Back in 1997, when Mitt Romney was still at Bain, he was involved in a housing investment deal that ended up going upside-down due to the housing crash. Here’s something the left will never mention because it doesn’t fit the profile they’re trying to construct:

The result was a rare Romney flop: The housing market soon collapsed, and he was stuck renting out the houses for years before unloading them, mostly at a loss, in the late 1990s, according to property records. The renters were offered the first chance to buy, but the Stampses could not qualify for a mortgage, recalled Mr. Stamps, who at the time had recently lost his job at an oil company.

“Then I got this phone call, personally, from Mr. Romney, asking if we really wanted to buy the house,” Mr. Stamps, 63, said in an interview the other day at the barbershop he now runs. “I said, yes we did. And he said he would loan us the money. He really helped us when we needed it.”

Amid the campaign furor over Mr. Romney’s wealth and taxes, the relatively tiny real estate investment — the mortgage generates less than $2,500 in annual interest income, according to his disclosures — has gone largely, though not entirely, overlooked.

You mean Romney didn’t just kill this guy’s wife and move on? That’s how he operates, you know.

Speaking of that, it sounds like Priorities USA — the pro-Obama Super PAC that did the “Romney killed my wife” ad — was looking for more dirt, but here they must have gone away horribly disappointed:

Mr. Stamps said that he and his wife had received calls in recent months from strangers who “seemed to be looking for negative stuff” about Mr. Romney, but that the couple had nothing to say to them. (The Stampses recently refinanced the original 30-year loan; the new mortgage, still with Mr. Romney, was dated June 12 but signed just two weeks ago. Details of the interest rate were not included in the public record.)

If they’re looking for sad stories from people who are having financial problems, why don’t they call some ex Solyndra employees?


28 Responses to “Something You’ll Never See in a Pro-Obama Ad”

  1. Joe Redfield on August 12th, 2012 2:03 pm

    I wish some loyal member of Team BO could tell me one story…just one…of their champion ever doing anything remotely similar to this in his life. Just one little story that shows he has not always put his political needs above everyone and everything else; but I'm not going to hold my breath waiting for it.

  2. SignPainterGuy on August 12th, 2012 3:02 pm

    Joe, I think that`s a dry well. There seem to be plenty of stories about Zero jumping to the head of the line or even into the middle of the line, like with his choom buddies, to get extra tokes, but none of him giving up his place in line.

  3. SignPainterGuy on August 12th, 2012 3:08 pm

    Wow, not only did Mitt make the original loan, but he refinanced it later. He didn`t sell off the loan to a bank so he wouldn`t be burdened with the responsibility of the long-term nature of the deal.

    How can that be ? It doesn`t fit the template at all !

    The lefty msm doesn`t tell about Mitt closing down a biz for a few days while he personally helped search for a kidnapped child (of an employee ?) .

  4. archer on August 12th, 2012 4:46 pm

    Reference link to story. Reference link.

  5. Granny55 on August 12th, 2012 4:49 pm

    OMG this article was in the NY Times???!!!! WTH is wrong with that paper???

  6. Truesoldier__ on August 12th, 2012 5:19 pm

    BTW, more info has come out about the "star" of the ad. It appears that he was offered a buyout of his contract.

    Another question that still remains unanswered is what was this guy doing between the 5 years after he left GST and his wife being diagnosed with cancer. Did he find another job? Did he sit on his a$$ living off of a buyout or a compensation package? Questions that I doubt we will ever get the answers to as the media will never ask them.

    Also, it looks like this PAC has more ads planned to include ones that make it sound like Romney is the reason some people committed suicide.

  7. Truesoldier__ on August 12th, 2012 5:22 pm

    American Crossroads has come out with a new ad showing the links between the Super PAC and Obama.

  8. archer on August 12th, 2012 8:57 pm

    It happened in 1996 and is very much worth the read. At Mitt’s instigation, the whole Bain Capital Corp. seems to have been put on hold for six days for a partner’s dire family need.

    This report is from the NYT and is another story that won’t be reported as a Zero campaign’s ‘WHAT MITT ROMNEY DID WHILE AT BAIN CAPITAL’ story.

    If Mitt never did any other good, and this was the only thing that he ever did during his lifetime, it speaks volumes about the character of the man. And the parent blog post above adds another volume to the man’s character.

    With this in mind, one wonders what sort of darkness, despicability, and venom would have to be in the mind, the blood, and heart of a person or persons to carry on the existent malignant campaign against him. And one also wonders why anyone would wantonly follow such a person and chose such a one as a leader unless the same blood flows through the followers.

  9. SignPainterGuy on August 12th, 2012 9:24 pm

    Here`s a YouTube vid by the father of the missing girl

    and here is a snopes write-up declaring the story TRUE

    I Binged "Romney searches for kidnapped child" and got these two, and tons of negative crap from every lefty under the sun searching for Mitt`s missing taxes, etc.

  10. SignPainterGuy on August 12th, 2012 10:08 pm

    We seem to have found the same article, heh …

    Agreed on every point. The left must be not only wrong, but evil as well to "wantonly follow" such leaders and run such despicable ads.

  11. backwoodsconsr on August 12th, 2012 10:27 pm

    It's going to be hard to fit that into the narrative about how evil Republicans are.

    The left wing media won't bring this up and I expect Romney will be too modest to. It'll be up to his supporters to get the word around. This is something about the man that needs to be known.

  12. SignPainterGuy on August 12th, 2012 10:31 pm

    Fascinating too is that the partners of Bain Capital themselves felt their "#1 accomplishment" for that year was not some "home-run investment", but the search and recovery of the 14 yr old daughter.

    Wouldn`t it be interesting to watch the lefty exploding heads at seeing a side-by-side comparison of Obama and Romney`s lives and accomplishments ?

  13. backwoodsconsr on August 12th, 2012 10:34 pm

    A long list on one hand and a blank sheet of paper on the other. Well, almost blank. Obama did manage to become the first gay president.

  14. SignPainterGuy on August 12th, 2012 10:34 pm

    I was thinking the very same thing, so maybe we should push his superpac to run it and get it on some well-read blogs.

    I`m headed over to a couple of my regulars right now to suggest it as a post.

    4 sites so far; here, MM`s, Potluck and ANTI-CRAPTASTICS !

  15. archer on August 12th, 2012 10:59 pm

    So it seems, SPG.

    One major problem is that Zero’s female knows their base too well. The Zero’s and their MSM supporter’s “little lazy friends” only care about “what’s in it for me” and his color.

    BOY, HOWDY! And what’s important to those little lazy friends?

  16. archer on August 12th, 2012 11:05 pm

    Your federal government has even “partnered” with a foreign government to offer American food stamps to their citizens for free American food and block any voter ID’s so their citizens can vote in America’s presidential election. Can you say, VOTE BUYING!

    Is that another of those “HIGH CRIMES AND MISDEMEANORS” of impeachable offence?

    If THAT doesn’t make you angry, few things will.

  17. Pasadena Phil on August 12th, 2012 11:18 pm

    The Boston Globe has devoted more than 15 years and spending lots of money aong the way trying to find dirt on Romney. They never found a single thing. Romney may be a Kennedy Republican, but he and his family are not Kennedy's. The only people I would ever run into when I lived near Romney who hated him were those WASPS in Belmont who were four-square against building that Mormon Temple along Route 9. They took the case all the way to the Supreme Court and largely thanks to Romney, the Mormon community prevailed.

    If you live close enough to the towns that the Kennedys live in, your always run into people who have personal stories of Kennedy misbehavior. You never ever run into anyone who had personal dealing with the Romneys who anything but good things to say. Until he ran for senator against Teddy the Swimmer, I doubt most of his neighbors in Belmont even knew who he was. He's the kind of guy who would stop at Star Market on Newton along Route 9 to pick up his own groceries.

    There just isn't any dirt to be found. They just aren't like that.

  18. SignPainterGuy on August 13th, 2012 12:10 am

    That would be Mexico ? Yes it would and yes it does !

  19. SignPainterGuy on August 13th, 2012 12:17 am

    As the snopes article archer and I linked to points out, Romney`s character shines. When posed with a problem, he switches into solve it mode; and he does it selflessly !

  20. SignPainterGuy on August 13th, 2012 12:35 am

    Always the BIG questions, eh Granny ? Make it easier and ask, "What is 'right' about the NY Slimes ?" It would fit on a really small Post-It note ! ;-)

  21. SignPainterGuy on August 13th, 2012 12:37 am

    I know; Zero`s paper could be the really small, page-label sized Post-It note so it would be filled up with 4 words.

  22. archer on August 13th, 2012 1:14 am

    “They just aren't like that.”

    ‘…that’ being the INK STAIN on the pages of American history, the GRAFFITI on the once hallowed walls of the halls of what has been turned into Chicago on the Potomac.

  23. SignPainterGuy on August 13th, 2012 3:37 am

    "Your" fed. gov. ….. ? Are you not a USAian yourself ?

  24. Pasadena Phil on August 13th, 2012 12:04 pm

    The "solve it" mode was the only reason that I would have voted for Romney in 2008. In fact, he was the only candidate running I would have voted for that year. Barely.

    My read on Romney is: put the right list in front of him and he will get it done. He will just check the items off one after the other. But that's also the problem. He just won't walk away from RomneyCare and the Ryan Plan does NOT reduce the size nor scope of government. What exactly is on that list? We'll see.

    But Mike Leavitt being Romney's transition team chief is very very troubling. It's like Mother Teresa being accompanied by Himler while doing good deeds. Something's just not right.

  25. SignPainterGuy on August 13th, 2012 3:21 pm

    Be that as it may, I`m looking at this as so much better than what we have now that I`m willing to wait and see ! Eagerly !

  26. imoforpcs on May 2nd, 2017 11:31 pm
  27. imoforpcs on May 2nd, 2017 11:56 pm
  28. imoforpcs on May 2nd, 2017 11:58 pm

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