Mitt Rmoney (R-safe harbor from lies) has spent much of his life approving statements that may or may not be true but which excuse themselves from liability if they turn out to be true. Here's an example from current Bain dealings:
These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those in such forward-looking statements.Here's another:
A third:This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as TI or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.[emphasis added]
There are many, many more, of course. Bain's various companies are involved in a lot of deals.Because such forward looking statements contain risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward looking statements.
Since Mitt never worked under Sarbanes-Oxley (that we know of), he didn't actually sign these statements, but his cavalier attitude toward making shit up shows in practically every statement he ever makes, for example, this piece of pettifoggery:
According to the candidate's mythology, Romney took leave of his duties at the private equity firm Bain Capital in 1990 and rode in on a white horse to lead a swift restructuring of Bain & Company, preventing the collapse of the consulting firm where his career began. When The Boston Globe reported on the rescue at the time of his Senate run against Ted Kennedy, campaign aides spun Romney as the wizard behind a "long-shot miracle," bragging that he had "saved bank depositors all over the country $30 million when he saved Bain & Company."
In fact, government documents on the bailout obtained by Rolling Stone show that the legend crafted by Romney is basically a lie. The federal records, obtained under the Freedom of Information Act, reveal that Romney's initial rescue attempt at Bain & Company was actually a disaster – leaving the firm so financially strapped that it had "no value as a going concern." Even worse, the federal bailout ultimately engineered by Romney screwed the FDIC – the bank insurance system backed by taxpayers – out of at least $10 million. And in an added insult, Romney rewarded top executives at Bain with hefty bonuses at the very moment that he was demanding his handout from the feds.Mitt is a gee-whiz liar to the core. He believes his business and his god entitle him to say whatever he needs to say.