Jon Stewart rips Romney on Bain, taxes
July 17th, 2012
10:46 AM ET
2 years ago

Jon Stewart rips Romney on Bain, taxes

(CNN) - "Daily Show" host Jon Stewart returned to his set after a two-week vacation just in time to hammer Republican White House hopeful Mitt Romney over new questions about Romney's tenure at Bain and renewed calls for him to release more of his income tax returns.

Stewart struck upon a remark senior Romney adviser Ed Gillespie said Sunday on CNN's "State of the Union," when he told chief political correspondent Candy Crowley that Romney "retroactively retired" from Bain Capital while he was heading the 2002 Salt Lake City Olympics.

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"I'm not saying that if you have a time machine you necessarily have to kill Hitler. But this retroactive retirement is the worst use of a time machine I have ever seen," Stewart joked.

The host delved further into reports stating Romney was listed as Bain's CEO after 1999, when the company invested in companies that outsourced jobs overseas. Stewart mocked the confusing explanation Romney's team has offered, which is that the GOP candidate was merely listed as the firm's CEO but didn't have a decision-making role.

"'I was just the guy with the smoke-screenish yet still-legal title of CEO and managing director who was paid at least $100,000 a year to do what according to me, Mitt Romney, was nothing,'" Stewart said. "'That's the kind of common-sense business experience I hope to bring to the White House.'"

Stewart chided the candidate for telling reporters that he's not responsible for his investments because they're handled in a blind trust, saying, "So Mitt Romney is running on his business and finance acumen but is not responsible for the management of either his business or finances."

What would clear up confusion, Stewart said, would be "quick look at Romney's tax returns from the last 10 or 12 years."

Romney, of course, has said he will release only two years of tax return information, despite calls from Democrats and some Republicans to release more.

"Just the two years when you knew you were running for president," Stewart said. "Nobody gives a [bleep] about those two years. It would be like if the Keith Richards autobiography was called 'My Years as a Movie Pirate.'"

Stewart finished with an assessment of Romney's stance, saying the candidate doesn't understand that "nobody cares that Mitt Romney is rich."

Stewart continued, "It's Romney's inability to understand the institutional advantage that he gains from the government's tax code largesse, that's a little offensive to people, especially considering Romney's view on anyone else who looks to the government for things like, I don't know, food and medicine."

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Filed under: 2012 • Mitt Romney • Taxes
soundoff (78 Responses)
  1. Governor 47th in Job Creation (excluding jobs off-shored to China)

    How many years of financials would Willard want to see of companies he was looking to raid? Bet it's more than one year.

    July 17, 2012 11:52 am at 11:52 am |
  2. Guest

    Jon Stewart doesn't have a great record on telling the truth. He's just an entertainer for the left.

    July 17, 2012 11:52 am at 11:52 am |
  3. Rudy NYC

    ABCD

    Though Jon Stewart is a comedian, I expected him to take this issue of Bain and Tax Returns of Romney seriously and not a laughable matter. It is all about peoples lives and the future of the country, thus most of us take it seriously.
    ----------------–
    Stewart's show is modeled to look like an actual news broadcast, but is actually a satirical, comedic look at politics and other current events, but most especially politics. It was, and always has been, intended to be seriously funny. The show highlights the most important issues of the day. People's lives and the future of the country will hinge on the upcoming election. Making satire about it is far better than ignoring and making fun of that viral video of a kitten fighting a doberman that is featured on Fox News today.

    July 17, 2012 11:52 am at 11:52 am |
  4. .. a laurel and hardy handshake ........

    ..
    Where have we heard this BLIND TRUST thing before - was it DUBYA ?
    ..
    WILLARD MITTHOUSE ROMNEY probably (like MCCAIN) doesn't know HOW MANY HOMES HE OWNS !!

    July 17, 2012 11:55 am at 11:55 am |
  5. Yuri

    We smell a rat, a mouse and all other rodents, in this Romney's raucous riot!

    July 17, 2012 11:55 am at 11:55 am |
  6. Dominican mama 4 Obama

    "I'm not saying that if you have a time machine you necessarily have to kill Hitler. But this retroactive retirement is the worst use of a time machine I have ever seen,"
    -------------------------------------------------
    Oh Lawd.
    BWAHAHAHAHAHAHAHAHA!!!!!!

    July 17, 2012 11:56 am at 11:56 am |
  7. Obama 2012 - MOVE Forward America, NOT another round of DUBYA's FAILURES

    @Guest – Jon Stewart doesn't have a great record on telling the truth. He's just an entertainer for the left.
    ---------------------------------
    and what should we say about the right wing entertainers (including Faux Noise), such as Hannity, Beck, Ingraham, Medved, O'Reilly and Levin and their record(s) on truth-telling ??

    July 17, 2012 11:58 am at 11:58 am |
  8. kevin

    Not only does the US need to sweep the repubs from the oval office, we need to clean out the house as well. It's the Dems fault for taking 2010 off. Vote Democrat in every election until these idiots are extinct.

    July 17, 2012 11:58 am at 11:58 am |
  9. Sniffit

    "How many years of financials would Willard want to see of companies he was looking to raid? Bet it's more than one year."

    Another great point. You taking notes CNN? So far we've got the Ballot Law Commission testimony and "back when you were at Bain, how many years of financials would you expect to see from a company before getting involved?" Failure to ask questions like these will be considered an admission that you're not interested in doing anything that can be remotely characterized as "journalism."

    July 17, 2012 11:59 am at 11:59 am |
  10. 2020

    Be aware, Jon Stewart. Romney may ask for payments for all the jokes materials he generate.

    $100,000 for doing absolutely nothing, so he claimed as sole shareholder, chairman, sole director.

    Next, he will tell you the earth is square, and sun rises from the North, if you will believe it.

    July 17, 2012 11:59 am at 11:59 am |
  11. Governor 47th in Job Creation (excluding jobs off-shored to China)

    demwit

    No surprise. Stewart uses the same teleprompter as Obama.

    That would be the same teleprompter that Rectroactive Mittens used (see NAACP "speech"). Fixed it for you. Get some new material, junior.

    July 17, 2012 12:02 pm at 12:02 pm |
  12. Rudy NYC

    Guest

    Jon Stewart doesn't have a great record on telling the truth. He's just an entertainer for the left.
    -----------------
    Unlike Limbaugh, he doesn't try to tell the truth. Limbaugh's show began as a radio version of what Stewart is doing now. Limbaugh has been, and always will be, an entertainer. People think that he is political commnetator reciting facts. No, Limbaugh is an entertainer, making things up as he goes along, complete with witty witticisms. The Daily Show is not very different, when viewed from that perspective. Unlike Limbaugh though, Stewart's satirical aim is across the board and is intended to be funny, not a little shop of horrors, monolithic lies, and verbal offensives.

    July 17, 2012 12:02 pm at 12:02 pm |
  13. Obama 2012 - MOVE Forward America, NOT another round of DUBYA's FAILURES

    @rla – Come on liberals you all got snookered by a Chicago Pol who has done nothing of any importance before nor after his election except elicit school yard trash talk , divide the country, run up massive debt with no result and fund raise in place of governing!??? What 's not to like TIME TO MOVE ON!
    ------------------------–
    surely you jest? Why would we want move on BACKWARDS to the Dubya days. Those same days that left use with a $1.47 TRILLION deficit in 2008 (Obama's largest was $900B – 30+% LESS), an $850 BILLION TARP bailout for banks too big to fail, jobs lost at 700,000 a month (Obama has created 4+ MILLION since, and stopped the outflow), TWO unfunded wars (that cost the Obama administration more than $3 TRILLION). Yes, the $6T in debt you right wingnuts whine about contains more than $3T that paid for Dubya's wars in Iraq and Afghanistan.
    We are out of Iraq, and out of Afghanistan in 2014. OBL is dead, and so are most of his cronies.
    Yet you want us to move forward to the OLD days????

    July 17, 2012 12:04 pm at 12:04 pm |
  14. Rick from Texas via Florida

    Last nights show for me....was a relief. For a minute I thought the arguements had gotten lost in all the propoganda. Its well documented that over the past 32 yrs people like him have devauled American Interprise and sold it off to the highest bidder. Enough! People are angry for one reason. The collapase of the housing maket and congress unwillingness to debate it and do something abouit it. I firmly believe that when the American poeple are given the kind of support that was given to the banks to correct there mess, we'ed have a booming economy! Give every eiligle American his or her earning back prior to 2008 TARP. Call it ATRA The American Tarp Recovery Act. Capped at $75000. Let's have that conversation.

    July 17, 2012 12:07 pm at 12:07 pm |
  15. alicai

    Every American should consider Jon Stewart their hero. Sure he may lean left but he chides the left just as much. This Bain segment was Spot on. Willard is as sleazy a "businessman" as they come. There is no way he will ever release his tax returns b/c he will be revealed for the average wall street hustler he really is. No one should ever ever compare him and Obama when it comes to integrity.

    July 17, 2012 12:11 pm at 12:11 pm |
  16. Lizzie

    OBAMA 2012, maybe if you would listen and watch something else then the main stream media you would know the truth. Did you know that Bill O'Reilly has been invited more often to WH functions then all you left/liberal comentatores combined. Did you know that the main stream media gets their NEWS from Media Matters and all they do is read it of their papers put in front of them. Do you even know who or what Media Matters is.

    July 17, 2012 12:13 pm at 12:13 pm |
  17. Dominican mama 4 Obama

    Hey Robmey!! How's that BRACKETING OF THE PRESIDENT thing working out for ya'?! LOL!
    I'd stop following our leader around if I were you, you're getting your butt whupped, and we haven't even gotten to the debates!
    Lordy, Lordy, Lordy. Tsk, tsk.

    July 17, 2012 12:13 pm at 12:13 pm |
  18. Lizzie

    alicai, "street hustler" you have him confused with the comunity organizer who made a living street hustling.

    July 17, 2012 12:15 pm at 12:15 pm |
  19. JimB

    Romney doesn't want government support for anyone but he and his rich friends and donors. They like big government that supports them. They see they might be able to buy an election because of the awful and corrupt Citizens United decision. His cronies want more tax breaks. He's been bought. He is the biggest welfare cheat, taking advantage of every tax break.. We're not sure all were legal. He's going to reform our tax code and create more jobs? What a joke! The joke is on the American people because some, sadly, are buying his story.

    July 17, 2012 12:15 pm at 12:15 pm |
  20. Wake up people

    Before this is all over the only people supporting Robmey will be the very rich and people like demwit, rla, and Dixie Normous, these people would vote for Satan over President Obama or anyone that looks like him.

    Show us your papers Mittens, inquiring minds want to know....

    OBAMA 2012!

    July 17, 2012 12:16 pm at 12:16 pm |
  21. Woman In California

    Nothing about Willard is funny even if it is coming from Jon Stewart.

    This puppet of a man stood in front of a camera and told a black audience there would be no "free stuff" but openly declares he did absolutely nothing to receive the $100,000 he received from Bain (funny)? He is the most digusting candidate in my lifetime to EVER run for POTUS. As a matter of fact, if I could, I would vote for Richard Nixon before I would vote for this lying, draft dodging Mormon. His entire life has been built on lies and to this point, he's been able to "dodge" and run everytime he's been caught in them (Viet Nam, Romneycare, Bain and the tax issue). How much longer are the American people going to let Willard keep dodging? I say it's time to expose this fraud of a man and send a message that he can't "dodge" his way into the presidency.

    Obama 2012 ALL the way.

    July 17, 2012 12:16 pm at 12:16 pm |
  22. Jerseygirl

    @Guest: "Jon Stewart doesn't have a great record on telling the truth. He's just an entertainer for the left."
    Have you ever tried watching Jon Stewart's show? He points out the hypocrisy on BOTH sides of the aisle so he doesn't have to lie about anything! I missed him the last 2 weeks he & Stephen Colbert were on vacation & I'm glad they are back! And to RUDY NYC, I believe the little kitten and the doberman were just playing – I happened to be changing channels and try not to stay on FAUX ENTERTAINMENT NEWS CHANNEL too long! LOL

    July 17, 2012 12:17 pm at 12:17 pm |
  23. papanez

    5 stars for Mr. Stewart. He simplifies the news and makes stunning points. Watcha hiding, Mittens???

    Obama/Binden 2012

    July 17, 2012 12:20 pm at 12:20 pm |
  24. Hey, Mittens, got any more of those 100K Bain jobs for doing nothing? 'Call Me, Maybe'?

    I would have to suggest that CNN and other "news" sites, could take lessons from Jon on his ability to "cut to the chase" without all the noise.

    To CNN's benefit, you did at least report it, OTW I would not have realized how bright and succint Jon really is.

    July 17, 2012 12:23 pm at 12:23 pm |
  25. asdf

    Everyone can complain about who was worse, Bush or Obama, but this is ignoring the largest problem with politics. Until we stop trying to prove that 'the other side" is worse, and realize that we are all in this together, we will constantly be blind to "our own" politicians screwing us over just as much as the last guy.

    Bush and Obama both put the country into way more debt than should ever be tolerated by the public. We need to find some candidates who can balance our nation's checkbook, and we need vote on our own policies instead of trying to help a party "win."

    July 17, 2012 12:24 pm at 12:24 pm |
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