
Olympic Snow Job

Mitt's Snow Job

Romney's Olympic Bailout
Who would a’ thunk it? Mitt Romney outed by late night TV host and comedian, David Letterman. Letterman interviewed MSNBC’s Rachel Maddow about the third and final Presidential debate of 2012. The comedian, an astute follower of news and politics, asked Maddow about the GOP candidate’s often told story of how used his business acumen to save the 2002 Salt Lake Winter Olympics in Utah. But before Maddow could respond, Dave answered his own question. He said it was an easy online search, and wondered why some journalists perpetuate Romney’s narrative.
During the debate in Boca Raton, Mitt again brought up his experience as CEO of the games: I'm pleased that I've balanced budgets. I was in the world of business for 25 years. If you didn't balance your budget, you went out of business. I went to the Olympics that was out of balance, and we got it on balance, and made a success there.
Well, the Mittster isn’t being truthful. He is leaving out lots of facts about that rescue. Earlier this year, the Daily Kos and Mother Jones fact-checked “Mister Winter Olympics.” Here are the Truth-o-meter results:
TRUE--Romney was the CEO of the Salt Lake City Olympics following a bribery and corruption scandal
FALSE--Romney didn’t “build it.” He fails to mention the $1.5 billion in FEDERAL TAXPAYER funds and “sweetheart deals” he gave to millionaire pals and the Mormon Church for participation in the Salt Lake City Olympics.
Sports Illustrated points to the truth in a long 2001 article:
http://sportsillustrated.cnn.com/vault/article/magazine/MAG1024516/index.htm
Daily Kos:
http://www.dailykos.com/story/2012/07/31/1114110/-Romney-did-NOT-save-2002-Olympics-Lost-his-cool-Likely-breached-his-contract-Profiteered
Mother Jones:
http://www.motherjones.com/politics/2012/07/mitt-romney-expensive-olympics-federal-funding