Mormon-On-Mormon Action

Harry Reid's claim that a Bain investor told him that Romney didn't pay taxes for 10 years is pretty obviously BS:

Neither Reid nor his office will divulge the name of the Bain investor in question. In fact, Reid himself acknowledges that he has no idea if his anonymous source is correct, or has any way of knowing this information. You’d think if Democrats had disgruntled Bain investors reaching out to them, they’d give them some media coaching and put them before the press, on the record Additionally, the Romney campaign has come close to denying speculation that Romney paid no taxes whatsoever.

Dan Primack, a finance expert, further debunks the claim. But it could prove smart politics:

[Reid's rumor] sounds like something out of a junior-high cafeteria, but then again there’s also an easy way for Romney to knock it down. Which again raises the question: What can possibly be in the returns to make them so dicey to release? 

Lurking behind that question, though, is a related one that has gotten less attention: Why in the world did someone who has been running for president since late 2006 not years ago rid his personal finances of anything that could cause problems in a campaign—Swiss bank accounts, Cayman Island shelters, questionable IRAs, and whichever even more troublesome features lurk in the unreleased returns? After all, Romney is nothing if not a cautious, details-oriented fellow—this is someone who held a videotaped family summit before deciding whether to run for president. Why would he not have fixed his finances as carefully as his coiffure before venturing out onto the stage?

MacGillis goes on to outline a theory that Romney "may be cautious, but he is also, famously, a penny-pincher." Meanwhile, Allahpundit reflects on the mild-mannered Reid:

He specializes in these tactics during presidential campaigns. In 2008, he made more noise about McCain’s temper being a sign of possible derangement than any other major Democrat. (He also insisted that he couldn’t stand McCain as part and parcel of the demonization effort, even though the two had been known to socialize.) He’s an unusually nasty character, even by normal political standards, when he wants to be; gratuitously accusing George Romney of being disappointed in his son is simply [standard operating procedure].

The fact that the Obama campaign released the above ad the same day as Reid's interview hardly seems like a coincidence.