Via Mediaite:

On CNN’s State of the Union today, Candy Crowley grilled Obama campaign advisor David Axelrod over a comment made by a staffer that either Romney lied to the American people about his time at Bain Capital or he lied on SEC filings, which would be a felony. Axelrod carefully parsed his explanation, saying that the campaign would never accuse Romney of being a felon, just potentially engaging in activity that would be considered a felony.

Axelrod insisted that all Stephanie Cutter meant was “If he was, in fact, not the chief executive, the president, the sole shareholder at the company at the time, and that’s what was filed, that would be a felony.”

Keep reading…