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Old 09-29-2012, 09:11 AM
 
27,624 posts, read 21,120,803 times
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On Aug. 10, 2011, the night before Mitt Romney participated in a Republican primary debate in Iowa, the Republican nominee took an extraordinary step: He unloaded a boatload of stocks that may have been problematic in his run for the Oval Office.

Some of those investments included securities from companies with ties to Iran to investments in the state-owned Chinese oil company, CNOOC. The sale of these investments was confirmed in Romney's 2011 tax returns, which the candidate released to the public on September 21. Also enclosed in his 2011 tax return were the addresses of his Cayman Islands interests and the performance of his Goldman Sachs funds.

Mitt Romney Tax Returns Reveal Investments In Chinese Oil, Stem Cell Research, Plan B
Mitt Romney Tax Returns Reveal Investments In Chinese Oil, Stem Cell Research, Plan B


So Romney unloaded the stocks revealed in this very interesting slideshow just prior to the debates, which tells us that he knew there existence would be toxic to his campaign. Why would they be a problem Mitt? And since they would be a detriment to you, why do you think you lack of integrity qualifies you to run for the position of neighborhood dog catcher, let alone POTUS?
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Old 09-29-2012, 09:19 AM
 
Location: The land of infinite variety!
2,046 posts, read 1,499,728 times
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They forgot Konarka on that list. Oh, wait, that was tax payers money....

Quote:
Konarka appeared promising on the surface in January 2003 when Romney touted a plan to loan it $24 million from the state’s renewable energy trust fund.
Even though the state only put in 1.5M, it wasn't because of Mitt's lack of trying.

Konarka: Mitt's Bankrupt Solar Bet - Forbes
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Old 09-29-2012, 03:11 PM
 
9,846 posts, read 22,673,901 times
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All his investments are in a blind trust, so not much he can do about it. Basically much ado about nothing.
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Old 09-29-2012, 03:14 PM
 
69,368 posts, read 64,096,009 times
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Quote:
Originally Posted by wanneroo View Post
All his investments are in a blind trust, so not much he can do about it. Basically much ado about nothing.
If only they cared about our money anywhere close to them caring about Romneys..
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Old 09-29-2012, 04:23 PM
 
Location: West Texas
2,366 posts, read 1,646,794 times
Reputation: 2561
Source: Huffington Post - the most trusted name in journalism...lol
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Old 09-29-2012, 09:01 PM
 
Location: West Michigan
12,372 posts, read 9,310,667 times
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Plan B emergency contraceptives shouldn't keep his supporters up nights.
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Old 09-29-2012, 09:12 PM
 
993 posts, read 831,750 times
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Quote:
Originally Posted by sickofnyc View Post
The sale of these investments was confirmed in Romney's 2011 tax returns, which the candidate released to the public on September 21.

And since they would be a detriment to you, why do you think you lack of integrity qualifies you to run for the position of neighborhood dog catcher, let alone POTUS?
Romney had no obligation to release his tax returns, but he did. He made some investments that someone might not like. So what? There's no way to know what kind of underhanded investments Obama has made with all his socialist/communist connections. Socialism, Marxism, Communism & Obama.
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Old 09-29-2012, 10:08 PM
 
27,624 posts, read 21,120,803 times
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Quote:
Originally Posted by wanneroo View Post
All his investments are in a blind trust, so not much he can do about it. Basically much ado about nothing.
Really now?

Quote:
"The blind trust is an age-old ruse, if you will, which is to say, you can always tell the blind trust what it can and can not do. You give a blind trust rules."

--Mitt Romney (1994)

MSNBC Looks Back At Romney’s 1994 Comments About Blind Trusts: ‘An Age-Old Ruse’ | Mediaite
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Old 09-29-2012, 10:14 PM
 
9,846 posts, read 22,673,901 times
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Who cares? That was 20 years ago. Don't you guys have something else to do?
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Old 09-29-2012, 10:20 PM
 
27,624 posts, read 21,120,803 times
Reputation: 11095
Quote:
Originally Posted by wanneroo View Post
Who cares? That was 20 years ago. Don't you guys have something else to do?
Don't you have something else to do other than dismiss posts that debunk yours?

A blind trust is not a blind trust when there is direct or indirect control over investment decisions. While Romney has nominally placed his investments in a trust which is managed by someone else, the person he has chosen to manage those investments is his close associate and personal attorney. That is not a blind trust under federal law. It is a trust managed by a close personal friend and advisor.

...and that is it in a nutshell. Romney stays true to the one thing you can count on him for...lying! And BTW...as stated in the OP, he dropped the investments just prior to the debates...just why do you think that was?
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