Rmoney's Cnooci problem - turn on Rachel right fuggin now

[malaise]

This is too good - he invested in a Chinese off shore oil company that's in business with Iran in 2011 - Bwaaaaaaaaaaaaaah! Blind trust my ass!



http://thecaucus.blogs.nytimes.com/2012/09/21/romneys-family-trust-invested-in-chinese-oil-company/
<snip>
The 2011 tax returns his campaign released on Friday show that Mr. Romney’s family trusts had invested in shares of a Chinese-owned state oil company but got rid of those investments this summer as Mr. Romney’s anti-Chinese rhetoric heated up on the campaign trail.

In 2009 and 2010, the W. Mitt Romney blind trust invested $77,262 in shares of Cnooc Limited, the state-owned Chinese oil company, and Industrial and Commercial Bank of China. On Aug. 10, 2011, as Mr. Romney was emerging as a harsh critic of China, the shares were sold, producing a profit of $8,138, as the trust made money on the oil company but lost money on the bank.

Mr. Romney’s campaign has repeatedly criticized President Obama for failing to take a tough line against Chinese trade practices. After Mr. Obama this week announced tough new trade actions against China, Mr. Romney took credit for forcing the president’s hand.

“President Obama has spent 43 months failing to confront China’s unfair trade practices,” Mr. Romney said in a statement after Mr. Obama’s announced that the government had filed trade complaints against China. “Campaign-season trade cases may sound good on the stump, but it is too little, too late for American businesses and middle-class families.

[Tennessee Gal]

1. Rachel is absolutely brilliant!

She really knows how to connect the dots.


This should go viral.

[malaise]

3. She really is top drawer

This man cannot be President.

[hrmjustin]

2. Imagine the commercials that they could make.

Getting tough on China. Yea right!

[malaise]

5. Effing unbelievable

What a sleazeball

[Spazito]

4. I have been listening and WOW!

Last edited Mon Sep 24, 2012, 10:19 PM - Edit history (2)

This totally negates anything Romney might say re 'getting tough with China' and 'taking on Iran'! He only divested his portfolio of this investment in Aug, 2011, well AFTER he began his run for the Presidency.

I read the part about what the chairman says about their deep water rights and went

Edited to remove the cut and paste paragraph, the whole article is well worth the read!

[malaise]

6. I changed the links because the first one doesn't allow cutting and pasting

but I've added the link again here
http://www.ft.com/intl/cms/s/0/ee7de4d2-065b-11e2-bd29-00144feabdc0.html#axzz27RZuCC00

Unfuggingbelievable!

[Spazito]

7. It is so well worth reading the whole thing for sure!

As I was listening to Rachel I went looking to see if there was anything on this elsewhere and found the same article and my jaw kept dropping as I read through it.

Wow!

[DevonRex]

12. The NYT link says he divested THIS summer. Not last. Nt

[Spazito]

15. No, not according to this paragraph from the NYT article...

"On Aug. 10, 2011, as Mr. Romney was emerging as a harsh critic of China, the shares were sold, producing a profit of $8,138, as the trust made money on the oil company but lost money on the bank."

It would have to have been in 2011 for it to show up as having been sold in his 2011 tax return.

I was confused at first as well because of this part in the article:

"The 2011 tax returns his campaign released on Friday show that Mr. Romney’s family trusts had invested in shares of a Chinese-owned state oil company but got rid of those investments this summer as Mr. Romney’s anti-Chinese rhetoric heated up on the campaign trail."

I think they have an error and it should be last summer instead of "this summer".

[w8liftinglady]

8. getting it on DMN...time to have fun!

[Wellstone ruled]

9. So Willard,you were invested

in a China Oil firm huh,damn the same one the Koch Bros are working with to extend a pipeline to their Refineries. Say ain't so Willard,you lying piece if Elephant Dung. Now we know why you were all for XL Pipeline,you traitorous basturd. This must be the same shares you gave your Mormon Church. Damn,nice to have a blind trust that you can control by oneself.

Willard,you are a major disappointment to human kind,oh that's right,you have no Soul,you empty bag of Feces.

[malaise]

10. Remember WilLIARd's own words

Blind trusts are a ruse

[ChairmanAgnostic]

11. And there is no such thing, in reality.

Wittard Mill Rmoney, thems your words.

[malaise]

17. Hehehehehehe

[George II]

21. Sorry, you're wrong...he's a FULL bag of feces!

[salin]

13. I appreciate your finding these items and brining them to us!

Keeping those of us who miss these items - into the know of the most recent stories that are not played strongly in the msm get missed.

As always, I greatly appreciate your monitoring, sharing of information, and sharing of insights, malaise!

[malaise]

14. Thanks salin but remember that Rachel raised this topic

and I merely went looking for links

[salin]

16. a year ago life afforded me a bit more time to do so with you.

We shared links - gut responses to those - and share reactions in real time.

Now I am at high-peak work time. My reviewing and reacting to news is greatly limited per the schedule. I love that you bring things to the board that I would completely miss.

Just wanted to let you know how much I appreciate you and your gifts of sharing information at DU. Even if I am not able to frequently comment, as I could a year ago - I am still reading and thinking.

Thank you, Malaise!

[malaise]

18. I remember well and am delighted to see you

posting these days.

[George II]

19. Ed Schultz also detailed Romney's investment in a Chinese HACKING and COUNTERFEIT company!!!

[tarheelsunc]

20. My wife works for CNOOC

She's still working in China while we wait on the immigration visa to be processed. Their treatment of employees is poor at best. She gets paid barely double of her rent with no benefits.

[progressivebydesign]

22. and yet Romney tells stories of how they have to fence companies to keep people out...

..sounds more like the other way around. Hope that your wife gets out of there soon.

[tarheelsunc]

23. Quitting is an epidemic at her branch

They can't hire enough people to replace the ones who leave. Romney's full of it when he says people are trying to get in to companies, China doesn't have an unemployment problem. I've told my wife she should quit but she doesn't want to go several months without making career progress. Overworked and underpaid, they treat her like an errand girl and she has yet to use any of the skills she actually studied even though she was hired on the basis of her skills. Her English amazing and they've never actually given her any assignments dealing with English even after promising her they would.

[Retrograde]

24. Oh, that Cnooki

When he was asked about his preferences a week or so ago I thought he was talking about the Snookie on Jersey Shore. Cnooki makes a lot more sense.

[Indpndnt]

25. ^^ This! ^^

[malaise]

29. You know that was my first thought

[LovingA2andMI]

26. This is great news but when the MSM (Yes, MSNBC & the New York Times) are Corporate Owned....

And they BOTH don't give credit to a BLOG that broke this connections MONTHS AGO, appreciate the story BUT these resources need to learn how to CITE CREDITED WORK.

I found this article from Politicol News Dated March 24, 2012 on a simple Google Search:

Politicol News|March 4, 2012

"In his 2010 tax returns Mitt Romney forgot to mention his investments in Iran Oil that were reported in his 2006 tax return....A 16 Billion Dollar Deal of Cnooc Ltd with Iran, WSJ Dec. 22, 2006".

http://www.politicolnews.com/mitt-romneys-iran-oil-investments/

[malaise]

30. Agreed

[jonesgirl]

27. Wow! Has anyone read the comments posted? Click on the link within malaise's post

Check out all the investments sold the day before Iowa Republican debate.

Romney is poison!

[malaise]

31. He should be poison

What I find amazing is his arrogance and hubris given all the sleaze associated with him.,

[Honeycombe8]

28. This should show up in an ad in Ohio, at the least. It's important. nt

[Berlum]

32. Republican "values" once again. Screw America. Take the money and run (R).

No wonder no one respects Republicans and their so-called 'leaders.'

[Spazito]

33. Here's the video clip from Rachel's show on this, well worth watching again!

http://www.msnbc.msn.com/id/26315908/ns/msnbc_tv-rachel_maddow_show/#49157177