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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFive startling facts about Mitt's investments - Salon article dated 10/20/2012
http://www.salon.com/2012/10/20/five_startling_facts_about_mitts_shady_investments/His trust also invested in derivative securities linked to the Japanese stock market and to an index that includes stocks in every major country except the United States. It invested in a derivative that would profit if the dollar fell against a group of foreign currencies, according to the Times.
While he calls Russia our number one geostrategic foe, he also invested in the politically influential Russian state oil company, Gazprom. Gazprom is one of Russias national champion companies, which are expected not only to turn a profit but also to advance the countrys national interests. It has long been seen as Vladimir Putins premier instrument of power, according to Foreign Affairs.
Andrew Kaczynski at Buzzfeed reported that while Romney has often used Chinese piracy and intellectual property theft as an issue while attacking President Obama on China, he had invested in Youku, a Chinese version of YouTube that became a haven for downloading illegal American content. He also invested in a Bain fund with a major stake in GOME, a Chinese electronics company that, according to the Boston Globe, is being sued by Microsoft Corp. for selling computers with pirated versions of its Windows and Office software.
A Bain Capital fund in which Romney was invested also stood to gain from Chinese political suppression. According to the New York Times, Bain purchased the video surveillance division of a Chinese company that claims to be the largest supplier to the governments Safe Cities program, a highly advanced monitoring system that allows the authorities to watch over university campuses, hospitals, mosques and movie theaters from centralized command posts. The firms previous projects have included an emergency command center in Tibet that provides a solid foundation for the maintenance of social stability and the protection of peoples peaceful life, according to the companys website.
More juicy tidbits at the link.
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Five startling facts about Mitt's investments - Salon article dated 10/20/2012 (Original Post)
nc4bo
Oct 2012
OP
Angry Dragon
(36,693 posts)1. Willard is king of the shit pile
nc4bo
(17,651 posts)2. Yes he absolutely is. nm