Romney Tough on Obama over China

Discussion in 'Politics' started by boilermaker55, Sep 26, 2012.

  1. boilermaker55
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    boilermaker55 VIP Member

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    Typo: Romney Tough on Obama over China


    Romney’s Family Trust Invested in Chinese Oil Company.
    "On the campaign trail, Mitt Romney has become increasingly critical of China, saying the country is engaging in unfair trade practices and vowing to crack down on them in ways that are much more severe that the current administration."
    "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."
    Romney's Family Trust Invested in Chinese Oil Company - NYTimes.com
    You see, this is what it is all about with a "patriot" MONEY!
    Romney Firm Invested In Chinese Company That Touted Low Wages, Low Tax Liability To Investors
    Romney Firm Invested In Chinese Company That Touted Low Wages, Low Tax Liability To Investors | ThinkProgress

    "In his 1994 Senate campaign against Ted Kennedy, Romney scoffed at the idea that blind trusts are actually blind, calling it "an age-old ruse." And it seems that when Romney, in 2003, set up his own blind trust, he went into it with the view that he was pulling off a ruse."
     
    Last edited: Sep 26, 2012

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