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Mitt owns stock in stem cell research
Boston Herald ^ | 8-15-07 | Casey Ross

Posted on 08/17/2007 8:28:33 AM PDT by 14themunny

Despite his “pro-life” campaign pitch, former Gov. Mitt Romney owns stock in two companies involved in embryonic stem cell research, a controversial field of study he previously cited as the reason for his rightward shift on abortion.

Romney holds stock in the biomedical firms Novo Nordisk and Millipore Corp., both of which use human embryos to research cures for chronic diseases, records show. Many conservatives fiercely oppose the research because it destroys the embryos in the process.

“I believe (pulling the investments) is a step he should take,” said Mildred Jefferson, president of Massachusetts Citizens for Life. “I do believe (Romney) is an honorable man, and having declared that he understands the ethical violation in embryonic stem cell research, I feel certain he would not want to have his money go to support it.”

In his public actions, Romney has occupied a middle ground on stem cell research. He has supported research using excess embryos created at

(Excerpt) Read more at news.bostonherald.com ...


TOPICS: Culture/Society; Miscellaneous; Politics/Elections
KEYWORDS: hypocrite; prolife; romney; stemcell
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This is like owning stock in Mengele-Corp.


"Photo--Mitt Romney flying his space-plane"

1 posted on 08/17/2007 8:28:37 AM PDT by 14themunny
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To: 14themunny

Mitt is a guy who says what the voters want to hear. In Massachusetts it took saying one thing. In the Republican primaries it takes saying another.


2 posted on 08/17/2007 8:30:34 AM PDT by SmoothTalker
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To: 14themunny

’ Romney’s assets are held in a blind trust created after he was elected governor in late 2002. The manager of that trust, Brad Malt of the law firm Ropes & Gray, said Romney had no way of knowing how his funds were invested. “He lost that ability once the trust was created,” he said. ‘

fyi, from the article.


3 posted on 08/17/2007 8:30:50 AM PDT by Badeye (You know its a kook site when they ban the word 'kook')
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To: 14themunny; onedoug; stylecouncilor

lol.


4 posted on 08/17/2007 8:33:43 AM PDT by windcliff
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To: Badeye
"The blind trust is an age-old ruse." - Mitt Romney, 1994
5 posted on 08/17/2007 8:36:09 AM PDT by EternalVigilance (States' rights can never trump God-given, unalienable rights...)
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To: 14themunny

The media can find stock owned by Republicans but can’t find Juanita Brodderik.


6 posted on 08/17/2007 8:37:31 AM PDT by Mind-numbed Robot (Not all that needs to be done, needs to be done by the government.)
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To: EternalVigilance

And?


7 posted on 08/17/2007 8:37:39 AM PDT by Badeye (You know its a kook site when they ban the word 'kook')
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To: SmoothTalker
Mitt is a guy who says what the voters want to hear.

You could say the same thing about the entire top tier.
8 posted on 08/17/2007 8:39:14 AM PDT by cripplecreek (Greed is NOT a conservative ideal.)
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To: 14themunny

wow. is this guy consistent on anything?


9 posted on 08/17/2007 8:39:32 AM PDT by Retired Greyhound
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To: Badeye

Also, Stem Cell research is legal. They get government funding if they are using current lines.
Is that is what is happening here?


10 posted on 08/17/2007 8:40:07 AM PDT by Holicheese (1-21-09 Hillary starts to destroy America!)
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To: Badeye

Just sharing Mitt’s knowledge with you.


11 posted on 08/17/2007 8:41:14 AM PDT by EternalVigilance (States' rights can never trump God-given, unalienable rights...)
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To: Holicheese

Also, Stem Cell research is legal. They get government funding if they are using current lines.
Is that is what is happening here?

fairly certain thats the case.

Whats telling is the Boston Globe ‘buried’ the fact Romney has no control over the blind trust.


12 posted on 08/17/2007 8:41:22 AM PDT by Badeye (You know its a kook site when they ban the word 'kook')
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To: SmoothTalker

This story is sensationalist, just because someone owns stock in Exxon for example doesn’t mean they support oil spills or price gouging....and does anyone really think that guy manages his own money?


13 posted on 08/17/2007 8:42:00 AM PDT by HHKrepublican_2
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To: EternalVigilance

Just sharing Mitt’s knowledge with you.

From 1994? For what purpose?


14 posted on 08/17/2007 8:42:07 AM PDT by Badeye (You know its a kook site when they ban the word 'kook')
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To: HHKrepublican_2

‘This story is sensationalist, just because someone owns stock in Exxon for example doesn’t mean they support oil spills or price gouging....and does anyone really think that guy manages his own money?’

The irony is its no different than liberals whining about Cheney and Haliburton, as if Cheney still owed the stock and run the company.


15 posted on 08/17/2007 8:43:12 AM PDT by Badeye (You know its a kook site when they ban the word 'kook')
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To: EternalVigilance

Ouch!


16 posted on 08/17/2007 8:43:56 AM PDT by pissant (Duncan Hunter: Warrior, Statesman, Conservative)
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To: Badeye
For what purpose?

Just giving you Mitt Romney's historical understanding of what blind trusts amount to politically. Do you disagree with him?

17 posted on 08/17/2007 8:44:19 AM PDT by EternalVigilance (States' rights can never trump God-given, unalienable rights...)
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To: 14themunny

This is gonna leave a mark! Pro-lifers are not going to let this slide. It’s one thing to say he changed his mind about abortion, it’s quite another thing to own stock in companies that violate moral convictions of the voter base.


18 posted on 08/17/2007 8:44:40 AM PDT by TommyDale (Never forget the Republicans who voted for illegal immigrant amnesty in 2007!)
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To: 14themunny
And in other news, the Boston Globe has found a witness who saw him wiping his butt with his right hand when the latch on the stall of the public restroom he was using sprung open prematurely.

The way I figure, if the Boston Globe hates him so much, he can't be all bad.

19 posted on 08/17/2007 8:46:39 AM PDT by Vigilanteman (Are there any men left in Washington? Or are there only cowards? Ahmad Shah Massoud)
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To: Vigilanteman
The way I figure, if the Boston Globe hates him so much, he can't be all bad.

Well, they loved him for most of his career. Until he decided to run for President and decided he needed conservative votes. That should tell you something.

20 posted on 08/17/2007 8:48:34 AM PDT by EternalVigilance (States' rights can never trump God-given, unalienable rights...)
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To: 14themunny

What, private companies doing stem cell research on their own? But, but the Mainstream Media keeps telling us that Bush outlawed stem cell research. Thousands are dying everyday because of the evil Bush.


21 posted on 08/17/2007 8:48:58 AM PDT by DallasMike
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To: TommyDale

Yeah, at least Judas threw his silver back at the Pharisees


22 posted on 08/17/2007 8:49:45 AM PDT by 14themunny
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To: TommyDale
Disagree.

Financial experts, without Mitt's knowledge, have invested some of Mitt's money in a firm which engages in legal research and which may also receive some federal funding for the pursuit of this legal research.

There's nothing here.

23 posted on 08/17/2007 8:49:46 AM PDT by ClearCase_guy (The broken wall, the burning roof and tower. And Agammemnon dead.)
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To: Badeye

The Globe hiding information??? Stop it you!


24 posted on 08/17/2007 8:51:18 AM PDT by Holicheese (1-21-09 Hillary starts to destroy America!)
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To: TommyDale

How many of you own mutual funds in your 401K that are invested in companies that do business in areas you are personally opposed to? Shouldn’t you divest yourselves of those funds?


25 posted on 08/17/2007 8:53:17 AM PDT by Russ
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To: ClearCase_guy
"Financial experts, without Mitt's knowledge, have invested some of Mitt's money in a firm which engages in legal research and which may also receive some federal funding for the pursuit of this legal research."

The blind trust argument is moot. If he sincerely is Pro-Life, he would direct that the trust divest itself from companies that violate that moral conviction, especially for a Christian.

"There's nothing here."

Yes, I'm sure the Romney Campaign would like us to just forget it. It won't happen.

26 posted on 08/17/2007 8:55:35 AM PDT by TommyDale (Never forget the Republicans who voted for illegal immigrant amnesty in 2007!)
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To: Russ
"How many of you own mutual funds in your 401K that are invested in companies that do business in areas you are personally opposed to? Shouldn’t you divest yourselves of those funds?"

None! And I'm not running for President, either!

27 posted on 08/17/2007 8:56:42 AM PDT by TommyDale (Never forget the Republicans who voted for illegal immigrant amnesty in 2007!)
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To: EternalVigilance

For what purpose?
Just giving you Mitt Romney’s historical understanding of what blind trusts amount to politically. Do you disagree with him?

I think every elected official should be using blind trusts to avoid conflicts of interest.


28 posted on 08/17/2007 9:00:08 AM PDT by Badeye (You know its a kook site when they ban the word 'kook')
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To: 14themunny

This is a pathetic smear attempt. The guy’s worth $250 Million and I’m sure because that it’s spread around all over. There just ain’t no way that he could possibly manage every possible aspect of his investments on his own or know exactly what the companies he invested in actually do.


29 posted on 08/17/2007 9:00:28 AM PDT by skikvt (Run Fred Run!!!!)
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To: TommyDale

Nope.

Own a 401K? Your in the same investment funds I suspect.


30 posted on 08/17/2007 9:00:43 AM PDT by Badeye (You know its a kook site when they ban the word 'kook')
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To: Holicheese

The Globe hiding information??? Stop it you!

(chuckle)

Just burying it deep, so to give a false impression to those that only read the ‘gotcha’ lines.


31 posted on 08/17/2007 9:01:53 AM PDT by Badeye (You know its a kook site when they ban the word 'kook')
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To: TommyDale
Only the ones too lame and ignorant to understand the meaning of a BLIND TRUST. Good riddance to those types. Would be nice to attract more intelligent, informed and rational people.
32 posted on 08/17/2007 9:03:10 AM PDT by redgirlinabluestate (www.MittReport.com)
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To: 14themunny

Uh, they were Sadducee’s. Jesus was a Pharisee, thus his title, Rabbi.


33 posted on 08/17/2007 9:04:28 AM PDT by onedoug
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To: TommyDale
It means little to me in light of ALL the facts. I am as pro-life as it gets. Any wealthy person who invests his money will end up with it somewhere that a story can be made of it. There are just too many incentives to lie and distort right now for too many people. Don’t trust anything without knowing all the facts.
34 posted on 08/17/2007 9:07:13 AM PDT by Clump (Your family may not be safe, but at least their library records will be.)
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To: Badeye

I have self directed retirement accounts, and I am extremely choosy who I invest in. Ask the people at Schwab what I did when they hired an anti-American Harry Belafonte to speak to their stockholders.


35 posted on 08/17/2007 9:09:58 AM PDT by TommyDale (Never forget the Republicans who voted for illegal immigrant amnesty in 2007!)
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To: redgirlinabluestate

I know quite well what a blind trust is. It doesn’t mean that Mitt Romney can’t do anything about it.


36 posted on 08/17/2007 9:10:45 AM PDT by TommyDale (Never forget the Republicans who voted for illegal immigrant amnesty in 2007!)
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To: Clump
"Don’t trust anything without knowing all the facts."

That street runs both ways.

37 posted on 08/17/2007 9:11:43 AM PDT by TommyDale (Never forget the Republicans who voted for illegal immigrant amnesty in 2007!)
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To: TommyDale

I have self directed retirement accounts, and I am extremely choosy who I invest in. Ask the people at Schwab what I did when they hired an anti-American Harry Belafonte to speak to their stockholders.

Good for you, I did the same with an brokerage firm a few years back that wanted to give the Impeached One a hundred thousand dollars for a speech.


38 posted on 08/17/2007 9:12:12 AM PDT by Badeye (You know its a kook site when they ban the word 'kook')
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To: 14themunny

I wonder how many of these “pro-lifers” on FR own shares of the same company, via their mutual funds and 401ks.


39 posted on 08/17/2007 9:15:24 AM PDT by Signalman (,i/)
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To: onedoug

I’m going to have to disagree. No where does the Bible mention that Jesus was a Pharisee. A Rabbi, yes. A teacher, but certainly not a member of the council.


40 posted on 08/17/2007 9:16:07 AM PDT by 14themunny
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To: All

This is really, really weak. There is a significant question here of why a blind trust’s portfolio content, of which Romney could not be aware, was made known to the press.

As for being able to do something about it — I am not sure he can. The problem he faces is . . . the story may not be true. He cannot ask to see the contents of the trust in order to verify the story.

If he believed it was true, he can’t dictate the content of the blind trust. All he can do is dissolve it and open another, and not know if THAT trust manager does the same thing.


41 posted on 08/17/2007 9:16:32 AM PDT by Owen
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To: TommyDale
Who said that? As soon as he learned of it (or it became UNblind), he has moved to divest from the investments that do not align with his personal and political principles. I'd say that is doing exactly the right thing about it in a timely fashion.

Those who want to use it for political purposes are truly scraping the bottom of the barrel due to so little ammunition otherwise, I guess. Must of gotten old claiming he was too rich, too smart, too good-looking, too well-organized, too slick, too savvy etc...

42 posted on 08/17/2007 9:17:03 AM PDT by redgirlinabluestate (www.MittReport.com)
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To: TommyDale

yes, and saying that it is in a blind trust doesn’t cut it. He needs to know how his millions are helping to promote the culture of death! Come on now...


43 posted on 08/17/2007 9:17:11 AM PDT by fabian
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To: redgirlinabluestate

...Too liberal...too “flip-floppy”...


44 posted on 08/17/2007 9:18:31 AM PDT by TommyDale (Never forget the Republicans who voted for illegal immigrant amnesty in 2007!)
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To: 14themunny

So what? It’s a hedge fund. It owns investments in nearly 2,000 companies. Leave it to the leftists to moan about “socially responsible” investments. Mitt’s fund bases their investments on earnings and charts, as it should be.


45 posted on 08/17/2007 9:19:36 AM PDT by montag813
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To: NeoCaveman

-oh boy. First Edwards, now Romney.


46 posted on 08/17/2007 9:21:03 AM PDT by tioga
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To: Bobkk47
I wonder how many of these “pro-lifers” on FR own shares of the same company, via their mutual funds and 401ks.

You know it has to be a distinct possibility that some of our 401Ks do invest in the same company or other companies that conflict with our stated moral views. Might be a good eye-opener to get more proactive and informed as to what's going on if it is important to you since most of us do not have blind trusts.

47 posted on 08/17/2007 9:28:04 AM PDT by redgirlinabluestate (I am sick and tired of the holier than thous)
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To: montag813

Leave it to the leftists to moan about “socially responsible” investments. Mitt’s fund bases their investments on earnings and charts, as it should be.
________

LOL. So I guess this gets Mr. Edwards off the hook for his investment is a hedge fund that is linked to subprime loans and foreclosures in New Orleans.

Seems that the investments one makes are fodder for the gristmill regardless of where one sits on the political spectrum. Several threads out there questioning Edwards for this. Is it still good for the gander if it’s good for the goose?

http://www.freerepublic.com/focus/f-news/1882559/posts
http://www.freerepublic.com/focus/f-news/1882493/posts


48 posted on 08/17/2007 9:29:09 AM PDT by dmz
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To: tioga
Novo Nordisk

I can't say that any of mutual funds have never owned this.

49 posted on 08/17/2007 9:31:03 AM PDT by NeoCaveman ("I mean, he's gone from Jane Fonda to Dr. Strangelove in one week." - Romney on B. Hussein Obama)
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To: EternalVigilance

Right, thats why they endorsed Shannon O’Brien in 2002.


50 posted on 08/17/2007 9:32:01 AM PDT by MassachusettsGOP (May the West and Republicans Always Win...)
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