"Photo--Mitt Romney flying his space-plane"
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 ...
"Photo--Mitt Romney flying his space-plane"
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.
’ 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.
lol.
The media can find stock owned by Republicans but can’t find Juanita Brodderik.
And?
wow. is this guy consistent on anything?
Also, Stem Cell research is legal. They get government funding if they are using current lines.
Is that is what is happening here?
Just sharing Mitt’s knowledge with you.
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.
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?
Just sharing Mitt’s knowledge with you.
From 1994? For what purpose?
‘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.
Ouch!
Just giving you Mitt Romney's historical understanding of what blind trusts amount to politically. Do you disagree with him?
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.
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.
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.
Yeah, at least Judas threw his silver back at the Pharisees
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.
The Globe hiding information??? Stop it you!
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?
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.
None! And I'm not running for President, either!
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.
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.
Nope.
Own a 401K? Your in the same investment funds I suspect.
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.
Uh, they were Sadducee’s. Jesus was a Pharisee, thus his title, Rabbi.
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.
I know quite well what a blind trust is. It doesn’t mean that Mitt Romney can’t do anything about it.
That street runs both ways.
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.
I wonder how many of these “pro-lifers” on FR own shares of the same company, via their mutual funds and 401ks.
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.
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.
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...
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...
...Too liberal...too “flip-floppy”...
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.
-oh boy. First Edwards, now Romney.
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.
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
I can't say that any of mutual funds have never owned this.
Right, thats why they endorsed Shannon O’Brien in 2002.
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