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Romney to Cut Embryonic Stem Cell Investments After Press Discovery
LifeSite.net ^ | August 17, 2007 | Elizabeth O'Brien

Posted on 08/17/2007 10:41:28 PM PDT by EternalVigilance

BOSTON - After a recent discovery by the press, Republican presidential candidate Mitt Romney appears to be pulling out his investments from two companies that use embryonic stem cell research. The discovery of his investments may have a negative effect on voters who already have doubts over the statesman's inconsistent record on life issues.

Members of the press and campaign opposition recently examined a federal financial statement and found that Romney owns stocks in Novo Nordisk and Millipore Corporation, two companies that use embryonic stem cells in their research, the Boston Herald Reports. Since the discovery was made public, Romney has stated that his investments will likely change to support his views.

"The trustee of the blind trust has said publicly that he will endeavour to make my investments conform with my positions, and I am confident that he will," said Romney. The former Massachusetts governor defended himself by saying that his investments were held in a blind trust which made him unable to specifically direct his funds. To some, however, this justification rings hollow in light of the fact that in 1994, he criticised Senator Edward M. Kennedy for the very same defense during the U.S. Senate campaign.

"The blind trust is an age-old ruse," Romney was quoted as saying at the time, the Herald reports. "You give a blind trust rules. You can say to a blind trust, don't invest in properties which would be in conflict of interest or where the seller might think they're going to get an advantage from me."

According to Romney's trust manager Brad Malt, of the law firm Ropes & Gray, the former governor took none of these precautions when the trust was established in 2002. Nevertheless, Malt also stated that it was impossible for Romney to predict where his money would go, for he "lost that ability once the trust was created."

According to the Herald, Romney owns between $190 and $250 million worth of assets. Out of this, he has between $100,000 and $250,000 invested in Novo Nordisk. On its official website, however, the company clearly states its support of embryonic stem cell research. (Read the Novo Nordisk statements on embryonic stem cell research: http://www.novonordisk.com/science/bioethics/stem_cell_ethic...).

Romney also invested in the Massachussetts-based Millipore Corporation, another company that uses embryonic stems cells for research. (See the Millipore website: http://www.millipore.com/corporate/pressroom.nsf/docs/73alx3).

Despite the fact that Romney appears to be pulling out of the problematic companies, the discovery of his these investments may shake the faith of conservative voters, especially since Romney's past record on life issues has been a slippery see-saw.

Ten years after declaring himself pro-choice, the former governor stated in 2004 that he had a pro-life conversion while discussing the very issue of embryonic stem cell research. He said, "It hit me very hard that we had so cheapened the value of human life in a Roe v. Wade environment that it was important to stand for the dignity of human life." Nevertheless, the recent discovery may once again have people questioning his motives and the reliability of such conservative claims during his run as presidential candidate.

Interestingly enough, however, it has also recently been discovered that the fiercely pro-life Senator Sam Brownback also had a much less sizeable amount of money invested in one of the same embryonic-stem-cell-using companies as Romney (Novo Nordisk), in the form of mutual funds. According to Brownback's financial disclosure records, he has between $1001 and $15000 invested in the mutual fund. Brownback's aides, however, have pointed out that in fact the fund is listed under one of Brownback's dependant children.

"The fund in question was not owned by Senator Brownback or his wife. It was owned by one of his children, who was unaware of the issue. The broker has already been contacted and instructed to sell the fund," said Brownback spokesman Brian Hart.


TOPICS: Front Page News; Politics/Elections
KEYWORDS: romney; romneylegacy; stemcells
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1 posted on 08/17/2007 10:41:31 PM PDT by EternalVigilance
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To: Sun; Reagan Man; Petronski; Gelato; Waywardson; Broadside; Delphinium
Other related threads:

Romney in Stem Cell Biz, Despite Political Opposition [Sam Brownback, too]

Mitt owns stock in stem cell research

Romney Faces A Credibility Gap

Romney Supports Human Life Amendment, Then Qualifies Stance

Embryonic Stem Cell Research Financier Joins Pro-Gay Fundraiser To Host Mitt Romney San Diego Event

2 posted on 08/17/2007 10:48:02 PM PDT by EternalVigilance (States' rights don't trump God-given, unalienable rights...support the Reagan pro-life platform)
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To: EternalVigilance

Well, well, it seems Romney wants to be president badly.

It seems he’ll do or say just about anything to win.


3 posted on 08/17/2007 10:57:47 PM PDT by Sun (Duncan Hunter: pro-life/borders, understands Red China threat! http://www.gohunter08.com/Home.aspx)
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To: Sun

I’ve never seen anyone with a worse case of it.


4 posted on 08/17/2007 10:59:47 PM PDT by EternalVigilance (States' rights don't trump God-given, unalienable rights...support the Reagan pro-life platform)
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To: EternalVigilance; Sun

This too shall pass. Romney’s blind trust keepers should have known better.


5 posted on 08/17/2007 11:01:21 PM PDT by Saundra Duffy (Romney Rocks!!!)
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To: Sun

He must have had a “revelation”.


6 posted on 08/17/2007 11:07:46 PM PDT by glorgau
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To: Saundra Duffy
"The blind trust is an age-old ruse." - Mitt Romney, 1994
7 posted on 08/17/2007 11:10:38 PM PDT by EternalVigilance (States' rights don't trump God-given, unalienable rights...support the Reagan pro-life platform)
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To: Saundra Duffy

It’s good that Governor Romney discovered it and I admire him for doing the right thing. It isn’t easy keeping track of ones investments, when one has as many as Mitt, even when one has a mind too.


8 posted on 08/17/2007 11:55:14 PM PDT by TAdams8591 ( Guiliani is a Democrat in Republican drag. Mitt Romney for president in 2008! : ))
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To: EternalVigilance

“”especially since Romney’s past record on life issues has been a slippery see-saw.””

LOL I’ve heard that said about Romney.


9 posted on 08/17/2007 11:55:48 PM PDT by ansel12 (Life is Exquisite, of Great Beauty Keenly Felt.)
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To: TAdams8591

I wish I had some blind trusts . . . or any trusts for that matter. Romney has made a fortune by being a good businessman. This is a problem I wish I had - so much money to keep track of.

It is interesting how Sam Brownback’s name came up in this same vein - a guy who went after Romney with a vengeance. It’s interesting, you have to admit.

Good night, sweet princes and princesses.


10 posted on 08/17/2007 11:59:26 PM PDT by Saundra Duffy (Romney Rocks!!!)
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To: Saundra Duffy

“Good night, sweet princes and princesses.”

Time for me too, goodnight.


11 posted on 08/18/2007 12:01:51 AM PDT by ansel12 (Life is Exquisite, of Great Beauty Keenly Felt.)
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Comment #12 Removed by Moderator

To: EternalVigilance

What is it about Romney? I can’t go two days without being reminded of the Bass-o-Matic huckster.

http://www.youtube.com/watch?v=O6Op3OPItH0


13 posted on 08/18/2007 4:05:55 AM PDT by Graymatter ( Fort Knox needs an audit.)
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To: EternalVigilance
Mitt says he opposes some embryonic stem cell research.

But he supports other embryonic stem cell research.

Always trying to play both sides of every issue, from guns, abortion, immigration, foreign policy ....

14 posted on 08/18/2007 4:24:02 AM PDT by JohnnyZ (Romney : "not really trying to define what is technically amnesty. I'll let the lawyers decide.")
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To: EternalVigilance; Saundra Duffy; ansel12; TAdams8591; Reaganesque; Rameumptom; Grig; sevenbak; ...

To whom it may concern

EternalVigilance up to his old obsession with MassRessistance...

This blog is akin to KlanWatch. We are watching the Hate groups in Massachusetts, namely the Massresistance “blog” and Article8.org. While they are the rightest of the right and mainly a fringe group, their hate speech should not go unnoticed. Unlike them, we are not afraid of opposing viewpoints, please feel free to comment.

MassResistance WatchIt now appears that LifeSite News is posting the story of the inaccuracies in the Fox News report but has the correction appeared on Massresistance’s ...
massresistancewatch.blogspot.com/ - 151k - Cached - Similar pages
http://massresistancewatch.blogspot.com/


15 posted on 08/18/2007 4:29:33 AM PDT by restornu (Teach them correct principles and let them govern themselves ~ Joseph Smith)
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To: EternalVigilance
"I’ve never seen anyone with a worse case of it."

Come'on, no one wants to be president more than Hillery, she would sell her soul. (Oh, she already did that)

16 posted on 08/18/2007 5:14:54 AM PDT by #1CTYankee (That's right, I have no proof. So what of it??)
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To: EternalVigilance

That didn’t take long. Good work, Mr Romney.


17 posted on 08/18/2007 5:15:43 AM PDT by montag813
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To: restornu; EternalVigilance; Saundra Duffy; ansel12; TAdams8591; Reaganesque; Rameumptom; Grig; ...
We are watching the Hate groups in Massachusetts, "Hate groups" you write like a liberal. RESTO, don't be blinded by your religion.
18 posted on 08/18/2007 5:41:44 AM PDT by tiger-one (The night has a thousand eyes)
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To: tiger-one

What are you talking about this is from the link I posted on their watch

http://massresistancewatch.blogspot.com/


19 posted on 08/18/2007 5:51:15 AM PDT by restornu (Teach them correct principles and let them govern themselves ~ Joseph Smith)
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To: Saundra Duffy
If Fred Thompson had been caught in the same situation you’d be all over him like white on rice, gleefully ripping him apart. Hypocritical, don’t you think?
20 posted on 08/18/2007 5:53:36 AM PDT by 2ndDivisionVet (Cuius testiculos habeas, habeas cardia et cerebellum)
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So I did not read it careful enough sue me!


21 posted on 08/18/2007 5:53:49 AM PDT by restornu (Teach them correct principles and let them govern themselves ~ Joseph Smith)
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To: EternalVigilance
Hey the state of Missouri after the Fox ads decided to make stem cell research part of the state salvation program. No I am not a Romney supporter but there are a millions of Americans who have put their faith in a state run salvation plan.
22 posted on 08/18/2007 5:54:04 AM PDT by Just mythoughts
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To: Saundra Duffy

Don’t pay this man any mind he is not a nice person!


23 posted on 08/18/2007 5:55:19 AM PDT by restornu (Teach them correct principles and let them govern themselves ~ Joseph Smith)
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To: tiger-one

Leave my faith out of this!

I dont go after yours if you have one!


24 posted on 08/18/2007 5:56:57 AM PDT by restornu (Teach them correct principles and let them govern themselves ~ Joseph Smith)
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To: EternalVigilance

I know people will “care” about this... but who cares.. if his blind trust did this, it’s not like he did.

And someone CMIIW but those companies do more than stem cell research right... so are we to believe that every product or research line of every company invested in needs to be examined for something politically incorrect?

Nonsense.

This is a meda hit against Republicans, as usual.


25 posted on 08/18/2007 6:44:33 AM PDT by pacelvi (In general, Democrats are the only real reason to vote for Republicans. - Thomas Sowell)
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To: JMack
...and make us long for the conservatism of Bush's immigration proposal

Sheesh..I have no words....

..Guennie just shakes her head.

26 posted on 08/18/2007 6:48:44 AM PDT by Guenevere (A)
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To: EternalVigilance; colorcountry; FastCoyote; MHGinTN; Pan_Yans Wife; svcw; Enosh; Elsie; ...

PING


27 posted on 08/18/2007 6:53:02 AM PDT by greyfoxx39 (I think all legal Americans should get 5 votes apiece to make up for the "new" voters.)
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To: 2ndDivisionVet

Fred T does not get a pass, no. The anti Mitt’s are out there in full force. Fair ‘nough.


28 posted on 08/18/2007 7:30:07 AM PDT by Saundra Duffy (Romney Rocks!!!)
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To: TAdams8591

“It’s good that Governor Romney discovered it and I admire him for doing the right thing. It isn’t easy keeping track of ones investments, when one has as many as Mitt, even when one has a mind too.”

If Mitt had discovered it, you wouldn’t have heard about
it. Only when another’s flashlight fell upon the truth,
was Mitt forced to act. I admire people who do the right
thing “in the dark” - and not just when they are running
for office.

You flack for him.

ampu


29 posted on 08/18/2007 7:33:08 AM PDT by aMorePerfectUnion
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To: Graymatter

“Yes, it’s just that simple!”

;-)


30 posted on 08/18/2007 7:49:44 AM PDT by EternalVigilance (States' rights don't trump God-given, unalienable rights...support the Reagan pro-life platform)
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To: JohnnyZ
Always trying to play both sides of every issue, from guns, abortion, immigration, foreign policy ....

That would be Romney, yep.

A real, live "cover the road" politician.

"Live," politically, for the moment...

31 posted on 08/18/2007 7:52:33 AM PDT by EternalVigilance (States' rights don't trump God-given, unalienable rights...support the Reagan pro-life platform)
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To: restornu; EternalVigilance

EternalVigilance, the man that FR liberals love to hate.


32 posted on 08/18/2007 7:59:31 AM PDT by ansel12 (Life is Exquisite, of Great Beauty Keenly Felt.)
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To: restornu
We are watching the Hate groups in Massachusetts

If I had the ban button, you'd be permanent toast for that post.

MassResistance is not a hate group. Such a claim could qualify you for membership in the Southern Poverty Law Center, who think anyone to the right of Al Gore belongs to a "hate" group, but in my opinion it makes you a very poor fit for FR.

Readers can look for themselves here to see if this simple compilation of press clippings about Romney's record qualifies it for a designation as a "hate group."

You're now practicing gutter politics of the worst sort, restornu, and you should be ashamed. Threatening people, and slandering them, makes you no better than Hillary Clinton and her worst enablers.

33 posted on 08/18/2007 7:59:59 AM PDT by EternalVigilance (States' rights don't trump God-given, unalienable rights...support the Reagan pro-life platform)
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To: #1CTYankee
Come'on, no one wants to be president more than Hillery, she would sell her soul. (Oh, she already did that)

So did Romney. He's much more accomplished than Hillary about actually advancing the most egregious parts of the radical Left's agenda.

Has Hillary ever enacted socialized medicine, complete with taxpayer-funded abortions? Mitt has.

Has Hillary implemented gay marriage? Mitt has.

Has Hillary ever signed a permanent "assault" weapons ban? Mitt has.

Has Hillary ever filled the public schools with the vilest homosexual propaganda? Mitt's agencies did, with his cooperation.

Mitt is Hillary, only slicker.

And he looks better in a suit...

34 posted on 08/18/2007 8:05:44 AM PDT by EternalVigilance (States' rights don't trump God-given, unalienable rights...support the Reagan pro-life platform)
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To: restornu
Much agreed with your assessment, restornu. After Mitt first announced, we received E-mails from a local conservative (about Mitt) who we met on previous occasions and whose brand of politics we had previously rejected. We were hopping mad after we read them, they were so negative, and dishonest, and sent a return E-mail telling them so. People like the author of that E-mail are on this forum. Such groups have mislead other conservatives and have hurt Governor Romney's bid for the presidency. However, it is still early and I am hopeful the undeserved harm they have caused him can be overcome.

While, unlike Liberals, I am not quick to push the bigotry button, it is still alive and well regarding some groups in the U.S., and among some groups and individuals in the U.S. It definitely exists here on FR and elsewhere regarding Mormons, and is most disturbing. There are those who oppose Mitt for legitimate reasons and those who oppose him just because he is a Mormon. The latter is truly incredible in 21st century America. Thankfully, I will never be among those despicable and disgraceful groups.

35 posted on 08/18/2007 8:08:31 AM PDT by TAdams8591 ( Guiliani is a Democrat in Republican drag. Mitt Romney for president in 2008! : ))
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To: EternalVigilance
"So did Romney. He's much more accomplished than Hillary about actually advancing the most egregious parts of the radical Left's agenda."

Romney is a real piece of work, the only thing is some here think we can trust him to go forward with his new agenda(s)

He has good hair, nice suits and is pandering to the right like he needs to get the nomination.

He won't be getting my vote.

BTW, what happened to old crusty anyway? ;-D

36 posted on 08/18/2007 8:12:41 AM PDT by #1CTYankee (That's right, I have no proof. So what of it??)
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To: restornu

That link leads to a blog whose sole purpose, it would seem, is to defend gay behavior and mock anyone and everyone who opposes it, especially in the public square and in public policy.

Though, at its heart, it’s little more than a thinly-disguised effort to attack Romney’s political opponents.

Is that what Mitt Romney has reduced you to defending?


37 posted on 08/18/2007 8:14:22 AM PDT by EternalVigilance (States' rights don't trump God-given, unalienable rights...support the Reagan pro-life platform)
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To: #1CTYankee

Standing in the corner of a closet in Kennebunkport or something. ;-)


38 posted on 08/18/2007 8:15:12 AM PDT by EternalVigilance (States' rights don't trump God-given, unalienable rights...support the Reagan pro-life platform)
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To: JMack
I think the best leaders are the reluctant ones.

Like Ross Perot?

There are no "reluctant" leaders. All have ego. Even the "saint" Jimmy Carter has an ego the size of a watermelon. This seems like more "Fred" adulation to me. "He really doesn't want it, but feels compelled". Give me a break!

39 posted on 08/18/2007 8:15:26 AM PDT by asparagus
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To: EternalVigilance

taxpayer funded abortions — we already have addressed that on another thread, which you refuse to respond to.

Implemented gay marriage? — what in the blazes are you talking about?

signed weapons ban? — oh yeah, when was that?

filled public schools with vilest homosexual propaganda? — again, what in the blazes are you talking about?


40 posted on 08/18/2007 8:16:36 AM PDT by Lovebloggers
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To: TAdams8591

I live in the Dallas/Ft Worth area and have to put up with that sycophant Mike Gallagher and his bigoted “questions”. Meanwhile, he sucks up to Fred as if it were the Second Coming.


41 posted on 08/18/2007 8:17:09 AM PDT by asparagus
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To: JMack
"If he gets elected, I’d expect the first four years to be spent like Clinton, immersed in polls, and feeling the wind. The second term is what is scary. Once he doesn’t need any more votes, I think he’d revert to his liberal roots, and make us long for the conservatism of Bush’s immigration proposal."

He didn't spend his governorship that way and thus it is unlikely he will spend a presidency that way.

As Ann Coulter said, Romney hoodwinked the Liberals in Mass. into voting for him. After all this hullabalooh, as president he will govern as both a social and fiscal conservative. Once Mitt turned right, he understood there was no turning back. It is highly doubtful during a second term he will make the same mistakes as President Bush, particularly if he is as concerned as you believe, with the polls.

42 posted on 08/18/2007 8:17:17 AM PDT by TAdams8591 ( Guiliani is a Democrat in Republican drag. Mitt Romney for president in 2008! : ))
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To: JMack
"If he gets elected, I’d expect the first four years to be spent like Clinton, immersed in polls, and feeling the wind. The second term is what is scary. Once he doesn’t need any more votes, I think he’d revert to his liberal roots, and make us long for the conservatism of Bush’s immigration proposal."

He didn't spend his governorship that way and thus it is unlikely he will spend a presidency that way.

As Ann Coulter said, Romney hoodwinked the Liberals in Mass. into voting for him. After all this hullabalooh, as president he will govern as both a social and fiscal conservative. Once Mitt turned right, he understood there was no turning back. It is highly doubtful during a second term he will make the same mistakes as President Bush, particularly if he is as concerned as you believe, with the polls.

43 posted on 08/18/2007 8:17:19 AM PDT by TAdams8591 ( Guiliani is a Democrat in Republican drag. Mitt Romney for president in 2008! : ))
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To: pacelvi
This is a meda hit against Republicans, as usual.

Liberals hate turncoats. They had Romney in their back pocket for decades. Of course they're not going cut him any slack. Why are you surprised?

44 posted on 08/18/2007 8:18:42 AM PDT by EternalVigilance (States' rights don't trump God-given, unalienable rights...support the Reagan pro-life platform)
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To: EternalVigilance

I find it curious those quotes do not offer any links to the source so the entire article can be read in context.


45 posted on 08/18/2007 8:22:11 AM PDT by Lovebloggers
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To: TAdams8591
"As Ann Coulter said, Romney hoodwinked the Liberals in Mass. into voting for him. After all this hullabalooh, as president he will govern as both a social and fiscal conservative."

So essentially what Ann and you are saying is Romney was a fake and now we should trust him?

I don't put my faith in liars or frauds no matter how well they dance.

46 posted on 08/18/2007 8:25:08 AM PDT by #1CTYankee (That's right, I have no proof. So what of it??)
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To: asparagus
Fred is a good candidate, but he's no more conservative than Mitt, and certainly is no second coming. Fortunately for Fred, he was Senator in a conservative state, and likely ran to the right of his opinions in order to capture that seat.

Unlike Fred, Mitt is no Washington insider and he made his money in private enterprise, not as a Washington lobbyist. Governor Romney has far more executive experience, and a creative mind full of ideas that would be good for Washington. The fact that he is even more articulate than the great communicator himself, Ronald Reagan is also a plus. Conservatives should encourage Mitt to use those abilities, to educate and advance the conservative ideology, as Reagan so enthusiastically did.

I am sorry to hear Mike Gallagher is for Fred. He's on late in my area. I'll have to listen and give him a call.

47 posted on 08/18/2007 8:30:18 AM PDT by TAdams8591 ( Guiliani is a Democrat in Republican drag. Mitt Romney for president in 2008! : ))
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To: #1CTYankee
No. Ann was saying Romney's the real thing who duped the Liberals.

Personally, I believe Romney should have run as a conservative, emphasizing some issues more important and particular to Mass. over others, rather than running as more of a Liberal. Perhaps people who say he couldn't have won the governorship in Mass. that way are correct, but I'm not inclined to agree with them. Now he's having a difficult time trying to prove to his base he's not one of them, but one of us. It is a lesson not only for Governor Romney but for us all.

I do believe Romney is doing all the right things to overcome it, and believe eventually he will.

48 posted on 08/18/2007 8:41:16 AM PDT by TAdams8591 ( Guiliani is a Democrat in Republican drag. Mitt Romney for president in 2008! : ))
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To: #1CTYankee
"Now he's having a difficult time trying to prove to his base he's not one of them, but one of us. It is a lesson not only for Governor Romney but for us all."

"Them" in the above sentence meaning LIBERALS.

49 posted on 08/18/2007 8:44:31 AM PDT by TAdams8591 ( Guiliani is a Democrat in Republican drag. Mitt Romney for president in 2008! : ))
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To: Lovebloggers
taxpayer funded abortions — we already have addressed that on another thread, which you refuse to respond to.

You're out of touch. I've posted the proof many times here, including yesterday. Go to the CommonwealthCare state website and you will see that it provides abortions. It's an indisputable fact.


Implemented gay marriage? — what in the blazes are you talking about?

He changed the marriage licences and told the justices of the peace they would be fired if they did not perform gay marriages...even though there is still, to this day, not a single law or constitutional provision that allows it, much less requires it.

As Judge Robert Bork said of the Goodridge decision that prompted Romney's perfidy, the whole thing was completely "...untethered to either the Massachusetts or United States Constitution."

And there is no doubt whatsoever that Mitt Romney used his exutive power to implement it.


signed weapons ban? — oh yeah, when was that?

July 08, 2004

"Deadly assault weapons have no place in Massachusetts. These guns are not made for recreation or self-defense. They are instruments of destruction with the sole purpose of hunting down and killing people." - Mitt Romney


filled public schools with vilest homosexual propaganda? — again, what in the blazes are you talking about?

Romney's Commission on Gay and Lesbian Youth used huge taxpayer funding to promote homosexuality in the public schools

Romney's Commission organized public gay "Youth Pride Day" parades and "transgender proms" which promote unhealthy and risky behavior

Romney issues a proclamation celebrating gay "Youth Pride Day"

Romney's Department of Education promotes the homosexual agenda

Romney's Department of Public Health (DPH) cooperates with the homosexual activist movement

Romney opposed federal legislation that would stop public schools from promoting homosexuality

Romney's Dept. of Social Services honors homosexual "married" couple as adoptive "Parents of the Year"

The Mitt Romney Deception
50 posted on 08/18/2007 8:47:55 AM PDT by EternalVigilance (States' rights don't trump God-given, unalienable rights...support the Reagan pro-life platform)
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