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Mitt Romney Invested Millions in Chinese Company That Benefited From US Outsourcing

US Politics & Gov't  (tags: politics, Romney, outsourcing of jobs, LIAR, LIAR PANTS ON FIRE! )

- 2148 days ago -
Mitt Romney, who claims President Obama is lying about his outsourcing record, seems to have forgotten one itsy-bitsy detail, he invested millions according to Mother Jones, in a Chinese company that profited nicely from U.S. outsourcing

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Maggie S (40)
Sunday August 5, 2012, 2:32 pm
Anybody shocked? The lies keep piling up - there is so much evidence and so much more coming out that support the outsourcing. AND his ads on TV? Now there are lies - Obama's new ad has been vetted and fact checked, and, is has been given the 100 percent true endorsement. Romney, you are going down! Wish it would hurry up and get here! This is sort of what happened to McCain - just let him go and he will dig his own hole. Romney is digging hard and fast.

Laura H (964)
Sunday August 5, 2012, 6:15 pm
Mittens is nothing but a puppet for Rove and the Koch brothers!!!!

Rose Becke (141)
Sunday August 5, 2012, 11:04 pm
what an ASS

Terry V (30)
Monday August 6, 2012, 6:29 am
PLEASE do NOT insult Pinocchio :>:

Joe R (190)
Monday August 6, 2012, 7:08 am
The man has no shame! Thanks Jae.

Karen Martinez (17)
Monday August 6, 2012, 7:50 am
And a whole bunch of folks are going to vote for this guy. Scary!

Monday August 6, 2012, 7:55 am
Great find, Jae.

pam w (139)
Monday August 6, 2012, 8:15 am
THIS should be front-page news!

Nancy L (141)
Monday August 6, 2012, 9:22 am
Anyone who has a retirement account invests in many companies that do things they don't agree with. This is such a non issue. You will have to do better than this.

Sheryl G (360)
Monday August 6, 2012, 9:23 am
Rachel Maddow has been bringing this information forward as well. We can thank Mother Jones who for years was one of the few true investiagtive journalism going on. Before the internet I use to get their magazine and really did learn so much from them that one never got in the standard newspapers or mainstream TV channels.

Mitt Romney is painting himself in a corner, he has had his way all his life and wants to still have it now. I'm so tired of people voting for liars such as he just because he represents a particular party. Is good to see the Democrats finally getting some fight behind them and standing up, now they too need to clean up their house.

I'm still not at all thrilled with some of their actions, voting in NDAA and Clintons removal of the Glass-Steagall among other things. Too many Democrats forgetting what they stood for. So I've been disgusted with both parties for awhile now, but one Party gives me some hope they'll get back on track.

The Republicans with their back to the cave policies of recent years, and their terrible polices going back to Reagan, their King, has left me cold. But this past few years selections of who they want to represent them is down at the bottom of the barrel, Palin and Romney, really? Republicans this is your best?

I'd like to see those 23 years of taxes of Romney's that he showed to the McCain camp when he was a contender for VP. There was a reason Sarah Palin was selected over Romney, but now that Romney is running for President he just says, I don't have to prove anything, just vote me in, Trust Me. I speak with a forked tongue on just about every subject, but Trust Me.

Romney was the ONLY executive, the ONLY MEMBER of the Board of directors, and the ONLY shareholder of Bain Capital. Yet on one hand he claims he resided in one place to qualify to become Candidate to run for the Massachusetts Governor, then he resided at the same time in another State for tax write off's.

He said he didn't work for Bain during certain years, but documents prove he was getting $100,000 a year to be executive, on the board, so on and so forth. He claims he got that money for doing nothing, nice huh.....hey, anyone out there willing to pay me for doing nothing.....I want $100,000 salary for doing, nothing. I'll keep you all posted if someone gives me that position.

IRAs were designed as a tax-free way for Middle Class Americans to plan for their retirement. The ANNUAL CONTRIBUTION LIMIT is $6,000 — but Mitt Romney managed to to build his IRA into a $100+ million treasure chest. If the annual contribution limit is $6,000 then it would take him over 16,000 years to build his IRA to a million dollars (if he followed the rules). Mitt refuses to show us his tax returns. He won't explain how he contributed so much to his IRA.

Yes, lots of Etch-A-Sketching, retroactive clean up going on, magic tricks....look that way while I perform another lie for you. Come on American people, if you don't like the Democrats or Obama, my goodness at least don't vote in Romney who is far worse. He is the worse of two evils. There are other parties out there. I'd rather give my vote to someone else if you truly can't see it in your heart to vote for Obama, but don't slice your throat and mine by believing in this liar named Romney and giving him a vote.

Do you really want a proven liar in Office? He won't release his tax forms as he can't he doesn't want you to see that it would be more damaging to release them then just people speculating on the taxes. For now he can just do a dance around it, Trust Me, I paid the taxes I owed, I've done nothing wrong, Trust me, when their is already the paper trail that proves otherwise.

If he truly had a squeaky clean tax record he'd release them and get it behind him so he could run on the issues he believes in. I know I would, I'd say, here, here are my taxes, now let us move on so I can speak on topic of what I really want to say. But he isn't, so leads me to think there is cover up of things more damaging if he releases them. I hope the IRS is checking into things.


. (0)
Monday August 6, 2012, 9:24 am
Obama's 2009 economic stimulus spending law- the American Recovery Act - gave millions of federal dollars to foreign companies, or funded domestic companies that built factories in foreign countries or bought foreign products.
Out of this he gave 91 million to Eurus - a Japanese wind energy firm. Obama also gave a 500 million dollar loan to Finnish Automkaker, Fiske Automotive.
To top it off, 1.9 million fewer Americans have jobs today that when Obama signed the stimulus law.
I like to keep records of these stats; you never know when they are going to come in handy.
Yes Maggie, Obama is lying about his outsourcing record...

JL A (281)
Monday August 6, 2012, 9:33 am
so despite his talk on China his personal actions are designed to enhance China's economy at the expense of the US economy?

Arielle S (313)
Monday August 6, 2012, 9:35 am
Nice to see you, Jae, and Dandelion, great post - if I got that job, I'd be happy to share it with you and then we'd each have $50,000 for doing nothing. Or does that mean we'd have to learn to lie and manipulate and stick our tongue in our cheek as we said, "trust me"?

Lynn Squance (235)
Monday August 6, 2012, 11:16 am
Nan L --- "Anyone who has a retirement account invests in many companies that do things they don't agree with. This is such a non issue...."

This is NOT a non issue. With limited contribution room, having a $100 million IRA account is extremely unlikely unless rules are being stretched and distorted.

And more than just the money, this goes to trust and accountability fo which there is none when it comes to Rmoney.

Vote Democratic 2012!!!!! Vote Obama/Biden 2012!!!!!

jan b (5)
Monday August 6, 2012, 11:24 am
Romney lies cause he knows his base won't check it out.....if they like what he says they'll accept it without question. Its a win-win for him. Then if someone does point out his lie.....his base will say the one pointing the fingers is lying....arguing with a conservative is a waste of time.

jan b (5)
Monday August 6, 2012, 11:30 am
Republicans LOVED the stimulus when GW Bushwas in the White House. President George W. Bush, surrounded by members of Congress, signs the Economic Stimulus Act of 2008, Wednesday, February 13, 2008.
Now Obama is blamed cause the corporation who have no conscience spent some of the money where it shouldn't have been spent. ???? That's CRAZY.
Economists do not deny that the first stimulus saved jobs.....teachers, fire fighters etc. but the stimulus didn't get the corporations to save jobs or stimulate the economy. In fact the GOVT had to bail out Wall Street to prevent another 1929 or global collapse.
Now republicans are saying GOVT shouldn't step in to boost the economy ....but then WHO WILL ?? We have the lowest tax rates in decades and that didn't "jump start the economy " either it just added to our debts. The too low interest rates for too long created a credit based economy that created a big mess. and just added to our personal and national debts.

Lynne Buckley (0)
Monday August 6, 2012, 12:27 pm
Romney iwas only interested in making money. Outsourcing was cheaper than using American labour. He won't change from that kind of behaviour if he becomes president. He likes to fire people. His rich cronies like to do the same thing. He'll stamp on middle class and poorer Americans for his cronies.

MaryBeth M (5)
Monday August 6, 2012, 12:58 pm
I'm waiting for his pants to burst into flame. Now that will be a Kodak moment.

Gloria H (88)
Monday August 6, 2012, 1:06 pm
Temple garments don't catch on fire.

Dotti L (85)
Monday August 6, 2012, 1:30 pm
Great article and good to see you, Jae.

Debra Van Way (12)
Monday August 6, 2012, 1:44 pm
Sigh......I hate politicians.

. (0)
Monday August 6, 2012, 2:13 pm
An interesting read, thanks for posting

Past Member (0)
Monday August 6, 2012, 2:35 pm
Obama's jobs advisor the head of NBC and GE moved all their solar panel operation to China while supposed to be figuring out ways to create jobs here in United States. Kinda ironic isn't it?

David C (129)
Monday August 6, 2012, 2:43 pm
glad to see you back, Jae....Mitt is awful liar and doesn't care about US jobs.....

Past Member (0)
Monday August 6, 2012, 2:46 pm
Thanks Jae.

Louise D (44)
Monday August 6, 2012, 3:09 pm
This is no surprise and it won't be a surprise when more things come up about Mittens, it is shocking how low politics has gone when a man who lacks the basic manners to be polite to people in their own country can buy himself a presidency.

Kit B (276)
Monday August 6, 2012, 3:15 pm

This must be a joke, Willard gain from outsourcing? Oh say it isn't so! Okay, we all know that Mittens was one of the first to do the deed, and then he has the off-shore accounts that invest NOT in American companies but in foreign companies. What a guy! Pinocchio and Pants on fire.

Michael T (82)
Monday August 6, 2012, 3:16 pm
Pam, I think it is front page in the Arts and Entertainment section where people think it is just a cartoon not worthy of their attention. Considering that there are 5 giants who control what is considered news and how it is reported is another reason why.

Don't vote for Mitt-stake.

Past Member (0)
Monday August 6, 2012, 3:35 pm
Could Murdoch have given us any better republican candidate than this greedy bastard, that surely every middle american loathes?


Dianna M (16)
Monday August 6, 2012, 4:15 pm
"And a whole bunch of folks are going to vote for this guy. Scary! "

I know something even scarier--THEY'RE GIVING HIM MONEY!!

Robert O (12)
Monday August 6, 2012, 5:03 pm
Thanks Jae.

Diana Bair (7)
Monday August 6, 2012, 5:04 pm
And to think there are people dumb enough to vote for this person!!!!!!!!. Republicians will turn this country into a communist country,.......take away the minimun wage, take away labor unions so workers will have no help or protection!!!!!!. no child labor laws to protect our.........CHILDREN!!!!!!!!. No health or safety rules. yes they have out sourced AMERICIAN JOBS so corporations/rich will not have to pay....US. TODAYS republicians go hand in hand with communism, I told you this is NEW BREED of republician, not the republician our parents/grand parents voted for. this new breed gop is..........DANGEROUS!!!!!!!. Diana.

Michael T (82)
Monday August 6, 2012, 5:48 pm
The thing that makes me crazy thinking about this is that it doesn't make sense. Am I missing something? Robert O I recognize your understanding of this matter. Ridding the country, the world if you will of a class of people who make sufficient income to be able to purchase what these corporate masters produce in terms of products and services means their own wealth will decline, the markets they count upon for their greed for higher profits will decline. Do they really not see this? Is that really possible? And if they do see it, what end could they possibly be trying to achieve in causing it? It is a circle that I cannot square.

Wayne W (12)
Monday August 6, 2012, 8:35 pm
Allan, wow! Do we really have to keep doing this? After the first 1000 times your nonsense was disproven, it started to get a little tedious.

TV ad claims stimulus ships tax dollars overseas
We’ve checked three claims from the ad, finding them Mostly False, False and Pants on Fire. But to really appreciate the sleight-of-hand, let's take a look at the ad line by line.

reft h (66)
Monday August 6, 2012, 10:14 pm
thanks for the post

Cristins Calloni (0)
Tuesday August 7, 2012, 12:28 am
Thanks for the post!!!

Lyta V (36)
Tuesday August 7, 2012, 10:51 am
Great article and thanks Wayne for actual facts. Most of which get ignored by those who are so blatantly brain washed it is a wonder how they function at all.

Michael T (82)
Tuesday August 7, 2012, 4:27 pm
As someone named Donna on another thread posted.

It's very simple. Voting is like driving a car. Select "D" to move forward; "R" to move backwards!


pam w (139)
Saturday August 11, 2012, 4:37 pm
Oh, no--this could NEVER happen because it would be against the interests and welfare of the US and Mittens would NEVER be so selfish as to help himself at the expense of others!

You know that, Jae!


Mary T (178)
Saturday August 11, 2012, 6:25 pm
Great article, Thanks Jae, I can not believe that there are some people that will vote for this crook.

Terrie Williams (798)
Sunday August 12, 2012, 9:31 am
Love the comments and all the articles to read for the know, those pesky little things that the GOP are allergic to. Not even gonna start because my BP has been dangerously high for the last week over this crap and the braindead (Mitt's minions) who cannot handle the truth and cannot comprehend what their voting for this creature will do to this country and to THEM as well. Besides, everyone here has said it better than I. Thanks, Jae.
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