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Monday, October 22, 2012

Romney Says Obama Also Has Investments In Chinese Companies And Through A Cayman Islands Trust

One of the many tense moments in the second presidential debate turned on a new topic in the race: President Barack Obama’s pension account.

Here’s how it came up: Early in the face-off, Obama scoffed at Mitt Romney’s pledge to crack down on unfair trading practices by China, saying Romney is currently invested in companies "that are building surveillance equipment for China to spy on its own folks."

Romney later explained that, yes, he understands that his blind trust has invested in foreign firms, including companies in China. Then he confronted Obama.

Romney: "Mr. President, have you looked at your pension? Have you looked at your pension?"

Obama: "You know, I don’t look at my pension. It’s not as big as yours so it doesn’t take as long. I don’t check it that often."

Romney: "Let me give you some advice. Look at your pension. You also have investments in Chinese companies. You also have investments outside the United States. You also have investments through a Caymans trust."



Anonymous said...

Why stand there like a fool and argue with Obama about it.Just publish it.If it's true and if Romney has seen evidence of what he claims,he has seen proof.Put that evidence on the front page of the New York Times and let the chips fall where they may.

Anonymous said...

"Anonymous said...
Why stand there like a fool and argue with Obama about it"

Yeah~no sense in even attempting to argue anything concerning finances, investing, deficit, etc with Obama. It goes right over his head. Romney's got to realize he's not dealing with a hotshot CEO and it's obama who hasn't the faintest understanding of pensions and investments and how they work.
When Romney brought up Obama's pension Obama stood there like a doofus looking at Romney like he had 2 heads. A real life "duh" moment.