Aa
Mitt Romney's Bain Capital tied to China surveillance camera push
http://www.msnbc.msn.com/id/46756531/ns/world_news-asia_pacific/
"As the Chinese government forges ahead on a multibillion-dollar effort to blanket the country with surveillance cameras, one American company stands to profit: Bain Capital, the private equity firm founded by Mitt Romney.....Mr. Romney has had no role in Bain’s operations since 1999 and had no say over the investment in China. But the fortunes of Bain and Mr. Romney are still closely tied.......Mr. Romney reported on his August disclosure forms that he and his wife earned a minimum of $5.6 million from Bain assets held in their blind trusts and retirement accounts. Bain employees and executives are also among the largest donors to his campaign, and their contributions accounted for 10 percent of the money received over the past year by Restore Our Future, the pro-Romney “super PAC.”.......Bain’s decision to enter China’s fast-growing surveillance industry raises questions about the direct role that American corporations play in outfitting authoritarian governments with technology that can be used to repress their own citizens.
It also comes at a delicate time for Mr. Romney, who has frequently called for a hard line against the Chinese government’s suppression of religious freedom and political dissent........."
"As the Chinese government forges ahead on a multibillion-dollar effort to blanket the country with surveillance cameras, one American company stands to profit: Bain Capital, the private equity firm founded by Mitt Romney.....Mr. Romney has had no role in Bain’s operations since 1999 and had no say over the investment in China. But the fortunes of Bain and Mr. Romney are still closely tied.......Mr. Romney reported on his August disclosure forms that he and his wife earned a minimum of $5.6 million from Bain assets held in their blind trusts and retirement accounts. Bain employees and executives are also among the largest donors to his campaign, and their contributions accounted for 10 percent of the money received over the past year by Restore Our Future, the pro-Romney “super PAC.”.......Bain’s decision to enter China’s fast-growing surveillance industry raises questions about the direct role that American corporations play in outfitting authoritarian governments with technology that can be used to repress their own citizens.
It also comes at a delicate time for Mr. Romney, who has frequently called for a hard line against the Chinese government’s suppression of religious freedom and political dissent........."
Next.....
We've already accepted that he's gotten where he is today by profiteering off other's misfortune. If you can rationalize the concept of a hedge fund you're halfway to accepting "Greed is good". If he can get people to accept profiteering by propping up authoritarian regimes that are basically at economic war with us .......
http://www.msnbc.msn.com/id/46715761
http://www.msnbc.msn.com/id/46715761
And he's profited from foreclosures too.
http://www.digitaljournal.com/article/318486
http://www.digitaljournal.com/article/318486
You must join this user group in order to participate in this discussion.
You are reading content posted in the Current Events . . . Group
A list of national and international resources and hotlines to help connect you to needed health and medical services.
Herpes sores blister, then burst, scab and heal.
Herpes spreads by oral, vaginal and anal sex.
STIs are the most common cause of genital sores.
Condoms are the most effective way to prevent HIV and STDs.
PrEP is used by people with high risk to prevent HIV infection.
