alecto wrote:So let me get this straight. Romney owns stock in Sensata but doesn't own a majority stake so he has no decision making authority on company operations. Bain who owns the company has decided to move operations overseas but for some reason Romney is responsible even though Romney has no decision making authority on Bains operations. Romney has not been active with Bain in over a decade but he is responsible for Bains decision. But wait Romney transferred some stock to a charitable organization. I guess now it is evil to have investments.
You don't see people crucifying former Microsoft CEO Bill Gates who stepped down in 2000 because Microsoft sent jobs over seas in 2010. Where is the outrage over Apple moving ALL of their manufacturing to China?
Here is a list of companies who have sent jobs overseas.
http://www.cnn.com/CNN/Programs/lou.dobbs.tonight/popups/exporting.america/frameset.exclude.html
This clearly shows the desperation from the liberals and the very delusional among us. You really can't help but to laugh at the depravity by some who would even see this as an issue. A truly pathetic rant from the meager minded.
alecto, if it wasnt apparent before. we are amongst some of the most brain washed people on the planet. its as if they are on some sort of drug.
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How come so many government pension funds are invested with Bain Capital? Is it because they are successful?
Government-worker pension funds are the chief beneficiaries of Bain’s economic stewardship. New York-based Preqin uses public documents, news accounts and Freedom of Information requests to track private-equity holdings. Since 2000, Preqin reports, the following funds have entrusted some $1.56 billion to Bain:
* Illinois Municipal Retirement Fund ($2.2 million)
* Indiana Public Retirement System ($39.3 million)
* Iowa Public Employees’ Retirement System ($177.1 million)
* The Los Angeles Fire and Police Pension System ($19.5 million)
* Maryland State Retirement and Pension System ($117.5 million)
* Public Employees’ Retirement System of Nevada ($20.3 million)
* State Teachers Retirement System of Ohio ($767.3 million)
* Pennsylvania State Employees’ Retirement System ($231.5 million)
* Employees’ Retirement System of Rhode Island ($25 million)
* San Diego County Employees Retirement Association ($23.5 million)
* Teacher Retirement System of Texas ($122.5 million)
* Tennessee Consolidated Retirement System ($15 million)
Theres more. These people want to make Bain out to be a boogieman lol
what they need to do now is boycot Bain and make sure thier retirements are not invested in them LOL I dare them to be so bold.