Mitt Romney owns stake in Chinese surveillance company

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  • 79Ute Orange County, CA
    March 18, 2012 10:07 p.m.

    That's the point, Delta Foxtrot, the world is too complex for us to be as simplistic as you suggest investors should be when something they own may tangentially involve an activity we don't approve. Universities, for example, make a big deal of not investing in companies that do something counter to the values of the university (for example, not investing in companies that did business with South Africa during the apartheid era). Most of them found it impossible to observe that policy except where the targeted company directly did something that constituted a human rights violation. They couldn't stop the distribution of products to South Africa by boycotting companies in the distribution chain. Criticizing Romney because the trustee of his blind trust invested in a mutual fund which owns stock in a company that makes equipment purchased by the Chinese government, among others, isn't going to stop Chinese government human rights violations. It's as silly as suggesting that we should boycott Canon because some of their products are purchased to film porn. You apparently missed the sarcasm.

  • Rifleman Salt Lake City, Utah
    March 18, 2012 8:26 p.m.

    Re: no fit in SG 1:23 p.m. March 18, 2012
    "If you have not figured it out already....Mitt Romney has money in virtually, everything!"

    Not a bad quality to have a US President who understands finances. Currently we're headed for bankruptcy and Romney has proven that he has what it takes to balance our federal budget.

  • no fit in SG St.George, Utah
    March 18, 2012 1:23 p.m.

    If you have not figured it out already....Mitt Romney has money in virtually, everything!

  • DeltaFoxtrot West Valley, UT
    March 18, 2012 11:46 a.m.

    @79Ute: Better throw away your cell phone then... *gasp* it has a camera built in!

  • 79Ute Orange County, CA
    March 18, 2012 11:33 a.m.

    Many American consumers, like you and me, are contributing to human rights abuses worldwide as we buy Apple and Nike products or anything else made in China, clothing sewn in Southeast Asia, gasoline refined from Middle East and Venezuelan oil, products with copper from Africa, etc. Let's have our government create a list of approved items to consume from approved companies that don't contribute to human rights abuses so we can have a clear conscience. I for one am going to stop supporting companies that make cameras because I can't in good conscience support the porn industry's use of cameras. Who will join the cause?

  • 79Ute Orange County, CA
    March 18, 2012 11:21 a.m.

    The lead sentence of the article is absurd. One could just as easily write that the USA is rapidly evolving into a "surveillance state" as we increasing see cameras at intersections, in government buildings, airports, and many other public places, and that anyone who owns a stake in the companies that produce the components of the monitoring equipment stands to gain from our country's "Orwellian buildup."

    He didn't "duck the question," as the "journalist" reports. His response was straight forward and clear: he hadn't read the article so he couldn't comment.

    How about an article like this: "Romney embarks on auto industry jobs creation program by purchasing two Cadillacs, a Mustang, and a truck, buying American cars when he could afford a Mercedes." Or, if you don't like him, "Romney fails in private construction industry job creation efforts by limiting his La Jolla home expansion to 7,000 square feet when he clearly could afford 14,000 square feet." Or "Romney contributes to Solyndra bankruptcy woes by not buying their solar panels for all his homes."

  • UtahBlueDevil Durham, NC
    March 18, 2012 7:59 a.m.

    I don't buy the whole "blind trust" argument, it is his money, he is responsible ultimately responsible for how it is used - period. At the same time, this is hardly a huge issue. Its security camera systems for crying out loud. These types of systems are deployed throughout the world. I am willing to be the big new fancy down town mall in Salt Lake uses one of these systems. So this is a BIG non-issue.

  • DeltaFoxtrot West Valley, UT
    March 17, 2012 11:44 p.m.

    This is why investors should always know where their money is going and what it is doing. Many American millionaires are unknowingly financing human rights abuses worldwide.

  • carman Wasatch Front, UT
    March 17, 2012 11:14 p.m.

    This is a hit job by the New York Times. By being blind, the Romney Trust is not controlled by Romney but by the trust's advisors. The New York Times probably knew before Mitt that the Trust owned part of this company. And it probably took them days to discover it. and that is with the Times likely intent to find something in the Trust that they could deem controversial. American politics hits new lows almost dily...

  • cavetroll SANDY, UT
    March 17, 2012 10:23 p.m.

    Well now that Mitt knows, he should have his trust administrator get rid of the stock. Being that he is a man of great moral character.

  • 3grandslams Iowa City, IA
    March 17, 2012 10:06 p.m.

    Hey, and just so you know, Romney pays his taxes too. Desperate article and accusation to hurt Romney. Blind means Romney had nothing to do with it.

  • GAmom Athens, GA
    March 17, 2012 8:11 p.m.

    Really!? This is so not an issue! Anyone who has ever had investments in mutual funds or trusts realizes that you don't know all the companies that fund is a part of. I have a few of these funds and everytime I sit down to review them it is a new list! I'm sure his opponents will really twist this around though.

  • Mick Murray, Utah
    March 17, 2012 7:24 p.m.


  • Darrel Eagle Mountain, UT
    March 17, 2012 6:34 p.m.

    While I have no intention of voting Republican this year when I read the sentence "The New York Times reported Thursday that a Romney family blind trust has between $100,000 and $250,000 invested in a Bain Capital fund that recently acquired Uniview Technologies, "

    Blind Trust... so really it's a non issue. With it being blind who cares?