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Is There a Conflict

Posted by labrea 7NYC (My Page) on
Mon, Jul 2, 12 at 18:59

Is there anything amiss in investing in a company that deals with medical waste including aborted fetal material & fetuses if your own particular morals are against abortion.
Would it be wrong to own a bar if you believe drinking alcohol is a sin/abomination.

Earlier this year, Mitt Romney nearly landed in a politically perilous controversy when the Huffington Post reported that in 1999 the GOP presidential candidate had been part of an investment group that invested $75 million in Stericycle, a medical-waste disposal firm that has been attacked by anti-abortion groups for disposing aborted fetuses collected from family planning clinics. Coming during the heat of the GOP primaries, as Romney tried to sell South Carolina Republicans on his pro-life bona fides, the revelation had the potential to damage the candidate's reputation among values voters already suspicious of his shifting position on abortion.

But Bain Capital, the private equity firm Romney founded, tamped down the controversy. The company said Romney left the firm in February 1999 to run the troubled 2002 Winter Olympics in Salt Lake City and likely had nothing to with the deal. The matter never became a campaign issue. But documents filed by Bain and Stericycle with the Securities and Exchange Commission�and obtained by Mother Jones�list Romney as an active participant in the investment. And this deal helped Stericycle, a company with a poor safety record, grow, while yielding tens of millions of dollars in profits for Romney and his partners. The documents�one of which was signed by Romney�also contradict the official account of Romney's exit from Bain.

Spin on it?

The document also states that Romney "may be deemed to share voting and dispositive power with respect to" 2,116,588 shares of common stock in Stericycle "in his capacity as sole shareholder" of the Bain entities that invested in the company. That was about 11 percent of the outstanding shares of common stock. (The whole $75 million investment won Bain, Romney, and their partners 22.64 percent of the firm's stock the largest bloc among the firm's owners.) The original copy of the filing was signed by Romney.

OPPPS!

Here is a link that might be useful: MUTHA


Follow-Up Postings:

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RE: Is There a Conflict

I suppose he could get out of it by claiming to have personally baptized all those aborted fetuses or potential Mormons


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RE: Is There a Conflict

  • Posted by ohiomom 3rdrockfromthesun (My Page) on
    Mon, Jul 2, 12 at 19:10

"sit and spin"


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RE: Is There a Conflict

Yes, I think it would be hypocritical, but all politicians are liars and hypocrites. The bottom line, though, is we only have two choices here.


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Well he slipped out of that snare, noose, lasso previously he can't very well say oh well it was an oversight I sign lots of papers worth millions without paying attention.
He could flip back to his old evolved, devolved position depending on the side of the stirrups your on.
Or he could simply bluster & say what difference does it make I wasn't involved with the procedure or the choice I was only making a buck cleaning up the mess left by it all.
I think I would go with that one! Were I him eeeeccch!


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The bottom line, though, is we only have two choices here.

And one is a Muslim socialist born in Kenya.


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Maybe he can claim it was before that "epiphany" he claims to have had.

You know, the one that turned him from a moderate with some bits of borderline liberal in him to that "new born again" conservative.
That "born again conservative" that was supposed to be there all along?

Then again, there are those voters, as evidenced by some posters her on HT, that it really doesn't matter what Romney says or does, did or didn't do, believes or doesn't believe.

As long as he isn't Obama, they are happy to vote for him. Anyone as long as it isn't Obama.

Remember, that "circus, dog and pony show" the Republicans subjected the voting public to? Yup, that one with 9 candidates?

As long as any one of them wasn't Obama, didn't matter who really won the nomination, they would vote for that winner.

Hopefully there are enough voters that are smart enough to stay clear of a Romney win for president.


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RE: Is There a Conflict

NIV, if you're alluding to the fact that I said that, you definitely have me confused with someone else.


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Well like most things that cause trouble it's the lie told about it.
Good investigative reporting! Good work!
When the spin is in who will be the first to type it here.


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RE: Is There a Conflict

I'm going to jump right in.
I don't know for sure if he did...if he didn't . If he was involved or not. Investors don't always know what is in the waste basket.
If he was with Bain in 1999 or 2001 or 2003.
Each person is going to believe what they want it to be.
That was then and this is now.
He is no more or no less of a flip flop than Obama.

The Democrat Obama is carrying and dragging his baggage also. I don't think the libs ever questioned Obamas baggage.

I believe Mitt Romney is a better human being in every instance than Obama.
I will vote for Romney.
He may not win but if he doesn't , I won't have it on my heart that I didn't try to help put him in the WH.


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RE: Is There a Conflict

"I believe Mitt Romney is a better human being in every instance than Obama. "

What makes the President a bad human being? Or worse than Romney?


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RE: Is There a Conflict

"I believe Mitt Romney is a better human being in every instance than Obama. "

What makes the President a bad human being? Or worse than Romney?


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RE: Is There a Conflict

  • Posted by vgkg 7-Va Tidewater (My Page) on
    Mon, Jul 2, 12 at 23:04

What's this? Romney was lying during his first run for prez? Whoda guessed?

So Romney is pro-choice when it's pro-profitable, A true businessman at heart who would surely give us the business....for a profit.


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RE: Is There a Conflict

frank...my opinion of Obama comes from his track record.
It doesn't matter what I think about him...he is of no importance to me .

I could list 1-50 all his shortcomings in my point of view and you or another would list 1-50 attributes in his favor......from your point of view.

If I thought he would be a better President in the next 4 years I would vote for him.

His track record stinks, in my view.

I didn't say Obama is a bad human being. I said Romney is
a better person in every respect than Obama and my reasons for thinking that are personal.
I don't know if Obama is a "bad human being " or not.
If he is re-elected, I guess we will all find out his true colors won't we?


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RE: Is There a Conflict

" I said Romney is
a better person in every respect than Obama and my reasons for thinking that are personal."

How is he a better person? Just explain that. If your reasons are personal, why would you bring it up on a message board? My guess is that you don't have any reasons. It was just a grand statement that you can't back up. If not, name 5 of the 50 shortcomings that make Romney a better person.


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Since I don't think any of us are virtual members all our reasons would be personal?
Its of no interest to me if anyone like anyone or not the topic is not about likability.


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RE: Is There a Conflict

  • Posted by batya Israel north 8-9-10 (My Page) on
    Tue, Jul 3, 12 at 9:55

"all politicians are liars and hypocrites."

I have a real problem with this. NO, they're not all liars and hypocrites. If you believe this, please be true to your self and stay out of the voting booth. If one believes this, one is a liar and a hypocrite for participating in the process. I personally believe that there are many unsung, good people in the democratic process of government, on the local, state and federal levels, and make it my task to find out who they are and support them, on both sides of the aisle.

Vote for whomever you wish, houseful, but bottom line, this kind of attitude on the part of the citizenry poisons the whole shebang. And no cries of "they poisoned it first!", as that is silly. There are good, and dare I say, honest people working every day, and your comment is slap in the face to all of them, and to the citizens of this here democracy. Like cops, lawyers and yes, politicians, we rarely hear about the good ones, and never have a good word to say unless we need one to help us out of a mess.
This is a peeve of mine. I cringe every time I hear it, and where I live, I hear it daily. I've learned to keep my mouth shut here (mostly), but this type of blanket statement on HT puts my back up.


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Obviously Romney has no problem profiting from the outcome of abortion no matter how he feels about the procedure itself. It's all about the money for him.


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Gee, when do you think the teaparty rank and file will finally wake up to the fact that they're just being used and manipulated by people that will throw them under the bus at the first opportunity?


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The system is corrupted by the need for larger and larger campaign chests requiring constant fund-raising and bowing and scraping before lobbyists and large donors carry that kind of money. I've been disappointed often enought by very good and honest politicians whose rise to prominence meant selling out principles to Party and political donors and special interests funding their campaigns.


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RE: Is There a Conflict

Oh I am so surprised that Romney is against abortion but if there is money to be had.....There is no conflict.

batya, I do not know how honest your politicians are but our elected politicians are full of lies. They cannot get elected telling the truth. Not their fault it is the people's fault. That is who I think are liars.

They vote for the biggest liar and they know they are being lied to but they want to hear the lie so they encourage the lie by voting for them time and time again.

That is a lot of lies and liars. lol

You only have to look at the Health Care issue. Who in their right mind would not want Affordable Health Care. The lie is so obvious but you have the support of that lie being said over and over. The biggest lie...."There will not be enough Doctors" Who thinks they are going to quit being doctors because more people have health care? But it is a lie the people support.


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RE: Is There a Conflict

You and me both Marshall.

The system is set up for an honest politician to fail in his quest to remain honest .

If all that money was spent on programs for the needy, imagine the good it could bring!

There has to be a better way, the entire campaign issue needs to be completely overhauled with strict and minimal spending allotments attached to each person. It has become grotesque, what has to be spent in order to win an election.

It is grotesque that all candidates end up being bought off by corporations,too.


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RE: Is There a Conflict

  • Posted by batya Israel north 8-9-10 (My Page) on
    Tue, Jul 3, 12 at 13:13

Oh, honey if you want to meet a bad bunch of leaders, come on over. "My" politicians pull stuff "yours" haven't even thought of yet. That's not my point. My point is that the concept of They are all scum makes for a self-fulfilling- prophesy type of government.
And "they" are not all to be painted with the same brush. The good and honest cops, lawyers and politicians never get thier horns tooted, as it were, because no one believes they exist. Believe they exist, and you'd be surprised how many there are,. I'm aware that many think the same about other fantastical creatures, but I'll bet my bottom dollar that there are more than you think. Convincing them to join the top-dog race, however, winnows them down to those who can stomach all the lies, so it's a self-fulfilling population.
I agree with you - Who in their right mind would not want Affordable Health Care. Totally. The stuff people swallow. Like I said, you should get a load of what's being peddled here and what people swallow that has nothing to do with reality. But 'nuff, said, I'm gonna go watch the news!!! (And I'm too excited about EDD to be upset about anything)


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frank...My observation of Obama and Mitt Romney is of personal nature not as leaders for #1.
Obama ran for President strictly for his personal gain.
He had no track record of any accompolishments humanitarian wise, period.

He donated his time to no where and to nothing.
His whole life...what little we know of it...has always been about him. He wouldn't even stand up and vote most times in the Senate. One mustn't leave a trail of clues about ones opinion and stance on issues that might come back and bite you on the butt apparently.

I could list many characteristics that are troubling to me regarding Obama . Evidently depth of character means little to some when voting for a candidate or one would dig deeper into back grounds so one would not get surprises when one finds their elected candidate has little character.

I usually am more interested in WHO a candidate is and how they tick first and foremost before I form an opinion on their leadership qualifications.


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RE: Is There a Conflict

citywoman you should take that act on the road. I did laugh. I am sure you could be Sarah Palins opening act. She does not read newspapers and can see Russia from her window.

I will let frank respond since it was his question but had to say your answer was interesting humorous, but interesting. Very telling.


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RE: Is There a Conflict

  • Posted by ohiomom 3rdrockfromthesun (My Page) on
    Tue, Jul 3, 12 at 16:43

....and of course Romney is running for humanitarian reasons.

Down the rabbit hole.


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His whole life...what little we know of it...

Very funny.


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Maybe CW IS Sarah Palin..Ever think about it?


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I suppose that the Presidents time working as a community organizer in Chicago, instead of making big bucks as a lawyer, was all about him. As far as not knowing anything about his life....I'm guessing that Houseful has not read the President's autobiography, doesn't want to read it and wouldn't believe it even she did read it !!!


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RE: Is There a Conflict

  • Posted by ohiomom 3rdrockfromthesun (My Page) on
    Tue, Jul 3, 12 at 17:26

...and I suppose Romney's time at the head of Bain Capital outsourcing American jobs to SEAsia leaving Americans unemployed is something to celebrate. Not to mention off-shoring his monies to avoid paying taxes.

What's not to love ?


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Hey, I don't think you can find anything more altruistic, patriotic, and self-efacing than setting up wholly owned, multi-million dollar limited partnerships in the Caymans.

"Sankaty High Yield Asset Investors Ltd in 2012!!!"


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Gee the tone shift is astounding we go from a politicians previous evasion or lie to likeability what a hoot.


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So Romney lied? In other news, the grass is green.

Is there a conflict you asked. Not really. It's just them "values" again. Bigotry and greed go hand in hand.


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Even if you invest in a medical waste corporation that handles such medical waste from abortion clinics, you're a hypocrite for claiming "pro-life".

That's the most ignorant, despicable thing I've heard about Romney yet...

If you're going to claim pro-life, wouldn't it be crucial that you know where your investment money is going, and where that profit is coming in from? Or doesn't that matter in the land of "do as I say, not as I do - because money is all that matters"?


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One mustn't leave a trail of clues about ones opinion and stance on issues that might come back and bite you on the butt apparently. Unlike Romney who takes BOTH sides of every issue.


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well particularly since he was cleared of it when it was brought up in the South Carolina primaries & then brushed under the rug with "oh no he wasn't connected to that & wasn't involved in the company"


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