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Sev
07-11-2012, 02:39 PM
So why isnt Nancy investing in America?


http://dailycaller.com/2012/07/11/nancy-...tments-in-2011/ (http://dailycaller.com/2012/07/11/nancy-pelosi-made-between-1-5-million-on-asian-investments-in-2011/)
<span style="color: #000000">July 11, 2012
<span style='font-size: 23pt'>Nancy Pelosi made between $1-5 million on Asian investments in
</span>
On the heels of The Weekly Standard’s report yesterday that DNC chair Debbie Wasserman Schultz — a vocal critic of Mitt Romney‘s investing practices, had herself dabbled in the foreign markets — we can add Nancy Pelosi to the list of prominent Democrats to profit from overseas investments.

According to Pelosi’s 2011 financial disclosure statement, the Democratic House Minority Leader received between $1 million and $5 million in partnership income from ”Matthews International Capital Management LLC,” a group that emphasizes that it has a “A Singular Focus on Investing in Asia.” A quick trip to the company website reveals a featured post extolling the virtues of outsourcing.

“Designed in California, Made in Manila” sounds like an excellent title for a smear ad to be run the by the Barack Obama campaign. Instead, it appears to be Nancy Pelosi’s investment strategy.

Pelosi is also a small investor in the embattled “Moduslink Global,” one of the “outsourcing pioneers” that Mitt Romney has been criticized for associating with while at Bain Capital.

It’s not surprising that a wealthy politician would invest globally (nor should it be considered problematic). This is interesting because of the attacks on Mitt Romney’s investments — because Obama purportedly believes in the virtues of “insourcing” and anti-globalization. (Obama appears to be running on a protectionist platform that went out of style with Canadian tuxedos)

Obama sure can preach the economic nationalism, but it doesn’t appear his fellow leaders and surrogates are buying the message.

If they aren’t, why should other Americans?
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LWW
07-11-2012, 02:49 PM
Just because the evidence proves that she invested in outsourcing US jobs doesn't mean that she invested in outsourcing US jobs!

Soflasnapper
07-12-2012, 10:16 AM
Yes, and she was the principle, the 100% owner, the CEO and founding member, of this investment vehicle, and the CREATOR of that strategy for this investment vehicle.

Oh, wait, that's not true! I was thinking of Romney, sorry!

Soflasnapper
07-12-2012, 06:03 PM
If the SuperPACs decide to make this a big deal, it will reach the average American.

If not, they will never hear of it.

It's an easy mistake to think all of America follows the daily <s>smears</s> er, news, I mean, of course.

But they really do not.

So talk amongst yourselves some more. The knowing, wry chuckles. Wink wink, nudge nudge. Sound and fury signifying nothing.

LWW
07-13-2012, 05:33 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Soflasnapper</div><div class="ubbcode-body">Yes, and she was the principle, the 100% owner, the CEO and founding member, of this investment vehicle, and the CREATOR of that strategy for this investment vehicle.</div></div>

Oh no, she's nowhere near that smart.

She's simply a demokrook hypocrite wanting profit from Chinese labor at the expense of the US workforce.

But, since she has the golden (D) following her name ... you will obediently defend her actions.

Soflasnapper
07-13-2012, 10:41 AM
She's married to a very rich guy, and this is his investment, most likely.

LWW
07-14-2012, 04:44 AM
O your point is that Miss Nancy is a good wife that does what her husband says and wouldn't she where she is without him?

You are worsening your position by blind obedience.

Qtec
07-14-2012, 05:36 AM
Its pathetic. Just another false argument.

Nobody is criticizing Mitt for his investments. When it comes to Bain, its his claims of being a job creator that are being called into question. He is trying to present himself as a benefactor who cares about the average guy and worked to create jobs but when he took over a company and fired people who had worked there for 30 yrs or more, he did it for profit. He didn't give a rats a$$ what happened to them or what effect this would have on their lives. [Reduced pension, no HC, threat of foreclosure etc, etc.]

Reid came out with a good one today.

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Senate Majority Leader Harry Reid yesterday asserted on the Senate floor that<u> Mitt Romney paid no taxes at all</u> for years:

"His father, George Romney, set the precedent that people running for president would file their tax returns, let everybody look at them. But Mitt Romney can’t do that because he’s basically paid no taxes in the prior 12 years."

Maybe Harry Reid knows something we don't. Maybe he's shooting from the hip without knowing all the facts. </div></div>

It doesn't matter. Harry has called Mitt out. Its game ,set and match. The only way out for Mitt is to release his tax returns which we know he won't do.

It would probably show Harry was right.

Q

LWW
07-14-2012, 07:21 AM
Do you know what venture capital even means?

DiabloViejo
07-14-2012, 07:53 AM
Please explain what venture capitalmeven is. /forums/images/%%GRAEMLIN_URL%%/grin.gif

LWW
07-14-2012, 09:19 AM
I would if I thought there was any chance either of you would pay attention.

Soflasnapper
07-14-2012, 11:26 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: LWW</div><div class="ubbcode-body">O your point is that Miss Nancy is a good wife that does what her husband says and wouldn't she where she is without him?

You are worsening your position by blind obedience. </div></div>

My point is that she files her husband's financial positions along with her own as part of her disclosures required under law (as Mitt should have done for his wife's blind trust holdings he put his own company holdings into (but did not, while governor, dodging that by the very day before taking office making that transfer), and as Clarence Thomas should have for his wife's more than $1 million in outside earnings).

She has no source of large wealth (on a Congressional pay scale for decades), but for her husband's wealth and earnings.

I'm asserting that this investment is not 'hers,' but either his, or theirs jointly (from his money).

Sev
07-14-2012, 04:12 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Soflasnapper</div><div class="ubbcode-body">She's married to a very rich guy, and this is his investment, most likely.

</div></div>

Oh so she's a gold digger. Who would have thought it?

eg8r
07-14-2012, 04:54 PM
And according to Sofia not smart enough to make her own investments.

Soflasnapper
07-14-2012, 05:16 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Sev</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Soflasnapper</div><div class="ubbcode-body">She's married to a very rich guy, and this is his investment, most likely.

</div></div>

Oh so she's a gold digger. Who would have thought it? </div></div>

If she is, so is Anne Romney. Personally, I think neither are/were.

Soflasnapper
07-14-2012, 05:17 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: eg8r</div><div class="ubbcode-body">And according to Sofia not smart enough to make her own investments. </div></div>

Just a flat out lie, of course.

Or a joke? Certainly not anything close to true, in any case.

LWW
07-15-2012, 05:00 AM
Really:

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">#391394 - 07/14/12 01:26 PM Re: Pelosi made $1-5 million on Asian investments. [Re: LWW]
Soflasnapper
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Registered: 03/19/08
Posts: 6441
Loc: South Florida
*Originally Posted By: LWW
O your point is that Miss Nancy is a good wife that does what her husband says and wouldn't she where she is without him?

You are worsening your position by blind obedience.


My point is that she files her husband's financial positions along with her own as part of her disclosures required under law (as Mitt should have done for his wife's blind trust holdings he put his own company holdings into (but did not, while governor, dodging that by the very day before taking office making that transfer), and as Clarence Thomas should have for his wife's more than $1 million in outside earnings).

She has no source of large wealth (on a Congressional pay scale for decades), but for her husband's wealth and earnings.

I'm asserting that this investment is not 'hers,' but either his, or theirs jointly (from his money).
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Soflasnapper
07-15-2012, 12:26 PM
???? And?

It's pretty simple, really.

How much money would one need to have out in investments to get a return (make money) in the $1 - $5 million dollar range? (at least 8 figures, no less than $10 million, probably $20 million).

Is it possible to amass that much money, as would be required, earning a salary in Congress?

Please show your math, using after-tax dollars. (Answer is no.)