Romney exposes Obama has same foriegn investments
Posted in the West Palm Beach Forum
Since: Jun 12
And the American Way
#1 Oct 17, 2012
Did you see the look on obamas face.
Mitt Romney tried to turn the tables on President Obama Tuesday night when, in response to criticism about his own foreign investments, the Republican nominee pointed out that Obama is investing abroad as well.
"Mr. President, have you looked at your pension?" Romney asked.
Obama dispatched the question with a quip: "I don't look at my pension, it's not as big as yours so it doesn't take as long."
The president's financial disclosure forms also show he has several Vanguard 500 Index Fund accounts, representing more indirect foreign investment. That mutual fund invests in a slew of companies with operations all over the world, including those with operations in China -- like Apple, General Electric and Wal-Mart.
Obama would hardly be alone in those kinds of investments. But Romney was trying, in their brief exchange, to take some of the sting out of the Obama campaign narrative against him -- by demonstrating how common it is for investments to draw on a global pool of companies.
Read more: http://www.foxnews.com/politics/2012/10/17/ro...
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