[quote name='dohdough']First, you said it was about personal mutual funds and now, you're shifting goal posts to making it about the auto bailout. "They both do it" is an insipid point when all three actions involve different levels and types of involvement.[/quote]
I think you're (intentionally) missing the point of Obama's attack ad. Romney's company invested in another company who made products overseas, therefore as President Romney would... ship jobs overseas? Enable others to do so more than Obama has?
Am I to accept this line of reasoning from a man who proudly takes credit for a government bailout of a company who has shifted most of their manufacturing and jobs overseas? And one who has his own money invested (indirectly) in companies who do the same?
[quote name='dohdough']It's simply a stupid point to be hung up on when they really don't have that much direct management over their personal finances. It's one thing to have a bunch of investment vehicles and another to purposely direct your disaster capital firm to directly invest in a specific manufacturer, which is my entire point. [/quote]
Obama was invested in two Vanguard funds before he was President. And this company in the ad is one of many of Bain Capital's investment vehicles. The ad in and of itself makes a stupid argument, if you have significant investments there is very little chance of not investing in a company who makes products overseas. As if that is wrong in and of itself.
Should liberals sell their Apple stock because their products are made overseas?
I think you're (intentionally) missing the point of Obama's attack ad. Romney's company invested in another company who made products overseas, therefore as President Romney would... ship jobs overseas? Enable others to do so more than Obama has?
Am I to accept this line of reasoning from a man who proudly takes credit for a government bailout of a company who has shifted most of their manufacturing and jobs overseas? And one who has his own money invested (indirectly) in companies who do the same?
[quote name='dohdough']It's simply a stupid point to be hung up on when they really don't have that much direct management over their personal finances. It's one thing to have a bunch of investment vehicles and another to purposely direct your disaster capital firm to directly invest in a specific manufacturer, which is my entire point. [/quote]
Obama was invested in two Vanguard funds before he was President. And this company in the ad is one of many of Bain Capital's investment vehicles. The ad in and of itself makes a stupid argument, if you have significant investments there is very little chance of not investing in a company who makes products overseas. As if that is wrong in and of itself.
Should liberals sell their Apple stock because their products are made overseas?