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ROMNEY: "I already made my $40 Million from Abortions - I'm against Planned Parenthood now."

FAWKES' NOOSE ~ ΔTX 2012/07/27 19:20:42

Mitt LOVES the unborn...
Especially if you KILL them!


There's BIG MONEY in abortions...
In Mitt's case - over $40 MILLION!!!






That's one of Mitt Romney's companies conducting daily operations as they profit from abortions conducted by Planned Parenthood.


Bain Capital and Madison Dearborn Partners, a Chicago-based private equity firm, filed with the SEC a Schedule 13D, which lists owners of publicly traded companies, noting that they had jointly purchased $75 million worth of shares of the Medical Waste Company; Stericycle.

Stericycle was a lucrative investment for Romney and Bain. The company had entered the medical-waste business a decade earlier, when it took over a food irradiation plant in Arkansas and began zapping medical waste, rather than strawberries, with radiation. The company subsequently replaced irradiation with a technology that used low-frequency radio waves to sterilize medical waste—gowns, masks, gloves, and other medical equipment—before it was transported to an incinerator. By mid-1997, Stericycle was the second-largest medical-waste disposal business in the nation. Two years later, it was the largest. With 240,000 customers, its operations spanned the United States, Canada, and Puerto Rico. Fortune ranked it No. 10 on its list of the 100 fastest growing companies in the nation.

In 1991, the Occupational Safety and Health Administration cited its Arkansas operation for 11 workplace safety violations. The facility had not provided employees with sufficient protective gear, and it had kept body parts, fetuses, and dead experimental animals in unmarked storage containers, placing workers at risk. In 1995, Stericycle was fined $3.3 million—later decreased to $800,000—by Rhode Island for knowingly exposing workers to life-threatening diseases at its medical-waste treatment facility in Woonsocket. Two years later, workers at another of its medical-waste processing plants in Morton, Washington, were exposed to tuberculosis. In 2002 and 2003—after Bain and its partners had bought their major interest in the firm—Stericycle reached settlements with the attorneys general in Arizona and Utah after it was accused of violating antitrust laws. It paid Arizona $320,000 in civil penalties and lawyers' fees, and paid Utah $580,000.

Despite the firm's regulatory run-ins, the deal worked out well for Bain. In 2001, the Bain-Madison Dearborn partnership that had invested in the company sold 40 percent of its holdings in Stericycle for about $88 million—marking a hefty profit on its original investment of $75 million. The Bain-related group sold the rest of its holdings by 2004. By that point it had earned $49.5 million.


(Note: The headline of this question is not intended to be a factual quote.)




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  • Charge 2012/07/27 19:51:07 (edited)
    Charge
    +6
    MORE FASCIST LIBERAL LIES!
    Your alleged Romney quotes are Libelous and totally untrue... fallacious LIES!

    In fact, not only was Romney no longer involved at Bain at the time Stericycle began its association with the abortion industry, but Bain itself had divested from the company.

    This has been debunked but was a setup for an 11th hour release to hurt Romney.

    The Huffington Post said,

    “By the time Bain Capital had made the investment in Stericycle, he had left the firm to run the 2002 Winter Olympic Games. He maintained ownership in Bain and kept holdings in its private equity funds, which included Stericycle stock, but he had no say in the managerial or strategic decisions at the firm, according to Bain officials,” HuffPo reported. “There is no publicly available data showing that either Romney or other officials at Bain knew of Stericycle’s work with Planned Parenthood and abortion clinics before the investment.”



    The TRUTH:

    http://www.lifenews.com/2012/...

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  • KaelynnRose 2012/07/27 19:59:01
    KaelynnRose
    +3
    Ugh. That is awful. What a hypocrite.
  • Will Advocate of PHAET 2012/07/27 19:56:10
  • Charge 2012/07/27 19:51:07 (edited)
    Charge
    +6
    MORE FASCIST LIBERAL LIES!
    Your alleged Romney quotes are Libelous and totally untrue... fallacious LIES!

    In fact, not only was Romney no longer involved at Bain at the time Stericycle began its association with the abortion industry, but Bain itself had divested from the company.

    This has been debunked but was a setup for an 11th hour release to hurt Romney.

    The Huffington Post said,

    “By the time Bain Capital had made the investment in Stericycle, he had left the firm to run the 2002 Winter Olympic Games. He maintained ownership in Bain and kept holdings in its private equity funds, which included Stericycle stock, but he had no say in the managerial or strategic decisions at the firm, according to Bain officials,” HuffPo reported. “There is no publicly available data showing that either Romney or other officials at Bain knew of Stericycle’s work with Planned Parenthood and abortion clinics before the investment.”



    The TRUTH:

    http://www.lifenews.com/2012/...
  • Randy Charge 2012/07/27 19:55:24
    Randy
    I believe the Obama bundler happened to be in charge of Bain at that time.
  • Charge Randy 2012/07/27 19:58:29
    Charge
    +2
    That may be the case.....
  • FAWKES'... Charge 2012/07/27 20:16:16 (edited)
    FAWKES' NOOSE ~ ΔTX
    Its not a problem. Conservatives subscribe to the "not intended to be factual" defense. In fact.. they've used it when describing... PLANNED PARENTHOOD.

    PS: Romney's signature is on the Stericycle stock purchase.

  • Charge FAWKES'... 2012/07/27 20:48:38
    Charge
    +1
    You and people like You are why we need to get rid of Obama from office for the good of our country.
    What you are selling is LIES and You know it but to attain Your agenda goal anything is justified.
  • FAWKES'... Charge 2012/07/27 21:15:35
    FAWKES' NOOSE ~ ΔTX
    Hmmm.. I checked again. No lies here. The SEC records are quite clear.
  • Charge FAWKES'... 2012/07/28 15:49:01
    Charge
    Show me where are the "records".
    Further the purchase of stock infers very little...
  • Randy 2012/07/27 19:32:29
    Randy
    +2
    (Note: The headline of this question is not intended to be a factual quote)

    HONEST?
  • FAWKES'... Randy 2012/07/27 19:36:12
    FAWKES' NOOSE ~ ΔTX
    +1
    Sure. These disclaimers are acceptable for Conservatives.

  • Randy FAWKES'... 2012/07/27 19:46:24 (edited)
    Randy
    +1
    Lie, then a disclaimer. Liberals have for ever lied but now, 'The Disclaimer' supposedly hides that fact. I really don't think it's going to work.
    How many abortions since roe vs wade
  • FAWKES'... Randy 2012/07/27 20:19:29
    FAWKES' NOOSE ~ ΔTX
    +1
    Did we forget that aborted fetuses are sold for stem cell research? Romney is a hypocritical profiteering wazzock.

    Kenny Dies
    Get More: SOUTH
    PARK
    more...

  • Randy FAWKES'... 2012/07/27 22:28:14
    Randy
    I would have thought you regretted the 56,000,000 Democrat votes aborted!!!
  • Disside... Randy 2012/07/27 19:45:15
    DissidentRage
    +1
    What's a little embellishment every now and again? Limbaugh gets away with it on a daily basis, and he has thousands of listeners.
  • Randy Disside... 2012/07/27 19:51:42 (edited)
    Randy
    Example please?
    Oh, that's millions!
  • Disside... Randy 2012/07/27 21:23:02
    DissidentRage
    +1
    Whenever his lips part.
  • Randy Disside... 2012/07/27 22:31:15
    Randy
    I ment Limbaugh's embellishments, not Barney Franks sexual preferences!!!
  • Disside... Randy 2012/07/30 14:59:39
    DissidentRage
    +1
    How is that relevant? (note: rhetorical)
  • Randy Disside... 2012/08/01 12:43:35
    Randy
    You're a liberal, aren't you?
  • Disside... Randy 2012/08/01 13:04:46
    DissidentRage
    +1
    You're poisoning the well, aren't you?
  • Randy Disside... 2012/08/01 19:58:50
    Randy
    Don't have to, you guys are aborting yourselves out of existence!

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