Two contradictions in one!
Bain Capital has invested Billions of Dollars into unions and universities some of Obama's largest supporters, so did Bain Capital in turn fund the
Obama rise to power?
Bain has invested $1.25 Billion into the California State Teachers’ Retirement System
On its homepage here
: You can clearly see that it states: it "is committed to sustainability and requires the
companies with which we invest to be environmentally, socially and economically responsible."
Here are some other unions and labor groups that have some serious investments with Bain and yet are the most vocal anti-Bain and pro-Obama
* llinois Municipal Retirement Fund ($2.2 million)
* Indiana Public Retirement System ($39.3 million)
* Iowa Public Employees’ Retirement System ($177.1 million)
* The Los Angeles Fire and Police Pension System ($19.5 million)
* Maryland State Retirement and Pension System ($117.5 million)
* Public Employees’ Retirement System of Nevada ($20.3 million)
* State Teachers Retirement System of Ohio ($767.3 million)
* Pennsylvania State Employees’ Retirement System ($231.5 million)
* Employees’ Retirement System of Rhode Island ($25 million)
* San Diego County Employees Retirement Association ($23.5 million)
* Teacher Retirement System of Texas ($122.5 million)
* Tennessee Consolidated Retirement System ($15 million)
You can also check out the list of Universities that have also benefited from the existence of Bain Capital.
* Purdue University ($15.9 million)
* University of California ($225.7 million)
* University of Michigan ($130 million)
* University of Virginia ($20 million)
* University of Washington ($33 million)
The thing to take away from this report is that Romney's Bain Capital was not political. It has been documented that Bain Employees have had multiple
political alliances in the past. Some people gave to Democrats others gave to Republicans. Now, the Founder who just happens to be Republican is
running for President. That doesn't mean that his business principles got tangled with Romney's politics. In fact, if a CEO mixed politics with
business it means he really isn't a good CEO. Romney has proven that he can in fact work with organizations and people with fundamentally different
world views. Which is great experience for leading a nation.
Some say that Romney could possibly be the greatest investor in the world. His empire and tentacles seem to be everywhere. So now, the democrats have
a large problem that they are obviously ignoring. Should the unions that worked inside the GST Steel (Joe Soptic conspiracy) take the blame for taking
money from Bain as well?