Oh, this is no good at all:
President Barack Obama’s reelection campaign pounced Friday on a New York Times report that Mitt Romney may stand to profit, through a family blind trust administered by the Bain Capital private equity firm he founded, from China’s government surveillance of its citizens.
Here’s how The Times puts it:
“In December, a Bain-run fund in which a Romney family blind trust has holdings purchased the video surveillance division of a Chinese company that claims to be the largest supplier to the government’s Safe Cities program, a highly advanced monitoring system that allows the authorities to watch over university campuses, hospitals, mosques and movie theaters from centralized command posts.”
Stephanie Cutter, Obama’s deputy campaign manager, seized the opportunity to hit back at Romney, who has sharply assailed the president’s policy towards China: “Mitt Romney has criticized President Obama on the campaign trail for putting economic interests ahead of human rights in China. But this new revelation about Romney’s financial interest in a Chinese surveillance company suggests that Romney is not living up to his own publicly-stated values.”
I’m telling ya, Bain is causing Romney all sort of grief. First, it turns out Bain owns the company that owns the Rush Limbaugh program. Now this.