- Posted October 14, 2012 by
Delray Beach, Florida
This iReport is part of an assignment:
Questions for Candy Crowley
Hypocrisy of Romney on Personhood, IVF, Abortion, Investments in Medical Waste Firm that Disposed Aborted Fetuses
Presidential candidate Mitt Romney and VP candidate Paul Ryan have repeatedly espoused their firmly held opinions that "Life begins at Conception." Ryan has sponsored "The Sanctity of Human Life" bill in the House of Representatives. This Bill would equate a newly fertilized embryo with being a "person." If a "Personhood" bills were to become law, In-Vitro Fertilization would be criminalized because unused embryos that don't make it to the womb, are either frozen for later use, or in the case of unhealthy embryos, are destroyed and routinely discarded by fertility clinics. ". . .The Sanctity of Human Life Act, if passed, would make all those embryos "people" in the legal sense, so if they aren't used or don't become babies after being implanted, they would essentially become murder victims under the law. . .
What is oxymoronic, is that while Romney talks about the sanctity of life, he would prevent infertile couples from having children, but at the same time he was thrilled that 3 of his sons used IVF to conceive a child. Mother Jones Magazine reports that this past May twin boys David Mitt and William Ryder were born to Tagg Romney and his wife Jen via IVF and a gestational surrogate. This is the second time that Romney's son Tagg and his wife Jen used IVF: Their son Jonathan was born this way in 2010.
“Not only have they used expensive In-Vitro Fertilization techniques that most couples could not afford, they even employed a fairly compensated surrogate mother (fees can run as high as $60,000), even though the practice is ‘strongly discouraged’ by their own church and occasionally triggers disciplinary actions. . . In September, right after Mitt Romney probably would have found out that his son was expecting children, he briefly seemed to slip up at a town-hall-style meeting in Goffstown, N.H., when talking about how his grandchildren had made him especially invested in the future of the country.
“I’ve got 16 grandkids, 17, something like that — 16,” Mitt Romney said, to laughter. “I’m counting ones that aren’t hatched yet.”
This is a classic case of pandering to the Religious Right and "Flip-Flop" on the part of Romney: "Do as I say, not as I Do." A Romney who would force an extreme policy decision upon Americans denying infertile couples children, while doing the exact opposite with his own progeny. Romney's sons can spare no expense and have kids via IVF, but for the rest of America, IVF is murder.
In a further hypocrisy, Romney Invested in Medical-Waste Firm Stericycle – a medical waste disposal firm that disposed of aborted fetuses, SEC documents show. And these documents challenge Romney's claim that he left Bain Capital in early 1999.
In 1999, according to Mother Jones Magazine, the GOP presidential candidate had been part of an investment group that invested $75 million in Stericycle, a medical-waste disposal firm with a poor safety record that has been attacked by anti-abortion groups for disposing aborted fetuses collected from family planning clinics. In November 1999, 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 in Stericycle, a fast-growing player in the medical-waste industry. (That April, Stericycle had announced plans to buy the medical-waste businesses of Browning Ferris Industries and Allied Waste Industries.) The SEC filing lists assorted Bain-related entities that were part of the deal, including Bain Capital (BCI), Bain Capital Partners VI (BCP VI), Sankaty High Yield Asset Investors (a Bermuda-based Bain affiliate), and Brookside Capital Investors (a Bain offshoot). And it notes that Romney was the "sole shareholder, Chairman, Chief Executive Officer and President of BCI, BCP VI Inc., Brookside Inc. and Sankaty Ltd."
The document also states that Romney "may be deemed to share voting and dispositive power with respect to" 2,116,588 shares of common stock in Stericycle "in his capacity as sole shareholder" of the Bain entities that invested in the company. That was about 11 percent of the outstanding shares of common stock. Romney made a ton of money from the Stericycle investment as the firm grew to be the one of the largest medical waste dispoal firms in the US.
How can Romney talk with a straight face about Personhood, about how the Mormon Church is against IVF and surrogacy when his own sons and their wives used IVF in contravention to Mormon Church policy? How can Romney talk about the sanctity of life when as Head of Bain Capital he invested in a firm that disposed of aborted fetuses from family planning clinics? Is the power of money and making more of it more important than Romney's core values? What are his core values -- they seem to be changing by the day, by the hour, by the minute? How can one believe such a man, a chamelon, who appears to lack character and convictions?