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Nancy Pelosi possibly made millions in 2011 with Asia investmen… Look! Romney’s outsourcing!

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By Doug Powers  •  July 11, 2012 04:29 PM

**Written by Doug Powers

Yesterday, Michelle mentioned the foreign investments of Debbie Wasserman Schultz, frequent critic of Mitt Romney’s “offshoring and outsourcing.”

The Obama administration’s stimulus also did a bit of outsourcing before producing ads accusing Romney of doing the same thing (at least Mitt used his own money).

Today brings us this about Nancy Pelosi:

According to Pelosi’s 2011 financial disclosure statement, the Democratic House Minority Leader received between $1 million and $5 million in partnership income from “Matthews International Capital Management LLC,” a group that emphasizes that it has a “A Singular Focus on Investing in Asia.” A quick trip to the company website reveals a featured post extolling the virtues of outsourcing.

“Designed in California, Made in Manila” sounds like an excellent title for a smear ad to be run the by the Barack Obama campaign. Instead, it appears to be Nancy Pelosi’s investment strategy.

Pelosi is also a small investor in the embattled “Moduslink Global,” one of the “outsourcing pioneers” that Mitt Romney has been criticized for associating with while at Bain Capital.

There’s nothing wrong with this, aside from the usual monumental hypocrisy that has led to a bit of self-inflicted beclowning on the part of the Democrat leadership. But the more those same Dems hit Romney over his overseas business dealings, the more they’re making themselves look like this:

**Written by Doug Powers

Twitter @ThePowersThatBe

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Categories: 2012 Campaign, Campaign finance, Politicians

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