You are getting it wrong. Romney was talking about Obama’s being a part of the federal pension system. The federal pension system makes investments just like mutual funds, including mutual funds. Those investments are many and varied, including Chinese and Cayman Island investments. These are not Obama personal investments; Romney was speaking to Obama’s pension fund which has such investments, just like many gov’t pension plans do. Nothing nefarious; Romney was just pointing out the hypocrisy of Obama speaking about Romney’s trust’s investment strategy, as the fed gov’t pension strategy is just the same.
Romney: "Mr. President, have you looked at your pension? Have you looked at your pension?"
Obama: "You know, I don’t look at my pension. It’s not as big as yours so it doesn’t take as long. I don’t check it that often."
Romney: "Let me give you some advice. Look at your pension. You also have investments in Chinese companies. You also have investments outside the United States. You also have investments through a Caymans trust."
Unfortunately, like you found, apparently the investments referred to here are from a pension fund, and not his personal investments.
That is even more ominous and nefarious. All the Congress Critters and Administration etc. have investments through their pension funds in Chinese companies and the Cayman Islands?
So it’s in their interest for China to do well? Cayman Island account to protect them from the collapse of the dollar?
Anybody else have a problem with this?