Why has Obama invested his own money in so many companies that outsource jobs?
http://money.cnn.com/2009/05/15/news/economy/obama-stocks/index.htm Obama's top 10 stocks May 15, 2009 According to the latest disclosure from the White House, President Obama is a fan of index-fund investing. See the stocks in his main holding. 'The vast majority of his mutual fund holdings are in the Vanguard FTSE Social Index fund (VFTSX), with a range of between $115,000 and $250,000. 'According to the Vanguard site, the fund consists of mostly U.S. large and mid-sized companies that meet certain social and environmental criteria. The index tracks the performance of the FTSE4Good US Select. 'The fund's Top 10 holdings, according to the Vanguard site are: 'JP Morgan Chase (JPM, Fortune 500) Apple (AAPL, Fortune 500) Google (GOOG, Fortune 500) Intel (INTC, Fortune 500) Qualcomm (QCOM, Fortune 500) McDonald's (MCD, Fortune 500) Bank of America (BAC, Fortune 500) Amgen (AMGN, Fortune 500) CVS Caremark (CVS, Fortune 500) Gilead (GILD, Fortune 500) ' Isnt' it shameful that our president supports job outsourcing like this?
Asked By: Elmer - 8/13/2012
Best Answer - Chosen by Asker
In public he says stop outsourcing to others but their are evident which proves he himself is making lot of money by outsourcing the work. He himself want to make money then why other's can't... More
Answered By: Micheal - 8/16/2012
Additional Answers (2)
Index funds are smart investments and while I am no admirer ( and no fan of Obama either ) of Morgan Chase or Citibank those are some solid companies.
Answered By: sociald - 8/13/2012
He is a two-faced hypocrite. He sent many more jobs overseas with his so-called "stimulus" than he ACCUSED Mitt Romney of sending.
Answered By: Robert - 8/13/2012
(89) Local Jobs Paying $19-$97 Per Hour- Available Today. Apply Now!
$21/hr Start, Avg Pay $72K/yr No Experience Needed! Get Started.
We need people to fill a number of positions at Home
New job opportunities added daily. Search & apply for DC jobs now.
Other Career Questions
What jobs are there in the business field that are night jobs? Places and job titles please. Im have a BA in Business Admin and looking for a night job, already have a morning/day job.
Enumerate these jobs Say, patent application writting. patent application writing. In a company, what jobs are needed to keep confidential?
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.