Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Swede

(33,249 posts)
Fri Jun 22, 2012, 11:00 AM Jun 2012

Romney’s Bain Capital invested in companies that moved jobs overseas

Mitt Romney’s financial company, Bain Capital, invested in a series of firms that specialized in relocating jobs done by American workers to new facilities in low-wage countries like China and India.
During the nearly 15 years that Romney was actively involved in running Bain, a private equity firm that he founded, it owned companies that were pioneers in the practice of shipping work from the United States to overseas call centers and factories making computer components, according to filings with the Securities and Exchange Commission.




http://www.washingtonpost.com/business/economy/romneys-bain-capital-invested-in-companies-that-moved-jobs-overseas/2012/06/21/gJQAsD9ptV_story.html

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Romney’s Bain Capital invested in companies that moved jobs overseas (Original Post) Swede Jun 2012 OP
When will Dem candidates focus upon Rmoney's support for another pending "free trade" agreement? AnotherMcIntosh Jun 2012 #1
 

AnotherMcIntosh

(11,064 posts)
1. When will Dem candidates focus upon Rmoney's support for another pending "free trade" agreement?
Fri Jun 22, 2012, 11:20 AM
Jun 2012

The pending wage-lowering, let's-send-more-jobs-to-foreign-countries "free-trade" agreement, like NAFTA and the other "free-trade" agreements signed since that time, will benefit the Wall Street crowd and the wealthy donors to Rmoney's campaign. It will benefit the greedy super-rich who support politicians like Rmoney.

The pending "free-trade" agreement, when signed, will benefit his wealthy donors. But it will cause further harm to the American working class. It is a pending disaster. The NAFTA of the Pacific.

Trans-Pacific negotiations have been taking place throughout the Obama presidency. The deal is strongly supported by the U.S. Chamber of Commerce, the top lobbying group for American corporations. Obama's Republican opponent in the 2012 presidential elections, Mitt Romney, has urged the U.S. to finalize the deal as soon as possible.
http://www.huffingtonpost.com/2012/06/13/obama-trade-document-leak_n_1592593.html

What better way is there to make more money for the super-rich when killing American jobs?
Latest Discussions»Issue Forums»Editorials & Other Articles»Romney’s Bain Capital inv...