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Octafish

(55,745 posts)
9. Killer analogy...
Sat Oct 27, 2012, 02:57 PM
Oct 2012

Mitt's mitts are covered in blood...



Revealed: Romney’s Bain Capital Invested in Grotesque Chinese Sweatshop, Detailed at Boca Raton Fundraiser

Far from the respectable businessman he claims to be, Romney has long engaged in horrific practices that mock American values.

October 4, 2012  |    

 
Republicans like to paint Romney as an entrepreneur whose activities at Bain Capital have benefited Americans. In a campaign full of whoppers, that’s one of the biggest lies of all. Economist Paul Davidson recently pointed out the truth on AlterNet : “Romney has spent his career offshoring and outsourcing American production processes -- and associated jobs -- to countries like China where human labor is valued in the market at a very low wage rate.” The sub-human conditions at these production facilities represent things that Americans are strongly opposed to: child abuse, squalor, forced overtime, and peanuts for pay.

Romney’s penchant for bragging about his business activities at fundraisers helps underscore just how vile his brand of capitalism really is. While CEO of Bain, Romney invested in a Chinese sweatshop which he appears to be describing in detail at the very same Boca Raton fundraising event where he made his infamous case that nearly half of all Americans are freeloaders.

A report recently released by the Institute for Global Labor and Human Rights reveals that while Romney was deeply invested at a firm called Global-Tech, low pay and horrific conditions were status quo at its Chinese appliance factory.

Was Romney aware? Let’s take a look at the presidential hopeful's own words:

“When I was back in my private equity days, we went to China to buy a factory there. It employed about 20,000 people. And they were almost all young women between the ages of about 18 and 22 or 23. They were saving for potentially becoming married. And they work in these huge factories, they made various uh, small appliances. And uh, as we were walking through this facility, seeing them work, the number of hours they worked per day, the pittance they earned, living in dormitories with uh, with little bathrooms at the end of maybe 10, 10 room, rooms. And the rooms they have 12 girls per room. Three bunk beds on top of each other. You've seen, you've seen them? (Oh…yeah, yeah!) And, and, and around this factory was a fence, a huge fence with barbed wire and guard towers. And, and, we said gosh! I can't believe that you, you know, keep these girls in! They said, no, no, no. This is to keep other people from coming in. Because people want so badly to come work in this factory that we have to keep them out.”


CONTINUED...

http://www.alternet.org/election-2012/revealed-romneys-bain-capital-invested-grotesque-chinese-sweatshop-detailed-boca-raton



We the People could use an Attorney General who wasn't dependent on Wall Street business after government service.
So much for communism Anthony McCarthy Oct 2012 #1
The commies are so scared of their people learning the truth, they banned the news. Octafish Oct 2012 #3
China's system isn't communism. Zalatix Nov 2012 #14
Communism never had a chance. What Marx hadnt figured on was the greed of humankind. rhett o rick Jun 2014 #15
after the Bo scandal, the Chinese have a pretty good understanding; eom amborin Oct 2012 #2
Separate issues, yet connected. Octafish Oct 2012 #4
yes, i've been following it all intently....good question! amborin Oct 2012 #5
What Deng Xiaoping told TIME: ''Let some become rich first.'' Octafish Oct 2012 #6
Photo ID: Wen Jiabao and Henry Paulson Octafish Oct 2012 #7
If corporations are people - what does that make entities like Bain Capital? Serial killers? Initech Oct 2012 #8
Killer analogy... Octafish Oct 2012 #9
Obama and Holder could have changed the course of this country..... Hotler Oct 2012 #10
Obama is getting blamed for a lot of things he's not responsible for. Initech Oct 2012 #11
WHAT! Remember Obama went on Sixty Minutes and said the bankers did nothing illegal. Hotler Oct 2012 #12
That I do agree with. The banks should not have been allowed to get away with their crimes. Initech Oct 2012 #13
I am not sure that "Obama and Holder" could have or can "change the course of this country." rhett o rick Jun 2014 #16
A people's revolution will not solve the problem of world oligarchy. We must find a group of rhett o rick Jun 2014 #17
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