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kimbutgar

(21,130 posts)
1. I predict more of these type of videos will emerge and the real agenda of what they have in store
Fri Aug 31, 2012, 03:21 PM
Aug 2012

for us will emerge. These hidden from the media campaign fund raising events will be interesting to see. I just wonder what the workers at these events think.

Jackpine Radical

(45,274 posts)
2. Rrrright. And
Fri Aug 31, 2012, 03:21 PM
Aug 2012

The Berlin Wall was put up to slow own the defections from the West to the DDR that were threatening to overwhelm the ability of the Communist system to provide for them all.

 

bongbong

(5,436 posts)
3. The reason repigs love slavery
Fri Aug 31, 2012, 03:26 PM
Aug 2012

They're too incompetent to be "successes" without the cost of labor being near or at zero.

That's the absolute truth, no more, no less.

Vox Moi

(546 posts)
4. This is exactly the kind of light on Romney that we need ...
Fri Aug 31, 2012, 03:30 PM
Aug 2012

Can you tell us where/when this video was taken?
Thanks, Emit

Emit

(11,213 posts)
5. It was posted by someone named Todd Randall to YouTube earlier this week
Fri Aug 31, 2012, 03:39 PM
Aug 2012

Here's what he wrote:

Published on Aug 28, 2012 by TODD RANDALL


I came across the above video yesterday evening. It's a recording of Mitt Romney recounting his days at Bain Capital when he was off-shoring U.S. manufacturing to slave labor camps in China. From the video I'm assuming that America's gift to the world, as Romney refers to it, is neoliberal capitalism and the privilege that economic system brings to the masses who can enjoy working for pennies per hour in a sweatshop factory complete with dormitories holding "12 girls per room", all of which is enclosed by barb-wired fencing. And as Romney relates, the fences are to keep the hoards of people out who are dying to fill a position in the factory as soon as someone falls over. For Romney and the typical vulture capitalist, this is a wet dream: endless numbers of cheap laborers ready to fill assembly-line positions which are unencumbered by unions, safety regulations, and basic right for workers. In such factories humans are reduced to cattle in order to extract the maximum profit. A Foxconn executive expressed the general sentiment of corporate capitalists when he referred to his workers as "animals" earlier this year. Despite recent reports by the Fair Labor Association (FLA) on the heels of an eye-opening report on labor conditions, the reality on the ground, as Romney can attest to from his days at Bain, is the same as it ever was: http://collapseofindustrialcivilization.com/tag/foxconn/


lumpy

(13,704 posts)
6. It can go without saying that the only reason jobs are sent overseas is for cheap labor.
Fri Aug 31, 2012, 03:48 PM
Aug 2012

What other reason is there ? Certainly not about caring for the people of other countries.
I will never forget the head of the US Chamber of Commerce, a couple of years ago, stating that the reason is that the US lacks skilled labor.

Emit

(11,213 posts)
7. This is interesting. Check this out.
Fri Aug 31, 2012, 09:47 PM
Aug 2012
24 Aug 12

‘Mitt Romney … Chinese slave labor at Bain?’

~snip~

Check out the Maytag story starting page 143.

“If The Chinese Acquire Maytag With Bain Cash, They Would Be Expected To Cut Thousands Of U.S.Jobs And Move The Manufacturing To Cheaper Locations Back Home.” (Brett Arends, “American Workers’ Bane,” Boston Herald, 6/22/05) [...]

Haier Interested In Shifting Production “Back To Its Far Cheaper Home Base” In China And Elsewhere. “Haier’s interest in Maytag would be far more in acquiring distribution and brand than more production facilities inthe U.S. One advantage of a Chinese purchaser for the troubled U.S. maker is the ease with which it could shiftproduction back to its far cheaper home base. ‘Paying workers $40 an hour, you can’t compete with workersoffshore who are paid $4 a day. This fits the trend,’ says one banker.” (Dennis Berman and Henny Sender, “Private Equity Heavyweights To Join Haier Bid For Maytag,” The Globe And Mail [Canada], 6/21/05)


http://thepoliticalcarnival.net/2012/06/03/john-mccains-entire-2008-opposition-research-file-on-mitt-romney/

And from the comment section at that link:

“On April 17, 1998, Brookside Capital Partners Fund, a Bain Capital affiliate, filed a report with the Securities and Exchange Commission noting that it had acquired 6.13 percent of Hong Kong-based Global-Tech Appliances, which manufactured household appliances in a production facility in the industrial city of Dongguan, China. That August, according to another SEC filing, Brookside upped its interest in Global-Tech to 10.3 percent. Both SEC filings identified Romney as the person in control of this investment: “Mr. W. Mitt Romney is the sole shareholder, sole director, President and Chief Executive Officer of Brookside Inc. and thus is the controlling person of Brookside Inc.” Each of these documents was signed by Domenic Ferrante, a managing director of Brookside and Bain.”

Note: “Hong Kong-based Global-Tech Appliances, which manufactured household appliances in a production facility”

http://www.motherjones.com/politics/2012/07/bain-capital-mitt-romney-outsourcing-china-global-tech

Not only did they purchase it, they increased their holdings and they knew all along what the labor conditions were and not only were they exploiting those labor conditions, they were intentionally outsourcing US jobs because … “Romney, when he was in charge of Bain, invested heavily in a Chinese manufacturing company that depended on US outsourcing for its profits—and that explicitly stated that such outsourcing was crucial to its success.”

In other words, they were enabling a slave labor outfit to succeed not just because of its access to slave labor but because by outsourcing the US jobs they undermined the US competitor.

No, this is a major story, birthed on the day #BainMitt donned his sheet and hood and marched proudly to Tampa …


Direct link to McCain's Oppo File here:
http://www.scribd.com/doc/78582788/McCain-2008-Oppo-File
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