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Related: About this forumVideo of Romney Talking About Buying a Slave Labor Camp Back in Bain
SECRET TAPE OF MITT ROMNEY TALKING ABOUT BUYING A SLAVE LABOR CAMP BACK IN BAIN
kimbutgar
(21,130 posts)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)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)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)Can you tell us where/when this video was taken?
Thanks, Emit
Emit
(11,213 posts)Here's what he wrote:
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)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)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. Haiers 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 cant 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:
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 profitsand 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