Romney Invested in Chinese Company Which Depended on US Outsourcing for its Profits

Mother Jones carries the ball through the porous Romney line….

 

According to government documents reviewed by Mother Jones, 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.

This previously unreported deal runs counter to Romney’s tough talk on the campaign trail regarding China. “We will not let China continue to steal jobs from the United States of America,” Romney declared in February. But with this investment, Romney sought to make money off a foreign company that banked on American firms outsourcing manufacturing overseas.

C’mon Mitt~  Stand Proud!  Don’t deny this!  You believe in it!  As to the job losers, let them eat Ramen~y

One Response to Romney Invested in Chinese Company Which Depended on US Outsourcing for its Profits

  1. I do hope that Romney investing skills are as good as him evading taxes,or he should have consulted experts like Ed Butowsky for better investment alternatives.

Leave a Reply

Your email address will not be published. Required fields are marked *