Mitt’s sweatshop secret?
Republicans like to paint Romney as an entrepreneur whose activities at Bain Capital have benefited Americans. In a campaign full of whoppers, thats 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.
Romneys 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.
Read more: http://www.salon.com/2012/10/05/mitts_sweatshop_secret/