Outsourcing

The Coming “Time Bomb” For Mitt Romney

Ronald Leave a comment

Republican Presidential nominee Mitt Romney has avoided explaining his time in office as Governor of Massachusetts, and the poor economic record of that term from 2003-2007.

Mitt Romney has avoided explaining his record of “outsourcing” and “offshoring” during his 25 years at Bain Capital.

But now two more “bombshells” are about to hit him squarely in the eyes, and one wonders if he can avoid commenting on them, as he has on other sensitive matters.

One is his offshore accounts, his investments in the Cayman Islands, the Bahamas, and Switzerland, therefore avoiding income taxes in America.

The other is the fact that he delayed his income tax returns for six months, but will have to file by October, and it is certain that again he will demonstrate a very low level of taxes, and a high level of income from his investments.

His refusal to comment on these various matters will harm him greatly, but then IF he tries to explain, he will probably contradict himself and hurt himself more as a “Flip Flopper” and a “Lie Master”!

Downsizing, Outsourcing, Offshoring: Mitt Romney’s Economic Plan!

Ronald Leave a comment

Republican Presidential nominee Mitt Romney loves to say he KNOWS how to run an economy and create jobs, but his record in Massachusetts as Governor from 2003-2007 shows otherwise, with one of the worst economic records as chief executive of that state.

Better to look at his record as the head of Bain Capital, where he was able to multiply his wealth to a quarter of a billion dollars by downsizing companies, outsourcing jobs, or what Romney calls offshoring jobs to other countries, and not giving a whit about the effect on thousands, if not hundreds of thousands of workers in various industries and companies.

Mitt Romney reminds many of their “boss”, and no one likes their “boss” enough to vote for him to do to America what he did in private enterprise.

The Obama campaign is exploiting this matter for all it is worth, and it is a deadly blow to the Romney campaign, as we do not want another Herbert Hoover, who was so rich and uncaring that he multiplied the disaster of the crash on Wall Street in 1929, bringing us Franklin D. Roosevelt!