Check out this shocking secret tape of Romney himself describing how he invested in an abusive Chinese factory that had 12-women per dorm room. This tape clearly shows his heartless disregard for the life of his workers. It also confirms he sent jobs overseas.
The story has already been posted @ http://politicalwire.com/...
Here's their description:
Hidden Video Shows Romney at a FundraiserEDIT:
A fascinating hidden camera video shows Mitt Romney talking at a fundraiser about investing in a Chinese factory that he described as surrounded by barbed wire and packed with 12 women per dormitory room.
Romney's point in telling the story was that "95% of life is settled if you're born in America."
The accuracy of the story Romney told was just confirmed by the Boston Glode and they also referenced the video. This story has legs today:
When Romney was at Bain, the firm also invested in a Chinese company called Global Tech Appliances Inc., which manufactured washing machines and other products at Chinese factories to export to US consumers.Video below the jump:
According to Securities and Exchange Commission documents that were first reported by Mother Jones magazine, a Bain Capital affiliate, Brookside Capital Partners Fund, acquired about 6 percent of Global Tech Appliances on April 17, 1998. Romney was listed as the “sole shareholder, sole director, President and Chief Executive Officer of Brookside Inc. and thus is the controlling person of Brookside Inc.”
A French appliance manufacturer called SEB successfully sued Global Tech in the United States for copying its patented deep-fat fryers, winning $2.65 million in a decision upheld by the Supreme Court in 2010. The legal case began in 1998.
Romney appeared to reference the Global Tech investment in a video that appeared on YouTube about three weeks ago. In the 2-minute video, which was shot surreptitiously and purports to be taken at a high-dollar Romney fund-raiser, Romney describes some of the spartan working conditions at a company Bain officials were planning to buy.
“When I was back in my private sector days, we went to China to buy a factory there,” he says. “It employed about 20,000 people. And they were almost all young women between the ages of about 18 and 22 or 23. They were saving for potentially becoming married, and they work at these huge factories.”
Romney said the women were packed into dormitories, 12 per room in bunk beds, and only earned a “pittance.”