After his attacks on Mitt Romney's involvement in the job-creating private equity firm Bain Capital failed to resonate with an underemployed America, President Obama has retooled his message somewhat.
Now, after the Washington Post published a story about Bain's alleged role in outsourcing factory jobs overseas, he's blasting Republican nominee Mitt Romney as an "outsourcer in chief" and "outsourcing pioneer."
He did so even as, the Washington Free Beacon reports, Team Obama spent nearly $4,700 on services from a Canadian telemarketing company called Pacific East between March and June. The Obama campaign also paid a call center in Manila, Philippines, $78,314.10 for telemarketing services between the start of the campaign and March.
Few people remember an August 2010 report at InformationWeek.com about the U.S. Agency for International Development, a federal agency run by a hand-picked Obama appointee, launching a $36 million program to train workers, including 3,000 specialists in IT and related functions, in South Asia.
They were to provide offshore IT and business services to American companies looking to take advantage of the Asian subcontinent's low labor costs.
The hypocrisy only starts here. While blocking the Keystone XL pipeline and the 20,000 jobs it would bring immediately, with hundreds of thousands later in an economic ripple effect, this is the President who applauded a U.S. Export-Import Bank's loan to Brazil's state-run Petrobras in the amount of $2 billion with the promise of more to follow.
At the time, Obama was railing against tax incentives for U.S. oil companies and still is.
"We want to help you with the technology and support to develop these oil reserves safely, and when you're ready to start selling, we want to be one of your best customers." Isn't that outsourcing, Mr. President?
The Obama administration had no problem with approving a plan by electric car company Fisker to use part of its $529 million federal stimulus loan guarantee to build its manufacturing facility, and the 500 jobs it supports, in Finland. Fisker employees were laid off at an old General Motors facility in Joe Biden's Delaware that Fisker was supposed to refurbish.
Speaking of GM, Government Motors, whose international headquarters is in Shanghai, recently announced it would be developing an electric car platform with its longtime Chinese partner, the Shanghai Automotive Industrial Corporation (SAIC). The president has no problem with that, either.
As part of doing business in China, GM, which has become virtually a wholly owned subsidiary of the U.S. taxpayer, must share its taxpayer-subsidized technology with Beijing as a cost of doing business there, including that used in the heavily subsidized Chevy Volt.
According to a recent report by the Investigative Reporting Workshop at the American University's School of Communication in Washington, D.C., nearly $2 billion in money from the American Recovery and Reinvestment Act has been spent on wind power. Nearly 80% of that money has gone to foreign manufacturers of wind turbines, the study found.
Mitt Romney and Bain Capital oversaw the creation of tens of thousands of jobs by companies like Staples, Sports Authority and Domino's Pizza. President Obama would keep the highest corporate tax rate in the world, carry out a job-outsourcing energy policy, expand job-killing regulations and impose job-killing ObamaCare.
It is President Obama who is outsourcing American jobs and downsizing the American economy.
http://news.investors.com/article/616374/201206271826/obama-calls-romney-an-outsourcing-pioneer.htm?p=full
Now I wonder how the issue is going on now. I haven't heard Obama talking about it lately.
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