Protesters deliver petitions demanding Apple respect worker rights - Protesters on Thursday delivered petitions to Apple’s store in New York’s Grand Central Terminal demanding the company improve worker conditions in its factories in Southeast Asia. An annual internal audit of Apple’s supply chain found many of its suppliers overworked and underpay employees, and nearly one-third were negligent in managing hazardous substances.
See related poston the working conditions in China
As reported by Buzzfeed, at a campaign event at Hillsborough Community College’s Dale Mabry Campus in Tampa, Florida, President Obama riffed on a Washington Post article which revealed yesterday that while at Bain Capital, Romney… “pioneered” the outsourcing of jobs overseas:
“We’re going to reduce the deficit by $4 trillion. I have a detailed plan that will cut spending we can’t afford, strengthen programs like Medicare for the long haul, and reform our tax code in a way that’s fair and responsible. My plan will stop giving tax breaks to businesses that ship jobs and factories overseas, and start rewarding companies that create jobs and manufacturing right here in the United States of America. Now, not only does Governor Romney disagree with this plan, today it was reported in The Washington Post that the companies his firm owned were ‘pioneers’ in the outsourcing of American jobs to places like China and India. Pioneers! Tampa, we don’t need an outsourcing pioneer in the Oval Office. We need a President who will fight for American jobs and American manufacturing. And that’s what my plan will do.”
On the same subject, Stephanie Cutter shares Romney’s economic plan of eliminating US taxes on foreign profits of US companies and his career of shipping American jobs all over the world.
Romney senior adviser Ed Gillespie engaged in a game of semantics, during an appearance on CNN yesterday. He compared Bain Capital sending jobs overseas while Mitt Romney was the CEO to President Barack Obama’s campaign “outsourcing” telemarketing to places like Omaha, Nebraska.
“The reporter confused the notion of outsourcing — now a lot of American companies outsource,” Gillespie explained. “They outsource domestically as well. For example, the Obama for America campaign outsources from its own campaign telemarketing services.”
“To Omaha or wherever it is,” CNN host Candy Crowley pointed out. “But we’re talking about foreign jobs here.”
Pat Garofalo and Igor Volsky at Think Progress acknowledge there is a difference between “outsourcing” and “offshoring” but:
[…] “This simply doesn’t change the fact that Bain, under Romney, invested in companies whose sole purpose was to move jobs to other countries, directly countering the narrative that Romney has been trying to set.”
…work that could have been done here. American jobs lost forever, for the financial gain of a few.
And the Washington Post is actually entertaining this ridiculous request?
TPM reports: “Washington Post spokeswoman Kris Coratti confirmed that editors are meeting with Romney officials to discuss the campaign’s request for a retraction of the paper’s story on Bain Capital’s outsourcing. ”The editors really do take complaints seriously,” she told TPM. ‘They’re always willing to listen to people’s concerns. That’s what they’re doing.’”
I have a concern: who owns the Washington Post — and was the owner in Park City, Utah last weekend?
TPM: “The Washington Post’s top editors just wrapped up a meeting with Romney officials to discuss the campaign’s request for a retraction of the paper’s story on Bain Capital’s outsourcing. “We are very confident in our reporting,” Washington Post spokeswoman Kris Coratti told TPM after the meeting, adding that appointments with people concerned about coverage are common.”
ThinkProgress: According to an analysis by the pay research group Equilar, compensation for top bank CEOs grew by nearly 12 percent last year. The Financial Times noted that these increases occurred “despite widespread falls in profits and share prices“ […] According to a different estimate by Bloomberg News, Wall Street CEO pay grew by 20 percent last year. At the same time, worker wages grew by only 2.1 percent. And inflation adjusted wages actually declined by 0.6 percent between March 2011 and March 2012. […] Over the last 30 years, CEO pay has increased 127 times faster than worker pay.
What’s sad about these facts is that low-information voters are completely missing the point: according to a Pew poll, Americans currently give Romney an 8-point lead over Obama on who they trust to handle the economy better. Seriously.
Profit for a few at the expense of many — do these people understand they’re saying that’s exactly the kind of economy they approve of with Mitt Romney?