Posts Tagged ‘overseas’
Sorry, Washington Post, Romney didn’t get rich moving U.S. jobs overseas
Today, President Barack Obama referred to the Washington Post Hit Story on Governor Mitt Romney in several tweets. The problem is that the story is full of half truths and out right lies. In what is meant to be a bombshell political story, the Washington Post is attempting to paint Republican presidential nominee Mitt Romney as a private equity boss who got rich by shipping American jobs overseas. But the WaPo seems more than a little fuzzy about the basics of how international business works — and the difference between outsourcing and offshoring. Or maybe this was a story just too politically juicy to properly check. But whatever the reason, WaPo World’s version of Romney’s business career at Bain Capital may not correspond with reality, via a source familiar with [...]
“Day One” In A Romney Run Executive Branch Of Government
By Edmund Jenks - West Coast Editor Today, Mitt Romney's first commercial of the general election will be released (see video) and it says that on "Day One" in the White House he would ... Approve The Keystone Pipeline, Introduce Tax Cuts, and Issue Orders To Begin Replacing Obamacare. The Romney campaign's first official ad in over a month will air today through next Tuesday in Ohio, Iowa, Virginia and North Carolina. In 2008, we all had "Hope & Change" but no real understanding what an Obama run Executive Branch of government would look like. In 2008, then candidate Senator (Illinois) Barack Obama promised Reducing The Deficit And Debt, Lobbyists “Won’t Find A Job In My White House”, and Transparency In Law Making complete with a minimum 72 hour internet posting of [...]
Obama’s Mismanagement has Business and Investors looking overseas
Obama’s Ally, Warren Buffet, Is Betting Against Te U.S. In An Overseas Search For Investment Opportunities. “Last month, Warren Buffett went shopping — abroad. … This is Buffett’s way of betting against the U.S. dollar. Armed with about $38 billion of cash at Berkshire Hathaway, he can use dollars now to buy companies that will generate profits in other currencies for years to come.” (Steve Mufson, “The Dollar, Less Almighty: Big Investors See Possible Long-Term Currency Weakness,” The Washington Post, 4/22/11) “Buffett Isn’t Alone” As Investors Facing Worries Over Deficits, Debt And Inflation In The U.S. Look Abroad For Bigger Returns. “Buffett isn’t alone. Some of the most successful investors in the United States and the biggest money management funds are [...]
