Sunday, July 8, 2012

OBAMA'S OUTSOURCING FAR WORSE Than ROMNEY'S..? OBAMA the KING of OUTSOURCING .. Who’s the worst outsourcer in today’s presidential race? It isn’t Mitt Romney – it’s BARACK OBAMA ..

Obama criticizes Romney for outsourcing while being the king of outsourcers himself. 

While Obama’s campaign released an ad boasting of green jobs it has created through energy loans it has given, they failed to mention a salient point: among the loans werethree taxpayer-guaranteed loans to Spanish clean energy conglomerate Abengoa worth $2.78 billion to create 195 permanent jobs—more than $14 million per job—as well as a$529 million loan guarantee to Fisker Automotive, which manufactures $100,000 electric cars in Finland and is now virtually bankrupt.
Now let’s talk auto industry. Obama’s Department of Energy gave nearly $6 billion in taxpayer-guaranteed loans to the Ford Motor Company, which is expanding its business outside the U.S. Obama gave General Motors $50 billion and GM started building cars in China and Mexico to save on labor; later, Obama gave GM $45 billion in tax breaks so GM did not have to pay a dime in income taxes after making a $7.6 billion profit.

Obama’s second largest fundraiser is John Rogers, the CEO of investment giant Ariel Capital Management. He has raised more than $1.5 million for Obama’s reelection campaign. Bully for him, except for one thing: Ariel Capital Management owns a $48.6 million stake in Accenture, which just happens to be, according to the International Association of Outsourcing Professionals, the nation’s “best” outsourcer.
Obama’s Outsourcing Far Worse Than Romney’s:  CLICK  FOR  MORE..

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