The 1st thing is to keep Romney's anti-union RECTUM outta the Oval Office.
More on Bain/Romney and Outsourcing U.S. Jobs to China #default
By SEIU Research
Bain Capital, while still under the leadership of Mitt Romney, invested in a Chinese outsourcing company that profited at the expense of some 520 workers at a Sunbeam appliance factory in Coushatta, Louisiana.
The Louisiana plant - which made domestic appliances like irons and toaster ovens - was shuttered in December 1996; one month after Sunbeam CEO "Chainsaw" Al Dunlap announced a corporate restructuring plan including the "rationalization of manufacturing."
Dunlap was an early and vocal proponent of shipping jobs overseas to low-wage countries in the interest of maximizing shareholder value. The closure, effective December 31, 1996, was part of a nationwide downsizing by Sunbeam that cut more than 6,000 jobs due to increased imports.
On February 11, 1998, Mitt Romney publicly stated: "I just came back from a trip to China, and I went to a factory of 5,000 workers making bread makers and mixers and so forth. And 5,000 Chinese, all graduated from high school, 18 to 24 years old, were working, working, working, as hard as they could, at rates of roughly 50 cents an hour."
After Bain's investment in Global-Tech, Sunbeam reported to the SEC it had no use for some of its domestic inventory "due to outsourcing the production of irons, bread makers, toasters and certain other appliances." The company also reported "the elimination of approximately 2,800 other positions, some of which were outsourced."
In his May 2012 remarks to a fundraiser in Boca Raton, Romney stated: "When I was back in my private equity days, we went to China to buy a factory there...they made various small appliances... [The workers] were almost all young women..." He noted "the pittance they earned...And around this factory was a fence, a huge fence with barbed wire and guard towers."
In his 2010 book " No Apology ", Gov. Romney also recalled his trip to China: "Several years ago, I toured a factory in southeast China that manufactures small appliances like hand mixers, bread makers, and toasters...A tall barbed wire fence surrounded the facility and guard towers anchored each corner...The women worked ten-hour shifts, six days a week..."