While Hillary and Bill Clinton were busy giving away the United States of America through NAFTA, GATT and China’s most favored Nation Trading Status, Mitt Romney was equally busy filling his pockets at American’s expense.
“Modus Media grew rapidly. In December 1997, it announced it had contracted with Microsoft to produce software and training products at a center in Australia. Modus Media said it was already serving Microsoft from Asian locations in Singapore, South Korea, Japan and Taiwan and in Europe and the United States.
Two years later, Modus Media told the SEC it was performing outsource packaging and hardware assembly for IBM, Sun Microsystems, Hewlett-Packard Co. and Dell Computer Corp. The filing disclosed that Modus had operations on four continents, including Asian facilities in Singapore, Taiwan, China and South Korea, and European facilities in Ireland and France, and a center in Australia.
“Technology companies, in particular, have increasingly sought to outsource the business processes involved in their supply chains,” the filing said. “. . . We offer a range of services that provide our clients with a one-stop shop for their outsource requirements.”
According to a news release issued by Modus Media in 1997, its expansion of outsourcing services took place in close consultation with Bain. Terry Leahy, Modus’s chairman and chief executive, was quoted in the release as saying he would be “working closely with Bain on strategic expansion.” At the time, three Bain directors sat on the corporate board of Modus.
The global expansion that began while Romney was at Bain continued after he left. In 2000, the firm announced it was opening a new facility in Guadalajara, Mexico, and expanding in China, Malaysia, Taiwan and South Korea.” (Source)
“Job loss occurred in all states and the District of Columbia, but given that the trade deficit in computer and electronic parts sector grew the most – and accounted for 39.6 percent of total job losses – the hardest hit state was California, which lost more than 560,000 jobs. The three hardest-hit congressional districts were all in Silicon Valley and among other cities, included Palo Alto, San Jose and Cupertino.” (Source)
The Globalists, like Mitt Romney, Glenn Beck and Hillary Clinton tell us that Free Trade makes American Businesses more competitive in the global marketplace. In reality, it only enriches .01% of the population at the expense of the 99.9% that buy into the lies.
“In Beijing, IT and internet professionals take the top spot. That category consists of web developers, software engineers, and everything in between. They make a median RMB 9,420 (US$1,515) per month. By comparison, the median salary for a web developer in America is US$4,473, according to compensation information firm PayScale. In San Francisco specifically, the monthly wage jumps to US$6,393.”
So, after Americans spend and average of $50,000 on a 4 year degree in computers, if they want to compete in the global marketplace they must agree to a salary of less than $1515 per month. This would bet them far below poverty levels in the United States.
The estimated value of the World’s entire consumer market is 43 trillion dollars. The United States is $11.4 trillion of that 43 trillion. China is 3.3 trillion, one third the size of the US market. Japan is 2.9 trillion. In other words almost 25% of all the worlds consumer products are sold within the borders of the United States.
We don’t need to compete with the rest of the world in a race to the bottom, in an attempt to build the wealth of 1/10 of 1% of the world’s population. They need to compete with us. Tariffs that are wage based would force the greedy Oligarchs to relocate production back into the United States where it belongs.
Of course, such a move would never happen with a Globalist like Hillary Clinton in the White House, or with naive Americans throwing their votes at Mitt Romney’s third party candidates.
Trump is the ONLY candidate that has identified the problem and expressed a willingness to fix it. As a result, he is now opposed by Globalist Republicans and the Oligarch owned media. We can’t afford to listen to their Siren Song any longer. We must Vote Trump.