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Want More Jobs Outsourced Overseas? Romney’s Your Man!

Mitt Romney Waves Goodbye To American Jobs

Last week The Washington Post published an article about Mitt Romney’s years at Bain Capital. In short, it destroyed Romney’s oft repeated claim that, as the result of his private sector business experience, he knows how to create jobs. Indeed, the article shows that while running Bain Capital, Mitt Romney invested in companies which contributed to a vast outsourcing of American jobs to foreign countries.

The article spotlighted the Securities and Exchange Commission (SEC) filing of six companies and reported that Computer Software, Inc. outsourced its call centers to Europe and Japan, Stream International Inc. shipped its call center operations to Asia and Europe, Modus Media Inc. outsourced jobs to Australia, Europe and Asia, GT Bicycle Inc. shifted manufacturing to China, SMTC moved jobs to Ireland and Mexico and McKinsey Global Institute reported that it shifted about $20 billion of its information technology work out of the United States.

This revelation of the extent to which Romney’s Bain Capital contributed to American job losses is very bad news for the campaign which states that his private sector experience proves he knows how to create jobs in America (or as Romney says, “Amercia“). On the contrary, it reinforces the undeniable fact that during his only stint as an elected executive in the public sector (as Governor of Massachusetts) his state was ranked a lowly 47th in the nation in job creation during an economic boom.

The Romney campaign is now in “full damage control” mode. It unsuccessfully attempted to counter the job outsourcing news last weekend. First, spokesperson Andrea Saul said, “This is a fundamentally flawed story that does not differentiate between domestic outsourcing versus offshoring nor versus work done overseas to support U.S. exports.  Mitt Romney spent 25 years in the real world economy so he understands why jobs come and they go.” The campaign also sent spokesperson Ed Gillespie out to the Sunday morning talking head shows. While appearing on CNN’s “State of the Union”, Gillespie referred to The Washington Post articles as “a breathless headline over a baseless story.” Gillespie also unsuccessfully attempted to imply that Bain Capital did not “offshore” jobs overseas, but “outsourced” them to other places within the United States. He said, “I think the reporter confused the notion of outsourcing — which happens all the time when you don’t do all of your services in house, you go outside — to moving jobs offshore.”

Neither Saul nor Gillespie however, explicitly stated that Bain Capital did not control or invest in companies which  sent jobs overseas. Indeed, The Waashington Post article specifically states that the 6 companies which were the subject of the article shipped jobs to China, Australia, Ireland and India.

Looks like the Romney campaign still has a lot of “splainin’ to do!

Please remember to click on the song link below to familiarize yourselves with the tune and to have more fun singing along with today’s song parody.

Baby, You’re A Rich Man” song link:  http://www.youtube.com/watch?v=S8ZnI-ZO8Eo

ROMNEY, YOU’RE A RICH MAN

 (sung to the Beatles song “Baby, You’re A Rich Man”)

How does Mitt feel to be
One of the “beautiful people”?
Now we all know just who you are
Privileged and G.O.P.
And now you are Donald Trump’s star
That’s some stupidity

How does Mitt feel to be
One of the “beautiful people”?
So striking with perfect hair
Rolling in lots of dough
Mitt loves tax codes that are not fair
His tax rate is so low

Romney, you’re a rich man
Romney, you’re a rich man
Romney, you’re a rich man too

Mitt keeps all your money in an offshore bank, that’s what you do
What a thing to do

Romney, you’re a rich man
Romney, you’re a rich man
Romney, you’re a rich man too

How does Mitt feel to be
One of the “beautiful people”?
Inheritance from Daddy
Nothing to do with gays
Layoffs with jobs sent overseas
Happy it is that way

Romney, you’re a rich man
Romney, you’re a rich man
Romney, you’re a rich man too

Mitt keeps all his money in an offshore bank, that’s what you do
What a thing to do

Romney
Romney, you’re a rich man
Romney, you’re a rich man
Romney, you’re a rich man too…

Obama Flies While Mitch Daniels Lies

As everybody knows, President Barack Obama delivered his third State of the Union Address last night. The speech consisted of a mixing of his administration’s accomplishments, its upcoming priorities, his direct challenge to Congress to get things done and his assurance that America is continuing to recover from its economic woes and will thrive as the result of his proposed policies.

The address opened with Obama describing the heroic efforts of the Navy Seals carrying forth his command to enter Pakistan and neutralize 9/11 mastermind Osama bin Laden. He said, “For the first time in two decades, Osama bin Laden is not a threat to this country.” He followed that by re-capping a long list of his policies such as health care reform, Wall Street reform, tax breaks to the working/middle class, the creation of the Consumer Financial Protection Agency, the saving of the automotive industry , the job-creating stimulus plan. He backed up his accomplishments by stressing the undeniable facts that the economy has added nearly 3.2 million private-sector jobs over the last 22 months, and American manufacturing is creating jobs for the first time since the late 1990s and that the American auto industry has added 100,000 jobs in the last year, and U.S. oil production is at the highest level in eight years.

Obama then moved on to a list of priorities to be tackled next. He proposed more clean energy development and the creation of a China Task Force to combat trade violations. He also proposed individual tax relief to the working/middle class while allowing the Bush tax cuts to expire for the wealthy who have profited most in the last several years. He repeated his longstanding call for the wealth to pay more in taxes, including a specific proposal for millionaires to have a tax rate of 30%. He proposed an administrative order to  mortgage lenders to ease restrictions which would allow homeowners to refinance at today’s historically low interest rates and he called for enhanced education and job training initiatives.

Obama then placed pressure directly on the Republican controlled House of Representatives. He informed Americans that Congressional obstructionism was preventing an economic recovery by means of blocking his initiatives. He adamantly stated, “I intend to fight obstruction with action, and I will oppose any effort to return to the very same policies that brought on this economic crisis in the first place.” With regard to extending the payroll tax cut for wage earners, Obama defiantly said, “Let’s agree right here, right now: No side issues. No drama. Pass the payroll tax cut without delay.”

He stole the thunder of Republicans by calling for lower corporate taxes but only for those businesses that bring jobs back to the United States. He called for ending tax subsidies to those businesses which continue to outsource jobs. He said, “Tonight, my message to business leaders is simple: Ask yourselves what you can do to bring jobs back to your country, and our country will do everything we can to help you succeed,”  He also said that every multinational company should pay a basic minimum tax, while giving American manufacturers a tax cut. He challenged Congress to send him a bill which accomplishes those things right away so that he can quickly sign it into law.

He also challenged Congress to act on comprehensive immigration reform, a major election-year issue for the important Hispanic-American vote. Short of a major overhaul, he called for legislation like the DREAM Act that provides children of illegal immigrants who go to college or serve in the military a path to possible citizenship. Again, he told Congress to send him a bill which accomplishes those things right away so that he can quickly sign it into law.

Obama went so far as to say that if Congress is unable or unwilling to advance his initiatives, he will not sit still. He said, “With or without this Congress, I will keep taking actions that help the economy grow.” He announced that via executive order, the Defense Department will make history’s largest renewable energy purchase — totaling 1 gigawatt. He also announced that his administration is announcing the opening of new off-shore oil fields.

Obama concluded by saying, “The nation is great because we get each other’s backs. And if we hold fast to that truth, in this moment of trial, there is no challenge too great, no mission too hard. As long as we’re joined in common purpose, as long as we maintain our common resolve, our journey moves forward, our future is hopeful, and the state of our Union will always be strong.”

In contrast to the President’s fact-laden address, the Republican rebuttal was (as usual) comprised of misinformation, deception, a lack of any specific proposals and at least one pure and outright lies. The rebuttal was delivered by Indiana governor Mitch Daniels in an empty museum building which was symbolic of his statement’s empty rhetoric. Daniels was somewhat of an odd choice for the GOP inasmuch as Indiana’s unemployment rate has climbed higher than the national average. His opposition to the auto rescue could have cost Indiana more than 147,000 jobs and he has completely flip-flopped on right-to-work legislation.

Daniels opened with a whopper of a lie. he said, “The President did not cause the economic and fiscal crises that continue in America tonight. But he was elected on a promise to fix them, and he cannot claim that the last three years have made things anything but worse.” The truth is that for the last several months prior to Obama’s election, the economy was losing between 600,000 and 800,00 jobs per month. Indeed, U.S. nonfarm employment stood at just more than 137 million jobs in July 2008, before the already-under-way recession turned into a nosedive following that September’s financial crisis. By January, when Obama took office, the figure had fallen to about 133.5 million — a loss of about 3.5 million jobs, according to the U.S. Bureau of Labor Statistics and an additional 4.3 million jobs were lost before Obama’s stimulus policies took hold in February 2010. From that date onward however, the economy has added (not lost) jobs for 23 out of the last 24 months. Since that job growth resumed, the economy has added about 3 million jobs. Additionally, The gross domestic product, the prime measure of economic strength, shrank by a severe 6.8 percent annual rate before Obama became president. The declines eased after he took office and economic growth, however modest, has resumed. Also, the recession officially ended six months into Obama’s presidency. The facts prove that there is no denying that the economy has improved under Obama.

Daniels lied yet again when he said “The late Steve Jobs – what a fitting name he had – created more of them than all those stimulus dollars the President borrowed and blew.” The truth is that Apple employs only about 60,000 workers, according to its filings with the Securities and Exchange Commission. As just stated above, the Bureau of Labor Statistics confirms that since the Stimulus policies came into full effect, the economy has added about 3 million jobs.

The Republicans’ alternative plan for economic recovery was explained by Daniels as follows: “So 2012 is a year of true opportunity, maybe our last, to restore an America of hope and upward mobility, and greater equality. The challenges aren’t matters of ideology, or party preference; the problems are simply mathematical, and the answers are purely practical.” Did Daniels go on to define or explain exactly what he characterized as these “mathematical problems”? Nope! Did he define or explain the Republicans’ “purely practical” solutions? Nope! Nada! Nothing! Not even one single specific policy proposal.

Bottom line: Obama soared last night while Daniels and the Republicans took a nose dive.

Today’s song parody takes a rapid-fire look at Republicans past, present and future. Please remember to click on the song link below to familiarize yourselves with the tune and to have more fun singing along with the parody.

We Didn’t Start The Fire song link: http://www.youtube.com/watch?v=eFTLKWw542g&ob=av2e

WE DIDN’T START THE LYING

(sung to the Billy Joel song “We Didn’t Start The Fire”)

Ronald Reagan, Larry Craig, Mark Sanford, Tom Delay
Michelle Malkin, Michele Bachmann, “Goin’ with the flow”

Joe McCarthy, Richard Nixon, Howard Baker, lack of vision
Spreading Fear, Acting queer, and ole Sixpack Joe

No icebergs, H-Bomb, “Pay for play”, “Hockey Mom”
Landrieu, Hamid Karzai, and that Michael Savage guy

Ivy tower, Van Flein, Tea-bagger party scene
Party of “No”, Tim Pawlenty, Let’s watch Glenn Beck cry

These are G.O.P. liars
Shy away from learning
Keep our stomachs turning
Burning their cross of fire
We watched them light it
And they can’t deny it

Vitter’s fallin’, Ginny Foxx, Boehner and Inhofe
Mitch McConnell, small umbrella, Talking the talk

Spin Zone, Rent to own, Straight martini, Bank loan
Russian view and Pastor Haggard’s flock

Sex crimes, Grassley, John McCain is “Mavericky”
Lining pockets, health care plan, Giuliani, Limbaugh Land

Barrasso, Fake protest, Tom “The Hammer”, Chambliss
Senate race, Lack of grace, and Melvin Martinez

These are G.O.P. liars
Shy away from learning
Keep our stomachs turning
Burning their cross of fire
We watched them light it
And they can’t deny it

Loaded Glock, SarahPAC, Sam Alito, Johnny Mack
Jindal, Right to die, Tripp’s father is Levi

Pentagon, Border wall, We must deport them all
Bed-wetters, genocide, No assisted suicide

Bush’s folly, Torture, Dick Cheney, Blackwater
Hate groups, Castro, John Ensign and his ‘ho

First Dude, Hannity, Mann Coulter and O’Reilly
Scooter Libby, Karl Rove, Sarah Palin’s “Sixpack Joes”

These are G.O.P. liars
Shy away from learning
Keep our stomachs turning
Burning their cross of fire
We watched them light it
And they can’t deny it

Kay Bailey, Muslims, K Street is full of bums
Villains, Pearlman, Iraqi Invasion

Health reform hysteria, Sarah Palin mania
Shameless G-Men, War in Afghanistan

Ron Paul, Airport sex, They don’t want no litmus test
Kneel and pray, Always “nay”, Can’t get married if you’re gay

These are G.O.P. liars
Shy away from learning
Keep our stomachs turning
Burning their cross of fire
We watched them light it
And they can’t deny it

Birth control, Lives of sin, They like folks that have white skin
Buckshot, Dow stock, Loud mouthed chicken-hawks
Takin’ Bacon, Palestine, Palin is no friend of mine
Now they have nukes in Iran, Couldn’t stop the Taliban

Makin’ fortunes, Soldiers die, Did we mention Glenn Beck cried?
Foreign debts, Homeless vets, Exposed by three jets
We voted them out the door, Now they’re just a mouse that roars
Spider holes and unjust wars, I can’t take them anymore.

These are G.O.P. liars
Shy away from learning
Keep our stomachs turning
Burning their cross of fire
We watched them light it
And they can’t deny it
(repeat chorus to fade)

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