Mitt Romney, the Republican presidential candidate had been criticized by some of the Democratic leaders that he is the pioneer in outsourcing jobs overseas and keeping his resources in several foreign banks. Ted Strickland, the previous Ohio Governor said that Mitt Romney lives in altered code, American employees are only figure on a spreadsheet for him and whether generated at their place or overseas, acquisitions are all even.
Strickland added that, today they observe that their region was produced by pioneers not by pioneers that search the offshore revenues at the stake of the American employees in their state but the pioneers who recognized hidden venture in seeking freedom. Romney pretentiously wrote an op-ed let Detroit go bankrupt, but devastation would have tumbled from Michigan to Ohio and all over the region.
Romney never realize of creating something when he could gain by breaking it down and if the Santa Claus is Mitt Romney, he probably outsource the elves and terminate the reindeer. As Romney was planning out some business, the companies that are pioneers in outsourcing was the one he preferred to invest in said by the International President of the Service Employees International Union, Mary Kay Henry.
He testified that he offered some firms with debt and when they were already bankrupt, he runs out with the money while employees lost their jobs, health care and their pensions. Mitt Romney stated that the United States need less teachers, firefighters and police officers, oppositely with Barack Obama in enhancing public education and public safety. Ryan and Romney would stop the Medicare guarantee and substitute it with voucher to gain bigger tax breaks to billionaires, instead of thinking the safety of their senior citizens.
They protected their wealth in Swiss bank accounts and send the jobs in China rather than investing in their own state, this was according to Martin O’Malley, Maryland Governor. He said that Swiss bank accounts never created a connection in the U.S and it never generated jobs for American people, they never put teachers in their classrooms or the cops in the beat.
Harry Reid, the Senate Majority Leader said that in the whole history of the United States it was the first time that someone is hiding himself from the people he wishes to serve. He added that rather than choosing the American institutions, he selected Cayman Island tax shelter and Swiss bank accounts, he pays less tax rate than the mid-class families.
REFERENCES:
http://articles.economictimes.indiatimes.com/2012-09-05/news/33616123_1_mitt-romney-swiss-bank-accounts-pioneers
http://www.thehindubusinessline.com/flbl.jsp
http://www.thehindubusinessline.com/news/international/article3861492.ece?css=print
http://article.wn.com/view/2012/09/05/Democratic_leaders_accuse_Mitt_Romney_of_outsourcing_jobs_ov/