Romney: an Ice-Pick in the Skull of American Workers

“Mitt Romney’s financial company, Bain Capital, invested in a series of firms that specialized in relocating jobs done by American workers to new facilities in low-wage countries like China and India.”

http://www.washingtonpost.com/business/economy/romneys-bain-capital-invested-in-companies-that-moved-jobs-overseas/2012/06/21/gJQAsD9ptV_story.html

What this global, borderless, world-is-flat economy effectively does, is to ressurrect the spectre of the Reserve Army of the Unemployed, first identified and decried by Karl Marx.   With labor as a fungible and disposable commodity, workers are everywhere impotent to organize -- they start to get uppity, the factory can simply skedaddle to the next unregulated Third World hellhole.

But what of that dwindling number of jobs that, by their very nature, cannot be exported, such as tending to the greenswards of the rich, or picking the arugula for their dinner parties?   The solution:  Illegal aliens, who likewise cannot organize, since they labor ever under threat of deportation.  It’s a sweet deal for the bosses, and pure poison for the working class.

For more on this hypocrite, click here:

http://worldofdrjustice.blogspot.com/2011/11/mitt-romney-blood-sucking-maggot.html


[update]  These just in, each from a Nobelist in economics:
Joseph Stiglitz:
http://www.washingtonpost.com/opinions/how-policy-has-contributed-to-the-great-economic-divide/2012/06/22/gJQAXTX2vV_story.html?hpid=z2

Paul Krugman:
 http://www.nytimes.com/2012/06/22/opinion/krugman-prisons-privatization-patronage.html?_r=1&src=me&ref=general

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Another key strategic reason for outsourcing, quite apart from labor issues, concerns what we shall dub  (fresh from the WDJ wordsmithery) the Capitalist Anus.  (We pause to allow this glittering phrase to pass into general currency.)  Most folks in CONUS would prefer that it be pointed the other way.

Remember the Bhopal disaster?  What -- you don’t?  And yet it was far larger than 9/11.   It caused a certain kerfuffle at the time, then faded.   You don’t really care, do you?  That is because, with keen corporate foresight, Union Carbide offshored its chemical plant to India.   When disaster happened (despite previous warnings; thank the low-regulation environment, still whored-for by Romney et cie.), Americans didn’t care, because the anus was pointed the other way.

The concept is quite simple, really, and can be easily grasped by capital and labor alike:  as Socrates put it, “You don’t shit where you eat.”

This insight nevertheless eludes the more Neanderthalian of Republicans, the sort that infest Texas.  (Actually that is a slander upon our ancient cousin-buddies, the large-craniumed Neanderthals;  let us dub them rather Australopithecine Republicans.)  They want to drill, baby, drill, and everyone downwind or downstream can go to hell.  Their forebears are the sort of Cloacal Capitalists (my, our wordsmithery is working overtime today) that Teddy Roosevelt battled (back when Republicans were any good).  The fracking and strip-mining types  really don’t get it;  and accordingly they are in a backwater or sidestream of the great onrushing river of history, which means to bear all before it.   Mitt Romney is smarter than these anthropoids, and (when not actively slumming for the moron vote) more moderate and more decent.   But the juggernaut he serves is just as dangerous.

[Sunday morning update] 

The Adventures of Mitt Romney and the Junk Bond King:

http://www.bostonglobe.com/business/2012/06/23/the-story-behind-mitt-romney-work-with-michael-milken-was-fun-while-lasted/FsOGLOkjWiT2TSgl76NGvM/story.html

Thrills!  Chills!  And okay -- maybe a few spills.

Michael Milken, you will recall, was one of the models for Gordon Gecko.

More sporting with high rollers:

Mitt’s Merry Adventures with the Casino King

http://www.nytimes.com/2012/06/24/opinion/sunday/what-sheldon-adelson-wants.html?partner=rss&emc=rss

No American is dedicating as much of his money to defeat Preside nt Obama as Sheldon Adelson, the casino magnate who also happens to have made more money in the last three years than any other American. He is the perfect illustration of the squalid state of political money, spending sums greater than any political donation in history to advance his personal, ideological and financial agenda, which is wildly at odds with the nation’s needs.