How did Mitt Romney respond to the Washington Post article documenting the fact that, with Romney at the helm, Bain Capital specialized in outsourcing American jobs?
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.
Like a typical Republican ... Romney blamed the media. And pressured the paper for a retraction. This after refusing repeated requests from the WaPo to comment on Bain's outsourcing activity before the story went to press. And offering no public justification for the retraction request.
No dice. The Post is standing by their story ... and their reporters.
"We are very confident in our reporting," Washington Post spokesperson Kris Coratti told POLITICO following a meeting between the Post's executive editor Marcus Brauchli and Mitt Romney campaign representatives, who had sought a retraction from the paper.
Romney's campaign schedule did not help him shed the outsourcer-in-chief aura. On Wednesday he tried to "defend his job-creation bona fides" ... at a firm that does offshoring work.
On its Global Solutions page, the company offers customers access to a partner’s manufacturing facilities in “in low cost regions in Romania, Hungary, Tunisia and China.”
Even worse -- yes, worse is always possible with Mitt Romney -- the firm is located in Sterling, VA. What's special about Sterling, VA? Sterling knows Bain Capital, up close and personal.
A decade ago, the Northern Virginia suburb was home to a major circuit-board factory for the DDI Corp. DDI, based in Anaheim, CA, was a major Bain Capital investment during Romney’s tenure with the firm. Romney personally invested in the company and Romney’s name appeared on a 2001 SEC filing as a designated liaison from Bain’s management committee for the company.
While Romney and Bain made tens of millions on its investment in DDI, the company saw large layoffs in Sterling and ended up in Chapter 11 bankruptcy in 2003.
Only Mitt Romney would go to a town where he and his firm engineered the loss of almost 500 jobs and sent a local employer into bankruptcy to turn a multi-tens of-million dollars profit ... and talk about his job creation bona fides.
Believe him! For God's sake, this is exactly the kind of "job creation" we can expect if Mitt wins the White House. Negative jobs here in America, combined with big profits for high rollers.