fiyah pon rumney

[blugiant]

Re: fiyah pon robbmee outsourcinn

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Kia</div><div class="ubbcode-body">yes between mother jones &amp; the rolling stone magazines one can get a lot of perspective on the candidates </div></div>


fiyah bunninn ting iss bout moralitee dat y fiyah affii bunn pon de mixxed race man ann robbmee. mii bunn fiyah pon de mixxed race man ann itt robbmee thyme now

yu see dat artikkle bout oww manee companees failed undar bain capital mismanagement cah vulture capitalists mekk money wen companees fail

[blugiant]

fiyah pon robbmee sweatshop investment

oww cum emparah neva poas diss?


<span style="font-weight: bold">Mr. Romney and Brookside
Invest up to $23 Million in Global-Tech Sweatshop in China</span>


“When I was back in my private equity days, we went to China to buy a factory there. It employed about 20,000 people. And they were almost all young women between the ages of about 18 and 22 or 23.... And they work in these huge factories, they made various uh, small appliances. And uh, as we were walking through this facility, seeing them work, the number of hours they worked per day, the pittance they earned, living in dormitories with uh, with little bathrooms at the end of maybe 10, 10 room, rooms. And the rooms they have 12 girls per room. Three bunk beds on top of each other. You’ve seen, you’ve seen them?.... And, and, and around this factory was a fence, a huge fence with barbed wire and guard towers.”
— Mitt Romney
Boca Raton, FL, May 17, 2012


Mitt Romney Is Responsible

“Mr. W. Mitt Romney is the sole shareholder, sole director, President and Chief Executive Officer of Brookside Inc. and thus is the controlling person of Brookside Inc. No person other than the respective owner referred to herein of shares of Common Stock is known to have the right to receive or the power to direct the receipt of dividends from the proceeds from the sale of such shares of Common Stock.”

- Brookside Capital Partners Fund LP
Form SC 13G/A filed with U.S. Securities and Exchange Commission
August 28, 1998

Despite being a major investor for 2 ½ years in the Global-Tech factory and despite his power, influence and wealth as Bain’s CEO, Mr. Romney apparently failed to speak out urging Chinese management to improve the gross working and living conditions or the pitifully low wages of its workers. Why didn’t Mr. Romney raise the International Labor Organization’s core, internationally recognized worker rights standards with Global-Tech management?

If Mr. Romney had spoken up, conditions at Global-Tech might be far better today. Sadly, in 2012 Global-Tech remains a brutal sweatshop where workers are paid starvation wages of $1.00 an hour and have no rights whatsoever.

On April 17, 1998, Mr. Romney and Brookside Capital Partners Fund filed a report with the Securities and Exchange Commission noting that they had purchased a 6.13 percent stake, or 748,000 shares in the Global-Tech sweatshop factories in China. At $19 per share, Mr. Romney and Brookside had invested $14.2 million in one of the earliest outsourcers of U.S. jobs and products.

Just four months later, Mr. Romney and Brookside upped their interest in the Global-Tech factories to 10.3 percent, which, if the share prices remained the same, would be approximately $23 million.

Then, on December 21, 1998, Mr. Romney and Brookside appeared to downsize their Global-Tech holdings to 4.63 percent of their purchased shares. However, it appears that Mr. Romney was now sharing Brookside’s stake in Global-Tech with his Sankaty High Yield Asset Investors. According to The Atlantic Wire, “Sankaty is the Bermuda-based company Romney failed to disclose on financial statements for a few years, and then transferred to his wife’s name when he became Governor of Massachusetts.” (The Atlantic Wire, July 12, 2012, Connor Simpson)

Forbes also confirmed that “by the end of 1998, Brookside was sharing its piece of Global-Tech with Sankaty High Yield Asset Investors, the mysterious Romney-owned Bermuda corporation...” (Forbes, July 12, 2012, Frederick E. Allen)



<span style="font-weight: bold">Child Labor Persists</span>

here are approximately 800 high school student &quot;interns&quot; — aged 16 to 18 years old — working at Global-Tech during the summer months. The “student interns” are typically at Global-Tech for two to three months, and work right alongside the regular workers. The only difference is that the student workers — no matter how many hours they work at night or on weekends — always get paid the same standard hourly wage. There is no holiday or overtime premium wage for them.

By law, student interns are strictly prohibited from working more than a regular eight-hour shift, Monday through Friday. But this does not stop management from forcing the exhausted young students to toil 14 ½ to 15 1/2 –hour shifts, from 8:00 a.m. to 10:30 or 11:30 p.m., seven days a week. The students are routinely in the factory over 100 hours a week, while toiling 87 ½ to 90 hours.

Many students curse their teachers and call them “liars.” They say their schools and teachers “tricked us to come to this place.” Their teachers told them they would “learn important skills here” and “easily make enough money to pay for [their] upcoming school tuition. All of it was a lie.”


<span style="font-weight: bold">Primitive and Filthy Dorms at Global-Tech</span>


Twelve workers share each primitive dorm room, sleeping on narrow, double-level bunk beds, most without even the thinnest of mattresses. The dorms are filthy, and it is common for workers to find dead rats in their rooms and hallways.

Two 40-watt bulbs dimly light the room. Each dorm room has a “bathroom,” and a squat toilet which is right next to the “shower.” To bathe, the workers must queue up with their small plastic buckets and wait their turn to fetch hot water at the spigot in the hallway. It takes more than an hour for all 12 workers to bathe, which they do by splashing water on themselves right next to the squat toilet. Frequently the hot water runs out and the workers near the end of the line must wash with cold water. After everyone has washed, the workers spend another hour washing their clothes by hand.

This means that if the workers are lucky enough to get out of work at 10:30 p.m., it still takes another two and a half hours or so for everyone to bathe and wash their clothing. They can finally stumble to their bunk beds to sleep at 12:30 or 1:00 a.m.

The dorms do not have air conditioning. There are just two small ceiling fans in each room, which provide little relief. So during the long, humid summers, workers are drenched in their own sweat, making it very difficult to sleep.


sweatshop link

[jah_yout]

Re: fiyah pon robbmee outsourcinn

Haffi bun dat out yes

Hotta lava fi dem bwoy deh