Corn on MSNBC: Did Romney Profit From Outsourcing to China?


David Corn appeared on MSNBC’s The Last Word to explain his latest major scoop reporting on Mitt Romney’s time at Bain Capital. Corn discovered that Romney invested millions in a Chinese firm that profited from US job outsourcing. From the article:

This previously unreported deal runs counter to Romney’s tough talk on the campaign trail regarding China. “We will not let China continue to steal jobs from the United States of America,” Romney declared in February. But with this investment, Romney sought to make money off a foreign company that banked on American firms outsourcing manufacturing overseas.

Read more about the mystery of Mitt Romney’s exit from Bain and how he invested in a medical-waste firm that disposed of aborted fetuses.

David Corn is Mother Jones’ Washington bureau chief. For more of his stories, click here. He’s also on Twitter.

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THE BIG PICTURE

You expect the big picture, and it's our job at Mother Jones to give it to you. And right now, so many of the troubles we face are the making not of a virus, but of the quest for profit, political or economic (and not just from the man in the White House who could have offered leadership and comfort but instead gave us bleach).

In "News Is Just Like Waste Management," we unpack what the coronavirus crisis has meant for journalism, including Mother Jones’, and how we can rise to the challenge. If you're able to, this is a critical moment to support our nonprofit journalism with a donation: We've scoured our budget and made the cuts we can without impairing our mission, and we hope to raise $400,000 from our community of online readers to help keep our big reporting projects going because this extraordinary pandemic-plus-election year is no time to pull back.

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