July 13, 2012

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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We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

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