Hillary Clinton
Related: About this forumKoch-backed "Freedom Partners" puts out pro-Sanders video on Ex/Im Bank
Bernie Sanders is the star in a new video put out by Freedom Partners, the center of the Koch political empire.
"Bernie Sanders is right about the Export-Import Bank," declares the video.
...
Sanders ought to check his facts. The Export-Import Bank actually runs at a profit, and returned about $650 million to the U.S. Treasury in 2014. And the money to underwrite Boeing jet sales filters down to a myriad of small subcontractors.
In any event, remarks by the self-described democratic socialism are being celebrated by Freedom Partners.
http://www.seattlepi.com/local/politics/article/Groups-backed-by-Koch-brothers-sing-Sanders-6880281.php?cmpid=twitter-desktop
SunSeeker
(51,574 posts)Like his vote against the TARP bill which contained the auto bailout money.
And his ridiculous opposition to the Export-Import Bank.
Armstead
(47,803 posts)Meet Stephen Gentry. His story begins 10 years ago, when then a Boeing engineer for 15 years, Gentry was called into the office during Christmas vacation and told that he was being laid off. His job was going to be outsourced.
And it got worse: He was informed that he had to train his Indian replacement.
His bosses told him, he recalls, to "hide and cover up my feelings, and be grateful."
He says that he will never forget when the team's replacements from Infosys in Bangalore, India, showed up at Boeing's Seattle office for three months of training. Boeing managers told Gentry and his team of 10 co-workers that their pensions and severance packages hung in the balance of proper completion of the three-month training. (Neither Boeing nor Infosys responded to requests for an interview from AOL Jobs.)
Gentry knew that he had to be a good corporate soldier, but on the day before the Indians arrived at Boeing's offices, Gentry recalls that he and his team received emails from Boeing higher-ups instructing the American workers to make the Indians feel "at home and welcome." He dashed off a half-joking email to his boss, writing, "So we're teaming with the enemy?"...
....He went on a vacation to the Grand Canyon, optimistic. He was expecting there would be "more opportunities very soon."
But the nine years that followed were tough. He bounced from one contract job to another, holding only one staff position -- with a contractor of the the Securities and Exchange Commission -- for a year.
Gentry's story is not uncommon. Outsourcing jobs overseas, or offshoring, has become routine in the last decade, as companies cut costs by maintaining divisions in foreign countries where labor is cheaper. An analysis completed by the Wall Street Journal found that U.S. multinationals outsourced 2.4 million jobs overseas from 2000-2010.
SunSeeker
(51,574 posts)But killing the bank will accelerate offshoring as companies seek to cut costs due to lack of funding.
Armstead
(47,803 posts)Their culture is to follow Jack Welch's motto of the bottom line over everything, including commitment to community or national loyalty.
PM Martin
(2,660 posts)So where does Bernie really stand in terms of Castro?
anotherproletariat
(1,446 posts)they're running pro-Bernie ads. There is a good reason why there has not been one shred of negative campaigning against Bernie...they are leaving him totally alone in the hopes that he gets the nomination. They know that several months of commercials with a hammer and sickle in the background, and quoting him saying he will raise taxes, wearing a yamaka (or talking about being agnostic) - or both, and vowing to legalize pot will send his poll numbers plummeting. Though most of us on the left could care less about these things, imagine the effect of those images on the righties who want to ban Muslims, build a wall, and want to a christian based government. They will eat it up.
Thinkingabout
(30,058 posts)Isn't the only corporation using Export-Import. Lockheed Martin is getting corporate welfare on the F-35 program which is experiencing high cost overruns. Among defense contractors how much of the contracts goes to Lockheed Martin.
iandhr
(6,852 posts)Last edited Thu Mar 10, 2016, 11:56 AM - Edit history (1)
pandr32
(11,588 posts)Armstead
(47,803 posts)SharonClark
(10,014 posts)fleabiscuit
(4,542 posts)BS gets a super pac.