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Who’s the worst outsourcer in today’s presidential race? It isn’t Mitt Romney – it’s Barack Obama.
Obama’s second largest fundraiser is John Rogers, the CEO of investment giant Ariel Capital Management. He has raised more than $1.5 million for Obama’s reelection campaign. Bully for him, except for one thing: Ariel Capital Management owns a $48.6 million stake in Accenture, which just happens to be, according to the International Association of Outsourcing Professionals, the nation’s “best” outsourcer.
And that’s not all for Rogers; he stated that he wants to intensify the trend that started with moving call centers and factories overseas to outsourcing “day-to-day activities” including pest control, landscaping, and secretarial functions. And Rogers isn’t ashamed one bit:
“We’re making a very big bet right now on outsourcing. People have generally soured on the idea, and many companies are trading at discounts to their private-market values. But we don’t think that view accurately reflects the powerful secular growth we’re going to see as companies and individuals outsource more of their day-to-day activities.”
Of course, Rogers isn’t just anyone; he and Obama were buddies in Chicago, and Rogers’ ex-wife Desiree left a $350,000 per year job at Allstate Insurance Company to serve as White House party planner.
Originally posted by LDragonFire
Romney personally exported jobs out of the country. Obama is being supported by one of these exporters.
Huge difference!!
Originally posted by Destinyone
Originally posted by LDragonFire
Romney personally exported jobs out of the country. Obama is being supported by one of these exporters.
Huge difference!!
No....huge difference... Obama's supporter will be expecting major payback in the form of *special* treatment...kinda like Solyndra being owned by some of Obama's major big buck supporters last time around.
Des
Originally posted by LDragonFire
Romney personally exported jobs out of the country. Obama is being supported by one of these exporters.
Huge difference!!
John Rogers: We’re making a very big bet right now on outsourcing. What’s nice about outsourcing from an investment perspective is that it goes through up-and-down cycles of market interest. Now people have generally soured on the idea, and many companies are trading at discounts to their private-market values. But we don’t think that view accurately reflects the powerful secular growth we’re going to see as companies and individuals outsource more of their day-to-day activities.
Originally posted by buster2010
Yes there is a difference. Obama is not personally responsible for the outsourcing Romney did get personally involved with the outsourcing. How can you say there is no difference?
Originally posted by neo96
Obama's outsourcing is far worse just ask Immelt how many GE jobs were outsourced to China, and just ask 88 million Americans who are out of work or under employed.
If fact ask Obama how many jobs were "created or save" in the last 4 and half years, and yeah Solyndra is prime example.
So who appointed a ceo of one of the worlds largest corporations that pays no taxes, and has a bad habit of outsourcing?
Originally posted by jam321
reply to post by neo96
So who appointed a ceo of one of the worlds largest corporations that pays no taxes, and has a bad habit of outsourcing?
Yeah, why did he appoint that Life Time Republican?