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Romney shipping jobs overseas

| November 3, 2012 7:00 AM

Paul Singer, who is Mitt Romney’s number one donor and behind Paul Ryan in being picked for vice president, is infamous for buying up debt from countries that are going through some kind of disaster for pennies.

Singer then put a lien on foreign aid money meant to fight poverty, which is now illegal in most countries.

Another scheme was with his group, ironically called “Restore America,” that bought Delco which is the primary parts manufacturer for General Motors, bought on the cheap and includes none other than Mitt Romney. They then threatened to shut down General Motors if they did not hand over $12 billion. At that point they shut down 28 of the 29 factories, robbed the pension fund and sent 29,000 jobs to China. Singer’s group made billions and Romney’s made $5-100,000,000.

While Mitt claims jobs and the deficits are America’s most pressing problem, he added $400,000 per man to the deficit to ship jobs to China.

DENNIS SHELLHORN

Sandpoint