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Friday, July 20, 2012

The Chickens of Globalization Come Home to Roost #tcot

By Patrick J. Buchanan - 20 July 2012

Mitt Romney is today the beneficiary of some desperate counsel from alarmed Republicans on how to escape the snare in which he has found himself.

Democrats are charging that Mitt was still chairman and CEO of Bain Capital between 1999 and 2002, when the company was advising some of America’s premier outsourcers.

The facts are in dispute. But the evidence seems on the side of the Romney camp — that Mitt did not run Bain after he went off to fix the Salt Lake City Olympics. Yet the matter raises a larger question.

What has the Republican Party got against outsourcing?

Does not the party establishment preach the gospel of free trade?

Did not the Republican Party come to the rescue of NAFTA and GATT when Bill Clinton cried for help in fighting off the wicked protectionists?

Did not the GOP foreign and economic policy elite endorse entry into a World Trade Organization where we have no veto and one vote?

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