Nancy Pelosi Made $1-5 Million from Company that Outsourced Jobs to Asia
The Democrats' hypocrisy on outsourcing continues. As they attack Mitt Romney for being an outsourcer, it was revealed that President Barack Obama sent stimulus money -- U.S. taxpayer dollars -- overseas, and the Republican National Committee (RNC) called him out on it yesterday.
Now, it seems like former House Speaker Nancy Pelosi has benefited from companies that outsource jobs to Asia to the tune of between $1 million to $5 million.
According to The Daily Caller:
According to Pelosi’s 2011 financial disclosure statement, the Democratic House Minority Leader received between $1 million and $5 million in partnership income from ”Matthews International Capital Management LLC,” a group that emphasizes that it has a “A Singular Focus on Investing in Asia.” A quick trip to the company website reveals a featured post extolling the virtues of outsourcing.
According to the same report, "Pelosi is also a small investor in the embattled “Moduslink Global,” one of the “outsourcing pioneers” that Mitt Romney has been criticized for associating with while at Bain Capital."
This is yet another example of Democrats saying one thing while their actions reveal another.