24 hours after Indiana Democrat Sen. Joe Donnelly was exposed as a total hypocrite for privately profiting off of outsourcing while publicly slamming the practice, Mexico Joe is rushing to sell up to $50,000 worth of the company’s stock.
But don’t just take my word about this being a huge issue. Watch the video of what Donnelly himself said about outsourcing at the same time he was actually increasing his investment in the company.
Instead of blaming “some folks in Washington,” Mexico Joe should take responsibility for his hypocrisy and apologize to all of the Indiana workers who lost their jobs while he was profiting from outsourcing.
Wow-@SenDonnelly says he's selling stock in brother's company after AP revealed it uses Mexican labor as Donnelly rails against outsourcing— Seung Min Kim (@seungminkim) July 14, 2017
Senator selling stock after AP ties company to Mexican labor
July 14, 2017
INDIANAPOLIS (AP) — An Indiana senator and longtime critic of outsourcing jobs to foreign countries announced Friday that he’s selling his stock in his brother’s arts and crafts company after The Associated Press reported it manufactures some products in Mexico.
The AP reported Thursday that Donnelly made at least $15,001 in dividends last year on as much as $50,000 of stock in Stewart Superior Corp., which used Mexican workers to produce dye for ink pads.
Donnelly, considered one of the nation’s most vulnerable Democratic senators up for re-election next year, was highly critical of Carrier Corp., an air conditioner and furnace maker. He accused it of exploiting $3-an-hour workers when its parent company announced plans last year to cut some 2,000 jobs at two Indiana factories by moving production to Mexico.
The National Republican Senatorial Committee quickly criticized Donnelly in a statement Friday, alleging he is “hypocritically profiting” from the company’s actions. It called on him to donate his sale profits organizations helping the families of displaced workers.
For more than a year, Stewart Superior and its subsidiaries have been shipping thousands of pounds of raw materials to Mexico, where the company has a factory that produces ink pads and other supplies, according to customs records from Panjiva Inc., which tracks American imports and exports. The finished products are then transported back to a company facility in California, the records show.
Donnelly’s brother runs the company, but the senator previously served as a corporate officer and its general counsel before he was first elected to Congress in 2006.
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