InvestorsHub Logo
Followers 80
Posts 82226
Boards Moderated 2
Alias Born 12/26/2003

Re: pro_se post# 111423

Friday, 10/15/2010 1:51:40 PM

Friday, October 15, 2010 1:51:40 PM

Post# of 490260
Chamber funded by top offshoring companies

Fri Oct 15, 2010 at 07:30:03 AM PDT

While many of the Chamber's political attack ads are aimed at hitting Dems for their "anti-job record," a lot of their funding is coming from companies who have chosen to take those jobs overseas. ThinkProgress DETAILS how "the U.S. Chamber of Commerce actually works to send jobs overseas on behalf of its corporate members, which include some of Asia’s top offshoring companies."

The Chamber’s anti-American jobs agenda serves not only the profit-seeking of right-wing corporate executives in the United States, but also works to send jobs overseas to the following outsourcing companies, who are some of the dozens of FOREIGN CORPORATIONS that pay member dues to the Chamber of Commerce’s 501c(6) account, which is used to fund its political ads:

– KPIT Cummins, Pune, India (at least $7,500 in annual member dues): “Strategic global networking, together with industry-proven practices & processes, give KPIT Cummins a cutting edge in the realm of OUTSOURCING.

– Patni Americas, Mumbai, India ($15,000): “Patni, the world leader in IT OURSOURCING and BUSINESS process OUTSOURCING provides offshore software development, global sourcing, custom software development, and a vast array of product engineering and IT services to companies worldwide.”

– NIIT Technologies, Delhi, India ($15,000): “Leadership in the area of OURSOURCING.”

– QuEST Global, Singapore ($7,500): “QuEST is a leader in the ENGINEERING services OUTSOURCING (ESO) space.”

– Rolta, Mumbai, India ($7,500): “Rolta’s global footprint and track record along with its capable OFF-SHORING model gives it a unique positioning in this large market.”

– SKP Crossborder Consulting, Mumbai, India ($7,500):“SKP’s core OURSOURCING practice is managed out of a fully equipped, spacious premises based in Pune with access to facilities in Mumbai, Hyderabad, Delhi and Bangalore.”

– Wipro, Bangalore, India ($15,000): “India’s BIGGEST destination for U.S. OFF-SHORING”

They're using money, some of it from foreign sources, to buy a new Congress that will pass legislation that's makes it even easier and more profitable for companies to send jobs overseas.

* ::

http://www.dailykos.com/storyonly/2010/10/15/910433/-Chamber-funded-by-top-offshoring-companies
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.