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I wonder where those old "newsletters" are now ?
While Barack Obama is keen to attack Mitt Romney for “outsourcing,” he ignores that his first job, at Business International Corporation (BIC), actually advised American firms on how best to outsource. Not only did Obama work for BIC, he actively seems to have chosen it. In fact, he worked for one of “the first research firms designed to provide information services for multinational firms,” wrote David Remnick in his sympathetic biography, The Bridge (p. 118).
“Obama was a researcher and writer for a reference service called Financing Foreign Operations,” Janny Scott for the New York Times reported in 2007. “He also wrote a newsletter, Business International Money Report.” The reports were written for senior management in large corporations and had titles like “Investing, Licensing, and Trading Conditions Abroad,” Beth Noymer Levine, a colleague, told NPR in July 9, 2008. It was, in other words, a report for corporations on how to invest and expand abroad--which is exactly what outsourcing is. [story continues...]
Can we hear this from Obama himself ?
BIC was a “sweatshop,” as one colleague recalls, where office drones banged away on WANG computers and smoked cigarettes. Obama didn’t like the job. He told his mother that it was “working for the enemy” and wrote that his brief foray into business was like a “spy” “working behind enemy lines.” He especially disliked it because “some of the reports are written for commercial firms that want to invest in those countries,” his mother wrote to her boss. In so arguing, Obama echoed the view of Marxist “dependency theory,” an economic illiteracy which holds that Third World countries are impoverished by Western imperialists who steal their wealth. The theory was fashionable at the time, especially in left-wing circles and particularly at Columbia and Occidental Colleges.
Originally posted by Indigo5
reply to post by xuenchen
Hey Xue...so I have this conspiracy theorey that Briebart actually faked his death and is in hiding, but posts under the screenname Xuenchen....
As for this OP...the first paragraph casts him as an "outsourcer"...thus anti-American...and the 2nd casts him as being anti-Outsourcing...thus a "Marxist" and anti-American...
You debunked and discredited your OP within your OP
It was, in other words, a report for corporations on how to invest and expand abroad--which is exactly what outsourcing is.
Obama: All In The Company
Barack Obama’s employment as an editor for CIA front Business International Corporation (BIC) after his graduation from Columbia University in 1983, came at a time when such small business and political risk consulting firms were mushrooming and their ranks growing with retired senior CIA personnel. The expansion of BIC and similar firms in the early 1980s also came at a time when major corporations were phasing out their internal risk departments and relying more on companies like BIC.
However, Obama’s contacts with the CIA came earlier than his work for BIC. Obama’s attendance at Occidental College in Los Angeles from 1979 to 1981 is significant considering the college’s close ties with the CIA. Occidental’s President, Richard C. Gilman, who retired in 1988, was a habitué of Los Angeles’s version of New York’s Council on Foreign Relations, the Los Angeles World Affairs Council (WAC). As a director of the WAC, Gilman rubbed shoulders with fellow WAC directors John McCone, a former CIA director; Simon Ramo, chairman of top CIA contractor TRW, Inc.; and the wealthy oil magnate Armand Hammer, chairman of Occidental Petroleum, himself no stranger to intelligence-oriented intrigue...............................