Posted on 07/14/2017 3:47:11 PM PDT by RightGeek
Sen. Joe Donnelly (D-Ind.), who faces a tough re-election campaign next year in a state that President Donald Trump won last November, has personally benefited from the very job outsourcing he has railed against for years. Specifically, he attacked Carrier Corp. for moving manufacturing jobs to Mexico last year, at the same time as he profited from a family business which relies on Mexican labor.
In 2016, the very year when Donnelly attacked Carrier, the senator made between $15,001 and $50,000 in dividends from stock he owns in an arts and crafts business owned by his family, the Associated Press (AP) reported Thursday.
For more than a year, Stewart Superior Corp. and its subsidiaries have been shipping thousands of pounds of raw materials to Mexico. The company owns a factory south of the border which produces ink pads and other supplies, the AP reported after examining customs reports from Panjiva Inc., which tracks American imports and exports. The finished products are sent to California.
Donnelly previously served as a corporate officer and general counsel for Stewart Superior before he was first elected to Congress in 2006. While his brother now owns the company, the senator, who filed a disclosure form in May, reported owning as much as $50,000 in company stock and earning between $15,001 and $50,000 in dividends last year.
On Stewart Superior's website, the company claims that its Mexican factory "brings economical, cost competitive manufacturing and product development to our valued customers."
[SNIP]
(Excerpt) Read more at pjmedia.com ...
I hope his opponent hits him hard on this.
Trump earned his millionaire status the rats steal it
Too early in the election cycle to have any effect.
$50,000 in stock yields $15,001 to $50,000 in dividends? Nice deal if you can get it.
If Republicans exempt themselves from tje new healthcare law this scumbag will be re-elected in a landslide.
That’s what I was thinking too. Quite an investment!
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