Wednesday, July 25, 2012

WHO DO WE BLAME (FOLLOW THE MONEY)

1 comment:

  1. Tony Anziano, a program manager at the California Department of Transportation explains what happened next, “There was a $400 million differential in that bid and in that case it would have required the work to go international.”

    You see, when California decided “not” to use any Federal money for the project the state was no longer bound by Federal law to use US Steel; they had the freedom to go elsewhere and this time the elsewhere was China.

    So who is Shanghai Zhenhua Heavy Industries? Let’s take a little closer look at this manufacturing giant.

    First of all they are owned by China Communications Construction Co who in turn is owned by the Chinese government. Convenient.

    They have access to a wealth of cheap labor…Chinese workers make $12 a day toiling from 7 a.m. till 11 p.m., seven days a week, and sleep in a company dorm room.

    They have easy access to the large sums of money required in contracting since they are state owned.

    ReplyDelete