HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Mitt Romney's Bain Made M...
Introducing Discussionist: A new forum by the creators of DU

Tue Oct 9, 2012, 06:51 AM

Mitt Romney's Bain Made Millions On Big Tobacco In U.S., Russia

Source: Huffington Post

WASHINGTON -- As the Soviet Union splintered in the early-1990s, Sushovan Ghosh packed his colleagues into a van and chugged across the collapsing nation, hitting depressed towns and famished cities, busted up factories and lonely kiosks. In each ragged destination, they stopped long enough to interview cigarette smokers. Ghosh plied the citizenry with free cigarettes and, sometimes, McDonald’s hamburgers.

They were pursuing a lucrative target: determining what Russian smokers wanted out of a cigarette -- specifically, a Western cigarette. "We had to develop a brand the Russians would smoke," Ghosh explained to The Huffington Post. For one study, they interviewed more than 1,000 smokers. "We stopped the bus and offered them cigarettes. And they all queued." Ghosh’s work for cigarette companies was chaotic, unbridled and, ultimately, deadly. To Mitt Romney and his colleagues at Bain & Co., it was a chance to rake in money. Ghosh said he reported directly to Romney, who was excited about the Russian market. "He was my boss," Ghosh said.

(Before Bain 7% of Russians smoked.) After Bain:

The effect of BAT and other multinationals on Russian public health has been devastating. A late-'90s survey of 15 years in Russia found that 24 percent of males and 22 percent of females smoked. The numbers keep rising. A 1999 Global Youth Tobacco Survey in Moscow found that nearly 40 percent and 30 percent of Russian boys and girls from grade 7 to grade 10 are smoking. According to a 2009 Global Adult Tobacco Survey, the smoking rate among Russian women ages 19 to 24 is now among the highest in the world -- 37.9 percent.

Russian teens could not avoid the cigarette industry if they tried. In Russia, tobacco companies manufacture certain cigarette brands to look like candy. Some offer peach and bubblegum flavors. "They are everywhere," explained Maria Skatova, press secretary of the Russian Coalition for Tobacco Control. Cigarette ads appear in glossy magazines, in movie theaters. Cigarette brands are advertised on backpacks. Companies run sales promotions -- for example, if you buy three packs, you could win an iPad."I noticed a Marlboro ad in a hospital for children," Skatova said. Ireena Slavina, the reporter from the town of Nizhny Novgorod, said her own son started smoking when he was about 12. His brand was Pall Mall, a BAT product. "I felt pain at the moment when I found my son is a smoker," she said. Last week, her son, now 20 years old, told his mom he has quit.



Read more: http://www.huffingtonpost.com/2012/10/09/mitt-romney-bain-tobacco_n_1949812.html



Mitt Romney: Death Merchant To The World

9 replies, 2861 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 9 replies Author Time Post
Reply Mitt Romney's Bain Made Millions On Big Tobacco In U.S., Russia (Original post)
onehandle Oct 2012 OP
Berlum Oct 2012 #1
dotymed Oct 2012 #2
Spider Jerusalem Oct 2012 #3
railsback Oct 2012 #4
Liberal_Stalwart71 Oct 2012 #5
highplainsdem Oct 2012 #6
crati Oct 2012 #7
hughee99 Oct 2012 #8
Bigmack Oct 2012 #9

Response to onehandle (Original post)

Tue Oct 9, 2012, 07:16 AM

1. Willard has a wicked bad case of Republican "Values"

Reply to this post

Back to top Alert abuse Link here Permalink


Response to onehandle (Original post)

Tue Oct 9, 2012, 07:30 AM

2. If he could have sold nuclear blankets to whomever, he would have.

He is a sociopath whose real religion is unfettered capitalism. His greed knows no bounds. If he were elected president, America would become an elite's paradise.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to onehandle (Original post)

Tue Oct 9, 2012, 07:44 AM

3. The info in the article is unfortunately wrong

in 1992, seven percent of Russian women smoked. That figure is now fifteen percent. THe percentage of Russian men who are smokers has increased from 57% to 63%. See here.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to onehandle (Original post)

Tue Oct 9, 2012, 07:45 AM

4. No wonder he wants to dump Obamacare

 

Its better to get more people sick and not cover them.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to onehandle (Original post)

Tue Oct 9, 2012, 08:06 AM

5. So why is he wagging the dog with Russia? It made him millions of dollars!

Reply to this post

Back to top Alert abuse Link here Permalink


Response to onehandle (Original post)

Tue Oct 9, 2012, 09:32 AM

6. K&R

Reply to this post

Back to top Alert abuse Link here Permalink


Response to onehandle (Original post)

Tue Oct 9, 2012, 11:19 AM

7. ruin philip morris

I stumbled upon this shit.
Is it payback time maybe?? =)

Reply to this post

Back to top Alert abuse Link here Permalink


Response to onehandle (Original post)

Tue Oct 9, 2012, 02:42 PM

8. I remember in 2009 when most of NYC's pension funds were invested in big tobacco

even though the city had gone largely smoke free. I'm not sure if they still have money there, but it's odd to think that Mitt Romney and a New York City worker had something in common.

http://articles.nydailynews.com/2009-05-11/news/17922956_1_pension-funds-smoke-free-bars-and-restaurants

Reply to this post

Back to top Alert abuse Link here Permalink


Response to onehandle (Original post)

Tue Oct 9, 2012, 02:56 PM

9. Romney deals the WORST DRUG OF ALL

With not ONE, but TWO, parents who died of tobacco caused cancers, I LOATHE tobacco and ANYONE who deals it. I'm pretty sure that I read somewhere, but I'm admittedly too lazy to look it up again now, for this post, but I'm pretty sure that tobacco kills more people than ANY OTHER DRUG! Including, as I recall, stuff like heroin! Ms Bigmack

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread