The Venture Edge

I think the current outrage directed against U.S.-based clothing manufacturer Ralph Lauren is pretty interesting. If you're not familiar with the story, here's a quick summary. On July 27, the U.S. Olympic team will march in the opening ceremony of the 2012 Summer Olympic Games in London -- in uniforms manufactured in China. When word recently hit the media about this turn of events, members of Congress erupted -- roundly chastizing Ralph Lauren for outsourcing more jobs to China, and the U.S. Olympic Committee for allowing our athletes to wear uniforms made outside the United States. Typical was Senate Majority Leader Harry Reid's comment that the Olympic Committee should “burn them and start all over again.”