patching...
Update: Worried about your commute? Check out our traffic map. »
Welcome back, Patch Blogger!
Local Voices

Why Sensata Proves Mitt Romney is Weak on China and on American Jobs

Mitt Romney has hit President Obama very hard in recent weeks about toughness in China. Romney claims that Obama has allowed American jobs to go to China and that under a Romney administration, we will see better. The hypocrisy is bigger than most people realize. Romney has been profiting on sending jobs to China through Bain Capital for decades and the latest jobs shipment, Sensata Technology, puts things in true perspective that Mitt Romney not only supports shipping American jobs to China, but he will do nothing to protect us from the process.

The story: Sensata Technology was bought by Bain Capital some time back and Bain plans to ship the company overseas, despite it being profitable in the United States. Bain Capital flew in Chinese workers and forced the American workers at Sensata to train their replacements. While the Americans trained the replacements, the American flag was lowered at Sensata Technology in Illinois, showing how Bain Capital cowers to China. The Chinese workers are only paid 99 cents an hour and work 12 hours a day, 7 days a week, and live in barracks. 

Mitt Romney receives $450,000 per week from his blind trust in Bain Capital. Romney owns about $8 million worth of Bain funds that hold 51 percent of Sensata’s shares. Mitt Romney stands to receive atax break from this process. 

The employees at Sensata Technology have been protesting in hopes of saving their jobs and have set up a camp site across the street from the factory called Bainport. 170 people stand to lose their jobs on November 5th, 2012, conveniently the day before Election Day, unless the shipment is stopped.

They have attempted to approach Mitt Romney in both the primaries and at the Republican National Convention in Tampa, but were ignored both times. When they attempted to visit the campaign office,the cops were called by Romney's campaign.

A Romney economy is clearly not in the best interest of American workers as exemplified by Mitt Romney's own business profits.

Patch_comments_icon

D'Ann White

10:46 am on Monday, October 15, 2012

Thanks for joining our blogging team, Carlos. Terrific blog!

Reply

Watts

12:33 pm on Monday, October 15, 2012

Did you read the Rolling Stone cover story from last month? It is kind of long, so it is probably better to print it out to read it, but here is a link:

http://www.rollingstone.com/politics/news/greed-and-debt-the-true-story-of-mitt-romney-and-bain-capital-20120829?link=mostpopular3

For anybody who wants a better understanding of how Bain works, this goes into all the details with examples from all sorts of smaller companies to nationally known brands that they have wrecked.

Reply

Leave a comment