Quantcast
Channel: The Bain Files
Viewing all articles
Browse latest Browse all 44

Bain closed Sensata for a Day, rather than face the TV Cameras of the Ed Show

$
0
0

First the Bain back-story ... that is impacting Middle Class American Jobs, even as you read this.

Here Is What's Happening at the Bain-Owned Auto Parts Manufacturer Sensata

by Dave Johnson, truth-out.org -- Oct 16, 2012

[...] Bain Capital purchased a sensor manufacturer that makes key components for our automobile supply chain, and named it Sensata. They immediately announced they closing a factory in Freeport, Ill., and sending the manufacturing and jobs to China to save money. (This is significant because China is engaged in efforts to dominate American auto supplies. See China Cheating Costs 400K Auto Parts Jobs and Why The Latest Trade Complaint Against China Matters. )

Bain/Sensata brought in Chinese workers and made the Freeport workers train them. Bain/Sensata is moving the equipment out of the Freeport factory and shipping it to China right now. The Freeport employees have set up a camp outside the factory that they call Bainport and are trying to stop the Bain trucks that are moving the equipment out for shipment to China. Supporters were arrested this week, trying to stop those trucks. [...]

This is an opportunity for Romney to show the public that he actually means it when he says he wants to do something about companies sending jobs to China! Here is his former company, people who know him, sending jobs to China right now and there is no one in a better position to put pressure on them to stop this than the former head of the company, and on top of that a presidential candidate! [...]

Did Romney show up to stand with the workers -- that his "harvesting" Business Model routinely sends to the 47% Unemployment lines -- all without severance pay?

Hell no, he didn't.  Turns out Mitt Romney kind of likes the cheap labor-pool in China.  Despite his tough talk to the contrary.


Viewing all articles
Browse latest Browse all 44

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>