Site icon EgbertoWillies.com

Mitt Romney’s Bain Capital Owned Company Outsourcing Jobs To China Now

This is Capitalism Mitt Romney style. American jobs do not matter. People do not matter. It is solely about having laws that allows the outsourcing of American jobs. Romney does not like regulations and as such under a Romney administration there could be no regulations that penalize companies for outsourcing the manufacture of products that ultimately end up in American bought products.

Americans must not succumb to the smoke and mirrors. In Mitt Romney’s unfettered and unregulated Capitalism middle class human beings is just a commodity, a source of production to be acquired at a minimal cost. In an unregulated Romney administration, American wages must continue to drop until they approach those of third world slave labor countries. Wage normalization and minimization is the goal of plutocrats like Mitt Romney.

It is time that America wakes up and ensures that not only is Mitt Romney defeated but all those in Congress, both Senators and House Representatives that support unfettered laissez faire Capitalism are defeated. We must elect a middle class centric Progressive government in November 2012.

LIKE My Facebook Page


Illinois City Calls On Mitt Romney To Stop Bain-Owned Company From Outsourcing 170 Local Jobs

WASHINGTON — The city council of Freeport, Ill., approved a resolution Monday evening that will call on presumptive Republican presidential nominee Mitt Romney to step in and save roughly 170 local jobs being outsourced by a company owned by Bain Capital.

Last year, Massachusetts-based Sensata Technologies announced that it was closing its Freeport plant by the end of 2012 and shipping the jobs to China. The U.S. positions, the company claimed, would be phased out gradually. Sensata Technologies makes sensors and controls that are used in aircraft and automobiles.

The resolution organized by Sensata employees calls on Romney — who co-founded Bain — to "come to Freeport to meet the people directly affected by Bain Capital’s outsourcing and to step in and stop the outsourcing of these jobs from Freeport to China."

The city council voted unanimously, 8-0, on Monday to approve the Sensata resolution.

Romney maintains that he left Bain in 1999, even though multiple documents list him as having leadership roles with the company beyond that date.

Regardless of the date that he left, Tom Gaulrapp — a lifelong resident of Freeport and 33-year employee of Sensata — said that Romney still bears some responsibility.

"They used his business model," Gaulrapp said. "And the board of directors and most of the officers at Bain Capital were put in place by him. There’s an ongoing debate over whether he actually left in 1999 or whether he filed wrong documents to the SEC. In either case, they’re still using his business model. He’s the one who taught them how to do this. These guys were put there by him. So you can say he doesn’t run the day-to-day operations, but he’s still at blame for the way they do business."

Democratic Freeport Mayor George Gaulrapp (who is distantly related to Tom Gaulrapp) backs the Sensata resolution and predicts that it will pass unanimously before the city council on Monday evening.

"He [Romney] is running for president," said the mayor. "These people felt it was a little hypocritical that he was with Bain Capital, he organized some of the processes, and now he’s touring the country … saying we need to keep jobs here in the United States. And yet for a long time, he made a lot of profits by tearing companies apart and sending them overseas."

A Romney spokesperson reiterated that the governor left Bain in 1999, and said he has no knowledge of the Freeport controversy.

Rep. Bobby Schilling (R-Ill.) currently represents Freeport, and after redistricting goes into effect, the new congressman will be Rep. Don Manzullo (R-Ill.). Both lawmakers wrote to Sensata CEO Tom Wroe on July 6, urging him to keep the jobs in the U.S.

MORE

Illinois City Calls On Mitt Romney To Stop Bain-Owned Company From Outsourcing 170 Local Jobs

Exit mobile version