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 a tax 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, 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.