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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"I find it personally insulting when Romney says his work created jobs" says a man who knows
Mitt Romney no job creator, says a man who knows
Joe Garofoli, Chronicle Staff Writer
Saturday, January 14, 2012
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Several independent fact-checkers can't verify whether that claim is true, but Ed Kastenbaum saw a different story unfold at the East Bay packaging company where he worked when Bain acquired a controlling interest in it a decade ago.
Kastenbaum watched many of his friends and co-workers leave the company, which sold boxes and bags to retailers, or lose their jobs after Bain tried to squeeze more efficiencies out of his division, beginning in 2002.
"I find it personally insulting when Romney says his work at Bain created jobs," said Kastenbaum, a registered Republican who lives in Lafayette. "That's not what my experience was."
His experience and that of others who worked in his division of Unisource, the company that Bain took control of, are part of a bruising critique of Romney's description of Bain as a "job creator" as he and other GOP presidential candidates campaign in the days before next Saturday's South Carolina primary.
MUCH MORE:
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/01/14/MNPE1MO8HO.DTL
Liberal_in_LA
(44,397 posts)Crankie Avalon
(5,261 posts)...what he's already done to the American companies he stripped, bankrupted, and liquidated. Cannibalizing what's left of our country for fun and profit.
90-percent
(6,829 posts)would knowingly send people to their economic doom in the name of maximizing profit above all else?
I worked proudly and frustratedly for a German company for ten years and they give back to the community and pretty much give people a job for life unless the economic shit really hits the fan for them. Everybody prospers when the company prospers and the company can salt money away for business down cycles and reinvest in capital equipment and training and growing their workers.
That wonderful "social contract" our parents enjoyed post WW2 has been shot to hell by greedy self absorbed mean bastards!.
I would like to think that if I ran a company I would not do all for me and none for them. Mitt earning his living like this for at least ten years tells me he is nothing more than a greedy sociopath. Americans deserve much better than this man! Because, we as a people are superior to this slug in that we care about others also and possess empathy and compassion for others. Those used to be worthwhile traits to aspire to. I am proud that I feel I still possess such values, and pretty much everybody I come into contact with in my life is exactly the same. Common decency. It's the least we should expect for anybody that holds any elected office, let alone the Presidency.
-90% Jimmy
rustydog
(9,186 posts)because he takes credit for Walmart hiring the people he canned when he gutted their businesses!
wilt the stilt
(4,528 posts)I did the entire wan/lan rollout of Unisource when they were upgrading or trying to go to SAP. Unisource was was owned by allied holdings. This idea of just going to your big customers for revenue was popular at the time. My company tried the same. Amazingly, we went bankrupt also. It was one of the stupidest ideas ever. It is now owned by Koch.