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OneAngryDemocrat

(2,060 posts)
Mon Sep 24, 2012, 10:27 PM Sep 2012

ROMNEY CAMPAIGN RESPONDS TO "BAINPORT"

Source: WIFR

The Mitt Romney campaign is responding to Freeport's "Bainport" tent community.

Dozens of Sensata workers whose jobs are being outsourced to China are protesting across the street from the factory, camping out in a tent community they're calling "Bainport". Protesters say they will be living in "Bainport" until Mitt Romney comes to discuss the outsourcing of jobs in America.

"Governor Romney has not worked at Bain Capital for over a decade, but for four years President Obama has been presiding over an economy that is creating too few jobs and sending more jobs overseas. Despite the President being invested in Sensata through his personal pension fund, and the government owning a major Sensata customer in GM, President Obama has not used his powers to help this situation in any way." ~ Curt Cashour, Romney Campaign Spokesman

Read more: http://www.wifr.com/home/headlines/Romney-Campaign-Responds-to-Bainport-Story-170918111.html



Mitt Romney is the majority shareholder in Bain Capitol, which owns Sensata. It is true that Romney is no longer the CEO of Bain Capitol - but as the company's majority shareholder HE CAN FIRE THE CEO. This idea that Mitt "can't do anything..." is a pure right-wing bull.

He can, but chooses not to.

Adding insult to injury, the Romney campaign has childishly justified their inaction by suggesting that the President shares the blame because his pension as a State Senator holds Sensata stock in it's portfolio - a portfolio that individual state pensioners have little control over, and misses the point: no one wants Sensata to take an economic hit because they are sending jobs to Communist China.

We want those jobs to stay here!

"It's OK to send 170 American jobs to Red China because this other guy hasn't divested" is a crap excuse.

But it is the excuse Mitt Romney is using.

The answer is NOT to have ANYONE divest from Sensata - but to have Mitt pick up the phone, and stop this move overseas and keep Sensata an American company!

Please visit http://www.bainport.com to learn more about the plight of the 170 employees whose jobs Mitt Romney is sending to Red China, or go to Amy Goodman's Democracy Now! interview with the hard working folks Mitt Romney is putting out on the street @ http://www.democracynow.org/2012/9/20/bainport_a_taste_of_the_romney.

23 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
ROMNEY CAMPAIGN RESPONDS TO "BAINPORT" (Original Post) OneAngryDemocrat Sep 2012 OP
The sole owner responds...interesting Historic NY Sep 2012 #1
I didn't know Mittens was still the Majority Stockholder of Bain Heather MC Sep 2012 #2
is he? is this a fact? Voice for Peace Sep 2012 #3
Hell! OneAngryDemocrat Sep 2012 #5
ok, I didn't know this was current and don't know why I don't know Voice for Peace Sep 2012 #10
Another great move by the Rmoney campaign team...I didn't know either. hexola Sep 2012 #14
Romney is just plain stupid Stewland Sep 2012 #4
Welcome to DU, Stewland! calimary Sep 2012 #11
I believe Bain Capital is a Massachusetts LLC aint_no_life_nowhere Sep 2012 #6
Wait a minute now. Read this article from the other day from the same news channel jonesgirl Sep 2012 #7
Same Day News Articles... OneAngryDemocrat Sep 2012 #8
When did they get notice of losing their jobs, and how long has this been going on? jonesgirl Sep 2012 #9
A year ago... OneAngryDemocrat Sep 2012 #21
Welcome to DU, jonesgirl! calimary Sep 2012 #12
It's okay. The idea is to keep mittens on the defensive and dems are doing so brilliantly Happyhippychick Sep 2012 #13
Romney looks in the mirror and sees Obama and blames the image in the mirror lunatica Sep 2012 #15
man heaven05 Sep 2012 #16
This is probably a dumb question reflection Sep 2012 #17
Public Employee Pensions are Public Info OneAngryDemocrat Sep 2012 #22
Thank you. n/t reflection Sep 2012 #23
k, Curt, so government should do nothing, unless a corporation tells them to. patrice Sep 2012 #18
Maybe Mitt will tell them to borrow money from their parents louis-t Sep 2012 #19
The government "OWNS" GM? Canuckistanian Sep 2012 #20

OneAngryDemocrat

(2,060 posts)
5. Hell!
Mon Sep 24, 2012, 10:53 PM
Sep 2012

Both MSNBC's Big Ed Schultz and Lawrence O'Donnell reported on it, Amy Goodman from Democracy Now! reported on it, and it's not a secret.

 

Voice for Peace

(13,141 posts)
10. ok, I didn't know this was current and don't know why I don't know
Tue Sep 25, 2012, 12:25 AM
Sep 2012

but I am poor at information recall. I have no problem remembering his lack of integrity.

 

hexola

(4,835 posts)
14. Another great move by the Rmoney campaign team...I didn't know either.
Tue Sep 25, 2012, 08:32 AM
Sep 2012

Its like Rmoney is campaigning against himself...more so than Obama!

Why on earth would their team bring attention to this...?

 

Stewland

(163 posts)
4. Romney is just plain stupid
Mon Sep 24, 2012, 10:50 PM
Sep 2012

While he blasts Obams about the poor job climate he is connected to a company known for its opportunistic ways. If this man becomes POTUS he will only encourage more outsourcing as this is the way they deal with working people. I am not going to be fooled by this stuffed shirt.

calimary

(81,240 posts)
11. Welcome to DU, Stewland!
Tue Sep 25, 2012, 01:45 AM
Sep 2012

Good point. NOBODY should be fooled by this stuffed shirt!

Glad you're here - we need you. There's an election to win.





Now get to work.

aint_no_life_nowhere

(21,925 posts)
6. I believe Bain Capital is a Massachusetts LLC
Mon Sep 24, 2012, 11:01 PM
Sep 2012

and no annual meetings or filed operating agreement (defining ownership interest percentages, management roles, shareholder meetings) for that type of entity is required under law. Without having to specify the rules of operation, they can basically say it operates in any way they want, whether or not it's the truth.

jonesgirl

(157 posts)
7. Wait a minute now. Read this article from the other day from the same news channel
Mon Sep 24, 2012, 11:07 PM
Sep 2012
http://www.wifr.com/news/headlines/Bainport-Takes-Message-on-the-Road-170854901.html

They are taking "the Bain bus" to Romney's campaign headquarters.
Again, Romney is blaming President Obama. We gotta head him off at the pass!

OneAngryDemocrat

(2,060 posts)
21. A year ago...
Tue Sep 25, 2012, 05:13 PM
Sep 2012

Last edited Thu Sep 27, 2012, 09:23 PM - Edit history (1)

It's been a process. First they petitioned the company themselves, to no avail.

Then they asked our Congressman at the time (Don Manzullo (R)) to intervene before the district was gerrymandered. Manzullo wrote a letter begging the company to stay, and when the company laughed at him, Don blinked, and didn't do a damn thing in response.

Then, following the redistricting of the area into a new congressional district, the workers petitioned our new congressman (Bobby Schilling (R)) to step in, and he, too, wrote a letter to the company asking them to stay.

Apparently it doesn't occur to our local legislators to... you know, LEGISLATE, 'cause the company laughed at Schilling, and he blinked and didn't do a damn thing in response, either.

This was followed up by a letter from the Mayor (George Gaulrapp (D)) promising the company the moon and the stars if they'd stay, and, again, the company told him to go fuck himself.

That leaves ONLY Mitt Romney - as the majority shareholder - as the last resort, the Sensata's board of directors and CEO having made their position very clear.

calimary

(81,240 posts)
12. Welcome to DU, jonesgirl!
Tue Sep 25, 2012, 01:46 AM
Sep 2012

Glad you're here! We need you - and thanks for this. We don't have this thing nailed down yet.





Now get to work.

lunatica

(53,410 posts)
15. Romney looks in the mirror and sees Obama and blames the image in the mirror
Tue Sep 25, 2012, 09:04 AM
Sep 2012

Just like the Republicans look at an empty chair and see Obama sitting in it.

 

heaven05

(18,124 posts)
16. man
Tue Sep 25, 2012, 09:47 AM
Sep 2012

if he steals the election, america will be outsourced along with wage earners who will have to go to china to get a job. Hell that's not farfetched, Mexicans and central americans have been coming here for jobs for decades. We'll have figure out how to get past the armed gaurd towers and barbed wire, but no worries american ingenuity always wins out.

reflection

(6,286 posts)
17. This is probably a dumb question
Tue Sep 25, 2012, 10:03 AM
Sep 2012

but I don't mind looking dumb if I learn something.

How does Romney know what Obama is personally invested in? Are the pension plans of State Senators in the public record to review? They must be, I suppose, for this lame charge by Romney to be true.

OneAngryDemocrat

(2,060 posts)
22. Public Employee Pensions are Public Info
Thu Sep 27, 2012, 09:21 PM
Sep 2012

State pensions are public information. I'm sure Romney's opposition researchers know when the President poops.

Canuckistanian

(42,290 posts)
20. The government "OWNS" GM?
Tue Sep 25, 2012, 01:30 PM
Sep 2012

Just for giving them a loan.... that's nearly paid back now?

Then by that logic, the government ALSO owns THESE:

Date Financial Institution City State Amount
10/28/2008 Wells Fargo & Co. San Francisco Calif. $25,000,000,000
10/28/2008 State Street Corp. Boston Mass. $2,000,000,000
10/28/2008 Bank of America Corp.1 Charlotte N.C. $15,000,000,000
10/28/2008 JPMorgan Chase & Co. New York N.Y. $25,000,000,000
10/28/2008 Citigroup Inc. New York N.Y. $25,000,000,000
10/28/2008 Morgan Stanley New York N.Y. $10,000,000,000
10/28/2008 Goldman Sachs Group Inc. New York N.Y. $10,000,000,000
10/28/2008 Bank of New York Mellon Corp. New York N.Y. $3,000,000,000

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