http://thinkprogress.org/economy/2012/08/24/744331/romney-invested-in-company-that-is-outsourcing-jobs-forcing-workers-to-train-their-chinese-replacements/
Workers at Sensata Technologies, a business based in Freeport, Illinois, have been protesting Mitt Romney’s campaign stops across the country all summer because the company, which is owned by Bain Capital, is laying off workers in order to hire employees in China. Bain took control of Sensata in 2006; last year, it took over the Freeport plant and announced that it would layoff 165 workers and close it.Some of the workers, according to Sensata employees, have beenforced to train their Chinese replacements, adding insult to the injury that was their looming job loss.
he does have a deep love for China's job creation.
Bain’s role in the layoffs hasn’t been a secret. But given that it took control of Sensata and the plant well after Romney’s departure from the firm, the candidate has thus far steered clear of the controversy, only drawing protests from the workers who want him to step in and stop the plant’s closure. But according to documents detailing Romney’s finances obtained and published yesterday by Gawker, his connection to Sensata is much more direct.
absentee hands off boss until his John Hancock was required. a good businessman would not sign his name to documents that he did not have a vested interest in, now unless Romney is really a bad businessman something is radically wrong with this picture.
Romney has a history of outsourcing jobs as the chief executive of Bain Capital. The Washington Post reported in June that under Romney’s leadership Bain “invested in a series of firms that specialized in relocating jobs done by American workers to new facilities in low-wage countries like China and India.” Other companies in which the firm invested sent jobs to Mexico and other low-wage countries around the world.
you don't sign on the dotted line then pass go and collect 2 million dollars unless you are the man.
