Quantcast
Channel: Under the Mountain Bunker » gordon gekko
Viewing all articles
Browse latest Browse all 4

My pain is Mitt Romney’s gain: Sensata and American jobs lost to China

$
0
0

This from Tom Gaulrapp, an employee of Sensata for 33-years:

“I hold Mitt Romney responsible because he created Bain Capital. He helped pioneer the outsourcing of good American jobs to China, and he created the model that the company has followed over the years. It’s a business model that puts profits above people — at all cost to us back home. And it’s the approach he would take as CEO of our country. But Mitt Romney’s connection to Sensata is even more direct. He is also personally invested in Sensata Technologies, according to his 2010 and 2011 tax returns, and last year got a huge tax break by moving some of his Sensata stock to one of his foundations. That’s right: Mitt Romney got a big tax break on his investment in his company that’s shipping my job to China. My pain is Mitt Romney’s gain.

[...] Mitt Romney hasn’t lifted a finger to help us. Instead, his campaign blamed the outsourcing of our jobs to China on President Obama, because his pension with the Illinois State government has invested in Sensata. The Romney campaign didn’t mention Mitt’s personal investment in Sensata, the big tax break he got from shifting his Sensata stock to his foundation, or his own role in Bain’s longtime practice of outsourcing. Instead of owning up to his past and helping save our jobs, he decided to play politics with our lives. In Romney’s world, everyone else is guilty and he’s the innocent bystander. Fortunately, our story is beginning to be heard. Last week, I was quoted in an article that was on the front page of the New York Times about Romney, Bain and China. Our country should know that the issues being debated in this presidential election are not abstract, and are playing out everyday in my community. In 20 days, on November 5th, I’ll be out of a job.”

A vote for Romney is a vote of approval for every American job that’s been off-shored to China for the past 30 years.

Related: 

The Mitt Romney way: how he made millions from the rescue of Detroit



Viewing all articles
Browse latest Browse all 4

Latest Images

Trending Articles





Latest Images