Republican presidential nominee Mitt Romney is out this week with a new ad claiming that he will “stand up to China” and its trade and intellectual property practices. Watch it:
Bain recently acquired Sensata Technologies. After the acquisition, Sensata announced that it will be closing a plant in Freeport, Illinois and moving its 170 jobs to China. Workers at this plant will even be required to train their new Chinese replacements.
Frustrated, the workers set up the “Bainport” protest to call attention to the outsourcing and to get Romney to address their plight.
If the Republican presidential nominee is truly serious about taking on China, he would be speaking out against his old company’s outsourcing to the country. But instead, Romney’s campaign has done everything it can to ignore the Bainport workers.
The article says it well, Romney’s former company. If I am not mistaken, and the companies website is to be believed, Mitt has nothing to do with the company, its corporate directors, or its decisions. I wish the far left would worry about current issues, and quit tring to paint Mr. Romney with a tainted brush. The issue is thes, the left wants companies o stop exporting jobs out of the country. These same people demand inexpensive goods, and by their spending habits, actually push companies out of country so they can compete. The left want to raise taxes on these companies, while at the same time ask them to lower prices and offer more services. YOU CANT HAVE IT BOTH WAYS! My guess is that many of the people crying about jobs going over seas have in the last 30 days bought a product made out of country. by doing this, you are infact supporting companies decisions to produce goods out of country to keep prices low. SHAME ON ALL OF YOU.
Dear BKu,
The point of the story is….This is what Bain does! While Romney was there and while he wasn’t, but was! (Name still listed on company docs) To the present, this is what the Bain company does!
P.s. I still won’t buy BP gas
Romney still owns stock in Bain and is therefore, profiting from this outsource. Yes. As he runs for the Presidency.
Check out this really good example of how China’s IP policies are in conflict with U.S. companies and have cost U.S. companies millions of dollars as well as potential advantages for China. “Lessons from Pfizer’s Disputes Over its Viagra Trademark in China” by Professor Daniel Chow.
http://www.law.umaryland.edu/academics/journals/mjil/documents/vol_27/vol_27_82.pdf