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Dave Johnson (Seeingtheforest & OurFuture.org) explains Sensata story; connecting the dots between the US auto industry, China, Bain Capital and Mitt Romney.
Taken from Dave's conversation with Jay Ackroyd on Sunday, Oct 14. Follow @DCJohnson #Sensata
There are two hard and fast rules in American politics:
1. All Politics is local.
2. All politics is personal.
I can tell you two things about this election.. The fact that more citizens in my county are now registered AND qualified to vote than has ever been the case...EVER. 68% (D). And every day of this early voting session of the General Election has, in my community, set a new daily early voting record. That's politics: local, and personal. Tennessee may yet turn Blue this year.
I came to Tennessee from Southern Illinois. I was, for several years, a proud Illini before breaking my personal history of following the "Lincoln Trail". I am aware of Illinois politics.
Sensata (previously Honeywell) in Freeport, Illinois has been the property of Bain Capitol for some time. After non-stop record setting quarters, Bain has decided to move the plant to China, for yet MORE profit. But, what of the employees left behind?
After they train their replacement Chinese workers, they will be left to their own devices. Period. We'll spend some time today with some of them. Call in with your questions or comments, or join us in our lively chatroom during the live show. They have words to say which you should hear. Locally. Personally.
Join us as we highlight the activities, activism and activists of the Progressive Southern United States each Sunday afternoon, from 2:30 PM - 4:30 PM (Central Time). Call in and speak live with our hosts and guests, or join us in our live Chat Room during the show.
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This adds a new dimension to the debate over Romney and outsourcing. Whether or not he was at the helm when Bain invested in US firms that did or did not ship jobs overseas, Romney was in command when a company he owned and controlled bought a large stake in a Chinese venture that counted on American companies sending manufacturing—and that means jobs—to China. These days, Romney rails against China for swiping American jobs and proclaims, "For me, it's all about good jobs for the American people." But when there was money to be made by acquiring a chunk of a Chinese company that aimed to displace American manufacturers (and American workers), Romney's patriotism did not interfere with the potential for profit.
“Mitt Romney likes to talk tough on China, but his own campaign has confirmed that he remains invested in a Chinese company that has been accused of piracy at the expense of American companies. And now, the Boston Globe has revealed that Romney, as head of Bain Capital, invested in a “low-wage, low-tax” Chinese firm after it told investors that it “would not be subject to taxes in the United States” President Obama is absolutely right.
"Sensata is a Bain-owned company that is closing a factory in in Freeport, IL to move the jobs to China. The workers have set up a camp they call "Bainport" and workers and supporters are trying to block the Bain trucks that are moving equipment out to ship to China right now. In breaking news there were arrests made today.
In our alternative to the Sunday morning 'news' shows, two members of our media panel - this week it's Dave Johnson and Jay Ackroyd - discuss current political and cultural developments from a progressive perspective.
Culture of Truth satirizes the Sunday Morning 'news' shows at the Bobblespeak Translations. At the bottom of the hour, he provides us with the most ridiculous moment.
Follow @DCJohnson @Bobblespeak @JayAckroyd
The VS Media Panel: Avedon Carol, Cliff Schecter, Dave Dayen, Dave Johnson, Dave Waldman, Digby, Gaius Publius, Joan McCarter, Marcy Wheeler and Stuart Zechman.
*Stimulating political talk* Romney's top military advisor owns major stake in ship building companies, Fox news covers 'rape baby is a gift' comment 0 times, Obama gets a solid endorsement, John McCain 'maverick' again? Man possesed by 'gay demon', new ad hits Romney for Sensata scandal, David Letterman's epic political rant, Sarah Palin's questionable facebook post, Sheldon Adelson continues to throw millions at Republicans, top Reagan advisor talks about poverty for the elderly, Bin Laden raid movie release date just before the election, Photo's of dead marine life because of BP oil spill released, is sex addiction real? woman sells virginity for 780k & man sells virginity for 3k, and much more!
Well you have heard it and it is true as Mitt Romney is making his rounds around the country talking about being tough on China one of his companies, yes you guess right Bain, has sent some more job to China from Freeport Illnois and Christmas is coming. The company is Sensata , however, it is reported that Romney is making money right now, as you are reading this show discription from this company. It is a Trick and you are the Treat!!! We need to vote for Obama and get him to save their jobs too!
*Stimulating political talk* Man jumps from the edge of space, Sensata scandal, former McCain advisor bashes Romney's tax plan, Sen. Rob Portman repeats Paul Ryan lies, Chris Wallace destroys Romney senior advisor, Fox News "doctor" claims Biden was suffering from "dementia" during the debate, scientist's find planet made of diamond, physicist's may have evidence our universe is a computer simulation, another CEO threatens to fire everyone if Obama is re-elected, Kock brothers send pro romney mailer to 50k employees, 14 y/o - 'gay marriage leads to ducks take over!', man pretends to be gay as an experiment, fast food chains exploiting tax havens & more!
Good Tuesday 16, October 2012. Pres. Debate #2 tonight! Will Romney be called out?
>>ROMNEY'S ECONOMY: Sensata Tech CLOSED, American Labor undermined by cheap Chinese labor & Romney's PROFITS!
>>We look back at Romney's 47% remarks.
>>17 years ago today A Million African American Men came together in purpose. We discuss.
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Guy Adams, political reporter for the London Independent watched the Presidential debate from a bar in Los Angeles. He is on assignment to cover US politics and joins us for illuminating (and painful) insights into our politics from across the pond.
Dave Johnson of the Campaign for America's Future and our regular progressive contributor on Sensata power company in Freeport Il,Chevy Volt smears by Republicans,the debate - do lies win?, and the coming VP debate