MSNBC: Sensata worker calls Romney’s ‘hypocrisy’ on China ‘mind-boggling’ [View all]
FULL TITLE: As foreign policy debate nears, Sensata worker calls Romneys hypocrisy on China mind-boggling
An employee at an Illinois manufacturing plant whose job is being transferred to China by a Bain Capital-owned auto parts company called Saturday on Mitt Romney, Bain Capitals founder and former CEO, to intervene to save his job, and said the hypocrisy of Romneys promise to safeguard American jobs and crack down on unfair trade practices by China was mind-boggling.
The employee, Tom Gaulrapp, has worked at the auto parts manufacturer in Freeport, Illinois for 33 years. Sensata Technologies, which was acquired by Bain Capital in 2006, bought the plant two years ago, and immediately announced plans to lay off the 170 workers there, moving their jobs and the factorys equipment to China. When they took over the plant they called everybody together for a meeting, Gaulrapp recalled in an interview Saturday on Up w/ Chris Hayes. They said, Oh, by the way, all the jobs are going to be gone by the end of 2012.
Gaulrapp says the only person who can stop that from happening is Romney, Bain Capitals founder and former CEO. Romney still has millions invested in funds controlled by Bain Capital. According to his 2011 tax returns, Romney transferred $701,703 worth of Sensata stock to the Tyler Charitable Foundation, a nonprofit controlled by Romney. The Bain Capital board has made their decision, the Sensata CEO has made his decision, Gaulrapp said. The only person who can affect this is the largest shareholder in Bain, whos Mitt Romney.
Gaulrapp criticized Romney for talking about job creation and promising to crack down on unfair trade practices by China while standing idly by as the jobs at Sensata are shipped overseas.
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http://tv.msnbc.com/2012/10/22/sensata-worker-romneys-hypocrisy-on-jobs-and-china-is-mind-boggling/