Tweedle Dee & Tweedle Dumb are back on the campaign trail with their trailmix of LIES.
If Mitt Romney is elected president, the American flag itself may actually be restricted from flying in the United States. That word comes from employees losing their jobs in Freeport, Illinois.
The Presidential Candidate holds major stock in a company called Sensata. The company recently made factory officials take down the American flag when they were forced to train their Chinese replacement workers, according to Tom Gaulrapp, with the United Steelworkers Union.
Right now in Freeport, Illinois, some 170 workers at an auto sensor plant are sleeping in tents to protest Bain-owned Sensata Technology’s decision to ship their jobs to China.
Romney claims he knows nothing about this.
OH REALLY, NOW?
But the New York Times explains: “[Mitt Romney] owns about $8 million worth of Bain funds that hold 51 percent of Sensata’s shares. If Sensata saves money by closing the Freeport plant, that could add money to Mr. Romney’s trust accounts, now or after the election.”
We have THIS:
THIS FROM FIRST READ: Ryan hits administration’s China policy in Ohio campaign stop
Ryan told the crowd in the heavily manufacturing Buckeye State that a Mitt Romney administration would not tolerate China stealing American jobs and property rights — a topic the VP nominee frequently talks about on the campaign trail.
“We are going to stop this kind of cheating from occurring, if people are manipulating our currency, we are going to say that ‘they are manipulating our currency.’ If they are stealing our products, we are going to say ‘stop stealing our products or else you have consequences.’ That’s a big deal. That takes our jobs,” he said.
This is RICH: Romney hits Obama on China policies
WASHINGTON – Paul Ryan on Thursday began to criticize China as a currency manipulator, speaking out against the country’s trade policies with the same sharp rhetoric that his new running mate, Mitt Romney, has used for months.
“Free trade is a powerful tool for peace and prosperity, but our trading partners need to play by the rules,” Ryan said at a campaign rally in Ohio. “This challenge focuses on China. They steal our intellectual property rights, they block access to their markets, they manipulate their currency.”
“President Obama said he would stop these practices,” he added. “He said he’d go to the mat with China. Instead, they are treating him like a doormat. We’re not going to let that happen. Mitt Romney and I are going to crack down on China cheating and we’re going to make sure that trade works for Americans.”
But there’s one glaring problem: Ryan voted against legislation in 2010 that would have helped do just that.
In 2010, when the House voted on the Currency Reform Fair Trade Act, Ryan was among the 79 congressmen who opposed the measure. The bill passed – 348 to 79, with 99 Republicans voting in favor – but was not taken up by the Senate so it never became law.
PRESIDENT OBAMA’S STANCE ON TRADE WITH CHINA:
President Obama launched a trade case at the WTO to challenge ilegal Chinese subsidies of ts automobile and auto parts industries. In fact, since PBO has taken office, his administration has filed more trade cases against China in one term than his predecessor did in TWO. WTO List of Disputes Cases-9-15-12. Cleveland Plain Dealer-916-12
President Obama creatd the Interagency Trade enforcement Center to bring experts together to fight unfair trade practices by nations including China. Source- Bloomberg
Mitt Romney is the majority shareholder in Bain Capitol, which owns Sensata. It is true that Romney is no longer the CEO of Bain Capitol – but as the company’s majority shareholder HE CAN FIRE THE CEO. This idea that Mitt “can’t do anything” is a pure right-wing bull. He can, and chooses not to.
Adding insult to injury, the Romney campaign has immaturely and childishly justified their inaction by suggesting that the President shares the blame because his pension as a State Senator holds Sensata stock in it’s portfolio – a portfolio that individual pensioners have little control over.
“It’s OK to send 170 jobs to Red China because this other guy hasn’t divested” is a crap excuse.
The answer is NOT to divest from Sensata – the answer is to have Mitt pick up the phone, and stop this move overseas and keep Sensata an American company!
Please visit www.bainport.com to learn more about the plight of the 170 employees whose jobs Mitt Romney is sending to Red China, or go to Amy Goodman’s Democracy Now! interview with the hard working folks Mitt Romney is putting out on the street. @ DEMOCRACY NOW.