The Romney Campaign keeps running ads decrying the loss of jobs to China, saying "it's time to stand up to the cheaters and make sure we protect jobs for the American people." But his 2011 tax returns show that he got a big tax break on his investment in the Bain-owned company Sensata, which is shutting down its factory in Freeport, Ill. and outsourcing the jobs to China.
Can you say hypocrite?
Since the Romney Campaign is making China an issue, do you think that maybe he'll get asked about his investment in Sensata at one of the debates?
The workers in Freeport certainly hope so. They are so mad at Romney that they've set up a tent city right across from the factory, called "Bainport." Sensata workers and Freeport community leaders have been taking turns sleeping in the tent city for almost three weeks. They've vowed to camp out until Mitt Romney comes to Freeport and puts his money where his ads have been and speaks out against the outsourcing of their jobs to China.
The plant, which makes electronic sensors for the auto industry, is set to close sometime in November.
Yes, you read that right: they make auto parts, and are about to have their jobs shipped to China by a company created and controlled by Bain Capital for the express purpose of "harvesting profits" for investors like Mitt Romney.
The presidential election of 2012 can be boiled down to this: it's a race between the guy who saved thousands of jobs in the American auto industry, and the guy who wanted to let the auto industry die and gets tax breaks for investing in a company that is shipping good auto industry jobs to China.