As American businesses go away the profitable Bain Capital way!
In the Guardian, Paul Harris reports from Freeport, IL, where a profitable, competitive auto-parts plant has been bought out by Bain Capital, who have literally shipped the factory to China, and who have extended the “kindness” to the American workers who will lose their jobs of a few extra weeks’ worth of work training their Chinese replacements. Mitt Romney owns millions of dollars’ worth of equity in the Bain fund that is shipping good jobs overseas, and stands to make a tidy profit from this.
“I understand business needs to make a profit. But this product has always made a ton of money. It’s just that they think it is not enough money. They are greedy,” said Tom Gaulraupp, who has put in 33 years at the plant and is facing the prospect of becoming jobless at the age of 54.
Mark Shreck, a 36-year-old father-of-three, confessed he was one of the few workers not surprised at the layoffs, as this is the second time his job has moved to China. “I feel this is what companies do nowadays,” he said. Freeport mayor George Gaulrapp
The Freeport workers have appealed to Bain and Romney to save their plant. The local town council, several Illinois politicians and the state’s Democratic governor have all rallied to their cause. “This company is competitive globally. They make a profit here. But Bain Capital decided to squeeze it a little further. That is not what capitalism is meant to be about,” said Freeport mayor George Gaulrapp, 52, pictured.
The anger towards Bain and Romney is palpable. Romney has become the target for the emotions of a community who built lives based on the idea of a steady manufacturing job: a concept out of place in the sort of fluid buy-and-sell world from which Bain prospers. “I didn’t have a clue what Bain was before this happened,” said Cheryl Randecker, 52. “Now when I hear Romney speak it makes me sick to my stomach.”
The Republican Party is now controlled lock, stock and smoking gun by the Zionists (neo-cons). Bill Crystal, the leading Zionists thinker in America, was the person most responsible for ‘helping’ Romney to choose Paul Ryan as his running mate. Zionist (neo-con) Crystal’s past accomplishments include choosing Sara Palin as McCain’s VP and the war in Iraq.
Imhotep, after reading your SG comments from the first day you came on board, and after careful deliberation and months of biting my tongue, I can’t avoid concluding that while the core of your comments is usually correct, they are almost always delivered in a bright shiny wrapper of monomaniacal anti-semitism.
This badly undercuts your message and credibility.
What does your remark about zionism have to do with Bain Capital gutting yet another viable US corporation? Are they sending those jobs to Israel?
And what does Bill Kristol (as he likes to spell it) have to do with Bain taking over this company?
I plan on asking the returning Congressional Corporate representatives from my District how this is in any way good for America.
It’s always lovely to be called an anti-semite. Do you even know who semites are Izquierdo? Do you know where Romney met Netanyahu and when? Do you care at all about nuance? Or was your intellectual curiosity wrung out of you long ago by your own paranoia? Now for you spelling lesson. You knew that Kristol was the intellectual driving force, as was his father before him, of the Zionists movement in America didn’t you? Those who don’t know could care less if you spell it Crystal or Kristol. Did it ever occur to you that that might be the point? Oh, in the future please be more honest and call me an anti-Jew or a Jew-hater. (Neither of which is true by the way except in your tiny little mind.) Because that’s what you actually think isn’t it?