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babsbunny

(8,441 posts)
Sat Oct 20, 2012, 03:32 PM Oct 2012

Ed last night! Bainport/Sensata

http://tv.msnbc.com/2012/10/19/live-from-bainport-sensata-workers-protest-bain-and-its-corporate-values/

MSNBC’s Ed Schultz hosted Friday’s broadcast of The Ed Show from “Bainport,” a protest site across a soon-to-close manufacturing plant in Freeport, Illinois.

Employees of Sensata Technologies, who are losing their jobs to China, are petitioning for a visit from Republican presidential candidate Mitt Romney and a fair severance package for its laid-off workers. Workers and community activists are calling the encampment the “home of the Romney economy,” and believe it is a place that dramatizes the profits-over-people approach Romney brought to Bain.

Sensata Technologies, a Massachusetts-based manufacturer of sensors and controls for automakers, is mostly owned and controlled by Bain Capital. The plant is reportedly profitable, but lower wages in China could boost profits even higher.
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