Posts tagged ‘Mitt Romney’

Bain, Romney and Obama Support Offshoring/Outsourcing of U.S. Jobs

by , posted on Saturday, June 30th, 2012 at 5:55 pm

In an attempt to differentiate between President Obama and Mitt Romney, the Obama campaign is working hard to draw attention to Mitt Romney and Bain Capital’s agenda to offshore and outsource jobs.

While not necessarily connected to the Obama campaign, there is a new push inside labor circles to draw attention to a small company based in Freeport, IL named Sensata. The company is owned by Bain Capital and is preparing to move 170 Illinois jobs to China. Factory workers are calling on Mitt Romney to step in and stop the plant closure.

I support the move to target Romney on this issue and I hope that national pressure causes Bain Capital to keep those jobs in Illinois and sign a union contract with the workers.

At the same time, I can’t help but call out the hypocrisy of the Obama Administration for blasting Romney in public while secretly (and I mean very secretly) holding closed-door meetings with 600 corporate advisors to write another free trade agreement, the Trans-Pacific Partnership (TPP), that will result in more off shoring and outsourcing of U.S. jobs. TPP is expected to be the largest and worst free trade agreement in global history.

In a recent RT article titled, “TPP secrets: Obama covertly granting more power to multinational corporations,” a doctor chastizes the president.

“Bush was better than Obama on this,” Judit Rius of Doctors Without Borders Access to Medicines Campaign tells HuffPo. “It’s pathetic, but it is what it is. The world’s upside-down.”

So, who do we blame?

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Ralph Nader: 30 Million Workers Would Benefit From Raising Minimum Wage to 1968 Level

by , posted on Friday, June 15th, 2012 at 6:50 pm

from Democracy Now!

In 2008, Barack Obama pledged to raise the minimum wage every year once elected, but the hourly rate of $7.25 hasn’t increased since 2007. Low-wage workers now make far less than they did four decades ago. Last week Illinois Democratic Rep. Jesse Jackson Jr. introduced The Catching Up to 1968 Act of 2012. It draws its name from the idea that the federal minimum wage would be $10.55 an hour now if it had kept up with inflation over the past 40 years. While the bill has about 20 co-sponsors so far President Obama has yet to endorse it. We speak to longtime consumer advocate and former presidential candidate Ralph Nader.

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Why Bain Matters

by , posted on Thursday, May 24th, 2012 at 1:23 pm

from MoveOn.org Political Action

While at Bain Capital, Mitt Romney destroyed middle class jobs to help the rich get richer. Is that what we want in a president?

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