Sensata And The 99%
Posted by RB in Blog on October 15, 2012 9:50 am / 46 comments
The fever swamp that is Team Obama – particularly the Lefty blogs like DailyKos with help from the SEIU – are trying to stir up a “controversy” that could “end Romney’s campaign” with a story about a company called Sensata. The “scandal” goes like this:
1) A company called Sensata is laying off 170 employees in the US because they’re moving manufacturing to China.
2) Bain Capital has invested in Sensata.
3) ????
4) It’s all Romney’s fault.
That’s the gist of the “scandal.” The only thing they’ve gotten right is that Bain invested in the company. 99% of the other stuff is either a lie or a gross misunderstanding of the nature of private equity firms. Romney hasn’t had anything to do with the day to day operations of Bain since 1999. Bain invested in Sensata in 2006. Any claim linking Romney to anything that is going on with Sensata today is a load of bull. Period.
SooperMexican has done a great job filleting the nonsense on his blog here. Read it.
Kimberly Morin thoroughly debunks the nonsense here. Read it.
With three weeks to go in the election, the Leftist blogosphere is trying to manufacture a “scandal.” Meanwhile, a US Ambassador is dead and the Obama administration has been lying about it for over a month – this, of course, is not a “scandal” according to Obama supporters. It would be hilarious if it weren’t so insanely detached from reality.
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46 Comments
Outsourcing is great when Obama does it. Like outsourcing diplomatic security to the Brits who then outsourced it to “17th February Martyrs Brigade.”
Viva la Soopermexican!
What a lame post.
Romney holds stock in Sensata, and he shifted a significant portion to his foundation. He, through Bain Capital, is responsible for what Bain did and is doing to this company and others like it. They’re crippling the companies with new debt in order to pay their own consulting fees, then shipping jobs overseas to cut costs.
It’s quintessentially unAmerican. Of course, if you’re so blinded by political ideology that you won’t acknowledge this, there’s nothing anyone can say to educate you.
Hi “What the holy heck”
You literally have no idea what you’re talking about. Like, literally.
It just more outsourcing by Romney and his rich pals. It’s more of our middle class left without a paycheck or a pension or healthcare by the guy who says he can bring jobs back to America. Amazing that the guy who gutted America is this close to running it. Pretty stupid country.
Hi Fred,
Here’s the problem: 1) Romney doesn’t have anything to do with Bain decisions anymore. 2) Obama has just as many “rich pals” at Bain as Romney does.
You’ve got nothing.
Saw you sent this link to Candy Crowley. Good call.
Desperation is setting in among Obama troops. And when that happens among the young and naive, panic is sure to follow.
Yes ‘What the holy heck’ there is nothing you can say to educate anyone. You can mislead, obfuscate and outright confuse a low information voter perhaps, but education is one of those things you lack the cerebral cohesiveness to even attempt without qualified supervision. Your lack of remedial level reading comprehension is obvious from the fact that you don’t seem to understand what ‘not running the company since 1999′ means, so I won’t burden your brain with terms like blind trust, because that’s obviously above your ability to understand as well.
But hey, keep clicking on links with information and who knows, you may learn something if it can penetrate the dense bubble you inhabit.
This is how Romney could win the election. By stopping bain from moving those jobs and being the hero. Giving a speech how this is not how bain works when i was in charge. It would be complete BS but the public would soak it in and they would carry him on their shoulder to the white house. However i don’t think he is man enough.
Hi Chuck,
Your concern trolling is adorable.
You call yourself an American. You conservatives are nothing more than fake patriots who support the destruction of the American worker, the destruction of a living wage, and the shipping of US jobs to slave wage labor countries like China.
Romney’s Bain capital forced Sensata workers to train Chinese workers and to fly communist China’s flag while they were doing it. Yet you lie, lie, lie about Obama outsourcing jobs. Why? Because your party has no truthful record to run on. Your party is the party of pretending to love America while actually hating it.
I’ll take Obama’s job record of creating 5.2 million jobs and another 12 million in the next four years (Moodys) over Romney’s record of profiting from sending jobs to China and then hiding the profits in a Cayman Islands account any day of the week. And you anti-american hacks can go choke on those facts.
Hello Robert,
That would be a compelling argument if any of it were true. But, it’s a bunch of malarkey.
These people are blind and I would have to say blind by choice. RB seems to get his news from FOX only. Bill O’Rielly stated during his debate with Jon Stewart that there is a demand for and profit to be made from hate. You can knock these people over the he with facts and they won’t believe the fact because FOX won’t report the facts.
Hi Taylor,
This is me laughing at you, the MSNBC viewer and DailyKos reader -> HAHAHAHAHAHAHAHAHAHAHAHA
RB, like Romney you have no facts, just child-like responses.
I’m glad this is on the front page of Google when searching for Sensata.
The fact is, there’s simply nothing to link Romney to this decision, and the left is grasping at straws trying to make this relate to him somehow. When the link cannot be made, they resort to insults and untrue generalizations (these comments are proof of that).
The fact is, if companies weren’t taxed and regulated so much they could afford to hire more AMERICAN workers! Now THERE’S a change you can believe in!
Hi Taylor,
I have reality on my side. You, conversely, do not.
Romney has had nothing to do with Bain at all for years. oh, except for the millions of dollars he makes from them without working.
and Dick Cheney had nothing to do with Halliburton getting billions of dollars in no-bid contracts, either.
Bain holds a controlling interest of $2.6 billion worth of Sensata. Romney’s campaign stops have avoided any areas impacted by Bain – you know, that company that he has nothing to do with.
keep trying and spending that money – in vain.
the author states:
“This is me laughing at you, the MSNBC viewer and DailyKos reader -> HAHAHAHAHAHAHAHAHAHAHAHA”
and that pretty much sums up the intellectual gravitas of the author. wipe yer chin, “RB”.
Hi Progressive “Centralists” (what does that even mean?)
Romney hasn’t had anything to do with the day to day operations of Bain since 1999. Wrap your teeny brain around that.
Let’s talk about moral decisions…it’s not like Obama didn’t play fast and lose with TAX PAYER monies and lost it INVESTING in those pesky Green companies. Now they are folding and filing bankruptcy left and right to avoid taxes. 90 Billion Dollars……Poof!Gone.
So…when a capital company comes in to save a company there are decisions to be made that don’t always make everyone happy or sit well. Based on the fact that the failing company needed help in the first place, you get what you pay for. Capital companies want a ROI and they will do what is needed within the laws and regulations to make that ROI. Save a company and make some money doing it. Do we wish it was Americans getting those jobs? Of course. What are you going to do when the labor is cheaper and your practically rewarded for sending those jobs to another country? It’s the regulations people. Anyone of us would take advantage of the loopholes to “legally” make more money.
We need change on the inside. The way I see it, we all want the same thing….a strong independent America and the only way we get that is to change it from the inside. I have decided for myself that Obama isn’t it. Romney may not be all I want in a President but 4 more years of O and we may not get a chance to even have this type of conversation.
It is certainly Romney’s fault because he used to work for Bain.
In the same manner that it is O’s fault for all the murders in Chicago, his homeytown.
The REAL question is how many MORE paychecks can Romney squeeze into those Cayman Island bank accounts? Apparently 170 more thanks to Romney/Bain’s pilfering of Sensata.
BTW Rabid Right Wingers. Get the FACTS straight on Greeen Energy investments before you start flying off into right-wing oblivion. Oh, right. To rebpublicans, FACTS are an anathema.
http://factcheck.org/2012/06/romneys-solar-flareout/
“According to Bloomberg News, even with the losses from Solyndra,
the default rate for the DOE’s loans to solar, wind and bio-energy projects is less than 3.6 percent, less than a third of what the White House anticipated.”
RB, facts, http://rockrivertimes.com/2012/10/15/u-s-sen-dick-durbin-to-visit-%E2%80%98bainport%E2%80%99-oct-16-al-sharpton-to-visit-oct-20/
Melonie, apparently you think the last two wars were great for this country, Romney is a puppet and with the help of the BUSH team that he has in place we will soon be fighting another war perhaps with Iran. Melonie, I’m an Iraqi war veteran and I have to tell you read for yourself this war was bogus, Oh, by the way don’t thank me for my service because you are probably one of those nut jobs that agrees with Romney about the 47%. Yes, my retirement is a entitlement as you nut jobs call it, however, it what the government promise me when I risk my life going to war. Romney has 5 boys and not one join the military, Romney did not go to Vietnam but protested for the war.
The best part about these unhinged loons trying to justify this nonsensical attack on Romney is how they actually think this is an election buster for Romney. And that somehow we’re supposed to think that they would vote for Romney “if only” he hadn’t done this stuff they’re accusing him of that he didn’t do.
It’s precious, really.
I’m sorry, did I call you names? No, I didn’t think so. Let’s continue with our manners please.
Here’s the truth, adult style. ALL POLITICIANS HAVE THEIR HANDS IN THE COOKIE JAR. It shouldn’t be a surprise. I am sure together we could list sheets and sheets of “cookie jar” antics from our politicians and we would agree on all of them. But, are your hands in that same cookie jar with the Political Elite? Or, are you pulling out lint from your pockets? I would say that most of us do. Follow the money, follow the regulations THEN follow the money and follow the Elite. (Then maybe follow the money more)
To make the full on changes that everyone wants, there would have to be a full on collapse world wide. No one wants that, at least I don’t. We are so intertwined it’s ridiculous.
So, O has dirt and so does Romney-wow! Big surprise, this debate can go on and on and on and on and ….. no one would win.
It just goes to personal preference at this point. For me, O had his chance and he blew it as far as I am concerned.
Melonie and the rest of you folks voting for Romney. Obama could cure cancer you all would complained that he took jobs away from doctors. Just state the obvious you don’t want the black man in the white house. Melonie I don’t know what your last comment is about, how did Obama blew it with you?
Taylor, did you just play the race card? SMDH. Why is it whenever conservatives disagree with anything Obama says or does, leftists accuse us of racism?
Obama and his cronies have brought a type of corruption to the WH that would make Nixon proud. See what I did there? I, a proud member of the reasonable right, just slammed one of our own. Political crooks come from every party. Truth is colorblind.
This is just another distraction that the dems
are putting out there to keep the news off his lousy
failed policy. They have no record so what can they
do is just try to annoy everyone into believing
their way. We are too smart for that.
All a ploy to take the focus off the economy and the 4 dead American’s from terrorist attacks. Not buying the lies the left is trying to shift the focus.
TAYLOR
Because we don’t know each other other than rantings on a page, I am not take offense to you “Knowing” me or my life. But Sir, please tread carefully on things you absolutely do not know.
“Melonie, I’m an Iraqi war veteran and I have to tell you read for yourself this war was bogus, Oh, by the way don’t thank me for my service because you are probably one of those nut jobs that agrees with Romney about the 47%. Yes, my retirement is a entitlement as you nut jobs call it, however, it what the government promise me when I risk my life going to war.”
Not that I should, but I will tell you, since you shared, I am a product of a war that we lost, Vietnam. I grew up a Military brat and lived my life on bases domestic and foreign. My father retired 20 plus years from the military and my brother and his family are currently serving and has done 2 tours in Iraq and has PTSD because of it. I am not a nut job that thinks your pension is an entitlement. You earned it. I know all too well how invaluable our military is. I hug a vet and shake a hand, I mail out hope boxes to our troops. I still stand, cross my heart and cry when the Star Spangled Banner is played. I love this country dearly, maybe too much, even though you don’t want it, from the bottom of my heart I thank you for serving.
See how these times have pulled all of us apart? Looking for the bad in each other first instead of trying to find the commonality.
[...] story picked up by FOX NEWS! And Twitchy! And the Right Sphere! If you think Romney is responsible for a company he left 12 yrs ago, but Obama isn’t for past [...]
Wow. Do you folks get paid for sitting around and pouncing on stories seemingly detrimental to the Romney campaign? You don’t even know you make our point with every post. Don’t get me wrong, it is humorous and somewhat entertaining, but the vile hatred becomes tedious. So I just want to know is you’re paid for it.
NO SENSE IN TALKING TO THESE PEOPLE HERE SUPPORTING ROMNEY….THEY ARE NOT CONCERNED ABOUT SENSATA……THEY ARE EITHER RICH, IDIOTS, OR PREJUDICE….PERIOD!
Hmmm…here’s some fact amongst all this stuff. I teach keyboards to older folks. Last year (a bad year) I surveyed the last 10 years of where my students originated. The vast majority were professional males – you know, those who make money cause they are gainfully employed? This year is worse than last, for the simple reason that the money has run out and those that are at least employed are not doing anything at all in the way of spending that money. Hey, I made less than $4,000 last quarter! Back when the Reps were still in power I made $11,000 that quarter. I used to get two inquiries per week. Now I get two a month if lucky. We need some change I personally can believe in.
Does anyone else notice the sheer irony here? The left is furious about 170 jobs, but they completely ignore the hundreds of thousands that have lost jobs because of Obama’s policies.
This leads me to believe that these people don’t care about jobs. They only care about distracting people from the real issues.
Turns out Obama has over $100,000 in Sensada stock. Talk about the pot calling the kettle black.
Robert, Taylor & any other PObama supporter,
I read, watch &/or listen to a variety of news sources (Fox News, CNN, ABC, CBS etc,… Even sometimes MSNBC just to see how BIASED & PROPObama they truly are, without any apology or shame. No matter how many times they’ve been caught & busted “editing” or changing a video or sound byte of a Republican, they still DO it. (Ex., Gov. Romney’s comment @ WaWa’s customers’ sandwich ordering device, Gov. Romney’s joking comment @ the window to his campaign plane’s windows unable to open & using the the deliberate scrolling “Ryan Ryan Ryan” across the screen while the crowd was REALLY chanting “Romney Romney Romney.”
Wow…. Seriously folks? Yeah, I’m a vet. Got out two years ago. Joined post 9/11. What does that have to do with my politics? Nada. You know why? Because if your candidate needs to have served, then write in Ron Paul right now, cause noone else on the ticket has. Do we even care here about civil liberties? No, its all class warfare, racecards, trolling, and bile. You… All of you, are the reason we are in disunion. We are countrymen, and we have two choices: hang together against the oligarchy of Washington, or… Kill each other in the streets GONY style. I hope yall choose the former, but by God I have a lead pipe, brass knuckles and am M4 ready if you prove more foolish than I hope yall are. We are all Americans, and the power-seeking are just that; seekers of power. Power over you, and me. They all deserve our distrust. With that in mind, vote for the guy or gal, on whom you think we can keep a tight leash. Settle down folks. Everybody is brave behind a keyboard, but you better pray you never have to back up the rubbish you spew, because on that day we all lose. CY6
[...] And the Right Sphere! [...]
[...] by stalwart conservative fighters @SooperMexican and @RBpundit, Twitter users are setting the record straight. If you think Romney is responsible for a company he [...]
@VanJones68 is urging people to get on this and they’re all using hashtag #Sensata, so you can be sure they hope to see this brought out in the debate tonight.
It takes time for federal policies to have a direct impact on everyday people throughout the country. Sometimes a year, but usually this takes several years. Let’s call it “trickle-down economic policies”. Currently, corporate profits are at an all time record High! The “job-creators” have never had it better. They pay low tax and their profits have never been higher.
So why do we still have low employment? Because ‘trickle-down / supply side economics’ just simply DOES NOT work. Low tax on the high end earners doesn’t create jobs. It never has. It creates Hoarding. There just is not an incentive to create jobs here in America when we have such open free-trade for company owners to have products manufactured in slave wage countries. The tariffs are not strong enough to protect American jobs. There is no penalties… no tax to protect America. And the wealthy love this. This is the Republican party… Exploit American politics and outsource jobs in order to make pennies on the dollar more than keeping jobs here in America.
And the reason now we do not have economic growth….. because the Middle Class just doesn’t have the disposable income they used to have. Wages are way lower than the rate of productivity. The Middle Class has been damaged profoundly from this toxic “theory” of “trickle down”.
Hello John,
You’re wrong. The reason the economy isn’t moving is because Obama and Democrats piled on massive regulations on everything from energy, to banking, to health care, that has put the fear of God into people who would normally take the risk of starting businesses or expanding current ones. They also don’t know what’s next. Obama is promising higher taxes and more deficit spending. That’s why job creation is sagging.
Period.
Have a nice day on whatever planet you live on.
[...] Just to help you keep track, this week’s outrage from the Left included Romney being an omnipotent capitalist mastermind and something about Romney making binder out of the flesh of women or something (oh “binders [...]