Dear Mister Romney,
You claim to be for the middle class, and asserted unequivocally in the first Presidential Debate against President Obama that you “have no idea” what he was talking about regarding the predatorily greedy practice by your company, Bain Capital, in carving up companies and outsourcing jobs overseas as a means of reaping profits to the detriment of hardworking Americans. The case of Sensata workers in Freeport Illinois, their jobs and livelihoods outsourced to China, and the workers made to train their Chinese replacements shows that assertion to be either a complete fabrication, a careless disregard for the American worker and the voter, or a stunning lack of oversight by a man touting his supreme business experience.
Here are the facts in the case of the later: Sensata Technologies was hit hard in the global downturn, but rebounded quickly to show a profit this year. In a misleading letter to Congressman Don Manzullo, the company, bought by Bain Capital, the company you maintain a controlling interest in, claimed two-thirds of the company’s revenue’s are overseas. 37% is in fact in this country, with 32% in Europe. The remaining 31% is in Asia. By those standards, there seems little reason to outsource an otherwise healthy and profitable company except out of pure profit, and with a willful disregard to the lives and families and well-being of those workers.
In a recent reply to Congressman Manzullo from Thomas Wroe, Jr. Chief Executive Officer Sensata Technologies, Wroe stated that “…out of 11,400 employees worldwide… We have approximately 9% of our people and 45% of our global payroll in the U.S… Closing the Freeport facility is the right strategy for our business in order to deliver value to our shareholders and to support our global customers.”
How perverse that this nation accepts the ascension of any candidate that would espouse and support such a cruel and inhuman system. In a proper society not so thoroughly silenced and discouraged beneath the boot of rampant and corrupt economic pornography such acts would be illegal and met harshly with the fullest weight of the law. But the very government and legal system that should uphold and defend the constitution and justice has been so completely co-opted as to be easier trashed than reformed.
You. You have the power to change this. You can begin the transformation towards equal justice, and restoration of faith in law by drawing the moral and ethical line in Freeport. You have the power of stopping the very real destruction and upheaval of lives, and in preventing a blow to an entire community. That ultimate consideration should be the least the American people expect, no, demand from a man who desires the presidency. Any less, and any less consideration should mean immediate exclusion from that office, indeed any office imbued with intimate public trust.
Defuse! Denounce! Divest!
Defuse the time bomb your company Bain, whose policies you have championed to the detriment of conscience, has lit beneath the lives of 170 good and decent people, and beneath a community who will not bear this pain lightly. Defuse the time bomb which will deliver the crippling weight of debt, the loss of benefits, the collapse of dreams and the erasure of the work of whole lives.
Denounce this perversion of economics, and the misguided path of a company so fully animated by the religion of money and the lust for more that it has abandoned all humanity. Denounce the policies that would rationalize and legitimize the abstract of economy over the reality of human pain and suffering. Choose the better path, and if you cannot see that better path then you must consider it a deficit in your own perspective.
Divest yourself from profiteering and the hundreds of thousands you will personally make from the unnecessary dismantling of a profitable company to the detriment of those 170 workers, their families and their community. Divest yourself from this selfish and self-serving immorality and pray to god, before this goes any further, and whole lives are upended and faith in this nation further eroded for the forgiveness of god and the good and decent people of this nation; both the 47% you referred to and the 99% they belong to. Only then can anyone of true heart and character begin to believe that you do indeed care for this nation and its people.
With ultimate resolve,
A deeply concerned American…