Sensata is a company that makes sophsticated sensors that are a key technology for the automobile industry. Sensata is closing their Freeport, IL factory and moving all the equipment and jobs to China. The workers have to train their Chinese replacements or lose severance and unemployment benefits. The moving of equipment and closing of the plant is scheduled for the end of this year.
Bain Capital — the company that Republican presidential candidate Mitt Romney started — owns 51% of Sensata. Romney no longer runs the company, but retains significant investments, including chunks of the Bain funds that own Sensata.
Sensata workers have repeatedly asked Mitt Romney to talk with them, and help them save their jobs. So far, Romney has ignored them.
A new report released by the Institute for America's Future raises critical questions about whether the mortgage fraud task force led by New York Attorney General Eric Schneiderman is being allowed by the Obama administration to do its job, and whether as a result Wall Street bankers guilty of criminal acts will go scot-free.
The report, "Rhetoric or Resources: it's Time To Get Serious," is written by Bart Dzivi, former Special Counsel to the Financial Crisis Inquiry Commission. It focuses on the federal government's legal response to the financial crisis and the looming statute of limitations on legal claims against financial institutions for their role in the crisis. » Read more of Isaiah J. Poole's post.
"Etch-a-Sketch" Mitt Romney continues to reshape himself. Overnight, he's for allowing abortion in cases of rape and incest, after being against it. Now he's the savior of Medicare after being the scourge of the entitlement society.
But for all the shapeshifting, Romney's core worldview is clear, forged in the experience that made his fortune as head of Bain Capital. For this reason, the Campaign for America's Future has created bainofourexistence.com to provide a constantly updated resource of reporting on and analysis of Bain and Romney.
We Americans face a stark choice for our economy in the upcoming election, an election that will unfold in the midst of a historically slow recovery from a devastating economic re more »
We Americans face a stark choice for our economy in the upcoming election, an election that will unfold in the midst of a historically slow recovery from a devastating economic re 
