Posted on 01/07/2012 9:10:07 AM PST by Qbert
Reuters published a blockbuster story today on GS Technologies, a steel mill in Kansas City that was acquired by Bain Capital, leading to the layoffs of some 750 workers. In this case, the workers lost promised severance pay and health insurance; their pension benefits were slashed. and a federal government insurance agency had to bail out the company’s pension plan — even as Bain raked in millions and millions of dollars in profits.
Now a man who says he worked at the plant for 34 years — a self-described conservative — is speaking out about Romney.
Glen Patrick Wells, who lives in Peculiar, Missouri, agreed to appear in a new MoveOn.org video in order to speak out about what the layoffs did to the surrounding community.
[Snip]
“I spent 34 years in this steel mill,” Wells says in the video. “They walked out of here with millions. They left us with nothing.”
I reached Wells today, and unlike Box, he tells me he’s a conservative, who has switched back and forth from Republican to independent, and says he voted for George W. Bush for president in 2000 and 2004 and John McCain in 2008. (He has also supported Claire McCaskill for Senate.) Yet despite his leanings, he was willing to conspire with MoveOn to produce this video, which is a pretty good preview of the sort of thing you’ll be seeing in ads in struggling Rust Belt communities against Romney, should he become the GOP nominee.
[Snip]
“Right now, if Romney gets in, I am so disgusted that I will probably vote for Obama and I detest him,” Wells says. “Anyone who is willing to put a predatory capitalist in office deserves to get Obama.”
(Excerpt) Read more at washingtonpost.com ...
Surely, Ron Paul or Newt will use it against “Mr. Conservative” and I know how to create jobs, Romney.
So perhaps this is why the MSM is pushing for Romney.
This is reminiscent of “A conservative is a liberal who has been mugged.”
No, I’m not a liberal.
However, people will be people and I’m very concerned that, somehow, the upcoming elections will go in a direction that will be very deleterious to all of us.
I’ve been asking around for strategies w/o being too obvious since I don’t want to telegraph our punches. I haven’t seen any way to present a united front to the Marxists. Am convinced that we are in the majority. If we’re fragmented, not so much.
We need to get it together, and soon.
Too bad Romney, who I would still vote for over Obama BTW, doesn't have the spine to call Obama a Socialist.
Then again, I look at Obama as a “predatory Communist”.
So under Obama, the country has lost something like 5 or 6 million jobs and real incomes have dropped for those people with jobs. The economic misery inflicted by O’s failed policies is wide and deep. But the MSM won’t report heart-tugging stories of people suffering under O’s policies. But of course layoffs at the behest of Bain are to be highlighted and used to create a template against Romney. Not defending Romney in any way, just absolutely disgusted that the media won’t report how much real pain O’s policies have caused.
The Obamamedia will never miss a chance to tear down any of the primary candidates, but will reserve the bulk of their fire until after the convention. Then they'll unleash the dogs on the GOP nominee, whoever it is, as they know the attention span of most Americans is very, very short. So yes, they are holding back the best stuff for later use.
Anyone who doesn't already know this, and isn't prepared for it, doesn't follow politics with a close enough eye.
I'm already hearing "creative destruction" every five minutes, spoken with the obligatory sneer.
Former HP Employees whining about being laid off when HP would have gone Bankrupt without the staff reductions.
That's just the way it is. You won't see any ads showing Obama and Jon Corzine who made millions on the backs of the investors he screwed while walking away with $100 Million.
The astonishing thing to me is that the Republican establishment does little to nothing to fight MSM bias. They just allow the MSN to frame debates and create the templates to use against Republicans in general and individual Republican candidates. Not sure a media boycott is the best idea. . . but clearly RNC needs to be more aggressive in fighting the MSM. Rince Princess?? Where’s Rince Princess????
LOL. (I still don’t know how to say it.)
"The Obamamedia will never miss a chance to tear down any of the primary candidates, but will reserve the bulk of their fire until after the convention. Then they'll unleash the dogs on the GOP nominee, whoever it is, as they know the attention span of most Americans is very, very short. So yes, they are holding back the best stuff for later use."
Yep. McCain part 2.
This tells me everything I need to know about this guy. What a tool.
We should pass a law that there should not be any layoffs anytime, that way companies can completely crash and burn so everybody loses their job from the janitor to the CEO. This thinking reminds me of the old Russian parable. Boris and Ivan are peasants and Ivan has a cow, while Boris does not. A Genie comes to Boris and grants him one wish. Boris wishes for Ivan’s cow to die. Our doom is not in any policy choices made by our politicians but in the spreading peasant attitudes of the masses.
There is a downside to leveraged buyout firms like Bain and others.
It values the highest use of the dollar in the short-term over the highest value of the dollar in the long-term. I’ve witnessed it first hand.
It will be a legitimate discussion about RINOmney’s history and source of wealth.
Another hit-job slam article VERY SHORT ON FACTS...
GS was an AGING, money-losing Steel Mill facing imminent closure because they couldn’t pay for the upgrades required under the Clean Air Act. And they were just like dozens of other small steel mills in America.
Romney& Co. bought it, paid for upgrading it, then SOLD IT. The pensions were lost in the LATER 2001 BANKRUPTCY, the mill went out of business when it filed Chapter 11 again in 2007, YEARS AFTER BAIN SOLD IT!
These people bought ALREADY TROUBLED COMPANIES, and tried to fix them.
He’s not winning the nomination
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