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jo
Lv 5
jo asked in Politics & GovernmentElections · 9 years ago

So is this is an example of how Romney will save this country's economy?

Delphi was an auto supplier to GM

In 2009, they had financial problems

Romney's company bought it and secured $12 billion in auto bailout loans

Then they cut pensions, gutted health care coverage, closed 25 plants and sent the jobs overseas

And Romney added 15 million to his pocket

Sensata, 51% owned by Romney, made $471 million in their 3rd qtr earnings. To make even more money, their jobs are going to China in December. However, they have been threaten with immediate plant closing if they don't stop the picketing. How is that going to bring new jobs to Freeport, Il?

"In Romney World, the workers get the shaft." The best predictor of future behavior is past behavior.

Update:

Tex, I may be misinformed but don't call me a liar. http://www.pbgc.gov/wr/large/delphi/delphifaq.html

7 Answers

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  • ?
    Lv 5
    9 years ago
    Favorite Answer

    For you uninformed, you better understand the Mormon mentality

    Let Mitt explain "Bleeding The Beast"

    Where single “unmarried” Mormon women have multiple children,

    and screw the government as they receive unwarranted benefits.

    Source: Jon Krakauer, author "Under the Banner of Heaven"

    What does Mitt say about this???

    Read it, and you will not vote Romney

  • Seaday
    Lv 5
    9 years ago

    If he can downsize the federal government and increase efficiency, it is worth a try. At present it consumes huge amounts of money and accomplishes very little. And, he could not send the government overseas, it is one of those things that needs to be fairly close to the site. His talents could be freely expressed while his bad habits could be curtailed.

    Actually, I don't think either of the two main candidates deserve a vote. Maybe one of the four independent candidates is a better choice. Wouldn't that shake things up!

  • 9 years ago

    Obama = Solyndra

    Romney = Staples

    I will take the businessman with the PROVEN history of economic success

  • 9 years ago

    Obama's history of failure (not to mention that of corruption, deception & dishonesty) has disqualified him from holding the office of the Presidency.

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  • John
    Lv 7
    9 years ago

    That's business in a free economy. Or would you rather have 0bama bail them out too on the taxpayers' dime?

  • Anonymous
    9 years ago

    romney really helped GM in detriot what a great buisness man

  • Anonymous
    9 years ago

    liar--THE DOCUMENTATION SHOWS THAT ERIC HOLDER AND BARRACK OBAMA WERE DIRECTLY REPSONSIBLE FOR THE NON-UNION WORKERS LOSING THEIR PENSION. Sorry--the employees were screwed first then Romeny bought the place.

    YOU ARE A LIBERAL LIAR

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