Mitt Romney won’t intervene in Bain’s export of 170 American jobs to China

The company is profitable.

Sensata Technologies, 2520 S. Walnut Road, Freeport, Illinois – which was created by Bain Capital in 2006 – develops, manufactures, and sells sensors and controls for major auto manufacturers such as Ford and General Motors.

Despite rising profits, the company plans to institute the final layoffs in November. The workers are training their Chinese replacements, who have been flown to Illinois by the company.

Republican presidential candidate Mitt Romney is a co-founder of Bain Capital, the private equity investment firm that created Sensata. According to SEC filings, Romney served as CEO of Bain Capital from its founding in 1984 until 2002. Romney, however, has repeatedly said he left the company in 1999.

The employees’ website is Bainport.com.

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Why Romney can’t save the Sensata workers

By Dan Primack September 18, 2012: 4:43 PM ET

Sorry, but Mitt Romney won’t save the Freeport jobs

Protesters want Mitt Romney to intervene on their behalf.

FORTUNE — As Occupy Wall Street celebrated its one-year anniversary yesterday in Zuccotti Park, a much smaller group of protesters set up camp in the northwestern Illinois town of Freeport. They called it called BainVille, in sarcastic homage to the private equity firm they blame for outsourcing their jobs to China.

What the protesters want is for Mitt Romney to intervene on their behalf, leveraging both his national profile and his relationship with Bain Capital executives. And, in theory, it makes sense. After all, what presidential candidate wouldn’t want to help save 170 American manufacturing jobs? Particularly someone who talks about getting tough with China?

But it simply isn’t going to happen.

For the uninitiated, here’s a quick backgrounder: Late last year, a Bain-owned company called Sensata Technologies (ST) agreed to

Mitt Romney shoots off his Foot-In-Mouth Disease… again.

There are so many hilarious headlines that could be written.

What an utter idiot.

The Secret Service can protect him from others, but they can’t protect Mitt from his own political suicide.

More signs of President Obama’s re-election.

Oh… and be certain to read the comments following the story.

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Romney’s statement perfectly undiplomatic

Mitt Romney makes remarks on the attack on the US consulate in Libya (Reuters)September 12,

2012 6:41 pm, by Edward Luce

There are moments that can indelibly brand a politician and Mitt Romney may just have met his.

U.S. Republican presidential nominee and former Massachusetts Governor Mitt Romney makes remarks on the attack on the U.S. consulate in Libya, in Jacksonville, Florida September 12, 2012. REUTERS/Jim Young (UNITED STATES – Tags: POLITICS ELECTIONS)

The alacrity – and brittle certainty – with which the Republican nominee responded to the violence against US diplomats on Tuesday night offers a snapshot of why his candidacy has failed to attract true believers. On Wednesday morning, Hillary Clinton read out a sombre statement condemning the killing of Chris Stevens, the US ambassador to Libya, and three other Americans. Forty minutes later, Barack Obama followed suit. Both focused on Mr Stevens’ tragic death.

In between Mr Romney squeezed in an openly political press conference in which he called the Obama administration’s response “disgraceful” and said it “should never apologise for America.” His condolences were brief and dutiful. The exercise was based on the strained allegation that Mr Obama had sought to mollify the protestors in Egypt (the US embassy in Cairo issued a statement that had not been approved by the White House).

In a race between two more evenly matched candidates, Tuesday night’s significance would have been to inject a foreign policy dimension into an almost wholly domestic campaign. That may be one outcome. But Mr Romney has