Amy Goodman
@DemocracyNow·3.2M subscribers·19.4K videos
Laid Off Steelworker: Mitt Romney, Bain Capital Profited By Shutting Down Kansas Steel Plant
Posted
January 10, 2012
Views
6,589
Likes
57
Comments
70
Engagement
January 10, 2012
6,589
57
70
1.93%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
11:08Now PlayingDemocracyNow.org - As Republican Presidential candidate Mitt Romney comes under fire in New Hampshire for touting his business experience, we look at how his private equity firm, Bain Capital, drove a Kansas City steel plant into bankruptcy, leading to some 750 layoffs and a federal bailout. Bain still walked away with millions of dollars in profits. We speak with Reuters reporter Andy Sullivan who covered the story, and with Joe Soptic, a steelworker who lost his job at Kansas City's Worldwide Grinding Systems steel mill after 28 years. "The first thing I noticed after the company was bought out ... they became very union non-friendly. They started looking for ways to eliminate jobs," says Soptic. "In my department, they actually offered to buy our jobs out from underneath us. They cut back on safety equipment." Regarding Romney's business acumen, Soptic adds, "If he runs the country the way he ran our business, I would not want him as president."
To watch the complete daily, independent news hour, read the transcript, download the podcast, and for the additional 2012 election coverage in the Democracy Now! news archive, visit
FOLLOW DEMOCRACY NOW! ONLINE:
Twitter: @democracynow
Subscribe on YouTube
Listen on SoundCloud
Daily Email News Digest
Please consider supporting independent media by making a donation to Democracy Now! today, visit
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
