President Cohen: Workers Have Been "Bain-ed"

Ed Schultz interviews CWA President Larry Cohen in Washington.

Mitt Romney's vulture capitalism is threat to middle-class, working Americans, said CWA President Larry Cohen on "The Ed Show."

"Mitt Romney brought us a new verb in the English language called 'Bain-ed,'" he said during the Labor Day interview. "Workers know they are Bain-ed when their jobs are sent out of the country. They're Bain-ed when their pay is cut. They're Bain-ed when they lose their pensions and health care. That's what Mitt Romney is about."

In contrast, President Barack Obama has affirmed his commitment to protecting collective bargaining rights. But to win workers' votes in the upcoming election, he needs to take that vow a step further, Cohen said.

"What workers want to hear is that he's ready to expand bargaining rights since they're now at the lowest levels since 1900," he said. "It's bargaining rights that raise pay. It's bargaining rights that allow workers to have a voice in this economy. It's bargaining rights that could help bring the economy back as people lift themselves up."

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