Breaking: Spines Spotted In Chicago
Well, now: it finally happened. Workers not only woke up to the fact that all of the federal bailouts weren't going to do them a bit of good, they also decided to do something about it.
According to this AP article published in the NY Times (which I will not be quoting for obvious reasons), about 250 workers have occupied their employer's factory after the company shut its doors without any notice. They intend to stay there until severance and vacation pay due them is guaranteed.
The company is Republic Windows and Doors, and a spokesman for the company told the AP that the precipitous closure was necessary because its creditor, Charlotte, N.C.-based Bank of America, won't let them pay their employees, which is rather interesting because BofA recently received $25 billion from the feds as part of that massive bailout Bernanke, Paulson, and Bush convinced Reid and Pelosi was necessary or the sky would fall and the American Way of Life would end.
Well, for these employees the sky has fallen and the American Way of Life has ended. Now these people are left without a job, without the benefits and the back wages they have earned, and without health care coverage. But, hey!, the folks with Wall Street Connections are doing just fine, thank you very much.
It is fitting that this action took place in Chicago, the site of the Haymarket Square action. May workers all over the country being raped by the current government plans take heart over the actions of their brothers and sisters in Chicago and take action as well.
It's long overdue.
Update: The problem these workers face was caused by the Bank of America, a fact which I didn't make clear. BofA got $25 billion from the government to loosen up credit a little, but BofA was unwilling to use that cash for that purpose when it came to Republic Windows. There is something we can do about it. Let Bank of American know you are appalled by their decision, and send a copy of that letter to your congress critters and the President Elect.
Thanks to Karin Hussein for pointing this out.
According to this AP article published in the NY Times (which I will not be quoting for obvious reasons), about 250 workers have occupied their employer's factory after the company shut its doors without any notice. They intend to stay there until severance and vacation pay due them is guaranteed.
The company is Republic Windows and Doors, and a spokesman for the company told the AP that the precipitous closure was necessary because its creditor, Charlotte, N.C.-based Bank of America, won't let them pay their employees, which is rather interesting because BofA recently received $25 billion from the feds as part of that massive bailout Bernanke, Paulson, and Bush convinced Reid and Pelosi was necessary or the sky would fall and the American Way of Life would end.
Well, for these employees the sky has fallen and the American Way of Life has ended. Now these people are left without a job, without the benefits and the back wages they have earned, and without health care coverage. But, hey!, the folks with Wall Street Connections are doing just fine, thank you very much.
It is fitting that this action took place in Chicago, the site of the Haymarket Square action. May workers all over the country being raped by the current government plans take heart over the actions of their brothers and sisters in Chicago and take action as well.
It's long overdue.
Update: The problem these workers face was caused by the Bank of America, a fact which I didn't make clear. BofA got $25 billion from the government to loosen up credit a little, but BofA was unwilling to use that cash for that purpose when it came to Republic Windows. There is something we can do about it. Let Bank of American know you are appalled by their decision, and send a copy of that letter to your congress critters and the President Elect.
Thanks to Karin Hussein for pointing this out.
Labels: Credit Crunch, Unions
posted by Diane at 3:45 AM
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