COMMENTS: 44
Obama: Laid-Off Workers Occupying Factory in Chicago Are 'Absolutely Right'
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Note: About 250 union workers occupied the Republic Windows and Doors plant in shifts Saturday, saying they won't go home without assurances they'll get severance and vacation pay, while union leaders outside criticized a Wall Street bailout they say is leaving laborers behind.
President-elect Barack Obama put himself on the side of the workers at the Republic Windows and Doors factory Sunday:
“When it comes to the situation here in Chicago with the workers who are asking for their benefits and payments they have earned, I think they are absolutely right,” Obama said Sunday at a news conference announcing his new Veterans Affairs director. “What’s happening to them is reflective of what’s happening across this economy.
“When you have a financial system that is shaky, credit contracts. Businesses large and small start cutting back on their plants and equipment and their workforces. That’s why it’s so important for us to maintain a strong financial system. But it’s also important for us to make sure that the plans and programs that we design aren’t just targeted at maintaining the solvency of banks, but they are designed to get money out the doors and to help people on Main Street. So, number one, I think that these workers, if they have earned their benefits and their pay, then these companies need to follow through on those commitments.
“Number two, I think it is important for us to make sure that, moving forward, any economic plan we put in place helps businesses to meet payroll so we are not seeing these kinds of circumstances again,’’ he said. “Have we done everything that we can to make sure credit is flowing to businesses and to families, and to students who are trying to get loans? And to homeowners who have been making payments on their homes but are still finding their property values so depressed that it becomes very difficult for them to make the mortgage payments?
“That’s where the rubber hits the road and that’s going to be the central focus of my administration.
---
More from Rupa Panoy at the AP:
Leah Fried, an organizer with the United Electrical Workers, said the Chicago-based vinyl window manufacturer failed to give 60 days' notice required by law before shutting down.
During the two-day peaceful takeover, workers have been shoveling snow and cleaning the building, Fried said.
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Comments are closed-
Posted by: jon B on Dec 8, 2008 1:48 AM
Current rating: 5 [1 = poor; 5 = excellent]
You can see from the article the bank bailout has been an utter failure for America except for those on Wall Street getting the money. That money was supposed to help the banks make loans, to free up the credit market. Instead the banks have mainly been shoring up their reserves, it's all about self interest. The banks are making sure they survive, but who cares about their clients.
It's one of the things that gets me about the Auto loans. The banks that got the hundreds of billions should be the ones giving the Detroit auto makers the loan, not our government. It's what the bailout was for, loaning out money.
I suspect that the banks are hording the billions because they figure that soon many companies are going to be suffering so bad that plenty of business bankruptcies are in the near future. So any outstanding loans to any company that goes bankrupt will end up in the economic thin air, gone in 60 seconds.
2009 could be a worse year for the US than 2008. Not only do we have the ongoing housing devaluation, or mortgage meltdown, we are now beginning to see the commercial real estate market suffering. My local mega mall just declared bankruptcy. The banks aren't going to get paid for loans from that mall, and we can expect that to begin playing out across the US.
And we know one thing, the middle and lower class will get the shaft repeatedly through the coming year. Just as in this Chicago plant the workers will lose jobs. We are in an economic downward spiral with no end in sight. I feel sorry for those workers in Chicago, but ultimately there's not going to be much work for them to do or for many other millions of Americans. I would say that anyone that thinks their job is not in jeopardy had better think twice.
And I don't really see any good answers. Debt is the name of the game. Everywhere you look there is debt. Personal debt is at record levels. Companies are in debt and begging for loans from either banks or our government. Banks aren't lending to either people or companies because they are afraid of creating more debt. Local communities and states are having to cut services from reduced tax revenues. And our federal government is trying to print money as fast as they give it away, which will probably come back to deeply haunts us with hyper-inflation some day down the line.
A massive FDR type program is the latest bright idea to save the economy. I'm not for or against this but let's remember a little history, our federal government wasn't drowning in debt when FDR instituted his programs. We will be starting the spend-a-thon with over $10 trillion on the federal debt.
I can't but think we are going to need a name for these times. We had a Great Depression, what should we call this era? Maybe something that uses current common vernacular, The Great Crap-out.
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Posted by: Bronxborn on Dec 8, 2008 2:33 AM
Current rating: Not yet rated [1 = poor; 5 = excellent]
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» They shut down to move to Iowa in secret.
Posted by: and_abottleofrum
» RE: They shut down to move to Iowa in secret.
Posted by: VZEQICVA
» RE: Workers occupy factory
Posted by: AndyF
» RE: Workers occupy factory
Posted by: 2thepoint
» RE: Workers occupy factory
Posted by: jon B
» RE: In his infinite stupidity
Posted by: Longdream
» RE: In his infinite stupidity
Posted by: 2thepoint
» RE: Workers occupy factory
Posted by: Quannah
» RE: Workers occupy factory
Posted by: 2thepoint
» RE: Workers occupy factory
Posted by: Quannah
Comments are closed-
Posted by: lorenbliss on Dec 8, 2008 2:46 AM
Current rating: 4 [1 = poor; 5 = excellent]
Until I heard of this labor action in Chicago, I was increasingly crushed by despair. But the uprising in Chicago -- and that is what it is -- could at last be the start of genuine working-class transformation, the emergence of a new class-consciousness bolstered by “which-side-are-you-on” defiance of a magnitude the United States has all but forgotten. Indeed it provides the first reason for legitimate optimism I have seen in this wretchedly oppressed nation for 45 years. Note too the strike organizer is a woman -- reminiscent of how it all began in Petrograd in 1917, when the valiant women of the Lesnoy Textile Works boiled into the street on 8 March 1917 in outrage at food shortages and workplace oppression, calling to their male comrades to join them in marching against hunger, despotism and war. The date, later immortalized as International Women's Day, marks the true beginning of the Revolution of 1917.
Knowing how such events are quickly suppressed by the Big Business/Big Lie media, whether in pre-revolutionary Tsarist Russia or in the United States of today, here is the URL of the (historically radical) union that organized the Chicago take-over:
http://www.ueunion.org/index.html
This will allow each and every one of us to get the relevant news and information directly from its source.
Meanwhile let us honor the courage of our beleaguered sisters and brothers by standing with them -- each in our own way -- in unflinching solidarity.
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Posted by: ellie on Dec 8, 2008 4:15 AM
Current rating: 5 [1 = poor; 5 = excellent]
my hubby is a proud retiree of the United Electrical Workers, he is still a union electrician... it's the ethics of the union, service, so even if these members are staying put until they get paid, they are cleaning up the shop...
when we had a bad windstorm here a few months ago, hubby and several other retired high voltage electricians pitched in and helped people and visiting electricians get the power back on, these retirees never asked for a thin dime, just did what was right...
if we lived closer, we would be joining these folks... go UEW!!! this is the proper face of the power of unions!!!
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» RE: the nuts and bolts... UEW...
Posted by: VZEQICVA
» Right On
Posted by: gellero1
Comments are closed-
Posted by: beyondgreen on Dec 8, 2008 4:18 AM
Current rating: Not yet rated [1 = poor; 5 = excellent]
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Posted by: Last Chance on Dec 8, 2008 4:35 AM
Current rating: Not yet rated [1 = poor; 5 = excellent]
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» They went to Iowa.
Posted by: and_abottleofrum
» RE: They went to Iowa.
Posted by: Last Chance
» That's a crock.
Posted by: and_abottleofrum
» RE: That's a crock.
Posted by: madregal
» RE: They went to Iowa.
Posted by: Quannah
» RE: They went to Iowa.
Posted by: pjnaltykins
Comments are closed-
Posted by: jadresak on Dec 8, 2008 4:35 AM
Current rating: 5 [1 = poor; 5 = excellent]
I'm very surprised that Obama cam out in the workers favor considering the action was clearly 'illegal'. But i dont think Obama supporting them is any good. As soon as the stakes get higher and the workers start demanding ownership of the factory (which they should), i'm sure Obama's heavy hand will come down against the workers.
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» The Owners would love it.
Posted by: gellero1
Comments are closed-
Posted by: opmoc on Dec 8, 2008 5:36 AM
Current rating: 5 [1 = poor; 5 = excellent]
The same thing is happenning in the UK - with perfectly viable businesses being denied normal Working Capital from banks.
Its perfectly normal for Business to run on debt. Providing they make a profit - and pay the interest - the banks should have absolutely no reason to demand all their loan back NOW.
Its kind of like - you take out a 25 year mortgage on a house. You've been keeping up all the Mortgage Payments for 5 Years - and then the Bank suddenly demands you pay back the entire loan immediately. So you are forced to sell your house - but every bank is doing the same thing to everyone who has got a mortgage - all at the same time. So everyone has to sell their house - but the banks won't lend anyone any money - so there are no buyers.
The Banks are crashing the Entire Financial System WORLDWIDE.
A Business can only now be viable - if it is sitting on vast quantities of cash - but as nearly Everyone is about to lose their jobs and will have no money - they will have no customers. Also leaving a company's cash in a Bank is inherently Dangerous in itself. Are you sure the Bank itself won't go bust - and take all your money with it?
This spiral of collapse is completely unnecessary - but DELIBERATELY PLANNED.
If you think things are bad now - Well You Ain't Seen Nuffin Yet.
When the Masses Start to Get Hungry, and Their Wide Screen TV's stop working - they will get VERY ANGRY.
[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]
» RE: This is just a tiny tip of a Colossal Financial Worldwide Collapse
Posted by: Gisele
» They are damned if they do and damned if they don't!
Posted by: harryf200
Comments are closed-
Posted by: theVRWCwhodatesLiberals on Dec 8, 2008 6:51 AM
Current rating: 1 [1 = poor; 5 = excellent]
put down your pom pom's
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» RE: This is why your State has a Attorney General and Labor Bureau
Posted by: VZEQICVA
» RE: This is why your State has a Attorney General and Labor Bureau
Posted by: 2thepoint
» RE: This is why your State has a Attorney General and Labor Bureau
Posted by: Gisele
» I want a B of A loan just becuase
Posted by: theVRWCwhodatesLiberals
» RE: This is why your State has a Attorney General and Labor Bureau
Posted by: Quannah
Comments are closed-
Posted by: VZEQICVA on Dec 8, 2008 6:58 AM
Current rating: 5 [1 = poor; 5 = excellent]
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» Sounds like France
Posted by: theVRWCwhodatesLiberals
» RE: Sounds like France
Posted by: Quannah
Comments are closed-
Posted by: nobody4prez on Dec 8, 2008 7:36 AM
Current rating: 5 [1 = poor; 5 = excellent]
Hey, even Nixon went to meet protesters at the Lincoln Memorial in May, 1970 (admittedly, he talked about football with them).
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Posted by: orftc on Dec 8, 2008 11:30 AM
Current rating: 5 [1 = poor; 5 = excellent]
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Comments are closed-
Posted by: J Flory on Dec 8, 2008 11:31 AM
Current rating: 1 [1 = poor; 5 = excellent]
What scares me is the unthinking scapegoating and unrealistic ideas. Insisting that the lender (Bank of America) is responsible for continuing to fund the employer and is to blame for the workers not getting paid? The lender is not responsible for the debts of the employer or to throw more good money after bad.
We need enforced laws and regulations where the employers are responsible, in return for being allowed to do business, for taking a reasonable level of care for their workers. Those that don't should be subject to big enough penalties to deter them. If the employers can be made to make good on their obligations, great, but if they can't, trying to stick the lender for the bill is outrageous. We could/should have bigger and better unemployment compensation funds paid by all employers to cover this--- again, the lender Bank of America isn't the problem.
I'm sick of seeing the B word used to justify all kinds of nonsense-- the idea that someone got a big bailout, so now nobody should pay their debts and the banks should pay. We do need to decide as a people how much we need to tax ourselves to fund those who have been hit the hardest, and who should get how much aid.
But the US people and the US government are not (yet) some kind of protection racket that can go to the banks and tell them they have to take us on as their partners with some "bailout" money, and then expect them to be our personal piggy bank for all the money we want--- here Bank of America, here is your $10 billion share of the "bailout", now you have to "loan" us (with no obligation to pay you back) ten times as much to pay the debts of any company you did business with and to pay off the debts of homeowners who just can't repay themselves.
[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]
» RE: It's not that simple
Posted by: Quannah
Comments are closed-
Posted by: MarkDworkin on Dec 8, 2008 1:57 PM
Current rating: 5 [1 = poor; 5 = excellent]
[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]
» RE: When the Argentine economy collapsed, laid off workers sat in too
Posted by: truth+equality
Comments are closed-
Posted by: jon B on Dec 8, 2008 1:48 AM
Current rating: 5 [1 = poor; 5 = excellent]
You can see from the article the bank bailout has been an utter failure for America except for those on Wall Street getting the money. That money was supposed to help the banks make loans, to free up the credit market. Instead the banks have mainly been shoring up their reserves, it's all about self interest. The banks are making sure they survive, but who cares about their clients.
It's one of the things that gets me about the Auto loans. The banks that got the hundreds of billions should be the ones giving the Detroit auto makers the loan, not our government. It's what the bailout was for, loaning out money.
I suspect that the banks are hording the billions because they figure that soon many companies are going to be suffering so bad that plenty of business bankruptcies are in the near future. So any outstanding loans to any company that goes bankrupt will end up in the economic thin air, gone in 60 seconds.
2009 could be a worse year for the US than 2008. Not only do we have the ongoing housing devaluation, or mortgage meltdown, we are now beginning to see the commercial real estate market suffering. My local mega mall just declared bankruptcy. The banks aren't going to get paid for loans from that mall, and we can expect that to begin playing out across the US.
And we know one thing, the middle and lower class will get the shaft repeatedly through the coming year. Just as in this Chicago plant the workers will lose jobs. We are in an economic downward spiral with no end in sight. I feel sorry for those workers in Chicago, but ultimately there's not going to be much work for them to do or for many other millions of Americans. I would say that anyone that thinks their job is not in jeopardy had better think twice.
And I don't really see any good answers. Debt is the name of the game. Everywhere you look there is debt. Personal debt is at record levels. Companies are in debt and begging for loans from either banks or our government. Banks aren't lending to either people or companies because they are afraid of creating more debt. Local communities and states are having to cut services from reduced tax revenues. And our federal government is trying to print money as fast as they give it away, which will probably come back to deeply haunts us with hyper-inflation some day down the line.
A massive FDR type program is the latest bright idea to save the economy. I'm not for or against this but let's remember a little history, our federal government wasn't drowning in debt when FDR instituted his programs. We will be starting the spend-a-thon with over $10 trillion on the federal debt.
I can't but think we are going to need a name for these times. We had a Great Depression, what should we call this era? Maybe something that uses current common vernacular, The Great Crap-out.
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Comments are closed-
Posted by: Bronxborn on Dec 8, 2008 2:33 AM
Current rating: Not yet rated [1 = poor; 5 = excellent]
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» They shut down to move to Iowa in secret.
Posted by: and_abottleofrum
» RE: They shut down to move to Iowa in secret.
Posted by: VZEQICVA
» RE: Workers occupy factory
Posted by: AndyF
» RE: Workers occupy factory
Posted by: 2thepoint
» RE: Workers occupy factory
Posted by: jon B
» RE: In his infinite stupidity
Posted by: Longdream
» RE: In his infinite stupidity
Posted by: 2thepoint
» RE: Workers occupy factory
Posted by: Quannah
» RE: Workers occupy factory
Posted by: 2thepoint
» RE: Workers occupy factory
Posted by: Quannah
Comments are closed-
Posted by: lorenbliss on Dec 8, 2008 2:46 AM
Current rating: 4 [1 = poor; 5 = excellent]
Until I heard of this labor action in Chicago, I was increasingly crushed by despair. But the uprising in Chicago -- and that is what it is -- could at last be the start of genuine working-class transformation, the emergence of a new class-consciousness bolstered by “which-side-are-you-on” defiance of a magnitude the United States has all but forgotten. Indeed it provides the first reason for legitimate optimism I have seen in this wretchedly oppressed nation for 45 years. Note too the strike organizer is a woman -- reminiscent of how it all began in Petrograd in 1917, when the valiant women of the Lesnoy Textile Works boiled into the street on 8 March 1917 in outrage at food shortages and workplace oppression, calling to their male comrades to join them in marching against hunger, despotism and war. The date, later immortalized as International Women's Day, marks the true beginning of the Revolution of 1917.
Knowing how such events are quickly suppressed by the Big Business/Big Lie media, whether in pre-revolutionary Tsarist Russia or in the United States of today, here is the URL of the (historically radical) union that organized the Chicago take-over:
http://www.ueunion.org/index.html
This will allow each and every one of us to get the relevant news and information directly from its source.
Meanwhile let us honor the courage of our beleaguered sisters and brothers by standing with them -- each in our own way -- in unflinching solidarity.
[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]
Comments are closed-
Posted by: ellie on Dec 8, 2008 4:15 AM
Current rating: 5 [1 = poor; 5 = excellent]
my hubby is a proud retiree of the United Electrical Workers, he is still a union electrician... it's the ethics of the union, service, so even if these members are staying put until they get paid, they are cleaning up the shop...
when we had a bad windstorm here a few months ago, hubby and several other retired high voltage electricians pitched in and helped people and visiting electricians get the power back on, these retirees never asked for a thin dime, just did what was right...
if we lived closer, we would be joining these folks... go UEW!!! this is the proper face of the power of unions!!!
[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]
» RE: the nuts and bolts... UEW...
Posted by: VZEQICVA
» Right On
Posted by: gellero1
Comments are closed-
Posted by: beyondgreen on Dec 8, 2008 4:18 AM
Current rating: Not yet rated [1 = poor; 5 = excellent]
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Comments are closed-
Posted by: Last Chance on Dec 8, 2008 4:35 AM
Current rating: Not yet rated [1 = poor; 5 = excellent]
[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]
» They went to Iowa.
Posted by: and_abottleofrum
» RE: They went to Iowa.
Posted by: Last Chance
» That's a crock.
Posted by: and_abottleofrum
» RE: That's a crock.
Posted by: madregal
» RE: They went to Iowa.
Posted by: Quannah
» RE: They went to Iowa.
Posted by: pjnaltykins
Comments are closed-
Posted by: jadresak on Dec 8, 2008 4:35 AM
Current rating: 5 [1 = poor; 5 = excellent]
I'm very surprised that Obama cam out in the workers favor considering the action was clearly 'illegal'. But i dont think Obama supporting them is any good. As soon as the stakes get higher and the workers start demanding ownership of the factory (which they should), i'm sure Obama's heavy hand will come down against the workers.
[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]
» The Owners would love it.
Posted by: gellero1
Comments are closed-
Posted by: opmoc on Dec 8, 2008 5:36 AM
Current rating: 5 [1 = poor; 5 = excellent]
The same thing is happenning in the UK - with perfectly viable businesses being denied normal Working Capital from banks.
Its perfectly normal for Business to run on debt. Providing they make a profit - and pay the interest - the banks should have absolutely no reason to demand all their loan back NOW.
Its kind of like - you take out a 25 year mortgage on a house. You've been keeping up all the Mortgage Payments for 5 Years - and then the Bank suddenly demands you pay back the entire loan immediately. So you are forced to sell your house - but every bank is doing the same thing to everyone who has got a mortgage - all at the same time. So everyone has to sell their house - but the banks won't lend anyone any money - so there are no buyers.
The Banks are crashing the Entire Financial System WORLDWIDE.
A Business can only now be viable - if it is sitting on vast quantities of cash - but as nearly Everyone is about to lose their jobs and will have no money - they will have no customers. Also leaving a company's cash in a Bank is inherently Dangerous in itself. Are you sure the Bank itself won't go bust - and take all your money with it?
This spiral of collapse is completely unnecessary - but DELIBERATELY PLANNED.
If you think things are bad now - Well You Ain't Seen Nuffin Yet.
When the Masses Start to Get Hungry, and Their Wide Screen TV's stop working - they will get VERY ANGRY.
[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]
» RE: This is just a tiny tip of a Colossal Financial Worldwide Collapse
Posted by: Gisele
» They are damned if they do and damned if they don't!
Posted by: harryf200
Comments are closed-
Posted by: theVRWCwhodatesLiberals on Dec 8, 2008 6:51 AM
Current rating: 1 [1 = poor; 5 = excellent]
put down your pom pom's
[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]
» RE: This is why your State has a Attorney General and Labor Bureau
Posted by: VZEQICVA
» RE: This is why your State has a Attorney General and Labor Bureau
Posted by: 2thepoint
» RE: This is why your State has a Attorney General and Labor Bureau
Posted by: Gisele
» I want a B of A loan just becuase
Posted by: theVRWCwhodatesLiberals
» RE: This is why your State has a Attorney General and Labor Bureau
Posted by: Quannah
Comments are closed-
Posted by: VZEQICVA on Dec 8, 2008 6:58 AM
Current rating: 5 [1 = poor; 5 = excellent]
[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]
» Sounds like France
Posted by: theVRWCwhodatesLiberals
» RE: Sounds like France
Posted by: Quannah
Comments are closed-
Posted by: nobody4prez on Dec 8, 2008 7:36 AM
Current rating: 5 [1 = poor; 5 = excellent]
Hey, even Nixon went to meet protesters at the Lincoln Memorial in May, 1970 (admittedly, he talked about football with them).
[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]
Comments are closed-
Posted by: orftc on Dec 8, 2008 11:30 AM
Current rating: 5 [1 = poor; 5 = excellent]
[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]
Comments are closed-
Posted by: J Flory on Dec 8, 2008 11:31 AM
Current rating: 1 [1 = poor; 5 = excellent]
What scares me is the unthinking scapegoating and unrealistic ideas. Insisting that the lender (Bank of America) is responsible for continuing to fund the employer and is to blame for the workers not getting paid? The lender is not responsible for the debts of the employer or to throw more good money after bad.
We need enforced laws and regulations where the employers are responsible, in return for being allowed to do business, for taking a reasonable level of care for their workers. Those that don't should be subject to big enough penalties to deter them. If the employers can be made to make good on their obligations, great, but if they can't, trying to stick the lender for the bill is outrageous. We could/should have bigger and better unemployment compensation funds paid by all employers to cover this--- again, the lender Bank of America isn't the problem.
I'm sick of seeing the B word used to justify all kinds of nonsense-- the idea that someone got a big bailout, so now nobody should pay their debts and the banks should pay. We do need to decide as a people how much we need to tax ourselves to fund those who have been hit the hardest, and who should get how much aid.
But the US people and the US government are not (yet) some kind of protection racket that can go to the banks and tell them they have to take us on as their partners with some "bailout" money, and then expect them to be our personal piggy bank for all the money we want--- here Bank of America, here is your $10 billion share of the "bailout", now you have to "loan" us (with no obligation to pay you back) ten times as much to pay the debts of any company you did business with and to pay off the debts of homeowners who just can't repay themselves.
[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]
» RE: It's not that simple
Posted by: Quannah
Comments are closed-
Posted by: MarkDworkin on Dec 8, 2008 1:57 PM
Current rating: 5 [1 = poor; 5 = excellent]
[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]
» RE: When the Argentine economy collapsed, laid off workers sat in too
Posted by: truth+equality
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