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Gov. Scott Walker told The Associated Press in an exclusive interview Thursday that he will propose removing nearly all public employee collective bargaining rights to help plug a $3.6 billion budget hole.
Walker, speaking from his Capitol office, said no one should be surprised by the move he will ask the Republican-controlled Legislature to approve next week given that he's talked about doing it for two months.
"This is not a shock," said Walker, a Republican who took office in January. "The shock would be if we didn't go forward with this."
But union leaders, and even some Re
Oh this crap again, it's all the unions, everything is their fault. While I do think there are some problems in certain sectors, to think all Union workers are the problem is just silly....
....Barack Obama has reshuffled his staff....
* ... as head of the National Economic Council, Obama brought in Gene Sperling....
Before becoming the director of the NEC in the 1990s Sperling worked behind the scenes to secure the passage of the North American Free Trade Agreement...
...he was working on China’s entry into the World Trade Organization, an event which caused millions of manufacturing jobs in U.S. to be permanently lost.
Sperling also played a major role in repealing the Glass-Steagall Act, which separated commercial and investment banking. Many observers credit the act’s repeal with causing the financial crisis that brought the economy to its knees.
* ...Chief of Staff... the president brought... William Daley, a former Clinton administration official and banker....
Daley too was instrumental in the passage of NAFTA and China’s entry into the WTO... His only responsibility during that time was ensuring that the trade deal passed.
After delivering the trade pact that cost America 20 percent of its manufacturing jobs in just 14 years, Daley moved on to serve as Clinton’s Commerce Secretary from 1997-2000. During that time, he helped pave the way for China’s entry into the WTO.
Daley’s work in the Clinton administration earned him a reputation as someone who is ''squarely on the opposite side of working families.''
* And to top it off, General Electric CEO Jeffery Immelt was tapped to lead a newly created Council on Jobs and Competitiveness.
Immelt,... has consistently supported the same failed trade policies that have cost America millions of jobs. As the leader of one of the world’s largest companies, he has been at the forefront of the outsourcing movement.
“You would have difficulty finding a company that has outsourced more jobs and closed more American factories than GE,”...
In the past, Immelt was a vocal supporter for China’s entry into the World Trade Organization. He also spoke out against the proposed “buy American” provision.
Immelt, Daley and Sperling certainly do not represent the “change” the president was fond of referring to in 2008. In fact, all three represent more of the same - failed trade policies that result in the loss of millions of jobs.
www.economyincrisis.org...
Originally posted by kainamiken
I feel anyone in a Union is a scapegoat!
Originally posted by crimvelvet
reply to post by antonia
The US economy was targeted and systematically killed over the last forty (actually one hundred) years. Wisconsin Gov. Walker is trying to stop the hemorrhage with a band aid. He can do nothing while the District of Criminals is busy promoting the death of our nation.
Gov. Terry Branstad moved quickly Friday to rescind two executive orders approved by past Democratic governors regarding state construction projects and voting rights for ex-offenders. Just hours after his inauguration, the Republican governor signed one executive order scrapping former Gov. Chet Culver’s requirement that state officials seriously consider negotiating project labor agreements with union leaders on major state construction projects. Non-union contractors contended they were frozen out of state projects by Culver’s order and that the requirement for project labor agreements drove up the cost of construction for taxpayers. Union leaders claimed the agreements helped to insure labor harmony and avoid cost overruns.
Originally posted by HoldTheBeans
Union leadership will sell out the workers in a second. They got all this stimulous money and tossed some scraps out to keep folks working for a while but who pocketed the rest? Now we got this high speed rail boondoggle coming down the tubes and the same thing will happen. All to keep the money flowing back in campaign contributions from unions. There is your problem right there.
Originally posted by Janky Red
It will be entirely ironic when we are decimated By Chinese Communists and American corporatists in unison.
Very true, nor will we see that stop until American's stop voting fro Rethugs and Demonrats. I fully expect it to continue though. Citizens of this country are very good at voting against their own interests.
It will be entirely ironic when we are decimated By Chinese Communists and American corporatists in unison.
Leveraged buyouts involve an investor, financial sponsors or private equity firms making large acquisitions without committing all the capital required for the acquisition. To do this, a financial sponsor will raise acquisition debt which is ultimately secured upon the acquisition target... en.wikipedia.org...
...In January 1982, former US Secretary of the Treasury William Simon and a group of investors acquired Gibson Greetings, a producer of greeting cards, for $80 million, of which only $1 million was rumored to have been contributed by the investors. By mid-1983, just sixteen months after the original deal, Gibson completed a $290 million IPO and Simon made approximately $66 million. The success of the Gibson Greetings investment attracted the attention of the wider media to the nascent boom in leveraged buyouts.[10] Between 1979 and 1989, it was estimated that there were over 2,000 leveraged buyouts valued in excess of $250 billion... en.wikipedia.org...
....These days, corporations seem to exist for the investment bankers.... In fact, investment banks are replacing the publicly held industrial corporations as the largest and most powerful economic institutions in America.... THERE ARE SIGNS THAT A VICIOUS spiral has begun, as each corporate player seeks to improve its standard of living at the expense of another's. Corporate raiders transfer to themselves, and other shareholders, part of the income of employees by forcing the latter to agree to lower wages. January 29, 1989 New York Times: LEVER AGED BUYOUTS: AMERICAN PAYS THE PRICE
Union leadership will sell out the workers in a second.