rssBailout Money Fighting the Employee Free Choice Act?
Thursday, January 29, 2009 at 11:31 am
- 18 Comments
The $700 billion bank bailout was supposed to stabilize banks and get them lending again. However, some of the recipients seem more interested in rallying big business against the Employee Free Choice Act, a bill that would make it easier for workers to unionize.
Sam Stein reports in The Huffington Post:
Three days after receiving $25 billion in federal bailout funds, Bank of America Corp. hosted a conference call with conservative activists and business officials to organize opposition to the U.S. labor community’s top legislative priority.
Participants on the October 17 call — including at least one representative from another bailout recipient, AIG — were urged to persuade their clients to send “large contributions” to groups working against the Employee Free Choice Act (EFCA), as well as to vulnerable Senate Republicans, who could help block passage of the bill.
Talk about chutzpah. Imagine you’re an AIG customer. How would you feel if AIG hit you up for money to fight some labor law? It turns out that the U.S. taxpayer is in a similar position. Having recently hit the U.S. taxpayer up for billions of dollars, AIG turned its attention to politicking, not insurance.
Separately, good government groups are calling for a congressional investigation to find out whether bailout money ended up in the coffers of any political organizations.
18 Comments
Comment posted January 29, 2009 @ 10:19 am
AIG should have a congressional investigation, we already know that the money wasn't used for what it was intented for. There should be criminal charges also on every idiot that attended the confrences that the tax payers paid for. AIG men think they are above the law and nothing will happien. If this was just a regular business, owned by a normal person that took money and applied it torge there home or gamling they would be invesigated and charged. What makes them different. I believe we the tax payers should ask for a refund from the companies that are not using the bailout money for what it was givin to them for. And ask for penlities, fines, interest. And lets still not forget jail time, there criminals just like anyother criminal.
Comment posted January 29, 2009 @ 2:37 pm
HuffPost Breaks Another Bailout Story: Reform Groups Demand Investigation
FOLLOW THE MONEY TRAIL : http://efcanow.blogspot.com/
Pingback posted January 29, 2009 @ 7:00 pm
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Comment posted January 29, 2009 @ 10:31 pm
HuffPost Breaks Another Bailout Story: Reform Groups Demand Investigation
FOLLOW THE MONEY TRAIL
Congress Matters: Bailout funds fighting EFCA is not new
Kagro X over at Congress Matters reminds us that during the infamous Gingrich Revolution, there was a little item known as the Istook Amendment that aimed to bar liberal groups from lobbying the government if they'd received federal funding. Where's the outcry from Republicans today as the banks lobby to fight the Employee Free Choice Act?
Former Congressman Ernest Istook runs the Save Our Secret Ballot
http://efcanow.blogspot.com/2009/01/dont-be-foo…
Is Bailout Money Being used to STOP THE EMPLOYEE FREE CHOICE ACT Former Congressman Ernest Istook and if so did your Organization receive any of the MONEY?
HuffPost Breaks Another Bailout Story: Reform Groups Demand Investigation
http://www.huffingtonpost.com/lawrence-lessig/h…
For More Information on EFCA please visit our website and blog
http://www.employeefreechoiceactnow.org
http://www.FreeChoiceActNow.Org
http://www.LaborUnionResources.Org
Comment posted February 25, 2009 @ 9:38 am
How would bail out money end up in the union treasury? No one sends it to an industry union. The only way this could even come close to happening is if the union and the company agreed for some reason it should.
This article's last paragraph is a writers trick to make the reader think the writer is fair and balanced, or even handed or not just earning a paycheck with words.
Comment posted May 30, 2009 @ 4:33 pm
This is appalling, not only have the people been lied to but the corporate community has shown their true colors. As you all know this has been golng on for years and no one believed it until now.
At the present rate the American people may just rise up in revolt just like the French Revolution.
We have had enough lies and are tired of bailing out are leaders when they refuse to help the citizens of this nation in time of crisses.
The bottom line is that we the people are sick and tired of being use as payees for a bunch of money grubbing leeches that call themselves executives. They all should give back what they have stolen and discontinue the so called “Golden Parachutes”. Also any executive who is using the profits from their company for their own personal gain should be labeled theifs, which they are, and either jailed or have all material things be stripped from them and have to live like a second class person just like everyone else.
Comment posted May 30, 2009 @ 11:33 pm
This is appalling, not only have the people been lied to but the corporate community has shown their true colors. As you all know this has been golng on for years and no one believed it until now.
At the present rate the American people may just rise up in revolt just like the French Revolution.
We have had enough lies and are tired of bailing out are leaders when they refuse to help the citizens of this nation in time of crisses.
The bottom line is that we the people are sick and tired of being use as payees for a bunch of money grubbing leeches that call themselves executives. They all should give back what they have stolen and discontinue the so called “Golden Parachutes”. Also any executive who is using the profits from their company for their own personal gain should be labeled theifs, which they are, and either jailed or have all material things be stripped from them and have to live like a second class person just like everyone else.
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