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Leveraging the auto industry bailout……or, How to use corruption to break the unions

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The auto industry just like the financial industry is rife with corruption, greed and high paid executives who long ago forfeited any allegiance to their own country.  The auto industry, just like the financial industry, is bloated with global elitists who despise our country.  Money, power, absolute greed and control have replaced allegiance, loyalty or any sense of obligation. 

The demand from auto industry executives (and it was a demand) that they be bailed out was an outright attempt at black mail.  Having failed to keep up with competing foreign producers and having continued to produce gas guzzling monster trucks and cars rather than lead in any innovation, the execs made plain that if they are not handed a big wad of cash…immediately….we’re all going down the tubes.  All…meaning you and me…but not them.

I had assumed this corporate entity that masquerades as our government at all levels would have simply acquiesced and doled out billions more in debt money leaving taxpayers once again holding the bag.  For some strange reason this time they want a [plan].  This time, they weren’t so sure that a bailout was the answer and they cited the lack of critical information from the auto makers as to why they needed the money and what they would do to correct this failing industry.  I was totally shocked!  Then reality set in……..

Why would congress,… after handing out what will amount to trillions upon trillions of debt dollars, tax dollars, to corrupt financial institutions while failing to demand any oversight, any regulation on how this money was to be portioned,… suddenly be wanting a plan from another group of very rich executives who have caused another industry to fail? 

The answer came today as the flood of emails into my box piled up.  It isn’t the executives who failed to keep up with environmental concerns and innovations in technologies; it wasn’t that these companies had failed to keep themselves competitive by continuing to produce inefficient auto’s;  it wasn’t the millions and millions of dollars they took in pay and bonuses all the while knowing their respective companies were failing.  It wasn’t even their arrival on horrendously expensive private corporate jets (can’t have this kind of royalty flying with the common folks!)…….It is the UNION.  That’s what did it!

We have had eight years of hard core union busting and now the Democrats, once champions of unions, have jumped on the free market, free ride for the big guys, band wagon.  This is it in a nutshell.  The auto workers union is one of the largest, if not the largest in the country and they are going to bust this union or leave these workers high and dry and living in a box on a street in Detroit.

I knew this sudden sense of critical thinking, of rational planning had to have some other purpose.  Once this union is taken down the money will flow from congress like water over Niagra Falls.  Competitiveness will translate into low wages and no benefits.  Another sector of well paid workers will fall into the “barely above the poverty line” class, and the auto industry will continue to produce the same things it does now; only they will have our money and the prices of their outdated auto’s will remain too high. 

Unions formed in response to businesses forming trade associations that actively worked to keep wages low and hours long while profiting from what amounted to human slavery.  It was unions that forced companies to pay better wages, to limit working hours to less than 12 or 15 hours a day, every day of the week.  It was unions that made workplace safety a priority.  And it was the unions that caused the rise in wages across the country bringing many out of poverty. 

I realize that unions have also suffered from their fair share of corruption.  But here again, it has been the leaders of the unions, just as it is the leaders of predatory lending institutions who committed the crimes.  Union leaders who are corrupt are no different than corrupt CEO’s, yet we will disparage the one group and watch the other pamper themselves at a spa.

This latest bailout demand is less a financial need than it is an overt attempt to bust the union.  It was just too much to hope for that congress would do the right thing simply because it was the right thing.  And this time, its only a few hundred thousand American workers that will be directly affected by these companies folding.  And these aren’t those all important Wall Street workers either.  These people are blue collar workers and surely not worthy of any special treatment…..at least not the kind the Wall Street crooks and thieves got.

The whole intent of the “free-market, no regulation, no oversight, job off-shoring, tax dodging, don’t tax us we’re a corporation” crowd, is to dismantle the job market, break the economy and kill off the jobs.  That way when they come back around offering to pay you one dollar for the job that previously paid you ten dollars…you’ll take it.  By then you’ll be hungry enough, cold enough and desperate enough to think its a good deal. 

(C) 2008 Marti Oakley

This is how they managed the Iraq War billions….BRASSCHECK TV/video

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Can you imagine the scope and scale of the theft that will take place with the bank bailouts?

For four generations now, the Bush family has been involved in supporting the country’s enemies (most notably the Nazi Party in Germany) and robbing the country blind.

The family was directly involved and profited from the Savings and Loan scandal of the 1980s and has participated in security fraud as well.

With this understanding as a background, the Iraq War can be viewed as their “masterpiece.”

The Bush family and its associates have stolen countless billions of dollars in the course of the war. In fact, one of their motivations for pushing the war in the first place was the opportunity for theft.

Chances are the destruction of World Trade Tower Seven, the home of crucial and now lost forever SEC and other federal law enforcement evidence and case files was carried out to cover their tracks.

Why isn’t the news media pointing out that the last time we had a banking system collapse that enriched a bunch of crooks, a Bush was in the White House running the show?

 

Oversight…

 

While US politicians try to figure out how to deploy a multi-trillion dollar slush fund to bail out their friends on Wall Street, there’s another ongoing multi-trillion dollar disaster still unresolved.      The Iraq War.

 

McCain says we may need to be there another 100 years.

 

Here’s how oversight is working there:

 

http://www.brasschecktv.com/page/307.html

 

– Brasscheck

 

P.S. Have you noticed how the cost of the Iraq war is not a media issue?

 

Instead they’re focused entirely on greasing the wheels for the latest multi-trillion dollar scam.

 

Please share Brasscheck e-mails and videos with your friends and colleagues so they can get the full picture of what’s going on.

 

http://www.brasschecktv.com/page/307.html

 

No oversight on Bailout plan

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If we have learned one thing over the past seven years, it is this:  Do not EVER trust the Bush administration when the question of executive power is at issue! From the Patriot Act to the authority to use force in Iraq to the need to pass a new FISA law, the Bush administration is always saying some kind of crisis necessitates urgent action, which inevitably leads to the administration being given — and abusing — unprecedented power.

This week, the Bush administration is at it again.  With the specter of a complete Wall Street collapse hanging over our heads, Treasury Secretary Henry Paulson is seeking 700 billion taxpayer dollars to bail out the financial industry.  While the American Freedom Campaign is not taking a position on the financial details contained in the Bush administration legislative proposal, we are outraged by one specific section related to executive branch accountability.

Section 8 of the legislation provides, “Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.”

Yes, the Bush administration is asking Congress to give the Secretary of the Treasury the authority to spend $700 billion as he wishes, without any real oversight or accountability.  With respect to Congress, the proposed legislation requires the Secretary to merely submit reports about his activities starting three months after the first purchase of mortgage-related assets and semi-annually thereafter.  That’s like giving a gambling addict your life savings and asking him to send you a postcard from Las Vegas every once in a while.

If you believe, as we do, that it is time for Congress to actually serve its constitutional function and guide and oversee the activities of the executive branch*, please click on the following link to send an email to your members of Congress.

 

http://salsa.democracyinaction.org/o/2165/t/1027/campaign.jsp?campaign_KEY=25969

After you send your email to Congress, please be sure to forward this email along to friends and family or use the Tell-A-Friend option on our site.  It is critical that members of Congress hear from their constituents before they adopt any legislation related to this crisis.

Thanks for taking action.

Best,
Steve

Steve Fox
Campaign Director
American Freedom Campaign Action Fund

* None other than former Republican House Speaker Newt Gingrich made a similar statement regarding the responsibilities of Congress earlier today.  This is what he posted on the Web site of the American Enterprise Institute:

“Congress has an obligation to protect the taxpayer.

“Congress has an obligation to limit the executive branch to the rule of law.

“Congress has an obligation to perform oversight.

“Congress was designed by the Founding Fathers to move slowly, precisely to avoid the sudden panic of a one-week solution that becomes a 20-year mess.”

We couldn’t agree more.

http://salsa.democracyinaction.org/o/2165/t/1027/campaign.jsp?campaign_KEY=25969

NO BAILOUT!! Let those “Free, unregulated markets work!”

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VoteNoBailout.org.

This online letter to your eleccted officials is sponsored by  www.ImpeachBush.org

ImpeachBush.org has put together an online letter sent directly to your senators and representatives. 

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Why should taxpayers be forced to bailout private businesses that are corrupt and unethical?  Why should CEO’S who ran these companies into the ground be allowed severance packages or be asked to stay on and continue running the disaster?  Why is NO ONE being charged with corruption in these failures?

All you free trade capitalists out there should be demanding that these banks and insurance companies be allowed to fold, just like any small business would.  Failure is the other side of the coin in deregualtion and no oversight.   

Since it is our money they are risking, the least they can do is listen to our views on this. 

Marti

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