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Private Equity and EFCA
TPM Election Central —
... The Employee Free Choice Act has galvanized business lobbies like nothing else in recent years. After all, most issues--say, trade--pits one business lobby against another but few issues unite them. So it's interesting and notable to say the least that one of the most talked-about parts of business is staying out of the EFCA debate: the trade group representing private equity firms like the Carlyle Group and BlackRock. On one hand you would think that private equity firms would have a particularly big stake in fighting EFCA. After all, they often buy businesses under the ...
The absurd persistence of domination: Of speciesism, capitalism, and shaking their foundations -- by Jason Miller
BlondeSense —
... And now a few more links on the subject of capitalism: Bailout Recipients Hosted Call To Defeat Key Labor Bill 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 Trade Act (EFCA), as well as to vulnerable Senate Republicans, who could help block passage of the bill. Bernie Marcus, the charismatic co-founder of Home Depot, led the call along with Rick Berman, an aggressive EFCA opponent and founder of the ...
Bailed-out Banks Spending Money to . . . Defeat Employee Free Choice?
Daily Kos —
Your TARP money at work: 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 Trade Act (EFCA), as well as to vulnerable Senate ...
BAILED-OUT EXECS PLOT AGAINST LABOR BILL
Democratic Underground Latest Breaking News —
... bill. Bernie Marcus, the charismatic co-founder of Home Depot, led the call along with Rick Berman, an aggressive EFCA opponent and founder of the Center for Union Facts. Over the course of an hour, the two framed the legislation as an existential threat to American capitalism, or worse. "This is the demise of a civilization," said Marcus. "This is how a civilization disappears. I am sitting here as an elder statesman and I'm watching this happen and I don't believe it." Read more: http://www.huffingtonpost.com/2009/01/27/bank-of-americ... Listen To The Conference Call Hosted ...
Hullabaloo — ... If this is more of that post-partisanship and Obama's team not wanting to tear down bridges to the business community though "divisiveness," consider that those same businesses have no problem being divisive on their end. ...
TARP Money Used Against Labor
Seeing the Forest —
... -- by Dave Johnson Bailout Recipients Hosted Call To Defeat Key Labor Bill , 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. HOW much of OUR money was used for lobbying against our interests, funding conservative causes, etc? We may never know. THANKS to all the Democratic members of the House and Senate who voted to hand this money over to Bush with few restrictions or requirements or ...
Dear Bank of America
culturekitchen - fresh dissent served daily —
... so eagerly grabbed from the government.
Okay, so I was willing to overlook that little act of ingratitude on your part. But now I find out that your ingratitude goes even further. You see, after eagerly grabbing a government hand out (paid for by us taxpayers!) you then turned around and stabbed us in the back. You took the money and used part of it to lobby against the Employee Free Choice Act, a labor bill that is supported by a large majority of Americans.
From the Huffington Post:
Three days after receiving $25 billion in federal bailout ...
Your Tax Dollars At Work
Suburban Guerrilla —
No comment necessary, right?
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 ...
Shocking
Balloon Juice —
This just can’t be true:
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 ...
Huff Post Breaks Huge Corruption Story--And We Must Do Something About It
Open Left - Front Page —
You can't make this stuff up. Breaking news today from 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 ...
Republican Assaults On Working Families Turned Back In The House & Senate
DownWithTyranny! —
... and defining, while every other aspect or strategy of the movement is mutable and disposable. Indeed, even the cult of the free market, which appears to be such a solid, fixed element of the business mind, is malleable as well, with conservatism whining for bailouts and high tariff walls when those seem like the way to maximize profits." They will do anything to sabotage unions and right now that means preventing the Free Choice Act from passing. As Sam Stein pointed out at Huffington Post yesterday, "Three days after receiving $25 billion in federal bailout funds, Bank ...
Progressive Breakfast: Economists Back Economic Recovery
LiberalOasis : The Blog —
... HuffPost scoop with damning audio of takers of government funds seeking to deny bargaining power to workers: 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 ... 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..." ...
Corporations use bailout money to organize against Employee Free Choice Act
Crooks and Liars —
... These people have no shame. The Huffington Post is reporting that the CEO's who received billions of tax payer dollars to save their asses are using the money to organize a massive attempt to block the Employee Free Choice Act. ...
Liberty! Equality! Democracy!
The Sideshow —
I have previously discussed the fact that it's actually very dangerous to let anyone accumulate too much money, because that money gets used to destroy democracy. Today we have a fine example: ...
Torch and Pitchfork Time Again
Agitprop: Or How I Learned to Stop Worrying and Love the Propaganda —
... “It is incredible to me that anybody could have the chutzpah to try and pass this bill in this election year, especially when we have an economy that is a disaster, a total absolute disaster.”
Don’t you hate it when that happens?
This fucker needs to be sent a message, as does BoA. And call your senator - they need to stop this shit.
Bailout Recipients Hosted Call to Defeat Key Labor Bill [Huffington ...
Will Your Tax Dollars Pay Lobbyists To Fight Employee Free Choice?
Firedoglake —
... at the Sunlight Foundation has a list of bailout fund recipients that spent money lobbying in the 4th quarter of '08. Near the top of the list are AIG and Bank of America, who -- as Sam Stein reports -- were on ...
Can The Banksters Be Trusted? Short Answer: Not For A Nanosecond
DownWithTyranny! —
... , it is important to not allow crooked banksters to get away with spending more taxpayer dollars on anything not related to unfreezing the credit markets-- no more bonuses, no more lobbying, no more golden parachutes, no more ...
GRITtv Live: What’s So Scary About Workers Organizing?
Firedoglake —
... The end of civilization as we know it. The worst bill ever. That is how the right and much of business has characterized the Employee Free Choice Act (EFCA). Today on GRITtv Chris Kromm, Gene Carroll and others discuss what is driving the real fear behind the right to unionize. ...
Stop Corporate Lobbying With Taxpayer Money
Seeing the Forest —
... Reform and Accountability Act! They are also lobbying against the Arbitration Fairness Act, the Fairness in Nursing Home Arbitration Act, the Mortgage Reform and Anti-Predatory Lending Act and the Helping Families Save Their Homes in Bankruptcy Act, Credit Card Holders Bill of Rights and the Stop Unfair Practices in Credit Cards Act! But these companies are not just lobbying in favor of their own(ers) interests; they are lobbying against those of the rest of us . Recently it has come to light that Bank of America, ...
Time to Deliver: The Coming Transformation
The Republic of T. —
... (one, in fact, waged by the very banks those very workers are bailing out with their tax dollars). That’s why you’re probably also certain your co-workers won’t risk standing up for or with you. After all, there’s a reason why there haven’t been more events like the Republic Window & Door sit-in. ...
Give Fair Elections a Chance
The Nation: Top Stories —
... of Congress and report their results. In the past week, 2100 people have made calls using that tool. Other coalition partners have made hundreds or even thousands of calls. "The challenge is to keep that drumbeat up," said Adam Green, CEO of Change Congress and former director of strategic campaigns at MoveOn.org. "During high energy moments on other fights in the news are the times to remind people that we can solve the systemic underlying issue." As an example, Green points to the story Huffington Post broke in January on a conference call between AIG, Bank of America ...
Who's Next on the Corporate CEO Chopping Block?
Open Left - Front Page —
... And since they brought it up, Bank of America has spent millions lobbying against the Employee Free Choice Act. That, coupled with Bank of America's decision to lay off up to 35,000 employees in the coming years and its refusal to provide workers adequate wages or affordable healthcare (saving the company billions more and thus adding to Lerner's billions of reasons), means we're dealing with a company bent on hurting its own employees as much as it cripples the US economy. ...
U.S. Chamber of Commerce: Betting Against the American Middle Class
Congress Blog —
... call with conservatives and business officials, including a representative of AIG, which has received more than $100 billion in taxpayer bailout money, to organize opposition to the Employee Free Choice Act. Then in March, just days after the act was introduced, Citigroup Inc., which got $50 billion in bailout money, hosted a similar conference call, this one led by Glenn Spencer of the U.S. Chamber of Commerce. During the October call, Bernie Marcus, co-founder of Home Depot, said he should be on a 350-foot boat in the Mediterranean, but he thought fighting the Employee Free ...
