And they’re doing it with bailout money!
Adam Green of the Daily Kos draws our attention to a controversial Huffington Post story that demands attention of your payday loan source. Without further ado, bring on the horror:
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.
…Donations of hundreds of thousands, if not millions, of dollars to Republican senatorial campaigns were needed, they argued… “If a retailer has not gotten involved in this, if he has not spent money on this election, if he has not sent money, they should be shot. They should be thrown out their (expletive deleted) jobs,” (Home Depot founder Bernie) Marcus declared.
So Bank of America and AIG have it in for the Employee Free Choice Act, eh? Seems to me that executives at these and similar organizations are taking a stance against American families (other than their own). It seems that these misbegotten, self-serving executives are looking to build their own power base – SO THAT THEY CAN REMAIN BEHIND THE WHEEL AND CONTINUE TO RUN AMERICA’S ECONOMY INTO THE GROUND WHILE THEY FROLIC IN THE SALONS OF EUROPE AND BUILD LUXURY HOMES ON MARS! Do they have faxless payday loan service there?
In the meantime, the same banks and elite organizations are dead set on taking away the public’s right to a payday loan. Priorities are so far out of whack here that one would hope that President Obama can bring some sense to the matter. Do you have that kind of faith in our new President?
Whoa, Nelly – I never heard much about this, and I can see why a lot of the press has been burying it – probably because they’ve been paid to,although I doubt anyone had to bribe Fox News to not cover a story about workers not getting a fair shake. However, the bill should probably have some revision.