Monday, December 08, 2008

More On The Classism Bail-Out

Thanks to Anglachel for pointing the way to this one--

Why were Wall Street workers not asked for concessions? - Los Angeles Times: "...Say what you will about the role of the union in exacerbating Detroit's financial troubles, one thing stands out: Blue-collar workers are taking it in the shorts as part of their employers' efforts to secure some bailout bucks from Uncle Sam.

I don't recall white-collar workers on Wall Street stepping up with similar concessions in return for their companies' receiving billions of dollars in taxpayer cash.

'There is absolutely no excuse for a bailout without significant sacrifices by all stakeholders,' said Robert Reich, who served as Labor secretary under President Clinton and is now a professor of public policy at UC Berkeley.

'We should be making everyone on Wall Street jump through hoops, not just the automakers...'"

A bit of poetry strikes me:

It's the green that matters,
Not the red,
and
Not the blue.

No comments: