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Are you Angry Yet?

What ever happened to LOYALTY? Do the corporate heads now bow and pay homage to the “green money idol” for the sake of those on Wall Street? We’ve recently seen what a joke those who run Wall Street are. Look at all the overpriced stocks and the failures of “can’t miss companies.” The leaders on Wall Street value stocks by perception, and very lax accounting responsibilities. Those who can stuff their pockets the most are rewarded even more.

Who really suffers when the “pawns” on Wall Street overprice the value of stocks? People like you and me. The everyday average person, whether it’s a factory worker, computer operator, construction worker or someone in the mail room. We are the folks who lose their jobs, retirement and health care, along with other benefits. The CEOs just move on to the next million-dollar job.

If this sounds like I’m angry, again you’re right. Not long ago the old Western Electric Plant on East Broad Street, now called Lucent Technologies, was sold to Celestica of Canada, and after corporate promises, the union work force revised its local agreement with the promise of continued employment.

Now, one year later, they are being told that Celestica is closing the Columbus plant and 950 employees will be laid off. We should all be angry! Every sector of working-class people, union and nonunion people, should be angry that Corporate America in their need for greed is taking American jobs to other countries and forsaking the American worker so they can stuff their greedy pockets even more.

Excerpted from F. Ozzie Osborne’s Sourcing Committee column in the Local 969 publication News and Views in Columbus, Ohio.

If you have something to say, send it to Worker’s Words, c/o Solidarity magazine, 8000 E. Jefferson, Detroit, MI 48214

 

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