Million-dollar bonuses for AIG's economy-destroying executives. It doesn't end there. Your tax dollars are being used by Wall Street CEOs to campaign against workers' rights. It's unbelievable, but it's true.
A bill was recently introduced in Congress called the Employee Free Choice Act that would streamline every Colorado worker's ability to organize and bargain for better pay, benefits, and a safer workplace. President Obama supports this bill because "it would level the playing field for working people and help fuel our economic recovery".
The same corporations whose private jet fleets and spa vacations are being funded by the taxpayer bailouts are now coordinating a multimillion-dollar ad blitz against the Employee Free Choice Act.
Get more information about the Employee Free Choice Act or declare your support. It's a tangled, horrifying web, but here's how it looks:
In October, three days after receiving its first bailout check for $25 billion, Bank of America hosted a conference call with at least one AIG executive for right-wing donors and activists to strategize against the Employee Free Choice Act. On that call, Home Depot founder Bernie Marcus said, "if a retailer has not gotten involved in this, if he has not spent money on this election, if he has not sent money to [former Republican Senator] Norm Coleman and all these other guys, they should be shot. They should be thrown out of their [expletive] jobs." Last week, Citigroup (recipient of a $50 billion bailout) hosted a similar call. Citigroup has so many corporate jets it formed its own private airline.
The right-wing coalition supported by AIG, Bank of America, and Citigroup reportedly plans to spend $200 million to defeat the Employee Free Choice Act. That's almost half of what all the presidential candidates combined spent on TV in 2008.
Is it an appropriate use of our own tax money to assault us on the airwaves with attack ads? Haven't these corporations done enough damage to our economy with their greed?