Carrier, a division of United Technologies, is planning on laying off 2100 U.S. workers and moving production to Monterey, Mexico where it will pay workers $3/hour.
Here is a portion of Bernie's statement:
<Im here today to tell all of you that I intend to do everything that I can to prevent United Technologies from shutting down their plants in Indianapolis and Huntington and throwing 2,100 workers out on the street and moving to Monterey, Mexico, where they will pay workers $3 an hour.
This is not acceptable. This is the kind of corporate behavior that is destroying the middle class of this country and it has got to end.
The greed of United Technologies is almost unbelievable. You cant make this stuff up. They have no shame.
This is a company that in 2014 provided its retired CEO, Louis Schenevert, with a golden parachute of $172 million including a pension worth $31 million. And they apparently got rid of him because he was doing a bad job! Imagine what they would have given him if he was doing a good job.
This is a company that could afford to pay its new CEO more than $14 million in total compensation last year.
This is a company which made a profit of more than $7 billion last year.
This is a company that received $6 billion in defense contracts last year from the taxpayers of this country.
And this is a company that has received more than $58 million in corporate welfare from the Export-Import Bank. That is unacceptable.
This is a company that in 2009 received $121 million in federal tax credits designed specifically to keep green manufacturing jobs in the United States.>
The letter referenced in this letter was sent over 2 weeks ago, before the NY primary. Anybody recall hearing anything about it?
<At the top of page 11, the Federal regulators reveal that they have identified a deficiency in JPMorgans wind-down plan which if not properly addressed could pose serious adverse effects to the financial stability of the United States. Why didnt JPMorgans Board of Directors or its legions of lawyers catch this?
Its important to parse the phrasing of that sentence. The Federal regulators didnt say JPMorgan could pose a threat to its shareholders or Wall Street or the markets. It said the potential threat was to the financial stability of the United States.
That statement should strike fear into even the likes of presidential candidate Hillary Clinton who has been tilting at the shadows in shadow banks while buying into the Paul Krugman nonsense that Dodd-Frank Financial Reform Is Working when it comes to the behemoth banks on Wall Street.
How could one bank, even one as big and global as JPMorgan Chase, bring down the whole financial stability of the United States? Because, as the U.S. Treasurys Office of Financial Research (OFR) has explained in detail and plotted in pictures (see below), five big banks in the U.S. have high contagion risk to each other. Which bank poses the highest contagion risk? JPMorgan Chase.>
Even with a pay to play scheme on "Hardball", his wife finished 3rd in her Democratic Primary race, which featured the biggest spending of any House race in this election cycle so far.
<The Matthews came under scrutiny last month when it was revealed Kathleen got some $80,000 from prominent political figures who have appeared on his show, Hardball.
The political-action committee for Sen. Kirsten Gillibrand (D-NY) gave $10,000 to Kathleens campaign on June 20, 2015 two days before Gillibrand appeared on Hardball.
Sen. Barbara Boxer (D-Calif.) contributed $1,000 on Jan. 11, 2016, one day before she was interviewed on the program.
Paul Pelosi, husband of House Democratic leader Nancy Pelosi (D-Calif.), put $1,000 into Kathleens coffers.
Kathleen raked in more than $1.5?million.>
He was one who supported Bernie. The POS Chris Hayes asked Bernie about not endorsing Sestak last night and Bernie said he didn't know enough about him. I don't blame Bernie for that at all. You don't endorse people you haven't vetted just because they endorsed you.
Both are on the Clinton Foundation website as donors in the range of $1 million to $5 million. As far as I'm concerned, that makes Fox and NewsMax appropriate sources of information for DU on issues relating to the Clintons. If not, tell the Clintons to give the money back, along with all the money they've taken from crooked scumbags like Frank Giustra and foreign despots.
You made your bed Hillary supporters. Now lie in it.
<Using a tactic called astro-turfing, Clinton surrogates like Brock have attempted to advance the concept of the Bernie Bro, and to promote the idea that Sanders supporters are little more than a sexist cult. The moderator of the thriving Bernie Sanders for President Reddit page, preparing for an onslaught, recently outlined one common form these attacks take:
1. Create fake accounts
2. Establish that they are Bernie supporters by making them tweet about Bernie
3. Harass journalists and influencers in their @ mentions
4. Have other elites/influencers quote tweet these fake accounts and say they are hurting Bernies brand
5. Pitch a story to The Atlantic about the phenomenon of Bernie Bros
6.Establish a narrative that Bernies supporters are all racist, sexist young males who harass people online.
7. Make it more difficult for Sanders to expand his coalition by tainting the view of said coalition for women, people of color, and anyone who just doesnt like online harassment/bullying.
Yesterday, Correct the Record announced theyd be taking it a step further. A new initiative called Barrier Breakers 2016 will use $1 million (for now) to help Clinton supporters push back on online harassment and thank superdelegates.
This is a comical definition that does its best to hide the true purpose: Paying online trolls to support Hillary and antagonize Bernie and his supporters in an attempt to level the playing field.>
He doesn't seem to be able to talk without making a bigger fool of himself.
<By way of extolling Obamas efforts at recovery, Clinton argued that the president at least brought back employment even if wages are no better.
We got our jobs back in seven and a half years, Clinton said, before coming back around to name the slackers in the economic equation.
If all the young people who claim to be disillusioned now had voted in 2010, we wouldnt have lost the Congress, and wed probably have our incomes back, he said.
Many millennials were probably too young to vote in 2010, it should be noted.>
"One of the challenges in our society is that the truth is kind of a disequalizer. One of the reasons that inequality has probably gone up in our society is that people are being treated closer to the way they're supposed to be treated."
- Larry Summers in the early days of the Obama administration, from the book "Listen, Liberal" by Thomas Franks.
That would be Larry Summers, Treasury Secretary during the Clinton administration and Director of the White House National Economic Council under Barack Obama, who made $5.2 million in two years between the two Democratic administrations working one day per week for the hedge fund D.E. Shaw, with duties that were described as "standing somewhere between trivial and ornamental."
Substitute any of DNC, DLC, Hillary's campaign or Hillary's supporters for "white moderate" and broaden "Negroes" to the poor and working class of all colors (which is who MLK was fighting for when he was murdered in Memphis) and I think it applies pretty well to the current situation:
"I must make two honest confessions to you, my Christian and Jewish brothers. First, I must confess that over the past few years I have been gravely disappointed with the white moderate. I have almost reached the regrettable conclusion that the Negro's great stumbling block in his stride toward freedom is not the White Citizen's Counciler or the Ku Klux Klanner, but the white moderate, who is more devoted to "order" than to justice; who prefers a negative peace which is the absence of tension to a positive peace which is the presence of justice; who constantly says: "I agree with you in the goal you seek, but I cannot agree with your methods of direct action"; who paternalistically believes he can set the timetable for another man's freedom; who lives by a mythical concept of time and who constantly advises the Negro to wait for a "more convenient season." Shallow understanding from people of good will is more frustrating than absolute misunderstanding from people of ill will. Lukewarm acceptance is much more bewildering than outright rejection.
I had hoped that the white moderate would understand that law and order exist for the purpose of establishing justice and that when they fail in this purpose they become the dangerously structured dams that block the flow of social progress. I had hoped that the white moderate would understand that the present tension in the South is a necessary phase of the transition from an obnoxious negative peace, in which the Negro passively accepted his unjust plight, to a substantive and positive peace, in which all men will respect the dignity and worth of human personality. Actually, we who engage in nonviolent direct action are not the creators of tension. We merely bring to the surface the hidden tension that is already alive. We bring it out in the open, where it can be seen and dealt with. Like a boil that can never be cured so long as it is covered up but must be opened with all its ugliness to the natural medicines of air and light, injustice must be exposed, with all the tension its exposure creates, to the light of human conscience and the air of national opinion before it can be cured."