BMW gets bailout from US govt, now poised to lay off workers and outsource production

Jul 03, 2011 21:18

BMW layoffs exemplify the evisceration of the middle class
Every working American should be dismayed by - and afraid of - what BMW is doing.
By all accounts, BMW's ( Read more... )

corporate welfare, capitalism fuck yeah, bailout, corporations, auto industry

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Comments 24

erunamiryene July 4 2011, 04:53:06 UTC
I was talking to my grandmother (she's 85) today while we were looking through old papers and pictures; I saw my grandpa's union contract from when he worked on the pipeline in Alaska in the 60s and 70s (... if I remember the time period rightly), and was like "I've never even seen something like this. I don't expect that I'll ever be in a union." My grandma was like, "because while unions can have their problems, corporations have taken over everything." She actually got pretty heated about how American workers are basically treated like shit now, and how my grandpa wouldn't have been able to retire at 65 if things then had been the way they are now ( ... )

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erunamiryene July 4 2011, 04:58:09 UTC
TY. I've started to feel like I need a SOAPBOX INCOMING warning for all my comments I've made this weekend. XD

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bitchsdangerous July 4 2011, 07:04:33 UTC
A-fuckin-men!

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romp July 4 2011, 05:31:27 UTC
I'm watching this happen in Canada too. Senior management has always wanted to get rid of the unions so I think they're taking advantage of the economy to hit as hard as they can. Salary cuts, benefit cuts...and no justification financially. Bah.

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bitchsdangerous July 4 2011, 07:02:38 UTC
This scares me sooo bad. My dad is 62 and has worked at the Volvo warehouse for over 30yrs and hopes to work just 4 more years so he can get his full social security payments. They'll be coming up on their negotiations soon.

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littlelauren86 July 4 2011, 09:22:51 UTC
Taxpayer subsidized off-shoring? It's the American way.

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kittymink July 4 2011, 14:47:44 UTC
What the crap? Screw you BMW.

Do you need any more evidence that the bailouts (and the system) are jacked up?

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