Mayor Daley: Prepare For Mass Layoffs

[katty]

more: http://cbs2chicago.com/local/daley.city.layoffs.2.863161.html

Nov 13, 2008 11:05 am US/Central
Mayor Daley: Prepare For Mass Layoffs
CEOs Tell Mayor They Plan Huge Layoffs In November, December
Reporting
Joanie Lum CHICAGO (CBS) ― The warning is out – Mayor Richard M. Daley says a parade of corporate chief executives have told him huge layoffs are planned around the city and will carry into next year.

As CBS 2's Joanie Lum reports, when Daley made the announcement, workers around the city felt a chill, and they are wondering who will be laid off next.

The news is especially alarming because the discussion concerns not just city jobs, but the private sector. Thus, it seems the City That Works is about to become the city that gets laid off.

Mayor Daley says corporate leaders told him huge layoffs will impact the city this month and next, and into the new year. He also says city, county and state governments should be prepared for their revenue to fall dramatically because of the souring economy.

[snappyturtle]

1. Why aren't heads rolling for this financial greed ridden financial debacle?

Oh, they'll testify and the best we can hopeful is some remorse. These same people will then return to their guilded lifestyles while so many, like these in Chi town, will suffer. sad.

[Blue_in_Mass]

3. It's because we are not enfranchised.

For as powerful as any of felt upon getting Obama elected, the depressing reality is that the real power is in the hands of these thieves. My evidence is in the form of Henry Paulson, Jr., whose cohorts from Goldman Sachs run our Treasury department.

[katty]

2. why aren't the masses protesting in d.c.? fear has conquered

outrage and courage--and the slave tax payer is just trying to 'survive'--this is EXACTLY where the PTB want their slaves/total control: mission accomplished