To Survive, Americans Must Assert Themselves as Economic Patriots

[Omaha Steve]

http://www.unionlabel.org/index.cfm?zone=/unionactive/view_article.cfm&HomeID=114928

Updated On: Feb 03, 2009 (12:52:00)

By Leo Gerard, President of the United Steelworkers International

Reprinted from the Huffington Post
For a brief moment, when Congress authorized that $700 billion bailout for the Wall Street wise guys whose recklessness caused the financial crisis that we're all suffering, federal officials actually considered giving part of the money to foreign banks.
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Really.

They quickly backed away from using American tax dollars to prop up overseas financial institutions.

But now, the same issue is at stake with the $825 billion economic recovery package. Fifteen groups including the U.S. Chamber of Commerce and the Business Roundtable want to give American tax dollars to foreign manufacturers to create jobs overseas.

That's right. The U.S. Chamber of Commerce wants to spend the tax dollars of unemployed Americans to create jobs in China and Indonesia, Korea and India.

The 15 business groups sent a letter to Congress opposing provisions added to the recovery package that would strengthen existing laws requiring government agencies buy American steel and other products when building public works projects with tax dollars.

FULL story at link.

[lostnotforgotten]

1. One Wonders If Americans Will Finally Suffer Enough To Awaken From Their Consumer Stupor

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