http://www.jwjblog.org/2010/03/stop-shut-downs-stop-lay-offs-stop-corporate-greed/ Building a movement for workers' rights & economic justice. Wed, 01 Feb 2012 03:43:03 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.jwjblog.org/2010/03/stop-shut-downs-stop-lay-offs-stop-corporate-greed/comment-page-1/#comment-75 czander Wed, 03 Mar 2010 18:31:51 +0000 http://www.jwjblog.org/?p=1388#comment-75 Think about what the Whirlpool Corp. will do in 2010; they will close their refrigerator manufacturing plant in Evansville, Ind., putting more than 1,100 people out of work. They will produce these refrigerators in Mexico, where weaker labor and environmental laws make them “cheaper.” And we do not hear of “peep” in the press, media or in Washington. This is especially outrageous because Whirlpool received $19 million in from the federal government as a part of the American Recovery and Reinvestment Act. We have a situation where federal economic recovery funds are being used to create jobs in Mexico at the expense of jobs in American and no one cares because those who occupy elitist positions; stockholders, money managers, etc. just see the money that is flowing into their pockets and remain insensitive to the plight of the American worker. While this is going on its CEO Jeff Fettig received an increase in compensation of more than 75 percent in 2009 to $10.8 this included a bonus of $5.9 million. Presumably this is his reward for terminating 5,000 employees. Think about what the Whirlpool Corp. will do in 2010; they will close their refrigerator manufacturing plant in Evansville, Ind., putting more than 1,100 people out of work. They will produce these refrigerators in Mexico, where weaker labor and environmental laws make them “cheaper.” And we do not hear of “peep” in the press, media or in Washington. This is especially outrageous because Whirlpool received $19 million in from the federal government as a part of the American Recovery and Reinvestment Act. We have a situation where federal economic recovery funds are being used to create jobs in Mexico at the expense of jobs in American and no one cares because those who occupy elitist positions; stockholders, money managers, etc. just see the money that is flowing into their pockets and remain insensitive to the plight of the American worker. While this is going on its CEO Jeff Fettig received an increase in compensation of more than 75 percent in 2009 to $10.8 this included a bonus of $5.9 million. Presumably this is his reward for terminating 5,000 employees.

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