Gripe #11 from the Saturday 02/04/2012 Wisconsin State Journal:
Caterpillar metamorphoses into greedy bastards
Headline:
"Caterpillar will close factory in Canada" Starting at the second
paragraph, "Caterpillar subsidiary Progress Rail Services said the cost
structure of the Electro-Motive plant was not sustainable and efforts
to negotiate a new labor agreement failed. Electro-Motive had demanded
pay cuts of up to 50 percent when it locked out 450 employees at the
London, Ontario, plant on Jan. 1. The company
said the collective bargaining agreement of the London plant was not
"cost competitive in the global marketplace" and said the assembly of
locomotives will be shifted to other plants in North and South
America." Seventh paragraph, "The union noted Caterpillar recently
announced $4.9 billion in annual profits, the highest in its 86-year
history." Ummm. Can you say union busting greedy bastards? I can and
just did. Hey, workers of the World, you awake yet?
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