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2016 Postmortem
Showing Original Post only (View all)Watch Corporate America Turn A Room Full Of Workers Into Bernie Sanders And Donald Trump Supporters [View all]
The past few years have been very good for United Technologies. The contractor does billions of dollars a year in business with the federal government. CEO Gregory Hayes pulled down nearly $10 million in 2014, and over $20 million the year before. On Thursday, the company reported $7.6 billion in profits, up from $6.2 billion the year before, and $5.7 billion the year before that. In October, United Technologies even expanded its stock buyback program to $12 billion. Spending the company's money to purchase its own stock elevates the value of its share prices. United Technologies was so flush with cash that it could burn money to boost returns for its investors.
Surely this largesse would trickle down to its rank-and-file employees, right?
Not exactly.
On Wednesday, Carrier, the air conditioner manufacturing wing of United Technologies, told workers at its Indianapolis plant that it would be outsourcing their jobs to Monterrey, Mexico.
"Throughout the transition, we must remain committed to manufacturing the same high-quality products," an executive can be heard insisting in a video of the announcement.
"Yeah, fuck you!" a member of the crowd responds.
"Please quiet down," the official says. "This was an extremely difficult decision."
"Was it?!"
Watch the reaction in the video below.
(snip)
http://www.huffingtonpost.com/entry/why-people-really-support-trump-and-sanders_us_56be3c46e4b0b40245c6a159
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Watch Corporate America Turn A Room Full Of Workers Into Bernie Sanders And Donald Trump Supporters [View all]
Uncle Joe
Feb 2016
OP
We Us Together - Vs - Me MyBank And I -- The 1% Will Screw The 99% Everytime
cantbeserious
Feb 2016
#1
reminds me of executing a person with an IQ of 70 for political expediency. n/t
femmedem
Feb 2016
#59
I've heard that phrase a few times in my working career and it was never a good thing
corkhead
Feb 2016
#13
What is worse...they are fixing to make a LOT more money in the near future
dixiegrrrrl
Feb 2016
#46
What the corporations are doing should be considered a national security issue.
Fantastic Anarchist
Feb 2016
#49
'"Yeah, fuck you!" a member of the crowd responds.' Exactly the right answer. So often people
GoneFishin
Feb 2016
#18
Fuck these corporate pirates! And fuck each and every past and future trade deal!
Enthusiast
Feb 2016
#29
Hillary said that sending jobs to Mexico frees up workers to retrain for good paying jb in IT, where
whereisjustice
Feb 2016
#37
slave labor - the common ground that brings capitalism and communism together as one
whereisjustice
Feb 2016
#53
of course we could...but that would eat into the profits of the multinationals. nt
antigop
Feb 2016
#55