New RW Tactics To Bait Workers To Give Up Their Rights. ------

[TheMastersNemesis]

After watching the link to the Max Keiser report yesterday on this site it is amazing that International Corporations are trying to bait mostly Europeans right now to accept "stock" and give up all their worker protections. What will they come up with next?

European workers have the most robust worker protections in the world. And they have some of the strongest unions. We can just about guarantee that employers will try the same thing here, except there will be no stock. Promises are easy to break. The race to the bottom effects not only US workers but workers in those "socialist" countries that Romney does not like.

When the HELL are American workers going to wake up?.

[leftyohiolib]

1. they wake up when they lose their jobs until then it's american idol and dwts

[rfranklin]

2. And the stock they receive will never be enough to vote out the managment...

Like many worthless stock offerings in the USA, the stock these workers receive will be either less than a majority or will have no effective voting rights. There will be the promise of stock dividends and stock appreciation that will never quite materialize as the management gifts themselves with fabulous pay packages and "incentive bonuses" that they receive even as the company goes down the toilet.

[geckosfeet]

3. Not to mention the "common" vs "preferred" stock scam,

where common stock has less voting wight and value than the preferred stock.

Of course, employees are issued common stock through a program that limits the conditions under which they can sell their shares.

[HopeHoops]

4. When? Probably when Snooki gets her own news program supporting Democrats.

Like THAT'S going to happen.