The nation’s greedy corporations and insatiable wealthy are fattening themselves on workers. There’s no trickle down. It’s the opposite; the rich have been sucking the economic lifeblood from the middle class for decades.

When reckless Wall Street banksters get taxpayer-funded bailouts, billionaires get tax breaks and gigantic corporations like GE and Bank of America pay absolutely no federal income taxes, they’re getting for free the very public services that enable them to make massive profits in this country – the courts, the roads, the trade regulators, the patent enforcement.

The middle class doesn’t get those big time special deals and loopholes. Workers pay their taxes. As a result, it’s workers footing the bill for the government services that enrich the rich. Greedy corporations, their CEOs and the right-wing politicians they buy with tens of millions in campaign cash are freeloaders.

It’s time workers stood up to the freeloaders. Join Monday’s We Are One rallies. These demonstrations across the country by religious groups, social justice organizations and labor unions will illustrate that the middle class is mad as hell and not going to take trickster economics anymore.

It’s time for greedy corporations and the insatiable rich to pay their fair share. It’s time to stop cuts to the government programs most treasured by and vital to the middle class and the vulnerable in this country – education, public transportation, Social Security. It’s time to stop right-wing attempts to terminate democratic rights like collective bargaining and voting without harassment. It’s time for the middle class to stop paying for everything and for the insatiable rich and greedy corporations to start sharing the sacrifice required to recover from the economic crisis caused by reckless gambling by Wall Street bankster corporations.

March for your rights Monday. March for the middle class facing record rates of foreclosure, unemployment, child poverty, and loss of opportunity as country club conservatives cut off college loans and Head Start. March for the right of college students to register and vote in the towns where they study. March for the right of workers to band together, elect representatives and bargain with employers for better pay and working conditions. March for the right of the people to insist that corporations pay at least the same rate of taxes as workers do. March to end tax breaks for the wealthiest one percent who have now acquired more wealth than all the workers in the bottom 90 percent.

Greedy corporations, the insatiable wealthy and their purchased politicians have for three decades skewed public policy to enrich themselves while pushing down wages and benefits for the middle class.

From 1947 to 1975, a time of strong unionization in the workforce, real wages of average workers increased with productivity. The 75 percent rise in productivity and the nearly matching rise in wages gave the United States the largest, most vibrant middle class in the history of the world.
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The deficit commission report issued last week is another Saturday night special pressed to the temple of the American middle class.

“Turn over your money and your benefits or your country will die,” the report screams at workers. “You want your country to go bankrupt? No? Then you gotta delay retirement, get less from Social Security, pay more for health insurance and lose your precious few income tax breaks like the one that helps pay your mortgage while the banker is breathing down your neck right now.”

For 30 years, rich conservatives have successfully threatened the American middle class this way, ever since that rich conservative Ronald Reagan converted the White House into a castle.

The result is a country with greater income inequality than during the age of corporate robber barons at the turn of the 20^th century. It is a country whose 21^st century robber barons, the richest 1 percent of Americans, take nearly a quarter of all income and demand that politicians relieve them of their obligations. The rich — hedge fund owners who rake in billions, Wall Street banksters handed bonuses in the millions, CEOs paid eight-figure golden parachutes after they mess up — insist that politicians place government debt burdens on the middle class, the unemployed, the elderly, the struggling young, people whose income has stagnated for three decades. . . . Read the rest of this entry →

A business group is honoring Roger Agnelli, the CEO of Vale, one of the largest mining companies in the world, which, coincidentally, is in the midst of its longest ever labor dispute. The award is for exceptional accomplishments in corporate social responsibility.

The Business Council for International Understanding will give Agnelli the Dwight D. Eisenhower Global Citizenship Award, feting him for his corporate behavior five months after he provoked the strike by more than 3,000 miners, mill workers and smelters in my hometown of Sudbury and neighboring Port Colborne, Canada.

The strikers now include 450 Vale nickel and copper workers from Voisey’s Bay, also represented by my union, the United Steelworkers (USW).

Vale is the Brazilian-based corporation that boasted $13.2 billion in profits last year and reported third-quarter, after-tax earnings of $1.7 billion this year, more than double its second quarter haul. Vale is a highly-profitable corporation demanding workers take concessions. For example, it wants deep cuts to pay supplements workers get only when nickel prices are high.

Cash flush even during the worldwide recession, Vale has engaged in a buying spree for mines and properties worldwide. In 2008, it announced it would spend $2 billion on electrical projects, mostly coal-fired, and by year end reached agreement to spend $300 million on Colombian coal assets. It got permission from the Brazilian government this year to buy iron ore mines for $750 million. It spent $17.8 billion in 2006 for Inco’s nickel mines and smelters in Canada, and as metal prices rose, earned nearly as much from them over the next two years as Inco had in the previous 10. Still, Agnelli insisted the very Canadian workers whose labor helped Vale make that money take cuts to their income – causing the strike.

Workers and their families have struggled since the strike. The towns in Ontario and Newfoundland have suffered as well because many mining supply and service companies temporarily closed, idling untold additional workers. Kari Cusack, a member of Families Supporting the Strikers, talked about it early in November before a family day on the picket line in Sudbury. She told a local newspaper reporter:

“We see Vale’s attack on Local 6500 as an attack on our entire community, and we want to do our part to fight back against corporate greed.”

The Business Council for International Understanding chose that corporate social responsibility to reward.

In Brazil, Agnelli has shown off some of that corporate social responsibility as well. In September, the government fined Vale $20 million for failing to comply with an antitrust order. Last year, Agnelli secured a court injunction in an attempt to block protestors from the country’s largest social activist group, the Landless Rural Workers Movement, rather than negotiate with those complaining that the company’s iron furnaces were polluting their village and that a hydroelectric dam in which Vale is a partner was flooding their homes. Also last year, Brazil’s Office of the Environment fined Vale $3 million for illegal sale of wood.

Workers from Canada and Vale Brazil demonstrated together in August in front of the multi-national’s Rio de Janeiro headquarters. They served pieces of a giant cake commemorating the 30th day of the USW strike in Ontario. There the Canadian workers learned that Agnelli had forced its Brazilian workers to accept a defined contribution pension plan. Now Agnelli is trying to force the Canadians take the same inferior plan.

The International Metalworkers’ Federation (IMF), the National Union of Metalworkers of South Africa (NUMSA), the Botswana Power Corporation Workers Union (BCPWU) and others from around the world have written Agnelli expressing outrage about the strike. Bohithetswe Lentswe, BCPWU General Secretary, wrote:

“We have every reason to believe that Vale is trying to destroy its strongest collective bargaining agreement for the purpose of setting a precedent to weaken other collective bargaining agreements throughout the world. Vale is also attempting to export its anti-worker, anti-union practices in Brazil to the rest of the world.”

Of course. That’s what great CEOs do, as the Business Council for International Understanding will proclaim at its Dec. 3 dinner in the Waldorf=Astoria, New York City. With the cheapest tickets going for $1,000, it’s likely none of those $29-an-hour Vale workers will get a seat. But Agnelli, who is one of six Vale executives who together pulled down $33 million last year, could effortlessly drop $100,000 for an “underwriting level” table of 10 at his award dinner.

Perhaps there the Business Council for International Understanding will detail its reasons for selecting Agnelli for the Dwight D. Eisenhower Global Citizenship Award. It only profiles Vale and Agnelli on its web page, without, for example, providing the kind of insight into Agnelli’s personality that Antonio Regalado did for the Wall Street Journal in 2008 in a story:

“Current and former Vale executives say Mr. Agnelli can be hard on subordinates. Some of them cite what they say is an autocratic style and a table-pounding temper. . . . In internal company surveys, employees complain frequently that they are under too much pressure . . . Marco Dalpozzo, Vale’s head of human resources, doesn’t deny that Mr. Agnelli can be rough on people, “He’s a tough guy,” he says.”

Again: of course. That’s what business groups prize – executives with table-pounding tempers.

The Business Council is, however, a group that claims it was started by the late President Dwight D. Eisenhower and named its prize for him. It’s not clear, though, that the business values of the current council and Agnelli resemble those of President Eisenhower. For example, here’s what the President wrote in November, 1954:

“Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history. There is a tiny splinter group, of course, that believes you can do these things. Among them are H. L. Hunt. . ., a few other Texas oil millionaires, and an occasional politician or business man from other areas. Their number is negligible and they are stupid.”

To let the Business Council know the ways in which you think this award for Agnelli will increase its goal of International Understanding, call 212-490-0460 in New York, 202-595-2668 in Washington or 44-207-225-3561 in London.

LabourStart has created a web page so you can easily write a personal note directly to Agnelli. It’s here. It enables you to quickly drop Agnelli a little note telling him just how much you think he deserves this honor.