A.F.L.-C.I.O, a lobby powerhouse that represents 10M workers, will call today on Pres. Obama to speed nationalization of U.S. banks. "We believe the debate over nationalization is delaying the inevitable bank restructuring, which is something our economy cannot afford."
Rather than nationalize the banks reverse the national law that supports unions, the Wagner Act. These hacks figure if the banks are nationalized they can drive them permanently into the ground by unionizing them.
This news story has 2 comments: