'Republic Windows and Doors' in Chicago and the workers now occupying Waterford 'Crystal'.
And what about Bank of America? They got greedy - swallowed Merrill Lynch. Begged for and got massive bailouts from US taxpayers as a result. Withdrew the lines of credit to longstanding industries at the whiff of trouble and destroyed lives and security for working people without a blink and away from the limelight the 'Receiver' now flinches under. Then they planned openly to destroy some more workers rights.
The 'crisis'? An all purpose boogieman. Make everyone so insecure that they'll lie down and happily accept anything short of a disastrous collapse in living standards and security. That's the program in Germany where there is also a Waterford Crystal subsidiary, in the US where events surrounding Republic Windows and Doors in Chicago are but one example of a generalised 'disciplining' of workers, it's the program in France which was shut down by a general strike last week, it's the program in the UK where EU workers are being set at each others throats and it's most definitely the program here. Pretty much the same everywhere. The bet is that people will trample over each other in desperation for 'opportunity' rather than stand together and refuse this 'discipline'.
Neo-liberal Europe is a busted flush. The workers in Waterford have begun something new by turning the tables. If they don't get their pensions and compensation, if they don't get re-employed, they should get the factory with the furnace still burning and the name 'Waterford Glass' still intact. Oh and support from the State.
The State? This is a state which is about to hand over the keys to the safe to those who turned people by the thousands coldly into slaves to debt here in the past number of years by wilfully inflating a property bubble and gambling with their proceeds from the wholesale looting of a generation. Before they pay their friends they should pay those who kept the thing afloat. They're bailing out 'supermen' who slipped right, left and centre and will probably go to court not to pay compensation to shafted workers who their 'friends' are shafting.
Who's advising them? Oh yeah. People from Merrill Lynch who blew their own operation through greed and got taken over by the too greedy 'too big to fail' Bank of America. Remember them? That's right - they withdrew their line of credit from Chicago Windows and Doors and from Waterford, longstanding businesses both, because of a glitch in the money machine - in 'their' money machine. Tiny Ugly World indeed.
We won't pay for their crisis! Better to bust the house!