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US heads of industry strategise to keep unions down
Wikileaks has released a secret hour long telephone recording between US heads of industry discussing efforts to prevent the emancipation of unions under an Obama administration. Yesterday the Huffington Post ran a story by Sam Stein titled "Bailout Recipients Hosted Call To Defeat Key Labor Bill". The story inclded around five minutes of an hour long recording between federal bailout funds recipiets. Wikileaks has released the full hour long recording. The call shows the firms to be involved in lobbying, effectively with public money.
The summary below is excerpted from Mr. Stein's story:
Three days after receiving $25 billion in federal bailout funds, Bank of America Corp. hosted a conference call with conservative activists and business officials to organize opposition to the U.S. labor community's top legislative priority.
Participants on the October 17 call -- including at least one representative from another bailout recipient, AIG -- were urged to persuade their clients to send "large contributions" to groups working against the Employee Free Choice Act (EFCA), as well as to vulnerable Senate Republicans, who could help block passage of the bill.
Bernie Marcus, the charismatic co-founder of Home Depot, led the call along with Rick Berman, an aggressive EFCA opponent and founder of the Center for Union Facts. Over the course of an hour, the two framed the legislation as an existential threat to American capitalism, or worse.
"This is the demise of a civilization," said Marcus. "This is how a civilization disappears. I am sitting here as an elder statesman and I'm watching this happen and I don't believe it."
Donations of hundreds of thousands, if not millions, of dollars were needed, it was argued, to prevent America from turning "into France."