Allison Kilkenny: Unreported – Another Monday, Another Week of the Rich Fucking the Poor

Hotel workers in Chicago, Hawaii, and San Francisco are staging strikes and walk-outs to protest what they call “cheap recession contracts.” Basically, union leaders say Hilton is exploiting workers even though the company received huge taxpayer-provided bailouts.

Hilton is owned by Blackstone Group LP.

Blackstone in February cut a deal to reduce its $20 billion debt by about $4 billion. The debt was partially owned by the Federal Reserve, which had taken over the debt from lender Bear Stearns, The Wall Street Journal reported at the time.

And of course, the Blackstone Group was co-founded by Social Security privatization hawk, Pete Peterson.

Regular readers of this blog know that I have written extensively about Peterson’s privatization fetish. But this hotel strike story nicely illustrates Peterson’s grand scheme: deprive people of the most basic standards of human dignity i.e. a living wage their entire adult lives, and then rob their twilight years of the same basic standards of human dignity by raiding the Social Security funds.

Quite simply, it’s the Great Heist from workplace to grave.

Link to this article:

http://www.breakthruradio.com/index.php?b=article.php?id=1641

– Allison Kilkenny

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s