To BofA

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To: BofA
Subject: Republic Windows and Doors

I got notice from some friends today that you guys aren't being very nice with the money you got from us. As an over two decade long customer (if you count that I've never changed banks, just names, till I was yours), I have to make a note of this behavior. I don't want to contribute to the problem, as it were. There ARE other banks, yano? So please, let me only hear nice things about the one I chose during these problematic times in the future. The bank, as I understand it, is really 'owned' by a select few, yet they don't make the profit for the bank, it's all those people who DON'T own the bank that make you guys the money. And there are a lot more of the little people than the few medium sized fish in the pond. This is the time when the big guys suck it up and lend to the little people to raise a NEW crop of middle level ones. The current ones obviously aren't worth keeping. Anyway, so much for my financial advice. Still, I don't want to end up paying for 'service' by a company that's being less than a decent neighbor. Please, straighten up and fly right.

Here's what I got:

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The ANSWER Coalition in San Francisco has initiated a demonstration, co-sponsored by the San Francisco Labor Council (AFL-CIO) and the Labor Council for Latin American Advancement - SF, against the Bank of America to build solidarity with the workers of Republic Windows and Doors in Chicago, who have staged a sit-down strike to keep their jobs. This is an all-important struggle; millions of workers are getting their shaft from their bosses, who are using the economic crisis to steal their benefits and pensions. These workers are fighting back. Come out tomorrow, Dec. 9, to say "Bail out the workers, not the banks!" If you are holding similar activities in your town or city, please let us know by emailing info@internationalanswer.org

Bail out Workers, Not Banks! Stop Plant Closings!  
Protest Bank of America, Tues., Dec. 9, 5pm 
Powell and Market, San Francisco 
Click this link to download the flyer 

BoA protest flyer
Click this link to download the flyer
Over 200 workers have occupied their workplace factory at Republic Windows and Doors in Chicago, after the company shut down the plant, claiming lack of funds to pay the workers their back pay, vacation and other benefits, or to give 60 days' notice as required by federal law. 

The plant closing was precipitated by Bank of America's refusal to extend any more credit to the company, despite the fact that B of A has received $25 billion in bailout funds. These billions were supposed to help relieve credit shortages and help sustain jobs. Instead, the banks are using taxpayer dollars to merge into larger banks. Bank of America and JP Morgan Chase are the two banks that invest in Republic  Windows and Doors. The workers are owed an average of 75 days' pay and vacation. Companies are bound by federal law to either give 60 days' notice with pay, before a plant closing or layoff of 50 or more workers. 

It is reported that Republic Windows and Doors is planning to move its plant to Iowa because of cheaper labor costs, and to get out of union obligations with the United Electrical Workers Union. Workers across the country are paying a heavy price for the bank's and corporations' theft. It's time for the bankers and companies to pay, NOT THE WORKERS!
 

The protest is initiated by A.N.S.W.E.R. Coalition. It is co-sponsored by the San Francisco Labor Council (AFL-CIO) and the Labor Council for Latin American Advancement - SF. 

To endorse and get involved, call 415-821-6545
If you are holding similar activities in your town or city, please let us know by emailing info@internationalanswer.org


A.N.S.W.E.R. Coalition 
http://www.answercoalition.org/ 
info@internationalanswer.org 
National Office in Washington DC: 202-544-3389 
New York City: 212-694-8720 
Los Angeles: 213-251-1025 
San Francisco: 415-821-6545 
Chicago: 773-463-0311

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This page contains a single entry by writch published on December 9, 2008 7:51 AM.

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