From: angelina ph <angelina.ph@gmail.com>
To: IHRO@yahoogroups.com
Sent: Monday, 11 May, 2009 17:54:11
Subject: [IHRO] Bailed out companies send our jobs oversees
And what do we get in return? In return, those bailed-out mismanaged corporations are showing their appreciation by shipping our jobs overseas! That's a big corporate "f*** you" aimed at us regular folks who have paid to keep them afloat. And I'm not happy about it. Bank of America, for example, thumbing its nose at any domestic economic stimulus on their part in return to their government handout, recently added 15,000 jobs to its workforce in India, while cutting as many as 69,000 American jobs. (Will they change their name to Bank of India?!) Ditto allegedly to JP Morgan/Chase, who accepted a $25 billion bailout. And, in the auto sector, we are watching as GM sends its bailout money to Mexico and Asia. Take that, Michiganders! Do they think that we -- the American workers -- are toxic assets too? These mismanaged corporations are allegedly "too big to fail", but we the people -- the conscientious workers -- are apparently negligible. The bailout plans should have included provisions against this sort of thing. And it shouldn't be too late.
Mary Shaw 
Category: News and Politics
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