Showing posts with label outrage. Show all posts
Showing posts with label outrage. Show all posts

Monday, July 23, 2012

Record Profits

Caterpillar, maker of heavy construction equipment, had record profits last year and projects more of the same this year. They're doing so well that they've raised executive compensation.

And they're trying to freeze worker wages for the next six years, along with freezing worker pensions.

Got it? Executives get more and more money, regular workers get less and less, despite record profits, to "stay competitive." The workers are striking, as well they should be. I wish they'd get out the tumbrils.