Bank of America…cleverester bank ever

Filed in National by on January 27, 2009

Feel free to listen to the audio of BofA here:

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.

God I hope this country unionizes big time in the next 4 years. If they are this worried about it, it has to be a good thing for you and the rest of the 90% of the country that need a voice in this economy.

Here is just one comment:

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.

Remember that Norm Coleman VS. Al Franken Race? You wonder why it was so important?

“If a retailer has not gotten involved in this, if he has not spent money on this election, if he has not sent money to [former Sen.] Norm Coleman and all these other guys, they should be shot. They should be thrown out their goddamn jobs,” Marcus declared.

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Comments (7)

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  1. cassandra_m says:

    So maybe unions need to get their members and families to get their money out of BoA.

  2. not a bad idea….sounds like an idea to get the netroots involved in….

  3. Von Cracker says:

    Somebody better tell that tool from HD his massive failure of an attempt at hyperbole sucks the life out his stance.

    Next! Here comes the commie tripe….

  4. Shoe Throwing Instructor says:

    Amazing Bank of america wants to insure that american workers make third world wages and they can`t lend money to anybody because there low wages make the loan to risky, so there ability to make a profit makes them beg for tax payer money. These guys really are pros at shooting themselves in the foot, and us in the head.

  5. do they call that a connundrum? (sp? vc?) 🙂

  6. Unstable Isotope says:

    I have often wondered who big business thought would be able to buy their products if they kept outsourcing jobs and lowering our wages.

  7. Von Cracker says:

    Banks want its investments to make as much profit as possible, of course. Their outlook is that unionized labor will increase operating costs and eat into profits…

    …also, and maybe far-fetched, the fear of creeping unionization into the financial sector.

    connundrumconundrum 😎