hitcounter
This site is an rss/xml news reader containing our favorite feeds. All articles are the copyrighted material of the blogs that wrote them.

Fat Cat

cartoon about Caterpillar wage freeze

(Click to enlarge)

As if we needed any further proof that trickle-down economics is a joke, along comes massively-profitable Caterpillar's decision to freeze the wages of its Joliet, IL factory workers from now until the cows come home, and then some. Meanwhile, the compensation for Cat CEO Douglas Oberhelman shot up 60% in 2011, to $16.9 million. It's not like the workers were being lavishly paid, either; the top tier had average salaries of $55,000 before overtime.

Unfortunately, I can't boycott Cat, as I won't exactly be in the market for a knuckleboom loader anytime soon.




Read The Full Article:
http://feeds.dailykos.com/~r/dailykos/index/~3/Ss97SossDZk/-Fat-Cat


Add to del.icio.us   Digg this   Post to Furl   Add to reddit   Add to myYahoo!
Website designed by Bartosz Brzezinski
Powered by blogdig.net