Hoffa labels American companies ‘unpatriotic’

[cal04]

http://politicalticker.blogs.cnn.com/2011/09/04/union-head-labels-american-companies-%E2%80%98unpatriotic%E2%80%99/?hpt=po_bn2

Jim Hoffa, the president of the International Brotherhood of Teamsters, on Sunday blasted American companies who are not spending their capital in the U.S. as “unpatriotic.”

During an interview on CNN’s “State of the Union,” Hoffa said companies like Apple have a responsibility to put Americans back to work and that encouraging them to do so should be part of the President Barack Obama’s jobs plan.

“I think the president should challenge the patriotism of these American corporations that are sitting on the sidelines,” Hoffa said. “The problem in America isn’t that we don’t have enough money. We’ve got more money than any other country in the world. The problem is American businesses not spending it and not getting it in the game.”

Hoffa, who presides over the Teamster union’s approximately 1.4 million members, said Obama should institute a tax incentive to encourage companies to stay and spend money in the United States.

[OHdem10]

1. The Multinationals have no allegience to any country as they

travel the world seeking the cheapest labor.

Their only duty is to their shareholders. They have
a duty to earn profits for shareholders. They are
therefore unconcerned as to what happens to America
and the American worker when they relocate their
plants overseas.

We need a little economic patriotism if we plan to
ever get completely out of this ditch.

[Odin2005]

2. K&R FOR LABOR