In recent months, we have witnessed billions of dollars pumped into the financial institutions WITH NO STRINGS ATTACHED. Reckless behavior and greed have been graced with the most extravagant rewards, allowing the rich to get even richer. After receiving their bailout, A.I.G. executives resumed their plans for a retreat at a lavish resort. Meanwhile, foreclosures have risen, unemployment has soared, and misery has spread with virtually nothing being done for the millions of workers suffering from these afflictions.
We cannot sit back and simply hope that things will get better. The financial executives have organized themselves and lobbied for bailouts. We must now do the same. We must organize ourselves and mount a campaign, insisting that government programs benefit the majority of the population first and foremost, not the super wealthy small minority.
At this historic crossroads, as we face the prospects of another Great Depression, we, the undersigned dedicate ourselves to forging the broadest unity in action among those in the labor movement, Black and Latino organizations, immigrant rights groups, and antiwar and other social justice protest movements to secure the emergency measures listed below.
We endorse these demands as necessary steps to address the pressing needs of working people and the oppressed in general so that we can all enjoy a secure and comfortable life and find relief from an economic crisis we had no part in creating. We are committed to reaching out to more workers and encouraging them to endorse our demands and join our movement, the Workers Emergency Recovery Campaign (WERC), so that we can form committees across the country, organize educational forums, and then aim at building a national conference to promote this campaign. In this way we can begin to win the majority of working people to this agenda. In solidarity we can win.
Here are 10 fundamental demands that we believe should be included in a Workers’ Emergency Recovery Plan to Bail out Working People — NOT Wall Street:
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