Communications Workers Take on Wall Street
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Feb. 8, 2016 | UNIONS | The Communications Workers of America (CWA) are taking on Wall Street, inaugurating a major and long campaign to cut and curb the outsize clout of the sector that trashed the U.S. economy and workers' jobs, homes and pensions. "Why do we want to take on Wall Street? Because every time we go to the bargaining table," the opposing company "has a partner -- and probably the managing partner -- Wall Street," Union President Chris Shelton said. Wall Street demands on firms for high profits, low costs and short-term gains, he explained, drive company demands in contract bargaining for pay cuts, outsourcing of U.S. jobs, and obliteration of pensions and health care. They also lead companies to trash unions. peoplesworld.org
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