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Brokerage Leaves (SS) Coalition - AFL-CIO backed them down!

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donsu Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-12-05 01:14 PM
Original message
Brokerage Leaves (SS) Coalition - AFL-CIO backed them down!

http://www.washingtonpost.com/wp-dyn/articles/A17563-2005Feb11.html


A large Midwest brokerage abruptly withdrew from a business coalition that backs President Bush's Social Security proposals after the AFL-CIO staged protests at two of the firm's offices and attacked it on the Internet.

Edward D. Jones & Co., which operates under the trade name Edward Jones, resigned from the Alliance for Worker Retirement Security, a coalition of corporations and trade associations that has long pressed for the creation of private accounts as part of Social Security. The St. Louis company has been a member of the coalition since 1998, the year of its inception.

The AFL-CIO claimed Edward Jones's decision not to renew its membership in the coalition as a victory in its nationwide lobbying campaign against the president's Social Security proposals. In December, AFL-CIO President John J. Sweeney sent letters to 46 members of the Securities Industry Association (SIA). In January, he sent similar notes to SIA's board protesting its advocacy of private accounts.

-snip-

The AFL-CIO tried to focus on Edward Jones this week because its monthly video conference, which is made available to all 8,500 of its branch offices, was on the subject of Social Security. The labor federation staged rallies on Tuesday near the firm's St. Louis headquarters and outside its office in downtown Lincoln, Neb. It also instigated thousands of e-mails to the firm protesting its role in aiding the president's plan.

Edward Jones announced Thursday that it would not renew its membership in the coalition.
-snip-
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large, ruby encrusted gold stars to the AFL-CIO for fighting back.

fighting back is a life saving option

america, the country that tortures in more ways than one.
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riverwalker Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-12-05 01:19 PM
Response to Original message
1. Jumping on a table now
and holding up a large UNION sign ala Norma Rae. ;)
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cornermouse Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-12-05 01:24 PM
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2. When money speaks, they listen.
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-12-05 01:27 PM
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3. Union, YES!
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AndyTiedye Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-12-05 01:38 PM
Response to Reply #3
4. Union, About Fucking Time! Where Have You Guys Been?
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-12-05 01:42 PM
Response to Original message
5. Just posted yesterday
I just ran across their campaign yesterday. Glad to see it worked. It also shows the exact problem the Democratic Party has. We have all these groups working separately of each other. I read a letter from the Farmer's Union yesterday. It specifically said they join 117 groups to oppose the farm bill budget cuts. 117 groups. Does anybody have any idea whatsoever how many groups oppose the SS Privatization and what groups they are? That's a BIG part of how we lose.

Here's the AFL-CIO campaign:

http://www.lightupthedarkness.org/blog/default.asp?view=plink&id=364
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