-By Warner Todd Huston
The Hill Newspaper is reporting that unions are “amping up” for a battle against America’s big banks when Congress is next in session. Uniopns want Congress to institute financial regulatory reform because they feel that banks need to be “held accountable.”
The first thought that comes to mind is to wonder when Congress will ever hold unions accountable for anything! Perhaps unions should avoid throwing stones in that glass house of theirs!
Service Employees International Union (SEIU) head Anna Burger railed against the “greedy actions of the financial industry” and announced that the SEIU was scheduling protests against banks in San Francisco, Kansas City, Charlotte and on Wall Street.
It is a hoot to see the SEIU saying that other people are “greedy.” Seriously. A union thug railing against other’s greed! It’s just a hypocrisy beyond belief.
The SEIU is also upset at the executive pay of several bankers. One wonders that if the SEIU is so against high salaries, when they will cut the salaries of their own chiefs that make hundreds of thousands, if not millions, of dollars a year?
(Originally posted at TheUnionLabelBlog.com)