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Outrageous Example Of Corporate Greed From Caterpillar - TYT

submitted by Boise_Lib

1 decade 2 years 3 months 4 weeks ago

YouTube Description:

"...manufacturing giant Caterpillar was seeking major concessions during contract negotiations with striking workers, even as it was making billions in profits and giving its CEO a 60 percent pay boost. The New York Times' Steven Greenhouse added more details today, noting that the company wants to implement a six-year pay freeze and a pension freeze, at a time when it is making record profits...". The Young Turks host Cenk Uygur breaks it down on The Young Turks.
Read more here from Pat Garofalo at ThinkProgress:
http://thinkprogress.org/economy/2012/07/23/567201/caterpillar-pay-freeze/?mo...