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Hightower Lowdown
"In a time of universal deceit, telling the truth is a revolutionary act." --George Orwell
December's Lowdown
Corporate elites and their small-minded political servants are creating the Incredibly Shrinking America
"We the people of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America." What a paragraph! This sparse, 52-word opening of our Constitution did not merely launch a fledgling nation--but a bold experiment in democratic idealism.
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In This Issue
President Clinton get his "legacy"
The Democrats sell out the middle class over China
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GE'S "ABANDON AMERICA" CAMPAIGN
Jack Welch, CEO of megaconglomerate General Electric, has a favorite business mantra:
"Squeeze the lemon." He wants his managers con- tinuously squeezing costs from the company—and by 11 costs' he means workers and wages. His insatiable appetite for downsizing and outsourcing has made Welch the Count Dracula of the corporate world, skulking around the globe to suck ever-greater profits from ever-cheaper labor.
In the last 15 years, GE has moved 150,000 U.S. jobs to Mexico and Asia. Now GE is oressuring its suppliers to move to low-wage countries, too! By abandoning the U.S. to exploit dirt-cheap labor elsewhere, suppliers can charge lower prices to GE, so Welch is demanding that they move or lose their GE business.
The company has even been holding "supplier migration" seminars. An internal memo from one of these says: "Migrate or be out of business; not a matter of if, just when. This is not a seminar just to provide information. We expect you to move and move quickly."
To learn more about GE's ugly war to snuff the life out of America's middle class, call the Contract 2000 Campaign: 202-785-7214.