From the AFL-CIO Weblog:

Two months ago, Goodyear hired replacement workers to make tires in the struck plants. In another insult to workers, management borrowed $1 billion to fight the strike and another $1 billion in unsecured notes. Wall Street investors scooped up all the bonds within hours, showing once again that Big Business cares more about the bottom line than the lives and welfare of the people who create the profits.

Read the rest here.

Of course it is well known that Wall Street does not have the interest of the nation or our national security as a priority.

This is how Goodyear acts when our troops need equipment in Irag/Afghanistan:

December 14, 2006

(Pittsburgh, PA) – The United Steelworkers (USW) today blasted Goodyear’s neglect in responding to the USW long-standing offer to meet the challenge of fully satisfying the demand for tires on Humvees used by soldiers in Iraq.

Yesterday, Rep. Duncan Hunter (R-Calif.), chairman of the House Armed Services Committee, requested that the company and union work out a deal to return 200 striking workers to a production plant in Topeka, Kansas to meet the military needs for its Humvees, the workhorse vehicle in Iraq and Afghanistan.

Although Goodyear continues to claim that it is meeting the military’s production needs, Rep. Hunter says that with production levels reduced by 35%, there is a shortage within the military.

Read the rest here.

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