United Steelworkers president Leo Gerard likes to say that Washington policymakers "treat the people who take a shower after work much differently than they treat the people who shower before they go to work."
Last month, the same government that says it "cannot just abrogate" executives' bonus contracts used its leverage to cancel unions' wage contracts.
In other words, our government asks us to believe that it possesses total authority to adjust contracts at car companies it lends to, and yet has zero power to modify contracts at financial firms it owns. This, even though the latter set of covenants might be easily abolished.
"fraudulent conveyance" statutes
corporations are already citing the recession as reason to invoke such clauses and nix their business-to-business contracts
inequality is so pronounced that the time of day we bathe determines the enforcement and reliability
of even the most basic contracts.
we are ruled by a government of men, and not of laws.
clipped from: www.salon.com