Tuesday, March 4, 2014

Former-SEIU-president-turned-hedge-fund-insider Andy Stern: “Don’t criticize my pals!”

Stern with Honeywell CEO David Cote

In case you're wondering what SEIU President Emeritus Andy Stern is up to these days, he’s super busy defending all his plutocratic pals at hedge funds and corporate penthouses -- like billionaire Ron Perelman, Honeywell CEO David Cote, and pension-slashing-venture-capitalist Gina Raimondo.

Here's the latest.

Stern, in yet another eloquent performance, recently told the Washington Post that he ain’t concerned at all that the United States now has the worst income inequality since 1928… and even trails countries like Poland, Hungary, South Korea and Estonia in terms of income distribution… as U.S. CEOs pocket billions while slashing workers’ pay, health insurance and pensions.

Check out this “Quote of the Month” featured in the latest edition of Labor Notes:

Quote of the Month: The Washington Post asked former-SEIU-president-turned-hedge-fund-insider Andy Stern his advice for the Democratic Party. Stern spoke out: "I think it's really not helpful for the Democrats to turn this into an attack on the 1 percent. I don't think it's the American spirit, or at least the Democratic Party's future spirit. As Republicans attack immigration, we attack rich people? If you've learned anything from the president, selling hope is better than selling hate."