"SEIU: President Obama Aggressively Challenges Wall Street to Stand With America's Families"

[Clio the Leo]

SEIU: President Obama Aggressively Challenges Wall Street to Stand With America's Families

FOR IMMEDIATE RELEASE
Published April 22, 2010 1:06 PM
Marcus Mrowka, 202-730-7759

Washington, D.C.--The Service Employees International Union (SEIU) released the following statement of Secretary-Treasurer Anna Burger following President Obama's speech on Wall Street reform:

"Today, President Obama aggressively challenged the Wall Street CEOs spending millions to hold on to the reckless practices that crashed our economy, required trillions in taxpayer-funded bailouts, and left 8 million Americans without jobs.

"The President took the concerns of the American people to the doorsteps of Wall Street:

People like Maria Guerra, a janitor from Chicago whose brother lost the house Maria helped him buy because he lost his job after the economy crashed.
People like Al Marshall, who along with other city workers in Oakland, California, must accept furlough days, layoffs and pay cuts to keep their city afloat.
People like Willie Lucas, an electrician at Howard University, who after 32-years on the job had to delay his retirement after the Wall Street's recklessness wiped out his life savings.
"Lloyd Blankfein, Jamie Dimon and the rest of the Wall Street CEOs should use the $1.4 million a day they are spending to kill Wall Street reform to help families keep their homes, expand lending to small businesses to create jobs, and help states and cities close the record budget gaps caused by Wall Street's recklessness. Instead of hiring 1,500 lobbyists to influence Congress, the big banks should hire thousands of workers to stop foreclosures and expand lending.

"And Senate Republicans should stop putting the demands of Wall Street before the needs of America's families. No more backroom deals with Wall Street CEOs. No more deceptive rhetoric. No more delays.

http://www.seiu.org/2010/04/seiu-president-obama-aggressively-challenges-wall-street-to-stand-with-americas-families.php

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