1.6 Billion in Profit 2nd Quarter

The Communication Workers Union, consisting of some 45,000 people, has gone on strike against Verizon Communications. It may be difficult to get repairs or service in the next month….

Verizon made 1.6 BILLION in profit last quarter… (that is only three months.)

And yet, Verizon wants to tie pay increases more closely to job performance, make it easier to fire workers for cause, halt pension accruals this year and require union workers to contribute to health-plan premiums……..

These are real people… asked to sacrifice for what? A corporation?

What exactly is a corporation? It is a piece of paper… that says: “I’m a corporation.” It is not a person, it does not eat, drink, live, give birth, raise children, bury it’s parents, worry about crooked bosses, crimp and save for retirement, or go to the doctor to hear it has cancer…

Those people on strike, however, do undergo all those things…

What we’ve come to, is a crossroads….. Do we as a society, want to better a corporation, that does nothing for us, just increases the wealth of the top !% even more, or…. do we want to help our neighbors, who will spend their money in our shops, our stores, our restaurants, our gas stations, our bakeries, our cinemas, our churches, and keep those entities going on a little longer?

Yes, we’ve come to a crossroads… What benefit at all to society is $1.6 Billion spread over three months, when it means $1.6 billion less out of our local economies because of fewer people working? Can’t you see? $1.6 Billion is siphoned right our of the Mid Atlantic economy, never to return…….

What happens if one gives each of those 45,000 workers an extra $1000? The new total, $45,000,000 immediately begins to flood through the mid Atlantic region… Workers are behind on their bills. That money goes right into the economy…

How much of a loss to Verizon? $45 million may sound like a lot, when looking from zero… Who wouldn’t buy a Powerball ticket, if he was guaranteed a cool $45 million?

But, if one takes the yearly total of $45,000,000… and divides it by 4, to see the quarterly total, .. one gets $11.25 million…

So how much of a dent into Verizon’s profit, would that $11.25 million make?

It would impact Verizon’s profit last quarter by 0.70 of one percent .. which means that 99.30% of Verizon’s profit would remain intact…

But an additional $45,000,000 a year would flow through our economy….

And this is where you should get angry…. This doesn’t affect what you will pay for your phone service…

They made that $1.6 Billion WITH the current labor contracts.. those same ones WITH the pay increases, those same ones WITH the pension accruals this year, and those same ones WITH employer contributions to employee’s health-plan premiums… They made 1.6 Billion with all that, and now they want to suck out more???

WAKE UP AMERICA…… WAKE UP….