Sunday, December 7, 2008

Jesse Meeting With Laid Off Workers

Rev. Jesse Jackson is back to doing what he does best, helping those in need. Today he met with laid off workers of the Republic Windows and Doors plant in Chicago, who have refused to leave until they are guaranteed that they'll receive their severance package and vacation pay. The plant closed down on Friday after Bank of America pulled it's line of credit due to a downturn in business at the plant. 300 workers have been affected, and Jackson is trying to get Bank of America to reinstate the line of credit in an effort to save the jobs.

This is a perfect example of the three pronged effect of this economic downturn. Bank of America pulls the line of credit, the plant closes, and 300 people lose their jobs. This is too scary! Thanks to the Chicago Tribune for the update.

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