Punching Stupid and Evil in the Face Since 1986!

"We are on strike, we the men of the mind. We are on strike against self-immolation. We are on strike against the creed of unearned rewards and unrewarded duties."-John Galt

Wednesday, January 19, 2011

More: Unions crash bankers meeting to protest home builder.

In another class act, about 200 union members from the Sheet Metal Workers' International Association and the International Union of Painters and Allied Trades invaded a mortgage bankers meeting at the JW Marriott to protest home builder Pulte. The union workers are upset that the $900 million dollars Pulte received in tax breaks hasn't resulted in any jobs for them.

Shouting "Where are the jobs?" and "Where is the money?" the protesters from the Sheet Metal Workers' International Association and the International Union of Painters and Allied Trades, many in overalls and helmets, said taxpayers have provided $900 million in tax breaks to Pulte with the aim of creating jobs. They said they haven't seen the results they were promised.

"Those tax breaks were supposed to create jobs," Wayne Peworchik, one of the protesters, said. "That was President Obama's and Congress's intent."

"Instead, Pulte laid off workers," Peworchik said.
This incident only serves to highlight, when the government picks winners and losers, everyone ends up losing. Unfortunately, while I can site a zillion reasons why the government shouldn't be getting involved in private business, in most cases, once they've gotten the dollars, they can do whatever they want with them.

In addition, if these folks are upset there are no jobs for them, they are protesting the wrong meeting. They need to protest this entire Administration and their job killing, economy draining policies. There is little doubt if there was demand for housing, Pulte would be building housing. No matter how much money they throw at the problem, until there is correction-then demand-it is wasted money.