Union vows to assist Activists and Spread the Word to Stop Corporate Greed
Media Contacts: David Roscow, 202-537-1645
WASHINGTON, DC - Calling for big banks and stockbrokers to be held responsible for their greed and corruption as the economic crisis continues, the Amalgamated Transit Union (ATU) pledged support for the Occupy Wall Street Movement as it enters its third week of protests.
“The ATU applauds the Occupy Wall Street activists for their courage and strength to expose the greed and corruption on Wall Street as the rest of America struggles to survive,” said Larry Hanley, ATU International President. “These young people are speaking for the vast majority of Americans who are frustrated by the bankers and brokers who have profited on the backs of hard working people.
“While we battle it out day after day, month after month, the millionaires and billionaires on Wall Street sit by – untouched – and lecture us on the level of our sacrifice. It’s about time this happened,” Hanley continued.
“Working Americans have sacrificed too much already. Transit riders have paid with record fare increases and service cuts. How dare they demand that we coddle the rich while poor people are losing their benefits and millions are becoming poor?”
ATU locals in the New York area as well as the International Union will be providing support to the movement through donations of food and other supplies, physically engaging in protests, and getting the message out to the public. ATU locals around the country plan to ramp up support by participating in similar Occupy events across the country.
Hanley pointed out even Ronald Reagan acknowledged the wealthy must pay their fair share of taxes. In a 1985 speech the former president said tax loopholes allowing a millionaire to pay lower taxes that a bus driver were “crazy.” http://www.atu.org/media/multimedia/video/reagan-no-loopholes-for-millionaires
About the ATU
The Amalgamated Transit Union is the largest labor organization representing transit workers in the United States and Canada. Founded in 1892, the ATU today is comprised of over 190,000 members in 264 local unions spread across 44 states and nine provinces, including 3,000 workers at Greyhound Lines, Inc. Composed of bus drivers, light rail operators, maintenance and clerical personnel and other transit and municipal employees, the ATU works to promote transit issues and fights for the interests of itshard-working members.