Sunday, December 7, 2008

Schakowsky Supports Sit Down Strikers...

Schakowsky Supports Sit Down Strikers Demand Calls on Bank of America to Keep Plant Open and Meet Obligations to Workers

FOR IMMEDIATE RELEASE: December 6, 2008

Congresswoman Jan Schakowsky (D-9th) will visit Republic Windows and Doors today to show her support for sit down strikers demanding that the company and its chief creditor, Bank of America, meet their obligations to company's 300 workers.

Who: Congresswoman Jan Schakowsky (D-9th) and Republic Windows and Doors workersWhere: 1333 N. Hickory Ave., Chicago, IL (on Goose Island)When: Sunday, December 7 at 4:00 a.m.

Congresswoman Jan Schakowsky (D-9th) will visit Republic Windows and Doors today to show her support for sit down strikers demanding that the company and its chief creditor, Bank of America, meet their obligations to company's 300 workers.

Schakowsky will say that the taxpayer bailout of Bank of America and other large financial institutions creates a moral obligation requiring that Bank of America do everything in its power to assure that Republic Windows and Doors continues in business.

Failing that, she will say that any assets of the company should go first to pay the 60 days of severance and outstanding vacation pay due them under the Federal Warren Act, before Bank of America receives any remaining company funds. She will also ask that the company provide continuing health care coverage to its workers for a reasonable period of time.

Schakowsky indicated she supports the efforts of Congressman Luis Gutierrez to negotiate a suitable agreement. She will work with him and other members of the delegation to get the Treasury Department to require that banks such as Bank of America that have received taxpayer financing use these funds to benefit America's workers.

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