“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx
Jul 30, 2001
When it comes to the company and the media announcing the latest round of profits, we are bombarded with “Ford suffers 752 million dollar loss.”
Let’s be real. The company has something like 25 BILLION DOLLARS IN CASH RESERVES and has made record-breaking profits for years. IF they are calling it a “loss,” it’s because of this Ford Explorer/Firestone tires fiasco; and because of “restructuring” Mazda.
All they’re doing is fixing the books in order to squeeze out more profits at workers’ expense!