The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

Corporate and Government Sleaze

Jan 10, 2011

After Obama appointed William M. Daley as his new chief-of-staff, Thomas J. Donohue, the president of the U.S. Chamber of Commerce, said, “Daley is a business person who understands politics.

As a son of former Chicago Mayor Richard Daley and brother of Chicago’s current six-term mayor, William Daley belongs to Chicago’s political machine, that has long openly greased the wheels of business, taking payoffs in the process.

In his last job, William Daley supervised the global government lobbying programs of J.P. Morgan Chase, the second biggest bank in the country. Daley was at the center of the trillion dollar government bailout and subsidies that were funneled to the biggest banks. As if that weren’t enough, Daley sits on the board of directors of Boeing, which digests tens of billions of dollars in military contracts every year and Abbott Labs, the giant pharmaceutical, which is reaping billions in profits from “health care reform.”

The fact that Obama chose Daley, whose specialty is getting the taxpayer to foot the bill for big business’s profits, makes it perfectly clear what attacks workers face this year.