Indiana’s C&M Conveyor (& Occupy Austin) Against Blue Sage

By: Thursday June 14, 2012 6:30 pm

Last week we heard from the United Steelworkers on behalf of C&M Conveyor, a firm in Mitchell, Indiana. They unionized with United Steel a year ago but have struggled with the company’s owners, vulture capitalists Blue Sage Capital who have refused to give them a contract while cutting their hours, wages, health care and retirement benefits. Though health insurance is theoretically provided, the insurance deductible to cover a family is $10,000, leaving some workers literally bankrupt after medical emergencies. Many workers are so broke that they qualify for food stamps.

Today we protested at Blue Sage’s downtown Austin offices.

Capitalists: Venture vs. Vulture

By: Saturday January 14, 2012 4:00 pm

So there I was, surfing around the intertoobz this morning when I came across this headline at CNN: “Stop vilifying venture capitalists.”

I have to admit, I was a bit taken aback at the headline as it surely did not reflect anything I had read.

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