Friday, May 8, 2009

This is where we are heading...

Here's how socialism always winds up making buggy whips in an age of autos. It is also a sign of government power being used in a manner more appropriate for gangsters and thugs. It is the flexing of union muscle that cares mostly about collecting union dues and a radical agenda. Do you think the SEIU cares if Hartmarx ever makes a dollar of if the taxpayer will support a product not enough people want to buy anymore?
In my younger days, when I worked in an office where a conservative suit was imperative, I dreamed of buying a Hart, Schaffner and Marx suit. They we the best in American made elegant, understated office suits. But, they were three times what my budget would allow and so sadly it was not to be. In our more casual dress atmosphere today I cans see why they would be in trouble. There are simply fewer Madison Avenue ad execs, Wall Street brokers and others out there. And, for the stylish Italian and English suits are in vogue. Soft spoken conservative dress has a small audience. If Hartmarx can restructure and gone on in business well I say hooray. But government has no business stepping in to decide life's winners and losers.
I fear our society is on a path to national socialism.

Giannoulias threatens bank over Obama suit-maker

Illinois Treasurer Alexi Giannoulias is threatening to pull state business from Wells Fargo & Co. unless the bank stops trying to liquidate a company that makes suits for President Barack Obama.
Giannoulias made the ultimatum outside a Hartmarx Corp. factory in Des Plaines Thursday. Chicago-based Hartmarx is the nation's largest maker of men's tailored clothing.
The company filed for Chapter 11 bankruptcy Jan. 23. It employs about 3,000 workers represented by the Service Employees International Union.
Giannoulias spokesman Scott Burnham says Wells Fargo is custodian of an $8 billion state portfolio. Bank spokeswoman Jessica Walstrom says Wells Fargo empathizes with Hartmarx's employees.
Union officials say the bank should help since it received a $25 billion federal bailout.

No comments: