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7-18-2009 3:12 AM
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merrie says:
Obama’s War on Capitalism
July 17, 2009
Stimulus Reality: 1,000 Defense Workers Fired By Obama Today

As President Obama attempts to spin his way out of over-promising the immediate effects of his signature piece of legislation, the $787 billion American Recovery and Reinvestment Act (ARRA)...

... a thousand defense workers get their pink slips today:

"Our hearts and compassion certainly go out to our employees" and others affected by the layoffs, [Boeing VP Tony Jones] said Thursday.

In a statement, Boeing said layoff notices will be issued to about 250 employees working in GMD [Ground-based Midcourse Defense, i.e. long-range ICBM interceptors] at various locations, including Alabama, Alaska, California and Colorado. They are to receive an official 60-day advance notice today, but Jones said it won't be a surprise.

Closing Velocity

http://closingvelocity.typepad.com/closing_velocity/
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7-18-2009 3:17 AM
merrie
Obama vs Obama on the Stimulus

“We’ve talked to all of our employees,” he said. “We’ve done a lot of work” to try and minimize the impact, find jobs in other programs for as many as possible and provide other assistance.

The cuts are part of 1,000 jobs Boeing’s Integrated Defense Systems said this week it plans to eliminate at various locations because of changes in defense spending.


The defense budget released by President Barack Obama and Defense Sec...
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