Letters To The Editor Comment(s)
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Workers Deserve Justice
I participated in a 2-day public awareness educational project to support the Hyatt workers’ efforts to maintain safe quality jobs.
Most volunteers were not Hyatt workers but supported justice for “the working men.” This is a “David vs. Goliath” battle between Goldman Sachs’ Hyatt Regency and their exploited workers.
The workers are not demanding unreasonable wage or benefit increases, but are fighting to ensure their jobs are not subcontracted or outsourced to individuals in other states or countries such as India. They also want Hyatt to implement safety measures to reduce injuries because Hyatt has the highest percentage of injuries of any local hotel.
On 4/16/10 the Security and Exchange Commission sued Goldman Sachs (Hyatt’s parent company) for misrepresenting facts to mislead people. Goldman subsequently lost $10 Billion in market value shares during the trading session. On 7/15/2010, Goldman agreed to pay $550 million in a settlement with SEC, and this fine was the largest commission penalty for a Wall Street firm.
Goldman Sachs and the Hyatt have demonstrated a continual pattern of altering facts to conceal injury rates and to maximize profits at the expense of working individuals. We must ensure that their deceptive, inappropriate corporate practices are no longer tolerated and implemented.
Keep good quality and safe jobs in Hawaii for future generations by preventing subletting or outsourcing of jobs. We have already lost 6 million jobs by outsourcing to foreign countries. Support the American economy by protecting workers.
Glenn Yoshimoto
Posted by gyoshimoto on 11/12 at 03:21 PM
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