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Andy Stern
Labor leader

Andy Stern

Andy Stern is president of the two-million member Service Employees International Union (SEIU), the fastest-growing union in North America.

'So long, sucker'

After spending a recent lunch hour asking Goldman Sachs to place all or part of its $23 billion in bonuses in a fund to aid our country and postpone all foreclosures in 2010 -- just as Americans stepped up to aid their company -- I am not convinced that corporate America is retooling their mission and methods to be more socially responsible.

In fact, the behaviors of many big banks and many on Wall Street seems to portend a return to a "I got mine, so long sucker" economy, an economy marked by risky behavior, and companies who seem to salute no flag but their own corporate logo, and worship no God but the almighty dollar.

Although harsh words, they are sadly the reason why 79% of Americans do NOT believe their children will lead a better life than their parents -- the unique and enduring American Dream.

Corporate philanthropy in a less globalized world served many communities, universities, and agencies well, although at the major donor level often seemed a little ego driven and more of a naming-rights competition. Or, in the case of the new $200 million contribution of Goldman Sachs this year to its own foundation, some corporate donations can seem like a very out-of-touch, inadequate public relations gesture to try and salve their outrageous bonus decisions.

Corporations "giving back" should be more driven by their business model of doing good means doing well. Corporate philanthropy oriented toward social entrepreneurship is a new and potentially helpful step forward, particularly when focused on self-sustaining opportunities and organizations.

Corporate philanthropy is best served when it has as its mission that we all contribute fairly to our country, share in its success, and understand that the market in a global economy does not function as it once did to couple productivity and wage increases, and we must find new ways to make America a place where dreams still can come true.

That is a mission on which we all should focus.

By Andy Stern

 |  November 17, 2009; 6:33 AM ET
Category:  Corporate leadership Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati  
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Kiler616 is correct. The only hedge against capitalism sending jobs to the lowest cost countries and the resulting permanent unemployment in the USA is economic nationalism and a rise in membership in unions like SEIU.

Posted by: werowe1 | November 18, 2009 5:16 AM
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They're not exactly very loyal entities to say the least about how full of crap a lot of the banks are. Ask how much of their work is done outside the USA, I dare you.

Posted by: Nymous | November 18, 2009 4:41 AM
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You've been to the White House so many times, I bet you don't have to ask where the bathroom is anymore....LOL

Posted by: tcdifla | November 18, 2009 4:15 AM
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I could care less about corporate philanthropy, but they really need to quit stealing from their customers.

It's incredible what the major banks, brokerages, insurance companies are doing...in this economic environment, with millions out of work.

And no one is stopping them.

Do they really believe there is no limit to how much they can take, with no legal right to do so?

Posted by: secretscribe | November 18, 2009 1:11 AM
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It is interesting that Andy Stern has visted the White House 22 times since Obama was elected President, compare 22 times with 4 times for Secretary of State Clinton.

Andy and Obama will push unionization of all private companies. SEIU shared the same building with ACORN. Obama said He worked for SEIU all his life. SEIU gave 60 million dollars to Obama's Presidential campaign.

Isn't this what our economy needs...more unions like SEIU? What would happen to our economy if all big private businesses were forced to join SEIU? Think GM, bankruptcy and 50% unemployment, because big companies would outsource jobs to China's cheap labor force rather than being unionized by Obama and Andy's SEIU.

Why is Andy pushing Obama's healthcare bill? Because Andy helped Obama in writing the healthcare bill and the famous 787 billion dollar stimulus bill that "saved" 600,000+ jobs which no one can prove. But 545,000 jobs were lost in October to push unemployment to 10.2%.

To believe in Andy Stern is to believe in ACORN, because it was no accident that Andy Stern's SEIU was housed with ACORN.

Posted by: Chuck8764 | November 18, 2009 12:06 AM
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I dare say that "management" has begged for, nay organized, such a figurative "bite" by "laybor." But I digress. The "trickle-down-tools" are in place at long, LONG last for the "take-down," one way or the other.

Posted by: chris3 | November 17, 2009 11:40 PM
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That's how the U.S. has been (and been celebrated) for 30 years. But it now appears that "labor" has obvious cause, not to mention "wind" behind it, to "bite" "management's" hand, HARD!

Posted by: chris3 | November 17, 2009 11:12 PM
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"I hope all of the negative posters here will contact Andy Stern when their jobs are outsourced to Pakistan."

Why would they do that? Andy Stern isn't leading the fight for anything except more money for SEIU from Obama.

He has nothing to do with manufacturing or manufacturing jobs.

Posted by: Ombudsman1 | November 17, 2009 9:56 PM
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I hope all of the negative posters here will contact Andy Stern when their jobs are outsourced to Pakistan.

Posted by: fabricmaven1 | November 17, 2009 8:56 PM
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The first warning of what was to come began with the words, proudly spoken, that SEIU was "the fastest-growing union in North America"...

SEIU is not a union representing manufacturing jobs, or homebuilding jobs, technology workers, or producers of any form of true, value-added products that add to the strength and well-being of American... except for the occasions when you wait in the line at DMV to renew your license, or try to defy the laws of gravity and bet a building permit processed for approval. They represent a surprising rising class of government workers who wish to control the whole shebang if we let them.

From this character we have lessons to learn? I, for one, think not. SEIU has proven to be important to the USA insofar as they have been at the front of the line for largesse and freebies from the $pendulus and other mechanisms that create more Public Sector union jobs with lavish benefits and plump retirement plans than private sector jobs...

Remember, SEIU and it's ilk enjoy healthcare benefits so rich, that they inadvertently became a target for taxation in the context of being gold-plated benefit plans.

I'm sure that they'll find a way to defy the laws of physics and gravity to explain that by our carrying the weight of such heavy burdens, we're making our load lighter.

Fantasy.. or horror flick - you decide which genre this stinker belongs to before you buy a ticket and bucket of popcorn. And even when it goes to DVD, it'll still be a stinker.

Posted by: dbsinOakRidge | November 17, 2009 7:38 PM
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First of all Andy Stern's SEIU is in the same category as ACORN.

But that aside, his statement could be dumb on so many levels:

"I am not convinced that corporate America is retooling their mission and methods to be more socially responsible."

Let's go through it step by step:

1) It's irrelevant whether Andy is convinced of anything. He's the same as a guy in Goldman Sachs, he's trying to make as much money as possible.

2) It's not a corporation's job to do anything other than maximize their shareholder's investment. Period. Let me turn around the question: What has Andy done to make American industry and government more cost effective and efficient?

3) What is social responsibility? Apparently, anything that Andy wants it to mean. For him it means "Get lots more union members paying dues". We get that, and I don't blame him. That's how he makes money, and sometimes does a little better for stakeholders in SEIU.

What is really funny is that somehow Andy, head of a union with all the implies, is questioning somebody else's integrity.

Yes, Goldman-Sachs is taking taxpayer money and keeping it. Sure! But we knew that before Obama threw them a Trillion Dollars. Andy is like the guy who sticks a cow in a rich meadow and complains it's eating a lot of grass.

Andy, do us all a favor and call out Obama who gave our Money to these guys with no idea of what it would be used for.

But you won't do that because you and Obama have an understanding that he'll pump up your union with money and you won't call him out on stuff like this.

Andy, the Teamsters run a more honest union than you. Please just go away.

Posted by: Ombudsman1 | November 17, 2009 7:05 PM
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From these few comments I sense forgetfulness about who got us into this mess over about 20 years while expecting Obama to get it fixed in a few months. While I believe Obama is doing what he can as fast as he can, a Republican "just say no" posture and the depth of our problems makes me despair. If a country can have bipolar disease, which is another name for madness, we have it.

Posted by: paulco | November 17, 2009 7:00 PM
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if you voted for obozo and anyone in the democrat socialist party, you deserve to be unemployed.

If you are an employer or in charge of hiring, go out into the parking lot, find cars with obama stickers on them, determine their owners and get rid of these fools that voted this man/child into office.

Posted by: charlietuna666 | November 17, 2009 5:49 PM
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I can't take seriously anything this communist thugocrat says. I do hope he is sent to jail for illegal lobbying activities. After the Republicans win back the House in 2010, reestablish their power in the Senate and win back the Presidency in 2012, we'll turn over the Stern matter to the new Attorney General (Sarah Palin would be an excellent choice), and conduct a thorough investigation of Mr. Stern and his union full of thugs.

Posted by: Curmudgeon10 | November 17, 2009 4:56 PM
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I remember when I was a small child, one of 6 kids in a 2 parent (only dad worked) and Zenith TV first went to Mexico for production from the US, my family never bought another Zenith TV. Same with cars, my dad, my mom, my sisters, and myself have never bought forgein cars because we wanted to help Americans working in America. Well, that was then... this is now. I still buy Fords only, but most of it wasn't manufactured here any more.... So sad... I hope their years of a few more dollars of profit sustain them when in a few short years, no one will be buying anything due to high un-employment, nothing but minimum wage employment (which sure doesn't sustain a family, let alone the purchase of a new car/tv/home). I am crying for my red white and blue and the only tissue I can find is manufactured in China.

Posted by: Smarra | November 17, 2009 4:56 PM
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finally someone speaks the truth....that is precisely it...the corporation salutes no flag,it is multi-national....it worships no god,except profit....while the U.S. is still able to,it should enact laws to force american based companies to bring the factories back here,production back here.This nation is still the safest place for the corporation to do business,but sooner or later ,the countries with the cheap workforces are going to be able to provide the security....and then,,,there will be hell top pay,a very gloomy world for the workforce.Look at all the sweatshops around the world which are supported and condoned by our corporations...we need government intervention....the average american is so freaked out by the word socialism
that they don't realize it's a far better system than the other option...Corporate Nationalism a.k.a. Fascism...Mussolinni himself called Fascism corporate nationalism...socialist systems don't have to go to the extreme of communism...they just force re-investment on the society in which the corporation operates.Europe's system started declining because they couldn't compete with the U.S. when this country started taking it's factories to the third world....it's our companies that started that in the name of capitalism...

Posted by: kiler616 | November 17, 2009 4:32 PM
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