Friday, January 21, 2011

Union Protest Interrupts Mortgage Bankers Summit



First Posted: 01/19/11

WASHINGTON -- About 200 union workers interrupted a meeting of mortgage bankers at a posh hotel Wednesday.
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The protest -- aimed at the Pulte Group, one of the nation's largest homebuilders -- quickly turned into a scrum as workers wearing hardhats and shouting through bullhorns overwhelmed the security staff at the JW Marriott, bursting into a crowded conference room before a stunned crowd of bankers.
Shouting "Where are the jobs?" and "Where is the money?" the protesters from the Sheet Metal Workers' International Association and the International Union of Painters and Allied Trades, many in overalls and helmets, said taxpayers have provided $900 million in tax breaks to Pulte with the aim of creating jobs. They said they haven't seen the results they were promised.
"Those tax breaks were supposed to create jobs," Wayne Peworchik, one of the protesters, said. "That was President Obama's and Congress's intent."
"Instead, Pulte laid off workers," Peworchik said.
Marc Norberg, the union official who led the protest, said they protested the summit held by the Mortgage Bankers Association of America because "this is where Pulte is, and the mortgage bankers should know.
"Pulte used that money for land acquisition, and that land isn't being used," Norberg said.
He added that the union has been targeting Pulte for years, but the homebuilder won't meet with them.
Union workers said they're with the AFL-CIO, which played a part in the protest.
The roughly 10-minute demonstration ended once more security officers were brought in.

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