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After the tragic fire this week which killed well over 100 employees of a Bangladesh garment factory, Fox "news" took the opportunity to, what else, bash labor unions in the United States, and to excuse Wal-Mart of any responsibility for the incident.

Fox Host: People Who Died In Walmart Factory Fire Were Thankful For Their Jobs:

The 129 Bangladeshis who died in a fire caused by poor fire safety conditions in their garment factory should be thankful for their jobs, according to Fox Business host Charles Payne. Speaking with Neil Cavuto on Fox News this Monday, Payne excused this Sunday’s fire as a rare event and labelled all critics of the unsafe conditions that contributed to the tragedy as anti-Capitalist:

PAYNE: It is tragic. I don’t think something like this will happen again. Don’t think that the people in Bangladesh who perished didn’t want or need those jobs, as well. I know we like to victimize everyone in this country, particularly when it comes to for-profit motivation, which is being assaulted. But, you know, it is a tragedy but I think it is a stretch, an amazing stretch, to sort of try to pin this on Walmart but, of course, the unions in this country are desperate.

[...] Some believe companies like Walmart — whose brands were found in the burnt factory — would move if production at the faculty were more expensive; that is, if things like basic safety precautions were implemented.

During his defense of the factory, Payne referred to himself as “a spokesman for capitalism and the American Dream” and said “for a lot of people, this [Walmart business practice] is a step in the right direction.”



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(h/t David)

Paul Krugman repeated his criticisms of Republicans he made last week and hit Mitch McConnell for his lie that resolution authority is setting the banks up for future bailouts.

Krugman: Anyone who says we need to be bipartisan should bear in mind that for the last several weeks Mitch McConnell, the Senate Minority Leader had been trying to stop reform with possibly the most dishonest argument ever made in the history of politics, which is the claim that having regulation of the banks actually bailing out the banks and that basically the argument boiled down to saying what we really need to do to deal with fires is abolish the fire department, because then people will know that they can't let their buildings burn in the first place, right. It's an incredible... so anyone who says bipartisan doesn't include the Senate Minority Leader.

Here's more from Krugman's column on the topic The Fire Next Time:

On Tuesday, Mitch McConnell, the Senate minority leader, called for the abolition of municipal fire departments.

Firefighters, he declared, “won’t solve the problems that led to recent fires. They will make them worse.” The existence of fire departments, he went on, “not only allows for taxpayer-funded bailouts of burning buildings; it institutionalizes them.” He concluded, “The way to solve this problem is to let the people who make the mistakes that lead to fires pay for them. We won’t solve this problem until the biggest buildings are allowed to burn.”

O.K., I fibbed a bit. Mr. McConnell said almost everything I attributed to him, but he was talking about financial reform, not fire reform. In particular, he was objecting not to the existence of fire departments, but to legislation that would give the government the power to seize and restructure failing financial institutions.

But it amounts to the same thing.

Now, Mr. McConnell surely isn’t sincere; while pretending to oppose bank bailouts, he’s actually doing the bankers’ bidding. But before I get to that, let’s talk about why he’s wrong on substance. Read on...