Monday, January 30, 2006

A Study in Contrasts

Let's not kid ourselves: mining, even under the best of circumstances, is a risky business. How businesses and governments approach that risk defines their approach to governance and oversight.

Mosaic, the Minneapolis-based firm that manages a mine in Esterhazy, Sasketchewan cares enough to have installed "safe rooms" within their mines in case of fire.

Probably not a company idea, when you think about it. Sounds more like some of that socialism from up in Canada. There's about 72 miners right now feel pretty good about it.

Apparently, when the fire broke out, the retired to the safe rooms for food, water, clean O2 and some shut eye. A far cry from West Virginina

Thursday, January 12, 2006

Mad Money Supports Tyranny

On his CNBC show Mad Money, Jim Cramer claims "You are never responsible for the actions of the companies you buy." Uh, wrong, Jim. (See TOTM Part II.) His claim is so exactly opposite from reality, that we wonder why nobody else calls him on this.

The answer is simple: everybody, Cramer included, wishes is were true. But it's not.

The fact is that shareholders, AND ONLY SHAREHOLDERS, are responsible for the actions of the companies that they own.

While it's true that us regular people own so little of any given company that we couldn't even voice our concerns at the annual meeting. Or at least I own so little...

But Jim Cramer -- and this is his real crime -- he owns enough to make some noise, to have some say. The famous "Hedge Fund" that Cramer ran, his "Charitable Trust" are the very institutional investors that can influence corporate behavior.

So shame on you, Jim. You seem like a decent guy. Why don't you have some sack and tell us all what you think about Haliburton. At least tell your viewers the truth.

Don't you have enough money already?

Thursday, January 05, 2006

Disappearring Industrial Accidents

Amid all the heartbreak of the Sago explosion, all the bungling, all the profiteering, I was reminded of another industrial accident -- a fire at a chicken processing plant, an Imperial Chicken plant in Hamlet, NC. It killed 25 low-wage workers on September 5, 1991.

Funny, er, not at all funny thing -- that outrageous crime turned into a figment of the liberal elite's imagination. It has largely disappeared from the MSM.

My Google searches for relevant phrases like 'imperial chicken 9/5/91' turn up tens of links. TENS! And they're from sources like Maoist International Monthly, from which much of what follows is drawn. Great thing about the Commies; they always give you footnotes.

Searches for 'imperial foods fire' delivered many useful links mostly coming from educators, fire prevention groups and unions. Here are two particularly chilling accounts:
I guess it's not surprising that the MSM, Wall St., and, especially, the progressive government in NC, don't want to talk about the Good Ole Boys policies that led to the deaths. Or the palty $800k fine that Imperial paid. (Yes, the owner served 4 yrs., but his son, the Operating Manager, walked.)

Anyway, here's a highly edited version of the MIM piece. This is the non-spun, basic reality part of the story. Scares me stupid. But the AP/Time stuff from the education site is the scariest:
FIRE AT IMPERIAL... FOODS

by MA20

...lead para sucks [ed.]...

...[unsustantiated but probably accurate assertions about race- and gender-based hiring, ed,] and the plants choose their locations based on the availability of cheap labor. Imperial Foods opened in the early 1980s, initially employing more than 250 people, making it Hamlet's second largest employer. Hamlet is a town of 6,900 in south-central North Carolina.(2) ...blah blah blah which is one of the reasons that the plant was never inspected...

...more partisan sniping...

No ethnic or national breakdown of the victims has been released by the bourgeois media [read MSM, ed.], to MIM's knowledge. But news reports confirm our suspicions. "Most of the 90 workers caught in the fire were Black, said friends, relatives and onlookers."(2) A relative and friend of many of the fire's victims, Doris Fairley, "said she's convinced that because so many plant workers were Black, improper safety procedures were tolerated."(3) One of Fairley's relatives, Peggy Anderson, who died in the blaze, "stopped by every day after work ... and talked about how the bosses yelled at her and kept up pressure to produce."(3)

The average hourly wage at the plant was $5. "Working conditions are unsanitary, pay is poor and complaints about malfunctioning equipment are sometimes ignored."(2) "The people here care more about the chickens than they do about people," said one Hamlet resident.(1)

Many of the exit doors at the plant were either locked or blocked. One door marked "Fire Exit" was actually a broom closet.(4) Trapped workers, firefighters and passersby had to kick open one door, cut a lock off another, and remove a trash bin and a tractor trailer which were blocking other escape paths. Twenty-two workers
died inside the plant, and three others died after escaping the toxic fumes of the fire-engulfed structure.(3)

Notes:
1. National Public Radio 9/6/91.
2. Winston-Salem Journal 9/4/91, p. 4.
3. Greensboro News and Record 9/5/91, p. 8.
4. NBC News affiliate 9/4/91.

* * *

Tuesday, January 03, 2006

Tyranny 208, Workers 12

(editor's note: As of 1/4/06, a sole survivor has been rescued from the Sago Mine.)

Please join us as we send our prayers and thoughts deep underground in West Virginia where we need a miracle.

It goes without saying that methane levels in the mine were unsafe at the time of the explosion. We do not yet know what role was played by the 48 alleged safety violations or 208 citations filed by federal inspectors against the mine in 2005.

The following comes from the SF Chronicle. Note that the federal fine for a violation is $250.

ICG acquired the Sago Mine (pronounced SAY-goh) last March when it bought Anker West Virginia Mining Co., which was bankrupt. In 2004, the latest year for which figures are available, the Sago Mine produced about 397,000 tons of coal.

Federal inspectors cited the mine for 46 alleged violations of federal mine health and safety rules during an 11-week review that ended Dec. 22, according to records.

The more serious alleged violations, resulting in proposed penalties of at least $250 each, involved steps for safeguarding against roof collapses, and the mine's plan to control methane and breathable dust. The mine received 208 citations during 2005, up from 68 citations in 2004.

The state Office of Miners' Health Safety and Training issued 144 notices of violation against the mine in 2005, up from 74 the year before.