[Yes, more of an overview update is coming soon; there’s been big news in the past two months. The bailout has morphed into something bigger, with both interesting and scandalous implications (some times at the same time); we have a new president; anti-authoritarians have some interesting things to think through around grassroots political campaigning, public works projects and an economic crisis, etc. Plus, Thai mass direct action just brought down a government. But everything starts somewhere, so let’s start with a new kind of protest..]

In Chicago, the economic crisis hit the road in the form of worker suddenly cut off from their jobs at Republic Windows and Doors (company website here). Republic’s (apparently one and only) factory closed Friday, three days after its 260 workers were notified. Standard notice is sixty days. Severance and unused vacation for the workers have not been paid. In response:

Members of the United Electrical, Radio and Machine Workers, which represents 260 workers at the company’s Goose Island plant, have taken shifts at a sit-in at the plant, 1333 N. Hickory Ave., since Friday. (Chicago Tribune)

Scores of workers laid off from a factory here that makes windows and doors have refused to leave, deciding to stage a “peaceful occupation” of the plant around the clock this weekend as they demand pay they say is owed them.

[…]

The workers, many of whom were sitting on fold-up chairs on the factory floor Saturday afternoon, said they would not leave.

“They’re staying because the fact is that these workers feel they have nothing to lose at this point,” said Leah Fried, an organizer for the United Electrical, Radio and Machine Workers of America Local 1110, who said groups of 30 were occupying the plant in shifts. “Telling them they have three days before they are out on the street, penniless, is outrageous.” (NYT)

Clearly, this is the face of the overall downturn: we saw 533,000 lost jobs in November, bringing the total ot 1.9 million in the current recession. It’s also the front end of the bailout: Bank of America, backed up by our bailout, is Republic Windows and Doors’ creditor, and is accused by workers of not releasing the funds for the company to meet its obligations. Bank of America, by the way now includes ABN AMRO North America, FleetBoston, LaSalle Bank, NationsBank, predatory lender Countrywide Financial, Merrill Lynch, credit card giant MBNA. As of July, after taking on Countrywide, the company controlled between 20 to 25 percent of the home loan market. As Jobs with Justice reminds us, “Bank of America has received $25 billion in bailout funds, ostensibly in order to extend credit to companies that need it.”

You can back up their protest with letters to Bank of America here.