Chicago factory workers sit in gets stupid.

Business: You have to be a complete moron to fall for the seedy tactics of Illinois Governor Rod Blagojevich saying the state won't do business anymore with Bank of America unless it restores credit to the factory that got shut down.

Illinois Governor Rod Blagojevich said the state will suspend business with Bank of America Corp. until the lender restores credit to the shuttered Republic Windows & Doors company in Chicago where workers are staging a sit-in. Blagojevich, a Democrat, spoke at a news conference today after meeting with employees who remained at the factory since Dec. 5, when it closed following the bank’s cancellation of its credit line. Illinois does “hundreds of millions of dollars” in business with the bank, he said. The Illinois Department of Labor will sue the manufacturer if Republic doesn’t respond to employee requests for vacation and severance pay, the governor said in a press release.

So the Governor wants the bank which is again taxpayer filled from the bailout and regular customers who do business with them to give welfare to these out of jobs people.

This is an argument between the workers and the factory. BoA is well within its rights and common sense to cut out credit to a business that is a liability, Gov Rod, to them.

If something is a liability to them, then it becomes to a liability to its customers and again the taxpayer money it got in its bailout package.

Blagojevich on Monday ordered all state agencies to stop doing business with Bank of America to pressure the bank into using federal bailout money it received to help the laid-off workers. "We hope that this kind of leverage and pressure will encourage Bank of America to do the right thing for this business," Blagojevich said outside the plant. "Take some of that federal tax money that they've received and invest it by providing the necessary credit to this company so these workers can keep their jobs." Democratic Sen. Dick Durbin of Illinois said he wanted to ask his fellow senators to remind banks that the bailout wasn't to be used for dividends and executive salaries. "They're for loans and credit to businesses just like Republic," he said.

But the Republic company is a failed business, so we are going to force banks to throw money at failed businesses to prop them up? What is in it for the rest of America that we are running around building up a welfare nation and politicians like Gov. Rod who are either too stupid to think beyond just saving is below ground approval rating?

I feel sorry for the workers but hell if I am going to agree to pass out welfare checks to prop up a suck business.