Saturday, March 12, 2011

FYI

On the day that the bill passed the Wisconsin Assembly effectively ending 50 years of collective bargaining in Wisconsin and eviscerating the ability of public unions to raise money through dues, a new front opened in the battle for the future of Wisconsin families.

Bagpipes blaring, hundreds of firefighters -- whose union had been exempted from the worst of Walker's legislation -- walked across the street from the Wisconsin Capitol building, stood outside the Marshall and Ilsley Bank (M&I Bank) and played a few tunes -- loudly. Later, a group of firefighter and consumers stopped back in at the bank to make a few transactions. One by one they closed their accounts and withdrew their life savings, totaling approximately $190,000. After the last customer left, the bank quickly closed its doors, just in case the spontaneous "Move Your Money" moment caught fire.

The sedate, old fashioned M&I Bank on the Capitol Square has gained some notoriety in recent weeks. Oddly, a tunnel in the M&I parking garage links to the capitol basement. Dubbed the "rat hole to the Walker palace", the tunnel was used by Governor Scott Walker to ferry lobbyists into the capitol building to hear his budget address during a time when the capitol was in a virtual lock down in defiance of a court order and after Sheriffs has quit the building refusing to be a "palace guard."

Now the bank is getting caught up in the controversy again. Word is beginning to spread that M&I is one of Walker's biggest backers. Top executives at M&I Bank have long been boosters of Walker. Chief Executive Dennis Kuester and his wife gave $20,000 to Walker in recent years. When you package individual and PAC contributions by employers, M&I is number one -- at $57,000 dollars. The firm apparently uses a conduit to bundle much of its money to Walker. Flyers, webpages, and Facebook sites have popped up encouraging WI consumers to boycott Walker campaign contributors and "Pull the Plug on M&I Bank." Other banks whose employees have donated large sums to Walker, such as Associated Bank and North Shore Bank may also be seeing their customers soon. The data shows that Walker's major contributors include a diversity of national and state-based firms including Koch Brother Industries, AT&T, Walmart, John Deere Tractor, Johnsonville Brats, Miller/Coors, Kwik Trip, Sargento Cheese, and SC Johnson & Sons (producers of Windex, Glade, Pledge etc).

2 comments:

Kristin said...

Hey!! I need a photo of you & Tom together. :-) I have a sofa table with all the family photos on it in ornate frames but you 2 are missing! Email me one pleeease. :-)

shera10 said...

Maybe can Wisconsin people recall Gov.Walker now?