AP is reporting: UE workers occupying the Republic Windows plant in Chicago have won a major victory! Bailout recipient Bank of America has finally agreed - under intense pressure - to lend the company the money to pay the workers.
As always there is more they might have won: the right to run the plant themselves, as a co-op or something, for example. But this win is significant, and it might be just the beginning.
Certainly the Illinois Governor and US President-elect seem to see it that way. (Could it be that the economic crunch looks just bad enuf, like it might be ushering in a trend of plant closings, that the spirit of M. Keynes advises settling with workers fast, when their demands are confined to "the money we're owed" - in other words, before workers start demanding to keep their plants? That could still be next.)