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January 04, 2006

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John Lacny

International Coal Group is the creation of Wilbur Ross, the same speculator who created International Steel Group. People around here will remember International Steel as the group that bought out LTV and Bethlehem Steel after extracting substantial concessions from the Steelworkers and dumping the pension liabilities onto the public (in the form of the PBGC). Ross is now doing the same in coal; this current company was formed in 2004 when he bought Horizon and dumped that company's pension (underfunded by $87 million) on the public. Once he's sucked these companies dry -- particularly the workers, and no one cares if a dozen or several dozen of them die along the way -- he'll probably sell off International Coal at a tidy profit, the same way he did with International Steel when he sold to Lakshmi Mittal for $4.5 billion.

The Sago mine was formerly owned by Anker, which International Coal acquired in November. It doesn't do to say that their record was "improving." If there were that many outstanding safety violations, the mine shouldn't have been in operation at all until those problems were fixed. And of course, you can't count on the Bush government to do proper inspections, either, particularly since Bush's OSHA is required to give employers 24 hours advance warning before inspections.

Richard Myers

Citizens form group to protect coal miners


Sago Outrage is a maillist, gathering supporters. We plan to put the issue of the safety of coal miners, and by extension the safety of all working people, on the national agenda.


Here's the first message, an overview of the Sago disaster:

http://groups.yahoo.com/group/sago_outrage/message/1


If you're concerned that there's no justice for coal miners, please join Sago Outrage:

http://groups.yahoo.com/group/sago_outrage/

Thanks!

richard myers
Moderator, Sago Outrage
Denver, Colorado

rtmyers@h2net.net

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