[Congressional Record Volume 142, Number 13 (Wednesday, January 31, 1996)]
[House]
[Page H979]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                         A FRIGHTENING STRATEGY

  (Mr. MILLER of California asked and was given permission to address 
the House for 1 minute and to revise and extend his remarks.)
  Mr. MILLER of California. Mr. Speaker, I read with interest of the 
remarks of Albert J. ``Chainsaw Al'' Dunlap to the Republican freshman 
caucus. Mr. Dunlap earned his nickname by firing thousands of employees 
at various companies, most recently Scott Paper Co.
  American workers and voters, take note.
  Mr. Dunlap's frightening strategy involves firing loyal employees, 
ignoring impacts on communities, and maximizing profits to stockholders 
and the corporate elite--like Mr. Dunlap.
  Two years of firing employees made Chainsaw Dunlap a very rich man; 
he pocketed about $100 million, much of it in stock gains that would be 
untaxed under the Republicans' flat tax scheme.
  Along the way, he fired 20 percent of hourly workers and 50 percent 
of managers, barred community activities, and reneged on charitable 
commitments. But as the chairman of Wharton's management department 
noted, ``Dunlap didn't create value. He redistributed income from the 
employees and the community to the shareholders.''
  Let us hope that the Republican revolutionaries who listened to 
Dunlap do not buy into his prescription that people are as disposable 
as Scott tissue as long as the bottom line spells money for the wealthy

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