A little while ago their were bailouts of companies, mainly banks and auto companies so far. Such grotesque bailouts serve to do nothing other than to save the profits of the capitalist and save this venal, decrepid and putrid capitalist system. This all has come at the expense of the working class and the oppressed. The working class has to pay higher taxes to bailout these greedy and rapacious capitalist. More public services are being gutted. Also, taking place have been "restructuring". Basically companies that are being bailed out are require to slash wages, eradite pension and other union benefits.
Criminally the labour bureaucracy and it political arm of the NDP. Jack Layton criminally told workers to have the "courage" to take a cut. Its quite obvious the Proletariat (working class) needs to break with the NDP and he labour bureaucracy. The working class needs a new party, a revolutionary Leninist-Trotskyist vanguard party. Many smaller reformist groups such as Fightback, Socialist Action and the International Socialist continue to foster illusion in the NDP. In doing so they do a real diservice to the working class.
If capitalist companies go bankrupt than workers should seize those factories and run them themselves. If you've seen The Take by Naomi Klein and Avi Lewis you'll know what I am talking about. Also, workers must demand that bosses requesting bailouts to open the books so all can see the profits that the capitalist gouge from the masses. However, workers musn't stop there. The working class must be mobilized to take state power by smashing the Bourgeois (capitalist) state. Whereas, a Bourgeois state would seek to overturn working class expropriations of capitalist companies, a worker's state would defend and extend such expropriation. Workers' Revolution in Canada isn't enought. It must take place internationally.
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