Posted on 16 November 2010. Tags: CEO Pay, Greed, Robbery, The Audacity of Greed
I know we are shocked by this (via The Wall Street Journal–subscription): Overall, median total direct compensation for CEOs in the sample rose 3.0% during their latest fiscal year, as total shareholder return came in at 29%. Total direct compensation includes salary, bonuses and the awarded value of stock, options and other long-term incentives. […]
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Posted in General Interest
Posted on 13 November 2010. Tags: "Free Trade", Barack Obama, Enforcement, Minimum Wage, Policy Matters Ohio, Side Agreements, South Korea
Today is a day to celebrate–no kidding. The so-called "free trade" deal with South Korea is dead in the water–at least for now. There are a whole host of reasons these deals stink from top to bottom. But, little attention is ever given to this reason: the phony promises made about enforcing labor and […]
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Posted in General Interest
Posted on 11 November 2010. Tags: Alan Simpson, Center for Economic and Policy Research, Dean Baker, Debt, Deficits, Erskine Bowles, Hysteria, Nonsense, Social Security, Tax Cuts
I am so tired of listening to the transcribers of press conferences (people we used to call "journalists") speaking about the debt or deficit "crisis". They just regurgitate crazy, phony stuff–and the height of all this came yesterday with the release of the proposals by the co-chairmen of the Commission appointed by the president. […]
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Posted in General Interest
Posted on 11 November 2010. Tags: Democrats, Harry Reid, John Wilhelm, Tim Kaine, UNITEHERE
This will be interesting. The Democratic Party loves to come to the labor movement when it needs help or money. Harry Reid, for example, doesn’t win re-election without the help of the Culinary Workers i.e., UNITEHERE. And so: A union representing hotel workers has asked the Democratic National Committee to rule out two of […]
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Posted in General Interest
Posted on 11 November 2010. Tags: "Free Trade", Barack Obama, CAFTA, Consumer Financial Protection Bureau, Corporate Power, Elizabeth Warren, Greed, Melissa Bean, Wall Street
War is peace. Lies are truth. And, now, Melissa Bean is like Elizabeth Warren. That is the instant thought I had when reading about the rumors that the White House might consider appointing Melissa Bean to head the Consumer Financial Protection Bureau if she ends up on the short end of the vote count in […]
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Posted in General Interest
Posted on 10 November 2010. Tags: Digital Age, Facebook, Free Expression, nlrb, Union Rights
Interesting: In what labor officials and lawyers view as a ground-breaking case involving workers and social media, the National Labor Relations Board has accused a company of illegally firing an employee after she criticized her supervisor on her Facebook page. This is the first case in which the labor board has stepped in to […]
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Posted in General Interest
Posted on 09 November 2010. Tags: CAFTA, Melissa Bean
Look, I am not happy when wacky Republicans win. But, I am not feeling particularly sorry that Melissa Bean may lose her seat in Illinois: Vote counting is temporarily on hold for Illinois’ 8th Congressional District where Republican Joe Walsh has a razor-thin lead over Democratic Congresswoman Melissa Bean. The race has been too […]
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Posted in General Interest
Posted on 06 November 2010. Tags: Barack Obama, Taxes, The Rich
The first act of surrender will be the opening up of the Treasury to the rich: President Barack Obama is open to considering the extension of all Bush-era tax cuts for a year or two, the White House confirmed Thursday, putting to a likely end any debate over whether to extend the breaks for […]
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Posted in General Interest
Posted on 05 November 2010. Tags: "Free Market", "Free Trade", Barack Obama, Democrats, Elections, John Boehner, Middle Class, Nancy Pelosi, Poverty, Public Citizen, Republicans, Sherrod Brown, Wages
Yesterday, I wrote about the disastrous state of labor in the wake of the elections. Suffering from either a lack of sleep or simple brain lock, I neglected to include one of the most dangerous coming debacles: we have lost much of the ground built opposing so-called "free trade" agreements, which have played a central […]
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Posted in General Interest
Posted on 04 November 2010. Tags: AFL-CIO, AFSCME, Culinary Workers, Democrats, employee free choice act, Harry Reid, John Boehner, Labor, Minimum Wage, Republicans, SEIU, Unions
There isn’t any other way of putting it: last night was a disaster for the labor movement and for its members and all working people. When the working class "hero" John Boehner choked up in recounting his humble roots, I said aloud, "will you remember that when you unleash Big Business to press its boot […]
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Posted in General Interest