Posted on 03 June 2010. Tags: Airlines, Middle Class, National Mediation Board, Railroads, Unions
Last month, I wrote about a welcome change in the laws covering union organizing in airlines and railroads. Looks like this is causing some action: Delta Air Lines Inc., on the heels of last month’s federal rule change making it easier for aviation workers to organize, is facing a stepped-up recruitment campaign by labor […]
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Posted in General Interest
Posted on 01 June 2010. Tags: David Patterson, Layoffs, New York, public employees, Taxes, Wall Street
Here we go, another example of a lack of courage: Days after a federal judge blocked his efforts to furlough half the state work force, Gov. David A. Paterson is drafting a plan that would lay off thousands of government workers at the beginning of next year, a move officials say is necessary to […]
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Posted in General Interest
Posted on 01 June 2010. Tags: Depression, Jobs, Stimulus, Unemployment
This was predictable: This year is shaping up to be even worse than last for the millions of high school and college students looking for summer jobs. State and local governments, traditionally among the biggest seasonal employers, are knee-deep in budget woes, and the stimulus money that helped cushion some government job programs last […]
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Posted on 28 May 2010. Tags: Congress, Depression, Jobs, Stimulus, Tax Cuts, Unemployment
If Democrats wonder why more than half the people in the country think that the party of FDR cares more about the concerns of big corporations, no need to look any further than this: House leaders cut the cost of the package by roughly $44 billion, in part to address complaints from Blue Dog […]
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Posted on 26 May 2010. Tags: Afghanistan, Barack Obama, Congress, Defense, Education, Health Care, National Priorities Project, Priorities, Roads, schools, Teachers
My refrain, whenever I hear about the "deficits", is very simple: we have plenty of money. We are the richest nation in human history. The problem is our priorities. And this week it boils down to this: do we want war or do we want teachers who will make our kids ready for the future? […]
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Posted on 25 May 2010. Tags: Afghanistan, Coalition Against War Spending, Education, Health Care, Iraq, Priorities, Roads, schools, Teachers
Three trillion dollars. Think about all the state budgets that could be helped with that money. The teachers, firemen, police officers whose jobs could be preserved. The millions of people we could put back to work during the greatest economic crisis we have faced in generations. Not to mention the lives that could be […]
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Posted on 22 May 2010. Tags: Federal Reserve, Financial Reform, Wall Street
Health care gets teed up and…the people get half-a-loaf. An economic crisis requiring at least $1 trillion to create jobs–and the people get half-a-loaf. And, ladies and gentlemen, just to keep us consistent, financial reform…half-a-loaf. Here’s the explanation:
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Posted in General Interest
Posted on 20 May 2010. Tags: Banks, Greed, Leveraged Buyouts, Middle Class, Russ Feingold, Wall Street
The financial "reform" bill is still not law. One reason is the failure to cobble together enough votes to move past a filibuster. Russ Feingold explains his opposition: Mr. Feingold said he wanted to reimpose Depression-era rules that would bar traditional banks from affiliating with investment firms, among other things. "We need to eliminate […]
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Posted on 20 May 2010. Tags: Chris Dodd, Derivatives, Wall Street
Chris Dodd is heading into retirement. On the way out, he tried to weaken a key part of the financial reform package but ruffled a few feathers: His amendment would have delayed for two years any ban on derivatives trading and given the Treasury Secretary the ability to quash the proposal outright. Liberal Democrats […]
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Posted in General Interest
Posted on 19 May 2010. Tags: Afghanistan, Barack Obama, Congress, Defense, Education, Health Care, Priorities, Roads, schools, Teachers
In the dysfunctional world of politics, games are played that no normal person would think makes sense. Right now, one of those games is being played out in astonishing fashion: Congress is being told that if it wants money for teachers, Haiti reconstruction and other good social needs, it has to vote for billions […]
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Posted in General Interest