Working Life

   The Wall Street Journal has an illiuminating piece about Jamie Dimon, the CEO of J.P. Morgan, today. It is both astounding and revealing because it shows exactly what we, the people, are up against when it comes to taking back the country from the people who gambled away–for their own enrichment and/or because of […]

Read the full story

   As soon as I read about the mine explosion, my first thought was: bet it was non-union. Indeed: The death toll from a blast at a coal mine here rose to 25 on Tuesday, federal safety officials said, making it the worst mining accident in the United States in 25 years. Four miners were […]

Read the full story

   Some random notes on the debate over reforming the financial system. The Brits continue to lead the charge on the bank tax–perhaps driven by the fast-approaching elections in which, if you believe the polls, the ruling Labor Party is going to lose its governing majority…perhaps a harbinger of things to come here. So, Gordon […]

Read the full story

The danger in a blip of good news is that it’s simply that: a blip. It is certainly a good thing that the data shows that 162,000 jobs were added in March. But, the truth is that this is not much to celebrate. And it actually should be a siren to move dramatically to embrace […]

Read the full story

   This just in, via The Wall Street Journal: Germany on Wednesday moved toward a new bank levy to cover the cost of future bailouts, and France said it would pursue a parallel effort as leading world economies weigh strategies for curbing speculation and preventing future crises. A proposal approved by the German cabinet would […]

Read the full story

   Bob Herbert makes a point that I’ve been making repeatedly for many, many months: Those who think some kind of robust recovery is hiding around the corner, just waiting to spring a pleasant surprise on us, are deluded. Too many families and individuals are tapped out. They’re struggling from week to week and month […]

Read the full story

   The momentum for a worldwide agreement to tax banks is apparently on the rise: The U.S. and European governments are moving toward a consensus on taxing large banks to cover the cost of any future bailouts rather than asking taxpayers to foot the bill, as happened regularly in past banking crises. The tax proposals […]

Read the full story

   My friends at the Center for Economic Policy and Research have this new report: This report reviews the characteristics of the immigrant workforce and analyzes the impact of unionization on the pay and benefits of immigrant workers. According to the most recent available data, immigrant workers are now over 15 percent of the workforce […]

Read the full story

The lines are clear: it’s the people versus the banks and Wall Street. While both the House and Senate bills do not go far enough and have already been, in my view, watered down, there is one issue that we can still fight hard on–and have the back of the president: an independent Consumer Financial […]

Read the full story

   A strong statement: Health Care Reform Victory Comes with Tragic Setback for Women’s Rights Statement of NOW President Terry O’Neill March 21, 2010 As a longtime proponent of health care reform, I truly wish that the National Organization for Women could join in celebrating the historic passage of the Patient Protection and Affordable Care […]

Read the full story