Posted on 21 June 2007. Tags: Banking, Wal-Mart
   You might remember that Wal-Mart was making big-time efforts to get into the banking world–which elicited a huge wave of protest. Well, never say the folks at Bentonville aren’t relentless. If the company can’t get its way into opening up a bank, it will do the next best thing, as The New York Times […]
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Posted in General Interest
Posted on 21 June 2007. Tags: "Free Trade", Globalization, OECD
I’m on the road out of the country so I’ve had a weird kind of schedule to post these past few days and that will continue the rest of the week. And it’s really late now so…a quickie… Checked out this piece in the Wall Street Journal from today: Free-Trade Alert: A Warning on Globalization […]
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Posted on 19 June 2007. Tags: EFCA
Today, the Senate will begin considering the Employee Free Choice Act. The Change To Win and AFL-CIO federations are joining together to turn out people to a rally in Washington, D.C. and many other events around the country. IF YOU HAVE VIDEO OF THESE EVENTS, POST IT VIA OUR WORKINGLIFE TV SITE. In the past […]
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Posted on 18 June 2007. Tags: Democrats, Fast Track, Trade
Even The Wall Street Journal acknowledges the obvious today: President Bush’s ambitious global trade agenda appears to be shrinking to this: a new investment-treaty negotiation with Rwanda, launched Thursday, likely to be followed by pursuit of similar pacts with the small African countries of Ghana and Mauritius. Bigger, more complex agreements — notably the Doha […]
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Posted on 15 June 2007. Tags: Democrats, EFCA
Back in April, I wrote that supporting the Employee Free Choice Act should be a no-brainer for Democrats. Well, the debate on EFCA is starting next week in the Senate and so we’ll see where a few Democrats stand. I noted that a few Democrats were not co-sponsors and were giving dodgy answers why they […]
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Posted on 15 June 2007. Tags: Brian McLaughlin, New York Labor
   I’m sure this is not the way Brian McLaughlin wanted to be back on the job as a regular working stiff. But, this story in today’s Times did make me think that it probably wouldn’t hurt every union leader to do this once and a while–obviously not under these circumstances: As he walked down […]
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Posted on 13 June 2007. Tags: Immigration, Steve Levy
   Here is a good example of the drift of the Democratic Party. Steve Levy, the executive of Suffolk County, NY (that would be over on Long Island for the non-New Yorkers) is a Democrat. And he’s making himself a political reputation by going after illegal immigrants. In a piece today in The New York […]
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Posted on 12 June 2007. Tags: Blackstone, Class Warfare, Greed
   It never ceases to amaze me how much people are willing to practice the art of greed, particularly in the corporate world. Blackstone, one of the biggest player in the private equity world, is going public. The take for the top dogs, according to The Wall Street Journal: The founders of private-equity firm Blackstone […]
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Posted on 11 June 2007.
The Wall Street Journal tell us this morning that Sen. Hillary Clinton has apparently said she would not support the so-called “free trade” deal with South Korea. In a fresh sign of Democratic unease with free trade, Democratic presidential candidate Sen. Hillary Clinton signaled opposition to a deal that would tighten economic ties between the […]
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Posted on 08 June 2007. Tags: Carl Levin, Chrysler, Debbie Stabenow, Ford, General Motors, Global Warming, Single Payer
At first glance, you might say “huh?” (and, maybe after you read this, you’ll say the same). The auto industry has been lobbying hard to scuttle higher fuel emission standards, claiming the industry just can’t afford the changes–and some Democrats seem to be biting. People are rightly upset at the Democrats but the critics have […]
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Posted in General Interest