Working Life

   This is one of those moments when I feel like I live in la-la land. It’s possible that I am insane, stark-raving mad and delusional. Either that or there is a staggering moral obscenity underway in our country. We have plenty of money to fund what needs to be done–but our political leaders, on […]

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   I don’t want to overstate this but it does make me a bit concerned when I look at the face of the economic transition team. Not a single labor leader was standing behind the president-elect at his first press conference. Here is the list: David Bonior (Member House of Representatives 1977-2003) Warren Buffett (Chairman […]

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   I’m breaking my no-weekend blogging rule for this: How about this for an example of what to do to get an economy going? China’s answer: $586 billion.   From The Wall Street Journal: SHANGHAI – China’s government announced a two-year stimulus exceeding a half-trillion dollars to offset the impact of slowing global growth and […]

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   Readers here know that I’ve been repeatedly saying things will get much worse, regardless of any one-day swings in the stock market. I’ve been saying for many, many weeks that we are going to see very big problems come the holiday season–the more important time for retailers and other businesses to bring in sales. […]

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   If policy was constructed by the people, not the wishes of the lobbyists and corporate interests, we would never see a so-called "free trade" deal pass Congress again. That’s pretty much the upshot of the 2008 elections–though, believe me, this fight ain’t over yet.     I would argue that the issue of trade […]

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   So much to say but…I’m going to be on CNBC this afternoon at 2:10 Eastern time to talk about labor’s prospects under an Obama Administration and, specfically, what to look for if the Employee Free Choice Act is passed. I’ll try to post the video clip later–if it exists.    UPDATE: here’s the link. […]

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   Well, whatever happens today, I’m off early to do my citizens duty. in the meantime, I feel like I’m watching the Wizard of Oz. You have liberals joining with people like Robert Rubin saying "we really are so very much the same" and saying almost in unison we won’t tax the rich–in a serious […]

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   I sent the below around a couple of weeks ago and I’m sticking to it. It’s, of course, very optimistic–that’s the kind of guy I am–but feel free to comment yourselves. The upshot: Obama wins 390 Electoral votes Democratis end up with 58 Senate seats (net gain of 9–could mean after run-off in the […]

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Want to know where $40 billion of your taxpayer-financed bailout for bankers is going? Into the pockets of their executives. And that evidence comes straight from a hard-hitting piece in today’s Wall Street Journal.   The Wall Street Journal piece is entitled "Banks Owe Billions to Executives". It is written by Ellen Schultz, one of […]

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   I was drinking my morning Joe here and, lo and behold, there is breaking news on the website of The Wall Street Journal: Exxon Mobil Corp. sets quarterly profit record for U.S corporations at $14.83 billion. Revenue rose 35% to $137.7 billion.    A profit record. Meaning, biggest ever. Revenue rose because millions of […]

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