Tag Archive | "Bankruptcy"

Episode 96: Toys R Us Workers Aren’t Playing Around; The Secret To Organizing A Union

When Toys R Us went belly up, 33,000 workers were cast into the streets with no severance because the bankruptcy laws favor corporate thieves and raiders. But, those workers are fighting back. I talk to two key leaders in the campaign to change the laws and get a bit of justice, not just for Toys […]

Read the full story

Posted in Audio, Economy, Labor, PodcastComments (0)

Coal Miners Recoup?

Some of the worst bastards in the free market are coal company operators. I remember, back in the 1980s, the support lots of us gave to the strikers at the Pittston Coal Company and the guys running that operations were scum, too. So, here’s a little news from the mines.

Read the full story

Posted in General InterestComments (0)

White House to Detroit: Drop Dead II — But Republican Rides to Rescue?

Really? The White House is saying to Detroit basically “take a hike” when it comes to a bailout — but, don’t worry, pension holders in Detroit, you have a defender…the Republican Michigan attorney general. This is bizarre and troubling.

Read the full story

Posted in General InterestComments (1)

Detroit

Detroit. The filing for bankruptcy is a sad, but, in a way, predictable event — if one is willing to see what this really means. It’s a deep metaphor for the failure of the so-called “free market”.

Read the full story

Posted in General InterestComments (5)

Whose Recovery?

   It is going to take the concerted effort of a lot of voices to overcome the noise being generated by the people who would like us to think that economic salvation is at hand. So, we need to keep pointing out some harsh realities facing real people. For example: The number of Americans filing […]

Read the full story

Posted in General InterestComments (0)

World Consumer Debt Crisis–Another Reason To Be Very Afraid

   It is an article of faith that American consumers are way over leveraged, particularly when it comes to credit card debt. But, a pretty scary article in the Financial Times the other day makes it clear that this is a worldwide phenomena that is likely to prolong the economic crisis we are in. I […]

Read the full story

Posted in General InterestComments (0)

GM,Health Care, Trade–It’s All Related

   As I noted yesterday in connection with the bankruptcy of General Motors, I am in favor of spending money on trying to save peoples’ jobs–we are talking about the survival of communities and the lives of thousands of people. But, having now spent the morning reading various media reports about the GM bankruptcy, it’s […]

Read the full story

Posted in General InterestComments (0)

Why Spending Money On People Is Good

   I suppose some of us may be on the wrong side of this or perhaps weird…or maybe un-American…because we think that, hey, it isn’t a bad thing to spend taxpayer money on saving jobs and communities. If you gave me the choice, I’d be pretty damn proud to know that my money is going […]

Read the full story

Posted in General InterestComments (0)

GM Bankruptcy: Failed Economic System

   It is curious, if not maddening, to observe the unwillingness of our economic and political leaders to admit that the bankruptcy of General Motors is a verdict on a much broader failure of the economic vision of the country. Sure, the incompetence of GM management, over a long period of time, is stunning. But, […]

Read the full story

Posted in General InterestComments (0)

UAW-GM Bankruptcy Deal

   My obvious failure to post in the morning was not due to laziness or sleeping late (oh, that would be nice). Rather, it was a hectic morning but, here I am, back at my post and…I will be on Larry Kudlow’s show tonight (7 Eastern time) to talk about the bankruptcy deal reached between […]

Read the full story

Posted in General InterestComments (0)

Podcast Available on iTunes

Archives

Archives

Archives