Working Life

   There is a whole lot of whining coming from the corporate sector about the great "burden" entailed in the health care bill just passed. Citizens for Tax Justice digs into the topic: A new analysis from CTJ shows that many of the companies protesting a tax-loophole-closing reform enacted in the new health care reform […]

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I have written recently that the debate over CEO pay obscured the true source of executive over-the-top compensation: the astronomical levels of money hidden in the pensions of CEOs and top executives. Today, we have more confirmation about the draining of corporate money into the hands of CEOS via their retirement parting gifts.   The […]

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   A battle that is a typical story of corporate greed: Stella D’oro closed its Bronx bakery a day ahead of schedule Thursday, officially putting its 136 unionized employees out of work. The plant’s general manager Dan Meyers summoned the workers for a 3 p.m. meeting as the first shift was ending, informed them that […]

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   Yesterday, I asked the question about whether members of the House progressive caucus might vote "no" on a health care bill that emerges from the insurance industry-driven rollback on the promise of a public option. That is becoming more real today after concessions to the "Blue Dogs" in the House further weakened the public […]

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  Even though single-payer, "Medicare for All" is the most effective economic solution to the health care crisis (I’m putting aside the moral question for the sake of this discussion), our political leaders (with the exception of HR676 advocates) and traditional media chattering ideologues do their best to ignore the basic facts. Which is why […]

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I have argued that the current crisis we are in now is the product of at least three decades of a bankrupt economic system. Now, looking forward, the same system has set the stages, according to a report just out, for a massive worldwide crisis in retirement security that will last decades. The reason we […]

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I just finished reading the Congressional Budget Office’s report to Sen. Ted Kennedy which looked at the Affordable Health Choices Act. And the report makes clear why single-payer is the only logical economic choice for health care.   Respectfully, none of the best Democratic bills are going to solve the coverage crisis nor the economic […]

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   To start off, I don’t mind paying taxes. Taxes are my dues to live in a country where we get clean water, decent roads, communications systems, you name it. The fact that many of the things we enjoy aren’t always working right has more to do with people evading taxes and, more important, a […]

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   I meant to write about this yesterday mainly because I knew most of the readers of this blog would want to know that their stock options they get at the companies they work for are worth a bit more or at least have the potential to earn a lot more money despite the crash […]

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   Look, I think it’s outrageous that these AIG guys are raking in huge bonuses. But, I thought that a year ago and ten years ago–as I’m sure a lot of you did. So, I’m a bit less impressed by the outrage expressed from the White House all the way down the food chain.    […]

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