Posted on 24 June 2020. Tags: AFGE, CEPR, COVID-19, Deficits, Eileen Appelbaum, Jacque Simon, Private Equity, public employees, State Workers
Private equity vultures love a great economic crisis. Circling above their wounded corporate prey, they wait until a company is too weak to survive, and, then, swoop in to pick up the pieces at a bargain price—which usually involves cutting thousands of jobs, too. And, now, a new rule will allow private equity firms to […]
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Posted in Audio, Economy, Labor, Podcast, Workers
Posted on 18 March 2020. Tags: Chris Van Hollen, Corona Virus, Eileen Appelbaum, Pensions
Last week I asked everyone to consider the coronavirus pandemic as a pretty clarifying picture of class warfare—who are the people who get hurt most when millions of jobs go away or at best are in limbo because of a nationwide shutdown? It’s working people, minimum wage workers, service workers—almost none of whom have enough […]
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Posted in Audio, Economy, Podcast, Politics, Workers
Posted on 30 October 2019. Tags: AT&T, Beth Allen, cwa, Eileen Appelbaum, Paul Singer, Private Equity, Shaniyat Chowdhury
The Gordon Gekko boast in the fictional movie “Wall Street” that “Greed is Good” is really an organizing principle for the financial vultures who rob the country day after day. Today, you will hear two tales of greed and robbery by hedge fund and private equity vultures. First, it’s Paul Singer, the CEO of a […]
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Posted in Audio, Economy, Labor, Podcast, Politics
Posted on 09 October 2019. Tags: Eileen Appelbaum, Illinois, Private Equity, Rachel Ventura, Surprise Billing
I would never have said it before today but it turns out health insurance companies aren’t the most evil players in the healthcare industry. Don’t freak out—health insurance companies are bad, and they are bankrupting millions of people, and the country. But it turns out even worse than the health insurers are some big mega […]
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Posted in Audio, Economy, Podcast, Politics
Posted on 23 July 2019. Tags: Caterers, Eileen Appelbaum, Elizabeth Warren, Judy Conti, Minimum Wage, Private Equity, Unite-Here, Wages, Wall Street
I like the ring of The Stop Wall Street Looting Act, don’t you? True, it’s part of the business model of the joint, especially the private equity pirates. The Act is, in fact, aimed squarely at the private equity industry, who have stripped and destroyed hundreds of companies. I’ll talk about the Act with the […]
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Posted in Audio, Economy, Labor, Podcast, Workers
Posted on 16 January 2019. Tags: Bernie Sanders, Eileen Appelbaum, Severance Pay, Teachers, UTLA
A lot of people are wondering: should Bernie Sanders run? Is Bernie going to run? In today’s episode, I consider the notion that Bernie would become the most powerful politician in the country, and it could be better for the progressive movement, if maybe he sidestepped running for president. Whoa! Then, I check in with […]
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Posted in Audio, Economy, Labor, Podcast, Politics
Posted on 31 October 2018. Tags: 2018Elections, Celinda Lake, Democrats, Eileen Appelbaum, Grocery Chains, Jack Dorsey, Private Equity
I know no more than the next person about what the mid-term election results will be. But, what I can do is bring you, exclusively, the thinking in this episode of Celinda Lake, one of the nation’s leading Democratic and issues pollsters, who tells us what is driving voters right now just days before the […]
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Posted in Audio, Economy, Labor, Podcast, Politics