Working Life

   The answer is no, I’m not surprised. But, we must never lose the sense of outrage or simply shrug because "it’s just the way it is". Never. The absolute Audacity of Greed has to be challenged every moment.    In the Financial Times today: Jamie Dimon underlined Wall Street’s return to health after the […]

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   It is endlessly fascinating and grotesque at the same time (I have these combined feelings a lot these days–maybe I need professional help) to read media reports about the cuts that the UAW is agreeing to. Here’s another example in The New York Times from today: Ford Motor said Wednesday that its new agreement […]

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   This is news that is both somewhat expected and also worrisome, from The Wall Street Journal this morning: Outside advisers to the U.S. Treasury have started lining up the largest bankruptcy loan ever, talking with banks and other lenders about at least $40 billion in financing for General Motors Corp. and Chrysler LLC, in […]

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   Way back when the UAW negotiated with the Big Three in 2007, the union agreed to set up Voluntary Employee Beneficiary Associations (VEBA) to handle health care liabilities. It was a logical gamble pressed on the union by very difficult economic circumstances–which have only gotten tougher. And now the VEBA is at risk–or at […]

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   Not a happy day for auto workers–and, frankly, for workers everywhere. The UAW, as most of you know by now, has agreed to new concessions to try to save the auto companies. From The Wall Street Journal: Two weeks after insisting his union had already done enough to help the car makers, UAW President […]

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   Not a happy day for auto workers–and, frankly, for workers everywhere. The UAW, as most of you know by now, has agreed to new concessions to try to save the auto companies. From The Wall Street Journal: Two weeks after insisting his union had already done enough to help the car makers, UAW President […]

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   Today, I’m going to be talking about labor and the president-elect with WNYC’s Brian Lehrer, who, for non-New Yorkers, has one of the most interesting radio talk shows in the city. It’s at 11:25 am Eastern time. Those people fortunate enough to live in NYC (okay, let’s not start a war over that…) can […]

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   Even though I’ve suggested that auto workers should not pay for the mistakes made by the industry’s executives, the drumbeat has been pretty persistent that the workers will take another hit. And it picks up in today’s New York Times: While the union has not agreed to reopen contracts at General Motors, Ford and […]

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Memo to the traditional media: you want to see the auto industry go down? Fine. But, at least try to give the facts about what workers have undergone in the industry–an assignment that most of the traditional media could not live up in its coverage of yesterday’s hearings on the proposed bailout.   The facts […]

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    Yesterday, I posted a dairy about the right way to bailout the auto industry. I have no issue with those people who disagree with the basic premise that we should bailout the companies. But, in other places where I posted this and generally out there in the ether, there was a shocking level of […]

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