The No Surprise News: Workers Are Scared
Coming off of the news that Chrysler announcing will be closing a staggering number of dealerships today (789 across the nation, 40 in Michigan alone), and the fact that GM’s shares hit a Great Depression-esque low, it is hardly a surprise that America’s workers are scared shitless. Not only do they fear their job security, [...]
Chrysler the Sacrificial Lamb
Here in Michigan people are awaiting a fate much worse than Swine Flu or any other pandemic. Today was the day of destiny–will Chrysler pull out a last minute recovery as many of our sports teams have over the years, or will they fade into bankruptcy, putting the lives of so many in jeopardy. It [...]
Stimulus Rejection: Governor Perry Messes With Texans
Standing by your ideals is an honorable goal. And even though I don’t applaud everyone’s ideals, I do appreciate when people stand by them. There is an exception to this applause though and that comes when a person’s need to stand by his or her ideals causes others harm. And that’s exactly what Governor Perry [...]
Where the Women Aren’t: The Stimulus Plan Conference Committee
Women represent 51% of the population in America today. I’d venture to say that this particular 51% has been suffering just as much, if not more, than the other 49% from the economic downturn. Women already make about $.23 less than men on the dollar, so when pennies need to be pinched, it’s much harder [...]
Ending Golden Parachutes for Executive Failures
The Big Financial Bailout of 2008 was intended to produce one simple result: allow banks to rid themselves of bad debt that was clogging the system in order to encourage them to lend to regular citizens again. The idea was a good one, unfortunately the practical implications of infusing banks with cash have proven to [...]
What the GOP Deems Wasteful, Dems Might Deem Necessary
In the ever growing debate about economic stimulus, the devil is indeed in the details. Though both the Dems and the GOP agree that some action is necessary, neither party seems to be able to agree on what type of stimulus will truly do the job.
Yesterday, in an attempt to garner public support for its [...]
Obama Starts the Search for America’s Middle Class
It has long been argued by very smart people that the middle class isn’t just shrinking–it’s dying off in groves. If the middle class were a crop, the farmer would have shut down the operation by now.
In an attempt to not only make good on his campaign promises, but also to rehabilitate America’s failed economy, [...]
Family Planning is Necessary for True Stimulus
Right now on Capitol Hill, the House of Representatives is abuzz with talk of President Obama’s economic stimulus package. The package included a Medicaid provision that would allow states to expand Medicaid coverage for family planning services without first getting a federal exception.
The provision is now out of the draft of the bill being [...]
The Social and Constitutional Case for the Employee Free Choice Act
Today is being deemed Black Monday. In America, today alone, over 50,000 people have lost their jobs. This includes 7,000 jobs being cut from Home Depot, 8,000 jobs from Sprint and 2,000 jobs from General Motors. The biggest contributor to the total seems to be Caterpillar who announced that it will cut 20,000 jobs. Pfizer [...]
Monday’s Best of the Rest
Because I’m swamped at work and I’m also busy preparing some in-depth pieces for you, here is the best of the rest for Monday, January 12, 2009.
The Nation has an intriguing piece on whether labor can revive the American Dream.
The New York Times has a piece on how to get Detroit selling again.
BET reports that [...]
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