Shamus Cooke: The banking oligarchy is so intertwined with the political and economic establishment that real regulatory change cannot happen until the system itself is transformed from below, by a powerful social movement. Pleading to politicians to fix so-called Casino Capitalism is increasingly naive.
Robert Reich: John Boehner, the Republican House leader who will become Speaker if Democrats lose control of the House in the upcoming midterms, recently offered his solution to the current economic crisis: “Liquidate labor, liquidate stocks, liquidate the farmer, liquidate real estate. It will purge the rottenness out of the system. People will work harder, lead a more moral life.”
“The Party of No doesn’t want the union vote, the working family vote,” AFL-CIO President Rich Trumka said at the AFL-CIO-sponsored Battleground States Conference. “They want us all to stay at home out of frustration.”
Obama’s Nobel Speech Comes Up Short. Pardon me if I can’t join in the fawning praise for President Obama’s Nobel address. “It was, as ever, a bravura performance,” one newspaper said editorially. That it was, but I can’t agree with those. -Carl Bloice Labor Secretary Solis Slams Down Right-Wing Call for an Immigration Moratorium. Last [...]
Last week, the Politico featured a piece by right-wing pundit Pat Buchanan suggesting that rather than talking about a second stimulus package, tax credits, or public works projects, lawmakers should be seriously considering an immigration moratorium during these hard economic times. A few days later, former Rep. Virgil Goode (R-VA) authored an op-ed calling for [...]
What’s happening to the lives of the legions out of work – particularly the young men and women – has to take second place to the fortune of the President and his party. The human crisis would be real regardless of who is in the Oval Office and is what should move the President and the Congress to do the right thing.
When Barack Obama adopted “Yes We Can” as his campaign theme, he harkened back to the “Si Se Puede” rallying cry popularized by Cesar Chavez and the United Farmworkers of America (UFW). As we celebrate Cesar Chavez Day, the President should consider a more lasting action to honor the UFW leader’s legacy: revising the 1935 [...]
SEIU, UCFW, and other worker rights advocates are escalating their campaign against Republican efforts to obstruct the appointment of Congressmember Hilda Solis as the new Labor Secretary. Solis, who has been a hero to working people from her days as a California legislator through her tenure in Congress, is being opposed on the grounds that [...]