Tanya Acker: Why did 84 percent of Angelenos who had the potential to change something decide, for one reason or another, that doing so wasn’t worth their time.
Robert Reich: We’ll avoid a double-dip, but the most likely scenario in coming months is a continuation of the same – an anemic jobs recovery.
John Peeler: The Republican attack on Obama over gas prices at the pump is quite a strange line of attack from people who are incessantly demanding a return to untrammeled free markets. Do they really want Obama to impose price controls?
Joseph Palermo: The Republicans think they believe that with enough SuperPAC money and stoking up the base, along with relatively high unemployment and gas prices and millions of underwater mortgage holders, they can win a close election.
Robert Reich: This gusher is an embarrassment for an industry seeking to keep its $4 billion annual tax subsidy from the U.S. government, at a time when we’re cutting social programs to reduce the budget deficit.
Lee Fang: Koch along with Enron pioneered a number of complex financial products to leverage its privileged position in the energy industry.
by Robert Reich — First prediction for 2009: A widening gap between the public’s view of the bailouts of Wall Street and Detroit, and the views of the direct beneficiaries. The public believes the bailouts will permanently change these industries, but industry insiders don’t really want to change.
by Robert Reich — Telling automakers to make more fuel-efficient cars as a condition of being bailed out is like telling Citigroup or any other big bank to issue more affordable loans to Main Street as a condition of being bailed out. It won’t happen.
“When we elect Barack, knock on wood, we will have someone who responds to labor, to people’s needs, the plight of immigrants, but he can’t win change alone it will take a larger movement,” said Maria Elena Durazo, leader of the 840,000-member Los Angeles County Federation of Labor. One of the most successful and dynamic […]