Dan Bluemel: Upset with Wells Fargo’s foreclosure practices, protesters held a demonstration on May Day that briefly shut down one of the bank’s branches in downtown Los Angeles.
Michael Sigman: Joe Donnelly and Laurie Ochoa — the deputy editor and editor, respectively, of LA Weekly until both were forced out by corporate overlords from Phoenix in recent years — have joined forces to produce the debut issue of the quarterly Slake Los Angeles. It’s a gorgeous, 232-page quarterly mix of journalism, fiction, poetry, photography and art.
Michael Sigman: Marxist socialism may be dead, but perhaps what Marx called capital’s internal contradictions, illustrated beautifully by the desperation of Goldman and other mega-corporations for short-term profits may, by strengthening the case for fundamental financial reform, bring us closer to a more livable world.
Michael Sigman: The decimation of the media industry, and particularly the newspaper business, has meant the elimination of health insurance benefits not only for the tens of thousands thrown out of work but also for the many writers, designers and others now forced to freelance. Media companies have to make cuts to stay in business, and some outsourcing is inevitable. But rewarding execs with big bonuses for, in effect, taking away workers’ health insurance is unconscionable.