In the Public Interest
Congress needs to show some backbone before the federal government pours more money on the financial bonfire started by the arsonists on Wall Street. 1. Congress should hold a series of hearings and invite broad public comment on any proposed bailout. Congress is supposed to be a co-equal branch of our federal government. It needs…
Read MoreThe Big Three are in big trouble, and they have themselves to thank for it. Ford and General Motors have reported substantial losses in the second quarter amounting to $15.5 billion, and $8.7 billion, respectively, while Chrysler, which was bought off last year by a private equity firm, Cerberus, refuses to reveal its financial standing.…
Read MoreWhen Members of Congress or the Administration or the corporate CEOs or the empirically starved right-wing ideologues start whining about regulation the right-wing echo chamber goes wild. When the absence of adequate regulation lets an industry wreak havoc, Congress and the Administration meekly admit a bit of regulation might have averted disaster. The corporate CEOs,…
Read MoreLabor Day just isn’t what it used to be. The parades are smaller, the unionized workforce is smaller, the share of the economic pie available for working people in the United States is smaller and the demands by organized labor on Congress and the presidential candidates are embarrassingly smaller than the times demand. Last year…
Read MoreThe “politics of avoidance” is receiving a great deal of media attention during this period of national political conventions. Unfortunately, the newspapers and television programs do not use the phrase: “the politics of avoidance.” Together with John McCain and Barack Obama, members of the press have become used to living the “politics of avoidance” every…
Read MoreThis week, The Wall Street Journal reported that Federal Deposit Insurance Corporation (FDIC) officials are pushing various agencies charged with regulating banks, such as the Treasury’s Office of Thrift Supervision to more aggressively give problem banks lower ratings than they may now be receiving from regulators. Regulators give banks a rank between 1 and 5.…
Read MoreOne of my favorite monthly publications is Registered Nurse — the journal of the fast growing, progressive California Nurses Association (CNA) — a union that stands up for patients rights and well-being. The June 2008 issue contains stories that illustrate how this nurses group takes stands. On June 19, the CNA sponsored street rallies for…
Read MoreTwo widening passenger service philosophies are contrasting themselves daily. One declares that it is necessary to charge airline travelers for just about everything but breathing and using the restrooms. Count nearly all the major airlines, including Jet Blue in this category. The other approach is championed by Southwest Airlines, which avoids the added charges, penalties…
Read MoreMontgomery, Alabama — The Troy University Rosa Parks Museum is located on the side of the old Empire Theatre where this courageous African-American woman declined to “move to the back of the bus” in 1955. A visit to the museum honoring her and other civil rights champions is a sobering reminder of just how courageous…
Read MoreCBS’s new reality show is called “Greatest American Dog,” with pet expert-zoologist Jarod Miller as the host. Twelve “dog-and-human teams are vying for the grand prize of $250,000. These teams are in intense training “by running, jumping, fetching and just looking adorable,” reports the Washington Post. The show’s executive producer, R.J. Cutler requires the teams…
Read More