"Words that make actions speak louder."
Bob Herbert in the NY Times today, If a bank is too big to fail, it’s way too big to exist. If an oil well is too far beneath the sea to be plugged when something goes wrong, it’s too deep to be drilled in the first place. When are we going to stop behaving […]
Congress is a big FAIL on jobs and unemployment. The Senate is heading home instead of helping the unemployed, the House is FAILing on jobs unemployment and COBRA subsidies. Congress says they are worried about the deficit, but the deficit was The Plan. It is right in front of your faces: Step 1: Cut taxes […]
Richard (RJ) Eskow wrote a couple of days ago, in Traded-In: These “Used” Senators Sold Out The Troops For Auto Dealer Cash You know why Americans place car salespeople at the very bottom of the list when asked to rate professions for honesty and ethics? Probably because they’ve bought a car. And they don’t know […]
Astroturf is the term for manufacturing an artificial appearance of grassroots concern about an issue. The idea is to pump a bunch of money into a PR campaign that makes it look like there is public support for something, to either make politicians think the public actually supports something, or to provide “cover” for politicians […]
Some say that “government can’t create jobs.” Others respond “unemployed people can’t create votes.” Meanwhile, conservatives, whose policies put so many people out of work, now say unemployed people are lazy and should not be collecting unemployment benefits. Washington, DC is the center of a strange Information Deficit Disorder. The restaurants in DC are humming, […]
The US-China Strategic and Economic Dialogue has concluded. It is remarkable for two countries to engage in a dialog such as this, and efforts like this to constructively manage differences can both help keep conflict from arising and help both countries achieve economic success. Bravo! But China has its interests and we have ours, and […]
Today I was able to conduct a short webcam interview with Scott Paul, Executive Director of the Alliance for American Manufacturing. The occasion is this week’s Us-China Strategic and Economic Dialog taking place in Beijing. This dialog is a series of meetings between top-level officials of both governments on a number of issues. Secretaries Geithner […]
Are you still unemployed? Obviously it is because you are lazy. At least, many members of Congress think so, anyway. And besides, cutting the deficit — caused by tax cuts for the rich and massive military spending increases — is much more important than paychecks for Americans. The solution to the deficit — caused by […]
On the one side there are millions of people needing jobs and millions more “underemployed,” the economy is still mired in a very, very slow recovery that is a recovery only in the technical sense, an increasing wave of foreclosures that has reached into the “prime” loans and 1 out of every 7 mortgages has […]
In March I wrote about the closing of the Toyota NUMMI plant in Fremont, California.. Today there is good news! The Green Manufacturing Revolution comes to the rescue, and Toyota is teaming up with electric car maker Tesla to reopen the plant and make all-electric sedans. In a stunning deal, Tesla Motors announced late Thursday […]