by Leo Gerard | Aug 13, 2013 | Blog
Last month, McDonald’s gave its workers a little gift – a budget purporting to show how to survive on the starvation wages the burger behemoth pays. The bizarre financial plan made millionaire McDonald’s CEO Don Thompson look like a real clown. Wearing oversized...
by Leo Gerard | Aug 6, 2013 | Uncategorized
Saturday began Congress’ traditional five-week, late-summer sojourn during which members engage in the customary sipping of mint juleps, kissing of fat cat donors and, oh yeah, jawing with select constituents. Since this Congress is on track to be the least productive...
by Leo Gerard | Jul 30, 2013 | The Jobs Challenge
The cliché is alluring: A rising tide lifts all boats. Former Republican presidents Ronald Reagan and George W. Bush promised it would be true as they cut taxes on the rich. If the rich got richer, Reagan and Bush contended, some of their extra cash would trickle down...
by Leo Gerard | Jul 23, 2013 | Uncategorized
Wall Street held itself a big fat profit party last week. The nation’s six largest banks reported $23 billion in profits. That’s for one quarter – three months. Pop the Champagne. Buy another Lamborghini. Well, if you’re a Wall Street banker, that is. Not if you’re a...
by Leo Gerard | Jul 9, 2013 | Uncategorized
The conduct of the New York State Metropolitan Transit Authority (MTA) in rehabilitating the Verrazano-Narrows Bridge can only be described as anti-American. The MTA plans to send $235.7 million of Americans’ hard-earned toll dollars to China for foreign steel and...
