by Bill Scher | Oct 8, 2014 | Blog
Nine years ago, textile CEO David Perdue probably didn't think he'd ever run for office. Which would explain why in a deposition he bluntly answered a question on outsourcing by saying, "Yeah, I spent most of my career doing that." But after it was uncovered last...
by Richard Eskow | Oct 8, 2014 | Blog, Financial Reform
A lawsuit currently being tried in the U.S. Court of Federal Claims argues that AIG shouldn’t have been treated any more harshly than Goldman Sachs, Bank of America, or any of the other institutions the government rescued. There’s merit to that argument. It goes on to...
by Isaiah J. Poole | Oct 7, 2014 | Blog, Jobs and Growth
Last week's report that the unemployment rate had fallen below 6 percent for the first time since July 2008 sparked a wave of optimistic talk about the job market regaining its health. Today comes the reality check: The Bureau of Labor Statistics' monthly report on...
by Dave Johnson | Oct 7, 2014 | Blog, Jobs and Growth
Amazon has passed along the following response to Monday's post, "Amazon Wage Theft Case Comes Before The Supreme Court": I saw your story mentioning Amazon today. I wanted you to have our statement. We have a longstanding practice of not commenting on pending...
by Richard Eskow | Oct 7, 2014 | Blog
The kindest word one can apply to Attorney General Eric Holder’s record is “undistinguished.” Now that his time in office is drawing to a close, it’s clear that his failure to pursue criminal bankers will always overshadow his other accomplishments in public memory....
by Isaiah J. Poole | Oct 7, 2014 | Blog, Jobs and Growth, Minimum Wage
When restaurant workers around the country this year mounted strikes and demonstrations to push for higher wages, Saru Jayaraman and the organization she helped to create, Restaurant Opportunities Centers United, were at the front lines with them, highlighting their...
