Sunday, August 7, 2011
45,000 workers on strike at Veriozon
http://www.cwa-union.org/news/entry/45000_workers_on_strike_at_verizon#.Tj7XKYJEMr5
Net profits of $6 billion, $258 million in exec compensation over the last 4 years, and Verizon doesn't want to compensate their workers fairly. Hmm...Capitalism at work.
Net profits of $6 billion, $258 million in exec compensation over the last 4 years, and Verizon doesn't want to compensate their workers fairly. Hmm...Capitalism at work.
Labels:
Bureaucratic State Capitalism,
Greed,
Strike Action,
Strikes,
Verizon
Friday, August 5, 2011
Financial markets plunge on fears of renewed recession
Financial markets plunge on fears of renewed recession
And the plunge continues as this is written: http://finance.yahoo.com
And the plunge continues as this is written: http://finance.yahoo.com
Thursday, August 4, 2011
Wednesday, August 3, 2011
Sharp fall in consumer spending, manufacturing in US
Sharp fall in consumer spending, manufacturing in US
No surprise here. The economy had no real rebound. Sure, the corporations increased their profits, but that was at the expense of the workers. With no real hiring going on, other than maybe McDonald's, there's no expansion of the economy (except maybe for luxury goods). Welcome to the continuing collapse.
No surprise here. The economy had no real rebound. Sure, the corporations increased their profits, but that was at the expense of the workers. With no real hiring going on, other than maybe McDonald's, there's no expansion of the economy (except maybe for luxury goods). Welcome to the continuing collapse.
Monday, August 1, 2011
The US debt ceiling deal
The US debt ceiling deal
Read their lips...no new taxes. The cuts are to be taken from you, while the profits will go to the super rich and the militarists. If you are a Democrat (and not what is wistfully called a DINO), your party is dead.
Read their lips...no new taxes. The cuts are to be taken from you, while the profits will go to the super rich and the militarists. If you are a Democrat (and not what is wistfully called a DINO), your party is dead.
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