FDL Book Salon Welcomes Lori Wallach, The Rise and Fall of Fast Track Trade Authority

By: Sunday June 9, 2013 1:59 pm

You think trade is complicated, technical, boring, so you tune out and don’t pay attention to the issue… And then BANG, you’re told they are moving the facility where you work out of the country and you are going to be laid off, but if you want your severance and the chance to collect unemployment you have to train your replacement. Not long after that, in other factories and offices everyone is told to accept wage and benefit cuts or they’ll move that facility out of the country, too.

Six months later you look around and your downtown locally-owned storefronts are getting boarded up one at a time because the private-equity-owned chains that circle the town carry all that cheap stuff from China and they buy at such a large scale that no small business can compete.

After a year you finally land a job! The job is you have to dress up like a duck and stand on a corner waving a sign.

These are the things that all of this arguing about trade is about. Welcome to the new America.

 

Hyper-Rich GE Holds Workers Hostage for Tax Cuts

By: Saturday November 20, 2010 9:00 am

General Electric didn’t pay US income taxes last year, but it wants Massachusetts taxpayers to pony up $25 million in tax credits or face loss of hundreds of jobs. Another victory for the Corporate Person at the expense of the human person.

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