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Showing blog posts tagged with corporate greed

K-E Double L! O Double Greed

When the Kellogg Co. locked out some 220 workers from its Memphis, Tenn., plant in October, it was another step in Kellogg’s corporate battle plan to replace steady, middle-class, full-time jobs in the United States and elsewhere with casual part-time employees who would make significantly lower wages and substandard benefits.

Today the Bakery, Confectionery, Tobacco Workers and Grain Millers (BCTGM) union stepped up its campaign to shed light on Kellogg’s Greed.

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One Mother Did Something Illegal to Help Her Kids, and This Cop Was Totally, Unexpectedly Cool

To me, what happened to Jessica Robles is the true spirit of our country: When someone's down on their luck, we don't throw dirt on them...we give them a leg up and a bit of a helping hand. Such a better way to go, don't you think?

One Mother Did Something Illegal to Help Her Kids, and This Cop Was Totally, Unexpectedly Cool originally appeared on Upworthy's Workonomics channel.

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Did You Realize You Lost $7,000? Find Out Who Has It Now

Photo via WeeklyDig/Flickr.

Yesterday's U.S. Census Bureau figures gave us a shocking dose of reality: Your family lost $7,000 from 2000 to 2012. 

Blogger Richard (R.J.) Eskow from Campaign for America's Future pointed out that on average, most median income families lost even more than that: $7,490. 

He writes, "That’s $624 per month. $144 per week. $20 per day."

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AFL-CIO Convention Delegates Condemn Mass Incarceration of People of Color

Today, the AFL-CIO came out strongly in favor of reforms to the U.S. prison system that would have significant benefits to communities, people of color, correctional employees and inmates who are trying to reform their lives and rejoin society. In particular, the federation criticized the privatized prison industry that, in the name of bigger corporate profits, mistreats workers, creates inhumane conditions for prisoners and incentivizes the incarceration of more and more of America's citizens in order to make the wealthiest Americans more profits.

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Trumka Says Wall St. Has Not Been Asked to Contribute a Dime in the Name of 'Shared Sacrifice,' Revenue Neutral Tax Reform Is 'Offensive'

Photo by Kevin Dooley/Flickr

AFL-CIO President Richard Trumka called on corporate America today to pay its fair share, saying, "At a time when the 1% have demanded so much sacrifice from working people in the name of deficit reduction, we must ask something of big corporations. That means “revenue positive” corporate tax reform that raises significant amounts of new tax revenue."

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We Decide How to Share Gains

Last summer, a respected policy expert from the Brookings Institution spoke at a large meeting. He introduced himself, saying that he works with a lot of brilliant economists who can't understand why the recovery is so slow.

Nobel laureate economist Paul Krugman has an explanation,"...corporations use their growing monopoly power to raise prices without passing the gains on to their employees."

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Babbitt and the Race to the Bottom

Babbitt and the Race to the Bottom

In just about any small town that has lost a big factory, you'll hear it was the union's fault. I live in Mayfield, Ky., population about 10,000. A big Continental General Tire plant was our factory. It’s been gone for a half-dozen years.

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BizVizz: New Free iPhone App Makes Tracking Corporate Taxes and Government Subsidies Easy

BizVizz: New Free iPhone App Makes Corporate Taxes and Campaign Donations Easy to Track

If you have an iPhone, make sure you take a minute to download the new free app, BizVizz. BizVizz people track taxes, government subsidies and political campaign donations of major corporations. Once you download the app, simply enter a company’s name or snap a picture of its logo and then the company information pops up. Future developments include creating an Android version of the app and expanding the catalog of corporate information. 

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Report: Economic War Among the States Costs Billions

States are engaged in economic warfare on each other and it's costing taxpayers billions of dollars. That's the message of a new report from Good Jobs First titled The Job-Creation Shell Game.

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Hostess Workers Set the Record Straight

Mike Hummell says the men and women who made the iconic baked goods at Hostess Brands’ Lenexa, Kan., plant turned out quality products and “it was something everyone who worked there had a lot of pride in.”

That was until years of mismanagement coupled with unprecedented corporate greed bankrupted the company, stole the workers’ pensions and closed dozens of bakery plants’ doors in November. In this video, Hummell, a 14-year veteran of Hostess, and other members of Bakery, Confectionery, Tobacco Workers and Grain Millers (BCTGM) Local 218, say they want to set the record straight.    

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