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Showing videos filed under: profits
Laurie Penny, Joseph Dana, and the Federal Pay Freeze
November 30, 2010"These kids can do the maths, they know that young people, poor people are clearly not the priority of this government anymore. Something else is," says Laurie Penny of the latest round of student protests in the UK. The protests may be leaderless, she notes, but they're anything but random--students have focused their ire on corporations such as TopShop, run by tax evaders who then turn around and advise the government where to cut.The F Word: Why Tax When You Can Freeze?
November 30, 2010Corporate profits are up, especially in finance, and yet hiring and wages aren't. No matter how much productivity spikes, wages stay stagnant. They haven't budged. That means workers doing more work for less pay. So what's a Democratic administration to do?Marcy Wheeler, Douglas Rushkoff, and GM Stock for Sale
November 18, 2010"You can't just have homeowners pay for the mess that the banks have made; not just of our finance system, it's becoming clear that they've made a mess of our private property system in this country," says Marcy Wheeler, who's been blogging the House and Senate hearings on the foreclosure crisis at her FireDogLake blog, and joins us via Skype to discuss the situation.The F Word: Profits, Pensions, and the Return of GM
November 18, 2010Today marked the return of automaker GM to public trading on the stock market. All hail the American automakers, returning to profitability in a little over a year after bankruptcy proceedings and billions of government dollars in bailouts, right?BP's Cleaning Only Skims the Surface
August 3, 2010"Anything BP does and doesn't do is to preserve their profits and their future ability to operate in the United States, no more, no less." That's according to "Martha," a hazardous waste worker in the Gulf, who joins us via Skype anonymously to report on the conditions workers are facing cleaning up BP's mess.Inside BP Cleanup, Andrew Bacevich, and Valuing Teachers
August 3, 2010"Anything BP does and doesn't do is to preserve their profits and their future ability to operate in the United States, no more, no less." That's according to "Martha," a hazardous waste worker in the Gulf, who joins us via Skype anonymously to report on the conditions workers are facing cleaning up BP's mess.Dean Baker, the DREAM Act, and Newsweek
May 10, 2010The big economic news this morning was that 16 countries that use the euro and the International Monetary Fund have agreed to create a nearly $1 trillion rescue fund to support the euro and keep the problems in Greece from spreading. Here in the U.S., the Dow might be climbing, but people are still struggling to find employment and recovery, Dean Baker reminds us, is still a long way off. Meanwhile, the people who created the crisis are trying to use the deficits they caused to force cuts in social spending--here and around the world.The F Word: Newsweek and New Media
May 10, 2010It was in 1933 that Newsweek magazine got its start pitted against Henry Luce's Time --and its virulent anti-New Deal politics. This week Newsweek's owner, The Washington Post Company, put it on the block, its ink turned to red and its fiscal outlook poor.Bernie Sanders, BP Oil Spill, and Kathleen Chalfant
April 29, 2010Republicans might have dropped their filibuster and agreed to allow a debate on financial reform, but with the amount of money that Wall Street firms have sunk into both Republicans and Democrats, does it make a difference? And what kind of reform do we really need, anyway?The F Word: Catastrophes Every Day for Profit
April 29, 2010"It's premature to say this is catastrophic." The words of Gulf Coast Coast Guard Commander Mary Landry about the BP oil spill Tuesday were spoken as the families of eleven rig workers were still waiting for word of their loved ones, now presumed dead.
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