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By H.L. Mencken
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AP photo / Ron Edmonds
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On Thursday, President Barack Obama signed his first bill into law—the Lilly Ledbetter Fair Pay Act—with the lofty aim of ensuring equal pay for equal work and eradicating workplace discrimination. The bill’s namesake, a former Goodyear employee, was on hand, as was first lady Michelle Obama, who at a reception after the signing ceremony called Ledbetter “one of my favorite people.”
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AP photo / Susan Walsh
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President Barack Obama visited Capitol Hill on Tuesday to angle for support for his proposed stimulus plan ... from Republicans. Though he wasn’t likely to win them all over, Obama huddled with members of the House and Senate. He emerged in one piece and “optimistic” after the exchanges.
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Barack Obama is coming out of the gate with quite the to-do list, not the least part being his new economic recovery plan, which carries quite the price tag at about $1 trillion. What is he thinking? Here, Obama gives some details in his weekly online address.
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What’s it going to take to jump-start the economy? How does almost a trillion dollars sound? That’s the amount that President Barack Obama is considering for his American Recovery and Reinvestment Plan, which he introduced to the public in his weekly address on Saturday.
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In this series of weekly addresses posted on Change.gov before news of the Bill Richardson scandal broke, the president-elect makes an appeal for an economic recovery strategy that would ideally prevent further job losses and spark a turnaround in Americans’ prospects as soon as possible.
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connectedmichigan.com
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With American jobs being steadily peeled away, hundreds of thousands of people are being forced to seek unemployment benefits for the first time. The number of first-time claims rose 5.4 percent last week, to their highest level in more than a quarter-century.
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New York Times / Stephen Crowley
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Agreement has been reached between the White House and congressional Democrats to offer the U.S. auto industry a $14 billion emergency package aimed at keeping the Big Three going until spring. Also, in the grand tradition of state socialism, the deal includes a new auto “czar” to oversee the restructuring of Detroit.
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Flickr / Ian Muttoo
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Japanese technology giant Sony Corp. announced Tuesday that it is planning to slash 8,000 jobs—or about 4 percent of its global work force— in response to the deepening international economic crisis.
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U.S. Department of Labor
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The news continues to get worse after the government finally put the “official” stamp on the current recession. The Labor Department has announced that 533,000 jobs were lost in November, the biggest monthly cut in 34 years—with analysts fearing that the 11-month trend of increasing job losses will deepen even further.
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Some African-Americans in Alaska have questions, which they pose to journalist Max Blumenthal in this clip from his series of video shorts on Alaska’s governor, about Sarah Palin’s administration with regard to its hiring practices and activities (or lack thereof) involving Alaska’s black community.
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flickr.com
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A government report released Friday signals worsening economic tides as the U.S. tries to navigate through its highest level of unemployment in four years. The seven-month-long trend of net job losses is likely to persist, with few signs of a turnaround on the horizon.
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cnbc.com
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Wal-Mart may be fined by a Minnesota judge for violating the state’s employment laws. The fines are for ‘‘contractual violations,” a fancy way of saying that Wal-Mart denied rest breaks to workers at least 1.5 million times.
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AP photo / Mel Evans, File
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During the final stages of Hillary Clinton’s campaign, a common refrain emerged among some of her more ardent supporters: If Barack Obama wins the nomination, we’re backing John McCain. Now that the dust has settled somewhat after Clinton’s concession, Obama is working to clarify the differences between his positions and McCain’s when it comes to issues that impact the lives of female voters.
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In what could be tantamount to dropping a neutron bomb on xenophobes like Lou Dobbs, a study by the Pew Hispanic Center found that high levels of immigration in the past 15 years do not appear to have hurt employment opportunities for American workers. But some economists question the study’s technique.
Check out Truthdig’s Marc Cooper on the myths of America’s immigration debate.
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Weak employment gains in May (only 75,000 net new jobs) may be a sign of a faltering economy. According to NYT: “Anything below about 150,000 net new jobs a month is regarded as too slow to keep up with population growth, so in effect, workers are losing ground.” (story | job report)
Posted on Jun 2, 2006
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Zuade Kaufman
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By Gore Vidal — The celebrated man of letters charts the course of American post-WWII hegemony in this concise original essay written as a foreword to Robert Scheer’s new book “Playing President.”
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Pretenders to the White House are all staking out positions on what they expect to be a hot topic come next election.
Check out Truthdig’s Marc Cooper for the skinny on the underlying issue.
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The Bush administration boasts addition of jobs in an effort to extend and expand tax cuts. However, Bush’s policies played only a small role. more
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Guantanamo Prisoner’s Case Demonstrates Unfairness of Military Commissions
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