New Orleans In the national publicity one-day strikes for higher wages of $15 per hour that waved their banners in hundreds of cities around the country, no one really believes that the $15 per hour figure is anything other than a rallying cry or in bargaining terms, a first proposal. Organizers, including with the Service …
Category: Financial Justice
JP Morgan Chase Whining is Hardly a Lesson Learned
New Orleans JP Morgan Chase finally agreed to pay a $13 billion fine to compensate for a small part of its mortgage mischief. Experts doing the math and calculating the formula for comparable settlements at 2% of the damage done and then estimating the potential level of bad mortgages sold, believe that Chase might have gotten …
Bring on the Trust Busters to Stop Comcast and Times-Warner Cable Monopoly!
New Orleans Simple fact: the Justice department cannot allow Comcast to buy Times-Warner cable operations. No way, no how! In fact given the level of untrammeled, anti-competitive monopoly already rampant in the cable industry, which is directly responsible for both widening the internet divide and slowing down internet speeds to globally uncompetitive and exorbitantly …