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Leo Panitch: Weakening of unions and global pressures on US wages a major factor (1 of 2)
Thursday January 24th, 2008
Leo Panitch is the Canada Research Chair in Comparative Political Economy and a Distinguished Research Professor of Political Science at York University in Toronto. Panitch is also the author of Global Capitalism and American Empire.
Channel: News & Politics Uploaded: January 24, 2008 at 10:17 am Author:TheRealNews
think about this usa is wanting war with iran for israel, yet israel has more than 200 nucular weapons ,and is in violation of at least 63 un regulations , the world banks are the ones who sponser war , are you paying for this war in advance ???rich mans war poor mans blood, why are bankers still getting pay rises ??wake up
unytcommsys(Saturday 22nd of November 2008 01:32:27 AM)
The Guardian errs a bit in that last sentence, of coure. Almost all of the "conditions" mentioned in connection with the bailout have no teeth whatsoever, no enforcement mechanism, no real penalities. They are more properly termed "suggestions," or rather, "PR exercises that we hope our Wall Street lords will deign to at least pretend to follow for a short time, until the heat is off."
Staff at six banks including Goldman Sachs and Citigroup are in line to pick up the payouts despite being the beneficiaries of a $700bn bail-out from the US government that has already prompted criticism. The government's cash has been poured in on the condition that excessive executive pay would be curbed.
Financial workers at Wall Streets top banks are to receive pay deals worth more than $70bn £40bn a substantial proportion of which is expected to be paid in discretionary bonuses for their work so far this year despite plunging the global financial system into its worst crisis since the 1929 stock market crash the Guardian has learned
pathoplastic(Sunday 19th of October 2008 01:47:35 AM)
search:
"businesspundit the subprime mortgage primer"
;)
instaman86(Wednesday 15th of October 2008 04:02:01 PM)
Hmm...maybe you shouldn't have elected a moron president.
!!!!!TWICE!!!!!
I say it's your own goddamn fault.
6 die in family murder-suicide in upscale LA home
— An unemployed man with an advanced finance degree who was despondent over his own financial problems shot and killed his wife, three children, mother-in-law and then himself in an upscale home in a gated community, police said Monday.
