“Our research shows just how far railroad executives will go to funnel record profits to their shareholders—even if that means stagnant wages, inhumane attendance policies, and throwing our supply chain into further turmoil,” said one Groundwork Collaborative analyst.
While Fighting Workers, Railroads Made Over $10 Billion in Stock Buybacks
H/T: Unorthodox Truth
A national rail strike could still be on the table if rank-and-file workers reject the tentative agreement announced by the White House this week.
“It’s Not Over”: While Biden Touts Rail Deal, Workers Have Yet to Vote—And Many Remain Skeptical
Related:
Democratic House Speaker Pelosi to rail workers: Accept a pro-company deal or we’ll force you to
“It staggers the imagination that in September 2022 the workers who keep the trains running did not have even one sick day to care for themselves.”
Railway Workers Fight Shows Need for Paid Sick and Family Leave, Says Economist
Related:
Live updates: Railroad workers livid over deal brokered by Biden and unions to prevent strike
The CEO and president of Douglas Emmett Inc., a real estate corporation worth over $3 billion and based in Santa Monica, California, said on an August 2 corporate earnings call that a recession could be “good” for the commercial real estate business “if it comes with a level of unemployment that puts employers back in the driver seat and allows them to get all their employees back into the office.” The executive, Jordan Kaplan, then repeated that “the thought would be that unemployment would be up. And therefore, employers would be in the driver seat to bring people back in the office, which is where they want them.”
Real Estate CEO: Recession Could Be “Good” if “Unemployment … Puts Employers Back in the Driver Seat”
Related:
Forward Party: What do you need to know about the new third political party created by Andrew Yang?
Rather than something new, the party is attempting to reach a previous Republican electorate that existed before Donald Trump took control of the party.
Opinion: Most third parties have failed. Here’s why ours won’t.
The People’s Party has their own problems, as well.
June 19 marks the 40th anniversary of the death of Chinese-American draftsman Vincent Chin, who was beaten to death in Detroit by Chrysler plant superintendent Ronald Ebens and his unemployed stepson Michael Nitz. The murder took place amid a wave of anti-Japanese hysteria fanned by the United Auto Workers and Democratic Party politicians.
Forty-year anniversary of Vincent Chin killing marked amid surge of anti-Asian violence
Ms. Cat’s Chronicles 
You must be logged in to post a comment.