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Fail and Grow Rich on Wall Street

Robert Scheer / Truthdig Nov 24, 2010 Welcome to the brave new world of post-bailout capitalism. The Commerce Department announced Tuesday that corporate profits are at their highest level in U.S. history, and the Fed released minutes of an early November meeting in which officials predicted a stagnant economy and continued high unemployment. Welcome to the brave new world of post-bailout capitalism. Dig deeper ( 4 Min. Read )

Missing ‘Big Labor’

E.J. Dionne Jr. / Truthdig Sep 6, 2010 Remembering the labor movement's heroic battles is bittersweet on a Labor Day when so many Americans are unemployed, when wages are stagnant or dropping, and when the labor movement itself is in stark decline. Dig deeper ( 3 Min. Read )

Chrysler Heads for the Chop Shop

Staff / Truthdig Apr 24, 2009 The Treasury Department has cut a deal with the United Auto Workers to send Chrysler into bankruptcy while protecting retiree benefits, The New York Times reports. Fiat would be in a more favorable position to take a cut of the company once it's in bankruptcy. Chrysler's equity stakeholders are shaping up as the big losers in all of this. Dig deeper ( 1 Min. Read )

Blue-Collar Challenge for Democrats

E.J. Dionne Jr. / Truthdig Sep 28, 2007 The GM-UAW labor contract could prove to be a victory of innovative thinking in the private sector. Now politicians should be clear on how they would attack the deepening problems that confront working people. Dig deeper ( 3 Min. Read )