Labor Across Prime Time TV
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Prime time last night was well worth watching. The NewsHour on PBS profiled AFL-CIO President Richard Trumka, and MSNBC’s Keith Olbermann hosted California Nurses Association/National Nurses Organizing Committee (CNA/NNOC) Executive Director Rose Ann DeMoro.
NewsHour showcased Trumka’s start as a coal miner in Pennsylvania and his graduation from Villanova Law School, his rise to president of the Mine Workers and his key role in the tough battle against Pittston Coal Co. The segment included clips from those early days, through to his emotional acceptance speech at our convention in September, when he was elected AFL-CIO president.
As NewsHour pointed out, Trumka made his name “as a bulldog against corporate overreach” while he was AFL-CIO secretary-treasurer.
Tribune CEOs seek $70 Million in Bonuses as Company Sinks
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It’s not like we needed one more example of greedy corporate executives at a bankrupt company making a grab for big bonuses while axing hundreds of employees and freezing wages for many others.
But that’s what Tribune Co. executives are doing as the multimedia conglomerate sinks under the weight of $13 billion in debt incurred by its corporate leaders in 2007. And they want to keep the bonuses a big secret.
The company filed for Chapter 11 protection last December and, in its most recent action, is seeking court permission to dole out nearly $70 million in executive bonuses. The company also requested the court seal much of the request. The request was denied.
The Newspaper Guild-CWA and the Teamsters, which represent employees at the Tribune-owned Baltimore Sun and WPIX-TV in New York, has asked the U.S. Bankruptcy Court in Delaware to block the company’s plan to pay up to $69.9 million in executive bonus this year, including $20.6 million to the 10 top managers (about $2 million each). Some 700 other managers would share in the bonus booty.
Economic Blackmail
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Corporate opponents of workers’ freedom to form unions repeatedly have shown they are not interested in the welfare of their employees or any of the pseudo-lofty ideals they cite while fighting the Employee Free Choice Act.
Now, they’ve made clear they will do anything—even destroy jobs, communities and harm the U.S. economy—to ensure that more American workers do not have a voice on the job. (And this just in—they’re now using Joe the Plumber as an anti-Employee Free Choice Act spokes-idiot. That guy can’t seem to keep a job.)
Corporate Greed Behind Opposition to Employee Free Choice
Pundits, journalists and even economists have strained to find the reasons for our nation’s economic meltdown, stumbling over tortured concepts like “structured investment vehicles” and “collateralized debt.”
The underlying problem is much simpler. In fact, it can be described in six words: The corporate search for cheap labor.
While some people may have overextended themselves by taking out loans on their homes or piling up credit card debt for non-essentials, millions of Americans had no choice but to survive through debt. They needed to pay for health care, college tuition and car repairs. Why? Because even working two or three jobs, they aren’t paid sufficiently to support their families. Harvard law professor Elizabeth Warren repeatedly has discussed how the majority of personal bankruptcies happen after a medical crisis or job loss, rather than because of too many 124-inch flat screen TV sets.
