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...This is window dressing," says Brandon Rees, who is a deputy director in the office of investment at union AFL-CIO. "Unless they are required to give up 50% of their bonuses this is a meaningless exercise." (See the best business books...
...other fellows will be Michèle Pierre-Louis, the former Prime Minister of Haiti, and John J. Sweeney, the President Emeritus of the AFL...
...payroll tax holiday. The U.S. Chamber of Commerce is asking for a reduction of the capital-gains tax, renewal of popular research and development and other soon-to-expire business tax breaks and a permanent elimination of the estate tax, among a long wish list of tax provisions. The AFL-CIO, the nation's largest umbrella union, would like to see aid to struggling states to help avoid layoffs of teachers, police and public employees and upwards of $500 billion more in targeted infrastructure and green-jobs investment. It proposes paying for this by instituting a stock transaction surcharge...
...government's financial rescue efforts, faced a raft of questions about the effectiveness and the use of those funds. Elizabeth Warren, a Harvard professor and chairperson of the panel, said the average American has seen little or no benefit from the TARP spending. Damon Silvers, associate counsel for the AFL-CIO union, questioned whether TARP had really restored some of its biggest recipients, namely Bank of America, Citigroup and Wells Fargo, to health...
Other health-care-reform backers are organizing ground action. The Montana AFL-CIO is trying to rally union members to show up with identifying badges and clothing. Montanans for Single Payer - the same group that harassed Montana's Democratic Senator Max Baucus for his alleged timidity and compromising on the issue as chair of the Senate Finance Committee - sent out a message on Aug. 12 saying: "We need your help! ... If you have read or watched the news lately, you know that large numbers of disruptive, threatening mobs of anti-reform protesters have been showing up outside these events using...