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Greenspan’s Legacy: Lots of Debt and No Jobs Federal Reserve Chairman Alan Greenspan steps down today after 18 years and five terms as the most powerful man behind the U.S. economy. Pundits and politicians of all persuasions have entered a realm of “irrational exuberance,” ignoring record deficits and lost jobs to heap praise on Greenspan’s
Read moreJanuary 31, 2006 – Federal Reserve Chairman Alan Greenspan steps down today after 18 years and five terms as the most powerful man behind the U.S. economy. Pundits and politicians of all persuasions have entered a realm of “irrational exuberance,” ignoring record deficits and lost jobs to heap praise on Greenspan’s handling of the nation’s
Read moreFOR IMMEDIATE RELEASE Striking Machinists to Vote New Offer from Boeing Birmingham, AL, January 28, 2006 – Members of the International Association of Machinists and Aerospace Workers (IAM) on strike at Boeing space and defense facilities in Alabama, California and Florida will vote Wednesday, Feb. 1, on a revised contract offer from Boeing that has
Read moreJanuary 26, 2006 – The United DoD Workers Coalition, a coalition including the IAM and 35 labor unions representing 750,000 Defense Department workers, argued against the Pentagon’s National Security Personnel System before the U.S. District Court for the District of Columbia this week. The case was argued before Judge Emmet G. Sullivan, who will determine
Read moreJanuary 26, 2006 – The Bush administration is refusing to allow key officials to testify in the Senate investigation over the government’s response to the Hurricane Katrina disaster. Federal officials appearing before the Senate Homeland Security and Government Affairs Committee are claiming they were instructed by the White House not to answer questions about their
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