CEOs for two of the world’s largest companies can’t agree on when the economy will start improving. Bank of America’s Chief Exec, Ken Lewis spoke at Town Hall Los Angeles on Wednesday and told those in attendance that he expects the economy to begin to recover in the middle of 2009. He used the argument to justify his company’s purchase of failing mortgage lender Countrywide. Meanwhile, News Corp. CEO Rupert Murdoch told Reuters Thursday he doesn’t expect a turnaround in 2009 and that the country should expect more “bad shocks.”
On Tuesday the American Federation of Radio and Television Artists accepted a contract proposal from the Alliance of Motion Picture and Television Producers. Jesse Russell reports.
AFTRA is the second largest union representing actors behind the Screen Actor’s Guild. Under the new agreement establishes the ground work for residual payments based on new media; including Internet and cell phone technology. SAG opposes the deal with AFTRA, saying the new media language does not go far enough. The Guild had encouraged AFTRA members to vote down the contract. Screen Actors Guild President Alan Rosenberg said the contract will determine survival of acting as a profession:
By Doug Cunningham
AFL-CIO President John Sweeney says the new Union Veterans Council will give a voice to veterans who want real change – both in veteran’s issues and on the economy.
[Sweeney]: “With the formation of the AFL-CIO Union Veterans Council, veterans will be front and center in the effort to put our country back on track.”
Jim Wasser is a veteran and IBEW member featured in a new AFL-CIO political TV ad campaign.
[Wasser]:”I’m worried about four more years of continuation of a bad economy. That’s what I’m doing what I’m doin’. I want people to know about McCain’s agenda and to call on all vets and working people to let McCain know that his agenda is wrong on pocketbook issues. “
Kentucky Working America members and Bluegrass State union activists today told Sen. Mitch McConnell (R-Ky.) that the nation’s broken health care system needs serious and comprehensive reform—not a “Bandage Solution.”
At a rally and news conference outside McConnell’s office in Louisville, the activists delivered a long roll of “No Bandage Solution” petitions strung together by colorful bandages and signed by more than 21,000 Working America members in Kentucky.
The signatures were gathered by Working America canvassers who have been knocking on the doors of working families to reach out to people who don’t have a union on the job and give them a voice on working families issues.
The AFL-CIO today is launching the Union Veterans Council, bringing together veterans and members of military families to hold our leaders accountable on the issues that matter most.
The launch of the Union Veterans Council will help mobilize the more than 2.1 million union members who are veterans to get involved in the 2008 elections and fight for the health and education benefits they deserve. These veterans will speak out to advocate policies like a fully funded Veterans Affairs (VA) and the recently passed 21st Century GI Bill.
The Union Veterans Council kicks off today in Dayton, Ohio. AFL-CIO President John Sweeney will join Building and Construction Trades Department President Mark Ayres, a military veteran and chairman of the Union Veterans Council, in announcing the national effort.
Sen. Edward Kennedy (D-Mass.), in the middle of chemotherapy treatments for brain cancer, made his first appearance yesterday in the U.S. Senate in nearly two months to vote to strengthen Medicare.
Sen. John McCain (R-Ariz.), in the middle of a presidential campaign, didn’t bother to show up for the vote. But Democratic presidential candidate Sen. Barack Obama (D-Ill.) found time to vote on this critical bill for our nation’s seniors.
The UAW is strenuously opposing plans by Harrah’s Entertainment to build a new casino in Kansas, calling the deal “a bad bet for Kansas.”
In a July 9 letter to the Kansas Lottery Gaming Facility Review Board, Jim Wells, director of UAW Region 5, says Harrah’s fails to live up to the state’s required standards of “managerial competence and financial resources” to build a new casino.
Worried about losing your house to foreclosure? Can’t pay bills on time—or at all? Lost a job or can’t find another one that actually pays a wage you and your family can live on?
A top John McCain adviser has some advice for you: What you’re experiencing is just a “mental recession.”
That’s right. The mortgage nightmares, credit card debt, jobs without health care or retirement security, the college education you can’t afford for your kids—it’s all a state of mind.
The Flight Attendants-CWA (AFA-CWA) union endorsed Sen. Barack Obama for president yesterday in a vote by the board of directors of the 55,000-member union. Patricia Friend, president of AFA-CWA, says Obama is a candidate who understands and will fight for the needs of flight attendants and all working families.
We are at a turning point and need a President who recognizes this struggle.
AFA-CWA remains committed to supporting political candidates of all parties. The only criteria is that the candidate support issues important to the flight attendant profession and the improvement of working women’s and men’s lives.