Posted on June 11, 2009 by willyloman
by Scott Creighton
Well, it’s official; there will be no caps set on the salaries of the CEO’s and top officials of the banks that received TARP funds. That, according to Team DLC Obama™ Brand, would just be wrong. “It’s wrooong!”
Filed under: Economic Crisis ie. Disaster Capitalism, Geithner, Neocons = Neolibs, Obama Cabinet, Obama™, Team DLC Obama™ Brand, UAW, disaster capitalism, get to know a sellout, war on the middle class | Tagged: Scott Creighton, Team DLC Obama™ Brand | 6 Comments »
Posted on June 2, 2009 by willyloman
by Scott Creighton
Recently I communicated with someone I knew from a previous life; back when I had a future. This friend is a liberal and an accomplished artist who is committed to the craft of his work and the teaching of others who are lucky enough to learn from him. “A Life in the Theater”; [...]
Filed under: Economic Crisis ie. Disaster Capitalism, Geithner, Larry Summers, Neocons = Neolibs, Obama™, Scott Creighton, Team DLC Obama™ Brand, UAW, disaster capitalism, get to know a sellout, war on the middle class | 11 Comments »
Posted on June 2, 2009 by willyloman
by Jerry White, WSWS
The bankruptcy of General Motors is a major turning point in the history of economic and political life in the United States.
The industrial giant—once the largest and most profitable enterprise in the world—defined American capitalism for much of the 20th century. Its massive presence in the US economy inspired the famous 1953 [...]
Filed under: Economic Crisis ie. Disaster Capitalism, Obama™, Team DLC Obama™ Brand, UAW, war on the middle class | Tagged: Economic Crisis ie. Disaster Capitalism, Friedman Brick lands on America, GM bankruptcy, war on the middle class | 1 Comment »
Posted on May 31, 2009 by willyloman
by Patrick Martin, WSWS
In compelling GM to file for bankruptcy, Obama is giving the signal to all of corporate America to attack the jobs, wages, pensions and health benefits fought for by working people in the course of more than a century. The full power of the US government is being used to set an [...]
Filed under: Economic Crisis ie. Disaster Capitalism, Fuck Obama, Neocons = Neolibs, Obama Cabinet, Obama™, Team DLC Obama™ Brand, UAW, disaster capitalism, war on the middle class | Tagged: economic terrorism, GM bankruptcy, Obama targets working class, war on the middle class | 3 Comments »
Posted on April 3, 2009 by willyloman
“He was a Trojan horse…”
For the woman at the end of the video, for her and all the UAW workers who don’t know what their future holds, I made the following cartoon when I read your comment “He was a trojan horse…” in an article at WSWS a couple days ago [...]
Filed under: Economic Crisis ie. Disaster Capitalism, Fuck Obama, Globalization, Neocons = Neolibs, Obama Cabinet, Obama™, UAW, disaster capitalism, get to know a sellout, war on the middle class | Tagged: obama economic policy, Obama™, UAW, War on the Autoworkers | 2 Comments »
Posted on March 24, 2009 by willyloman
by Jerry White, WSWS
President Obama’s auto task force has a March 31 deadline to approve updated restructuring plans by General Motors and Chrysler LLC under terms of the federal loan agreement. The task force—which has the power to revoke the loans and has not ruled out the use of the bankruptcy courts—is pressing for sharp [...]
Filed under: Economic Crisis ie. Disaster Capitalism, Fuck Obama, Globalization, Neocons = Neolibs, Obama Cabinet, Obama™, UAW, disaster capitalism, war on the middle class | Tagged: Obama and the Blue Dog Dem fiscal plan, obama economic policy, Obama's New Cabinet, Obama™, Obama™ is Bush III | 1 Comment »
Posted on January 31, 2009 by willyloman
Russ Dallen, Latin American Herald Tribune
General Motors plans to invest $1 billion in Brazil to avoid the kind of problems the U.S. automaker is facing in its home market, said the beleaguered car maker.
According to the president of GM Brazil-Mercosur, Jaime Ardila, the funding will come from the package of financial aid that the manufacturer [...]
Filed under: Economic Crisis ie. Disaster Capitalism, Globalization, UAW, disaster capitalism, war on the middle class | Tagged: Financial Crisis, GM Bailout | 10 Comments »
Posted on January 10, 2009 by willyloman
by Scott Creighton
“…everybody’s going to have to have some skin in the game…”
Tomorrow, Obama™ is going on “This Week” with host George Stephanpoulosas part of Obama™’s product roll-out for his stimulus package, a.k.a. the Retro-Reaganomics Big-Business Give-away Plan. There is a little teaser up on ABC’s site, written by ‘Poulosas himself.
During this interview, Obama™ is [...]
Filed under: Economic Crisis ie. Disaster Capitalism, Fuck Obama, Globalization, Neocons = Neolibs, Obama Cabinet, Obama™, UAW, disaster capitalism, get to know a sellout, war on the middle class | Tagged: obama economic policy, obama sellout, Obama™ | 6 Comments »
Posted on December 23, 2008 by willyloman
By Tom Eley, WSWS
The US government loans to the auto industry, conditioned on a massive attack on the wages and jobs of auto workers, are being used as a spearhead for broader attacks on the working class throughout the country. This attack has already begun, with numerous companies recently announcing pay cuts and layoffs for [...]
Filed under: Economic Crisis ie. Disaster Capitalism, Globalization, UAW, disaster capitalism, war on the middle class | Tagged: war on the middle class | 2 Comments »
Posted on December 19, 2008 by willyloman
***UPDATE*** – As I predicted, it seems that they are using this auto-industry bailout to justify pushing for the rest of the TARP money.
Treasury Secretary Henry Paulson said Friday that Congress will need to release the last half of the $700 billion rescue fund …Paulson said the use of the rescue fund to provide [...]
Filed under: Economic Crisis ie. Disaster Capitalism, UAW | Tagged: Bush Auto Bailout Plan, TARP | 102 Comments »