Bailout

‘Feed the People, Not the U.S. War Machine!’

March 22, 2023 UNAC Editor Action!!, Anti-Imperialism, Anti-War, Protest

by Richie Merino, published on Workers World, March 22, 2022 Just days after the Biden administration proposed an egregious $900 billion military budget, the Federal Reserve printed $300 billion to bail out two banks that were “too big to fail.” Let me be clear: this is a bailout for the rich, a bailout for Silicon Valley tech companies, venture capital[…]

Remaking The Economy For The People

April 18, 2020 UNAC Editor Action!!, Austerity, Economic Collapse, Financial Vultures

The Decade Of Transformation Is Here: Remaking The Economy For The People Kevin Zeese & Margaret Flowers, published on Popular Resistance, March 29, 2020 The pandemic, economic collapse and the government’s response to them are going to not only determine the 2020 election but define the future for this decade and beyond. People are seeing the failure of the US[…]

GM Layoffs Could Cost 40,000 Jobs

December 25, 2018 UNAC Editor Labor

Photo: GM’s Detroit-Hamtramck assembly plant is slated for closure. (Elaine Cromie / Detroit Free Press) by Jeff Mackler, published on Socialist Action, December 18, 2018 For public consumption only, General Motors’ billionaire executives flew on public airlines to Washington, D.C., in 2009, leaving their private jets behind. Bleeding $1 billion in monthly losses, and threatening bankruptcy, this corporation—once the world’s[…]

GM Shareholders Get Boost and Workers Get the Boot

December 22, 2018 UNAC Editor Financial Vultures, Labor

Photo: Eduardo Lima / The Canadian Press by Gary Porter, published on Socialist Action, December 16, 2018 On Nov. 29, analysts making 12-month price forecasts for General Motors Co. projected $45.16 per share—an increase of almost 23 per cent over the current $36.76. This is great holiday news, if you are shareholder. That includes the GM directors who receive 60[…]