News & Opinion

Arianna Huffington's AOL deal sparks accusations of a political sell-out

Since she announced that the HuffPo was being sold to web giant AOL for $315m, Arianna Huffington has been accused of being a political sellout and someone who made a personal fortune from the labor of thousands of bloggers who write for no pay. But as some point out, Huffington's history of changing her politics from Republican to liberal should have warned many that future shifts were likely.

The battle for publishing’s future

When Apple Inc. unveiled the iPad last year, co-founder Steve Jobs, with his characteristic aggrandizing touch, called it nothing short of “magical.” But he wasn’t the only one who thought so. Publishers were also hoping that the iPad would have the mystical power to turn back time. Now it seems they should have been more careful what they wished for.

Paid to Fire! How CEO Compensation is wrong

Since Craig Dubow took over as Gannett’s CEO in 2005, Gannettblog reports that employment at the company has dropped from 52,600 to 32, 600. So 20,000 employees, or more than 1 in 3, have disappeared. Doesn’t this look like dismantling the company? And yet Dubow was paid $4.7M in 2009, including a cash bonus of $1.45M, for implementing cost cuts -- and that’s what’s quite wrong with CEO compensation in America.

Why Isn't Wall Street in Jail?

As workers in Wisconsin, Ohio, Indiana and other parts of the country struggle to preserve some semblance of a middle class lifestyle, it's helpful to realize that their pensions were plundered by Wall Street "investors," who made off with billions. But here's how the game works: the victims get demonized for their alleged greed, while the actual thieves skate away. As summarized by one former Senate investigator, "Everything's fucked up, and nobody goes to jail. That's your whole story right there."

Budget Crisis? Duh, Tax the Rich!

The answer to many of the country’s domestic problems -- from the budget deficit to crumbling infrastructure, from mass joblessness to income inequality, from environmental degradation to educational shortfalls -- is obvious, even simple, but has been blocked by a dominating political/media dynamic that rules it out. The solution? Raise taxes on the rich, and use that money to get the United States back on track and advancing toward the future.

So this is the Tea Party's endgame. No government

Most Americans have no idea of the massive class war -- stealing from the bottom and the middle and giving to the very top -- that has been waged over the last three decades. Instead, they appear to "know" that Barack Obama has governed from the hard left, that unions are piggy, and that an uprising of Tea Party patriots has been all that stands between the good old US of A and a kind of Muslim-Marxist state. In such an atmosphere, the right can move with impunity.

Who cares about unions?

I successfully led many efforts to defeat attempts to organize workers in various part of the company. I was the lead manager in a decertification to get employees out of a union. I suspended and fired many union workers and never lost an arbitration hearing. I am sure I disliked unions as much or more than Governor Scott Walker of Wisconsin -- but 35 years of experiences with unions as a worker, executive, and consultant led me to one inescapable conclusion: THE MIDDLE CLASS OF AMERICA NEEDS UNIONS NOW MORE THAN EVER BEFORE.

CEP requests government review foreign ownership of Postmedia

CEP, the other newspaper union in Canada, today requested the government to immediately review the purchase of Canada’s largest newspaper chain by foreign investors. U.S. investment companies own 92% of Postmedia shares and since their purchase of the Canwest papers last summer, 500 jobs are gone and work is being outsourced to the Dominican Republic and the Philippines.

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