Partisan blogger Nick (8/6/09) has republished a new email campaign from American Rights at Work that reviews how, "just before Bear Stearns went under, CNBC's Jim Cramer had strong advice for his Mad Money viewers: buy Bear Stearns stock, and fast!" Of course, "then the company imploded and thousands of ordinary people saw their retirement savings vanish. Oops." Nick continues: Now Cramer is telling his viewers the Employee Free Choice Act will hurt the U.S. economy. Cramer was wrong then, he's wrong now! But this time we know exactly what will happen if viewers listen: Millions will lose out financially. [...]
Jun
04
2009
Media Love 'Horrendous' – if False – Card Check Impact
Washington Monthly contributing editor Art Levine has a piece for In These Times (5/31/09) reporting on economist Anne Layne-Farrar's recent congressional appearance in which she warned about the horrendous impact of the Employee Free Choice Act. Its potential to increase union membership from between five and 10 percent, she said, 'would result in an increase in the unemployment of around one and a half to three percentage points.' Levine tells us how "Fox 'Fair and Balanced' News, naturally, in its TV report neglected to mention that her 'research' was funded by the corporate-friendly, anti-union 'Alliance to Save Main Street Jobs,'" [...]
Mar
10
2009
WSJ Furthers Common Card Check Distortions
By 1 Comment
Writing that someone needs to "Tell the WSJ: Workers Can Already Unionize Without a Secret Ballot Election" (Beat the Press, 3/10/09), Dean Baker details how big media still gets this wrong: Okay, let's see if we can teach the Wall Street Journal something this morning. In an article reporting on the prospects for the Employee Free Choice Act in the Senate, the WSJ told readers that "the bill would allow unions to organize workers without a secret ballot, giving employees the power to organize by simply signing cards agreeing to join." Wrong! The current law already allows workers to organize [...]
