Download Transcript

Total Page:16

File Type:pdf, Size:1020Kb

Download Transcript Gaslit Nation Transcript 30 June 2021 Why Are The Democrats Keeping Louis DeJoy? https://www.patreon.com/posts/why-are-keeping-53098447 Intro Music: “I Can’t Change” by Danny Golden: https://open.spotify.com/track/62Y5aVtY4DCjus0ynnIRDg Danny Golden: I can’t seem to see the forest for the trees Bent down on the floor and I’m bent down on my knees Might be what you want but I know I’m not what you need Sarah Kendzior: I'm Sarah Kendzior, the author of the bestselling books, The View from Flyover Country and Hiding in Plain Sight. Andrea Chalupa: I'm Andrea Chalupa, a journalist and filmmaker, and the writer and producer of the journalistic thriller Mr. Jones, about Stalin's genocide, famine in Ukraine. And the opening song you heard ... Oh, sorry. Do you want to say what the show's about? Sarah Kendzior: That would be good, yes. This is Gaslit Nation, a podcast covering corruption in the United States and rising autocracy around the world. Andrea Chalupa: And the opening song you heard is called “I Can't Change” and it's by Danny Golden. Danny Golden is an Austin-based singer/songwriter, a rock and roller and a lifelong searcher for truth and people to share it with. He says the artist's job is to investigate the depths of our world and bring some meaning back to the surface. His projects have included members of Austin music staples like the Black Pumas, White Denim, and Shakey Graves. Shakey Graves is a really cool name for a band. Andrea Chalupa: Golden's 2021 EP Changes is his first release in almost two years. It's a lifetime look at a man coming to terms with themself and struggles, both inner and external. It kicks off with a cymbal crash and a wall of guitar sound as Golden begins to examine a descent into a painful period with the single “I Can't Change”. It's a search filled with dead ends and “I Can't Change” documents the songwriter grasping for clarity. We can all relate to that. Andrea Chalupa: After a fruitless search for answers outside of himself, Golden finds himself forced to look inward, and the music reflects a reckoning from this place of self-honesty. This most recent collection of songs is another powerful statement in Golden's growing discography: bold and broken, but putting itself back together one chord at a time. Andrea Chalupa: He goes on to create a statement for why he submitted this song: "Creating this song helped me get through a difficult period of depression, and releasing it has given me a chance to hope that my art touches the hearts of listeners who need some light in the dark. A lot of elements put me in that place, mainly the destruction of a very unhealthy relationship and the emotional fallout from that, but also very much the daily struggle of trying to exist in Trump era America and the search for positivity and meaning amid that." Andrea Chalupa: "Huge fan of Mr. Jones," thank you very much, "and the podcast." Thank you. "Your work is so important and incredibly well done, and I'm proud to be a patron." You are our supporter on Patreon. Wow! That is not why we chose you. We chose you because the song is excellent. Sarah Kendzior: [laughs] Andrea Chalupa: We want to say that, Danny, personally speaking, I listened to your song and I read this and it was inspirational. You helped me center and get focused in my own creative process currently, and I want to thank you for that. Andrea Chalupa: And I want to just say how grateful I am to our production manager, Karlyn Daigle, who came up with this idea to connect us with all the Gaslit Nation listeners out there through their art by featuring their songs. It is so needed, personally speaking. It is so wonderful. And it reminds us that we're all in this together and that we're all jumping out of bed and facing what we must face together. Andrea Chalupa: We're going to continue to do it because what we're doing matters and we matter, and art is a great, great way to resist and rage against the machine. We appreciate you, Danny, for your music. Thank you. Andrea Chalupa: Now let's get our little group of hobbits together and enter this journey of Louis DeJoy, who is the poster child of breaking up the country and selling it for parts. Louis DeJoy is, of course, the big time Trump donor who was installed deliberately as the postmaster general, as Trump was openly trying to steal the election in 2020. Andrea Chalupa: One way that Trump was telling us he was trying to do this was by deliberately slowing down the mail and he had Mr. Privatization Louis DeJoy to thank for that attempt. The mail did indeed slow down at a time when we were in a pandemic—a once in a century pandemic—and dependent on the mail in order to cast our votes. Andrea Chalupa: And so, this was part of the pressure cooker our democracy was under, was would they succeed with making sure that ballots didn't arrive in time? We obviously had to overcome this challenge, among many others that Trump presented along with his Kremlin friends to try to steal 2020. Andrea Chalupa: DeJoy is proudly trying to deteriorate our treasured US Postal Service with a very long, proud history, a postal service that people depend on for their social security checks, for their medicines. Rural areas depend on them. It's a lifeline, especially where you have limited internet. Andrea Chalupa: Louis DeJoy does not care about that. He cares about, first and foremost, making money and dodging accountability. Right now, he appears to be doing both. The FBI is currently investigating DeJoy for some shady political donations that he made. From Slate, I'll read from that now, just to give you an update. Andrea Chalupa: "Overlapping with the election controversy was DeJoy's role as a major Republican donor prior to his government service in a possible illegal straw donor scheme he allegedly orchestrated during that time. The Washington Post first reported on allegations by former employees of DeJoy's company, that he pressured workers to donate to Republican causes and then reimburse them via bonuses. All of this would be a clear violation of the law, and it is what the Department of Justice is reportedly investigating now after local law enforcement in North Carolina said it would not be moving forward with the case." Andrea Chalupa: [Sigh] So this whole pressuring employees to donate—which is political representation, it's putting your political voice out there—that reminds me so much of how Yanukovych tried to steal the 2004 presidential election in Ukraine. Part of that sweeping effort of Kremlin-backed election stealing in 2004 in Ukraine included pressuring employees to hand you over their ballots, and then using those ballots to stuff the boxes for Yanukovych. DeJoy did something very similar here. Andrea Chalupa: He currently remains the postmaster general. All of us thought when we were making phone calls and getting out the vote for Biden and Kamala Harris that one of the many things we would get with a Biden presidency was DeJoy being replaced by somebody who actually cares about preserving and improving and protecting the US Postal Service and making sure that we all get our mail on time, especially the checks we depend on, the medicines we depend on. Andrea Chalupa: That has not been the case. DeJoy is still there and it is a horrific, horrific testament to the fact that we have not been getting the accountability that we so sorely need to not only bring people to justice for their wrongdoing, but to ensure that they don't get away with their schemes, they don't get away with their damage, that people do not suffer in the process. Andrea Chalupa: Right now, we all remain vulnerable to DeJoy, because what is he going to do to our mail? How is he going to milk us for further profits? How is he going to increase prices? How is he going to deprive people of the connections they desperately need and depend on? Lives are literally at stake. This is not hyperbole. Literally, lives are at stake. Andrea Chalupa: I've noticed that I've been working around all the issues of slowed down mail myself. For instance, I walked two hours in the snow with a baby carriage to hand-deliver my updated voting status to the election board in New York city, because I didn't trust the mail that it'd get there in time. I had a week, but I didn't trust the mail that it'd get there in time. Andrea Chalupa: I recently sent out some checks. They did not arrive. I had to spend $90 canceling those checks, $90 using digital Venmo and other things to pay people. So I’ve been feeling it. So if I'm feeling it in New York City, I can't even imagine what people in more rural areas are experiencing. Andrea Chalupa: Let me tell you something, Biden administration and the Democratic Party, whatever people are feeling wherever they live across the country, that's reflected on you. DeJoy is reflected on you. All of the bad services he's providing, those are Biden services.
Recommended publications
  • INSIDE HERE IS a CLOUD NO LARGER Than a California Initiative in the Sky
    Tax Debate EDITED BY · MICHAEL HARRINGTON May 1979 ~ 02 Vol. VII No. 5 Is Clouded By Michael H arrington INSIDE HERE IS A CLOUD NO LARGER than a California initiative in the sky. It is one of many in Changes in National Staff, p. 4 the gathering storm over bud­ Although 1t has been denied that the 1ob is get balancing either through reserved for people with the initials JC, it state-wide initiatives or a Con­ is true that Jack Clark will hand over the reins stitutional amendment. It is of office to Jim Chapin this month. Marjorie Paul Gann's proposal to limit Phyfe made the Democratic Party take notice spending increases by any jurisdiction in with DEMOCRATIC AGENDA . Now she will California to the rise in inflation and pop­ do similar work for the Machinists. ulation. ''One does not per­ Fighting the Corporations, p. 5 Gann, of course, is the co-author of suade people to go While corporate powers urge people to eat Proposition 13. In making this move, beyond Franklin Roose­ cake, Massachusetts Fair Share organizes he is pioneering an approach that is gain­ velt's New Deal by working class and middle income people ing on the Right and raising issues that around bread and butter issues. Ron Bloom touch upon the national debate on tax pandering to Herbert looks at Fair Share's strategies. policy. Hoover's critique. ,, Socialist Notes, p. 7 That debate has tantalized some seg­ DSOCers around the country take part ments of the Left, for it holds out the in many fights.
    [Show full text]
  • U:\OK to Print 117Th\43780.TXT
    LEGISLATIVE PROPOSALS TO PUT THE POSTAL SERVICE ON SUSTAINABLE FINANCIAL FOOTING HEARING BEFORE THE COMMITTEE ON OVERSIGHT AND REFORM HOUSE OF REPRESENTATIVES ONE HUNDRED SEVENTEENTH CONGRESS FIRST SESSION FEBRUARY 24, 2021 Serial No. 117–4 Printed for the use of the Committee on Oversight and Reform ( Available on: govinfo.gov, oversight.house.gov or docs.house.gov U.S. GOVERNMENT PUBLISHING OFFICE 43–780 PDF WASHINGTON : 2021 COMMITTEE ON OVERSIGHT AND REFORM CAROLYN B. MALONEY, New York, Chairwoman ELEANOR HOLMES NORTON, District of JAMES COMER, Kentucky, Ranking Minority Columbia Member STEPHEN F. LYNCH, Massachusetts JIM JORDAN, Ohio JIM COOPER, Tennessee PAUL A. GOSAR, Arizona GERALD E. CONNOLLY, Virginia VIRGINIA FOXX, North Carolina RAJA KRISHNAMOORTHI, Illinois JODY B. HICE, Georgia JAMIE RASKIN, Maryland GLENN GROTHMAN, Wisconsin RO KHANNA, California MICHAEL CLOUD, Texas KWEISI MFUME, Maryland BOB GIBBS, Ohio ALEXANDRIA OCASIO-CORTEZ, New York CLAY HIGGINS, Louisiana RASHIDA TLAIB, Michigan RALPH NORMAN, South Carolina KATIE PORTER, California PETE SESSIONS, Texas CORI BUSH, Missouri FRED KELLER, Pennsylvania DANNY K. DAVIS, Illinois ANDY BIGGS, Arizona DEBBIE WASSERMAN SCHULTZ, Florida ANDREW CLYDE, Georgia PETER WELCH, Vermont NANCY MACE, South Carolina HENRY C. ‘‘HANK’’ JOHNSON, JR., Georgia SCOTT FRANKLIN, Florida JOHN P. SARBANES, Maryland JAKE LATURNER, Kansas JACKIE SPEIER, California PAT FALLON, Texas ROBIN L. KELLY, Illinois YVETTE HERRELL, New Mexico BRENDA L. LAWRENCE, Michigan BYRON DONALDS, Florida MARK DESAULNIER, California JIMMY GOMEZ, California AYANNA PRESSLEY, Massachusetts VACANCY DAVID RAPALLO, Staff Director MARK STEPHENSON, Director of Legislation ETHAN VANNESS, Professional Staff ELISA LANIER, Chief Clerk CONTACT NUMBER: 202-225-5051 MARK MARIN, Minority Staff Director (II) CONTENTS Page Hearing held on February 24, 2021 ......................................................................
    [Show full text]
  • PA Tax Reform Commission Final Report
    PENNSYLVANIA BUSINESS TAX REFORM COMMISSION REPORT TABLE OF CONTENTS 1. Chairman’s Letter 2. Table of Contents 3. Executive Order 4. Final Report 5. Interim Report 6. Commission Members 7. Meetings Held 8. List of Testimony Presented 9. Criteria for Pennsylvania Business Tax Reform Commission 10. State Corporate Net Income Tax Issues – National Overview 11. Pennsylvania Corporate Net Income Tax Issues – Overview 12. Existing Department of Community and Economic Development Initiatives - 1 - MAJOR RECOMMENDATIONS OF THE COMMISSION 13. Reduction of Pennsylvania Corporate Net Income Tax Rate A. Current Pennsylvania Law – Tax Rate of 9.99% B. Reasons for Change C. Discussion of the Recommendation 1. Testimony Presented at the Commission Meetings 2. Comments by Commission Members 3. Other State Tax Commission Recommendations D. Evaluation of the Recommendation Under Established Criteria E. Commission Members’ Major Recommendation F. Parameters Associated with the Recommendation 1. Assumptions 2. Contingencies Impacting Fiscal Estimate G. General Economic Impact Considerations in Arriving at Recommendation 1. Business Tax Burden 2. Business Tax Climate H. Distributional Effect of the Proposal by Industry - 2 - MAJOR RECOMMENDATIONS OF THE COMMISSION 14. Modification of Existing Pennsylvania Net Operating Loss Provisions A. Current Pennsylvania Law – Annual $2,000,000 Limit on Use of Net Operating Loss Carryover B. Reasons for Change C. Discussion of the Recommendation 1. Testimony Presented at the Commission Meetings 2. Comments by the Commission Members 3. Other State Tax Commission Recommendations D. Evaluation of the Recommendation Under Established Criteria E. Commission Members’ Major Recommendation F. Parameters Associated with the Recommendation 1. Assumptions 2. Contingencies Impacting Static Revenue Estimate G.
    [Show full text]
  • K:\My Documents\Black\Pleadings\Treas
    Case 2:09-cv-13616-AJT-MKM Document 164 Filed 12/20/10 Page 1 of 55 UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MICHIGAN SOUTHERN DIVISION ) No. 2:09-cv-13616-AJT-MKM DENNIS BLACK, et al.,) ) RENEWED MOTION TO DISMISS OF Plaintiffs, ) DEFENDANTS U.S. DEPARTMENT OF ) THE TREASURY, PRESIDENTIAL v. ) TASK FORCE ON THE AUTO ) INDUSTRY, TIMOTHY F. GEITHNER, PENSION BENEFIT GUARANTY ) STEVEN L. RATTNER, AND RON A. CORPORATION, et al., ) BLOOM Defendants. ) ) Defendants U.S. Department of the Treasury, Presidential Task Force on the Auto Industry, Timothy F. Geithner, Steven L. Rattner, and Ron A. Bloom hereby move pursuant to Fed, R. Civ. P. 12(b)(1) and (6) to dismiss plaintiffs’ claim against them for lack of subject matter jurisdiction and for failure to state a claim upon which relief can be granted. The grounds for that motion are set forth in the memorandum submitted herewith. Plaintiffs advise through counsel that they oppose the motion. Respectfully submitted, TONY WEST Assistant Attorney General BARBARA L. McQUADE United States Attorney PETER A. CAPLAN Assistant United States Attorney SANDRA M. SCHRAIBMAN Ass’t Branch Dir., Dep’t of Justice, Civil Division Case 2:09-cv-13616-AJT-MKM Document 164 Filed 12/20/10 Page 2 of 55 s/ David M. Glass DAVID M. GLASS, DC Bar 544549 Sr. Trial Counsel, Dep’t of Justice, Civil Division 20 Mass. Ave., N.W., Room 7200 Washington, D.C. 20530 Tel: (202) 514-4469/Fax: (202) 616-8470 E-mail: [email protected] Attorneys for Defendants U.S. Department of the Treasury, Presidential Task Force on the Auto Industry, Timothy F.
    [Show full text]
  • TARP Assistance for Chrysler: Restructuring and Repayment Issues
    TARP Assistance for Chrysler: Restructuring and Repayment Issues Baird Webel Specialist in Financial Economics Bill Canis Specialist in Industrial Organization and Business September 7, 2012 Congressional Research Service 7-5700 www.crs.gov R41940 CRS Report for Congress Prepared for Members and Committees of Congress TARP Assistance for Chrysler: Restructuring and Repayment Issues Summary The recent recession and accompanying credit crisis posed severe challenges for all automakers, but especially for General Motors and Chrysler. Executives of both companies testified before congressional committees in the fall of 2008 requesting federal bridge loans. Legislation that would have provided such financial assistance passed the House of Representatives but did not pass the Senate. In lieu of that assistance, the Bush Administration turned to the Troubled Asset Relief Program (TARP), a $700 billion program that was enacted in October 2008 to shore up the financial system and prevent spillover to the broader economy. The Bush Administration used TARP to provide both automakers and two auto financing companies with nearly $25 billion in loans, and told the automakers to submit viability plans if they were to seek additional aid. Chrysler submitted such a plan in February 2009, outlining how it planned to restructure its operations, including a strategic alliance with Fiat. Some questions were raised as to whether Chrysler could survive as a free-standing company, even with government assistance, because of its relatively small size. The Obama Administration rejected Chrysler’s initial viability plan as insufficient and gave the company 30 days to develop a new plan in an effort to avert bankruptcy. Working with the Administration’s Auto Task Force, Chrysler developed a restructuring plan that included a revised labor agreement, cost reductions from dealers and suppliers, reductions in creditor claims, and limitations on executive compensation.
    [Show full text]
  • Administration of Barack H. Obama, 2009 Remarks at the AFL–CIO
    Administration of Barack H. Obama, 2009 Remarks at the AFL–CIO National Convention in Pittsburgh, Pennsylvania September 15, 2009 The President. Thank you. Thank you, AFL–CIO. Thank you. Thank you very much. Please, everybody, have a seat. Thank you. Thank you, guys. Thank you very much, everybody. All right, you guys are making me blush. Thank you. Audience members. Obama! Obama! Obama! The President. Thank you so much, everybody. You know, I tell you what, the White House is pretty nice, but there's nothing like being back in the House of Labor. Let me begin by recognizing a man who came to Washington to fight for the working men and women of Pennsylvania and who has a distinguished record of doing just that, Arlen Specter. I want to give my thanks and the thanks of our Nation to one of the great labor leaders of our time, a man whose entire life has been devoted to working people, who brought new life to a movement, and who worked tirelessly on behalf of organized workers, and who will be stepping down tomorrow, your president, John Sweeney. John, I know that Maureen is looking forward to seeing a little more of you, and your granddaughter Kennedy is about to get a whole lot more spoiled by her grandpa. But we are so proud of the work that you've done and grateful for your lifetime of service. I know it's bad luck to congratulate somebody before they're officially elected, but I'm going to go ahead and take my chances and congratulate the man who will pick up John's mantle, the son and grandson of Pennsylvania coal miners, a man who worked his way through college to lead the United Mine Workers, my friend, a fiery advocate for America's ideals, Rich Trumka.
    [Show full text]
  • Unions Grasp for Influence Over Private Equity by Ivan Osorio
    Unions Grasp For Influence Over Private Equity By Ivan Osorio Summary: When private equity firms unions are able to pressure companies by Enron and WorldCom scandals, has buy up companies they expect to avoid having the funds offer shareholder reso- sparked an unanticipated response from shareholder pressure campaigns—espe- lutions at corporate annual meetings. More some companies. To avoid burdensome cially those devised by labor unions. Or and more companies find themselves un- government regulation, they are deciding so they hope. der the gun, dealing with aggressive not to list their shares on American stock union-sponsored shareholder resolutions. exchanges—a trend that is leading to more ention the names of certain However, the enactment of the 2002 stock listings in overseas financial cen- large corporations, and many Sarbanes-Oxley Act, in the wake of the ters like London and Hong Kong. In some M people start to think bad things. ExxonMobil reaps “windfall profits” as it “gouges” drivers with high gas prices. Wal-Mart “destroys” city downtowns by ‘Corporate Campaigns’ Target Private Firms “undercutting” mom-and-pop shops. Sound familiar? That’s precisely how An Interview With Jarol Manheim organized labor and their allies want it. These companies have been targets of Labor Watch author Ivan Osorio “corporate campaigns”—public relations interviewed Jarol Manheim, Profes- onslaughts designed to damage a sor of Media and Public Affairs and company’s reputation. of Political Science at the George When planning corporate campaigns, Washington University. Professor unions and activist groups research their Manheim is the author of The Death target and identify its weaknesses.
    [Show full text]
  • At the Wheel with a Fragile Plan to Save Chrysler in Hand, Corinne Ball and a Jones Day Team Had Six Weeks to Win Bankruptcy Court Approval
    americanlawyer.com SEPTEMBER 2009 AT THE WHEEL With a fragile plan to save Chrysler in hand, Corinne Ball and a Jones Day team had six weeks to win bankruptcy court approval. It was lawyering at the speed of Daytona. During Chrysler’s 42-day journey through bankruptcy court, Jones Day’s Corinne Ball was at the wheel—with the government playing backseat driver. DRIVE-THROUGH BANKRUPTCY BY VIVIA CHEN ON MAY 1, AFTER DELIVERING THE OPENING STATEMENT for Chrysler LLC in one of the most highly anticipated bankruptcy cases in history, Jones Day partner Corinne Ball dashed out of federal court in lower Manhattan to return to her midtown office. Instead of taking one of the black town cars waiting by the courthouse, she headed for the subway. A flock of photographers followed, snapping images of the restructuring doyenne in an orange St. John’s knit suit as she charged through the City Hall station. Ball’s choice of transportation and attire was no accident. “I’m very conscious that I’m a bank- ruptcy lawyer,” she says a few weeks later. “You didn’t think I was going to fly there in my private jet, did you?” Ball asks—an allusion to the scolding that the Detroit auto executives got last year when they took corporate jets to Washington, D.C., to ask Congress for aid. As for that Fanta- hued outfit, she says, “Color is good for rescue—it’s a good occasion, not a funeral.” The lead bankruptcy lawyer for Chrysler, Ball became the public face of the lawyering behind the company’s whirlwind 42-day foray into bankruptcy and subsequent rebirth as a Fiat SpA ally (the Italian automaker now runs Chrysler).
    [Show full text]
  • Annual Report of the White House Task Force on the Middle Class
    ANNUAL REPORT OF THE WHITE HOUSE TASK FORCE ON THE MIDDLE CLASS F E BR UA R Y 2 0 10 Table of Contents Executive Summary iii I Introduction 1 The State of the American Middle Class 3 What Does It Mean To Be Middle Class? 10 II Protecting Workers and Creating Middle-Class Jobs 13 Supporting the Manufacturing Sector 13 Green Jobs 16 Project Labor Agreements and Other Executive Orders 20 Enforcing Labor Standards and Preventing Misclassification 21 Responsible Federal Contracting 23 National Equal Pay Enforcement Task Force 23 Employee Free Choice Act 23 III Retirement Security 25 Establishing Automatic IRAs 25 Simplifying and Expanding the Saver’s Credit 26 Updating 401(k) Regulations to Improve Transparency and Reliability 27 Administrative Actions to Improve Retirement Security 27 Another Option: Safe Investment Choices 28 IV Balancing Work and Family Responsibilities 29 Child Care 29 Supporting Family Caregivers 31 More Flexible Workplaces 33 An Administration-Wide Commitment 34 V Pathways to the Middle Class 35 Making Higher Education Affordable and Accessible 35 Connecting Workers to Career Ladders 42 VI Conclusion 43 Mr President, I’m proud to present you with the annual report of the White House Task Force on the Middle Class Shortly after we took office, you gave me the honor of chairing this Task Force, noting that “the strength of our economy can be measured by the strength of our middle class ” Since that day, that simple yet powerful equation—a strong middle class equals a strong economy—has guided our work We report on those
    [Show full text]
  • President Fredric V. Rolando
    PRESIDENT FREDRIC V. ROLANDO 2012 — 2014 BIENNIAL REPORT NALC 125 YEARS OF SERVICE, SOLIDARITY AND This report is hereby submitted to the offi cers and delegates to the 69th Biennial Convention of the National Association of PROGRESS Letter Carriers, AFL-CIO, Philadelphia, PA, July 21-25, 2014, pursuant to Article 9, Sec- tion 1(k) of the Constitution of the National Association of Letter Carriers. Detailed information pertaining to many of the National Association of Letter Carriers’ most important activities can be found in OF LETTER CARRIERS ASSOCIATION NATIONAL the following pages and in the reports of my fellow offi cers. I am grateful for their efforts in fulfi lling their responsibilities with dili- gence and competence. My role has been to coordinate and supervise their activities, set an overall direction for this great union and, in a number of key areas, provide di- rect, active and assertive leadership in the best interests of the members of the NALC and, where appropriate, the U.S. Postal Ser- vice as well. President Fredric V. Rolando July 2014 | The Postal Record 9 EW PRIVATE INSTITUTIONS Unemployment stood at 9.5 percent Public-sector workers across the coun- get to celebrate their quas- (50 percent higher than today), and the try were under assault by similarly anti- quicentennial—their 125th USPS had recorded the biggest losses labor politicians, who targeted public anniversary. That is especially in its history—and not just because of employee pay, benefi ts and bargaining true of labor unions. The world the pre-funding mandate that we’ve rights to close budget defi cits caused Fof work changes so dramatically from been battling since 2006.
    [Show full text]
  • The US Motor Vehicle Industry
    The U.S. Motor Vehicle Industry: Confronting a New Dynamic in the Global Economy Bill Canis Specialist in Industrial Organization and Business Brent D. Yacobucci Specialist in Energy and Environmental Policy March 26, 2010 Congressional Research Service 7-5700 www.crs.gov R41154 CRS Report for Congress Prepared for Members and Committees of Congress The U.S. Motor Vehicle Industry: Confronting a New Dynamic in the Global Economy Summary This report provides an in-depth analysis of the 2009 crisis in the U.S. auto industry and its prospects for regaining domestic and global competitiveness. It also analyzes business and policy issues arising from the unprecedented restructurings that occurred within the industry. The starting point for this analysis is June-July 2009, with General Motors Company (GM or new GM) and Chrysler Group LLC (or new Chrysler) incorporated as new companies, having selectively acquired many, but not all, assets from their predecessor companies. The year 2009 was marked by recession and a crisis in global credit markets; the bankruptcy of General Motors Corporation and Chrysler LLC; the incorporation of successor companies under the auspices of the U.S. Treasury; hundreds of parts supplier bankruptcies; plant closings and worker buyouts; the cash-for-clunkers program; and increasing production and sales at year’s end. This report also examines the relative successes of the Ford Motor Company and the increasing presence of foreign-owned original equipment manufacturers (OEMs), foreign-owned parts manufacturers, competition from imported vehicles, and a serious buildup of global overcapacity that potentially threatens the recovery of the major U.S.
    [Show full text]
  • The US Motor Vehicle Industry
    The U.S. Motor Vehicle Industry: Confronting a New Dynamic in the Global Economy Bill Canis Specialist in Industrial Organization and Business Brent D. Yacobucci Specialist in Energy and Environmental Policy March 26, 2010 Congressional Research Service 7-5700 www.crs.gov R41154 CRS Report for Congress Prepared for Members and Committees of Congress The U.S. Motor Vehicle Industry: Confronting a New Dynamic in the Global Economy Summary This report provides an in-depth analysis of the 2009 crisis in the U.S. auto industry and its prospects for regaining domestic and global competitiveness. It also analyzes business and policy issues arising from the unprecedented restructurings that occurred within the industry. The starting point for this analysis is June-July 2009, with General Motors Company (GM or new GM) and Chrysler Group LLC (or new Chrysler) incorporated as new companies, having selectively acquired many, but not all, assets from their predecessor companies. The year 2009 was marked by recession and a crisis in global credit markets; the bankruptcy of General Motors Corporation and Chrysler LLC; the incorporation of successor companies under the auspices of the U.S. Treasury; hundreds of parts supplier bankruptcies; plant closings and worker buyouts; the cash-for-clunkers program; and increasing production and sales at year’s end. This report also examines the relative successes of the Ford Motor Company and the increasing presence of foreign-owned original equipment manufacturers (OEMs), foreign-owned parts manufacturers, competition from imported vehicles, and a serious buildup of global overcapacity that potentially threatens the recovery of the major U.S.
    [Show full text]