Throughout the next two weeks, the Foundry will be highlighting some testimonials of General Motors bondholders. When President Obama describes bondholders, you get the distinct impression of pinstripe-suit-wearing bankers with scotch in one hand and cigars in the other. However, that is far from the case. In fact, GM bondholders …
Words can’t describe what occurred at yesterday’s hearing of the Senate Committee on Health, Education, Labor and Pensions. After encouraging the audience to applaud his remarks on the Employee Free Choice Act, Chairman Tom Harkin (D-IA) was forced to scold union members when they become belligerent — hissing, booing and …
Liberals are introducing the misnamed Employee Free Choice Act today on Capitol Hill. The legislation would effectively eliminate workers’ rights to a secret ballot vote on joining a union. Heritage’s James Sherk has done extensive research on card check, including a new paper that outlines why the bill would create government-run …
Fears that pro-Teamster protectionists in Congress would seek to kill the U.S. Department of Transportation’s “Cross Border Demonstration Project”, that has allowed a carefully selected group of Mexican trucking operators full access to the U.S. road network have been realized. The Supplemental FY 2009 Omnibus spending bill (aka “Porkulus II”) …
The International Longshore and Warehouse Union (ILWU) is famous for striking to prevent docks from using technologies that reduce the need for union labor. The last time the ILWU went on strike it cost the economy $2 billion a day. But for the union’s efforts, it negotiated an average wage-and-benefit …
