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Lester Spence

Think that Chrysler and GM Shouldn't be bailed out? Read this

by admin | Dec 18, 2008 | Cash Rules Everything Around Me, Neoliberalism, Urban Politics | 2 comments

Check out the following press release from Good Jobs First: Foreign Auto Plants Have Received $3.6 Billion In Subsidies,  Mostly from Southern States  Responding to many queries,  Good Jobs First released its summary of state and local subsidies  given to...

Anti-Blue Collar Bias driving anti-bailout sentiment

by admin | Dec 13, 2008 | Cash Rules Everything Around Me, Neoliberalism | 6 comments

GM doesn’t have enough money to go through the year. Chrysler is for all intents and purposes a dead man walking. Ford has enough, but if the other two go out, then who knows? In following the talk about the bailout I hear a lot more resentment in this case than...

Prayer for Bailout in Detroit

by admin | Dec 8, 2008 | Cash Rules Everything Around Me, Neoliberalism, Obama, Urban Politics | 3 comments

DETROIT — The Sunday service at Greater Grace Temple began with the Clark Sisters song “I’m Looking for a Miracle” and included a reading of this verse from the Book of Romans: “I consider that our present sufferings are not worth comparing with the glory that will be...

Obama brings the noise

by admin | Dec 7, 2008 | Cash Rules Everything Around Me, Neoliberalism, Obama, things that make you go hmm | 3 comments

Unofficially our unemployment rate is 12.5% the highest in recent record. And if we consider UNDERemployment rates we’re in even poorer shape. This is how Obama responds: On the heels of more grim unemployment news, President-elect Barack Obama yesterday offered...

Workers throwing in the towel

by admin | Dec 5, 2008 | Cash Rules Everything Around Me, Neoliberalism | 1 comment

According to the Labor Department, the number of unemployed workers rose by 251,000 in November. But the number of people who were outside of the labor force — that is, neither working nor looking for work — rose by much more: 637,000. These people aren’t counted as...

Should the Automotive Industry get a bailout?

by admin | Nov 21, 2008 | Afrofuturism, Cash Rules Everything Around Me, Marc Steiner Show, Neoliberalism, Urban Politics | 8 comments

I’m a Ford kid. I graduated from the high school I did because of Ford money. Graduated from undergrad out of Michigan because of Ford money. Went to grad school, got married to the woman i did, and had the children i did, indirectly because of Ford money. But...
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