The big "Bail Out The People" demonstration marched through Pittsburgh. There were somewhere between 3-5,000 people. They were peaceful. There was a contingent of anarchists, wearing masks of various types, shouting with raised fists which needless to say made the police really nervous.
Note - I was working on this post when I saw the news – if accurate – that Obama’s advisor on financial firm compensation Kenneth Feinberg is not going to cap pay or reveal any names. more »
This story just hit the news: "Pay czar" will not cap compensation, reveal names. (Apologies for using the idiotic Glenn Beck term "Czar" to describe an adviser to the President, but Reuters felt it was appropriate to use Glenn Beck's framing, so I have to in order to report on it.) more »
Today the world leaders attending the G-20 Summit get down to business. The main issues are economic restructuring to prevent another collapse, addressing trade imbalances, and discussions of climate change solutions. But the overriding issue for all of us boils down to jobs. more »
The G-20 Summit is wrapping up today. We can compare its performance to promises made in advance. Leaders discussed financial markets, of course, but they also made promises about jobs and work. Some highlights:more »
I took a walk across town to the United Steelworkers building, which turned out to be pretty much deserted. I walked down the main streets where the businesses were largely closed, the sidewalks were ... deserted. Except for lots of cops. The office buildings are closed, some have concrete barriers around them. more »
I am in Pittsburgh for the G20. The big issues here are,
Economic restructuring to prevent another collapse, including regulation of banks, with banker pay a key component of what other countries are identifying as a problem,
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