Poor People’s Campaign Is The Angry Response To Inequality America Needs

Leo W. Gerard

Leo W. Gerard USW International President

For the past half century, Americans have allowed the wealthy to get away with economic murder. Income inequality has risen to pre-Great Depression levels. Compensation for CEOs skyrocketed while wages for the rest stagnated. The wealthy received fat tax breaks even as workers got a pittance. Just this month, America’s high rollers bought dozens of paintings at prices tens of millions higher than anticipated during auctions at hoity-toity Christie’s and Sotheby’s.

And all of this has occurred with barely more than a peep of protest from the populace, no more than a few here today, gone tomorrow Occupy Wall Street sit-ins.

This month is not, however, business as usual. Two Mondays ago, a bunch of dedicated rabble-rousers launched a new Poor People’s Campaign. Thousands demonstrated in Washington, D.C., including members of the union I lead, the United Steelworkers. The group, led by the Rev. William Barber II and the Rev. Liz Theoharis, plans actions in 30 states over 40 days. This past week, dozens of Poor People’s Campaign activists were again arrested in Washington, D.C., as they demanded restoration of the Voting Rights Act.

The campaign is dedicated to the idea that “people should not live in or die from poverty in the richest nation ever to exist.” Its revival could not be more urgent or timely.

For more, click here: https://www.huffingtonpost.com/entry/opinion-gerard-poor-peoples-campaign_us_5b086698e4b0fdb2aa538846

Leo W. Gerard also is a member of the AFL-CIO Executive Committee and chairs the labor federation’s Public Policy Committee. President Barack Obama appointed him to the President’s Advisory Committee on Trade Policy and Negotiation and the President's Advanced Manufacturing Partnership Steering Committee 2.0. He serves as co-chairman of the BlueGreen Alliance and on the boards of Campaign for America’s Future and the Economic Policy Institute.  He is a member of the executive committee for IndustriALL Global Labor federation and was instrumental in creating Workers Uniting, the first global union. Follow @USWBlogger

Posted In: From the USW International President

Union Matters

No Money for Pensions, But Plenty for Parties

Sam Pizzigati

Sam Pizzigati Editor, Too Much online magazine

Private equity work has been sweet for Marc Leder, the numero uno at Sun Capital Partners. He’s parlayed his takeovers of troubled firms into a fortune big enough to make him a co-owner of the Philadelphia 76ers in basketball and the New Jersey Devils in hockey. New York’s tabloids, meanwhile, have come to dub the hard-partying Leder “the Hugh Hefner of the Hamptons.” The secret to his success? Private-equity firms, notes Center for Economic and Policy Research economist Eileen Appelbaum, plunder assets from the companies they buy, then send them into bankruptcy to sidestep their obligations to workers. Over the past decade alone, Sun Capital has bankrupted five firms and left their pension funds $280 million short. Leder, for his part, claims that the “vast majority” of Sun Capital deals have been successful. And he only parties hearty, the private-equity kingpin adds, 25 nights a year.

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How We Got Here

How We Got Here