Ep 140: Wall Street Looting; Airline Workers Demand Fair Pay; What about the Minimum Wage Bill?
Episode 140: I like the ring of The Stop Wall Street Looting Act, don’t you? True, it’s part of the business model of the joint, especially the private equity pirates. The Act is, in fact, aimed squarely at the private equity industry, who have stripped and destroyed hundreds of companies. I’ll talk about the Act with the national expert on the industry, Eileen Appelbaum, the co-director of the Center for Economic and Policy Research. When you are sitting on your airplane ready to take off, you’ve probably seen those LSG Sky Chefs catering trucks driving up to service your plane with the sumptuous menu of crackers and peanuts. Thousands of those catering workers are low paid, and have to pay for expensive ,mediocre health insurance—and they are preparing for a possible strike to get some justice on the job. I’ll be speaking with one of the workers on today’s program. Lastly, you may have heard a minimum wage bill passed the House which would hike the minimum wage to $15 by 2025. Judy Conti, the government affairs director of the National Employment Law Project, chats with me about the bill—and what happens next.
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