Re: [OPE] Economic Stimulus and Economically Distressed Workers

From: Paul Cockshott <wpc@dcs.gla.ac.uk>
Date: Tue Sep 30 2008 - 04:34:54 EDT

Gerald Levy wrote:
Is there any movement in the US that attempts to resist home seizures by
the banks by direct action?
> ----- Original Message -----
> *From:* mzweig@notes.cc.sunysb.edu <mailto:mzweig@notes.cc.sunysb.edu>
> *Subject:* Economic Stimulus and Economically Distressed Workers
>
>
> Dear Friends and Colleagues:
>
> I am pleased to announce the release of a new study from the Center
> for Study of Working Class LIfe
>
>
> *Economic Stimulus and Economically Distressed Workers *
>
> by Michael Zweig, Junyi Zhu, and Daniel Wolman
>
> As the financial crisis on Wall Street unfolds with intense media
> coverage, we are losing sight of another crisis: more than a million
> families across the United States will face foreclosure in the next
> six months as the last of the sub-prime mortgages contracted in 2006
> and early 2007 reset. Accelerating job losses and low wages aggravate
> the lives of tens of millions of families. In the rush to focus on
> Wall Street, these are the families whose lives must not be forgotten.
> These are the working people who need attention and help from a new
> stimulus package as well as structural economic reforms. This study
> focuses on the needs of these economically distressed workers and
> proposes economic policies that will improve their lives while
> strengthening the overall economy.
>
> Full Report
> <http://www.stonybrook.edu/workingclass/resources/distress_full.pdf>
>
> For futher information, contact Michael Zweig, Director, Center for
> Study of Working Class Life <http://www.workingclass.sunysb.edu>
>
> 631-632-7536 or email Michael.Zweig@stonybrook.edu
> <mailto:Michael.Zweig@stonybrook.edu>.
>
>
>
> ------------------------------------------------------------------------
>
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Received on Tue Sep 30 04:38:26 2008

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