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Friday, Jan 30, 2009 8:05 PM UTC2009-01-30T20:05:00Zl, M j, Y g:i A T

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Members of Salon's Table Talk community share their tales from the recession this week.

Family Life

Families and Financial Meltdown

Inara – 03:55 pm Pacific Time – Jan 23, 2009 – #859 of 938

My family has now entered the financial meltdown stage, as my husband was let go from his job last week. He held a management position and was terminated without warning. Our finances were rocky even before this happened and I was looking for a job myself. Now we are both out of work with two kids, a mortgage, and a whopping four weeks of severance.

Our biggest concern is healthcare. DH has a heart condition and I have MS. We cannot go without insurance and risk being declined for preexisting conditions once we have benefits again. So, it’s COBRA for us, and the premiums are as much as DH’s unemployment.

We’ll get by, I believe that. I’m just angry. My husband moved to Michigan and we left family and friends so he could take this job. He was never one to miss work, or slack off. His employees loved him. He spent a day over the holidays (we were on vacation visiting family in Philly) on the phone with his boss, working on performance reviews and fighting to make sure his employees were going to get the raises they deserved. He feels completely betrayed. I can’t help but be wishing all kinds of bad things to happen to his bitch of a boss.

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Friday, Feb 17, 2012 2:02 PM UTC2012-02-17T14:02:00Zl, M j, Y g:i A T

Billionaire Romney donor uses threats to silence critics

Frank VanderSloot, Romney finance co-chair, suppresses scrutiny by threatening reporters and bloggers

Frank VanderSloot, left, and Mitt Romney

Frank VanderSloot, left, and Mitt Romney  (Credit: AP)

Frank VanderSloot is an Idaho billionaire and the CEO of Melaleuca, Inc., a controversial billion-dollar-a-year company which peddles dietary supplements and cleaning products; back in 2004, Forbes, echoing complaints to government agencies, described the company as “a pyramid selling organization, built along the lines of Herbalife and Amway.” VanderSloot has long used his wealth to advance numerous right-wing political causes. Currently, he is the national finance co-chair of the Mitt Romney presidential campaign, and his company has become one of the largest donors ($1 million) to the ostensibly “independent” pro-Romney SuperPAC, Restore Our Future. Melaleuca’s get-rich pitches have in the past caused Michigan regulators to take action, resulting in the company’s entering into a voluntary agreement to “not engage in the marketing and promotion of an illegal pyramid”‘; it entered into a separate voluntary agreement with the Idaho attorney general’s office, which found that “certain independent marketing executives of Melaleuca” had violated Idaho law; and the Food and Drug Administration previously accused Melaleuca of deceiving consumers about some of its supplements.

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Glenn Greenwald

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Friday, Feb 17, 2012 2:00 PM UTC2012-02-17T14:00:00Zl, M j, Y g:i A T

Secret papers turn up heat on global-warming deniers

Purloined, secret documents suggest the Heartland Institute could have lobbying plans, in violation of IRS rules

A spewing stack of a coking factory is seen in Huaibei

 (Credit: Reuters)

With Al Gore way down in Antarctica inspecting melting glaciers, and America’s unusually mild winter providing a respite from seasons of freakish droughts, floods, Nome-style whiteouts and the hurricane that ravaged Vermont, the issue of man-caused global warming has been out of sight and mind.

But virtually all scientists continue to believe that most indicators suggest the world as we know it is slowly ending, and that humans are to blame.  Nature – oceans, deserts, crops, animals and insects – is in the process of being transformed by rising temperatures due to the fuel we burn to stay warm or cool, and to power factories, cars and jets. In the academies, the argument now is only between experts who predict “bad” and those who predict “catastrophe.”

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Nina Burleigh (www.ninaburleigh.com) is author of “The Fatal Gift of Beauty: The Trials of Amanda Knox.”  More Nina Burleigh

Friday, Feb 17, 2012 1:15 PM UTC2012-02-17T13:15:00Zl, M j, Y g:i A T

The enormous mistake Mitt can never admit

Little did he know what a gift he was giving Democrats when he railed against the auto industry bailout

Mitt Romney

Republican presidential candidate, former Massachusetts Gov. Mitt Romney pauses while speaking at the Livonia Chamber of Commerce luncheon in Farmington Hills, Mich., Thursday, Feb. 16, 2012. (AP Photo/Gerald Herbert)  (Credit: AP)

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On the subject of the federal government’s bailout of Chrysler and General Motors, it has become essentially impossible for Mitt Romney to say anything coherent.

Romney’s problem, of course, is that he positioned himself as the face of bailout opposition, arguing in a November 18, 2008 New York Times Op-Ed that “if General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye.” But with the passage of time, that position has become more and more laughable — especially on a day like Thursday, when GM announced record profits ($7.6 billion) for 2011, which will result in nearly 50,000 hourly workers receiving profit-sharing checks of $7,000.

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Steve Kornacki

Steve Kornacki writes about politics for Salon. Reach him by email at SKornacki@salon.com and follow him on Twitter @SteveKornacki  More Steve Kornacki

Friday, Feb 17, 2012 12:00 PM UTC2012-02-17T12:00:00Zl, M j, Y g:i A T

Is China our future?

If we don't want six-day workweeks at rock-bottom pay, we need to rethink how America's free market functions

An employee works at the Yiwu Lianfa clothing factory in Yiwu, Zhejiang province, June 8, 2011

An employee works at the Yiwu Lianfa clothing factory in Yiwu, Zhejiang province, June 8, 2011  (Credit: Carlos Barria / Reuters)

For the last two decades, we’ve heard many myths purporting to explain the loss of American manufacturing jobs. CEOs, for instance, typically say they have sent jobs overseas because they can’t find skilled American workers. Conservative economists say the giant sucking sound is that of technology replacing obsolete workers. And conservative politicians say job loss is the result of high corporate tax rates, even though ours are among the lowest effective corporate tax rates in the industrialized world.

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David Sirota

David Sirota is a best-selling author of the new book "Back to Our Future: How the 1980s Explain the World We Live In Now." He hosts the morning show on AM760 in Colorado. E-mail him at ds@davidsirota.com, follow him on Twitter @davidsirota or visit his website at www.davidsirota.com.  More David Sirota

Friday, Feb 17, 2012 10:07 AM UTC2012-02-17T10:07:00Zl, M j, Y g:i A T

Erin Burnett: Worst of the worst

The CNN host speaks on the "frightening" Iranian threat in ways that have to be seen to be believed

VIDEO
Erin Burnett

Erin Burnett  (Credit: AP/Amanda Schwab)

(updated below)

I’m finishing up a long investigative article that will be posted later this morning, but I just could not let go unnoted this commentary on The Iranian Threat by CNN’s Erin Burnett (“frightening,” she observed). I barely know what to say about it — the critiques of media fear-mongering I wrote the last two days apply in spades to this — but it really just mocks itself. It’s the sort of thing you would produce if you set out to create a mean-spirited parody of mindless, war-hungry, fear-mongering media stars, but you wouldn’t dare go this far because you’d want the parody to have a feel of realism to it, and this would be way too extreme to be believable. She really hauled it all out: WMDs! Terrorist sleeper cells in the U.S. controlled by Tehran! Iran’s long-range nuclear missiles reaching our homeland!!!! She almost made the anti-Muslim war-mongering fanatic she brought on to interview, Rep. Peter King, appear sober and reasonable by comparison.

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Glenn Greenwald

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