State Rep. Renny Cushing of Hampton just spoke at #MarketBasket rally. “This is a watershed moment in history.” @seacoastonline — Jason Schreiber (@Schreibernews) July 25, 2014 Local media is covering today’s employee rally at Market Basket’s headquarters in Tewksbury, MA and the board meeting that is also under way in Boston. The ripple effect of the warehouse workers walkout that started a week ago has grown into a full-blown employee movement that has drawn thousands of employees to headquarter’s today, in support of ousted CEO Artie T. Demoulas. Watching the groundswell of support for Artie T. in the past week, one cannot help but marvel at the incredible testament of a the power of the people, to take on a feuding … Continue reading →
Yesterday I stopped by my local Market Basket in Newburyport, to see if they might have a few things I needed, although the stock on their shelves continue to dwindle, I was able to pick up the few necessities I stopped in for. I spent sometime there yesterday talking with a few employees I have gotten to know over my years of shopping there. Market Basket employees are a loyal bunch, they love their jobs and so many of them have been loyal employees for decades. Their loyalty was inspired by their ousted former boss, Arthur T. Demoulas, who was so beloved by his employees, that now many employees, across the supermarket chain’s stores are standing in protest to have … Continue reading →
I’m a loyal Market Basket customer. I shop at the Newburyport, MA store at least 3 – 4 times a week. I know many of the employees, some who are old friends, some who are just so pleasant with the customers that you can’t help but like them. I shop at Market Basket because they have the best prices around. Their meat and produce prices can’t be beat by any of the other supermarket chain stores in the area. A few weeks ago the beloved CEO of Market Basket Arthur T. Demoulas, was fired in the latest of the “seemingly never-ending soap opera of a feud with his rival cousin and shareholder Arthur S. Demoulas.” Market Basket employees are now putting … Continue reading →
Pew Research has released a new report that highlights post-recession statistics on multi-generational living, as a means of getting by in an economy that has been slow to recover. Pew Research notes in the report, “the declining employment and wages of less-educated young adults may be undercutting their capacity to live independently of their parents. Unemployed adults are much more likely to live in multi-generational households than adults with jobs are.” As American’s continue to struggle financially in the post-recession economy, here’s a look at Sixty Years of Poverty in the United States: In the past fifty to sixty years, poverty in America has been a political issue that is tossed about quite a bit during the Presidential and Congressional … Continue reading →
As a single mother who raised a child alone in America, I know full well what a difficult task that is, especially struggling through poverty through most of the years that I raised my daughter alone. When I read the stories about the children from Central America striking out on their own to reach the safety of what they think in some idolized fashion, is sanctuary in America, my heart breaks. My heart breaks, because on some subliminal level, as a single mother, I can only imagine how much harder it is to raise children alone in Central America, where lawlessness is common thread of the culture. Furthering my discomfort about the facts that drive these children to our borders, is … Continue reading →
by Walter Brasch Gas prices at the pump during the July 4th extended weekend were the highest they have been in six years. This, of course, has little to do with supply-and-demand economics. It has everything to do with supply-and-gouge profits. Over the past decade, the five largest oil companies have earned more than $1 trillion in profits. Last year, the Big Five—BP, Chevron, ConocoPhillips, Exxon Mobil, and Shell—earned about $93 billion in profits. Their CEOs last year earned an average of about $20 million. Included within the profits is $2.4 billion in taxpayer subsidies because it’s hard to make a living when your hourly wage, assuming you work every hour of every day, is only $2,283. “We … Continue reading →
Around the country in the past couple of weeks drivers are beginning to feel a little more pain at the pumps as gas prices creep up yet again. NewHampshire apparently has taken one of the biggest hits in increased gas prices as the San Francisco Gate reports: Gas prices in New Hampshire are 21.1 cents a gallon higher than they were one year ago, and are 5.9 cents per gallon higher than a month ago. Businessweek notes today that prices should be dropping again.
Tonight when President takes to the podium for his State of the Union address, he will make it clear that “he will not wait for Congress to act on reversing the tide of economic disparity, as he uses his annual State of the Union address to outline a list of actions he will take without legislative approval.” Needless to say he’s already drawing fire from the GOP, as Speaker of the House John Boehner warns, Obama is heading for a “Brick Wall.” Personally, I think President Obama is on the right track… In excerpts of the speech released by the White House, Mr. Obama vows to confront growing economic inequality in America, noting that “upward mobility has stalled” and that “too … Continue reading →