Escalating bankruptcies in the nation’s coal industry paint a grim future for the industry and for coal miners and their families. The bankruptcies, sweeping the coal fields everywhere, have affected the largest and smallest mines. As a result, thousands of coal miners have been laid off.
Bankruptcy
Chicago teachers prepare to strike
June 29, 2015Over 1,000 teachers and labor supporters rallied three weeks before the Chicago Teachers Union contract expires. The Thompson Center plaza was a sea of red T-shirts with teachers and other unionists chanting “This means war!” about the contract battle ahead.
Detroit: houses lost, pensions looted
November 22, 2014etroit—As expected, Judge Stephen Rhodes ruled Nov. 7 that Detroit’s Plan of Adjustment was fair and feasible and allowed the City of Detroit to exit bankruptcy. One retiree termed the jovial press conference with the Mayor, Council President, Emergency Manager and Governor Rick Snyder as “sickening.” Thanks to the media, people believe retirees voted “overwhelmingly” for a 4.5% cut to their pensions. Half the retirees did not vote…
Detroit workers fight for jobs and pensions
December 4, 2013Yesterday, a judge approved Detroit bankruptcy. Emergency manager Kevyn Orr outrageously claimed that the attack on workers’ pensions would be “thoughtful, measured and humane.” Read the News & Letters article for a view from the other side of the class struggle.