GM to Close Lordstown Plant

Lordstown

Trump did literally nothing to save the plant. Others could have provided incentives. Remember it was the US government that bailed out GM with 50 billion taxpayer dollars, losing $10 billion.

The sad truth, however, is that in the end the real power to stay or go is not a public decision but a private/corporate one. GM holds all the cards — like all corporations do on economic decisions. Was a time when tax abatements were tied to retaining or increasing jobs, but those have largely lost the power they once had due to corporations being able to play one community/state/nation against another.

Attaining political democracy can only go so far without movement toward economic democracy. p.s. Of course, GM stock soared on the announcement.

Giving limits for city candidates would more than triple since 2010 with new proposal

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By Doug Livingston / Beacon Journal staff writer
December 19, 2016
http://www.ohio.com/news/local/giving-limits-for-city-candidates-would-more-than-triple-since-2010-with-new-proposal-1.734533

The reporter didn’t quite get it right regarding what I said needs to happen — not just public financing, but ultimately a constitutional amendment to abolish corporate personhood and money as speech.