Page 5 - Bargaining Leverage News Today

If they agree to pay, then they pay. if they dont agree to pay, then it goes to the panel for review. that sounds like a fair way of a check and balance system to see, can the right thing be done, and can it be done quickly? zbl lets talk about strategic retreat. in military terms, if you know youre losing, you go back and fight another day. is that what tony hayward and his people decided to do before they went to the white house yesterday? >> they have no bargaining leverage whatsoever. they a...

Nuclear and ill do offshore drilling, the things that you really want. then he would get a grand bargain on an overall energy strategy. hes in effect made a peremptory concession on this. hes lost some of his bargaining leverage. this is a different form of leadership than what were accustomed to. im surprised. but im not at all surprised that he embraced it ultimately. hes been telling us that in various ways. >> i guess some are already suggesting he wants to reposition himself more towards th...

Spending. >> 10%. >> you can cut across the board. what that has affected so far, in government spending. astronomical levels has gone down the past couple years because of this, theres a new round of sequester cuts. set to take effect early next year. thats looming out there, the democrats would like very much to have those cuts lifted. and gives the republicans some bargaining leverage as they try to work these other things out. >> final thing. i think it behooves the gop, the republican party...

Certainly, but the crisis is not a debt crisis right now. its a jobs and wages and growth crisis. i think the president has got to speak to they people and come up with a real jobs plan. >> when theyre sitting around talking a breakfast, perhaps at the local dinee, or late at night when they get together with the guys, what do they want to hear this president do to regain the stature he had coming into the offices? >> to do, not talk about. >> i think they want him number one to do things like e...

Certainly, but the crisis is not a debt crisis right now. its a jobs and wages and growth crisis. i think the president has got to speak to they people and come up with a real jobs plan. >> when theyre sitting around talking a breakfast, perhaps at the local dinee, or late at night when they get together with the guys, what do they want to hear this president do to regain the stature he had coming into the offices? >> to do, not talk about. >> i think they want him number one to do things like e...

The first $20,000 of income from payroll taxes for at least two years. that would put money in peoples pockets, give them enough to start spending. number two, amend the bankruptcy laws, so people who are troubled homeowners, distressed homeowners, can declare bankruptcy on their primary residence. that would give them more bargaining leverage with their banks and service lenders, that would enable them to reorganize their mortgages, as housing prices continue to tumble, as more and more people ...

Obviously there are some who work for the president who are saying every time you can get house democrats angry with you, it makes you look like youre a moderate. and im all for compromise and moderation. but youve got to look at the content. and from a political standpoint, its just put out the headline, obama comp proo miromises with republicans. the content of that compromise matters. in this case, if we did not act, then in january the clinton estate tax bill would be in effect and if we had...

Years is in order to maintain their standard of living when their wages are going down, their hourly wages are going down, theyre not experiencing the same growth in wages they used to experience, they had to go into debt. but now they cant go into debt anymore, and if you have so much of the nations wealth and income going to people at the top, well, how is the middle class going to have the bargaining leverage, the buying power it needs to go back into the stores without going into debt to act...

Testimony. >> i think theyre picking some of the top people, some of the top lawyers. jamie ger ril lick under clinton. theyre getting the best lawyers in the country. why wouldnt bp go for the best lawyers? theyve got the biggest problem and the most money you. get the best lawyers. thats the way it works. what do you make of the $20 billion? theres been some skepticism about the $20 billion fund. can it mean faster payment under feinberg, under ken feinberg or look like its going to be faster?...

The way understand it, bp will pass on it first, if they agree to pay, they pay. if they dont it, goes to the panel for review. that stounds like a fairway of a check and balance system to see can the right thing be done and can it be done quickly. >> strategic retreat. in military terms it means you go back to higher ground. if you know youre losing you go back and fight another day. is that what tony hayward and his people decided to do before they went to the white house to agree to the $20 b...