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El Niño has arrived — and it will likely be the hottest in human history. It may already have made its presence felt in the April-May heat wave in Asia. The current heat waves in Mexico and the U.S. bear its imprint too.
The extreme heat of the upcoming El Niño years should compel us to subordinate profit motives to urgent climate goals. This article first appeared at Truthout.
They reinvest. that's how it workings. >> just like nancy pelosi with every stimulus program. >> it is trickle down economics my frnd. >> go a head, wayne. we have a perfect accident in the automobile industry. wages got so crazy and wildly out of hand. you had to bail out general motors. who pays for that? your money gets to pay automobile worker in detroit. it is crazy and makes no sense. not competitive. >> kimberly, wrap it up. >> figure it out. hire me and come to my state. i am willing to work. i would rather have a job than not have a job, that's the bottom loin. >> way to wrap it up ni...
>> he was willing to let detroit go bankrupt. i don't think he understood that saving the automobile worker, the saving the industry, what it meant to all of america, not just auto workers. i think he saw it the bain way. i mean this sincerely. i think he saw it in terms of balance sheets and write-offs. >> for more on the bain way, i'm joined by the author of the rolling stone cover story greed and debt. the true story of mitt romney and bain capital. matt taibbi contributing editor for "rolling stone." what is the bain way?
Automobile industry when so many others just were prepared to walk away. you know, when i look back -- when i look back now -- when i look back on the president's decision, i think of another son of another automobile man, mitt romney. mitt romney grew up in detroit. my dad managed his dad owned -- his dad ran an entire automobile company, american motors. yes, what i don't understand, in spite of that, he was willing to let detroit go bankrupt. i don't think he's a bad guy. no, no. i don't think he's a bad guy. im sure he grew up loving cars as much as i did. what i don't understand, what i d...