Today in Labor History: Weekend Edition
March 14—The movie Salt of the Earth opens. The classic film centers on a long and difficult strike led by Mexican-American and Anglo zinc miners in New Mexico. Real miners perform in the film, in which the miners’ wives—as they did in real life—take to the picket lines after the strikers are enjoined – 1954
March 15—The Wall Street Journal begins a series alleging insider stock deals at the union-owned Union Labor Life Insurance Co. (ULLICO). After three years a settlement was reached with Robert Georgine, a building trades leader serving as ULLICO president and CEO, requiring him to repay about $2.6 million in profits from the sale of ULLICO stock, forfeit $10 million in compensation and make other payments worth about $4.4 million. All but two of the company’s directors were said to have profited from the deals – 2002
March 16—The United Federation of Teachers (UFT) is formed in New York to represent New York City public school teachers and, later, other education workers in the city – 1960
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Labor Video: Myths vs. Facts on Trade
Take a walk down memory lane to hear Presidents Obama, H. W. Bush, Clinton, and former Federal Reserve Chairman Alan Greenspan espouse the benefits of various ‘free trade’ deals like NAFTA… but what has been the performance of those deals? Has their performance matched the promises? Click here to watch the video.