Organized Labor and Politics in LA
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The union movement is flexing its political muscles in Los Angeles County. The Federation of Labor is telling its 800,000 members that they can determine the winners and losers of local elections. Total turnout in many districts is so low that union members alone can determine the outcomes. We’ll talk with the head of the Federation and others about what that could mean. Also tonight, the Bush Administration and sub-prime foreclosures.
LA’s Organized Labor beats its Drum ()
- Maria Elena Durazo: Executive Secretary-Treasurer of the LA County Federation of Labor
- Allan Hoffenblum: Republican political consultant
- Marty Cooper: Member of LA City Council’s Business Retention and Attraction Task Force
Federal Plan to Freeze Mortgage Rates—Will It Help California’s Foreclosure Crisis? ()
Last week, Governor Schwarzenegger made a deal with four lenders to temporarily freeze monthly payments after interest rates rise on some sub-prime mortgates. Tomorrow, President Bush is expected to announce a similar program.
- Stuart Gabriel: Director of the Ziman Center for Real Estate and Professor of Finance at UCLA, @uclaanderson
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UnderwritersWhich Way L.A.? is made possible in part by the Ralph M. Parsons Foundation, the Nathan Cummings Foundation, and the John Randolph Haynes and Dora Haynes Foundation, which supports study and research into policy issues of the Los Angeles region.
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