Reading Michael Moore’s account of the GM bankruptcy announcement from “GM town,” Flint, Michigan (with over 40% of its workers employed by GM), I’m reminded of what it was like to work for R.R. Donnelley &; Sons in Crawfordsville, Indiana, when they announced a 70% reduction in force. Donnelley was the major employer and when it shed over 3.300 jobs in a town of 13,000 it landed with the force of a tsunami....

The financial bailout of the financial markets, a Hail Mary play to be sure, may cost US taxpayers in excess of $700 billion. That’s about $2,500 McDonald’s apple pies per American as one late night funster commented. It’s also about 220 Rolexes or 175 Prada bags (I need to go shopping). Already organized labor is positioning itself. Instead of wanting a piece of the $700 billion pie, it wants Congress to add money to the...