La campaña PODER del gobernador Rosselló no defiende el interés de los puertorriqueños
La campaña PODER del gobernador Rosselló no defiende el interés de los puertorriqueños
En los últimos meses, el gobernador Ricardo Rosselló ha montado un “media tour” en varios estados que cuentan con importantes segmentos de la diáspora puertorriqueña. El gobernador se ha...
En los últimos meses, el gobernador Ricardo Rosselló ha montado un “media tour” en varios estados que cuentan con importantes segmentos de la diáspora puertorriqueña. El gobernador se ha presentado como héroe nacional luchando contra las políticas abusivas del gobierno federal.
Lea el artículo completo aquí.
Already Low Wages Fell Further in February
03.04.2016
Derek Laney, Co-Director of Missourians Organizing for Reform and Empowerment, released the following statement on behalf of the Fed Up coalition:
...03.04.2016
Derek Laney, Co-Director of Missourians Organizing for Reform and Empowerment, released the following statement on behalf of the Fed Up coalition:
“Although the US economy added jobs last month, economic activity slowed in cities like my hometown of St. Louis. Too many workers here and elsewhere are still waiting to benefit from a sluggish economic recovery.
In December, the Fed ignored the voices of our coalition and the advice of many economists by voting to slow down the economy. We are seeing the consequences. Today’s jobs report showed that wages, which were already too low, fell further last month.
Low- and middle-income families, particularly in Black and Latino communities, know that our economy is still far too weak. There aren’t enough good jobs to go around, and millions of people are still struggling to get the hours and wages that they need. The Fed needs to pay attention to the data and pay attention to the voices of the American public. It must do all it can to let our wages grow."
www.whatrecovery.com
### Fed Up is a coalition of community organizations and labor unions across the country, campaigning for the Federal Reserve to adopt pro-worker policies for the rest of us. The Fed can keep interest rates low, give the economy a fair chance to recover, and prioritize full employment and rising wages.
The Center for Popular Democracy promotes equity, opportunity, and a dynamic democracy in partnership with innovative base-building organizations, organizing networks and alliances, and progressive unions across the country. CPD builds the strength and capacity of democratic organizations to envision and advance a pro-worker, pro-immigrant, racial justice agenda.
Media Contacts:
Anita Jain, ajain@populardemocracy.org, 347-636-9761
Sofie Tholl, stholl@populardemocracy.org, 646-509-5558
Here's How to Make the Fed More Transparent and Accountable
The Federal Reserve has long faced fierce scrutiny from members of Congress, community leaders, and the press for its lack of transparency. Fed Chair Janet Yellen,...
The Federal Reserve has long faced fierce scrutiny from members of Congress, community leaders, and the press for its lack of transparency. Fed Chair Janet Yellen, still early in her term, has signaled an intention to improve transparency and hold the Fed accountable to the public interest, and she’ll face an important test this month as she starts deciding whom to appoint to the newly formed Community Advisory Council.
In the most recent example of Fed’s insular system of governance, Bloomberg Business revealed concerning news about the recent appointment of Patrick Harker as president of the Philadelphia Federal Reserve. Harker had served on the bank’s Board of Directors prior to his appointment, and was even on the search committee interviewing candidates for the presidential slot. Then, in a behind-the-scenes maneuver reminiscent of Dick Cheney’s infamous self-selection as George W. Bush’s running mate, Harker became a candidate for the job himself, and was swiftly chosen by his Board colleagues. Harker’s shadowy appointment process was par for the course at the Fed. In Dallas, the presidential appointment process has been downright dynastic: the outgoing president, Richard Fisher, appointed an advisory committee made up of the people who appointed him to help select his successor.
Chair Yellen has an immediate opportunity to reverse course and change the face of the Fed. This year, the Fed announced the creation of a Community Advisory Council, intended to offer Fed leaders “diverse perspectives” on the economy, “with a particular focus on the concerns of low- and moderate-income populations.” Applications for the Community Advisory Council were due last week. The question facing Fed officials is whether they will appoint individuals to the Council who represent low- and moderate-income voices, or whether the Council will be another elite echo chamber (one earlier predecessor to the Council was heavy on members from for-profit lenders like Capital One and Citigroup—hardly organizations representing the interests of working families).
The announcement of the CAC was a direct response to growing demand for greater public representation at the Fed, and it’s not hard to see why. Of the 108 members of the 12 banks’ boards of directors (which select and oversee those 12 presidents), only 15 come from the nonprofit sector, academia, or labor organizations. The other 93 come from corporations or banks, even though the law requires that two-thirds represent a “diverse” set of interests, including those of labor and consumers. Fed officials lack diversity in other ways, too: among governors and presidents, all but one are white, and the vast majority are men.
Fed officials have huge power over the American economy: They vote on crucial monetary policy decisions, determining whether we reach full employment with rising wages for all or whether the economy continues toward stagnation and inequality. As long as Fed bodies are dominated by the financial sector, their decisions will reflect the perspectives of the very entities the Fed is meant to oversee, rather than the working families across the country who need higher wages and more equitable economic growth.
So, who will lead the Fed in the years to come? Next February, the terms of all 12 regional Fed presidents expire. Their respective Boards of Directors will decide whether to reappoint the presidents or replace them. A coalition of community-based organizations, faith leaders, policy advocates, and labor unions are calling for the Federal Reserve to make this process more transparent. At a bare minimum, the banks should publicize the schedule for the decision-making, the names and roles of the decision-makers, the criteria that will govern the process, and the names of candidates under consideration. A more public process would involve the opportunity for members of the public to serve on the search committees, mechanisms for the public to submit questions and receive answers from prospective candidates, and public forums where Fed officials actually engage in dialogue with the people whom they are supposed to represent. Chair Yellen and officials at the Fed have the power to implement such reforms, and their decisions will speak volumes about their commitment to building an independent central bank with democratic legitimacy.
Janet Yellen’s appointment as the first woman to lead the Fed signaled that change might be coming to a historically opaque institution. But to truly transform the Fed, Yellen and her fellow governors must ensure that the voices of working families aren’t drowned out by wealthy financial interests. The first step is ensuring that the new CAC lives up to its mission by including women, people of color, and representatives of organizations with low- and moderate-income members. It could even directly install some low- and moderate-income individuals on the Council. That would indeed bring new perspective to an institution that has, for too long, been dominated by the voices of America’s elite.
Source: The American Prospect
Has Starbucks Broken a Promise to Its Employees?
Baristas are among the 10 job titles that received the biggest pay hikes this...
Baristas are among the 10 job titles that received the biggest pay hikes this year, but CBS MoneyWatch reports that some Starbucks baristas may be getting shortchanged in another way.
Last year, Starbucks promised to start posting employees’ work schedules at least 10 days in advance after a New York Times article titled “Working Anything but 9 to 5” detailed the burdens employees faced because they were receiving only a few days’ notice about their schedules.
But by some accounts, Starbucks’ promise has yet to become a reality.
One student tells CBS that “wild inconsistency” plagues his Starbucks work schedules and that lack of advance notice forced him to pay a co-worker to cover one shift so he could take an exam.
A report released this month by the nonprofit Center for Popular Democracy — “The Grind: Striving for Scheduling Fairness at Starbucks” — questions six facets of Starbucks’ scheduling practices:
Unpredictable workweeks.
Inconsistency in days, times and amounts of work.
Insufficient rest due to working “clopen” shifts (when employees are scheduled to close one night and to open the store early the next morning).
Obstacles to taking sick leave.
Understaffing and insufficient hours.
Failure to honor employees’ availability.
Carrie Gleason, director of the Fair Workweek Initiative at the Center for Popular Democracy and a co-author of the organization’s report, tells CBS that even though Starbucks “has the values and wants to do right by their employees,” many troubling issues persist.
CBS reports that Starbucks did not respond to its requests for comment. In an internal memo later published by Time, Starbucks executive Cliff Burrows wrote that the company couldn’t validate the survey, but noted that:
“The findings suggest, contrary to the expectations we have in place, that some partners are receiving their schedules less than one week in advance and that there is a continuing issue with some partners working a close and then an opening shift the following morning.”
Burrows also asked store managers “to go the extra mile to ensure partners have a consistent schedule.”
Source: MoneyTalks News
Seis meses después de “María”, Puerto Rico sigue en lucha por reconstrucción
Seis meses después de “María”, Puerto Rico sigue en lucha por reconstrucción
“Tuesday, March 20th from organizations across the nation take to the streets in DC to make sure that @fema, Congress, and the Trump Administration hear our demands.”
...
“Tuesday, March 20th from organizations across the nation take to the streets in DC to make sure that @fema, Congress, and the Trump Administration hear our demands.”
Read the full article here.
Lange, unregelmäßige Arbeitszeit: Starbucks weiter in der Kritik
Die Kritik vieler Mitarbeiter an den Arbeitsbedingungen bei der Kaffeehauskette Starbucks hat für einen neuen Begriff im Wortschatz vieler US-Amerikaner gesorgt: "Clopening". Für viele...
Die Kritik vieler Mitarbeiter an den Arbeitsbedingungen bei der Kaffeehauskette Starbucks hat für einen neuen Begriff im Wortschatz vieler US-Amerikaner gesorgt: "Clopening". Für viele Mitarbeiter ist das späte Schließen und das morgendliche Öffnen der Filialen durch ein und dieselbe Person eine hohe Belastung. Im vergangenen Jahr gelobte Starbucks Besserung, nachdem die "New York Times" ausführlich über Praktiken wie das "Clopening" berichtet hatte. Die Kritik richtete sich gegen die unregelmäßigen und zum Teil überlangen Arbeitszeiten, die den Mitarbeitern nur sehr kurzfristig mitgeteilt würden.
Hat sich seither etwas gebessert? Nein, schreibt die NGO Center for Popular Democracy in einer ausführlichen Analyse. Zuvor wurden Mitarbeiter befragt. Diese bemängeln nicht nur die weiterhin vorkommenden "Clopenings", sondern auch die Schwierigkeit, bei Krankheit Ersatz zu finden – ein Mitarbeiter bezeichnet es als anstrengender, selbst so lange durchzutelefonieren, bis er einen Springer gefunden hat, als einfach selbst krank zur Arbeit zu gehen. Problematisch sei auch die chronische Unterbesetzung der Filialen, die sich wiederum auf die Arbeitszeit auswirke.
Missstände auch in Europa
Starbucks ist nicht die einzige Kette, die ihren Mitarbeitern einiges abverlangt. Die Kritik findet in den USA deswegen so großes Echo, weil Starbucks seine Mitarbeiter als "Partner" bezeichnet und die Philosophie verfolgt, "den menschlichen Geist zu inspirieren und zu nähren". Es ist nicht das erste Mal, dass die sozial und umweltbewusst wirkende Unternehmensphilosophie (Fairtrade, Aktionen gegen Rassismus, bezahlte Ausbildung, Krankenversicherung) auf die Kaffeehauskette zurückfällt.
Beschwerden gab es in den vergangenen Jahren einige – auch außerhalb der USA. 2010 schleuste sich ein ZDF-Reporter in eine Starbucks-Filiale auf dem Frankfurter Flughafen ein und wurde Zeuge eines harten Arbeitsalltags: Abmahnungen gebe es teilweise wegen falscher Sockenfarbe, fiebrige Mitarbeiter durften nicht nach Hause gehen.
Dass sich bei Arbeitszeit und Dienstplänen nichts zum Positiven geändert hat, sieht man in der Führungsebene von Starbucks naturgemäß anders: "Wir sind die Ersten, die zugeben, dass wir viel Arbeit vor uns haben", sagte Unternehmenssprecherin Jaime Riley der "New York Times". Alle Angestellten würden ihre Dienstpläne mittlerweile mindestens zehn Tage im Voraus bekommen. In alle Filialen durchgedrungen sei diese Praxis aber noch nicht, heißt es in der Analyse des Center for Popular Democracy. (lhag, 25.9.2015)
Untersuchung des Center for Popular Democracy zu Dienstplänen
"New York Times"-Enthüllungen 2014
"New York Times"-Status-quo-Bericht 2015
Kooperation zwischen Starbucks und der Arizona State University
Source: derStandard.at
Columbia Law Students Ready for Public Service Fellowships
“As the son of immigrants from Ecuador, Miranda said he developed an “intimate understanding of the injustices faced by marginalized communities.” He carried this understanding to Columbia Law...
“As the son of immigrants from Ecuador, Miranda said he developed an “intimate understanding of the injustices faced by marginalized communities.” He carried this understanding to Columbia Law School, holding internships at Bronx Legal Services (BXLS) and New York Lawyers for the Public Interest, in addition to an externship at the Center for Popular Democracy.”
Read the full article here.
Kansas City Social Justice Group Says Too Many Are Left Behind in Today’s Economic Growth
Kansas City Star - March 5, 2015, by Diane Stafford - When Andrew Kling dug into an economic research project, he was shocked to find there were more payday loan shops in Missouri than there were...
Kansas City Star - March 5, 2015, by Diane Stafford - When Andrew Kling dug into an economic research project, he was shocked to find there were more payday loan shops in Missouri than there were Wal-Mart, McDonald’s and Starbucks locations combined.
“In a time when Wall Street is reporting record profits, many low-income people are feeling the pain,” said Kling, communication manager for Communities Creating Opportunity.
His social justice organization, better known as CCO, held a rally Thursday in front of a small strip center at 63rd Street and Troost Avenue that houses a payday loan company and a fast-food restaurant.
“It’s an appropriate site for releasing our report,” he said.
CCO is seeking support for a “covenant for a moral economy” that among other things asks the Federal Reserve to pay attention to those at the bottom of the economic ladder when it considers raising interest rates this year.
Kling said CCO is concerned that the unemployed and underemployed are being victimized by predatory lending practices, and they’re getting no help because of “political gridlock” and employers that have kept “wages dangerously low.”
The Rev. Stan Runnels, rector of St. Paul’s Episcopal Church, 11 East 40th St. in Kansas City and a CCO participant, said a moral economy would include “wages that cover the costs of raising a family, where everyone has access to affordable credit in their communities.”
The rally also was planned to focus on racial inequality in the Kansas City area, where unemployment among blacks is 12.6 percent, compared with 5 percent for whites.
Kling said CCO research also found that from 2000 to 2014, the median wage for workers in Kansas was basically flat and the median wage in Missouri declined 2.5 percent.
Source
Read more here: http://www.kansascity.com/news/business/article12522674.html#storylink=cpy SourceLos trabajadores latinos quieren que la Fed les oiga
Lo cierto es que pese a la mejora económica la tasa de desempleo de latinos (6.8%) y negros (9.1%) es más elevada que la de los blancos (4.6%) y asiáticos (4%) y muchos de ellos trabajan por...
Lo cierto es que pese a la mejora económica la tasa de desempleo de latinos (6.8%) y negros (9.1%) es más elevada que la de los blancos (4.6%) y asiáticos (4%) y muchos de ellos trabajan por sueldos muy bajos. Muchos de ellos, como Rubio no sienten la recuperación. “Yo paso por los bares y los veo llenos incluso los lunes pero no todos podemos hacer eso, yo no”, explica.
Su inquietud por los más desfavorecidos le ha llevado a integrarse en la asociación comunitaria Make the Road para ayudar a los trabajadores, muchos de ellos latinos, de forma diferente a como lo hacía en su país. Desde hoy está en Jackson Hole, Wyoming, donde se reunen economistas de todo el mundo y representantes de bancos centrales para hablar de política monetaria. Rubio forma parte de un grupo de trabajadores y asociaciones de base de todo el país, en las que hay representación latina, que quieren convencer a la Reserva Federal de que no suba las tasas de interés. Su argumento es que si se quedan bajas como ahora “ayudarán a mejorar las condiciones laborales y crear más empleo”.
Rubio dice que la recuperación no ha llegado a los trabajadores como ella y que por eso no es momento de empezar a subir unas tasas que reconoce que están históricamente bajas(0%-0.25% desde diciembre de 2008) para estimular el crecimiento durante la reciente Gran Recesión.
“Lo que decide la Fed nos atañe a todos”, explica con convicción Rubio antes de hablar de la fuerte desigualdad laboral que hay y el hecho de que apenas hay inflación, motivo por el que no debería haber prisa por subir tasas o como dicen los economistas, normalizarlas. El programa de Jackson Hole y la lista de asistentes se hace público por el organizador de este encuentro anual, la Reserva Federal de Kansas City, hoy mismo pero ya se sabe que la presidenta de la Fed, Janet Yellen, no va a asistir. Rubio espera estar en algunas reuniones con parte de los asistentes.
“Uno piensa que no les van a ver pero ha veces que hay que pedir y abrir un caminito”, dice.
De hecho, Rubio, junto con otros trabajadores y activistas, ya se reunió este mismo mes con el presidente de la Reserva Federal de Nueva York, William Dudley. Según esta hondureña les dio la razón cuando se planteó la existencia de una desigualdad laboral y que no hay empleo para todos. Dudley dijo que dada la situación económica fuera de las fronteras la necesidad de subir las tasas es ahora “menos imperiosa”.
Ady Barkan, abogado del Centro de Democracia Popular que está impulsando la campaña “Fed Up” y estas peticiones ante la Reserva, explica que es necesario que las autoridades monetarias “presten atención a los trabajadores”.
“La economía no se ha recuperado, hay mucho desempleo entre negros y latinos, subempleo, baja participación en el mercado laboral y apenas hay subidas de salarios”, resume Barkan. Este abogado cree que la economía necesita tasas bajas para que las empresas sigan invirtiendo de forma barata y que haya préstamos asequibles que reactiven el consumo de todos.
Lo cierto es que las empresas tienen cash y algunos tipos de préstamos como los hipotecarios no han remontado lo esperado. “No obstante, si las tasas suben la situación será peor”, explica Barkan, “porque las empresas tendrán más motivos para quedarse sentadas en sus montañas de cash si tienen rendimiento de ellas y por que para invertir necesitan una inflación que no hay, ni habrá si suben tasas”.
“La economía tiene que calentarse un poco más”, dice. Barkan admite que las tasas bajas no son suficientes y que sería bueno que el Congreso hiciera algo además de subir el salario mínimo.
Representantes de la campaña de Fed Up ya se han reunido con Yellen y presidentes de otras reservas como la de Kansas, San Francisco y Atlanta entre otras, miembros de la Federal.
Dean Baker co director del Center for Economic and Policy Research de Washington publicaba recientemente que la subida “reducirá ingresos y oportunidades para quienes menos tienen”, una posición que también comparte el nobel de economía, Joseph Stiglitz.
¿Cuál es la misión de la Reserva Federal?
La Reserva Federal o Fed es uno de los reguladores de la banca y la autoridad que tiene en sus manos la política monetaria, es decir, regula la cantidad de dinero en circulación. ¿Su misión? Asegurarse de que se creen las condiciones de crédito y monetarias para conseguir el máximo empleo, precios estables (ni inflación ni deflación) y tasas de interés a largo plazo moderadas.
¿Cómo funcionan las tasas?
La Reserva Federal sube las tasas de interés a corto plazo, el dinero que se prestan los bancos entre sí, para retirar dinero del mercado y evitar las subidas de precios o inflación. Cuando las baja es porque los precios están bajos y falla el consumo. Al bajarlas se pone más dinero en circulación lo que, en teoría, animando la economía. Estas tasas a corto terminan reflejándose en las de largo plazo que son las que se usan en hipotecas y otros préstamos que se usan para comprar e invertir. Cuanto más se invierte y más crece la economía más y mejor trabajo se crea.
Source: La Raza
Gary Cohn publicly criticizes Trump's Charlottesville response and reportedly came close to resigning over it
Gary Cohn publicly criticizes Trump's Charlottesville response and reportedly came close to resigning over it
Top White House economic advisor Gary Cohn publicly criticized President Trump’s response to the violence in Charlottesville, Va., and reportedly came close to resigning over it.
In his...
Top White House economic advisor Gary Cohn publicly criticized President Trump’s response to the violence in Charlottesville, Va., and reportedly came close to resigning over it.
In his first public comments on the matter, Cohn told the Financial Times in an interview published Friday that the Trump administration “can and must do better in consistently and unequivocally condemning” white supremacists, neo-Nazis and the Ku Klux Klan.
Read the full article here.
3 days ago
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