Snowy Protest at Philly Fed
The Inquirer - March 5, 2015, by Joseph DiStefano - Ten cold protesters from a national group called Fed Up gathered at the Federal Reserve of Philadelphia in the storm this afternoon to urge the...
The Inquirer - March 5, 2015, by Joseph DiStefano - Ten cold protesters from a national group called Fed Up gathered at the Federal Reserve of Philadelphia in the storm this afternoon to urge the Fed to pay more attention to boosting employment and listening to groups representing wage workers and poor people.
The group, which includes labor union and church groups as well as local affilates such as North Philadelphia-based Action United, says its national leaders met with Federal Reserve Chairman Janet Yellen in Washington last year, but they have had a tough time getting Fed officials who oversee regional banks and regulatory teams, such as Charles Plosser, the free-market economist who retired in January as the Philly Fed President, to take them seriously. Other Fed Up affilates held protests in New York, Charlotte, St. Louis, and other Fed cities today. More are planned, said Shawn Sebastian of the liberal, Brooklyn-based Center for Popular Democracy, one of the groups supporting Fed Up.
"Plosser never gave us a meeting," said Action United leader Kendra Brooks, who said she's been organziing poor people to press for improved government job, education and housing programs since she was laid off from her management job at an Easter Seals affiliate in 2012. Herb Taylor, a veteran community-development manager for the Philly Fed, and other local Fed officials did meet with a Fed Up delegation last fall, and Philly Fed leaders have also held meetings with labor unions and community groups, Fed spokesman Jim Ely reminded the group.
"But they gave us crumbs," said Brooks, noting that labor and community-group leaders were not part of the inner circle who selected Plosser's replacement, University of Delaware President Patrick Harker, a Philly Fed board member who will take the top Philly Fed job in July.
Under Ed Boehne, Philadelphia Fed President from the 1970s into the 1990s, the Philly Fed forced banks to expand their inner-city direct-lending programs and ensured labor representation on the Fed board.
Brooks questioned whether Boehne's successors share that committment to listening to and serving all sectors. She said corporate executives like Comcast chief financial officer Michael Angelakis and investor James Nevels, who led the committee that chose Harker, don't represent a wide range of residents of the Philadelphia Federal Reserve district, which covers eastern Pennsylvania, South Jersey and Delaware.
"Comcast does not represent our community, the universities do not represent the community. We need our voices to be heard, also," she said.
Group leaders said they are frustrated the Fed has not pushed banks to be more flexible in setting payment terms for stressed homeowners, or show the forebearance banks often show to troubled corporate borrowers.
Action United member Lionel Rice said he's running out of time. He said he hadn't been able to find a job paying more than fast-food wages since he was laid off after 20 years at the Penn Maid dairy plant in Northeast Philadelphia three years ago. He said a housing finance agency is preparing to foreclose on his home in Olney.
Ely said he would bring the group's petition to Fed officials' attention.
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American Legislative Exchange Council lobbyist being exposed
American Legislative Exchange Council lobbyist being exposed
Niccolo Machiavelli would have been proud of the folks who support the American Legislative Exchange Council (ALEC). At the end of September the U.S. Department of Education approved another $245...
Niccolo Machiavelli would have been proud of the folks who support the American Legislative Exchange Council (ALEC). At the end of September the U.S. Department of Education approved another $245 million in grants to eight states under the federal Charter School Program. That brings to nearly $4 billion in charters in the last two and a half decades.
The Center for Popular Democracy spelled out in its report “Charter School Black Hole” how tax dollars have gone to “ghost schools,” charters that never opened. In the case of schools that did open only to fail, there was no accounting for money spent or assets purchased.
There was no accountability to the school children affected by charter fraud, waste, and incompetence. Virtual charters like the K12 operation performed markedly worse. They are similar to fantasy football games — those that are bet on but are never physically played.
Scores of major companies have abandoned ALEC after protests from their stockholders and clients. Recently the American Federation of State, County & Municipal Employees wrote to the CEO of AARP urging that group to get out of the lobbying group. They asked that the senior citizens group stop “endorsing an organization that brings corporate lobbyists and elected officials from around the country together to write anti-senior, anti-family legislation in a process that locks out the public and subverts our democratic process.” Among other things ALEC has pushed for is repeal of the Affordable Care Act.
Enterprise, the largest car rental company in the world, owns Enterprise Rent-A-Car, National and Alamo, has moved away from the lobbying juggernaut. Part of the push to accomplish that divorce came from a petition by a petition with 89,000 signatures.
The company’s membership in ALEC, which has poured considerable resources into denying and minimizing scientific efforts to quantify climate change, was brought to the Guardian’s attention by the watchdog group the Center for Media and Democracy.
Growing concern about climate change has led many high-tech companies such as eBay, Expedia, Facebook, Google, Microsoft, and Yahoo to abandon the ALEC ship. In 2015, environmental concerns pushed energy-industry giants, Royal Dutch Shell and BP, as well as the American Electric Power and the Canadian National Railway to quit.
A laundry list of model bills proposed in many state legislatures is very long — and very threatening.
For a listing of bills sponsored by ALEC, go to the website for the Center for Media and Democracy: www.alecexposed.org. Download the zip files of ALEC model bills for agriculture, energy, and the environment. Consider one such bill aimed at land use controls.
One bill would repeal all land use planning and zoning in rural counties by both county and state governments. Under the bill property could be put to any use, without regard for single-family, agricultural, or industrial zoning, or environmental land use restrictions. Under that restraint, no one could prevent a nude bar or body shop next to a school. Nor could local government prevent polluting industries from building in their jurisdiction.
If you want more information about the machinations of this cabal, simply contact Senator Josh Harkins and Representative Jim Beckett, who are chairmen of the Mississippi chapter.
In closing, consider these words from the ALEC website: “When states resort to tax carve-outs in a misguided attempt to grow their economies, they are ignoring the bigger problem — an uncompetitive tax climate. More fundamentally, government should budget for outcomes. This means identifying the core functions of state government and measuring results.”
Reviewing their handling of budgets and tax give aways in the past year, one can only wish they had taken their own advice.
TJ Ray is a retired professor of English at Ole Miss.
By Oxford Eagle Contributors
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#FedSoWhite? Lawmakers complain about Federal Reserve's lack of diversity
#FedSoWhite? Lawmakers complain about Federal Reserve's lack of diversity
More than 120 members of Congress say the Federal Reserve has a striking diversity problem similar to the one that hit Hollywood's Academy Awards the past two years, and it's harming the economic...
More than 120 members of Congress say the Federal Reserve has a striking diversity problem similar to the one that hit Hollywood's Academy Awards the past two years, and it's harming the economic prospects of millions of Americans.
The lawmakers -- including Sens. Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.), as well as Reps. Maxine Waters (D-Los Angeles) and John Conyers (D-Mich.) -- wrote to Fed Chairwoman Janet L. Yellen on Thursday complaining about what they called "the disproportionately white and male" leadership at the nation's central bank.
"Given the critical linkage between monetary policy and the experiences of hardworking Americans, the importance of ensuring that such positions are filled by persons that reflect and represent the interests of our diverse country, cannot be understated," said the letter, signed by 116 House members and 11 Senators.
"When the voices of women, African Americans, Latinos, and representatives of consumers and labor are excluded from key discussions, their interests are too often neglected," said the lawmakers, who were all Democrats except for Sanders, an independent running for the party's presidential nomination.
The diverse group of House and Senate members praised Yellen, the first woman to lead the Fed, for her "strong leadership" and efforts to help raise wages while combatting economic inequality.
But they said the Fed had failed to fulfill its statutory obligation to “represent the public, without discrimination on the basis of race, creed, color, sex, or national origin" and called on Yellen "to take steps to promptly begin to remedy this issue."
All five members of the Fed Board of Governors are white and three are men.
All 10 voting members this year of the Federal Open Market Committee (FOMC), the monetary policy-setting body that includes Fed governors and a rotating set of regional Fed bank presidents, also are white and six are men, the letter said.
In addition, 11 of the 12 regional Fed bank presidents are white and 10 are men, with no African Americans or Latinos.
When the voices of women, African Americans, Latinos, and representatives of consumers and labor are excluded from key discussions, their interests are too often neglected.
— Letter from lawmakers to Federal Reserve Chairwoman Janet L. Yellen
Regional presidents are appointed by the directors of each Fed bank. The Fed's Board of Governors in Washington approves the appointments.
In addition, the lawmakers cited a recent study by the Center for Popular Democracy, a worker advocacy group, that said that 39% of all regional Fed bank directors came from financial institutions, while 11% were from community, labor or academic organizations.
Fed spokesman David Skidmore said the central bank was "committed to fostering diversity -- by race, ethnicity, gender, and professional background -- within its leadership ranks."
The Fed's board has "focused considerable attention in recent years" on recruiting regional bank directors "with diverse backgrounds and experiences," he said.
Minority representation on the boards of Fed banks and branches increased to 24% this year from 16% in 2010, he said. And the proportion of women directors increased to 30% of the total from 23% during that period.
In a blog post in January, the former president of the Federal Reserve Bank of Minneapolis, Narayana Kocherlakota, raised concerns about diversity on the committee that sets monetary policy.
“There is one key source of economic difference in American life that is likely under-emphasized in FOMC deliberations: race,” he said.
Kocherlakota reviewed committee transcripts from 2010, the most recent available, and said he found no references at meetings "to labor market conditions among African Americans,” even though their unemployment rate never dropped below 15.5% that year.
The lawmakers cited Kocherlakota's post, calling it "unacceptable that discussion of the job market for these populations would be an afterthought, or worse, ignored entirely, and we are concerned that the lack of balanced representation may be a significant cause of this oversight."
Rep. David Scott (D-Ga.), who signed the letter, pressed Yellen at a House hearing in February to consider "getting an African American, for the first time in history, to be a regional president of a Federal Reserve bank."
Yellen said she "absolutely" would and regretted there hadn't been such an appointment.
"It's our job to make sure that every search for those jobs assembles a broad and diverse group of candidates," Yellen said.
The lawmakers said they appreciated her concern about diversity but urged her to do more.
Connie Razza, author of the Center for Popular Democracy report, said the large number of lawmakers who signed the letter showed that support is growing for changes at the Fed to make sure "the economy works for all."
The center coordinates Fed Up, a coalition of labor, community and liberal activist groups that has organized protests outside FOMC meetings urging central bank policymakers not to raise a key interest rate until the job market is stronger.
By Jim Puzzanghera
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Seattle passes scaled-back tax on Amazon, big companies
On Monday, about 40 elected officials from across the United States, some representing local governments in the running to host Amazon’s second headquarters, published an open letter to Seattle in...
On Monday, about 40 elected officials from across the United States, some representing local governments in the running to host Amazon’s second headquarters, published an open letter to Seattle in support of the head tax and expressing concern that Amazon opposed the measure. “By threatening Seattle over this tax, Amazon is sending a message to all of our cities: we play by our own rules,” the officials wrote.
Read the full article here.
Black Community Seeks the Power of the Ballot
Source: Vox
For black communities in the United States, presidential election participation rates are strong and momentum is building.
In 2012, black voters showed up at the polls in the largest numbers (66.2 percent) and voted at a higher rate than non-Hispanic whites (64.1 percent) for the first time since rates were published by the U.S. Census Bureau in 1996.
Black Americans tend to vote Democratic in presidential elections. This was true by historic margins in President Barack Obama's 2008 and 2012 victories— 95 and 93 percent, respectively. And their turnout rate in 2016 could be an important factor in deciding the next president of the United States, especially in a tight race.
That's good news for black community leaders who want to ensure their voices are heard and hold future leaders accountable.
Civil rights leadership
The 2014 and 2015 cases of deadly police force against unarmed African-Americans have galvanized a tech-savvy generation of activists to inject new life in an age-old push for racial, economic and social equality.
More and more, movements such as Black Lives Matter are becoming international household names and are holding candidates accountable to specifically address and push for legislation on these issues.
One such organization, Black Alliance for Just Immigration (BAJI), engages and advocates on behalf of African-American and black immigrant communities on issues of racial justice and immigrant rights.
BAJI's policy and legal manager, Carl Lipscombe, says part of the greater push nationwide to organize and bring to light instances of police brutality results from what he describes as a community-wide fear of "being killed when walking to the corner." He says these police cases are enhanced by the advent of social media and by the ability to capture events on camera that wasn't possible in the 1980s.
Lipscombe says candidates must do more than "throw a bone" if they expect communities of color to go to the polls in droves.
"It's not enough to just say we want free education for everyone," Lipscombe said. "We want to know how this is going to impact black people."
According to the U.S. Bureau of Labor Statistics, the unemployment rate among blacks in the United States, at 9.4 percent, remains significantly higher — nearly double — than the overall rate of 5 percent nationwide.
Black wealth also has declined. The non-partisan Economic Policy Institute, in coordination with the liberal research institution Center for Popular Democracy, reports that black workers' wages have fallen by 44 cents on the hour in the past 15 years, while wages of both Hispanic and white workers have increased by approximately the same amount.
African immigrant concerns
The Migration Policy Institute reports that black immigrants from Africa are better educated than the overall U.S. population, age 25 and older.
In 2007, 38 percent held a four-year degree or more, compared to 27 percent of the U.S. population. Yet, black immigrants earn lower wages and hold the highest unemployment rate in comparison to other immigrant groups, according to the Center for American Progress.
Bakary Tandia, case manager and policy advocate at African Services Committee, a Harlem-based agency dedicated to assisting African immigrants, refugees and asylees, says progress is necessary across all levels of government.
"Even if you take the case of [New York City Mayor Bill] de Blasio,” Tandia said, “he is a progressive mayor, but in his administration, I have not seen any African immigrant appointed or in a meaningful position, and the same thing goes at the state level, at the federal level."
New leadership
Grass-roots coordinators say anti-immigration rhetoric among some presidential candidates has fueled electoral participation, as well as greater community leadership.
Steve McFarland, whose organizing efforts include get-out-the-vote campaigns among disenfranchised communities in New York, says the immigration reform movement, combined with the work of Black Lives Matter, has produced a new generation of civil rights leaders.
"It doesn't look the way that it used to look," McFarland said. "It's not big organizations, but they can mobilize people, they have a clear voice, and they are winning changes across the country."
Ahead of the 2016 presidential primaries, there is good news for Democratic frontrunner and former secretary of state Hillary Clinton. She currently enjoys an 80 percent favorability rating among adult blacks, the highest positive net rating of all candidates, according to a recent Gallup poll.
Clinton, who has met privately with Black Lives Matters activists, specifically addressed racial profiling in an October speech at Clark Atlanta University.
"Race still plays a significant role in determining who gets ahead in America and who gets left behind," Clinton said. "Racial profiling is wrong, demanding, doesn't keep us safe or help solve crimes. It's time to put that practice behind us."
A Call to Action From NMAC & Housing Works
People in the movement might be surprised by a joint letter from Charles King of Housing Works and me, but these are not ordinary times. NMAC is writing this letter to invite constituents at this...
People in the movement might be surprised by a joint letter from Charles King of Housing Works and me, but these are not ordinary times. NMAC is writing this letter to invite constituents at this year’s United States Conference on AIDS to join Housing Works efforts on Wednesday, September 6, to greet Congress on its return from summer recess with a rally for the care we need to survive—sign up here!
These are confusing times with no clear roadmap. Since NMAC is hosting the HIV/STD Action Dayon the same day, we want everyone to be aware of our mutual support and collective goal to not just save the Affordable Care Act, but to also strengthen our vision of ending AIDS as an epidemic. This can only happen when affordable health care becomes a human right for everyone.
Read the full article here.
How the Labor Movement is Thinking Ahead to a Post-Trump World
How the Labor Movement is Thinking Ahead to a Post-Trump World
The American labor movement, over the past four decades, has had two golden opportunities to shift the balance of power between workers and bosses — first in 1978, with unified Democratic control...
The American labor movement, over the past four decades, has had two golden opportunities to shift the balance of power between workers and bosses — first in 1978, with unified Democratic control of Washington, and again in 2009. Both times, the unions came close and fell short, leading, in no small part, to the precarious situation labor finds itself in today.
Read the full article here.
Exigirán en Washington Ayuda a Puerto Rico a Seis Meses Después del Huracán
Exigirán en Washington Ayuda a Puerto Rico a Seis Meses Después del Huracán
“Los manifestantes partirán desde diversos estados y Puerto Rico y harán una primera parada en la sede central de la Agencia para el Manejo de Emergencias (FEMA), para finalizar su protesta en el...
“Los manifestantes partirán desde diversos estados y Puerto Rico y harán una primera parada en la sede central de la Agencia para el Manejo de Emergencias (FEMA), para finalizar su protesta en el Congreso. Será un día con una cargada agenda que además de la protesta incluirá reuniones con congresistas y en la que no descartan los actos de desobediencia civil para llamar la atención sobre la crisis humanitaria en la isla, dijo a Efe Sammy Nemir, portavoz de The Center for Popular Democracy. De acuerdo con la coalición, que incluye también sindicatos, la "desastrosa respuesta del Gobierno federal ha sido más devastadora y dañina que el huracán".
Lea el artículo completo aquí.
Epic Charter School Fail Exposed
Capital & Main - October 2, 2014, by David Cohen - A $300,000 plane; $861,000 to pay off personal debts and keep open a struggling restaurant. A down payment on a house and an office flush...
Capital & Main - October 2, 2014, by David Cohen - A $300,000 plane; $861,000 to pay off personal debts and keep open a struggling restaurant. A down payment on a house and an office flush with flat-screen televisions, executive bathrooms and granite counter tops. This isn’t a list of expenditures from Lifestyles of the Rich and Famous, this represents a small slice of the more than $30 million of taxpayer funds that have been wasted through fraud and abuse in Pennsylvania’s charter schools since they first opened in 1997.
A new report from the Center for Popular Democracy, Integrity in Education, and Action United is blowing the lid off the lack of public oversight at Pennsylvania’s 186 charter schools.
Inadequate audit techniques, insufficient oversight staff and a lack of basic transparency have created a charter system that is ripe for abuse in the Keystone State. But there is hope. The report provides a detailed roadmap for Pennsylvania to create an effective oversight structure and provide meaningful protections that can curtail endemic fraud and waste.
The report calls for an immediate moratorium on new charters until the inadequate oversight system can be replaced with rigorous and transparent oversight. That’s the right first step.
According to the authors, charter school enrollment in the state has doubled three times since 2000 and Pennsylvania’s students, their families and taxpayers cannot afford to lose another $30 million. Pennsylvania’s students and taxpayers deserve better.
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Starbucks Hasn’t Met Employee Promises, Report Says
Starbucks employees still endure irregular hours, insufficient rest and difficulties taking sick days, according to a new ...
Starbucks employees still endure irregular hours, insufficient rest and difficulties taking sick days, according to a new report, more than year after the company promised to improve labor conditions for its employees.
More than 200 baristas across the country responded to the survey that formed the basis of the report, which was released by the Center for Popular Democracy. About 25% of employees said they had been asked to close a store and open it the following morning, giving them little time to rest between shifts. Almost half said they received their schedule one week or less in advance, giving little time to plan for childcare or other needs. Two in five employees said they faced difficulties taking sick days.
Last year, the company promised to change conditions for its employees, which it calls “partners,” after a New York Times report documenting the struggles faced by many employees.
Source: Time
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