There’s officially a Medicare for All caucus in Congress
There’s officially a Medicare for All caucus in Congress
House Democrats formally announced the formation of the Medicare for All caucus on Thursday, and were joined by...
House Democrats formally announced the formation of the Medicare for All caucus on Thursday, and were joined by representatives from various progressive groups — like National Nurses United, Social Security Works, and Center for Popular Democracy — who helped save Obamacare last summer and now demand more than the status quo. So far 66 members, or one-third of House Democrats, have joined the caucus led by Reps. Pramila Jayapal (WA), Debbie Dingell (MI), and Keith Ellison (MN).
Read the full article here.
Weak Charter School Oversight Leads to Fraud and Mismanagement
DailyKos - May 6, 2014, by Laura Clawson - Charter schools benefit from a massive double standard, taking public money...
DailyKos - May 6, 2014, by Laura Clawson - Charter schools benefit from a massive double standard, taking public money without being subject to the regulations or oversight applied to traditional public schools. That lack of regulation and oversight has a cost, in students' educational experiences and in dollars. More than $100 million, as a new report from the Center for Popular Democracy and Integrity in Education shows.The report identifies six key types of abuse:
Charter operators using public funds illegally for personal gain:Joel Pourier, former CEO of Oh Day Aki Heart Charter School in Minnesota, who embezzled $1.38 million from 2003 to 2008. He used the money on houses, cars, and trips to strip clubs. Meanwhile, according to an article in the Minneapolis Star Tribune, the school “lacked funds for field trips, supplies, computers and textbooks.” A judge sentenced Mr. Pourier to 10 years in prison. Given the number of years, and the severity of the fraud, over a million dollars might have been saved had there been adequate charter oversight.
School revenue used to illegally support other charter operator businesses:For example, in 2012, the former CEO and founder of the New Media Technology Charter School in Philadelphia was sentenced to prison for stealing $522,000 in taxpayer money to prop up a restaurant, a health food store, and a private school.
Mismanagement that puts children in actual or potential danger:Ohio's State Superintendent of Public Instruction, Dr. Richard A. Ross, was forced to shut down two charter schools, The Talented Tenth Leadership Academy for Boys Charter School and The Talented Tenth Leadership Academy for Girls Charter School, because, according to Ross, “They did not ensure the safety of the students, they did not adequately feed the students, they did not accurately track the students and they were not educating the students well. It is unacceptable and intolerable that a sponsor and school would do such a poor job. It is an educational travesty.”
Charters illegally requesting public dollars for services not provided:[New Jersey] officials shut down the Regional Experiential Academic Charter High School after the state found, according to report in the New York Times, “a wide range of problems, including failure to provide special education students with the services required by state and federal law.
Some charter schools have also been caught illegally inflating their enrollment to collect money for students who weren't actually in the schools, while others have been tagged for general mismanagement of funds.
While some of the most egregious cases are found out, leading in some cases to prison sentences as cited above, we have no way of knowing how many similar situations haven't yet come to light. And in most cases, a prison sentence for the wrongdoer is all very well, but it won't get back the money that was supposed to go to educating kids. That's why the report calls for oversight agencies with teeth, able to catch fraud and mismanagement and actuallydo something about it; for charters to face the same transparency requirements public schools do, including following state open meetings and open records laws; and for charters to be governed by elected boards including parents, teachers, and, for high schools, students. Right now, in too many states charters are like the Wild West. Charter advocates like that when it lets them cut costs, increase profits and keep teachers non-union and as powerless as possible, of course. That's why we see so many state legislatures rapidly expanding charters without expanding oversight. They may not like straight-up theft, but it's a risk they're willing to run for all the other benefits of weak oversight.
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Dallas Fed president will meet with Fed Up Coalition members to hear their concerns
Dallas Fed president will meet with Fed Up Coalition members to hear their concerns
After nearly two months on the job, the new head of the Federal Reserve Bank of Dallas is reaching out to the community...
After nearly two months on the job, the new head of the Federal Reserve Bank of Dallas is reaching out to the community — to bunch of community, labor and consumer organizations that have repeatedly asked to be heard.
Dallas Fed president Rob Kaplan tomorrow will met with a variety of representatives of the national Fed Up Coalition for about 90 minutes, according to the regional bank.
The group was unhappy with the Dallas Fed’s “cryptic” search process to replace replaced former chief Richard Fisher, who retired in March, and with its lack of transparency. I wrote about it. Fed Up members in Texas and nationwide also have called for Federal Reserve to focus on full employment and higher wages for blacks and others in poor neighborhoods who have been left out of the economic recovery.
In August, the Dallas Fed named Kaplan, a former Harvard business professor and investment banker, as president and CEO starting Sept. 8. As one of 12 Fed regional bank presidents around the country, Kaplan helps set the nation’s economic and monetary policy, such as interest rates, that affects people everywhere.
The day after Kaplan’s announcement, the Texas Organizing Project’s Dallas County director Brianna Brown suggested that one of the first things he should do when he got to Dallas was to meet with her group and working families in the area. I wrote about that.
Earlier this year, the Texas Organizing Project and Fed Up asked to meet with Dallas Fed board members to seek more openness and participation in the search process. The Dallas Fed also has faced criticism from other corners for a lack of transparency and the lengthiness (nine months) of its search.
The coalition’s request was denied back then, and instead a meeting was arranged with the bank’s general counsel and senior vice president.
Now, there’s another chance.
“We want to represent the coalition in the same way that the coalition has met with other Fed presidents around the country to encourage them to keep interest rates low to help people in the communities,” Brown said today. “We’re trying to figure out a way that the coalition can be part of the process around Fed policy. How we can collaborate and work together.”
Brown said it’s not a “pie-in-the-sky” idea. She noted that a Fed Up meeting with Chicago Fed president Charles Evans led to him touring a low-income neighborhood in September.
Nearly a dozen people representing Fed Up will attend tomorrow’s meeting at the Dallas Fed. They include: Brown; representatives of the Dallas AFL-CIO, Texas AFL-CIO, Center for Popular Democracy and Economic Policy Institute; Dallas Faith leader Wes Helm; and a Walmart worker. Dallas County Judge Clay Jenkins also will attend as a guest of Fed Up, said Daniel Barrera, a Dallas organizer for the Texas Organizing Project.
Jenkins and John Patrick, president of the Texas AFL-CIO, did not end up attending the meeting. I wrote a follow-up story on Nov. 5 about the results of the meeting.
The Dallas Fed will have four people present: Kaplan, senior vice president Alfreda Norman, community development officer Roy Lopez and spokesman James Hoard .
“We want to obviously listen to what they have to say, provide any information and answer any questions they have,” Hoard said today about the meeting.
Source: The Dallas Morning News
Amid Heightened Tension, Advocates Push Cuomo to Veto Police Discipline Bill
A day after a Staten Island grand jury declined to indict NYPD officer Daniel Pantaleo in the chokehold death of Eric...
A day after a Staten Island grand jury declined to indict NYPD officer Daniel Pantaleo in the chokehold death of Eric Garner, Gov. Andrew Cuomo and Assembly Speaker Sheldon Silver, two of most powerful men in the state, said they are interested in passing major criminal justice reforms during next year's legislative session.
There is no need to wait that long to take significant action, says a coalition of groups operating under the banner "This Stops Today" (after words spoken by Eric Garner shortly before his death), that includes Communities United For Police Reform, Center for Popular Democracy, Make the Road NY and the NYCLU, among others. The coalition and other advocates are calling on Cuomo to veto a bill passed in both houses of the Legislature that would allow the rules for police disciplinary action to be decided in collective bargaining with unions rather than by elected officials.
The bill, S7801/A9853, and Cuomo's veto of it, is a major platform item for those involved in action across New York City in response to the grand jury decision. For a second straight night on Thursday, protesters flooded streets, chanting, shutting down major roadways and staging 'die-ins.' The bill passed overwhelmingly in the Senate and Assembly. The only votes against in the Senate came from Sens. Liz Krueger and James Seward.
On Thursday, Gov. Cuomo told Susan Arbetter on The Capitol Pressroom that he wants to look at reforming police training and the grand jury system, and at instituting body cameras for police across the state. "I think long term this is something we have to look at this session," Cuomo said. "I think we need a comprehensive look."
Speaker Silver issued a statement saying he is committed to "working with Governor Cuomo, my colleagues in the Legislature, Mayor de Blasio and with law enforcement to improve the manner in which we police our streets and to restore the people's faith in our legal system."
Neither Cuomo nor Silver discussed the police conduct bill. The governor's office did not return a request for comment for this story.
New York City Council members including Brad Lander and Jumaane Williams have also called on Cuomo to veto the bill. "If signed into law, this bill would severely undermine the City's ability to hold police officers accountable for their actions," said the two in an August statement.
"The Council Member and many of his progressive colleagues are on record calling on the Governor to veto the bill. The need for strong civilian oversight of police discipline is more important now than ever," a representative from Lander's office told Gotham Gazette on Thursday.
The legislation has been pushed through the Legislature with the support of law enforcement unions only to be vetoed by Govs. David Paterson, Eliot Spitzer, George Pataki, and Mario Cuomo.
The Brooklyn NAACP is asking constituents to call and write to Cuomo to urge his veto. "This bill would strip local public officials of disciplinary authority over the police officers they employ, which would have a detrimental impact on the accountability of local police departments, and thus safety and public confidence in the police," reads the form letter offered by the group.
Cuomo did not veto any legislation before Election Day this year, but has used some controversial vetoes since.
The state's Court of Appeals ruled once in 2006 and once in 2012 that police discipline should be left in the hands of public officials and not determined during collective bargaining with unions.
"Police officers – who put themselves in harm's way for the sake of public safety – have the right to fair treatment and due process," reads the August statement from Lander and Williams, who co-authored the controversial NYPD-related Community Safety Act which passed in 2013 over a veto by then-Mayor Michael Bloomberg. "At the same time the authority to investigate police misconduct, and pursue discipline when appropriate, must be held by government officials who are accountable to the public. As we saw just last week in the police union press conference blaming Eric Garner for his own death, the unions' inclination is to protect their members at all costs."
Source: Gotham Gazette
Fed Presidents and Governors Still Talking Up Rate Hike for 2016
Fed Presidents and Governors Still Talking Up Rate Hike for 2016
The week of October 14 was a busy one for economic reports. It was also a busy week for the talking heads inside the...
The week of October 14 was a busy one for economic reports. It was also a busy week for the talking heads inside the Federal Reserve. Note that the most recent speeches this past week, even after having only three of 10 votes in September for a hike, still show a bias for the Fed to raise rates.
With the November Federal Open Market Committee meeting scheduled just days ahead of the election, the odds makers (the federal funds futures) are now focusing on a December rate hikes — but not quite 100% of a chance, at least ahead of Friday’s Janet Yellen speech.
Fed Chair Yellen gave the luncheon keynote address at the Boston Fed’s 60th Economic Conference. This was titled “The Elusive Recovery,” which may not sound hawkish at all. Still, she did not directly address interest rate hikes in her speech. But Yellen did say that the Federal Reserve may need to run a “high-pressure economy” to reverse damage from the 2008 to 2009 crisis that depressed output. In short, Yellen fears that our economic potential is slipping, and it may require aggressive steps to rebuild economic growth.
Eric Rosengren, president of the Boston Federal Reserve, said on Friday that the odds of a rate hike were very high in December. His view is that unemployment has fallen faster than expected and he is not worried about inflationary dangers.
Also on Friday, Loretta Mester, president of the Cleveland Fed, participated in a round table discussion with the Common Good Ohio (in Cleveland), which is affiliated with the Center for Popular Democracy’s Fed Up Campaign. Mester has been on the record in recent weeks as saying that the jobs market and inflation are enough to justify a rate hike.
Federal Reserve Bank of Philadelphia President Patrick Harker said on Thursday that the uncertainty stemming from the U.S. presidential election might be an argument for delaying a rate increase, at least until after the November ballot. Hint: December.
Neel Kashkari, president of the Minneapolis Fed, has tried to remain on the sidelines for vocalizing rate hike talk outside of what Yellen says. Still, on Thursday he talked about more sluggish growth and maintained that the Fed and other agencies need a remedy for the “too big to fail” banks.
William Dudley, president of the Federal Reserve of New York, sounded a tad more dovish. His take is that the Fed can be gentle with gradual rate hikes. He also pointed out that the Fed is not political when making interest rate decisions.
Esther George, head of the Kansas City Fed, did not address the economy nor rate hike views when speaking on Wednesday. Still, she did talk about the need for better bank cybersecurity and security of payments. George is considered one of the more hawkish Fed presidents.
Chicago Fed President Charles Evans was deemed as being noncommittal on Monday when he spoke. Still, he was signaling a December hike: “December could be an appropriate time to do it, but I don’t see any urgency either.” That was in a CNBC interview.
Vice Chairman Stanley Fischer spoke on October 9 and spoke about gross domestic product somehow recovering to 2.75% for the second half of 2016, a higher view than average. Fischer has been more hawkish of late and said that September’s decision was a close call. He said that he expects inflation to rise and that gradual rate hikes would be sufficient to get to Fed back to a neutral stance.
By Jon C. Ogg
Source
“Shamelessness Is All The Rage”
“Shamelessness Is All The Rage”
Trump’s own lawyer compares him to a mob boss, McConnell helps open the door for Trump to fire Mueller, Beto O’Rourke...
Trump’s own lawyer compares him to a mob boss, McConnell helps open the door for Trump to fire Mueller, Beto O’Rourke closes in on Ted Cruz, and Mike Pompeo meets Kim Jong Un. Then activist Ady Barkan joins Jon and Dan to talk about the special election in Arizona and his new project, beaherofund.com.
Listen to the conversation here.
Pilot program to create network of legal counsel for NY immigrants
NY1 News - July 20, 2013 - A pilot program is helping make sure New York immigrants get fair legal representation. The...
NY1 News - July 20, 2013 - A pilot program is helping make sure New York immigrants get fair legal representation. The New York Immigrant Family Unity Project will match up needy immigrant families with legal counsel.
Advocates say it's to prevent people from being unfairly detained and families from being torn apart.
"As a judge, I have been struck by the too often poor quality of lawyering for immigrants, indeed, the too often absence of counsel for immigrants, which all but dooms an immigrant's case," said Judge Robert Katzmann of the Second Circuit Court of Appeals.
Officials say 2,800 people are detained in the state each year and face deportation without legal representation.
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Fed Activists To Highlight Racial Justice At Jackson Hole Conference
The Fed Up campaign, a coalition of groups led by the nonprofit Center for Popular Democracy, will converge on Jackson...
The Fed Up campaign, a coalition of groups led by the nonprofit Center for Popular Democracy, will converge on Jackson Hole, Wyoming, later this week to urge the Federal Reserve to be more responsive to the needs of American workers. In doing so, it will focus on both “economic and racial inequality,” campaign director Ady Barkan told reporters on a Monday press call previewing the campaign’s plans.
The gathering is aimed at influencing Fed officials attending the Kansas City Fed’s annual Jackson Hole symposium.
A major theme of Fed Up's parallel conference on Thursday and Friday will be “Whose Recovery,” based on the premise that the economic recovery has yet to reach many workers, particularly those of color. They note that the official African-American unemployment rate -- 9.1 percent -- is much higher than the 5.3 percent rate for the overall population.
“Although there has been a strong recovery for Wall Street, that recovery has not reached Main Street,” Barkan said. At Jackson Hole, Barkan said, “We will be asking not only, ‘Whose recovery is this?’ but also, ‘Whose Federal Reserve is this?’”
The Fed Up campaign’s immediate goal is to stop an interest rate hike that would slow economic growth, which it says would disproportionately hurt people of color. The Federal Reserve has indicated it will raise interest rates in September, though some economic analysts are speculating that Monday’s stock market slide and turmoil in emerging-market economies will give the central bank pause. Over the longer term, Fed Up hopes to reform the selection process for regional Federal Reserve bank presidents, which it believes currently reflects the interests of financial elites more than the broader public.
(For more on the Fed Up campaign's efforts and the broader debate over monetary policy, head over here.)
Fed Up will bring an estimated 50 low-income workers and representatives of communities of color from across the country to the Jackson Hole gathering -- an increase from the 10 activists it brought last year.
“We see racial justice and racial economic equality as part of the same agenda," Barkan added, referencing the persistent racial disparity in employment.
The campaign has reserved conference rooms where activists will hold “teach-ins” making the case for monetary policy that prioritizes full employment and wage growth, and plan to share their views in informal conversations with Fed officials and members of the media.
The activists will also deliver to Fed officials an as-yet-undetermined number of petition signatures opposing an interest rate hike absent greater wage growth. Last year, Fed Up amassed 10,000 signatures for a similar petition, but this year it hopes to submit a much larger number thanks to the campaign’s collaboration with progressive online heavyweights CREDO Action, Daily Kos and Working Families Party, and a promotional video from popular liberal economist Robert Reich that has already been viewed over 150,000 times.
Asked whether Fed Up planned any public and potentially disruptive protests at the Jackson Hole gathering, Barkan refused to disclose any specific plans, but did not rule them out either.
While Fed Up since its inception has focused on the disproportionate impact of Federal Reserve interest rates on people of color, its events at Jackson Hole this year explicitly appeal to the themes of the Black Lives Matter movement, which has gained steam since last year’s conference. The campaign will host back-to-back teach-ins entitled “Do Black Lives Matter To The Federal Reserve?” on Thursday and Friday that Barkan said will explain how a “weak economy causes racial discrimination and disparities.” The sessions will be organized by activists from the St. Louis and Wichita, Kansas, metropolitan areas, many of whom have also been active in protests against police mistreatment of, and use of force against, black people.
Barkan said that because Black Lives Matter is not a centralized movement, however, it has no formal affiliation with Fed Up.
Dawn O’Neal and Keesha Moore, two African-American rank-and-file Fed Up activists who are attending the Jackson Hole gathering, shared their reasons for lobbying the Fed.
O’Neal described the challenges of earning just $8.50 an hour as a teaching assistant for 3-year-old children in Dekalb County, Georgia, just outside Atlanta. Her husband is unemployed and stands in line at 5 a.m. every day for odd construction jobs at a local gathering point for day laborers. If her husband is lucky, he is one of 30 or 40 men among a group of 300 predominantly black men to be chosen for work that pays roughly the federal minimum wage of $7.25 an hour. They lack health insurance and must choose which bills to pay at the end of every month.
“When the Fed says the economy is recovering, I do not see recovery in my community. I see the struggle of my neighbors, lines of people looking for work, people trying to make ends meet on McDonald’s salaries,” O’Neill said Monday on the press call. “I do not think those at the Fed know how life is here in South Dekalb county when they say the economy is recovering.”
Moore, a 36-year-old single mother of four in Philadelphia, described her dogged and disheartening search for work after being laid off as a data entry specialist seven months ago. She lamented a Catch-22 of job hunting: Getting a good job often requires a car, and she will only be able to afford a car when she has a job.
Moore suspects that being African American has impeded her job search. “They always ask me when I apply what my race is,” Moore said. “I am not quite sure what that has to do with getting a job.”
Moore, like O’Neal, wants to tell the Fed about her community’s urgent need for more jobs and “fair” wages.
Fed Up and its allies say even a modest interest rate hike will slow down a job market that is already inadequate for the size of the population and has yet to produce significant wage growth. That would disproportionately hurt people of color, who are already more likely to be out of work, and often experience discrimination in hiring that they are more likely to overcome in a high-demand economy supported by low interest rates.
Proponents of a Federal Reserve interest rate increase, which include many Fed officials, center-right economists and politicians, argue that rates must rise to prevent excessive price and asset inflation. And some economists are also expressing concerns that prolonged low interest rates will limit the Fed’s ability to stimulate the economy by cutting rates if and when a significant slowdown occurs, The Wall Street Journal reported on August 17.
The Kansas City Federal Reserve Bank, which is hosting the Jackson Hole symposium that Fed Up is targeting, is aware of the planned counter-conference, Barkan said, but has not expressed opinions about it. Fed Up’s actions last year led to a meeting between activists and Kansas City Fed president Esther George.
Barkan said that Atlanta Fed president Dennis Lockhart had expressed interest in attending Fed Up’s sessions.
"President Lockhart’s first obligation is to the Kansas City Fed’s conference that he is in Jackson Hole to attend," Jean Tate, a spokeswoman for the Atlanta Fed, told HuffPost. "He has some other commitments on his schedule as well. If time permits, he may be able to briefly listen to some of the conversation at the Fed-Up event, but it is not something that we can confirm."
This post has been updated with a response from the Atlanta Fed about whether President Dennis Lockhart plans to attend Fed Up events.
Source: Huffington Post
Trump makes first mark on Fed as Senate approves key nominee
Trump makes first mark on Fed as Senate approves key nominee
President Donald Trump officially made his first mark on the Federal Reserve on Thursday, when the Senate voted 65-32...
President Donald Trump officially made his first mark on the Federal Reserve on Thursday, when the Senate voted 65-32 to approve his first and only nominee to the central bank’s board.
Randal Quarles, a private equity investor and veteran of the Treasury Department, will also take over as the Fed's top banking regulator as the first appointee to the position of vice chairman of supervision, a role created by the 2010 Dodd-Frank Act.
Read the full article here.
What is a Good Job?
What is a Good Job?
Today marks the 78th anniversary of the Fair Labor Standards Act, the law that gave us the minimum wage and a host of...
Today marks the 78th anniversary of the Fair Labor Standards Act, the law that gave us the minimum wage and a host of other protections to protect workers from the most cutthroat tendencies of capitalism.
While the law is still on the books, its power is fading. The federal minimum wage today – unchanged since 2009 – doesn’t let workers afford the most basic essentials, from a mortgage to monthly groceries.
In Detroit, federal inaction has hit workers especially hard. Detroit is already one of the most marginalized cities in the country. Last year, we faced the largest number of tax foreclosures in U.S. history. Our schools are teetering on the brink of bankruptcy. And a recent Brookings study found Detroit has the highest concentration of poverty of the largest metro areas in the country.
While parts of Detroit have risen like a phoenix in recent years, with growing signs of life in the auto industry and a shiny new hockey arena, the reality is progress hasn’t reached the majority of the city and people of color have largely been left out of Detroit’s revival.
To give all workers in Detroit a chance to share in the city’s recovery, we must start with wages. The current federal standard of $7.25 an hour is pitiful – and Michigan’s state rate of $8.15 is hardly an improvement.
Meanwhile, a recent study from the National Low Income Housing Coalition found it takes $15.62 to afford a two bedroom apartment in Michigan. A single parent with two children in Michigan needs an income of $21.23 per hour year to meet basic expenses. In Wayne County, an individual must earn $14.40 to support a family of four.
Two years ago, a ballot initiative was launched to raise the state wage to $10.10 per hour by 2017 with the support of hundreds of thousands of Michigan residents. Through a series of legislative maneuvers, the measure was defeated and the current rate was put in place. A year later, lawmakers voted to ban municipalities from raising wages at the local level.
As Detroit stagnates, around the country, minimum wages are on the march. From California to New York, workers have won raises as high as $15 an hour. And the same workers have been demanding progress here.
But we should go even further than higher wages. We need jobs that give workers access to a better life, with full benefits, stable hours, and a commute that doesn’t take hours on the bus each way. To that end, we have been working to ensure Detroiters have a seat at the table with developers to ensure that jobs are going to Detroiters.
Growing up, my parents struggled with chronic unemployment and homelessness. We moved constantly, often living in houses without running water, electricity or heat. In high school, my mom began working at General Motors and was finally able to meet our most basic needs. I could finally attend school every day of the week. That job didn’t just lift our family out of poverty. It gave us back our dignity.
For far too long we have encouraged people to just take any job, no matter the pay or working conditions. That is not the American Dream. Nearly a century ago, the Fair Labor Standards Act tried to put that dream within reach of every American. It is now up to us to continue the fight to ensure the promise.
We know it will take a lot of resources, but with the community driving this effort, we will reach our destination – good jobs for every Detroiter. That’s how we’ll truly rebuild Detroit.
By eclectablog
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