Today we CAN do something to honor Heather Heyer. We can stand up against the hate that killed her.
Today we CAN do something to honor Heather Heyer. We can stand up against the hate that killed her.
We can honor Heather in the same way she stood up for justice and equality. We can rise up against the hate that took...
We can honor Heather in the same way she stood up for justice and equality. We can rise up against the hate that took her life and that targets even more of our fellow Americans. There are events taking place all across the country today against the hate and violence on display in Charlottesville this weekend. Find one and be there. If you can’t, please help spread the word so others may do so.
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Why Is My Bank Teller Trying to Sell Me a Credit Card I Don't Want?
Mother Jones - April 9, 2015, by Josh Harkinson - Until recently, your typical banker was someone whose main job was to...
Mother Jones - April 9, 2015, by Josh Harkinson - Until recently, your typical banker was someone whose main job was to accept deposits, cash checks, and dispense basic financial advice. But now that job hardly exists anymore—at least not as we once knew it. Today's front-line bank workers—tellers, loan interviewers, and customer-service reps—earn far too little money to be considered "bankers" in the traditional sense of the word. And though they still collect and dispense money, their main job involves hawking credit cards and loans you probably don't need.
Many rank and file bank workers are seeing lower wages and more pressure to hawk financial products.Rank-and-file bank workers are both causes and symptoms of America's widening economic divide, says Aditi Sen, the author of Big Banks and the Dismantling of the Middle Class, a report released today by the Center for Popular Democracy. Based on union organizer interviews with hundreds of workers in the industry, Sen found that front-line bank workers often face quotas for hawking potentially exploitive financial products, often to low-income customers, even though the workers themselves barely qualify as middle class. "We can definitely see bank workers as part of the same continuum of issues facing all low-wage workers," she says.
Banks are, of course, notorious for squeezing profits from their employees and customers. In 2011, the Federal Reserve Board fined Wells Fargo $85 million for forcing workers to sell expensive subprime mortgages to prime borrowers. And in late 2013, a judge slapped Bank of America with a $1.27 billion penalty for its "Hustle Program," which rewarded employees for producing more loans and eliminating controls on the loans' quality.
Yet, by some accounts, these sorts of practices are getting worse. In a 2013 study by the union-backed Committee for Better Banks, 35 percent of low-level bank workers surveyed reported increased sales pressure since 2008, and nearly 38 percent stated that there was no real avenue in the workplace to oppose such practices. One HSBC bank employee, according to the study, reported that workers who failed to meet their sales goals had the difference taken out of their paychecks.
The increasing sales pressure comes at a time when the fortunes of the banks and their low-level workers have diverged widely. Bank profits and CEO pay have rebounded to near record levels while wages for front-line workers are stuck in the gutter.
And that's not all. Nearly a quarter of bank workers surveyed in 2013 reported that their benefits had been cut since 2008, and 44 percent reported that their medical and life insurance was inadequate. A recent University of California-Berkeley study found that 31 percent of bank tellers' families rely on public assistance at an annual cost of $900 million to taxpayers.
There are several factors in all of these woes. Mergers and consolidation have led some retail banks to shutter branches and lay people off. Many banks have outsourced customer-service jobs to overseas call centers, and the rise of internet and smartphone banking has further slashed demand for flesh-and-blood tellers. In other words, it's basically the same mix of foreign and technological competition that has concentrated wealth and depressed middle-class wages throughout the economy. And it means that banks can get away with paying people less, and demanding more in return.
But now the Committee for Better Banks is trying to cultivate common cause between low-level bank workers and the customers they're forced to target. The interviews featured in the new report show that many bank workers strongly oppose the sales quotas as unfair and exploitive. For instance:
A teller at a top-five bank reports that she is subject to stringent individual goals on a daily basis: If she does not make three sales-points (selling someone a new checking, savings, or debit card account) each day in a month, she gets written up.
Customer service representatives at a call center for another major bank report that each individual has to make 40 percent of the sales of the top seller to avoid being written up. Selling credit cards counts more towards sales goals than helping someone open up a checking account or savings account, thereby crafting skewed incentives based on the profitability of a product sold, not on how well it matched the needs of a customer.
"There was one guy who had three credit cards and I ended up pushing a fourth on him, even though I knew that was not good for him.""A lot of time people would call and already have one, two, or three credit cards with us," says Liz, a member of the Committee for Better Banks who worked in a Bank of America call center for five years and did not want to give her last name. "They might have a situation where they are low on funds and we end up pushing another credit card on them. There was one guy who had three credit cards and I ended up pushing a fourth on him, even though I knew that was not good for him; he would just be in more debt. But if didn't, I would end up being put in a reprimand."
On Monday, members of the Committee for Better Banks will converge in Minnesota's Twin Cities to deliver a petition to bank offices demanding better pay and more stable work hours for rank-and-file workers, and an end to sales goals that "push unnecessary products on our customers."
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Lobbyists Know the Fed Has Political Power
Your editorial is exactly right about the lack of impartiality with “The Federal Reserve’s Politicians” (Aug. 29)....
Your editorial is exactly right about the lack of impartiality with “The Federal Reserve’s Politicians” (Aug. 29). While created by Congress, the Fed continues to act as though it is completely unaccountable to the people’s representatives.
As I pointed out to Chairwoman Janet Yellen during a congressional hearing last year, her own calendar reflects weekly meetings with political figures and partisan special-interest groups. Even more troubling, there is a long history of Fed chairs or governors serving as partisan figures in the Treasury or the White House before their appointment. So while the Fed is quick to decry any attempts at congressional oversight, it cannot credibly claim to be politically independent.
We need a rules-based monetary policy that doesn’t leave the Fed with the potential to push an ideologically driven agenda. To make the Fed truly free from politics, the Fed Oversight Reform and Modernization Act of 2015, which my colleagues and I have passed through the House, should be signed into law. The American people deserve transparency at the Fed and market-driven monetary policy that can finally restore confidence in our economy.
Rep. Scott Garrett (R., N.J.)
Glen Rock, N.J.
Your editorial accuses Fed Up, a group representing low-income black and brown communities, of politicizing the Fed, when big banks have always had undue access and influence over the Fed’s policies.
In fact, commercial banks literally own the Federal Reserve. Unlike nearly every other central bank in the world, the Fed isn’t a public institution but instead operates as a joint venture with the banking sector. It is not true that as long as this status quo of Wall Street domination continues, then the Fed is “independent,” but when the Fed Up campaign’s low-income people of color dare to join the monetary-policy conversation, then the Fed’s “independence” has been compromised.
You mention that retirees living off their retirement plans are suffering from a decade of near-zero interest rates. Presumably this refers to retirees who might have a hundred thousand or two tucked away for retirement. This is already far more than the low-wage workers who have joined our campaign will be able to accrue over a lifetime of working.
But let’s take the argument at face value. Even if the Fed were to raise interest rates up to 2%, that’s a mere $2,000 on $100,000 savings over a year. That won’t make much of a difference to how well a middle-class retiree lives, but hiking rates to that level prematurely could cut off struggling families—who are disproportionately people of color—from the added jobs and higher wages they so desperately need.
Shawn Sebastian
Fed Up Campaign
Brooklyn, N.Y.
Lobbying the Federal Reserve as if it is a legislature began with the Humphrey-Hawkins legislation and the Federal Reserve Reform Act of 1977. The chair of the Fed became politicized and conflicted as the act included mandated congressional grilling of the Fed chair, who is now required to stabilize prices, moderate long-term interest rates, while at the same time delivering low unemployment. These lofty goals can’t necessarily be simultaneously executed, as Paul Volcker showed so well when he attacked inflation, effectively saying that employment would rise with a solid economy that had price stability.
Mr. Volcker had the courage to take the abuse and address his critics as he followed a logical path and publicly explained it, but successive chairs have gradually focused more on pleasing the president who appointed them.
Rep. Kevin Brady’s idea for a commission to rethink the idea of the Fed is a good start. We now have about 40 years of increasing monetary, fiscal and employment messes, with a paralyzed Fed, unsustainable deficits and underemployment because politics tramples economic common sense.
Larry Stewart
Vienna, Va.
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Police arrest nearly two dozen Kavanaugh protesters
The protesters include activists from a coalition of outside groups, including the Center for Popular Democracy and the...
The protesters include activists from a coalition of outside groups, including the Center for Popular Democracy and the Women's March.
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Two Reports Detail Wide Discrimination Against Transgender Americans
Windy City Media Group - February 18, 2015, by Gretchen Rachel Hammond - When the Supreme Court of the United States...
Windy City Media Group - February 18, 2015, by Gretchen Rachel Hammond - When the Supreme Court of the United States rules on the issue of same-sex marriage later this year, many of the advocacy organizations and groups nationwide that have fought for a resolution to the issue are hopeful that LGBTQ equality will take a giant leap forward. However two reports released February 18 by the Denver-based LGBT think tank The Movement Advancement Project (MAP) starkly demonstrate that the transgender community remains snared in disproportionate inequity, discrimination and oppression in almost all areas of American life—employment, housing, K-12 and higher education, healthcare, pensions, the criminal justice system, immigration, obtaining credit, loans, financial aid or identification documents and even marriage.
The ramifications to the community in terms of poverty, societal attitudes and manifestations of violence against transgender individuals have been bluntly illustrated with the deaths of eight transgender women across the United States in the first seven weeks of 2015.
The data, stories and issues raised in the reports entitled Understanding Issues Facing Transgender Americans and Paying and Unfair Price: the Penalty for Being Transgender in America were assembled and co-authored by MAP alongside the Center for American Progress, the National Center for Transgender Equality (NCTE), and the Transgender Law Center, in partnership with Center for Community Change, Center for Popular Democracy, GLAAD, National Association of Social Workers, and the National Education Association.
Understanding Issues Facing Transgender Americans details each sphere of society in which transgender Americans face daily discrimination and offers brief recommendations on a local, state and federal level. The figures are sobering.
The report states that one-in-five transgender people have been refused a home or an apartment with laws protecting them on the books in only 18 states and D.C. In schools, 40 percent of gender non-conforming youth have reported some level of harassment with only 13 states offering laws against discrimination because of their gender identity. An astonishing 78 percent of transgender individuals reported being "mistreated or discriminated against at work" while up to 47 percent noted being unfairly denied a job at all. In terms of income, the report cited National Transgender Discrimination Survey (NTDS) figures which stated transgender Americans are "four times more likely to have a household income under $10,000 per year than the population as a whole."
Within the criminal justice system, the report notes that one-in-six transgender people will have been incarcerated at some point in their lives. For Black transgender individuals that figure stands at 47 percent. "Reports from the Bureau of Justice Statistics find that 35 percent of transgender prisoners report experiencing sexual abuse in the last twelve months, compared to 4 percent of all prisoners," the document states while indicating that the disproportionate numbers of low-income transgender people has led to a far greater frequency of police interactions and "higher levels police harassment, imprisonment and violence."
Unfair Price: the Penalty for Being Transgender in America examines that poverty in greater detail. The report lists what it calls two "primary failures of law' as the reason "transgender people in the United States face clear financial penalties and are left economically vulnerable"—pervasive discrimination and a lack of clear legal protections along with hostile educational environments.
The results are denial of employment or harassment while on the job, lower wages, denial of housing and even difficulty accessing homeless shelters, inordinate healthcare costs due to discrimination by insurance companies and healthcare providers and increased difficulty obtaining credit such as a credit card or student loan.
MAP Policy Specialist and Policy Researcher Naomi Goldberg was the lead author on that report while LGBT Movement and Policy Analyst Heron Greenesmith piloted the creation of Understanding Issues Facing Transgender Americans.
Goldberg told Windy City Times that both reports received their genesis from earlier and exhaustive research released by MAP detailing issues facing the LGBT community as a whole. "Beginning last year, we starting releasing issue-specific guides," she said. "Heron released one about the disparities that bisexual face in this country. Often both they and the transgender community are ignored when talking about LGBT people. So this guide about transgender [individuals] is meant to be used as an entry point for people to understand the key areas in which transgender people face challenges."
Goldberg hopes that the reports will be used in multiple areas and across a spectrum of audiences including the media, policy makers and advocacy groups. "It's meant to be another articulation of why protections are needed," she said. "As we see the transgender community gain visibility, a lot of people are coming to understand what it means to be transgender in a new way and I think this guide can be an easily accessible tool for people to talk about the real challenges transgender people face. There's a real opportunity here to articulate the concerns and the needs of the transgender community that is accessible and demystifying."
As a cisgender woman, Goldberg acknowledged that as she began to piece the report together she was surprised at the sheer breadth of discrimination against the transgender community. "It was the ways in which discrimination affects all aspects of life," she said. "In my opinion this is where the work really needs to be focused. We need to understand how to talk about the issues that transgender community face, how to provide recommendations to advance them in the policy sphere and also look at movement capacity—organizations that are doing the work and how to support [them]."
However Goldberg stressed that lack of data concerning the transgender community remains a huge obstacle in creating policy change. "We can probably say that the 2020 census will not be including questions of gender identity and expression," she stated. "There's going to be another fielding of the Transgender Discrimination Survey which uncovered and provided all of us with statistics to pair with people sharing their own stories. Gathering the data is going to be the long game but that is the path forward."
"It's not enough to say 'we're done' when we pass laws," Goldberg added. "This is something the LGBT movement post marriage-equality is going to have to address.
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Climate change activist ‘surprised’ after being unanimously approved for LA City Council board
Climate change activist ‘surprised’ after being unanimously approved for LA City Council board
The Los Angeles City Council Wednesday unanimously approved the appointment of environmental activist Aura Vasquez to...
The Los Angeles City Council Wednesday unanimously approved the appointment of environmental activist Aura Vasquez to the Board of Water and Power Commissioners.
Vasquez, director of climate justice at the Center for Popular Democracy, represents a departure from previous commission appointees, who tend to come from the world of politics or business.
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BREAKING: Maryland Legislature Restores Voting Rights To 40,000 Ex-Offenders
Source: ...
Source: ThinkProgress
Maryland’s legislature voted on Tuesday to override Gov. Larry Hogan (R)’s veto of a bill to give more than 40,000 ex-offenders in the state the right to vote while still on parole or probation.
Maryland joins 13 other states and the District of Columbia where citizens are permitted to vote immediately after serving their sentences. Hogan vetoed the legislation in May of last year after the legislature passed it with large majorities.
In response to the override, Hogan’s office issued a statement saying that he was disappointed with the decision and that “our citizens deserve better.”
“Today, twenty-nine people in the Maryland Senate decided to ignore reason and common sense and support an action that the vast majority of Marylanders vehemently oppose,” a spokesperson for the governor said. “For too long, voters have been completely ignored by their elected representatives in Annapolis.”
But there’s no evidence that a “vast majority” of Maryland voters opposed the bill, and national polls show that strong majorities of Amercians support restoring voting rights to non-violent offenders who have served their sentences. Emma Greenman, director of voting rights and democracy at the Center for Popular Democracy, told ThinkProgress that the legislature’s override is crucial for ensuring full political participation in Maryland.
“A lot of those voters are in Baltimore,” she said. “When we talk about political participation, it’s really important. This is a disenfranchised by law community. It’s so important to restore the rights for these 40,000 folks who are paying taxes, raising families, and want to have a political voice in the decisions that are affecting their lives.”
Ex-offenders and their allies unsuccessfully demonstrated in favor of the legislation in Baltimore last year to pressure the governor to sign the bill. Those in favor of the bill also wrote letters and phone banked to emphasize the importance of voting in helping people reintegrate into society after jail or prison.
The bill’s author, freshman Delegate Cory McCray (D-Baltimore), told ThinkProgress last May that it was crucial that people demonstrated to keep elected officials like Hogan accountable.
“When you can’t vote, you don’t have a seat at the table,” said McCray, whose Baltimore district has one of the highest ex-offender populations in the state. “Obviously, they’ve made mistakes, but these are our family members, our friends, our neighbors. These folks pay taxes. You can’t leave 40,000 people out of the conversation on subject matters that directly and indirectly impact them, like criminal justice reform, housing, access to fresh foods, employment, and transportation.”
Greenman, who was involved in the campaign to introduce the legislation, also said its passage will make it much easier to administer elections in the state because anyone not serving time in prison at the time of an election will be given the right to vote.
“It’s incredibly pragmatic for election administration,” she said. “It’s easy for folks on the ground, easy for folks coming out of prison to understand, and easy for election administration officials. Its a clear line.”
Greenman said she hopes the move creates momentum across the country to restore voting rights for ex-offenders. Currently, Minnesota lawmakers are considering a similar change. And more pressure is being put on Florida and the few states that permanently disenfranchise their former felons.
Two weeks before hurricane season, Puerto Rico is not ready, groups warn
Two weeks before hurricane season, Puerto Rico is not ready, groups warn
“One thing is evident at the core of the response,” said Ana Maria Archila, co-executive director at the Center for...
“One thing is evident at the core of the response,” said Ana Maria Archila, co-executive director at the Center for Popular Democracy and a part of the Power 4 Puerto Rico coalition. “There is a crisis of democracy. The federal government is acting as if the people of Puerto Rico are not constituents.”
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A guaranteed “Jobs For All” Program is Gaining Traction Among 2020 Democratic Hopefuls
A guaranteed “Jobs For All” Program is Gaining Traction Among 2020 Democratic Hopefuls
A longtime organizer, Barkan — who has Lou Gehrig’s disease — gained national recognition after his viral confrontation...
A longtime organizer, Barkan — who has Lou Gehrig’s disease — gained national recognition after his viral confrontation of Sen. Jeff Flake, R-Ariz., over his support for the Republican tax plan and the cuts to Medicare that it would impose. When he was diagnosed with ALS in late 2016, Barkan was working with the Center for Popular Democracy on a campaign to reform the Federal Reserve and American monetary policymaking with it. Following Trump’s election, he has continued to fight for that and against a range of Republican policies.
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Another Study Finds Unaccountable Charter Schools Dogged by Corruption
Moyers & Company - October 6, 2014, by Joshua Holland - In today’s Washington Post, Jeff Bryant, director of the...
Moyers & Company - October 6, 2014, by Joshua Holland - In today’s Washington Post, Jeff Bryant, director of the Education Opportunity Network, writes about the promises that were first offered by advocates of the charter school industry:
When former President Bill Clinton recently meandered onto the topic of charter schools, he mentioned something about an “original bargain” that charters were, according to the reporter for The Huffington Post, “supposed to do a better job of educating students.”
A writer at Salon called the remark “stunning” because it brought to light the fact that the overwhelming majority of charter schools do no better than traditional public schools. Yet… charter schools are rarely shuttered for low academic performance….
In a real “bargaining process,” those who bear the consequences of the deal have some say-so on the terms, the deal-makers have to represent themselves honestly (or the deal is off and the negotiating ends), and there are measures in place to ensure everyone involved is held accountable after the deal has been struck.
But that’s not what’s happening in the great charter industry rollout transpiring across the country. Rather than a negotiation over terms, charters are being imposed on communities – either by legislative fiat or well-engineered public policy campaigns. Many charter school operators keep their practices hidden or have been found to be blatantly corrupt. And no one seems to be doing anything to ensure real accountability for these rapidly expanding school operations.
But in May, BillMoyers.com looked at a report issued by Integrity in Education and the Center for Popular Democracy — two groups that oppose school privatization. The study examined charter schools’ performance in 15 states, and revealed $136 million in fraud, waste and abuse in those states. The authors of that study wrote that, “where there is little oversight, and lots of public dollars available, there are incentives for ethically challenged charter operators to charge for services that were never provided.”
Last week, they released a follow-up study of charter schools in Pennsylvania. It found that “charter school officials have defrauded at least $30 million intended for Pennsylvania school children since 1997.”
Yet every year virtually all of the state’s charter schools are found to be financially sound. While the state has complex, multi-layered systems of oversight of the charter system, this history of financial fraud makes it clear that these systems are not effectively detecting or preventing fraud. Indeed, the vast majority of fraud was uncovered by whistleblowers and media exposés, not by the state’s oversight agencies.
The authors found that while the auditing techniques used by Pennsylvania regulators could identify inefficiencies, oversight agencies don’t use tools “specifically designed to uncover fraud.” It also found that oversight agencies were understaffed and underfunded. “With too few qualified people on staff, and too little training, agencies are unable to uncover clues that might lead to fuller investigations and the discovery of fraud,” write the report’s authors.
They also noted that their findings weren’t unique:
Numerous government entities have raised the flag about the risk of fraud nationally and in Pennsylvania. Reporting in 2010 on the lack of charter-school oversight in states throughout the country, the Office of the Inspector General for the U.S. Department of Education raised concerns that state-level education departments were failing “to provide adequate oversight needed to ensure that Federal funds [were] properly used and accounted for.” Also in 2010 in Philadelphia (which educates 50 percent of all Pennsylvania charter-school students), the Office of the Controller performed a “fraud vulnerability assessment” of the city’s oversight of charter schools and reported that the Charter School Office… made the city’s more than $290 million paid to charter schools “extremely vulnerable to fraud, waste, and abuse.” A 2014 follow-up report found that the School District of Philadelphia continues to provide “minimal oversight over charter schools except during the charter renewal process.”
You can download the entire report on Pennsylvania charter schools at The Center for Popular Democracy.
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