Minnesota pension board looks at private equity strategy
Minnesota pension board looks at private equity strategy
Toys R Us has not fared well in recent years. And critics, led by New York’s populist-leaning Center for Popular...
Toys R Us has not fared well in recent years. And critics, led by New York’s populist-leaning Center for Popular Democracy, accused the huge equity-investment firms of making hundreds of millions in fees and dividends on the failed retailer over the years.
Read the full article here.
NATIONAL GROUPS CALL FOR DNC TO CAN SUPERDELEGATE SYSTEM
NATIONAL GROUPS CALL FOR DNC TO CAN SUPERDELEGATE SYSTEM
Fourteen national organizations boasting more than 10 million members are calling on the Democratic National Committee...
Fourteen national organizations boasting more than 10 million members are calling on the Democratic National Committee to end the use of superdelegates to elect the presidential nominee.
The move to end the use of superdelegates was pushed vigorously during the campaign by Sen. Bernie Sanders but many of those supporting the effort include backers of Hillary Clinton, the presumptive Democratic nominee.
DNC Rules Committee member and Rhode Island State Representative Aaron Regunberg has pledged to introduce language to end superdelegates, and several other Rules Committee members have agreed to support the effort at the Democratic National Convention at the end of July.
The organizations said in a joint letter that the superdelegates, who are typically party officials, are not elected by voters and can skew the nominating process. They say the superdelegates carry as much as the combined weight as pledged delegates from 24 states, the District of Columbia and four territories.
Organizations signing on to the letter include: Courage Campaign, Credo, Daily Kos, Demand Progress/Rootstrikers, Democracy for America, Center for Popular Democracy, MoveOn, National Nurses United, NDN, The Other 98%, Presente.org, Progressive Change Campaign Committee, Progressive Democrats of America, and Social Security Works.
Simon Rosenberg, the president of NDN and a former DNC staffer, who supported Hillary Clinton during the primary, said the use of superdelegates is “discordant with broader and vital efforts by Democrats to modernize and improve our democracy. If we want the voice of everyday people to be louder and more consequential in our nation’s politics, it must also be so in our Party.”
Another Clinton supporter, Joe Trippi, who ran Howard Dean’s unsuccessful presidential campaign in 2004, said a key party goal is to “empower voices from the bottom up. The top down idea of superdelegates is obsolete and is a good place to start.”
Sanders’ supporter Rep. Tulsi Gabbard, a superdelegate and former DNC official, also condemned the practice.
“The nominee of our party should be decided by who earns the most votes —not party insiders, unelected officials, or the federal lobbyists that have been given a vote in our nominating process. The current system stands against grassroots activists and the will of the voters,” she said. “We’ve seen a historic number of new voters and activists join our political process in the past year, many of whom are rightly upset at how rigged the political system can seem at times. If we want to strengthen our democracy and our party, we must end the superdelegate process.”
By MARK JOHNSON
Source
Photo Flash: Scarlett Johansson's OUR TOWN Reading Raises $500K for Puerto Rico Relief
Photo Flash: Scarlett Johansson's OUR TOWN Reading Raises $500K for Puerto Rico Relief
"We are deeply grateful to Scarlett Johansson, Kenny Leon and everyone involved in the production of this play for...
"We are deeply grateful to Scarlett Johansson, Kenny Leon and everyone involved in the production of this play for stepping up and contributing their talent to help towards the equitable and just rebuilding of Puerto Rico. This event demonstrates the importance of collective solidarity and responsibility and how powerful it is when we come together to help our communities," said Xiomara Caro, Director of New Organizing Projects for the Center of Popular Democracy and coordinator of Maria Fund.
Read the full article here.
Former CPD Deputy Director Profiled in NY Daily News
New York Daily News - April 15, 2014, by Erica Pearson - Nisha Agarwal, the new city commissioner for immigrant affairs...
New York Daily News - April 15, 2014, by Erica Pearson - Nisha Agarwal, the new city commissioner for immigrant affairs, will rely on her experience at the Center for Popular Democracy and as an advocate for language access in hospitals and pharmacies to help implement City Council and Mayor de Blasio’s push for a municipal ID card.
THE CITY’S new commissioner of immigrant affairs has been on the job for just weeks — but she’s been tackling the biggest issues on her office’s agenda for years.
“It’s such a gift to be in this role, given what I’ve done before,” said Nisha Agarwal, 36, a public-interest lawyer and the daughter of Indian immigrants.
“A lot of people have been asking me, ‘What’s it like working in government?’ because this is the first time I’ve ever done that actually, and the reality is the issues are very similar, and the perspectives on those issues, philosophically, are the same,” said Agarwal, who grew up in upstate Fayetteville and lives in Brooklyn.
She was appointed in February.
As the City Council and Mayor de Blasio move to create a municipal ID card open to all residents, regardless of immigration status, Agarwal will use her own research about identity cards across the nation, collected while she was deputy director of the nonprofit Center for Popular Democracy.
“It’s really exciting to be in a place of actually implementing them,” she said.
“In order to have an effective municipal ID program, it certainly cannot be focused only on immigrant communities. It has to engage a broad range of city agencies and it has to appeal to a broad range of communities within New York.”
Agarwal will also draw on her past as she works to create an immigrant report card of sorts to track how well city agencies are including the newest New Yorkers — especially those who struggle to speak English.
“I started my first campaign as a young lawyer working on language access in hospitals and pharmacies,” said Agarwal, who directed New York Lawyers for the Public Interest’s Health Justice Program and was the primary drafter of the city Language Access in Pharmacies Act.
The city law requires chain pharmacies to translate prescriptions into New Yorkers’ primary language — so that they don’t make dangerous dosage mistakes.
It was transformative for her to be a part of developing the new law.
“I’ve always believed that local government is such a site for innovation and progressive change. To actually have a small role in that, it changed my career trajectory. That felt like, now I can see what the city can do,” Agarwal said.
Now, she’s in the position to answer a different question:
“How do we make those laws and policies really stick and go deeper across city government?” Agarwal said.
Before de Blasio picked her to head his Office of Immigrant Affairs, Agarwal developed a new program called the Immigrant Justice Corps, which offers fellowships to new law school graduates so that they can work as immigration lawyers based with New York City community groups.
Agarwal, who has a passion for social justice, said she’s also planning to have her own advocacy agenda — and spoke alongside activists and religious leaders last week at a Foley Square immigrant rights rally.
Her interest in fighting injustice was sparked early — and shaped by her relatives, said Agarwal, whose grandfather marched with Mahatma Gandhi.
When neighbors put up a new swing set but wouldn’t allow everyone to play on it, a young Agarwal was furious.
“That was my earliest memory of injustice, I thought it was terrible. But my response at the time was just to sort of throw rocks and to get really angry,” she said.
“My parents sat me down and said, ‘First of all, maybe you shouldn’t do that. We appreciate your instinct to fight injustice but throwing rocks is not the way to do it. Let us tell you about this man, who is from the country that we come from, who is Gandhi, and he believes in nonviolence.'”
“I think from the earliest stages of my life through my parents and other role models I have had this sense of wanting to do social justice work,” she said.
Source
Warren leads crusade for diversity at Fed
Warren leads crusade for diversity at Fed
“I’m judging John Williams based on the last several years of him being wrong about the levels of maximum employment...
“I’m judging John Williams based on the last several years of him being wrong about the levels of maximum employment and pushing for additional [interest rate hikes] prematurely because that mistake puts millions of jobs at risk,” said Shawn Sebastian, who co-leads the Fed Up coalition comprising advocacy groups and unions.
Read the full article here.
New York City considers ban of on-call scheduling in retail
New York City considers ban of on-call scheduling in retail
Dive Brief: The New York City Council on Tuesday introduced a package of bills that would ban on-call scheduling and...
Dive Brief:
The New York City Council on Tuesday introduced a package of bills that would ban on-call scheduling and other inflexible, unpredictable scheduling practices deemed unfair by retail workers and many policymakers, according to the council's website.
The bills in some cases go further than what has been proposed by Mayor Bill de Blasio, who said in September he would push for legislation to give fast food and retail workers advance notice of schedules and penalty pay for last-minute changes.
The state of New York has also pushed against on-call scheduling practices, with New York Attorney General Eric Schneiderman’s office warning several retailers that aspects of such practices are already against state law, which prompted Urban Outfitters, Gap Inc., L. Brands, J. Crew, Pier 1 and Abercrombie & Fitch to end on-call scheduling.
With the heightened expectations of shoppers for convenience and service, retailers have to be able to provide a seamless omni-channel experience. Learn ways to truly optimize your fulfillment network in this new playbook.
Dive Insight:
Algorithms in scheduling software have helped retailers cut costs through efficient staffing, but have also made life difficult for workers who are trying to manage households, attend school or work additional jobs. New York isn’t the only place to find growing antipathy toward the practice of on-call scheduling. Seattle, San Francisco and Bay Area city Emeryville have also passed laws limiting and penalizing the practice.
In New York, the proposed bills would ensure that when hours become available, they’re offered first to existing employees, before new workers are hired. Many part-time workers remain willing to work full-time but can’t find the positions, according to the U.S. Department of Labor. This will offer a pathway to full-time work. The bills also provide remedies and protections to retail workers when on-call scheduling does occur and establish a process for employees to seek flexible work arrangements, among other provisions.
"People working in fast food and retail have made clear that higher wages are not enough without hours they can count on," Elianne Farhat, Deputy Campaign Director of the Fair Workweek Initiative at the Center for Popular Democracy, said in a statement emailed to Retail Dive. "Now more than ever, parents and students need more input into their work hours so they can balance working hard with caring for their families, attending college classes and participating in our community.”
Indeed, retailers should be prepared to see more such concerns, warnings and even legislation from more states and jurisdictions across the country as on call scheduling gets more scrutiny, Gail Gottehrer, a labor and employment litigator at Axinn Veltrop & Harkrider in New York, told Retail Dive last year. “This can be especially difficult for multi-state employers,” Gottehrer said. “If you’re in a lot of jurisdictions it can be complicated to get things right.”
By Daphne Howland
Source
CORRUPT CONGRESSMEN DEMAND DIVERSITY FROM FEDERAL RESERVE
CORRUPT CONGRESSMEN DEMAND DIVERSITY FROM FEDERAL RESERVE
Do you know what our divided and divisive political system needs? More tribalism. And who would know that better than...
Do you know what our divided and divisive political system needs? More tribalism.
And who would know that better than Cherokee Senator Elizabeth Warren who has a letter out complaining that there are too many white men on the board of the Federal Reserve. The letter is co-signed by the usual clown show of the Congressional Black Caucus and the Progressive Caucus.
The first signature belongs to John Conyers whose wife pleaded guilty to a conspiracy to commit bribery. Also present are the likes of Maxine Waters and Frederica Wilson, Gwen Moore, former Nation of Islam supporter Keith Ellison, Bernie Sanders, Al Franken, Bernice Johnson and Alcee Hastings, who was impeached for bribery.
Bernice Johnson had her own ethical issues.
Longtime Dallas congresswoman Eddie Bernice Johnson has awarded thousands of dollars in college scholarships to four relatives and a top aide's two children since 2005, using foundation funds set aside for black lawmakers' causes. Eddie Bernice Johnson
The recipients were ineligible under anti-nepotism rules of the Congressional Black Caucus Foundation, which provided the money. And all of the awards violated a foundation requirement that scholarship winners live or study in a caucus member's district.
What's This?
And Maxine Waters? She's got a record.
The influential congresswoman has helped family members make more than $1 million through business ventures with companies and causes that she has helped, according to her hometown newspaper.
A few years ago Waters was investigated by the House Ethics Committee for steering $12 million in federal bailout funds to a failing Massachusetts bank (that subsequently got shut down by the government) in which she and her board member husband held shares.
Waters has also come under fire for skirting federal elections rules with a shady fundraising gimmick that allows her to receive unlimited amounts of donations from certain contributors. For years the veteran Los Angeles lawmaker has raked in hundreds of thousands of dollars in short periods of time by selling her endorsement to other politicians and political causes for as much as $45,000 a pop instead of raising most of her campaign funds from individuals and political action committees.
Then there's Alan Grayson who has his own hedge fund.
Rep. Alan Grayson manages hedge funds that use his name in their title, a practice prohibited by congressional ethics rules designed to prevent members from using their elected post for financial gain.
The specific ethics provisions tied to the funds Grayson manages, two of which are based in the Cayman Islands, sit in a sort of gray area and have never been examined by the House Ethics Committee.
Sure. Let's let these people dictate diversity at the Fed.
By Daniel Greenfield
Source
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...
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.
Pennsylvania Groups Press For Quicker Action on Immigration Reform
CBS – September 5, 2013, by Cherri Gregg - PHILADELPHIA (CBS) — As Congress gets ready to head back to Washington, a...
CBS – September 5, 2013, by Cherri Gregg -
PHILADELPHIA (CBS) — As Congress gets ready to head back to Washington, a coalition of Pennsylvania advocates for immigration reform is holding a series of events to send a clear message to area elected officials.
The events include town hall meetings, business roundtables, prayer vigils, and rallies in Philadelphia, Bucks, Chester, Montgomery and other counties.
“This last week of events is just to send them back to Washington with a big push,” says Sundrop Carter, the lead organizer for Pennsylvania United for Immigration Reform. “Now is Congress’ opportunity to do the right thing — to pass comprehensive immigration reforms that provide a pathway to citizenship, workers’ rights, and reunification of families.”
Bucks County resident Celia Sharp came to the United States 40 years ago from Colombia because of civil unrest in her home country. Now a US citizen, she says reforms are necessary — especially in Pennsylvania, where immigrant populations are growing.
“This is a critical human rights matter, a national security issue,” she says.
Some of the upcoming regional events include the following:
Business Roundtable by Pennsylvania Immigration and Citizenship Coalition, Partnership for a New American Economy, Center for Popular Democracy, Welcoming Center for New Pennsylvanians:”Immigration Reform: Growing Pennsylvania’s Economy.” Thursday, Sept. 5, 12 noon, 200 S. Broad St., G. Fred DiBona Jr. Room, Philadelphia, PA Vigil for Immigration Reform and End Deportations Now by Pennsylvania United for Immigration Reform, JUNTOS. Monday, Sept. 9, 6:30pm, at 354 W Elm St, Norristown, PA March and Rally for Comprehensive Immigration Reform by Organizing for Action, Keystone Progress. Thursday, Sept. 12, 1pm, at Delaware Canal State Park, New Hope, PA Community Forum on Comprehensive Immigration Reform by Center for Popular Democracy, Grupo de Apoyo e Integración Hispanoamericano, Muhlenburg College. Thursday, Sept. 12, 7pm, at Muhlenberg College, 2400 W. Chew St, Seegers Union, Allentown PA.Source
Activists Protest Universities Over Investments In Puerto Rico Bondholders
Activists Protest Universities Over Investments In Puerto Rico Bondholders
A coalition of social and economic justice groups has launched a one-week campaign to end what they view as problematic...
A coalition of social and economic justice groups has launched a one-week campaign to end what they view as problematic university investments. The New York-based Center for Popular Democracy (CPD) and partner organizations including three Make the Road branches will hold six protests along the East Coast, calling on Columbia, Harvard and Yale to pull their investments out of hedge funds that hold Puerto Rican debt and have advocated austerity measures in the U.S. territory, leading to mass school closings and higher tuition costs.
Read the full article here.
1 day ago
1 day ago