Why are former Toys R Us workers planning to protest CalSTRS’ investments of private equity?
Why are former Toys R Us workers planning to protest CalSTRS’ investments of private equity?
Supporting the workers are Rise Up Retail, the Center for Popular Democracy and the Organization United for Respect....
Supporting the workers are Rise Up Retail, the Center for Popular Democracy and the Organization United for Respect.
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Turmoil Among Progressive, Latino Groups After Julian Castro Attacked
Turmoil Among Progressive, Latino Groups After Julian Castro Attacked
Why Are Progressive Groups Slamming Julián Castro? Castro,Julian-Clinton,HillaryTexas Insider Report: WASHINGTON, D.C...
Why Are Progressive Groups Slamming Julián Castro?
Castro,Julian-Clinton,HillaryTexas Insider Report: WASHINGTON, D.C. – In the middle of April, POLITICO reported that several progressive groups have targeted HUD Secretary Julián Castro, questioning his vice presidential qualifications if Hillary Clinton were to win the Democratic presidential nomination. The fight between a new-school Latino group and some old-school Latino groups erupted into chatter that kept getting stronger, so much so that Castro had to address it with NBC News.
The new-school latinos campaign led to dissension among Latino organizations. Others have weighed in on the story, claiming that Castro being Latino is just irrelevant. In the midst of all this hubbub, one thing became clear — none of those old-guard Latino groups countered on the merits of the attack against Castro. Apparently, he is untouchable, regardless what he does.
Joe Velasquez, a former deputy political director in the Clinton Administration, submitted his resignation letter from the board of American Family Voices (AFV), which was part of the coalition of groups that hit Castro for a HUD policy the groups argue is too friendly to financial institutions looking to buy distressed homes.
berniesanders-hillaryclintonAnd, the Sanders campaign denied having any part in the effort to discredit Castro.
Progressive groups target Julián Castro
They say the record of the HUD secretary makes him unsuitable to be Clinton’s VP.
By Edward-Isaac Dovere
The 41-year-old Julian Castro is seen by many as the perfect balance to Hillary Clinton. But the veepstakes oppo war has begun.
With Bernie Sanders’ durability exciting progressives at their potential to shape the Democratic race, a coalition of groups — many of them backers of the Vermont senator — are launching a preemptive strike against Housing and Urban Development Secretary Julián Castro, aimed at disqualifying him from consideration to be Hillary Clinton’s running mate.
Tuesday morning, the group emailed petitions to several million people attacking Castro on the relatively obscure issue of his handling of mortgage sales and launching a website with an unsubtle address: DontSellOurHomesToWallStreet.org.
They’re just as open with their political aims: to publicly discredit Castro as a progressive, latching onto the mortgage issue to seed enough suspicion to keep him off Clinton’s shortlist.
“It’s a situation where the Clinton campaign wants Castro to be a major asset to her chances of winning the White House, and unless he changes his position related to foreclosures and loans, he’ll be a toxic asset to the Clinton campaign,” said Matt Nelson, the managing director for Presente.org, the nation’s largest Latino organizing group that focuses on social justice.
“All year, we’ve seen the candidates tripping over themselves to show how tough they’ll be on Wall Street,” said Kurt Walters, the campaign manager for Root Strikers, a 501(c4) group of Demand Progress and its 2 million affiliated activists, who is planning to deliver the petitions to Castro’s office when they’re ready. “Then to turn around and take a step backwards on that exact question, and Castro, Julian3hput someone who has been doing the exact opposite — I think it would be tough for a lot of people who care about Wall Street accountability to get excited about that pick.”
By the coalition’s calculations, HUD under Castro has sold 98 percent of the long-delinquent mortgages it acquired through a program aimed at preventing foreclosures to Wall Street banks under Castro’s watch, without anywhere near the number of needed strings attached. (HUD says that figure is way off.) And Nelson and Walters say that for a politician who’s aiming to be considered the vice presidential prospect for both progressives and minorities, Castro has done too much to help private equity firms like Blackstone, instead of black and Latino communities.
“If Secretary Castro fails to create significant momentum in terms of stopping the sale of mortgages to Wall Street, then I do think it disqualifies him. But there’s time left on the clock,” said Jonathan Westin, the director of New York Communities for Change, which was formed out of the remains of the community activist group ACORN. “I think a lot of the progressive movement would not be in support of a Castro ticket if he fails to make traction here.”
The 41-year-old Castro is seen by many as the perfect balance to Clinton — younger and Latino, with a history as mayor of San Antonio and now two years in the Obama administration, handsome and with a 2012 convention keynote speech that immediately made him a rising star to watch in the party. And people close to him say he’s a proven progressive across the board.
“Castro has a strong record at HUD fighting on behalf of progressive issues including protecting those with criminal records, standing up for LGBT rights and advocating for more inclusive communities through affirmatively furthering fair housing,” said one person close to the secretary.
But Maurice Weeks, an Atlanta-based organizer who works on housing justice in communities of color for the Center for Popular Democracy/CPD Action, said that Castro’s lack of action at HUD is breeding more gentrification and suffering in a way that should make blacks and Latinos pay attention.
“What I wouldn’t be excited about is any candidate, not just Julián, who is looking to further some of these practices,” Weeks said.
At issue is the Distressed Asset Stabilization Program, started in 2010 to allow mortgages going toward foreclosure to be sold to what HUD calls “qualified bidders and encourages them to work with borrowers to help bring the loan out of default.”
The progressives attacking Castro say they believe the mortgages should be sold instead to nonprofits and other institutions that would care more about the communities involved. What Castro’s done, they say, has essentially amounted to a fire sale for Wall Street firms.
Castro,Julian3hRep. Raúl Grijalva (D-Ariz.), co-chairman of the Congressional Progressive Caucus and one of Sanders’ few endorsers in Congress, complained about the program to Castro last week in a letter obtained by Politico.
“Your own Distressed Asset Stabilization Program, which was designed to help right the wrongs of the meltdown years, has been selling homes that once belonged to the families I’ve spoken with at rock-bottom prices to the Wall Street entities that created this situation in the first place,” Grijalva wrote.
HUD says that Castro has continued to meet with advocates, in the hopes of improving the policy, and points to several changes that have been made — including those that have increased the number of mortgages sold to nonprofits. An official pointed to changes made a year ago that, among other things, now require servicers buying loans to delay foreclosure for a year.
“Providing an option for homeowners to remain in their homes is one of the reasons the DASP program was created” said a HUD spokesperson. “We’ve received feedback from stakeholders which has led us to make a number of important changes to the program including the creation of nonprofit-only pools and delaying foreclosure for a year. Additionally, we are still evaluating further enhancements to the program to meet our core mission.”
But that’s not enough for the groups joining the coalition to attack Castro. Those include the Alliance of Californians for Community Empowerment (ACCE) Action, American Family Voices, Color of Change, Courage Campaign, CPD Action, Daily Kos, MoveOn, New York Communities for Change, Other 98%, Presente, RootsAction, Rootstrikers and the Working Families Party.
With the exception of the Working Families Party, which is backing Sanders, the groups have not formally endorsed a candidate in the presidential primaries.
Most conversations about Clinton’s prospective pick center on Castro and Sen. Tim Kaine (D-Va.), and the secretary’s ambitions to be the vice presidential nominee are well known.
But among progressives, so are the suspicions about his bona fides. The red banner across the website proclaiming “TELL HUD SECRETARY JULIAN CASTRO: STOP SELLING OUR NEIGHBORHOODS TO WALL STREET!” amounts to the opening salvo in doing something about it.
“There’s a lot of hope around him,” said Brandi Collins, campaign director for the 1.2-million member Color of Change, who said she was one of the people excited by the possibilities opened up by his keynote speech.
Collins said this complaint about Castro’s leadership is reflective of a whole range of issues her organization has had with what members say is the secretary’s closeness to Wall Street and lack of attention to black and brown communities.
“If he’s not showing up for our communities while the cameras aren’t there, we don’t know that he’ll show up when he’s on his way to the White House,” Collins said.
According to Julia Gordon, formerly at the Center for American Progress and currently an executive vice president at the National Community Stabilization Trust, the coalition may have a point — if only because it is taking advantage of opaque accounting at HUD. Gordon said she’s met often with HUD about these issues but hasn’t seen the kind of progress she’d like or evidence that the program matches the claims that officials make.
“We know it’s been good for investors. According to HUD, it’s been good for the fund, although the level of detail that they release to account for it is minimal. We really don’t know how good it’s been for the homeowners, and that’s where this wave of protests is coming from,” Gordon said.
Laurie Goodman, the director of the Housing Finance Policy Center at the Urban Institute, said that the people who are attacking Castro for selling the loans to Wall Street are misinterpreting the pragmatic realities about what’s in play.
The mortgages in question tend to be delinquent for over two years, she said, and getting them out of HUD with its limited resources and tools to deal with them is a positive step for homeowners. Only big banks can take on mortgages like that, she argued, making the nonprofit issue moot.
“The only way to help these borrowers is to sell the loans. You don’t have any other buyers big enough in size,” she said. “Even if you wanted to do something different, you couldn’t.”
Within that, though, Goodman credited HUD under Castro for making “some really big improvements.”
Not nearly enough, according to Gordon.
“Both HUD and [the Federal Housing Finance Agency] have let down communities by not focusing on what they want the buyer to do with these,” Gordon said, arguing that they’ve been focused instead on offloading the debt. “They’re just like, ‘Get it away from me.’”
The idea that Castro would be the first Latino on a national ticket means something, Nelson said, though he argued that this only adds to the burden for the secretary to show leadership on the mortgage issue in the way progressives want at this moment of added attention to their concerns.
Nelson said that at Presente, they think of it like a parable — it doesn’t make it any better to be hurt if the hurt is coming from one of their own.
There are two trees in a forest, Nelson said, and they see an ax coming to chop them down. “Don’t worry,” says one tree to the other, “the handle’s one of us.”
“Basically,” Nelson said, “we’re fighting to make sure Castro isn’t the handle.”
By Edward-Isaac Dovere
Source
JPMorgan's Dimon defends Trump advisory role, deregulation
JPMorgan's Dimon defends Trump advisory role, deregulation
JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon on Tuesday responded to criticism from angry shareholders...
JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon on Tuesday responded to criticism from angry shareholders of his role advising President Donald Trump on economic matters, saying he would help "any president" in office.
At the bank's annual meeting in Wilmington, Delaware, several attendees demanded answers from Dimon about his role on a White House business council and JPMorgan's involvement with financial deregulation efforts in Washington.
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Jeff Flake debates GOP tax plan with voter on a plane
Jeff Flake debates GOP tax plan with voter on a plane
While traveling Thursday on an airplane from Washington, GOP Sen. Jeff Flake debated a voter in a wide-ranging...
While traveling Thursday on an airplane from Washington, GOP Sen. Jeff Flake debated a voter in a wide-ranging discussion about the GOP tax plan, the issue of Dreamers, the Affordable Care Act and the Children's Health Insurance Program.
Flake spoke for 11 minutes to a person who identified himself on his Twitter account as Ady Barkan, of California, according to a tweet posted by his friend. Barkan explained his current situation having been diagnosed with Lou Gehrig's disease, or amyotrophic lateral sclerosis, and how the tax bill would affect his health care to Flake.
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The ALS Activist Who Thinks He Can Flip a Deep Red Arizona District
The ALS Activist Who Thinks He Can Flip a Deep Red Arizona District
Last week, Barkan and a host of progressive activists announced the launch of the Be a Hero initiative, created in part...
Last week, Barkan and a host of progressive activists announced the launch of the Be a Hero initiative, created in part by the Center for Popular Democracy Action, a group that has consistently protested efforts at health care repeal and the GOP tax plan.
Along with their launch, organizers put out a heart-tugging video of Barkan talking about his struggle with ALS over the past year and addressing his young son Carl.
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Forever 21 And Others Accused Of Skirting California Labor Laws Around On-Call Shifts
Forever 21 And Others Accused Of Skirting California Labor Laws Around On-Call Shifts
A former employee of Forever 21 hit the company with a...
A former employee of Forever 21 hit the company with a lawsuit in California state court over its exploitative scheduling practices, just a week after a class action was filed against BCBG Max Azria alleging the same practices.
Raalon Kennedy, who previously worked at Forever 21 as sales clerk, claims the company requires employees to be on call for shifts but doesn’t compensate them with required pay for being made to report to work yet being sent home, as per California law. “In reality, these on-call shifts are no different than regular shifts, and Forever 21 has misclassified them in order to avoid paying reporting time in accordance with applicable law,” he said.
Robynette Robinson’s suit against BCBG seeks class action status on behalf of workers who she alleges were similarly required to report for on-call shifts but not asked to work, yet were not given reporting time pay. “This class action on behalf of BCBG Max Azria Group LLC retail store employees challenge[s] a new form of wage theft — the practice of scheduling employees in retail stores for ‘on-call’ shifts but failing to pay the employees required reporting-time pay,” she said.
Forever 21 and BCBG could not be immediately reached for comment.
Bridgford Gleason & Artinian, the law firm representing both Kennedy and Robinson, told Law 360 that it has also filed similar lawsuits against other retailers that include The Gap and its subsidiaries, PacSun, and Tilly’s, and plans to file four or five more.
California law stipulates that employees be compensated with “reporting time pay” for being required to report to work but only being asked to work less than half of the actual shift. That pay is supposed to come to an employee’s regular rate of pay for half of a day’s work.
Other states have these requirements as well: Connecticut, Massachusetts, New Hampshire, New Jersey, New York, Oregon, Rhode Island, and Washington, DC all have similar laws on the books. New York’s law is being put to the test by Attorney General Eric Schneiderman, who sent letters to 13 large retailers in April looking into whether their scheduling practices run afoul of the law. Since then, four of them have pledged to end on-call scheduling.
Chaotic scheduling is rampant throughout the retail industry, however, and goes beyond being made to be available for a shift without knowing whether there will actually be work. One survey in the service sector found that a third of employees rarely get consistent work schedules, while more than half only find out their schedules a week or less in advance. A different study found that within retail, more than a quarter of workers have irregular schedules that include on-call shifts, two shifts in the same day, or rotating shifts. Forty percent of retail workers in New York City say they have no set hours from week to week, while a quarter have been required to be on call.
These schedules can make it impossible to get by. Without a set minimum of weekly hours, workers may never know week to week whether they’ll earn enough to pay their bills. Without knowing for sure when they’ll be asked to come in, child care or transportation arrangements can fall through. And it makes it extremely difficult to hold down a second or third job to help make ends meet.
Source: ThinkProgress
Silicon Valley part-time workers file petition to work more hours
Silicon Valley part-time workers file petition to work more hours
San Jose labor advocates, religious leaders and hourly workers on Tuesday submitted to city officials a proposed ballot...
San Jose labor advocates, religious leaders and hourly workers on Tuesday submitted to city officials a proposed ballot measure that would force large and mid-size companies to offer their part-time employees more hours before hiring additional temps.
Organizers submitted more than 34,700 signatures to place the Opportunity to Work Initiative on the city’s November ballot, city officials said. At least 18,852 valid signatures, as verified by the county’s Registrar of Voters, are required.
If approved by voters, the initiative would apply to all companies with more than 35 employees.
The initiative is the latest effort of the Silicon Valley Rising movement, which is trying to address the region’s growing affordability crisis for low-wage earners. Community leaders and coalition members have also campaigned for affordable housing and minimum wage increases.
“This is another step toward framing more properly the questions of the wage gap and wealth gap in Silicon Valley,” said the Rev. Jon Pedigo, board member of the Silicon Valley Rising coalition and pastor of Our Lady of Guadalupe Church in East San Jose. “We see this as a moral issue, and we see this as a unifying issue where everyone will win.”
Facebook, Microsoft, and Apple, some of the biggest names in tech, have proudly touted the fact that they have done aways with gender pay gap. But that doesn't mean the tech industry overall is suddenly paying men and women equally across the board. Hired
One-third of San Jose workers earn less than the average annual rent for a one-bedroom home in the city, and families are increasingly struggling to make ends meet, according to an April report by the Center for Popular Democracy, Working Partnerships USA and the Fair Workweek Initiative.
“We’ve reached a crisis point,” Pedigo said. “There are so many people every day that are displaced.”
More than 40 percent of the estimated 162,000 people who work hourly jobs in San Jose rely on part-time work or variable schedules for their income, the report said.
Variable work schedules cause workers' incomes to fluctuate monthly, making it harder for earners to consistently support their families and pay rent. The burden falls hardest on women and minorities. More than 60 percent of hourly workers are women, according to the report. Almost 70 percent are people of color.
Alejandra Mejia, 29, makes $12 an hour as a part-time manager at a McDonald’s in San Jose. A single mother of three, Mejia depends on her monthly income to feed her kids.
The four of them live in a single room in a friend’s house. She can’t afford her own place, and she can’t depend on receiving a consistent monthly income. Over the past eight years, her weekly shifts have fluctuated — usually between 20 and 30 hours per week.
Mejia asked her boss for more work hours. Last week, the restaurant hired new people and gave Mejia only eight hours. Mejia will make $400 this month, almost $200 less than the average monthly income she depends on.
“I’m assuming I’m going to get money to support my kids, to feed my kids and to pay my rent,” Mejia said. “I don’t know what I’m going to do this month.”
Large companies consistently fail to treat employees like Mejia as people, as opposed to “cogs in a wheel,” Pedigo said. He called their choice to spread wages among part-time employees instead of hiring full-time workers “reprehensible.”
“We have a choice we have to make about how we move forward,” Pedigo said. “Do we move forward together based on the common good, or do we move forward based on the bottom line and the profit margin?”
By Jessica Floum
Source
Ana María Archila and Héctor Figueroa on Immigration Reform
Cuatro panelistas explican los logros y obstáculos de las marchas pro-inmigrantes de primero de mayo que llevan ya casi...
Cuatro panelistas explican los logros y obstáculos de las marchas pro-inmigrantes de primero de mayo que llevan ya casi una década. Visitan el programa Héctor Figueroa, presidente del sindicato 32BJ, la abogada, directora de la Coalición del Norte de Manhattan por los Derechos de los Inmigrantes Ángela Fernández, el pastor luterano Fabián Arias de la iglesia Sión y Ana María Archila, co-directora ejecutiva del Centro por la Democracia Popular.
Protesters disrupt Senate hearing on health care bill that may be dead
Protesters disrupt Senate hearing on health care bill that may be dead
WASHINGTON — The Republican bill to replace Obamacare appears all but dead in the Senate, but the chamber’s Finance...
WASHINGTON — The Republican bill to replace Obamacare appears all but dead in the Senate, but the chamber’s Finance Committee proceeded with a hearing on it anyway Monday afternoon.
Finance Chairman Orrin Hatch asked by a reporter what chance the bill has of passing, replied “Zero. ... I don’t think it has much chance. The Democrats aren’t going to support it. They’re too interested in demagoguing it.”
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Bringing Black Voices to the Immigration Reform Debate
Bringing Black Voices to the Immigration Reform Debate
A Haitian American who grew up in Miami's Little Haiti community, Francesca Menes remembers the global cries for "...
A Haitian American who grew up in Miami's Little Haiti community, Francesca Menes remembers the global cries for "Democracy for Haiti" following the 1991 coup. Amidst the current threats to American democracy, she sees a reawakening of the political consciousness of American citizens and an opportunity to build real people power. As a longtime social justice activist and member of the Black Immigration Network'ssteering committee, Menes has learned to use her resources to lift up the voices of the most vulnerable.
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