CPD IN THE NEWS

Fox News Latino – October 24, 2013 -

A disproportional number of Latino construction workers in New York City die while on the job compared to their coworkers of other races, according to a new report.

From 2003 to 2011, three-fourths of construction workers who died were either U.S.-born Latinos or immigrants, according to a review of all of the fatal falls on the job investigated by the Occupational Safety and Health Administration, an agency of the federal Labor Department.

“The data we have demonstrates that Latinos and immigrants are more likely to die in these types of accidents,” Connie Razza, from the Center for Popular Democracy, which compiled the report, told the New York Daily News.

Construction safety advocates and a study by the New York State Trial Lawyers Association cited safety violations on job sites run by smaller, non-union contractors and an unwillingness by some undocumented workers to report violations as main reasons for the high number of deaths among Latino workers.

“Contractors aren’t taking simple steps to protect their workers,” said Razza. “They are not providing the training and the safety equipment that are required by law.”

While New York may have a surprisingly high number of deaths of Latino construction workers, numbers nationwide for Hispanic deaths on the jobs are also greater than any other group.

OSHA reported that 749 Latino workers were killed from work-related injuries in 2011— more than 14 deaths a week or two Latino workers killed every single day of the year. While 12 percent of all fatal work injuries in 2011 involved contractor work, Latinos made up 28 percent of fatal work injuries among contractors — well above their 16 percent share of all fatal work injuries in 2011.

Advocacy groups in New York are working to combat any changes to the state’s scaffolding law, which organizations like Razza’s the Center for Popular Democracy say gives incentive to keep workplaces safe.

Contractors argue that the law, which holds owners and contractors who did not follow safety rules fully liable for workplace injuries and deaths, has caused their insurance costs to skyrocket.

New York lawmakers, however, has historically blocked any of the proposed changes to the law.

“All we’re looking for is the ability to have the same right as anybody else would in the American jurisprudence system,” said Louis J. Coletti, president and CEO of the Building Trades Employers’ Association.

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The selection of a regional Federal Reserve bank president normally takes place in relative obscurity, followed only by local business leaders, financial executives and analysts who track monetary policy.

But amid concerns about a lack of diversity at the highest levels of the nation’s central banking system, great attention is being focused on who will be chosen as the next head of the Federal Reserve Bank of Atlanta.

The search is being watched closely by members of Congress and advocacy groups that have complained publicly in recent months that the Fed’s top leadership is nearly all white.

The Atlanta region, which has a large African American population, presents the perfect opportunity to start changing that, they said.

 “This would be historic,” said Rep. Maxine Waters (D-Los Angeles), who would like the Fed to make the next Atlanta chief the first African American to lead one of the 12 regional banks. “It would be very important, and it’s long overdue.”

As the Fed has taken on a larger role in the economy in the wake of the Great Recession, the lack of racial and ethnic diversity among key decision-makers has sparked concerns that monetary policy decisions haven’t taken into account the higher unemployment rates among African Americans and Latinos.

“Communities of color have not yet experienced full economic recovery,” said Shawn Sebastian, field director of Fed Up, a campaign by labor, community and liberal activist groups that wants the Fed to enact pro-worker policies.

“As a really important economic policymaker, the Fed needs to actually reflect America,” he said.

Leading African American lawmakers have called on Fed Chairwoman Janet L. Yellen, the first woman to lead the central bank, and the Atlanta Fed to conduct a broad search.

Fed officials have promised to do that. But they’ve made no commitment to a diverse appointment for a complex job that includes overseeing about 1,700 employees in the Atlanta region and participating in monetary policy deliberations in Washington.

During an October webcast on the search, Tom Fanning, chairman of the Atlanta Fed’s board of directors, was asked whether the bank had “a special opportunity” to break the regional bank “color barrier.”

“That would be a great thing. We’re all for it,” he said. “We want the best person as well.”

The U.S. labor force's guy problem: Lots of men don’t have a job and aren’t looking for one »

Fanning, chief executive of Atlanta-based energy firm Southern Co., is leading the bank’s search committee. The committee is reviewing candidates and doesn’t have a timetable for a decision, Atlanta Fed spokeswoman Jean Tate said.

The five sitting members of the Board of Governors and 11 of the 12 regional bank presidents are white. Since the central bank was created in 1913, three African Americans have served as governors, but there have been no Latinos. There never has been an African American or Latino regional Fed president.

“They just need more diversity,” Waters said.

Regional Fed presidents rotate onto the Federal Open Market Committee, where they join Fed governors in setting the level of a key interest rate that affects business and consumer loans.

The committee has started nudging up the rate as the unemployment rate has fallen below 5%. But many liberals are worried the job market isn’t fully healed, pointing to higher unemployment rates for African Americans and Latinos.

Last spring, Waters was among 116 House members and 11 senators who wrote to Yellen criticizing what they called “the disproportionately white and male” leadership at the central bank.

“Given the critical linkage between monetary policy and the experiences of hardworking Americans, the importance of ensuring that such positions are filled by persons that reflect and represent the interests of our diverse country, cannot be understated,” said the letter, organized by Rep. John Conyers (D-Mich.) and Sen. Elizabeth Warren (D-Mass.).

At congressional hearings, lawmakers have pushed Yellen to do more to improve diversity among the regional bank chiefs.

The president nominates Fed governors, who must be confirmed by the Senate. Yellen and her colleagues on the Board of Governors give final approval for regional bank president selections, which are made by the board of directors of each bank.

“It’s our job to make sure that every search for those jobs assembles a broad and diverse group of candidates,” Yellen told Rep. David Scott (D-Ga.) last winter after he pressed her to consider “getting an African American, for the first time in history, to be a regional president of a Federal Reserve bank.”

That was before Atlanta Fed President Dennis Lockhart announced his resignation in September, effective Feb. 28.

Shortly afterward, Waters, the top Democrat on the House Financial Services Committee, joined Conyers, Scott and Rep. John Lewis, another Georgia Democrat, in writing to Yellen and Fanning urging the Fed to “consider candidates from diverse personal backgrounds, including African Americans, Latinos and women.”

The letter said that “grave racial disparities exist across our nation in unemployment wages and income.” It also said that the unemployment and poverty rates for African Americans in the Atlanta region — Alabama, Florida, Georgia and parts of Louisiana, Mississippi and Tennessee — were about double those for whites.

For the first time, the Atlanta Fed’s search committee has asked the public to submit names of potential candidates. The Atlanta Fed also has tried to make the process more transparent by posting details on its website, including holding the October webcast in which Fanning answered the public’s questions.

Asked about the importance of diversity for addressing “the special concerns of minority communities,” Fanning said he thought the Fed already did a good job on the issue, but “increasing our cultural bandwidth” was important.

“It is incumbent upon the person that gets this job to have the broadest perspective possible,” he said. “That’s why valuing diversity is really a critical component here.”

By Jim Puzzanghera

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Crowds of activists swarmed Senate offices Wednesday to protest the Republican Party's proposed plan to repeal Obamacare.

Lining hallways across Washington, participants staged multiple demonstrations looking to voice their dissatisfaction with Majority Leader Mitch McConnell's intent to dismantle Obamacare without a replacement following the implosion of the Republican Party's latest Senate health care bill.

Read the full article here.

New Republic - Last weekend, Cee Cee Butler, a 34-year-old McDonald’s worker from Washington D.C., became sick with the flu, or at least something that resembled the flu. Her phone had been cut off and she missed work Friday, Saturday and Sunday. “I did a ‘no-call, no-show’ for three days and I’ve never done that in over the year and a half I’ve been working here at McDonald's,” she said. “They terminated me Tuesday morning. So I lost my job, my rent is going up in December, I have two kids—19 and 5, a girl and boy—and I can’t afford to take care of them.”

On Friday, Butler gathered outside the Federal Reserve building with around two dozen activists from labor unions and progressive groups before an afternoon meeting with Fed Chair Janet Yellen. The groups are part of a new campaign called “Fed Up” that is pressuring Yellen and her colleagues to keep interest rates at zero until the recovery strengthens and wages rise. “The economy is not working for the vast majority of people,” said Ady Barkan, a lawyer from The Center for Popular Democracy, which is the lead organizer of the campaign. Fed Up wants to rectify that problem by putting direct pressure on the Federal Reserve itself—a quest that may not captivate the public’s attention but could have a very real effect on the lives of working Americans.

In August, for instance, members of Fed Up staged protests outside of the Federal Reserve’s annual monetary policy conference in Jackson Hole, Wyoming. Many reporters there said it was the first time they could remember protestors at the conference—but their tactics must have worked, because Yellen agreed to meet with the protesters Friday afternoon in the boardroom where the Federal Open Markets Committee (FOMC) meets eight times a year to set monetary policy. Three other Federal Reserve governors—Vice Chair Stanley Fischer, Jerome Powell and Lael Brainard—joined the meeting and the activists said that Yellen was engaged throughout and was moved by the stories she heard. They hope that this meeting was just the first of many in the future.

The message the Fed Up campaign delivered is the same one voters sent loud and clear last week: The recovery is not being felt by millions of Americans. Exit polls indicated that 45 percent of voters considered the economy the most important issue of the midterms. Wage growth for low-income workers, like janitors and fast food workers, are barely keeping up with inflation. “That’s not an economic recovery,” said Jean Andre, who does location support for film production and is a member of New York Communities for Change. “That’s not the way thing should be.”

But the slow recovery isn’t always noticeable in leading economic indicators. The unemployment rate, for instance, has fallen 2.1 percentage points since the start of 2013 and is now at 5.8 percent, its lowest point in more than six years. As a result, some economists inside and outside the Fed, including inflation hawk Charles Plosser, have called for a hike in interest rates in the near future. “Beginning to raise rates sooner rather than later reduces the chance that inflation will accelerate and, in so doing, require policy to become fairly aggressive with perhaps unsettling consequences,” Plosser, the president of the Federal Reserve Bank of Philadelphia, said Wednesday.

Plosser’s worry about rising inflation, even though it is nowhere to be found, could prove dangerous. If the FOMC listens to the hawks, it will prematurely raise rates and choke off the recovery before workers see wage growth. So far, Yellen has done a good job ignoring Plosser and Co. And, luckily, Plosser and Richard Fisher, the president of the Dallas Federal Reserve Bank and another hawk at the FOMC, announced that they would retire in the spring of 2015, opening up two positions that have a significant impact on monetary policy. Fed Up sees their retirements as a boon—and is keen to have a say in the selection process.

Under the current rules, Plosser and Fisher’s replacements will be chosen by the board of the Philadelphia and Dallas reserve banks, respectively. Each board has nine members, three from banks and six from nonbanks—companies and organizations that are not financial institutions. Because of Dodd-Frank restrictions, only the six non-bank members are involved in selecting the replacements. But of those six members, three are chosen by banks and three are chosen by the Fed board in Washington. Workers and consumers are supposed to be represented on the board, but of the 108 members, 91 are from financial institutions and corporations. Just two are leaders of labor groups and another 15 represent non-profit organizations.

Fed Up has a list of demands to make the replacement process more transparent and to ensure the public has adequate representation within the central bank. They want a public schedule of the process, a list of criteria for how the replacements will be chosen, a chance for members to question the candidates, and public forums where citizens can discuss monetary policy with candidates and the search committee. These reforms, they hope, will keep presidents like Plosser and Fisher—who activists say are disconnected from the daily struggles of their constituents—out of office. “We need a president in Philadelphia who will listen to working people,” said Kati Slipp, the director of Pennsylvania Working Families. “Charles Plosser hasn’t been or he would not believe that our economy has really recovered.” In fact, Fed Up is already getting results. On Friday morning, the Philadelphia Fed announced that it was setting up an email to receive inquiries about the search process. “That would never have happened if this campaign hadn’t happened,” Slipp said. The campaign said it expected the same things from the Dallas Fed.

After Republicans destroyed Democrats in the midterms, many liberal commentators argued that a fresh agenda for raising wages could help the Democratic Party win back voters, particularly those in the white working class. But the problem isn’t that Democrats’ ideas—raising the minimum wage, investing in infrastructure and strengthening the safety net—won’t help middle- and lower-class Americans. It’s that the weak recovery has destroyed those ideas’ political salience. It’s a political problem much more than a policy one.

Such arguments almost always ignore monetary policy. After all, no one but Ron Paul fanatics care about the Federal Reserve. And the Fed is independent from the federal government. If a Democratic candidate’s economic message was to fill the FOMC with economists committed to keeping interest rates low or even adopting a different monetary policy regime altogether, voters would likely roll their eyes. It would be a political disaster. But given congressional gridlock, it might also be far more effective at boosting the recovery.

The Fed Up campaign isn’t going to change that. Millions of Americans will not suddenly realize that the most important economic actor in the United States is not the president or Congress but the Federal Reserve. They will not understand that some inflation is needed, especially right now, to convince businesses to invest and consumers to spend money to get the economy back going again. But the campaign may convince some Americans of the Fed’s importance. That’s why Cee Cee Butler, the former McDonald's worker who was fired Tuesday, and Jean Andre, the man who scouts out locations for films, spent a cold Friday morning outside the Fed.

“I just got out of the shelter two years ago and here I am about to be back in one. I’m not trying to go back there,” Butler said. “My daughter will never walk in my shoes. She doesn’t need to. That’s why my voice needs to be heard.”

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