Barkin Tapped as Next President of Richmond Fed Bank
Barkin Tapped as Next President of Richmond Fed Bank
The Federal Reserve's Richmond regional bank announced on Monday that Thomas Barkin, a senior executive at global...
The Federal Reserve's Richmond regional bank announced on Monday that Thomas Barkin, a senior executive at global management consulting firm McKinsey & Co., will be the bank's next president.
He will succeed Jeffrey Lacker, who resigned as the bank's president in April after revealing his involvement in a leak of confidential information in 2012 that had triggered congressional and FBI investigations.
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The elevator moment: when to speak up, when to stay quiet, and the power of both
The elevator moment: when to speak up, when to stay quiet, and the power of both
One of the women who confronted Arizona Sen. Jeff Flake in a Capitol elevator Friday said she hopes other Republican...
One of the women who confronted Arizona Sen. Jeff Flake in a Capitol elevator Friday said she hopes other Republican senators listen to the stories of women who have been sexually assaulted.
Ana Maria Archila and Maria Gallagher stopped Flake on Friday morning and spent nearly five minutes shouting at the Arizona lawmaker after they learned he had decided to support the US Supreme Court nomination of Judge Brett Kavanaugh. Archila said Friday night she was looking for Flake to step up.
Read the article and watch the video here.
Listen to Death Cab for Cutie’s New Anti-Trump Song “Million Dollar Loan”
Listen to Death Cab for Cutie’s New Anti-Trump Song “Million Dollar Loan”
Last year, Death Cab for Cutie released the album Kintsugi. Today, the band have put out a new song called “Million...
Last year, Death Cab for Cutie released the album Kintsugi. Today, the band have put out a new song called “Million Dollar Loan,” along with its video, directed by Simian Design. The song targets Republican presidential nominee Donald Trump, who famously said his father gave him $1 million to start his business dealings. It’s part of a new program called 30 Days, 30 Songs, created by writer Dave Eggers. Starting today until Election Day (Tuesday, November 8), there will be new songs each day from artists including My Morning Jacket’s Jim James, Aimee Mann, Thao Nguyen (of Thao & the Get Down Stay Down), and clipping. In addition, 30 Days will include an unreleased R.E.M. live song.
Below, listen to “Million Dollar Loan,” read Ben Gibbard’s statement on the track, and see the 30 Days, 30 Songs single artwork (featuring an eagle with Trump’s hair). Read 30 Days, 30 Songs’ mission statement here. All of 30 Days’ proceeds will go to the Center for Popular Democracy and their efforts toward Universal Voter Registration for all Americans.
Lyrically, “Million Dollar Loan” deals with a particularly tone deaf moment in Donald Trump’s ascent to the Republican nomination. While campaigning in New Hampshire last year, he attempted to cast himself as a self-made man by claiming he built his fortune with just a “small loan of a million dollars” from his father. Not only has this statement been proven to be wildly untrue, he was so flippant about it. It truly disgusted me. Donald Trump has repeatedly demonstrated that he is unworthy of the honor and responsibility of being President of the United States of America, and in no way, shape or form represents what this country truly stands for. He is beneath us.
By Matthew Strauss
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The Criminalized Majority
“Everyone should go to jail, say, once every ten years,” opined novelist and poet Jesse Ball in a recent LA Times...
“Everyone should go to jail, say, once every ten years,” opined novelist and poet Jesse Ball in a recent LA Times article. It may seem like Swiftian satire, but Ball’s proposal is earnest. Addressed “to a nation of jailers,” he argues that a brief but regular stint in jail would serve as the necessary correction to make such institutions more livable–and perhaps less common. “Just think,” he writes, “if everyone in the United States were to become, within a 10-year period, familiar with what it is like to be incarcerated, is there any question that the quality of our prisons would improve?”
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NSEA takes stand on vouchers, charter schools
The fact is that charter schools are not meeting the need they were created to fill—including to serve as lab schools...
The fact is that charter schools are not meeting the need they were created to fill—including to serve as lab schools to develop new teaching techniques—and many are failing their students and families, while squandering taxpayer dollars.
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Promueven petición contra Wells Fargo y JPMorgan por “financiar el dolor” de inmigrantes
Promueven petición contra Wells Fargo y JPMorgan por “financiar el dolor” de inmigrantes
La petición cuenta con el respaldo de más de 70 organizaciones bajo el paraguas de la coalición #FamiliesBelongTogether...
La petición cuenta con el respaldo de más de 70 organizaciones bajo el paraguas de la coalición #FamiliesBelongTogether, que incluye a Presente.org, la Unión de Libertades Civiles de EEUU (ACLU), MoveOn.org, Amnistía Internacional, la Alianza Nacional de Trabajadoras Domésticas, MomsRising, Center for Popular Democracy, y Make the Road New York, entre otras.
Lea el artículo completo aquí.
Health industry giants get tax windfall. But it's unclear how it will be used.*
Health industry giants get tax windfall. But it's unclear how it will be used.*
The man with ALS, or Lou Gehrig's disease, who caught national attention for confronting Sen. Jeff Flake (R-Ariz.) last...
The man with ALS, or Lou Gehrig's disease, who caught national attention for confronting Sen. Jeff Flake (R-Ariz.) last year about the Republican tax bill, has launched a new “Be a Hero” campaign targeting Republicans. In a new minute-long TV and online ad running ahead of an April 24 election in Arizona’s 8th congressional district, Ady Barkan slams Republicans for pushing tax legislation that could affect his health care if lower tax revenue leads to eventual federal benefit cuts.
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Immigration Reform Moves to States; New York Eyes Citizenship After 3 Years of Taxes
The Washington Examiner - June 16, 2014, by Paul Bedard - The frustration with Washington's inaction on any type of...
The Washington Examiner - June 16, 2014, by Paul Bedard - The frustration with Washington's inaction on any type of immigration reform has forced proponents to shift their attention to states such as New York where a new plan was offered Monday to grant citizenship and voting rights after an illegal immigrant pays three years of taxes.
The Washington-based Center for Popular Democracy said the New York legislative effort to provide citizenship benefits to three million immigrants is the result of the fallout of congressional gridlock and House Majority Leader Eric Cantor's defeat last week, which pundits blamed on his support for reform.
But that doesn’t mean immigration reform supporters have given up on a national solution. Center Co-Executive Director Andrew Friedman told Secrets, “We will definitely continue to work hard for federal reform, even as we push states to show leadership and do everything they can to promote immigrant inclusion and dignity, as well as economic expansion and growth.”
The New York legislation, titled “New York is Home Act,” sets requirements for immigrants to meet before they can apply for citizenship with New York's Office for New Americans, created by Gov. Andrew Cuomo:
Proof of identity.
Proof of three years of New York state residency.
Proof of three years of New York state tax payments.
Commitment to abide by New York laws and uphold the state constitution.
A willingness to serve on New York juries and to continue to pay state taxes.
In return, said Friedman's group in a release, immigrants would get New York state citizenship, financial aid for higher education, health care, drivers' licenses, professional licenses, the right to vote, the right to run for office, and protection against racial profiling.
“This bill is about New York state doing everything it can to promote the full equality of immigrants. State powers, though, are very different than federal powers, so the package of opportunities and benefits are different from any federal bill,” said Friedman, whose group is promoting similar plans in other states.
“Our state's hardworking non-citizens should have the opportunity to fully participate in the health and growth of our state,” said New York State Sen. Gustavo Rivera, the lead sponsor of the legislation.
“State citizenship should recognize and reward the contributions of noncitizen residents who play by the rules while living and working here,” added the state assembly sponsor, Karim Camara.
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No, 2016 Won't Be the Year of the $20 Minimum Wage
Bloomberg Businessweek - November 13, 2014, by Josh Eidelson - In the midterm elections, four red states—Alaska,...
Bloomberg Businessweek - November 13, 2014, by Josh Eidelson - In the midterm elections, four red states—Alaska, Arkansas, Nebraska, and South Dakota—passed minimum wage increases. Those votes mean that, starting next year, a majority of states will have minimum wages higher than the federal rate. The last time that happened, in 2007, Democrats newly in control of Congress used their power to pass the first national increase in a decade, from $5.15 to $7.25 an hour. It’s extremely unlikely the Republicans who took back the Senate in the midterm elections will do the same. “Waiting for Congress to act is frustrating and, at this point, pointless,” says Ed Flanagan, a former Alaska labor commissioner who spent a year campaigning for his state’s new increase, from $7.75 to $9.75.
Already, labor organizers in Oregon are considering a ballot initiative for 2016 that would raise the state minimum to $15 an hour, matching the leap taken this year by Seattle and San Francisco. In Los Angeles, where Mayor Eric Garcetti signed an ordinance mandating a $15.37 wage floor for some hotel workers in October, 6 of the 15 members of the city council have asked for a vote in early 2015 on a proposal to increase the city’s rate to $15.25 across the board by 2019.
Voters in most states shouldn’t expect to see pushes for higher rates than that anytime soon. Labor activists say they want to end the exclusion of tipped workers such as restaurant wait staff from minimum wage laws and add worker protections, like requiring employers to give workers advance notice of schedule changes or offer paid sick days. That approach worked this year in Oakland, where voters approved a referendum on Nov. 4 that lifts wages only to $12.25 but requires employers to offer paid leave above what the state requires. “When you combine them together, it’s actually more popular,” says Brian Kettenring, co-executive director of the Center for Popular Democracy, a union-backed community organizing group. “People appreciate that you are trying to actually solve the problem.”
Not all the coming fights will be put directly to voters. In California, Democratic Governor Jerry Brown signed a compromise bill last year increasing the statewide minimum from $8 to $10 by 2016. Some Democratic state lawmakers say that’s not enough to help workers make ends meet. “It will still allow the legal payment of a poverty wage,” says Mark Leno, the state senator who sponsored a bill that would have increased minimum pay to $13 by 2017 and then indexed future wage levels to inflation. That passed the state senate in May but failed by a single vote in an assembly committee. Leno plans to revive the issue in the next legislative session.
In some cities, Democrats are pitting themselves against the Republicans who control their state governments. Louisville has held hearings about raising wages to $10.10 after a statewide increase died in the Republican-controlled state senate. City officials in other states are hamstrung by laws prohibiting municipal governments from raising minimum wages above state levels. In June, business-friendly Democrats in Rhode Island’s statehouse killed efforts by the Providence city council to raise hotel pay to $15 an hour with a budget rider barring cities from setting their own minimum wages. In New York, where state law denies cities authority over pay rates, Governor Andrew Cuomo agreed to support changing that statute, along with a statewide increase to $10.10, to win the endorsement of the progressive Working Families Party in the November gubernatorial election. “He made a promise on this,” says Bill Lipton, the party’s New York director. “We expect him to fulfill it.”
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A Job Guarantee and the Federal Reserve Board
The idea that the government would commit itself to act as an employer of last resort and guarantee a job to everyone...
The idea that the government would commit itself to act as an employer of last resort and guarantee a job to everyone has been getting more attention in recent months. While many on the left have long pushed this position, the Clinton-linked Center for American Progress (CAP) recently embraced the idea in a conference last week. It is good to see ideas outside of the mainstream getting attention, but there are a couple of issues worth keeping in mind to ensure that the effort does not end up being counterproductive.
The first is to recognize that a job guarantee is a huge lift, not only politically but in its implementation. In effect the guarantee is not only going to be providing jobs to workers who do not currently have one, but it will also end up offering a potentially more attractive alternative to millions of people now in low-wage jobs. How attractive the alternative is will of course depend on the wage offered in the government supported jobs.
Read the full article here.
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