"Fed Up" to Bankers in Jackson Hole: Help Working People
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"Fed Up" to Bankers in Jackson Hole: Help Working People
JACKSON HOLE, Wyo. – The nation's most powerful bankers are descending on Jackson Hole this week for the Federal...
JACKSON HOLE, Wyo. – The nation's most powerful bankers are descending on Jackson Hole this week for the Federal Reserve's annual economic symposium, and they'll be met by a coalition of labor and policy groups who want a say in how the economy is mapped out.
Shawn Sebastian, co-director of the Fed Up Campaign, says the biggest decision facing the Trump administration is who to pick for Fed chair.
Read the full article here.
If the Fed Raises the Interest Rate, I’m One of the Americans Who Will Lose
When I worked my way through college with a job at Chipotle, I often worked a so-called "clopen shift." I was closing...
When I worked my way through college with a job at Chipotle, I often worked a so-called "clopen shift." I was closing the store I managed at 2 a.m. and returning to open the restaurant at 6 a.m. The work schedule didn't leave much time for sleep, let alone schoolwork. But with graduation around the corner, I figured that soon everything was going to change.
I would graduate, and I would get a job that would allow me to pay the bills, take care of my 8-year old daughter, and sleep at night.
But, since graduating this past spring, I have sent out 75 resumés but have only been invited for one interview. I’m looking for jobs that just aren’t there.
When the Federal Reserve gathers Thursday at their Federal Open Market Committee meeting to decide whether or not they will raise the interest rate, I hope they will keep me and others like me in mind.
Congress created the Federal Reserve with a two-pronged mission: to control inflation andto promote maximum employment. All the data shows that there is no risk of inflation – in fact, inflation is still running well-below the Fed’s own conservative target. But the Fed is still considering raising the interest rates, even though raising rates would do real harm to American workers who are still looking for jobs or working for low-wages, like me.
A higher interest rate means that fewer jobs will be created, and that the wages of workers at the bottom will remain too low to live on. That’s because when the Fed raises rates, they are deliberately trying to slow down the economy. They’re saying that there are too many jobs and wages are too high. They’re saying that the economy is exactly where it should be, that people like me are exactly where we should be.
It was not supposed to be this way – after all, I have a business management degree. If the Fed chooses to slow down the economy I may have to give up on getting a job I'm qualified for – the kind of job that I went to school for. I could find a job at McDonalds or Taco Bell, and go back to a work life that will leave me sleepless and struggling to support my daughter. That would be painful for me and my family and bad for the economy. I cannot imagine that this is what Fed officials are looking to do.
And yet, the Fed is considering a rate increase, even though working families – especially Black and Latino working families –are still struggling. Today, 19.5 percent of Black people are unemployed or underemployed, and 15.8 percent of Latinos are unemployed and underemployed. For Black high school graduates in the 17-20-year-old range who haven’t enrolled in college, the unemployment rate is over 50 percent.
If the Fed raises interest rates, we are ones who lose.
That the conservative powers in the Federal Reserve would even consider raising the interest rates shows us a lot about who they’re prioritizing in their decision. It shows us who the Fed is looking out for: the wealthy, Wall Street, and bankers. They are willing to sacrifice the livelihoods and aspirations of young people like me, whole communities of color, and low-income workers all purportedly to fight an inflation threat that doesn’t even exist.
The Fed’s decision on Thursday should be simple. One of the Fed’s mandates is to foster full employment, and wages still have not shown signs of significant growth since the financial crash. That’s a clear sign that America is far from full employment — and the Fed has not yet fulfilled its mandate.
Many in the Fed are claiming that our economy is in recovery, but for who? For Black and Latino Americans, the recovery hasn’t come yet. This week, we’ll see if the Fed is serious about promoting maximum employment for all Americans or just watching out for the few who are already doing well.
Source: CommonDreams
Divest From Prisons, Invest in People—What Justice for Black Lives Really Looks Like
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Divest From Prisons, Invest in People—What Justice for Black Lives Really Looks Like
Instead of addressing the roots of drug addiction, mental illness, and poverty, we’ve come to accept policing and...
Instead of addressing the roots of drug addiction, mental illness, and poverty, we’ve come to accept policing and incarceration as catch-all solutions. It’s time for a change.
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Black Students in Milwaukee Are Demanding Change to Racist Discipline In Public Schools
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Black Students in Milwaukee Are Demanding Change to Racist Discipline In Public Schools
A report released Tuesday by the Center for Popular Democracy and the Milwaukee youth group Leaders Igniting...
A report released Tuesday by the Center for Popular Democracy and the Milwaukee youth group Leaders Igniting Transformation paints a much more troubling picture.According to the report, in the 2016-2017 school year, Milwaukee Public Schools suspended 10,267 students, including one of every three ninth-graders. The Milwaukee Police Department has 12 dedicated officers assigned to public schools and another six deployed on the streets to take truant students into custody. That’s in addition to 269 school safety assistants, the city’s version of school resource officers. That deployment costs Milwaukee taxpayers more than $15 million a year, but it comes at an even greater social cost.
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New York City's Undocumented Immigrants Will Get Municipal IDs, Says Mayor De Blasio
Huffington Post - February 10, 2014 - New York City's undocumented immigrants will soon be able to obtain municipal ID...
Huffington Post - February 10, 2014 - New York City's undocumented immigrants will soon be able to obtain municipal ID cards, Mayor Bill de Blasio announced Monday.
"We will protect the almost half-million undocumented New Yorkers, whose voices too often go unheard," the mayor said during his first State of the City speech. "We will reach out to all New Yorkers, regardless of immigration status -- issuing municipal ID cards available to all New Yorkers this year -- so that no daughter or son of our city goes without bank accounts, leases, library cards… simply because they lack identification. To all of my fellow New Yorkers who are undocumented, I say: New York City is your home too, and we will not force ANY of our residents to live their lives in the shadows."
"La ciudad de Nueva York es el hogar de todos los que vivimos aqui. No dejaremos que ninguno de nuestros residentes viva en las sombras," de Blasio repeated in Spanish, a nod to the city's large Latino population.
A source in the mayor's office told Spanish-language El Diario la Prensa on Monday that de Blasio will officially submit the proposal soon.
The city ID card would not operate as a driver's license, nor would it be accepted as a form of identification by federal agencies.
It does fulfill one of de Blasio's many campaign promises. "These identification cards will also help foster better relations between the police and undocumented people, who often choose not to report crimes out of fear they may be deported," reads a section of de Blasio's campaign website from last year. "In New Haven, Connecticut -- which offers a municipal ID to undocumented people -- crime in the largely-immigrant Fair Haven community declined 20 percent in the two years after the IDs were introduced, even as crime-reporting increased."
City Council Speaker Melissa Mark-Viverito told Politicker she has “full confidence” that “a universal ID will become a reality as soon as possible.”
Ten other cities across the country including San Francisco, Trenton, and Washington, D.C. have already created their own municipal ID programs.
New York State Senators Adriano Espaillat (D) and Jose Peralta (D), both of New York City, expressed support for de Blasio's proposal in a joint statement. They also took the opportunity to advance another cause: allowing immigrants to apply for drivers licenses. From the statement:
"...it is unacceptable that hardworking immigrants are made to break the law in order to commute to work or take their kids to school," they wrote. "Providing undocumented immigrants the opportunity to obtain drivers licenses will ensure that all New York drivers are properly credentialed, educated and operating registered, inspected and insured vehicles, making our roads safer and benefiting all New Yorkers."
De Blasio himself has previously supported allowing undocumented immigrants in New York to apply for driver's licenses.
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Left-Wing Group is Investing $7 Million in Grassroots for November General Election
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Left-Wing Group is Investing $7 Million in Grassroots for November General Election
What is the GOP and the conservative Right doing in response? A leading left-wing community organizing group is...
What is the GOP and the conservative Right doing in response?
A leading left-wing community organizing group is building a massive grassroots advocacy and voter turnout operation in battleground states that could decide November’s presidential and Senate elections, documents obtained by the Washington Free Beacon reveal.
The Center for Popular Democracy is working to raise more than $7 million to support local and state-level organizing work that it hopes will translate issue-oriented advocacy into political power in November.
Documents detailing those efforts shed new light on how the left’s organizing apparatus is collaborating with prominent progressive groups such as MoveOn.org, labor unions, and foundations to build a campaign apparatus that can win short-term policy victories and translate those victories into a lasting political operation.
By Spencer Irvine
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Young Women of Color Are Running to Win
In the Senate, Kerri Evelyn Harris is challenging centrist Senator Tom Carper, one of the few Democrats in the Senate...
In the Senate, Kerri Evelyn Harris is challenging centrist Senator Tom Carper, one of the few Democrats in the Senate who supports Social Security cuts and who recently voted to roll back Dodd-Frank. According to my analysis of American National Election Studies 2016 survey data, 92 percent of Democratic primary voters support more, not less, government regulation of banks, and a mere 3 percent support cuts to Social Security. Given her decade as an organizer, most recently with the Center for Popular Democracy, Harris is approaching the race the way a community organizer would.
Read the full article here.
Hundreds To Protest Potential Safety Net Cuts At GOP Retreat
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Hundreds To Protest Potential Safety Net Cuts At GOP Retreat
"We’re stronger together. And right now, more than ever, we need our elected officials to be looking at how we expand...
"We’re stronger together. And right now, more than ever, we need our elected officials to be looking at how we expand the safety net, how we provide more opportunities and more stability to communities across the country, not less,” said Jennifer Epps-Addison, a co-executive director of the Center for Popular Democracy Action, a progressive umbrella group organizing the event with the help of local partners.
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Legal Defense To Detained Immigrants
Latin Times - Nov 07, 2013 Like the other 13 detainees set to appear before an immigration judge on Wednesday...
Latin Times - Nov 07, 2013
Like the other 13 detainees set to appear before an immigration judge on Wednesday afternoon, Maximiliano Ortiz had been roused in the wee hours of the morning from his cell in a county jail. Facing the judge at the Varick Street Immigration Court in Lower Manhattan, clothed in an orange jumpsuit, he looked groggy.
"Are you arriving at this decision voluntarily?" the judge asked. The interpreter translated the question into Spanish.
"Yes," said Ortiz, and shortly afterward, having agreed to concede the charge of "entry without inspection" and accept an order of removal from the country, the first of about 190 poor, detained immigrant to receive pro bono legal representation via the city of New York was escorted out of the courtroom, chains jangling at his wrist and waist.
On Wednesday, a coalition of seven public defender, legal advocacy and community activist groups unveiled the New York Immigrant Family Unity Project (NYIFUP), the first program in the nation to win public funding for legal defense of detained immigrants who cannot afford to hire lawyers. In June, the New York City Council appropriated $500,000 for the pilot, which organizers say will be enough to meet about 20 percent of each year's need. Under the program, detainees whose income falls at no more than 200 percent of the federal poverty line can receive pro bono legal counsel from New York Immigrant Defenders, which consists of public defender offices The Bronx Defenders and Brooklyn Defense Services.
Organizers of the project trace its descent to the efforts of Second Circuit Court of Appeals Judge Robert Katzmann, who in 2010 commissioned two separate studies of detained immigrant representation in the city. The odds those reports gave detainees were dim: of the 4,818 detainees who had to argue their case from 2005 to 2010, one found, only 3 percent of them did it successfully, compared to 74 percent of those who were represented and weren't held in detention in the time leading up to their appearance. A separate study carried out previously by the City Bar Justice Center concluded that 39.2 percent of the 400 detainees it interviewed had "possibly meritorious claims for various forms of relief from removal".
Immigration law is one of the most notoriously complex types, comparable to tax law. But Lisa Schreibersdorf, founder and executive director of Brooklyn Defense Services, says detainees could win the right to remain in the country through a wide range of ways. Some have status and don't know it. "We had a kid who came to the country when he was two with his mom and dad. The parents got separated, and he went to live with his mom. His dad became a citizen before the kid turned 18. Now, that's automatic citizenship for the child, but the kid didn't know. When he was being interviewed by immigration officials, they'd ask if he was documented and he'd say, 'no'. So off he goes."
Others who have green cards or visas might be able to stay because of a US citizen spouse; those without papers might be able to receive legal status of some sort - for example, victims of domestic violence or trafficking could apply for U or T visas, or young people who grew up in the US could apply for DACA.
"People sometimes don't know, or they don't follow through and do it," she said. "Even now that they're facing deportation, it's not too late. You can still apply for those things, and that should actually negate the deportation proceeding. That's really where I think most of the benefit is going to come from."
"Then there's the low-level criminal cases where deportation is not required and the judge has the ability to cancel the removal. In that situation, a lawyer's very helpful because they explains to the judge what's going on with that family. It's very hard for an individual who's unrepresented to know what to tell the judge, what kind of things are going to help them. Plus it's very hard for people to speak in public. That's what we're good at."
On Wednesday, 10 of the 14 detainees who showed up for their initial court hearings were represented by lawyers provided by one of the two groups. All of them were from Latin American countries. Marianne Yang, the director of the immigration unit at Brooklyn Defense Services, says they expect demographics of clients to vary. But according to Transactional Records Access Clearinghouse(TRAC), a database of information obtained from Immigration and Customs Enforcement (ICE) and other federal agencies, out of the top ten most common nationalities, eight of them are in Latin America. The most typical profile for a detainee in NYC's immigration system is a Mexican (26 percent of all nationalities; Dominicans make up another 15 percent) who has been charged with "entry without inspection" -- a charge which accounts for about 47 percent of all detainees and some 89 percent of those who are from Mexico.
Immigration and Customs Enforcement (ICE) officials say the agency only goes after immigrants who fit in its priority categories: someone who has committed serious crimes while in the US lawfully, people who crossed the border illegally in recent times and has few community ties, and "egregious immigration violators", or those have committed fraud or violated immigration law on multiple occasions. But organizers point to the case of Carlos Rodríguez Vásquez, a 27-year-old cook from the Dominican Republic and husband to a US citizen wife who was arrested by the NYPD for "trespassing" in the apartment building of a friend in Washington Heights. "In court, they dropped the charges right away, because I'd never had any kind of trouble with the law," he said. But he'd never filed the paperwork to declare his marriage to his wife in the United States, and the NYPD passed him off to ICE, which transferred him to a detention facility in Hudson County, New Jersey.
His family shelled out for a lawyer. But when his case went before a judge, Vásquez says, "The lawyer I hired made me sign a voluntary deportation agreement without talking to me about it, without me knowing." He ended up calling the Northern Manhattan Coalition for Immigrant Rights, which helped him win a retrial, but not before remaining in detention for an additional eight months.
In a report released on Thursday, the project's organizers argue that it makes good financial sense for the public, saying it will save New York state nearly $1.9 million per year in public health insurance spending, foster care services, and lost tax revenues. It also says it'll help employers save $4 million annually which they lose through turnover when immigrants are forced to leave their jobs. "Taken together," the report says, "these savings offset the majority of the investment needed to establish he program."
"It's presented as something which is just for immigrant families," said Brittny Saunders, senior staff attorney at the Center for Popular Democracy. "But in reality it's for everybody."
Source:
Yellen Meets Activists on Economy
McClatchy Washington Bureau - November 14, 2014 - Federal Reserve Chair Janet Yellen met Friday with leaders of groups...
McClatchy Washington Bureau - November 14, 2014 - Federal Reserve Chair Janet Yellen met Friday with leaders of groups that want a voice in the selection of future presidents at the Fed’s 12 district banks.
“The focus was making sure that working families’ voices were heard,” Connie Paredes of Dallas, who represented the Texas Organizing Project, told McClatchy after meeting more than an hour with Yellen.
Paredes was one of 30 activists from the Center for Popular Democracy, a nationwide network of liberal and faith-based organizations who want more Fed attention on returning the nation to full employment, and for a more public process of selecting Fed presidents.
Unlike most central banks, the Fed has a dual mission. It must guarantee price stability, and it does that with the goal of keeping inflation in a range between 1 percent and 2 percent. But it also has the mission of promoting full employment, and that’s the string activists pulled on Friday.
“The Federal Reserve should publicly commit to building an economy with genuine full employment … promising to keep interest rates low until the economy has reached full speed and is producing millions of new jobs and higher wages for workers across the economic spectrum,” said The National Campaign for a Strong Economy, another group that met with Yellen and issued a statement afterwards.
A pressing concern for the activists was creating a mechanism by which ordinary people can have some input in the selection of presidents at the Fed’s 12 district banks. The presidents of the Philadelphia and Dallas district banks, Charles Plosser and Richard Fisher, have announced their retirement next year.
Traditionally, Fed presidents are appointed by the board of directors of each of the 12 banks, with the approval of Fed governors in Washington. The terms are for five years, and they can be reappointed. Critics of the Fed argue that Wall Street and Corporate America get unusual sway because they make up the boards of directors at the Fed banks, and there hasn’t historically been input from the public.
“We need a (Dallas) Fed president that is very aware of the community that he or she represents. Not just the corporate banking community but the entire community,” said Paredes, who applauded Philadelphia’s creation of a feedback process but still wanted more public participation in the Fed’s selection process.
The Fed had no immediate comment on Friday’s meetings.
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