Yellen to step down from Federal Reserve board
Yellen to step down from Federal Reserve board
Janet Yellen submitted her resignation from the Federal Reserve board to President Donald Trump on Monday, announcing...
Janet Yellen submitted her resignation from the Federal Reserve board to President Donald Trump on Monday, announcing that she will leave when her successor is sworn in as Fed chairman.
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The Fair Workweek bill is approved by City Council
The Fair Workweek bill is approved by City Council
Philly is following the example of New York City, Seattle, San Francisco, Washington D.C. and the state of Oregon, all...
Philly is following the example of New York City, Seattle, San Francisco, Washington D.C. and the state of Oregon, all of which have been lobbied by the "Fair Workweek Initiative," a program of the left wing non-profit Center for Popular Democracy, which has been funded by several large groups including the Ford Foundation and George Soros' Open Society Foundation.
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Activists: US Justice Department Response to Baltimore Police Racism Falls Short
Activists: US Justice Department Response to Baltimore Police Racism Falls Short
The response by the US Department of Justice to exposing Baltimore Police Department (BPD) violations of citizens’...
The response by the US Department of Justice to exposing Baltimore Police Department (BPD) violations of citizens’ constitutional rights falls short of addressing the systemic problem of racism in US policing, activists said.
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Activists Counter Federal Reserve Gathering With Push Against Interest Rate Hikes
The two-day event, ...
The two-day event, Whose Recovery: A National Convening on Inequality, Race, and the Federal Reserve, is organized by the Fed Up campaign, a coalition of groups led by the nonprofit Center for Popular Democracy. It serves as a counter-conference to the annual Federal Reserve Bank of Kansas City symposium, where Fed officials come together to discuss monetary policy -- and which is currently taking place at the same resort as the Fed Up gathering.
Fed Up’s member organizations brought over 100 primarily low-income grassroots activists from across the country for the gathering. It's a dramatic increase from its inaugural visit to Jackson Hole last year, when the campaign brought a group of 10 activists.
The size of Fed Up’s delegation of activists and presence of prominent economists -- including Nobel laureate Joseph Stiglitz -- attests to the rapid growth of a once-unlikely campaign that began just a year ago. Fed Up has managed to turn the esoteric issue of central bank interest rates into a key element of the progressive agenda -- and a rallying cry for low-income workers.
Rod Adams, a recent college graduate from Minneapolis, said he was attending the convention because he was disappointed in the job market. Despite his college degree, he currently makes $10.10 an hour working at the Mall of America.
“I have seen Wall Street’s recovery and corporate America’s recovery -- where is ours?” Adams demanded, eliciting cheers at a spirited press conference outside the Jackson Lake Lodge on Thursday.
The activists oppose the Federal Reserve increasing interest rates before the economy creates enough jobs to generate substantial wage growth for all workers. They believe that a premature interest rate hike would be especially harmful to workers in communities of color, who continue to suffer higher rates of unemployment than the overall population. Activists say this is partly the result of discrimination in the job market. Fed Up released a report on Thursday that uses original data to show that if there was the same low unemployment rate in every community in America, African-Americans and American Indians would experience the largest income gains.
The delegation plans to present officials attending the exclusive Fed symposium with an online petition opposing an interest rate hike that bears 110,000 signatures. The petition effort was the result of Fed Up's collaboration earlier this month with online progressive heavyweights including CREDO Action, Daily Kos, the Working Families Organization and Demand Progress. Robert Reich, former secretary of labor and an economist at the University of California, Berkeley, gave the petition drive a high-profile boost with a popular video promoting the effort.
A similar petition that Fed Up brought last year had 10,000 signatures.
The Kansas City Federal Reserve Bank, which convenes the annual Jackson Hole symposium for Fed officials, declined to comment on this year's parallel protest conference.
Kansas City Fed President Esther George met with Fed Up activists during last year's symposium.
Janet Yellen, chair of the Federal Reserve Board of Governors, is not attending this year's symposium, precluding even the possibility of an impromptu encounter with protesters.
“Janet Yellen is missing a great opportunity to see what real people look like,” Adams said. “We are not data on a spreadsheet.”
Proponents of a Federal Reserve interest rate hike in the near future argue that the Fed should begin raising rates to prevent excessive price and asset inflation. The Fed has a dual mandate to maintain full employment and stable price inflation.
William Dudley, president of the Federal Reserve Bank of New York, signaled on Wednesday that they would postpone an interest rate hike that Fed officials had previously indicated would occur in September. Dudley said turmoil in China and other emerging market economies that sparked massive swings in the U.S. stock market earlier in the week made a September rate hike “less compelling.”
Josh Bivens, the progressive Economic Policy Institute’s research and policy director, applauded the Fed’s move away from an interest rate hike, but said the reason for the Fed’s decision confirmed the need for more grassroots activism.
“A week ago the case against raising rates for the labor market was clear as day, but all of a sudden when wealthy people lost money in the stock market the tide turned against a rate increase,” Bivens said at Thursday's press conference. “I’m happy rates are less likely to go up because of that, but it is a terrible reason.”
Source: Huffington Post
ACORN-linked Center for Popular Democracy aims for big GOTV operation
ACORN-linked Center for Popular Democracy aims for big GOTV operation
A left-wing nonprofit called the Center for Popular Democracy is working with the ACORN-tainted Working Families...
A left-wing nonprofit called the Center for Popular Democracy is working with the ACORN-tainted Working Families Organization in a more than $7 million get-out-the-vote operation in battleground states in the upcoming presidential and U.S. Senate elections, reports Lachlan Markay of the Washington Free Beacon.
The WFB reports:
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.
The nonprofit Center for Popular Democracy and its 501(c)(4) dark money arm, the Center for Popular Democracy Action, work with 42 partner organizations—including labor unions, community organizing groups, and other left-wing nonprofits—in 30 states to advance its goals.
The group’s $14 million budget supports a staff of more than 60 employees. In 2015, it sub-granted more than $7 million to its partner organizations. Those partners boast more than 400,000 members, 800 state-based staffers, and combined budgets of roughly $85 million.
That organizing power is diffused throughout the states, but a document obtained by the Free Beacon reveals that efforts have been underway since December to centralize decision-making in committees that represent both CPD and its local and state partners. […]
By MATTHEW VADUM
Source
Which States Have Most to Lose From DACA Elimination
Which States Have Most to Lose From DACA Elimination
Attorney General Jeff Sessions announced Tuesday the end of an Obama-era program that has allowed almost 800,000...
Attorney General Jeff Sessions announced Tuesday the end of an Obama-era program that has allowed almost 800,000 undocumented young people temporary relief from deportation and the ability to work.
“We are people of compassion, and we’re people of law—but there’s nothing compassionate about the failure to enforce immigration law,” Sessions said in a speech that emphasized the argument that the Deferred Action for Childhood Arrivals (DACA) program, which was put in place through executive action in 2012, was an instance of executive overreach. “The nation must set and enforce a limit on how many immigrants we accept each year, and that means all cannot be accepted.”
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Report: Women unduly harmed by unpredictable scheduling
Al Jazeera - 05-12-2015 - Irregular hours and just-in-time scheduling are pervasive throughout the low-wage...
Al Jazeera - 05-12-2015 - Irregular hours and just-in-time scheduling are pervasive throughout the low-wage economy, but they do particular harm to working women, according to an analysis released Tuesday by the Center for Popular Democracy.
Women still disproportionately shoulder responsibility for child care and other family obligations, and more than 6 million women have cited those constraints as the primary reasons they are not employed full time, according to the report.
The Center for Popular Democracy argues that juggling family responsibilities with the unsteady work hours that often come with part-time employment leads to additional challenges for women.
“Women working more hours are likely to experience the stressful effects of overwork and may often have no choice but to work overtime hours or lose their job,” the report says. “However, the over 12 million women working part time in hourly jobs are at greatest risk of both highly erratic schedules and of extreme income fluctuation."
Women were found to be slightly more likely to work jobs paid on an hourly basis: 61 percent compared with 56 percent of men. As a result, their income is more likely to fluctuate based on how many hours they are assigned to work per week or month. Additionally, their off time can be difficult to control or predict because of last-minute scheduling.
Erratic hours can be particularly hard on women, who tend to spend more time than men performing household chores and caring for children. A 2014 Bureau of Labor Statistics survey found women in households with children under the age of 6 spent roughly an hour a day attending to their physical needs, whereas men spent roughly half an hour.
On a conference call with reporters to discuss the report, Albuquerque, New Mexico, activist Kris Buchmann said she has been “treated like my life outside of work didn’t matter” while working hourly jobs in retail.
“I can’t tell you how many times I was asked to close and then turn around and come back in after five or six hours off,” she said. “It’s not enough for a full night’s sleep or showering or anything else I have to do."
Other times, “they would call me into work, I would show up, and they would say, ‘Oh, never mind. We don’t need you,’” she said. Such unpredictability made it difficult for her to know when she would need to find child care for her son.
University of Massachusetts at Amherst sociologist Naomi Gerstel, who wrote the book “Unequal Time: Gender, Class and Family in Employment Schedules” with Dan Clawson, said erratic scheduling exists “across the entire class spectrum” but falls especially hard on low-wage workers.
If you’re in a stable, full-time position, “you’re more likely to be able to say no or find substitutes” such as baby sitters and other care workers, she said. Additionally, some higher-paying workplaces are “changing occupations to make it possible for especially women workers to take on what’s defined as flexibility."
But perks such as maternity leave have not filtered down the income ladder. And long-term changes in family structure have created a “double-edged sword” for some workers, said Gerstel. Births to unmarried women have risen steadily since the 1940s, according the U.S. Census Bureau, so more single mothers have been forced to negotiate child care on top of their work schedules.
That’s beginning to change in some parts of the country. Carrie Gleason, the Center for Popular Democracy’s Fair Workweek Initiative director, told reporters on a conference call that 11 states “have introduced some form of work hours legislation, and this is an issue that was basically not on the map last year.”
Buchmann is part of a campaign to get predictable scheduling legislation passed in New Mexico. In November, San Francisco’s Board of Supervisors approved a legislative package known as the Retail Worker Bill of Rights, which is, in part, intended to enforce more predictable scheduling for retail workers.
Source: Al Jazeera
Democratic activist Ady Barkan launches six-figure ad blitz in CD8 race
Democratic activist Ady Barkan launches six-figure ad blitz in CD8 race
Ady Barkan, the progressive health care activist whose video pleadings with U.S. Sen. Jeff Flake last year briefly...
Ady Barkan, the progressive health care activist whose video pleadings with U.S. Sen. Jeff Flake last year briefly became a viral hit, is starting a group to tout select Democratic candidates across the country, starting with Hiral Tipirneni's congressional bid in Arizona.
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At Republican Retreat, Protest Power Was On Display As Progressives Eye Midterm Elections
At Republican Retreat, Protest Power Was On Display As Progressives Eye Midterm Elections
The protesters’ action at the Republican retreat was organized by the Center for Popular Democracy Action, in...
The protesters’ action at the Republican retreat was organized by the Center for Popular Democracy Action, in coordination with local affiliates.
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Protester shouts at Sen. Jeff Flake in elevator: ‘Tell me it doesn’t matter’
Protester shouts at Sen. Jeff Flake in elevator: ‘Tell me it doesn’t matter’
A protester who said she was sexually assaulted approached Senator Jeff Flake in an elevator Friday after he released a...
A protester who said she was sexually assaulted approached Senator Jeff Flake in an elevator Friday after he released a statement saying he would be voting in favor of Brett Kavanaugh for a seat on the Supreme Court.
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