At May Day rallies tomorrow, around the country, small business leaders will be addressing the crowds; speaking up for comprehensive immigration reform. It seems a good moment to remind ourselves where exactly small business owners stand on this issue. Continue reading “Small Business Owners Support Immigration Reform with Roadmap to Citizenship”
It seems we keep referencing Bill Daley’s recent post Has The Budget Crisis Du Jour Got You Down?. Maybe that’s because it gives you have a pretty good sense of the impending debt lid crisis that is due to hit in July, and that we need to be ready to push back against efforts to cut Medicare and Medicaid as the debate over the budget deficit heats back up.
Frankly, we need to move austerity off the table. Continue reading “Austerity versus Dignity for Senior Citizens: A Case for Strengthening Medicare”
Multi-Partisan small business owners spoke out earlier this month, further distinguishing their interests from those of Big Business.
Wednesday, in his post “Has the Budget Crisis Du Jour Got You Down?” Bill Daley pointed out that if Congress were to close one tax loophole on offshore accounts, it could be enough to create a ‘job stimulus’ program the country has not seen since the beginning of the Great Recession. Continue reading “Tax Havens for Big Business? Small Business Owners Say ‘Not so fast’”
The debate about the national economy seems to have slipped into the shadows. You may be breathing a sigh of relief. Shadows on the budget are inevitable with the Congress focusing on immigration and the press focusing on the attack in Boston.
Last week, a group of 22 Natives from all over the country came together with a willingness to learn from each other, stand in solidarity with one another, and challenge the systems of inequity that threatens the health and welfare of our elders and youth.
In mid-February, Alliance for a Just Society began to recruit participants for their four day Native Organizer’s training hosted in partnership with the Praxis Project and Communities Creating Healthy Environments initiative. The response was unprecedented! Continue reading “Native Organizers: Trained in Seattle for a Week and Built Nationwide Solidarity for the Future”
Community Rally Hits One Consistent Message: Get Rid of Ed Demarco
Fred and Sophia Patterson have a mortgage that was bought from Bank of America by Freddie Mac. When Mr. Patterson had his identity stolen, he lost everything, and asked for some assistance. The Pattersons accepted a temporary loan modification and continued to pay the adjusted monthly amount, Continue reading “The Housing Crisis in Pueblo, Colorado”
Oregon Action! nailed another victory to move municipal money out from under major banks. After many months working to engage local municipalities on responsible banking practices, OA! moved the Ashland City Council to unanimously pass a resolution authorizing the city to move some of its money out of Wells Fargo and to establish accounts at local credit unions. The amount they have moved is at the fullest extent insurable by law.
More importantly the ordinance sets in motion the process for the city to establish responsible banking criteria for banking services contracts.
Oregon Action and the Oregon Banks Local Coalition has been working for over 3 years to encourage state and local municipalities to begin the process of moving their money– what advocates call divestment– out of the big banks and into more locally controlled institutions. Divestment from major banks to local banks increases economic dividends for municipalities and the state.
Since Oregon’s banking landscape is dominated by the large banks, encouraging local banking by our cities is of three goals for this movement:
- Keep more Oregon money in Oregon,
- Bolster the local banking sector, and
- Increase small business lending.
Ashland now joins other victories and current initiatives in Corvalis, Portland, Gresham, and Clatsop County.
This Week in Poverty: Banks Got Nowhere to Run To, Baby
Greg Kaufmann | April 12, 2013
Last year, US Bank held its annual shareholders meeting in Minneapolis, Minnesota, home of its corporate headquarters. The event was dominated by shareholders
and proxies who are members of Minnesotans for a Fair Economy , an alliance of community, faith, and labor organizations working for a more equitable economy.
As I stood on the West Lawn of the Capitol this afternoon listening to Dolores Huerta, an idol of mine, I felt like I was experiencing the making of history. In the midst of her powerful speech I took a moment to observe those around me. I looked around at the thousands of faces surrounding me—a mix of gender, age, and ethnicity but all standing with pride, their eyes filled with an unwavering sense of determination. No longer would they be paralyzed from frustration or fear. Continue reading “For Family Unity and a Path to Citizenship– the Time is Now!”
Well the new jobs numbers are out this Friday and the results are a paltry 88,000 new jobs in March. Private employment provided a mere 95,000 new jobs while federal cuts costing 14,000 jobs. There were offsets by slight increases in state employment, but overall government employment fell a total of 7000 jobs.
What could possibly be causing this?
Economists that actually study the economy rather than those who craft right wing talking points have been telling us that now is the worst possible time to be reducing government spending. But the entire Federal leadership has been in the spell of an austerity frenzy nonetheless. Remember the “Super Committee” and the caps.? These policies will reduce Federal spending $1.5 Trillion by 2020.
This year, stumped for a better idea, Congress began an automatic “sequester” that cuts another $1.2 Trillion starting March 1st. Jobless claims jumped immediately in March.
And there is more to come. Over time, the “sequester” will pull 750,000 jobs out of the economy according to the Congressional Budget Office estimates.
When the new jobs numbers were announced the conservative pundits were quick to pounce: “Our plan to keep cutting jobs is good for the economy. The real culprit here is the Affordable Care Act.” Yep, the ACA is to blame, so we have to repeal it – thereby pulling another pile of jobs out of the economy.
Some days I want to go episodic and stand on a street corner yelling “ARE YOU CRAZY?” (Only a few of my neighbors would notice and are unlikely to be surprised. So I’ll skip it.)
But I will beg progressive advocates to continue to ask our political leadership a simple question: “Why not reduce the deficits by growing the economy?” Why not start with President Obama’s 2013 Budget?
To the President’s credit, his recently released budget does include a $350 billion jobs program and other investments in education, job training, infrastructure, and research. But over time it cuts another trillion plus out of the public funding for many important things including Social Security, Medicare and other domestic spending. Overall there are some $900 billion in cuts. The President’s budget also increases taxes by $600 billion.
Compare this budget to what is being proposed in the U.S. House. This budget cuts nearly $6 trillion out of spending and also lowers taxes. The Center for Budget and Policy Priorities estimates that 66% of the cuts will affect people with low or moderate incomes.
These are the parameters for the recovery of jobs in the economy – cut either another trillion or cut another six trillion. How will either of these approaches lead to a thriving economy and jobs for the unemployed?
Every time they get anything done they do more harm. To raise the debt lid they cut a trillion. To avoid the fiscal cliff they cut another trillion. Then they sequestered. Now we are looking at a “grand bargain,” another debt lid crisis, tax reform…