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.
Unemployment rates in all states are still high. A modest $9.00/hr. minimum wage has been mentioned at the federal level. Even that income would leave most low-wage workers needing to utilize public assistance programs. Continue reading
This storybook features the lives and experiences of everyday Montanans. Their stories illustrate the potential costs of bad budget decisions. They also highlight the need for strong, smart public investment in all our families and communities.
Iowa’s Attorney General Miller also agreed that principal reductions, loan modifications, and compensation for defrauded homeowners are all on his agenda
The lead Attorney General in the 50-state foreclosure investigation, Iowa’s Tom Miller, told homeowners at risk of foreclosure today that he supports a settlement with the big banks that requires significant principal rate reductions, loan modifications, compensation for citizens defrauded of their homes, and criminal prosecutions against big bank executives who broke the law. Continue reading
The 2010 Job Gap Study looks at the availability of living wage jobs in Colorado, Idaho, Montana, Oregon, and Washington. This report provides calculations of: