Posts

Work, Productivity, Play and Compensation in America

Americans work longer and harder than our peers in almost every industrial nation.

On average Americans are working 1800 hours per year, beating out Germany, France, Denmark, Ireland, Sweden, Spain, United Kingdom, Australia and Finland. http://blogs.salleurl.edu/emprendedores/files/2011/02/work.jpgAccording to The International Labour Organization American released a report stating that “workers in the United States on average produce $63,885 of wealth annually; compared to other industrialized countries of Europe, only Norway’s workers produce more wealth per hour ($37.99 in U.S. dollars) than do American workers ($35.63.)” Read more

Low-Wage Workers Not Covering Basic Needs

Today’s minimum wages are a far cry of what it actually takes to survive.

Last Thursday, thousands of fast food workers staged a strike in 50 cities across the country to draw attention to corporate wage gaps. Fast food workers are demanding $15 hourly wages; currently, the federal minimum wage is $7.25 an hour. Perhaps it is easy for profit-hungry corporations to forget, but low-wage workers are human beings; anyone working full-time should be able to make enough to live.

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Daley’s View: Bernanke Out. Who Steps In?

One of the great Inside the Beltway debates this August is about who should replace Ben Bernanke who is retiring as the Chairman of the Federal Reserve.

So who cares?

Summers: Silent on Wall Street Accountability

Well, you probably should.

Much of the talk is about Larry Summers, former Secretary of the Treasury, former Obama economics advisor, former President of Harvard

University, and current Wall Street investor.

Read more

Tax Havens for Big Business? Small Business Owners Say ‘Not so fast’

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. Read more

The Housing Crisis in Pueblo, Colorado

Dump De Marco Rally Photo

 

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, Read more

Direct from Main Street: Maine Small Business Views on Credit and Lending

This report shares the findings of a survey of Maine small businesses, focusing on their experiences with credit and their reactions to one current proposal to support small business and economic growth: the creation of a state bank. This report contributes to the discussion of such a proposal by sharing the perspectives of Maine’s Main Street small businesses.

Click here to download the full report. Read more

Big Banks Must Step Up to Address the Revenue Crisis

The big banks live in a parallel universe.

In their universe, the financial meltdown was beyond their power to stop.  The recession that left more than 1/10th of the American workforce unemployed is a shame they had little to do with.  The massive government bailout of the financial system was an opportunity to make a tidy profit so that you could give your executive hefty bonuses.  And the budget deficit that was catapulted to its current highs because of the recession proves that the government has gotten too big. Read more

Direct from Main Street: Washington Small Business Views on Credit and Lending

This report shares the findings of a survey of Washington small businesses, focusing on their experiences with credit and their reactions to one current proposal to support small business and economic growth: the creation of a state bank. This report contributes to the discussion of such a proposal by sharing the perspectives of Washington’s Main Street small businesses.

Click here to download the full report. Read more

Oregon Small Business Owners Show Support for State Bank

This post was written by Dan Lombardi, small business organizer for the Main Street Alliance of Oregon.

On Wednesday, January 12, the Main Street Alliance of Oregon held a press conference in the state capitol of Salem to announce the release of a report: Direct from Main Street: Oregon Small Business Views on Credit and Lending. The report asked 116 Oregon small business owners and small family farmers about their experiences, since the recession began, with credit and lending. It also asked them for their perspective on one proposal to address the credit crunch: the creation of a state bank that would partner with local financial institutions to support small business lending and community economic development. Read more