A recent study released by the Pew Research Center brought to light the fact that Hispanics have been the hardest hit during this economic recession. According to this study, the decline in the housing market in 2006 and the economic recession from 2007 to 2009 were enormously felt in communities of color. For instance, theContinue reading “Hispanics are the Hardest Hit of the Economic Recession”
Category Archives: economic justice
Let’s Not Get Fracked!
If you listen regularly to public radio’s “This American Life” (TAL), you probably weren’t surprised by their recent, in-depth examination of fracking in Pennsylvania, where natural gas companies are now ripping through the Marcellus Shale. The radio program has made a real niche in dissecting the way power works across our country, and fracking –Continue reading “Let’s Not Get Fracked!”
Insurance Companies Weaken Language Access Regulations while Getting Wealthier
A few weeks ago, the Department of Health and Human Services issued a regulation stipulating that insurance companies only have to provide language services to a person with Limited English Proficiency if 10% of people in their county speak their same language. This is a high bar – only 177 out of 3,143 counties inContinue reading “Insurance Companies Weaken Language Access Regulations while Getting Wealthier”
Homeowners Present New Bottom Line to Attorneys General
Forty homeowners and clergy members traveled across the country on Tuesday to Chicago’s Drake Hotel to welcome and urge the nation’s states’ Attorneys General to stand firm for a strong settlement agreement with the big banks. While the Attorneys General gathered for their NAAG summer meeting, members of the New Bottom Line brought along “welcomeContinue reading “Homeowners Present New Bottom Line to Attorneys General”
Main Street Takes on Wall Street…And Wins!
Big bank lobbyists have been putting on a full-court press in Washington, D.C. to roll back components of the financial overhaul passed last year and free Wall Street to go back to the “business as usual” that led to the financial crisis in 2008. The bankers are gunning for the new Consumer Protection Bureau andContinue reading “Main Street Takes on Wall Street…And Wins!”
Seattle Residents Take Their Demands to Chase Bank
On a beautiful sunny Seattle Saturday, 400 south Seattle residents took to the streets to demand that JPMorgan Chase Bank reinvest money in the communities they have destroyed. The community members — parents, students, workers, homeowners — demanded that Chase reinvest money in the form of principle write down for every Washington homeowner. They alsoContinue reading “Seattle Residents Take Their Demands to Chase Bank”
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 MainContinue reading “Direct from Main Street: Maine Small Business Views on Credit and Lending”
Thousands of New Yorkers Take Over Wall Street
On Thursday, May 12, 20,000 community members from New York City and beyond descended on Wall Street. Mayor Michael Bloomberg had just released his budget which cuts 6,000 teaching jobs and slashes vital social services the city relies on while keeping in tact tax breaks for his billionaire friends and the corporations that house them.Continue reading “Thousands of New Yorkers Take Over Wall Street”
Storming the JP Morgan Chase Castle
The JP Morgan Chase office in Columbus, Ohio is surrounded by a moat—literally. But that didn’t stop five hundred Americans, organized by the New Bottom Line coalition, from finding a way across and storming the castle on May 17. Homeowners, community leaders, union members, clergy members and more converged on Tuesday’s shareholder’s meeting. Many dressedContinue reading “Storming the JP Morgan Chase Castle”
Montanans Stop Drastic State Budget Cuts
Last week, on April 28, the 62nd Montana Legislative Session came to a close. The session was a contentious one, featuring some of the worst budget cut proposals in state history. Faced with devastating cuts to health and human services, education, and public employee jobs and salaries, members of the Montana Organizing Project responded byContinue reading “Montanans Stop Drastic State Budget Cuts”