Goal of True Equality Still Challenges Us All
Forty-nine years ago, on June 23, 1963, tens of thousands of people gathered here in Detroit, only weeks before hundreds of thousands went to Washington to march for jobs and freedom.
Arlene Holt Baker’s experience as a union and grassroots organizer spans more than 30 years. On Sept. 21, 2007, she was approved unanimously as executive vice president by the AFL-CIO Executive Council, becoming the first African American to be elected to one of the federation’s three highest offices and the highest-ranking African American woman in the union movement. In this position, Holt Baker builds on her legacy of inspiring activism and reaching out to diverse communities to support the needs and aspirations of working people.
Forty-nine years ago, on June 23, 1963, tens of thousands of people gathered here in Detroit, only weeks before hundreds of thousands went to Washington to march for jobs and freedom.
This is the season when many dream of a White Christmas. It is the season when the Nativity and the Menorah are both on display in the marketplace. It is the season when Feliz Navidad plays on many IPods and others gather to celebrate Kwanzaa with family and friends.
The Occupy Wall Street movement has given a voice to the 99 percent of us who have suffered at the hands of the Big Banks. In cities across the country, “Occupy” protesters have highlighted our nation’s growing economic inequality, high unemployment and the foreclosure crisis that continues to ravage our communities. We saw another inspiring example of the 99 percent standing together in recent days in Atlanta.
This is a cross-post from Working America .
Right now in Denver, Colo., there is both a jobs and a public health crisis.
The Big Banks still don’t get it. Bank of America recently announced that it will start charging its customers $5 per month to use their debit cards. Wells Fargo and JPMorgan Chase are considering similar fees on their customers.
The June jobs numbers, which came out on Friday, show just how dire and desperate the situation is for unemployed workers. As I travel the country, I hear the heart-wrenching stories over and over—including many of those who have been out of work for months and are on the verge of losing their homes. So this week’s White House announcement on helping homeowners with foreclosures is welcome news. Amidst the worsening foreclosure crisis, millions of unemployed homeowners facing imminent foreclosure will finally get some relief through adjustments made by the Obama administration.
The foreclosure crisis just keeps getting worse. More than 12 percent of residential mortgage loans are in foreclosure or at least one payment past due. Millions of homes have been needlessly foreclosed on because banks have not modified homeowners’ mortgages to affordable levels. On top of this misery, the U.S. Department of Housing and Urban Development’s (HUD’s) funding for counseling to prevent foreclosures has been cut to zero.
The top six executives of the two mortgage giants, Fannie Mae and Freddie Mac, received a combined total of $35.4 million during 2009 and 2010. According to a newly issued report by the inspector general of the Federal Housing Finance Agency, the CEOs of both companies alone were paid a shocking $17 million over the past two years.
While it is good news that the national unemployment rate dropped to 9 percent in January, it is important that we look deeper into the statistics to find the real story of this recession.
« Previous 1 2
It’s been four years since low-wage workers got a raise. Sign the petition to tell Congress it’s time to raise the minimum wage.
Click here »
Tell us about the good stuff happening where you live and work.
