Former Goldman Sachs employee Greg Smith wrote an op-ed in yesterday’s New York Times that simmers with pathos. Smith describes the devolution of the culture at Goldman: Whereas in the past, the company worked in the interests of its clients, they are now seen merely as the source of transactional profit, to be manipulated for the benefit of the firm.
Some youngsters want to grow up to become artists or athletes or firefighters. Some want to be doctors or dancers. Charles Walker wanted to own a supermarket.
“Ever since I can remember, I wanted my own grocery store,” he said over lunch on a quiet afternoon in snowbound Detroit last year. To Walker, “grocery store” meant a gleaming, well-run supermarket, not necessarily huge but well stocked and scrupulously clean, with fresh meats and produce and first-class customer service.
Demos submits the following comments strongly supporting the proposed Department of Labor (Department) rule to amend Fair Labor Standards Act (FLSA) regulations by extending minimum wage and overtime premium pay to nearly 1.8 million low-wage home care workers. Demos is a non-partisan, non-profit policy research organization focused on rebuilding pathways to a more diverse middle class, and increasing democratic participation. This proposed rule will help lift hard-working Americans closer to the middle class, ensuring fair pay for women, especially women of color.
State government should offer a retirement plan to the increasing number of people whose companies don't provide a pension or a 401(k) savings program, labor groups and other advocates this week told a legislative panel.
The Labor and Public Employees Committee has raised a bill that would create a task force to study that concept and report back when the 2013 General Assembly session convenes next January.
By enacting H.B. 5024, Connecticut would become the 10th state to permit eligible citizens to both register and vote on Election Day and/or during the early voting period.
Physically large and in charge, Mike Daisey’s performance style suggests a peculiar combination of the late Spalding Gray and Lewis Black of The Daily Show with Jon Stewart. He sits at a table on a bare stage with some notes and a glass of water and simply tells his story; at times hysterically funny, at others, poignant, withering and accusatory. Some might find his manner a bit loud and overbearing: the night we were there last fall, media moguls Barry Diller and David Geffen were sitting a couple of rows in front of us and walked out after the first fifteen minutes or so.
In November of 2010, New York state’s Domestic Workers Bill of Rights—the first such law in the nation—went into effect, giving some 200,000 nannies, health aides, housekeepers, private cooks, and other at-home workers considerable power to address the poor conditions they often encounter in their unusual workplaces. Around the same time, the Urban Justice Center began holding a monthly legal clinic to help domestic workers file complaints.
“It’s a disgrace that this is happening in a country as rich as ours,” former New York Times op-ed columnist Bob Herbert said, describing what he called a “massive employment crisis” in the U.S.
Herbert, a Distinguished Senior Fellow at the economic equality think tank Demos, delivered his lecture on “A Call to Civic Engagement” as part of SIPA’s Weston lecture series.
Thank you, members of the Committee for this opportunity to present testimony. I am a Senior Policy Analyst in the Economic Opportunity Program at Dēmos. We are a national, non-partisan research and advocacy organization, established in 2000 and headquartered in New York City. The Dēmos Economic Opportunity Program works to achieve a more equitable economy with opportunity for all.
In 1907, Congress banned corporate contributions to federal candidates in the wake of the robber baron-era scandals. In 1947, the ban was formally applied to corporate expenditures and extended to cover labor unions.
Job-seekers beware — whether you're applying to do maintenance work in Denver, telephone tech support in Littleton, plumbing in Fort Collins, work as a home care aide in Aurora, or even just scoop frozen yogurt in Colorado Springs — there's one qualification you'll need regardless of your skills or ability to do the job: good credit.
By passing this proposed constitutional amendment, and laying the groundwork to enact SDR, Maryland would become the 10th state to permit eligible citizens to both register and vote on the same day.
Thank you, Chairperson Carroll and members of the Committee for this opportunity to present testimony. I am a Senior Policy Analyst in the Economic Opportunity Program at Dēmos. We are a national, non-partisan research and advocacy organization, established in 2000 and headquartered in New York City. The Dēmos Economic Opportunity Program works to achieve a more equitable economy with opportunity for all.
The difference is obvious, Potter replied. Because 527 groups were legally shady, they attracted far less money from fewer donors. True, the FEC didn’t enforce the law, but donors couldn’t be sure that would be the case, and some were unwilling to take the risk.
The mortgage servicing deal reached today between a coalition of state attorneys general and five major Wall Street banks is an important stepping stone in the effort to secure justice for homeowners victimized by the fraud and abuse behind the foreclosure crisis.