In response to yesterday’s Supreme Court ruling, which upheld a Michigan state law banning the consideration of race or ethnicity as a factor among state college admissions, Demos President Heather McGhee issued the following statement:
The country should be recommitting to diversity and inclusion, not retreating.
(New York, NY) – As shareholders prepare for annual meetings, Demos released a new study today that finds that the fast-food industry has the greatest CEO-to-worker pay disparity in our economy, with ratios exceeding 1,000-to-1. The study finds that the growing disparity within fast-food threatens economic growth and shareholder investment.
NEW YORK— Yesterday, New York joined ten states and the District of Columbia to enact a National Popular Vote Interstate Compact (NPVIC) proposal. NPVIC, if enacted, would award all of a state’s electoral votes to the winner of the national popular vote, ensuring the winner of the popular vote wins the presidency. NPVIC, which takes effect when enacted by states representing a majority of electors, has now received over half of the state laws it needs to be realized.
New York adopting the National Popular Vote proposal is a victory for democracy
The same day President Obama was at Al Sharpton’s National Action Network conference deriding and lambasting voter ID laws, I was on a plane with the pro-voter ID blogger J. Christian Adams. Between the two of us, you won’t find two people at farther opposing ends of the voting rights spectrum.
Michael Lewis’ new book, “Flash Boys,” relates a real-life techno thriller in which a trader who identifies and ultimately thwarts a scheme deployed by piratical “High Frequency Traders” to squeeze a relatively small amount out of many stock transactions being executed electronically. As our hero’s trade bounced around hyperspace looking for the best price, the HFTs would detect its path, use their speed to get in front of the trade, and buy up the inventory so that the price of our hero’s trade could be dictated.
When the McCutcheon ruling came down I was sitting in a room with several young African American men and women East Harlem talking about their struggles with employment in a world they said was stacked against them. They constantly talked about race, class, and power—but ultimately believed they couldn’t do much about it. All too often in fact, they shrugged off the notion that they any agency to change the system, with one guy noting, “we’ve just gotten the short end of the stick.”
High-frequency trading (or “HFT”) is suddenly the financial market scandal of the day. Michael Lewis has published a book that was featured on Sunday in a 60 Minutes report and in a story in the New York Times Magazine. HFT is the use of high-powered computers, blazing fast connections with exchanges, and sophisticated trading algorithms to transact in time frames measured in milliseconds or shorter.
Despite the fact that Tennessee has one of the most restrictive photo ID requirements for voting in the nation, the state is rarely discussed when voter ID is the topic. However, Tennessee’s law will now allow college students to use their university identification cards to vote, just like in Texas and North Carolina, the poster children of voter ID. In each case, it seems, students decided they were tired of being unseen and unheard.
SACRAMENTO – In a victory for voting rights, the state of California has agreed to mail voter registration cards to nearly 4 million Californians who have signed up for health insurance through the state health exchange, Covered California, and to ensure that Californians who apply for health benefits through the exchange going forward are provided voter registration opportunities.
BOSTON, MA — On Friday, the United States District Court for the District of Massachusetts issued a series of rulings in Delgado v. Galvin, rejecting defendants' efforts to dismiss parts of the case, adding MassHealth as a defendant, and broadening the inquiry into the statewide failure of Massachusetts public assistance offices to provide federally required voter registration services to the Commonwealth's low-income citizens.
A recent ProPublica article points to a number of pending lawsuits aimed at restoring key federal protections against racial voting discrimination. Up until last summer, certain states and jurisdictions with histories of preventing African Americans from voting were forced to have all election changes cleared by the federal government before implementation.
Much of the rancor around why they opposed Debo Adegbile for heading the Justice Department’s Civil Rights Division has been about Mumia Abu-Jamal. But it seems from their line of questioning that there’s also an agenda to undermine the Civil Rights Divisions’ duties to enforce voting rights and protect Americans against discrimination.
NEW YORK, NY—Today, national public policy organization Demos released a new report detailing the impact of state disinvestment in higher education since the beginning of the Great Recession. The report release coincides with the launch of Higher Ed, Not Debt, a campaign with over 60 organizations dedicated to supporting borrowers, addressing unfair lending practices, and reining in soaring costs in higher education.