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On May 1, the White House released a 90 day review studying the effects of big data and privacy, led by Obama's Counsel, John Podesta. The review, which can be found here, and a summary of it, here, also focuses on big data’s potential for discrimination.
On Monday, the Massachusetts General Assembly announced election bill H.4072, an omnibus voting package that has been reconciled from 2013 companion bills H.3788 and S. 1975. The final bill, which will take effect beginning in 2016, makes important inroads towards modernizing Massachusetts’ electoral processes as a part of the continuous effort to grant its residents expanded access to the ballot.
The owners of capital have had a great run over the past few decades. They've made a killing by exploiting an open global trading system, an abundance of cheap labor, and technological advances. Times have been so good that Forbes lists a record 1,645 billionaires worldwide, including 268 new ones in just the past year.
Yet nothing lasts forever, and systems that favor the few over the many are especially vulnerable to disruption. It's always hard to say when the shift will come, or what will mark a turning point.
On this Mother’s Day congratulations to Arisleyda Tapia, the hardworking mom of 5-year-old Ashley, are in order. And not only because this Dominican immigrant is the mother of a beautiful little girl, but because she has courageously joined the fight for justice for herself, and hundreds of thousands of other endlessly exploited fast food workers.
Fast food workers have held one-day strikes across the United States on different occasions the past few years, but on Thursday, they are taking their operation global. Their demand: a $15-an-hour wage. The strikes will take place in 150 cities across more than 30 countries as part of the 'Fight for Fifteen' movement.
On Thursday, the fast-food strikes that have been spreading around the country are going global. Workers at restaurants like Burger King, McDonald's, Wendy's, and KFC are walking off their jobs in 230 cities around the world to demand a minimum wage of $15 an hour and the right to form a union without retaliation. Strikers will protest in 150 US cities, from New York to Los Angeles, and in 80 foreign cities, from Casablanca to Seoul to Brussels to Buenos Aires.
Fast-food workers and labor organizers are planning a strike of global proportions Thursday, based on the premise that low-wage occupations should still be “living wage” occupations. In the US, Thursday’s date – May 15 – carries numerical significance, as actions in as many as 150 cities aim to win a pay raise to at least $15-an-hour from restaurant chains in the industry, as they also push to unionize the companies.
WASHINGTON, DC – Citing a recent report which found an alarming 1000-to-1 pay disparity between fast food CEOs and their front line workers, Senator Menendez again called on Securities and Exchange Commission Chair Mary Jo White to finalize its rule requiring publicly traded companies to disclose the ratio between the compensation of their CEO and median worker, as directed by Section 953(b) of the Dodd-Frank “Wall Street Reform Act”.
It seems every day that a well-regarded economist is telling us that the US economy is in dire straits. Larry Summers has warned that we are entering a period of “secular stagnation.” This is a condition in which low-interest rate monetary policy no longer stimulates growth of the economy and well-paying jobs.