New York, NY — The Inequality Matters conference kicks off on Thursday, June 3rd at New York University (NYU), with keynotes by Bill Moyers and Barbara Ehrenreich.
The conference will raise an alarm about the explosive growth in economic inequality in the U.S., examine its causes, and create a forum to press for solutions to this national crisis.
° The Congressional Budget Office (CBO) recently released new figures showing that the income gap in the US is now the widest in 75 years.
New York, NY. — Today a New York City-wide coalition of celebrities, community-based organizations, civil rights groups and criminal justice activists held a press conference to publicly launch its campaign, Release the Vote: Unlock the Block. Forty-two organizations have endorsed the initiative (listing attached).
Unlock the Block is mounting a major public information campaign to educate, mobilize and register thousands of people formerly incarcerated for a felony conviction, their families and their communities. See www.unlocktheblock.org.
NEW YORK — Over the last decade, high interest rate debt among America's seniors has skyrocketed, making them the fastest growing age group headed into bankruptcy court, according to a new report, "Retiring in the Red: The Growth of Debt Among Older Americans," released today from Demos, a non-partisan, public policy group based in New York City.
New York, NY — Americans faced a massive rise in credit card debt during the 1990s, according to a new study released today by Demos. "Borrowing to Make Ends Meet" found that while low-income and elderly Americans have been hit hardest by the debt boom, Americans of all stripes are suffering under the burden of high-interest credit card debt.
New York, NY — Propositions to enact Election Day Registration (EDR) in California and Colorado were defeated yesterday, preventing citizens from gaining the ability to register and vote on Election Day. The promise of EDR is that every citizen, including significant portions of the population that have traditionally been marginalized, have the opportunity to participate in the democratic process.
Washington, DC — Today in the United States, the credit card market is measured on a scale of billions. The amount of debt owed on credit cards in 2005 was $800 billion; $30 billion is how much lenders profit each year. Under the guise of "democratization" the federal government has deregulated the industry over the past 30 years, eliminating caps on interest rates and penalties. Those who can least afford it are paying the price.