By issuing this toothless code of conduct, the Supreme Court attempts to circumvent necessary reforms and enables more lavish gifts and lucrative speaking engagements from their wealthy patrons.
Chief of Programs at Demos, Angela Hanks on Black employment in this jobs report, wage growth, and the Fed rate hike - what damage that could do to the economy.
“The government has not asked questions of the banks for this latest bailout—protecting the priorities of banks and shareholders. But for the rest of us, not so much.”
"Although credit scores never formally take race into account, they draw on data about personal borrowing and payment history that is shaped by generations of discriminatory public policies and corporate practices that limit access to wealth for Black and Latinx families."
“They collect our data without our permission. They profit from our data. They fail to invest in processes to verify accuracy. And their models are not transparent. This puts Black and Brown consumers at a serious disadvantage.”
The Biden administration should implement its public credit registry proposal to shift power away from an oligopoly that exercises inordinate control over consumers’ financial prospects and towards a fairer system that better respects consumers and reduces racial inequality.
If we are to survive this crisis—and imagine a more equitable, dynamic economy to come, we must start with a recommitment to the value of universal, inclusive public infrastructure.
"To say that people post-crisis, as they try to rebuild their lives, have to carry the impact of this is just another round of disadvantage and discrimination.”
“The potential for executive action to jumpstart the transition that we need — to reorient our democracy for democratic engagement and redress historic inequities — is huge.”
"I think Greta has been able to speak truth to power in a way that has resonated with a lot of young people who are frustrated, who have lived their whole lives seeing inaction on climate change."
In 2016, a report from the progressive think tank Demosfound that most campaign dollars in local elections were coming from contributors who are white, male and high-income.
Women of color are generally underrepresented as campaign donors even though they vote at high rates, according to research by progressive think tank Demos.