7) Unions are one of the few institutional bulwarks against a corporate dictatorship over all of us: I mentioned their role in the ballot initiative and electoral process, but how are people organized in society? Into factories and electronics assembly shops and big-box stores. They wake up in the morning and - even with strong unions - much of their life is dominated by the company: what time to show up, what time to break (and do we get one?), how fast to work.
According to the consumer advocacy group Demos, from 1992 to 2001, the youngest adults (18 to 24 years old) saw the sharpest rise in credit-card debt-104 percent-to an average of $2,985. The second-highest increase-55 percent-was among young adults (25 to 34 years old), who also had the second highest bankruptcy rate, just after those ages 35 to 44.
According to the educational lender Nellie Mae, incoming college freshmen will amass $1,500 in credit-card debt before the end of their first term.
The stories of our clients—Sherry Denise Holverson, Isabel Najera, and Alexandria Lane—are not outliers, but rather represent a problem that has been occurring across the state of North Carolina.
Today, we reached an important agreement with the state of Oklahoma that will bring comprehensive voter registration opportunities to citizens throughout the state.
Women make up almost half of all workers in America and working mothers are the primary breadwinners in 40 percent of the nation’s families, so economic equality would make an immense difference for families and the economy as a whole.
The significance of National Voter Registration Day has never been clearer to me than when I found myself in Tulsa, fighting for the voting rights of Oklahomans.
The demonized banking industry must make the case it is morally noble. That may jar some ears, but surely enabling retirees to earn a return on their savings and funding business expansion creating jobs and wealth, improving Americans’ quality of and opportunities in life is morally noble. — Eric Glover, the Washington Times, September 24, 2015
The hyperactivity of the presidential election has raised the level of discussion of financial regulation, at least in terms of noise if not enlightenment. Mr.
We have an exciting update about what has happened since we reached our comprehensive settlement in Oklahoma to improve voter registration services for citizens across the state.
Washington is in its usual state of hysteria this week -- now over the Obamacare rollout -- so, as usual, few people in power are talking about the biggest problem facing the country: a still-stagnant labor market that has stranded millions in a jobless hell, with real unemployment rates for some groups at Great Depression levels.
The third quarter GDP numbers were released this morning, which show a GDP increase of 2.8 percent, an increase from the 2.5 percent reported for the second quarter. Among other factors, increases in personal consumption and state and local government spending helped contribute to the increase in GDP. Of course, the state and local spending was offset by a negative contribution from federal government spending.
The events of yesterday nicely summed up American economic life: a tiny sliver of people, mostly tech and finance insiders, got fabulously wealthy from Twitter's IPO while 64 people were arrested protesting the poverty wages paid by the largest U.S. employer, Walmart.
Black veterans weren't able to make use of the housing provisions of the GI Bill because banks generally wouldn't make loans for mortgages in Black neighborhoods, and African-Americans were excluded from the suburbs by a combination of deed covenants and informal racism.
