inequality

World Sitting on 'Powder Keg' of Social Unrest: Amnesty

Palestinians inspect the rubble of destroyed houses following an Israeli incursion into the town of Khan Yunis in the southern Gaza Strip in 2008. The world is sitting on a \"powder keg\" of social unrest, which risks exploding as human rights are eroded by the global economic slowdown, Amnesty International warned. (AFP/File/Said Khatib)

LONDON - The world is sitting on a "powder keg" of social unrest, which risks exploding as human rights are eroded by the global economic slowdown, Amnesty International warned.

But its annual report -- detailing abuses from China to Guantanamo Bay and from Sri Lanka to the ex-Soviet Union -- said the global meltdown also offers a chance to rebuild an economic framework putting human rights at its heart.

Banks in Recovery as Home Foreclosures Hit Record

Tape put up by demonstrators that reads 'Foreclosure Free Zone' is seen outside a foreclosed home in Elmont, New York, April 9, 2009. (REUTERS/Shannon Stapleton)

BOSTON - Just months after getting a massive handout from Uncle Sam to prevent the collapse of Wall Street, big banks say they are back on solid ground and ready to repay the money.

The banks are selling stock and debt, and racking up excellent returns on mortgages, loans, high credit card rates and refinancings.

Three big banks, Goldman Sachs, JPMorgan and Morgan Stanley, say they are so healthy now that they can begin to pay back the billions they were given by the U.S. Treasury in December when they said they were on the brink of failure.

FOR IMMEDIATE RELEASE
May 18, 2009
9:00 AM

CONTACT: Applied Research Center (ARC)

Yana Walton - 347.296.8921 or yana@representinc.com

New Report Findings Link Racial Discrimination to Economic Recession

Applied Research Center Says Solving Structural Inequities will Alleviate Recession

NEW YORK - May 18 - A report released today by the Applied Research Center (ARC), a racial justice think-tank, finds that an inclusive and equitable national economic recovery will require that the country address deep patterns of racial discrimination and disparities. The report, titled "Race & Recession," found that numerous policies and institutional practices that create racial inequity are among the root causes of the subprime mortgage crisis and economic downturn.

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The Applied Research Center (ARC) is a racial justice think tank built on rigorous research. Founded in 1981, ARC investigates the hidden racial consequences of public policy initiatives and develops new frameworks to resolve racially charged debates.

High Health Costs Hit Women Hardest

A customer leans against a pharmacy counter in a file photo. (REUTERS/Jessica Rinaldi)

CHICAGO - Most working-age women in the United States have too little health coverage, and often forgo needed care because of cost, U.S. researchers said on Monday.

They found that seven out of 10 women have no insurance, not enough insurance or are in debt because of medical bills.

"More families are making difficult choices between needed health care, making payments on mortgages or credit card debt and purchasing basic necessities," said Karen Davis, president of the Commonwealth Fund, a private health policy group that conducted the research.

You Can Spare a Dime to Save a Kid

My rage regarding the enormous taxpayer-subsidized bonuses at AIG and Merrill Lynch had just about abated.

Posted in ethics, inequality

NCLB No Panacea: US Educational Skills Improve; Learning Gap Stagnates

The basic math and reading skills of USA students have slowly, surely improved over the past 30 to 40 years, new findings show, with sharp increases among many of the nation's lowest-performing students - especially in the past four years.

That's the good news.

Posted in inequality, nclb

FOR IMMEDIATE RELEASE
April 27, 2009
3:02 PM

CONTACT: ACLU

Linda Paris, (202) 675-2312; media@dcaclu.org  

ACLU Observes Equal Pay Tuesday With Call for Pay Fairness Law

WASHINGTON - April 27 - To mark Equal Pay Day tomorrow, April 28, the American Civil Liberties Union calls for the passage of a strong law to eradicate pay discrimination against women. On a day meant to raise awareness about the continuing pay gap between the genders, members of the ACLU plan to ask their Senators in emails, calls and letters to pass a bill addressing pay discrimination, known as S. 182, the Paycheck Fairness Act. This legislation would provide a much needed update to the Equal Pay Act of 1963, by closing loopholes and strengthening its weak remedies over 45 years.
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The ACLU conserves America's original civic values working in courts, legislatures and communities to defend and preserve the individual rights and liberties guaranteed to every person in the United States by the Constitution and the Bill of Rights.



FOR IMMEDIATE RELEASE
April 24, 2009
1:30 PM

CONTACT: ACLU

Maria Archuleta, (212) 519-7808 or 549-2666; media@aclu.org

Supreme Court to Hear Voting Rights Act Challenge Wednesday, April 29

ACLU Represents Individual Affected by Oversight Provision

WASHINGTON - April 24 - On Wednesday, April 29, the U.S. Supreme Court will hear an appeal brought by a small municipal utility district in Austin, Texas challenging a key section of the Voting Rights Act of 1965, the landmark federal law that ensured African-Americans and language minorities access to voting booths across the South.
 

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The ACLU conserves America's original civic values working in courts, legislatures and communities to defend and preserve the individual rights and liberties guaranteed to every person in the United States by the Constitution and the Bill of Rights.



FOR IMMEDIATE RELEASE
April 23, 2009
1:18 PM

CONTACT: Institute for Public Accuracy (IPA)
Sam Husseini, (202) 347-0020; or David Zupan, (541) 484-9167

IMF and World Bank Meetings in Washington

WASHINGTON - April 23 - Finance ministers and central bankers from around the world are in Washington this week for semiannual meetings of the International Monetary Fund and World Bank.

DR. PETER BUJARI, via Blair Hinderliter
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A nationwide consortium, the Institute for Public Accuracy (IPA) represents an unprecedented effort to bring other voices to the mass-media table often dominated by a few major think tanks. IPA works to broaden public discourse in mainstream media, while building communication with alternative media outlets and grassroots activists.



Posted in imf, inequality

The Shipping News

If you’re looking for signs of the Apocalypse – and who isn’t? – here’s a good one. There’s an uptick in ark building.

You heard me. According to The Wall Street Journal, that Bible of the Financially Bilious, Hong Kong’s billionaire Kwok brothers are in the final stages of constructing the world’s first full-size replica of Noah’s Ark – 450 feet long, 75 feet wide and 45 feet high. "Just the answer,” the Journal reports, “for the rising waters threatening the global economy."
Posted in inequality, piracy
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