SE News

Congress And States Should Enact A Green New Deal

It's Our Economy - December 14, 2018 - 6:01pm
While many candidates in 2018 used the phrase the Green New Deal to highlight that a transition to renewable energy would help create living wage jobs, AOC’s proposal for a plan for 100% clean energy by 2030, single payer health care and other economic measures comes much closer to the GND developed by the Green Party. What is still left out is the necessity of reducing the size of the Military Industrial Complex and termination of its imperial agenda. AOC’s proposal also needs to be expanded, including an immediate halt to any new fossil fuel infrastructure, a focus on public ownership and democratic control of the energy systems, and paying for it by enacting a cut of 50% or more in the military budget.
Categories: Friends of GEO, SE News

Pigs, From Crisis To Self-Organisation

It's Our Economy - December 12, 2018 - 11:00am
In his brilliant book about the history of Latin America – “Las Venas Abiertas de América Latina”, (The Open Veins of South America) originally published in 1971 – Eduardo Galeano (1940-2015) starts by writing that the international division of work consists of defining that some countries specialise in winning and others in losing. Galeano describes a history of the region that is made by its own People, a history that does not depend on the greatness and the richness of the Country. A system where development deepened inequalities and popular sovereignty had to be bonded because There Is No Alternative. “It’s a problem of mindsets”, would declare the canny eurocrat after reading Galeano’s introduction.
Categories: Friends of GEO, SE News

Financing The Future Of Cooperative Low-Income Housing

It's Our Economy - December 12, 2018 - 11:00am
In the late 1970s and early 1980s, New York City went through a devastating financial crisis. Buildings in neighborhoods across the city were essentially abandoned by their landlords. In some cases, tenants banded together to take over managing their buildings. Clusters of such buildings emerged in some neighborhoods, including Manhattan’s Lower East Side, East Village, and Harlem. The city created the Housing Development Fund Corporation program, offering reduced property taxes to cooperatively-owned buildings reserved for low- and moderate-income residents, known as limited-equity cooperatives.
Categories: Friends of GEO, SE News

Do You Know You Are A Wage Slave?

It's Our Economy - December 11, 2018 - 8:00pm
The majority of people in the United States are in a position of wage slavery, in which they depend on their boss for the ability to survive, but it has been so normalized that many do not question this arrangement. We bring back an interview with John Curl, author of “For All the People: Uncovering the Hidden History of Cooperation, Cooperative Movements and Communalism in America.” He writes about the long history, that isn’t often taught, of people who created cooperative structures to counter the power of industry and finance. Cooperative movements often parallel social movements. We discuss why this matters today.
Categories: Friends of GEO, SE News

Demand An End To The Taxation Of Social Security Benefits

It's Our Economy - December 10, 2018 - 8:00pm
Social Security, the retirement program established by President Franklin D. Roosevelt and the Democrats in Congress in 1936 as a cornerstone of the New Deal programs that were put in place to help Americans struggling with the Great Depression, has been under attack by Republicans ever since it began. In the early 1980s, they finally got their first chance to really take a whack at it. It was the first term of the administration of Ronald Reagan and thanks to medical advances that were allowing people to live much longer and to the Medicare and Medicaid programs or the mid 1960s that made those advances available to most Americans for the first time…
Categories: Friends of GEO, SE News

Nine Year Losing Streak For US Fracking Sector

It's Our Economy - December 9, 2018 - 10:00pm
Oil prices rose and oil and gas production boomed during the third quarter of 2018. But the US fracking sector continued its nine-year streak of cash losses. All told, a cross-section of 32 publicly traded fracking-focused companies spent nearly $1 billion more on drilling and related capital outlays during Q3 than those companies generated by selling oil and gas. Only 10 of the 32 companies secured positive cash flows for the quarter, and only eight generated positive cash flows over the trailing 12-month period. These results may surprise those who incorrectly equate rising output with financial success.
Categories: Friends of GEO, SE News

Council Approves Bills For ‘Fair Workweek’ And $15/hr. Wage Hike

It's Our Economy - December 8, 2018 - 8:00pm
The 24-year-old graduate of Olney High School left his job at a Target store two weeks ago because the company couldn’t accommodate his schedule — he’s only able to work daytime hours because in the evenings, he has to take care of a nephew who has cerebral palsy. Now, he works at Ross on City Avenue, where he’s in charge of making sure people don’t steal. But because he’s only getting 25 hours, he makes about $200 each week. His managers said they’re trying to make him full-time. If he could even get 32 hours a week, he said, it would make a big difference to his relatives, including his grandmother, who has cancer.
Categories: Friends of GEO, SE News
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