Hillary Lays Out Vision for Economy

In her first major policy speech today since announcing her candidacy for president, Hillary Clinton put higher wages for low-income workers at the heart of her economic policy outline saying “I believe we have to build a growth-and-fairness economy.” Hillary also spoke out about the rise in corporate profits, taking a jab at big industry, as she said, “Corporate profits are at near-record highs and Americans are working as hard as ever but paychecks have barely budged in real terms.” Clinton also took on Wall Street today in her speech saying, “Too many of our major financial institutions are still too complex and too risky and the problems are not limited to the big banks that get all the headlines.” Clinton warned … Continue reading

A Gig Isn’t A Job

The middle class is eroding. A real full-time job is a thing of the past for many working Americans. The part-time, freelance gig has replaced the full-time job and that has created shrinkage in the middle-class and income insecurity has become the norm for too many people. While some people might like having a little more free time, the average worker depending on freelance and gig type work has a hard time making ends meet on a regular basis. For many of these people they don’t know when or if they will find a gig. Many people feel that the economic crisis we faced a few years ago simply has not been addressed in a way that can facilitate real change … Continue reading

Hillary Takes Bold And Powerful Stance on Racism and Gun Control

This is what the first female president of the United States sounds like… We heard it loud and clear today, as Hillary Clinton spoke today at the 83rd Annual Meeting of the United States Conference of Mayors. Listening to Hillary speak today, her gentle voice implored us all to think deeply about the implications of the horrific tragedy that just struck in Charleston as Dylan Storm Roof took the lives of nine Blacks worshiping in their church earlier this week. Hillary addressed our nation’s need for not just common sense gun control but also for more love and caring for each other. Both important issues to stand up for. I came of age at a time when barriers were falling for women, … Continue reading

The Business of Wall Street

  by Walter Brasch   If you don’t mind working hard—and partying even harder—why not get a business degree, take a couple of state and federal tests, and become a Wall Street trader? These are the people who are the current crop of Gordon Gekkos—you know, the pretend-fictional character portrayed by Michael Douglas in Wall Street. The men spend thousands of dollars on suits, ties, and cocaine. The women spend thousands just to own a closet of Jimmy Choo shoes. But their existence is shrouded by a coop they call an office or cubicle. Their tools are multiple phone lines and computer screens. The chase for money—and perhaps the excitement in getting people to give up a chunk of their … Continue reading

Divesting America of Ozone-Destroying Energy Sources

  by Walter Brasch   Long before the price of gas and oil began to plummet, socially conscious churches, universities, non-profit organizations, and local governments began to divest themselves of fossil fuel stock and shock the fossil fuel industry to understand the environmental and public health concerns. The World Council of Churches, which represents about 590 million Christians in 520,000 congregations, decided in July that to continue to hold fossil fuel stock would compromise its ethics, and recommended that the 349 member denominations consider divesting oil and gas stock. Six of the eight Anglican dioceses of New Zealand and Polynesia, and four dioceses in Australia divested their portfolios of fossil fuel stock. In the United States, the United Church of … Continue reading

Deck the Malls: The Nightmare After Thanksgiving

  by Walter Brasch   It’s now been about a week after Black Friday, Small Business Saturday, and Cyber Monday. During the four-day spree, about 133.7 million shoppers spent about $50.9 billion, according to AP and TIME magazine. The psychological necessity to push, shove, and trample strangers while fighting for the right to purchase overpriced merchandise made in China has just begun. Thanksgiving—a day when Americans give thanks the Native Americans didn’t have immigration quotas—begins a 30-day frenzy to buy whatever corporate America is selling. It’s an American tradition to give presents to relatives, friends, business associates, and mistresses, all of whom will also give you presents, which will be opened, sometimes enjoyed, and often returned within a week for … Continue reading

A Win for Arthur T. Demoulas and Market Basket

Market Basket Newburyport, MA Last night when the news broke here in Massachusetts that the workers and former CEO Arthur T. Demoulas had prevailed and deal was finally signed for Arthur T. Demoulas to by the beleaguered Market Basket company from his rival cousin, Arthur S. Demoulas, I was among the many loyal customers who cheered the news. Twitter was abuzz with the news and many customers like myself chimed in to spread the news. If you don’t live in a community where there is a Market Basket grocery store, chances are you hadn’t been paying much attention to the Market Basket employees strike and all the many implications it carried for entire communities and the corporation itself. The employee strike … Continue reading