FOR IMMEDIATE RELEASE
Contact: Russell Bannan
Colorado Jobs with Justice
APRIL 4TH “DAY OF ACTION” EVENTS WILL BRING TOGETHER UNIONS, ORGANIZATIONS, STUDENTS AND ACTIVISTS TO DEMAND SOCIAL AND ECONOMIC JUSTICE
Commemorating 43rd Anniversary of Rev. Martin Luther King, Jr.’s Last Speech and Assassination
Labor unions, progressive organizations, community leaders and higher education students will join together Monday, April 4th in several Colorado cities at rallies, marches, teach-ins and walk-outs to commemorate the 43rd anniversary of the assassination of Dr. Martin Luther King Jr., and to demand political and economic justice for all people.
Denver, CO, April 3, 2011 – College students, union members, organization leaders, community activists and others will join together on Monday, April 4, 2011, to commemorate the 43rd anniversary of Dr. Martin Luther King Jr’s march for sanitation workers in Memphis, Tennessee, followed by his famous last “Promised Land” speech, and assassination on April 4th, 1968.
Payday lenders and the Colorado economy as a whole felt the pain when Colorado HB 10-1351 passed, in accordance with state Rep. Larry Liston. In response to the controversial legislation, Colorado legislators have introduced HB 11-1290, which would fill the gap created when payday loans were banned by requiring a full payment of origination fees up front, instead of allowing for a pro-rated amount should the customer pay off their short term installment loan early. Source of article - Colorado short term installment loans bill HB 11-1290 up for debate by MoneyBlogNewz.
This week, the Colorado House Bill 11-1290 might get to committee
Introduced Friday on the floor of the legislature, Colorado House Bill 11-1290 might be debated as early as this week, reports the Colorado Statesman. The short term installment loans origination fee of $20 per $100 loaned for the first $300 and $15 per $100 loaned for the next $200 up to a maximum of $500 loaned nets loan companies up to $75. Colorado law allowed a monthly maintenance fee of $7.50 a month for every $100 lent and a finance charge of 45 percent.
As two-week pay day loans cannot any longer be offered in Colorado, loan companies argue that being able to charge a full origination fee as HB 11-1290 stipulates is necessary for survival.
HB 11-1290 sponsors predominantly voted against HB 10-1351
The House had 10 co-sponsors sustaining the legislation including Rep. Ed Casso, D-Commerce City, who was for HB 10-1351 and Rep. Sue Schafer, D-Wheat Ridge, who gave a “no” vote to HB 10-1351. Anti-HB-1351 legislators are sponsoring the bill as well including Sen. Louis Tochtrop, D-Adams County, and Sen. Mary Hodge, D-Brighton.
The following is a statement issued by the Denver General Membership Branch of the IWW calling anti-capitalists to converge on the April 4th labor actions in Denver. There will be an anti-capitalist and radical worker's bloc participating in the march beginning at 11:30am at 17th and California as well as a presence at the later rally and vigil.
The uprisings in Europe, then North Africa and the Mideast, and in the United States are not a coincidence. They are, at least in part, a common rebellion against a common enemy that threatens to make working people pay for its plunder and failures: the neo-liberal policies of unregulated capitalism, croney government, and phoney "banking". We believe the best of what workers have spoken so far is not reforming a crippled and crippling capitalist system, but for the working class to step in as replacements for bundling bankers and bungling politicians.
WE HAVE A CHOICE TO MAKE: WE CAN LET OUR MOVEMENT BE CHANNELED TO
WEAK REFORM AND ELECTORAL MEASURES OR WE CAN PUSH ONWARD
NOT JUST FOR WORKERS' RIGHTS IN THE OLD SYSTEM
BUT FOR WORKERS' POWER to control our own work, our wealth, our well being. Early in the last century the newpaper The Messenger, founded by A. Philip Randolph, called for mass strikes and workers' control as "the antidote for capitalist poisons".
AMERICAN ELITE'$ HAVE CLEARY INFECTED OUR U.S. SUPREME COURT IVORY TOWER$ WITH CORRUPTED JUSTICE CLARENCE THOMA$ ~
AMERICA CAN NO LONGER AFFORD THE $LY FOX IN OUR U.S. $UPREME COURT 2 CONTINUE EATING THE GOLDEN GOO$E EGG$..
AMERICA'S U.S.SUPREME COURT ALSO NEEDS TO REPRESENT INTEGRITY 4 JUDGING U.S. LAWS FOR ALL IN USA TO BELIEVE IN JUSTICE CLARENCE THOMA$ ...
BY ALL OBVIOUS APPEARANCES, OUR U.S. SUPREME COURT IS IN DESPERATE NEED OF A MAJOR U.S.CONGRESSIONAL OVERHAUL ! FOR THIS IVORY TOWER JUDICIAL GROUP TO CONTINUE ATTEMPTING TO STAY A RELEVANT LEGITIMATE JUDICIAL BODY ABLE TO RETAIN THE AMERICAN PUBLIC'S CONFIDENCE TRUE REFORM MUST PREVAIL !
WHEN THIS ONCE GREAT LEGAL BODY'S MEMBERS CONTINUE TO LOOK EVERYWHERE ELSE IN ATTEMPTING TO CORRECT JUDICIAL INJUSTICES & REINVENTING OUR COUNTRIES LEGAL LAWS, THEY HAVE APPARENTLY TURNED THEIR HEADS, CLOSED THEIR EYES & EARS IN ALLOWING MAJOR CORRUPTION TO PERMEATE THEIR VERY OWN CHAMBER$ !!!
FORMER PRESIDENT RICHARD NIXON PAID THE ULTIMATE PRICE OF HIS PAST MISDEEDS AND RESIGNED FROM HIS HIGH OFFICE PRIOR DESTROYING THE IMPORTANT IMAGE THAT OUR PRESIDENTIAL OFFICE MUST MAINTAIN IF WE ARE TO CONTINUE BEING A GREAT COUNTRY...
LAWYERS FOR POOR AMERICANS WILL CONTINUE CALLING ON OUR COUNTRIES IVORY TOWER U.S. SUPREME COURT JUSTICE CLARENCE THOMA$ TO ALSO RETHINK HIS FUTURE YEARS ON THE BENCH AND OUR WONDERFUL COUNTRIES FUTURE IF YOU CONTINUE PUTTING YOU AND YOUR WIFES OWN VE$TED INTEREST$ BEFORE THE HIGHEST COURT IN THE LAND IN WHICH YOU
CONTINUE PRETENDING TO CREDIBLY REPRESENT WITH INTEGRITY ??
NEW YORK TIMES NEWSPAPER
The Court’s Recusal Problem
Published: March 15, 2011
Supreme Court justices have life tenure to assure their independence and impartiality.
A dear friend of ours and local community organizer is presently faced with spending thousands of dollars in legal costs to defend his son from potential deportation. In addition to contributing to fund raising efforts in conjunction with members and groups in the local radical scene, we are now offering half the proceeds from our Tierra y Libertad Zapatista Woman art print (one of our most popular items) to him and his family. The poster is a 12" x 24" Giclee print on 250 gsm fine art watercolor paper. Signed (by artist Matt Verges) and numbered, limited to 50.
My grandfather walked with a very long stick adorned with many allegories. Tata Noah told me long ago that it represented our true nation, which was all unknown, because many of those living in the village had given in to the viciousness of the white people and did not follow the customs of our fathers. That hurt my Tata, so when I arrived, he ever and ever told me many things and stories of our nation...
Tata Noah chief of Indigenous communities
He was not very tall, but he was considered more Indigenous that other people from our country. His skin was almost white, like a Creole’s, and his eyes were the color of the sky. Some of his children took the same eye color. He was my Tata Noah, the grandfather of my father, chief of Indigenous communities of Mollepata and Mollebamba. He was always working, whether in the fields that the villagers had dedicated to him, or at home using our machine to make ice cream with fruit. It was what I liked best as a child; the frozen fruit was so diverse and delicious. I always remember my grandfather Noah in the largest room of the house, with his ice cream maker.
The favorite of all Tata Noah’s children was my grandfather, his eldest son, who followed the tradition of our ancestors and married his first cousin, who gave birth to my father. I became his favorite when I was born.
I heard my Mamacona Herlinda say that Tata Noah cried when I was born because I was bleeding in the eye. He went into the hills for several weeks to conduct a ceremony to the ancestors and to ask our Apus (spiritual leaders) to heal me of what I was born with.
Wisconsin GOP Rams Through Union-Busting Measure; Thousands Storm Capitol
Wisconsin Republicans rammed through a measure stripping state public employees of their collective bargaining rights. What happens now?
March 9, 2011
Late Wednesday, Wisconsin Republicans rammed a measure through the Senate stripping collective bargaining rights from most public workers in the state. Although the 14 Democrats who fled the state to block Governor Walker's union-busting bill remain in Illinois, Republicans were able to push through the measure anyway by separating the collective bargaining provision from the other elements of Governor Scott Walker's "budget repair bill." (This, after claiming for months that killing public workers' right to negotiate was all about reining in the state's debt.) The measure passed 18-1, with Republican Sen. Dale Schultz voting against. Critics say the rushed legislative session -- with only one Democrat in attendance -- may have violated the state's open meetings law. So what's next? AlterNet has the latest updates and analysis:
Update: Within hours of the vote, the Capitol was flooded with thousands of furious protesters: "The whole world is watching!" they shouted as they pressed up against the heavily guarded entrance to the Senate chamber," ABC reports.
Update: Push for recall:
State Democratic Party chairman Mike Tate released a statement pledging to pursue recall of all Republican lawmakers that are eligible: Using tactics that trample on the traditions of our Legislature, the Republican leadership has betrayed our state. Republicans have rubber-stamped the desire of the Koch Brothers and their godshead Scott Walker to cripple Wisconsin's middle class and lower benefits and wages for every single wage-earner in our state.
The Colorado Chapter of the National Lawyers Guild and the ACLU of Colorado are sponsoring a forum for Denver Mayoral candidates specifically on the issue of police accountability. As the recent beating of Michael DeHerrera and the tragic death in custody of Marvin Booker make clear, the city of Denver faces a serious problem of police abuse of power and a serious lack of accountability for abuses committed by DPD officers. A large turnout at this forum will put the candidates for mayor on notice that the public expects whoever takes that office to take this issue seriously and to have a clear plan for reform. Four panelists with backgrounds in issues of police accountability--Metro State criminology professor Joseph Sandoval; ACLU Legal Director Mark Silverstein; DU Law Professor Jessica West; and community activist Lisa Calderon--will question the candidates about their plans for restoring public trust in Denver law enforcement. The forum, free and open to the public, will be held THURSDAY, APRIL 7, 6 - 8 PM, CENTRAL PRESBYTERIAN CHURCH, 1660 SHERMAN ST. Doors open at 6 pm, program begins at 6:30.
G7 finance ministers gather in Dresden, Germany, to discuss promoting "sustainable growth" in the face of growing global debt. US Treasury Secretary Jacob Lew is among the ministers gathering. The meeting takes place amid debt crises in the Eurozone and the developing world. The ministers meet after the International Monetary Fund (IMF) reported slow economic growth and increased debt burdens during the IMF/World Bank Spring Meetings.
"It's impossible to experience sustainable growth, when wealthy and poor countries are struggling with unsustainable debts," stated Eric LeCompte, Executive Director of Jubilee USA Network, who is in Dresden for the meetings.
The finance ministers gathered in Dresden include Joe Oliver of Canada, Michel Sapin of France, Wolfgang Schäuble of Germany, Pier Carlo Padoan of Italy, Taro Aso of Japan, George Osborne of the United Kingdom and Jacob Lew of the United States. Jubilee USA joined Jubilee Germany in Dresden for several G7 outreach events organized on the growing debt crisis.
According to the most recent public World Bank figures, Nepal pays $594,000 a day in debt payments as cited by the religious development organization, Jubilee USA Network. World Bank figures report that Nepal owes $3.8 billion in foreign debt and in 2013 paid $217 million in debt payments, or nearly $600,000 a day. Nepal was already one of the world's poorest countries, ranking 145th out of 187 countries listed on the United Nations Human Development Index, before an April 25th earthquake hit the country killing more than 8,000 people. On Tuesday another earthquake of 7.3 magnitude killed more than 100 additional people in the country.
"It's mind-blowing that one of the poorest countries in the world, struggling with earthquake recovery, pays $600,000 a day on debt," said Eric LeCompte, Executive Director of Jubilee USA. "That's $4 million a week that could be going toward recovery and rebuilding."
As Nepal scrambles to rebuild before the approaching Monsoon Season, it finds itself in debt to the tune of $1.5 billion to the World Bank and another $1.5 billion to the Asian Development Bank. The country also owes $133 million to Japan and $101 million to China.
"The World Bank and Asian Development Bank must immediately cancel these debts," stated LeCompte, who serves on United Nations finance expert groups.
IMF's Lagarde and World Leaders Will Attend Historic Ethiopia Summit
The United Nations, International Monetary Fund (IMF), World Bank and finance ministries are meeting in New York to finalize an agreement for the Financing for Development Conference (FfD) to be held in Addis Ababa, Ethiopia, in July. The summit seeks to tackle global poverty and features the IMF's Christine Lagarde, heads of state, business leaders and humanitarian groups such as Jubilee USA Network. Pope Francis has committed to attend the Sustainable Development Goals Conference to follow up on the commitments from the Financing for Development process.
"These negotiations are critical for billions of people living in poverty," said Eric LeCompte, executive director of the religious development organization, Jubilee USA Network. LeCompte and Jubilee USA are involved in negotiating the FfD outcome document. "This is a rare opportunity to create a binding global plan to drastically diminish poverty in our lifetime."
This summer's conference is the third Financing for Development summit. The first summit was held in 2002 in Monterrey, Mexico. It produced the "Monterrey Consensus," which laid out six areas of development financing. The 2008 summit in Doha, Qatar, led to commitments from developed nations to continue aid to developing nations and to address a number of systemic global economic concerns that contribute to global poverty such as debt, trade and tax issues. As the United Nations Millennium Development Goals expire, current negotiations continue to focus on these "systemic" issues in the form of domestic resource mobilization, or supporting developing countries to raise more revenue in their countries.
The International Monetary Fund (IMF) and the World Bank announced $1.1 billion in debt relief for Chad. The money comes through the IMF and World Bank's two major debt relief programs: the Heavily Indebted Poor Country Initiative (HIPC) and the Multilateral Debt Relief Initiative (MDRI). Chad is the 36th country to receive HIPC relief and the first since 2012. Chad is the fourth-least developed country in the world. More than half its population lives in poverty.
"Debt relief for Chad means an investment in education and healthcare," said Eric LeCompte, executive director of the religious debt relief organization Jubilee USA Network, which advocated for the IMF and World Bank debt relief programs. "This is an important way to give Chad's people help."
As of 2013, Chad owed $2.2 billion to foreign lenders and spent over $100 million annually paying off debt. Prior to receiving debt relief, Chad owed around $800 million to the World Bank and $400 million to the African Development Bank. Chad also owes approximately $500 million to other governments. Under the relief plan, Chad receives $18 million in debt relief from the IMF, nearly $600 million from the World Bank and $236 million from the African Development Bank. Thirty-nine countries are eligible for HIPC debt relief. Qualifying countries must meet certain criteria and implement poverty reduction plans. Chad was granted relief even though it didn't meet all criteria. Critics of these plans argue that to qualify for debt relief, countries should not reduce any budget areas that protect vulnerable populations. The three other qualifying countries yet to receive relief are Sudan, Somalia and Eritrea.
Severe aftershocks continue to terrorize Nepal which was struck by a 7.8 magnitude earthquake on Saturday. The rising death toll climbed beyond 3,000 people. Nepal is one of the least developed countries in the world, ranking 145th out of 187 countries in the United Nations Human Development Index. According to the World Bank, Nepal owes $3.8 billion in debt to foreign lenders and spent $217 million repaying debt in 2013. Nepal owes approximately $1.5 billion each to the World Bank and the Asian Development Bank and $54 million to the International Monetary Fund (IMF). It owes $133 million to Japan and $101 million to China.
“Nepal is one of the least developed countries in the world and needs immediate financing to recover,” said Eric LeCompte, executive director of the religious development coalition, Jubilee USA Network. "Relieving Nepal's debts not only provides resources now, but can also help the country rebuild."
Nepal is one of 38 countries eligible for assistance from the IMF's new Catastrophe Containment and Relief Trust (CCR). The IMF created the CCR in February to provide debt relief to poor countries impacted by natural disasters or health crises. The new fund canceled nearly $100 million in debt for Ebola-impacted countries. In order to qualify for relief from the new fund after a natural disaster, a country must meet certain criteria. The disaster must destroy more than 25% of the country's "productive capacity," impact one third of its people or cause damage greater than the size of the country's economy. It is not yet known if Nepal will qualify. Of the $54 million Nepal owes the IMF, $10 million is due in 2015 and nearly $13 million is due in 2016.
As the Spring International Monetary Fund (IMF) and World Bank meetings open, the World Bank announced $650 million of new grants and concessional loans to the countries of Sierra Leone, Guinea and Liberia. About $220 million will be aid in the form of grants and the remainder will be in the form of highly concessional loans. Currently the three countries owe a combined $518 million to the World Bank. Liberia owes $105 million, Guinea $186 million and Sierra Leone $227 million.
“We urge the World Bank Group to consider bolstering their commitments with a new debt relief package for the impacted countries,” said Eric LeCompte, executive director of the religious development coalition, Jubilee USA Network. “We applaud the new aid for the affected countries and hope that the World Bank can come up with some rapid response plan to address this kind of crisis much faster in the future.”
The new financing is through the World Bank's International Development Association (IDA). The IDA determines its lending terms based on the borrowing country's risk of "debt distress." The new IDA financing will be distributed as approximately 50% grants to Sierra Leone and Guinea and 100% as loans to Liberia. The loans will be repaid over 25 to 38 years. In February, the IMF announced $100 million in debt relief for the three West African countries and called on governments to contribute $70 million more. The IMF also set up a new debt relief fund for poor countries struck by natural disasters or health crises.
Global Stability and Economic Outlook Reports Released
The International Monetary Fund (IMF) released its Global Financial Stability Report, noting "increased financial stability risks" in the global economy. The report notes that large-scale economic shocks are particularly concerning to global stability. It argues that such risks are greatest for countries with high debt levels and that emerging market countries must be prepared for external shocks. Particular concern is raised on the consequences of currency volatility, the shadow financial system and high corporate debt. The report is a follow-up to the IMF's semi-annual World Economic Outlook Report, which noted uneven global growth, particularly among developing economies.
"The IMF recognizes we need global structures to protect us when there's a major crisis," said Eric LeCompte, Executive Director of the religious development organization Jubilee USA Network. "Countries with high debt levels are the most vulnerable to those crises."
The Global Financial Stability Report focuses on the systemic issues that create global economic trends. It notes that debt levels are rising in emerging markets and that increased risks over the past six months are impacting those countries the most. It argues that policy measures are necessary to "contain financial excesses" in global markets and to improve growth.
"The IMF is concerned that inequality persists, especially in the developing world" said LeCompte. "The IMF notes that the key to stability is addressing debt and tax policies that underlie uneven growth."
Complaints of psychiatric abuse are nothing new. Pilgrim State Hospital in New York lost its accreditation over them in the 80’s. No doubt other psych hospitals have as well. It is my understanding that such complaints have usually centered on excessive forced drugging, often ordered by doctors at big hospitals like the one in DC that holds John Hinkley. In some cases the doctors never even saw the patient they ordered drugged. Psychiatric drugs are unpleasant and can be used as tools for chemical restraint, punishment or both. Other complaints have centered on excessive use of physical restraint, people being put in the straight jacket or full sheet for long periods of time, sometime for days, and often left in their own urine and feces for hours. When such abuse comes to light and a single doctor or staff person is responsible that person can lose their license to practice medicine in whatever capacity and in some instances may even face prosecution. If the abuses reflect a pattern of practice within the whole institution it may be closed.
Grenada agreed to a debt plan with its Caribbean island investors that will result in a 50% reduction in the value of existing Grenada investment bonds. The deal offers investors a portion of future revenues from a government program designed to attract foreign investment. Although the deal addresses about $262 million in debt, the International Monetary Fund (IMF) reports that Grenada's total debt tops $907 million. According to the Central Intelligence Agency, nearly 40% of Grenada's population lives below the poverty line. "Grenada's debt deal is a significant step in the right direction," said Reverend Sean Doggett, a spokesperson for the local Catholic Diocese and a founding member of Grenada's Jubilee Committee. Because of the correlation of debt levels to high poverty rates, Grenada's Jubilee Committee was organized by the Conference of Churches in Grenada to influence debt negotiations between investors, the IMF and the government of Grenada. "The Conference of Churches in Grenada continues to engage in this process and work with its partners in the region."
Other Caribbean islands are also dealing with unsustainable debts or attempting to renegotiate their debt levels. These islands include Antigua and Barbuda, St. Vincent and the Grenadines, St. Lucia, Dominica and Jamaica. Jubilee USA supported Grenada's Jubilee Committee and last year religious leaders across the small islands formed the Caribbean Debt Network (CDN) to join debt negotiations on all islands facing crisis.
The religious anti-poverty organization Jubilee USA Network is calling on international lenders to grant debt relief to Vanuatu. In mid-March, Cyclone Pam struck the string of small Pacific islands with winds up to 165 miles per hour. The category 5 storm destroyed or damaged nearly every building in the capital city and wiped out crops across the country. The United Nations warns that entire islands are facing imminent starvation and its President says the "monster" storm undid the nation's recent economic development. Vanuatu owes approximately $84 million to international lenders, including nearly $10 million to the World Bank.
"The World Bank and other international lenders can reduce Vanuatu's debt," said Eric LeCompte, Jubilee USA Network's Executive Director. "Vanuatu's people will need every single dollar they can get to rebuild."