The effects of the sub-prime lending disaster are
being felt as the stock market has been rocked in
recent weeks and many families find themselves locked out of the
mortgage market. As we
in the past, the subprime mortgage market was largely aimed at
economically-strapped families trying to find some way to afford
homes. For low-income renters who never had the money to
even be in the game, rising rents have increasingly priced them
out of their homes.
A new ballot measure in California
change the way that California's 55 presidential electoral votes would be
allocated; not to make sure that every vote counted, but to make sure that any
right-wing candidate for President could lop off a significant number of that
state's electoral votes.
The California legislature is again on the verge of
universal single-payer health
840, the California Universal Healthcare Act, sponsored
by State Senator Sheila
Kuehl, was recently approved by the State Senate and is now
before the Assembly, where it too is expected to pass.
legislation, which is often compared to a Medicare-for-all system, would
provide comprehensive and seamless health care for all
residents. Everyone - individuals, employers and government - would
share responsibility for funding the program. Importantly, consumers
would have complete freedom to choose their providers who would be paid
according to actuarially-sound reimbursement.
Despite real progress over the last generation in overcoming discrimination in our society, the reality is that Americans are still regularly refused employment, housing or equal treatment under the law because of their nationality or the color of their skin. The numbers highlighting this racial discrimination are stark:
On Earth Day, New York City Mayor Michael Bloomberg
his plan to create the "first environmentally sustainable 21st-century city,"
and integrate an estimated population growth of 1 million people by 2030.
comprised of 127 proposals for environmental improvements in six areas: land,
water, air quality, transportation, energy, and climate change. The proposals
range from reducing greenhouse gas emissions by 30% to improving transit
connections to planting 1 million new trees.
While the Bush Administration has reduced taxes on the wealthiest Americans
and undermined social welfare programs over the past 6 years, 5 million
more Americans have fallen into poverty, bringing the total to 37
million. That means at least one in eight Americans are now living in
the problems of predatory lending industry a few weeks ago and now, problems
are coming to light with the student loan industry. In one of the more
egregious examples, Student Loan Express, a student loan company that is a
unit of CIT Group, Inc, is alleged to
more than $21,000 for Johns Hopkins University's director of student
financial services to attend graduate school. Coincidentally (or not),
Student Loan Express happens to be on the preferred lender list at Johns
We spend more than twice on health care than any other industrialized nation in the world, yet we don't have universal access and our outcomes are worse. The reason we don't have universal access to quality health care is that too much of our health care spending -- our premiums, co-pays, prescriptions -- is wasted on profits, CEO bonuses and inefficient health care.
What if we told you that you could save money, energy, and carbon dioxide
emissions just by replacing your light bulbs? Many states are pushing
new policies to encourage or even require the replacement of traditional
wasteful incandescent bulbs with compact fluorescent light bulbs (CFLs) as a
key step to achieving energy independence.