Minneapolis, MN – More than 75 workers, students and community supporters rallied at Morrill Hall, the central administration building here, Jan. 21, to oppose attempts by President Bruininks and senior administrators to balance the budget on the backs of staff and students.
Chicago, IL – Over 200 workers, faculty and students at the University of Illinois-Chicago (UIC) marched here, Jan. 21, to demand full funding for higher education and an end to threatened furloughs and layoffs. The rally was held outside the meeting of the University of Illinois Board of Trustees. It was called by a coalition of unions, including SEIU and the Graduate Employees Organization (GEO), as well UIC Concerned Faculty, an ad hoc group, and student activists.
San José, CA – On Friday, Jan. 15, the Department of Labor released reports on inflation and real earnings (wages adjusted for inflation) for 2009. The rate of increases in prices for workers who live in cities was moderate, at 3.4%. This figure was higher than the official inflation rate of 2.7%. However wages failed to keep up with the rise in prices, so weekly real earnings, or the purchasing power of workers' weekly wages, fell by 1.6% in 2009. This fall in wages was mainly because the average increase in hourly wages was less than the rise in prices. This reflected the lack of raises and spreading wage cuts last year. Cuts in workers' hours, which also reduced weekly pay, also played a role.
In September of 2008 the New York Federal Reserve gave the U.S. insurer American International Group (AIG) an $85 billion loan as part of the bailout of Wall Street. The NY Fed told AIG to pay big banks in full the $62 billion AIG owed for credit default swaps. In addition, the NY Fed told AIG not to tell the public how much they owed or who they were paying off. The government bailout of AIG has been increased three times since then and now totals more than $180 billion.
San José, CA – On Friday, Jan. 8, the Labor Department reported that 85,000 more jobs were lost in December of 2009. This was much worse than mainstream economists predicted and shows that another ‘job-loss’ recovery may be underway. Following the last official recession in 2001, the economy began to grow in November of 2001 but workers continued to lose jobs until the summer of 2003.
En todo el país, mas trabajadores estamos perdiendo nuestros trabajos y nuestras casas. Cada semana, la cantidad de personas que llegan al fin de sus beneficios del desempleo crece. En cada estado, están cortando los presupuestos de las escuelas publicas y los programas que sirven a los pobres y a los trabajadores. La salud esta en crisis y el congreso esta debatiendo un rescate para las corporaciones de seguro medico. Las nacionalidades oprimidas – la gente afro-americana, los chicano y latinos, los asiáticos y los nativo-americanos son los mas fuertemente golpeados por la crisis económica.
Across the country, more working people are losing our jobs and our homes. Each week, the ranks of those running out of our unemployment benefits grow. In every state, public schools and programs that serve poor and working people are being cut. Health care is in crisis and congress is debating another bailout for the insurance companies. Oppressed nationality – Black, Chicano, Latino, Asians and Native Americans – are hit the hardest by the economic crisis.
Minneapolis, MN – Leslie Parks and her backers went to housing court Dec. 9 and filed papers against IndyMac/One West for doing an unlawful lockout. Leslie Parks had arrived home the night before only to find that all the locks had been changed on her home.
Minneapolis, MN – On the night of Dec. 8, in a freezing blizzard, Leslie Parks returned from her job to find that IndyMac/One West had changed the locks to her home.
San Bruno, CA – On Nov. 18, the California Legislative Analyst’s Office (LAO) announced that the state was facing budget deficits of $20 billion each year for five more years. Over the past fifteen months, California responded to a total budget deficit of $77 billion with a combination of cuts in spending, increases in taxes on working people, federal economic stimulus monies and accounting tricks.
St. Paul, MN – Members of the Welfare Rights Committee and the Minnesota Coalition for a People’s Bailout gathered in the state capitol building, Dec. 2, outside the room where Minnesota Management and Budget department heads presented the ‘November Forecast,’ projecting a $1.2 billion deficit.
Minneapolis, MN – Friends, neighbors and supporters of Leslie Parks, a longtime resident of south Minneapolis who is facing foreclosure, gathered in front of her home Nov. 19, to demand that her mortgage holder – IndyMac – come to the table and reach an agreement that allows Parks to remain in her home.
Chapel Hill, NC – Twenty students picketed the Board of Trustees meeting, Nov. 18, as the trustees voted to increase out-of-state tuition by $1162 for the coming year at the University of North Carolina-Chapel Hill. The protest was called by Students Against Budget Cuts and Tuition Hikes.
Los Angeles, CA – As of Nov. 18, dozens of tents are cropping up on UCLA’s quad as over 100 students begin a tent city, part of an all-night protest against the budget cuts, layoffs and tuition hikes in the University of California (UC) system. The students are waiting for buses filled with trade unionists and students from across the UC system to arrive in the early morning hours, in time for massive protests on Nov. 19 and 20.
Minneapolis, MN – Over 50 people gathered at the home of Leslie Parks, Nov. 13, to declare solidarity for Leslie Parks and her mother as they fight foreclosure and eviction.
San José, CA – On Friday, Nov. 6, the Labor Department reported that the official unemployment rate for October rose to 10.2%, from 9.8% in September. This is the first time since 1983 that the unemployment rate has topped 10%. A survey of businesses showed that 190,000 more jobs were lost in October, bringing the total number of jobs lost since the recession began in December 2007 to 7.3 million. These figures were worse than what mainstream economists expected and confirmed the fact that there is no recovery for working people.
Chicago, IL – The American Bankers Association met here the week of Oct. 26, in luxury hotels, spending millions for their comfort. Outside, 2500 working people marched and chanted, “You got bailed out, we got sold out!”
Minneapolis, MN – More than 50 people gathered here, for an Oct. 28 mass community meeting to demand a moratorium on foreclosures and for protections for renters in foreclosed properties. Organized by the Minnesota Coalition for a People's Bailout, the meeting brought together people facing foreclosures, trade unionists, welfare rights activists and concerned members of the community.
Activists from the welfare rights, labor, immigrant rights and anti-war movements filled May Day books store here, for a forum called 'Capitalism in crisis; fighting back in hard times,' Oct. 25. Speakers included Steff Yorek of Freedom Road Socialist Organization and Linden Gawboy of the Welfare Rights Committee and the Minnesota Coalition for a People's Bailout, along with labor and student activists.