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Capitalism Triumphs Over Democracy as Bailout Passes the House

The House voted this afternoon to pass a modified version of the Bush-Paulson bailout plan by a 263-171 margin. 172 Democrats and 91 Republicans supported the measure.

Before the vote, CNN reported, "At least 20 House members said Friday they had switched positions and would now support the proposed $700 billion bailout of the nation's financial system.

"Among the 20 converts is Rep. Jesse Jackson Jr., D-Illinois, his chief of staff, Kenneth Edmonds, said.

"Edmonds said Jackson is changing his vote because "he received assurances from (Sen. Barack Obama) that, if elected, his administration will aggressively use authority in the bill to prevent foreclosures and stabilize the housing market."

NY Working Class to be Hit Hard by Financial Crisis


“When Wall Street catches a cold, the Black community catches pneumonia,” assessed Councilmember Charles Barron. “We are in trouble.”

Before Lehman Brothers was thrown a financial lifeline late on Tuesday, and we, the people, bought an 80 percent share in A.I.G. to save the failing company, Monday saw distressed cardboard box–carrying shirt-sleeved guys and office-smart ladies streaming out of offices on Wall Street. “This fiscal approach to bailing out the rich is a reverse Robin Hood—robbing the poor to give the rich,” charged an angry Barron. “Under Bill Clinton, the conservative Democrat, and Reagan and Bush, the banking and finance industry was deregulated and they were allowed to run amok with the people’s money and make bad decisions and investments. And now, they are coming back to hurt the economy and poor people.”

Forget the Banks: Bail Out the Poor

Ask anyone why the government doesn’t build housing for every person in this country who needs it, and you’ll get the answer you always receive. Ask why the government doesn’t turn around tomorrow and set up a universal healthcare plan and there’s that answer again. Ditto for making education and public transportation free. It’s always the same stock response: Our government doesn’t have the dough.

Yet this same government can spend trillions on two wars that were unprovoked, not to mention completely immoral. Government also has the loot to bail out banks in our current mortgage crisis. It’s already bailed out Fannie Mae and Freddie Mac. Millions of Americans are losing their homes because of predatory lending practices, and they don’t get any help. It’s not called welfare for the rich for nothing.

American-Indians walk across U.S. for cause 8,300-mile trek to draw attention to environmental effects on tribes

RICHMOND, Va. - With hopscotch speed, Shanawa Littlebow leapt to the side of the road, scooped up a plastic bottle cap and fell back into line with his fellow walkers, passing trailer homes and gas stations along Jefferson-Davis Highway.

Sweat beaded at his temples and dampened the seat of his cargo shorts.

The Tigua Indian man walked and searched for litter — a feathered staff in the crook of his right arm — in honor of Mother Earth.

"There may be a lot of people who don't even care," he said. "But at least we're out here, and we're speaking out."

Legal and illegal, Latinos labor to rebuild Texas: Homeowners look to them for cleanup; illegal workers fear being cheated



PASADENA, Texas - All along the Texas coast, Latino immigrants are hauling away fallen trees, slashing through storm-tangled brush, patching punctured roofs.

On working-class corners, on ladders in front of Victorian houses, in the yards of ornate mansions, crews of men in dusty jeaImage: Homeowner negotiates with Latino laborersns, sturdy workboots and baseball caps are nearly as omnipresent in the post-Hurricane Ike landscape as blue tarps on rooftops.

These workers, who get picked up off the street by homeowners looking for quick, cheap labor, are helping to rebuild the devastated cities of southeast Texas.
Many of them are here illegally. Others are legal residents in need of income after their regular jobs were disrupted by the hurricane.

Ike brought a wide swath of destruction, and with it the prospect of more work, higher wages and a respite from the ever-present threat of deportation. In recent months, many day laborers say, jobs in the Houston area had started to dry up, and police and immigration officials had been cracking down.

Global Starvation Ignored by American Policy Elites

A new report from The World Bank admits that in 2005 3.14 billion people live on less that $2.50 a day and about 44 percent of these people survive on less than $1.25. Complete and total wretchedness can be the only description for the circumstances faced by so many, especially those in urban areas. Simple items like phone calls, nutritious food, vacations, television, dental care, and inoculations are beyond the possible for billions of people.

Starvation.net logs the increasing impact of world hunger and starvation. Over 30,000 people a day (85 percent of children under 5) die of malnutrition, curable diseases and starvation. Over the past 40 years, the number of unnecessary deaths has exceeded 300 million.

Food programs across county are seeing increased demands

Crystal Whitehead sat down with her family to a free hot lunch at Antioch's Light Ministries church for the first time last week. It was also the first time the 26-year-old mother of three had ever sought this kind of assistance.

"Normally, I feel there's other people out there that need (these programs) more than I do," she said.

While her husband stealthily forked a bite of salad off her plate, Whitehead said that with the price of basic necessities jumping and her husband, a hardwood floor installer, out of work, her family needs the help right now.

Homeless pitching tent cities across U.S.

A few tents cropped up by the railroad tracks, pitched by people left with nowhere to go once the emergency winter shelter closed for the summer. Then others appeared - folks who had lost their jobs to the ailing economy, or newcomers who had moved to Reno for work and discovered no one was hiring.

Within weeks, more than 150 people were living in tents big and small, barely a foot apart in a patch of dirt slated to be a parking lot for a campus of shelters Reno is building for its homeless population. Like many other cities, Reno has found itself with a tent city - an encampment of people who had nowhere else to go.

From Seattle to Athens, Ga., homeless advocacy groups and city agencies are reporting the most visible rise in homeless encampments in a generation.

New Health and Environment Grant Opportunities Kresge Foundation

Kresge Foundation Announces New Grantmaking Programs in Health and Environment

Deadline: Open

The Kresge Foundation has announced two new comprehensive grant- making
programs: the Health Program and the Environment Program.

Historically, the foundation has worked in six fields of interest:
health, the environment, arts and culture, education, human services, and community development. With the announcement of these two new programs in health and the environment, the foundation is expanding its commitment and narrowing its focus in each field for maximum long-term impact in its strategic areas of interest.
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Green Jobs Now Day of Action: September 27

On September 27, the Ella Baker Center, Green for All, 1Sky and the We Campaign will join with tens of thousands of Americans for Green Jobs Now, a national day of action for green jobs.
 
The Ella Baker Center's Green-Collar Jobs Campaign is organizing a special event with our allies in Oakland (details to come), with scores of other events happening throughout the country.

Take part in a Green Jobs Now event near you!

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