The Art of the Steal: GE's Massive $270-Million-Dollar Massachusetts Megadeal

According to a recent quarterly earnings report, GE is doing fantastically well, bringing in $23.5 billion in orders and income during the first three months of 2016. It has done so well, in fact, it bought back $6 billion worth of stock, while also giving $2 billion worth of dividends to shareholders.

In the face of this incredibly profitable three months, it seems almost laughable that the Commonwealth of Massachusetts and the City of Boston­­—spearheaded by Governor Baker and Mayor Walsh—have committed to shelling out over $270 million in public funds for the luxury of moving some several hundred white-collar workers to Boston’s Seaport Innovation District. 

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Sharing in the Solution: Responsible Wealth for Fair Taxes

In 2009, New York State was facing a $15-20 billion budget deficit, and nobody was talking about taxing the wealthy. Responsible Wealth (a project of United for a Fair Economy) wrote an open letter, signed by 100 upper-income New Yorkers, and suddenly the conversation changed. It was renewed in 2011, but now the temporary tax rates are set to expire again, and it's time for a permanent, more progressive tax on upper income New Yorkers. 

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Berta Cáceres, Presente!

We send our condolences to the family and friends from Berta Cáceres and the Honduran people who has fought by her side. Unfortunately in much of the US media coverage, there has been a glaring omission about Berta’s death.

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Letter: Supreme Court Nominee Should Reflect and Respect Nation’s Diversity

A national group of experts focused on building an inclusive society laid out a set of characteristics they are seeking in the next nominee for Supreme Court Justice. The Experts of Color Network calls for a constitutional visionary with a deep appreciation for the nation’s diversity and an understanding of how historical laws, policies and practices have shaped opportunity and adversity today.

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Upcoming Event: Breakfast with Kent Wong

1.jpgIn 2014, there were some 11.3 million undocumented immigrants living in the United States. If you are, or have met someone from a mixed-status family, you likely know the constant stress and strain it can put on people. The recently published book, Dreams Deported: Immigrant Youth and Families Resist Deportation, lifts the stories of the undocumented immigrants who are facing the injustice of deportation. 

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What Nobody Is Talking About in Flint

Governor Rick Snyder was inaugurated on January 1, 2010. Coming from big business and venture capital, he only took six weeks in office to propose a radical redistribution of the state’s shrinking tax base.

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Breaking the Poisonous Silence Surrounding Flint

Lead, racism and poverty poisoned the Flint water supply. Add in a tablespoon of media silence and a gallon of government denial, and you’ve got a two year crisis that Michigan Governor Snyder has called, “…his Katrina” – alluding to the Bush administration’s disaster of hurricane management.

Credit: Megan Kreger

An emergency manager appointed by Governor Snyder triggered the crisis in 2014. Attempting to fund corporate hand-outs through cuts to Flint, Snyder’s emergency manager switched Flint from Detroit’s water supply to the polluted Flint River.

After the switch, the story, and the water, got darker. Since January 2015, state workers in Flint have been receiving bottled water instead of being obligated to drink contaminated water. Despite government knowledge, hundreds of citizen complaints were ignored, email pleas from health officials passed over, and an outbreak of rashes overlooked.

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State of the Dream 2016: #BlackLivesMatter and the Economy

New movements call for new solutions. And this year, we’re taking a new approach to our annual State of the Dream report. 

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What's Your Resolution for Justice?

Make a resolution of justice for 2016. Whether it’s fighting for $15 with low-wage workers, standing against police violence with #BlackLivesMatter, or pushing for a public postal bank, we’ll work with you for a better future. New beginnings are new opportunities for change. 

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A Holiday Message From UFE

Jeannette Huezo, our Executive Director, shares a holiday message of thanks.

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Joining the Frontline Chorus

Photo Courtesy of Push Green

Fossil fuel corporations want you to be obsessed with the Paris climate talks. They want you to see quotes from the Paris agreement text, and glaze over. They want you to forget the words of Margaret Mead, that “…a small group of thoughtful, committed citizens can change the world.” And those citizens don’t need suits and a board room in Paris.

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Dear Mark Zuckerberg

Our friends at Resource Generation hit the nail on the head in this letter to Mark Zuckerberg and the Facebook founder's recent $45 billion "gift."  Written by Jesse Spencer, this article can be read in full on the Huffington Post.

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Billionaire Bonanza

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This is one of the many eye-popping findings of a new report, Billionaire Bonanza: The Forbes 400 and the Rest of Us, released by the Institute for Policy Studies.

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An Open Letter Regarding Minnesota

Dear Supporters, Last night five black protestors were shot by alleged white supremacists in Minneapolis, Minnesota.  They were participating in a peaceful protest outside of the 4th precinct police headquarters in Minneapolis, Minnesota.  

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Superglue, Pipelines, and a Clean Economy

I superglued my hands to a friend to stop the Keystone Pipeline. Our action along with the work of indigenous people in Canada, farmers in Nebraska and other resistors along the route and across the country forced Obama to stop the project. 

Credit: Elvert Barnes

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UFE on Labor Lines Radio

Postal banking gained more widespread attention when Sen. Bernie Sanders endorsed it, but activists for economic equality and those fighting privatization of the postal service have long advocated its merits. Mike Leyba, director of communications for United for a Fair Economy and principal author of State of the Dream 2015: Underbanked and Overcharged discusses why some Americans don’t have access to major banks and how this will help them. 

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Big Banks' Worst Nightmare

From personal experience, I know that when you're outside of the banking system, things get expensive. I would cash a paycheck (for a fee), buy a money order at a supermarket to pay rent (for a fee), put money on a reloadable debit card (for a fee). When you're making every dollar stretch, fees make a big difference. 

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7 Reasons Postal Banking Just Makes Sense

Nearly 28 percent of U.S. households (or 100 million people) are either unbanked or underbanked. This lack of access to affordable financial services drives the working poor to rely on costly, and often predatory, alternatives. But what if a trusted, accessible, and secure government agency (that receives no tax dollars for operating expenses) with the world’s largest retail network existed that could help fill this void? It does exist. It’s the U.S. Postal Service.

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Massachusetts

184 High Street
Suite 401
Boston, MA 02110
(617) 423-2148

North Carolina

711 Mason Road
Durham, NC 27712 (919) 590-9449

We gather as guests on Indigenous land

Alabama

PO Box 352
Cullman, AL 35055
(205) 212-0327

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