Charter School Fraud Has Cost Pennsylvania at Least $30 Million
Daily Kos - October 2, 2014, by Laura Clawson - Pennsylvania's charter schools are rife with fraud and mismanagement,...
Daily Kos - October 2, 2014, by Laura Clawson - Pennsylvania's charter schools are rife with fraud and mismanagement, as anyone who reads local newspapers knows. But a new report from the Center for Popular Democracy, "Integrity in Education, and Action United" details just how big the problem is. Pennsylvania charter school enrollment and funding is growing rapidly and without adequate oversight, and according to the report, there's been at least $30 million in fraud by charter school officials since 1997. For instance:
In 2012, the former CEO and founder of the New Media Technology Charter School in Philadelphia was sentenced to prison for stealing $522,000 in taxpayer money to prop up a restaurant, a health food store, and a private school. Media coverage of parent complaints of fiscal wrongdoing initially uncovered the fraud. Nicholas Tombetta, founder of the Pennsylvania Cyber Charter School, has been indicted for diverting $8 million of school funds for houses, a Florida condominium, and an airplane. In 2005, a former business associate of Tombetta surfaced allegations of fraud, which led to the investigation. Dorothy June Brown, founder of Laboratory, Ad Prima, Planet Abacus, and Agora Cyber charter schools, will be retried this year for allegedly defrauding the schools of $6.5 million and conspiring to conceal the fraud from 2007 to 2011. Two administrators plead guilty and testified against Brown in her first trial. In 2009, the Pennsylvania Department of Education conducted an audit of Agora after receiving complaints from parents of Agora students.You'll notice that in each of those cases, it was complaints from parents or a tip from a business associate that led to investigations. Pennsylvania should be doing more to uncover wrongdoing before it's so blatant that parents are screaming about it. In Philadelphia, there are 86 charter schools and only two auditors. What's more, charter school auditors in Pennsylvania don't actively look for fraud; the report calls for expanded local audit authority, fraud risk assessments for all charter schools in the state, and targeted fraud audits. The report's authors also call for a moratorium on new charter schools until these oversight goals are met.
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From Seattle to St. Petersburg: Highlights of the Urban Resistance, Year 1
From Seattle to St. Petersburg: Highlights of the Urban Resistance, Year 1
Donald Trump’s first year in office will be remembered in this country as a nightmare of national debasement, a time...
Donald Trump’s first year in office will be remembered in this country as a nightmare of national debasement, a time during which the worst America has to offer was on open display: immigration roundups and white supremacist rallies, plutocratic tax policies and oil drilling in the Arctic, nuclear brinkmanship with North Korea, and a US-backed war against Yemen. The frightful headlines, the garbage hot takes, the nonstop onslaught of official lies are so consuming and absolute that they start to feel normal, which is the worst feeling of all.
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The Refugees in New York’s Hotel Rooms
The Refugees in New York’s Hotel Rooms
On Sept. 20, Hurricane Maria hit Puerto Rico, turning my life upside down. At the time, my two daughters and I were...
On Sept. 20, Hurricane Maria hit Puerto Rico, turning my life upside down. At the time, my two daughters and I were living in Carolina, a town on the northeastern side of the island. In just a day, my clothes were turned to rags, my home was destroyed, and I lost the few belongings I had.
My mother lived in the same town but her house was still standing. For two months, we slept on a couch in her living room. But we couldn’t stay there forever. In December, the Federal Emergency Management Agency moved us to New York City. Since then, we’ve been staying in hotels provided by FEMA in the Bronx and Brooklyn, like hundreds of other families who were moved to New York after the storm. Read more here.
Paid Sick Leave, More Overtime Proposed For Mpls. Workers
The proposal would allow workers to know their schedules ahead of time and earn overtime if they work more than eight ...
The proposal would allow workers to know their schedules ahead of time and earn overtime if they work more than eight hours a day. It would affect all Minneapolis businesses with more than one employee.
The Minneapolis restaurant scene is one of flavor, variety and growth. It’s just a slice of the local business scene but one councilmember said that scenery needs some change.
“We’re hearing about gaps in the workplace that are disproportionately affecting low-wage workers, women and people of color,” councilmember Elizabeth Gladden said.
So she and a list of other city workers have drafted a plan. It would mean workers get their schedule a month out, they get paid sick leave and any shift over eight hours would mean overtime.
Christina Cortez has worked at McDonald’s for nine years. She said knowing her schedule 28 days out would be huge.
“Then I wouldn’t have to worry, Am I going to schedule my appointment or my baby’s appointment on the day I’m actually supposed to be at work?” she said.
A partner at Hell’s Kitchen said his employees don’t seem to need a month’s notice.
“[We’ve talked] to our servers about, What do you want?” Pat Forciea said. “Everybody kind of agreed on two weeks.”
Joe Elliot, father to 4-year-old Jamir said the sick leave is what excites him. He said he didn’t get any when he broke his hand,
“I had to debate [whether] to stay home and relax, like the doctor said, or lose my job,” Elliot said.
But change comes at a cost.
“Maybe businesses feel it’s just too expensive to do business in Minneapolis, so I’m instead going to open up my restaurant in Edina or I’m going to open it up in Bloomington,” he said.
But he said if it all passes, he’ll see it through.
“We want to do what’s right for the people who work here and their families,” he said.
A March report from the Department of Health found that the lack of paid sick leave in Minnesota workplaces has contributed to contagious disease outbreaks and actually added to employers’ health care expenses.
WCCO also spoke with a labor attorney. He said the paid sick leave and overtime seem like reasonable changes, but scheduling 28 days out is a bit extreme. He said 14 days out would be more practical.
The council hopes to vote on an ordinance by the end of the year.
Source: CBS Minnesota
Martin Luther King Jr. had an economic dream - and it changed the Federal Reserve forever
Martin Luther King Jr. had an economic dream - and it changed the Federal Reserve forever
Most Americans have watched or heard Martin Luther King's famous "I Have a Dream" speech , delivered before the Lincoln...
Most Americans have watched or heard Martin Luther King's famous "I Have a Dream" speech , delivered before the Lincoln Memorial in Washington in 1963. Few know his rousing call for racial equality was the culmination of an event called the March for Jobs and Freedom.
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Group Blasts Fed for Lack of Diversity in Leadership
Source:...
Source: Wall Street Journal
Federal Reserve leadership is overly male, almost entirely white and drawn too frequently from the banking community, according to a group critical of the central bank.
A new report from the Center for Popular Democracy’s Fed Up campaign analyzes the types of people populating the Fed’s Washington-based board of governors, the regional bank presidencies and the regional bank boards of directors.
The report notes that all voting members of the central bank’s rate-setting Federal Open Market Committee and nearly all the regional bank presidents are white. Just two of the 12 presidents and two of the five governors are women.
“These key decision-making bodies remain dramatically unbalanced and unrepresentative of the vast majority of people who participate in the economy,” said the group, which has called for more public input into the selection of regional bank presidents and their performance evaluations.
The center said the composition of the Fed’s leadership bodies violates the spirit of the law that created the central bank, which calls for membership drawn from many different industries and interests.
A Fed spokesman responded to the criticism about the regional bank boards by saying the central bank has “focused considerable attention” to finding directors “with diverse backgrounds and experiences” that represent agriculture, commerce, industry, services, labor and consumers, as the law requires.
“We also are striving to increase ethnic and gender diversity,” the spokesman said, noting a rise in minority representation on the boards from 16% in 2010 to 24% today. Female representation has risen from 23% to 30% over the same period, and all told, 46% of regional directors now are either a woman or a member of a racial minority, the spokesman added.
Fed Chairwoman Janet Yellen is the central bank’s first female leader.
The Fed Up group, with a membership drawing heavily from labor unions and community organizations, is a regular critic of the central bank. It has argued in recent months that the Fed shouldn’t raise short-term interest rates and has pressed its case in private meetings with Fed officials. Several of its members appeared outside the central bank’s research conference in Jackson Hole, Wyo., last year to call attention to their views.
The group’s concern about a dearth of diversity at the Fed has been echoed by former Minneapolis Fed chief Narayana Kocherlakota. He argued in a blog post last month the central bank has appeared to give short shrift to racial concerns in part because there have been almost no African-Americans in its policy-making ranks. He wrote that the concerns of racial minorities have been “underemphasized” at the Fed.
The last African-American to serve on the Fed board was Roger W. Ferguson Jr., who served as a governor between 1997 and 2006 and as vice chairman from 1999 to 2006. The first African-American to serve as a Fed governor was Andrew Brimmer, from 1966 to 1974.
The report showed particular concern about the directors on the regional Fed bank boards, which are drawn from the private sector. It said 83% are white, compared with around two-thirds of the total U.S. population.
“The diversity of regional board members is meant to inform the bank presidents, who in turn, participate in discussions and vote at the FOMC,” the report said. “However, the boards, the presidents, and the FOMC fail to represent their region’s racial diversity.”
The report also said its analysis found that representatives of banking and what it calls commercial interests have increased their share of regional Fed board seats in recent years. Representatives of community groups and labor unions account for fewer than 5% of the available board seats, according to the center.
Among the regional Fed bank boards’ most high-profile roles is selecting their bank presidents. Recent regulatory changes now bar directors from participating in that process if their firms are regulated by the bank.
The directors also provide information to bank officials about local economic conditions and give advice on running the banks.
El premio de la diáspora boricua
El premio de la diáspora boricua
“En el noreste, grupos de poder inmigrante como Make the Road, afiliadas al Center for Popular Democracy, organizan a...
“En el noreste, grupos de poder inmigrante como Make the Road, afiliadas al Center for Popular Democracy, organizan a estas comunidades en Nueva York, Connecticut, Pensilvania y Nueva Jersey para crear un poder amplio en las minorías de esa parte de los EE.UU. Por otro lado, se han formado coaliciones nacionales como Power4Puerto Rico, que agrupan a muchos de estos grupos, incluyendo al Hispanic Federation, para cabildear por políticas públicas que tendrán un impacto directo en los puertorriqueños viviendo en la diáspora.
Lea el artículo completo aquí.
Scarlett Johansson organises all-star performance of Our Town to benefit Puerto Rico disaster victims
Scarlett Johansson organises all-star performance of Our Town to benefit Puerto Rico disaster victims
Scarlett Johansson used her real superpower – an all-star contact book – to assemble an incredible cast for a...
Scarlett Johansson used her real superpower – an all-star contact book – to assemble an incredible cast for a performance of Thornton Wilder’s classic play Our Town at Atlanta's Fox Theatre.
She was joined by Avengers workmates Robert Downey Jr., Chris Evans, Jeremy Renner and Mark Ruffalo for a rehearsed reading of the 1938 play. All proceeds from the performance went to The Hurricane Maria Community Relief & Recovery Fund.
Read the full article here.
If Amazon Wants New York, Make It Unionize
If Amazon Wants New York, Make It Unionize
The Center for Popular Democracy awarded Walgreens its “worst employer” prize because of its treatment of the retail...
The Center for Popular Democracy awarded Walgreens its “worst employer” prize because of its treatment of the retail chain’s employees.
Read the full article here.
New Report: Big Banks Require Tellers to Use Predatory Practices
Bill Moyers & Company - April 9, 2015, by Katie Rose Quandt - Front-line workers at our nation’s big banks —...
Bill Moyers & Company - April 9, 2015, by Katie Rose Quandt - Front-line workers at our nation’s big banks — tellers, loan interviewers and customer service representatives — are required by their employers to exploit customers, according to a revealing report out today from the Center for Popular Democracy (CPD). Big banks have internal systems of penalties and rewards that entice employees to push subprime loans and credit cards on customers who would be better off without them.
CPD’s report outlines several illegal predatory practices big banks have been caught employing, usually via their front-line workers:
Blatantly discriminatory lending: In 2011 and 2012, Bank of America and Wells Fargo paid out settlements for charging higher rates and fees to tens of thousands of African American and Hispanic borrowers than to similarly qualified white customers. Minority customers were also more likely to be steered into (more expensive, riskier) subprime mortgages.
Manipulating payment processing to maximize overdraft charges: When a savings account balance drops too low, the bank charges a hefty overdraft fee on each subsequent purchase. Both Bank of America and US Bank paid settlements for intentionally processing customers’ largest debit card payments first, regardless of chronological order, in order to hit $0 faster and maximize overdraft fees. US Bank was also accused of allowing debit card purchases on zero-balance accounts to go through (and incur overdraft fees), instead of denying the charges upfront.
Forcing sale of unneeded products: Wells Fargo, JP Morgan Chase and Citigroup were accused of forcing customers to purchase overpriced property insurance.
Manipulative sales quotas: Lawsuits show Wells Fargo and Bank of America created incentive programs for employees with the interests of the company — not the customer — in mind. Wells Fargo’s sales quotas encouraged bank workers to steer prime-eligible customers to subprime loans, while falsifying other clients’ income information without their knowledge. Bank of America’s “Hustle” program rewarded quantity over quality, encouraging workers to skip processes and checks intended to protect the borrower.
Instead of cutting back on the risky, unethical practices that led to the Great Recession, the CPD report asserts that big banks have not learned from their mistakes. Bank workers report higher levels of sales pressure in 2013 than in 2008, and most do not have the job security or seniority to simply refuse to hawk credit cards or steer customers into risky financial situations. While the financial sector is turning near-record profits, the average bank teller made just $12.25 an hour in 2013 (a real-dollar decrease from 2007), causing 31 percent of tellers’ families to rely on public assistance. What’s more, 85 percent of these underpaid front-line bank employees are women, and one-third are people of color. Most are in no position to risk losing their job or having their pay docked for stepping out of line.
Several anonymous big bank employees went into detail about how their employers incentivize sales:
An HSBC employee reported that when workers fell short of sales goals, the difference was taken out of their paychecks.
A teller at a major bank said she is expected to sell three new checking, savings, or debit card accounts every day. If she falls short, she gets written up.
Customer service representatives at one major bank’s call-center said everyone is expected to make at least 40 percent of the sales of the top seller. Credit card sales count for extra, encouraging callers to push credit cards on customers who would be better served with checking or savings accounts.
A call-center worker said she offers a credit card to every customer, regardless of whether it would be beneficial. She explained: “If you aren’t offering, you can get marked down — the managers and Quality Analysts listen to your call, and can tell if you aren’t offering.”
“We’re not servicing their needs,” said one front-line worker. “What they want, what they need, isn’t important to us. Selling them a product is … Some of our customers just have their savings, many are just retirees.”
As the report concludes, “Our nation’s big banks are committed to a model that jeopardizes our communities and prevents bank employees from having a voice in their workplace.”
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6 days ago
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