BOSTON/Financial District - Over 150 janitors, security guards, and staff from Service Employees International Union Local 615 - and supporters - marched from the State House to the Financial District in often-driving rain on Tuesday to call on the real estate industry to preserve full-time jobs and not "worsen the recession."
BOSTON/Copley Square - On Tuesday, a 20 person delegation representing unionized security guards from the Service Employees International Union Local 615 - including guards, union staff, and supporters from the Interfaith Committee for Worker Justice and Jobs with Justice - entered the lobby of the 200 Berkeley St. headquarters of Manulife Financial (formerly John Hancock) and attempted to meet with company management to enlist their support in ongoing contract negotiations with Manulife's security contractor, Securitas.
The current crisis did not start with finance, and it won't end with finance.
Dear Dr. Dollar:
Isn’t the “bailout” of Wall Street like having a rotten tooth extracted? The extraction is very unpleasant, but it beats the alternative. Even if the dentist charges an unreasonably high fee, I am still going to pay and have the job done. Later I will worry about taking better care of my teeth. So shouldn’t people quit complaining about the bailout, suck it up, and get the job done?
—Peter Wagner, Weston, Mass.
BOSTON/Kenmore Square - Several environmental activists from Rising Tide Boston handed out samples of "green coal" - actual pieces of coal painted green - to lunchtime passers-by outside the Bank of America branch at Boston University today to protest the bank's investment in coal power. The activists said the painted rocks symbolized the Bank of America PR strategy of "greenwashing" its coal investments in the media, while continuing its support for the coal industry.
BOSTON/Roxbury - Over 150 people participated in a "Community Unity Rally" to support the "No on Question 1" campaign this evening at Roxbury Community College. Speakers from several sponsoring organizations vowed to defeat the statewide referendum question - which would eliminate the Massachusetts state income tax by 2010 - saying it will cut over 40% or $13 billion from the state budget, including $158 million from Boston Public Schools. Rally sponsors included ACORN, Boston Tenant Coalition, Dudley Street Neighborhood Initiative, Hyde Square Task Force, Jobs with Justice, Mass.
There was absolutely nothing flawed in former Federal Reserve Chairman Alan Greenspan’s ideology or his understanding of what drives the market. Each corporation operates in accordance with its self-interest in the competition to increase profits no matter what it takes, no matter who gets hurt. The “invisible hand” can be counted on. As political economist Adam Smith assured the world in his seminal work of 1776, Wealth of Nations, each corporation endeavors to employ its capital so as to produce the greatest value. It has no intention of promoting the public interest.
Walking in Davis Square two days before the election, I saw a rather dour-looking young man seated on a high pedestal holding a handwritten sign that read “No on Socialism.” Heading on by him, I looked at the back of his sign. It said, “Is Obama an American?”
Socialism has clearly returned to the agenda of popular debate, from campaign rhetoric to comedy shows. It comes disguised – not for the first time – as an ogre. Once we take note of who is presenting it that way, however, we may get the message that socialism could have something going for it.
For the next few weeks, Open Media Boston will showcase local progressive views on the financial crisis - what caused it, what's happening with it, and how we can get out of it - in a special section called "Boston Responds to the Financial Crisis." If you'd like to submit a text, audio or video piece for the section, please email us at firstname.lastname@example.org, and let us know what you're thinking about doing, or just sho
BOSTON/Downtown Crossing - Over 50 people - including members of the Mass. Alliance of HUD Tenants and allies - attempted to deliver a "Save Our Homes Platform" to McCain Campaign Headquarters on Tremont St. last Saturday after a short march from a rally at nearby Park St. Station. The Platform calls for full federal funding for Section 8 and Public Housing, an end to predatory investments in affordable housing, and 10 other demands.