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Did I mention how long I've been unemployed, and how long it's been since I've even had any interest at all shown by an employer in one of the thousands of applications I've sent out? Oh yes, I do get calls from recruiters from time to time, but mainly to ask where I worked in the last few months or for my Social Security number - no, these are not real recruiters, you know. (Yeah, there was that Bank of America scare two weeks ago, but they're dead meat according to the latest news so that hardly counts now, does it.) This nice, young, fresh-faced guy has a few more facts with which to flesh out what I've been saying for the last decade. And he's (we're) not try to kid you.'Job Creators' Who Won't Hire The UnemployedNomi Prins always calls the tune. And she knows all the chords.August 11, 2011
As President Obama hits the road on his jobs agenda bus tour, millions of individuals trying to re-enter the job market, seeking to eke out a modest living so that they too can live the American Dream – or what’s left of it anyway – are stuck in a rut. They write hundreds of cover letters, perfect their interview techniques and network like crazy, but sometimes the barriers are too high.
What some may not know is that a number of employers, including household-name companies, have taken the position that the unemployed should forget about obtaining a job altogether.
Log on to any jobs site, do a quick search and the results may surprise you: slews of job ads are essentially warning the out-of-work that they worthless and disposable.
Welcome to 21st Century, post-Recession hiring discrimination: where you must be an “employed or recently employed” person to get a job.
Yes, for those individuals who make up the 9.1 percent unemployed in the United States, many laid off through no fault of their own, misfortune is a disqualifier. Numerous employers, staffing agencies and online job posting firms have adopted policies that explicitly deny employment to the unemployed.
And they don’t even try to cover up their intent. The language in the qualification requirement sections of the ads leave nothing to the imagination: “currently employed,” “must be currently employed,” “currently employed on a permanent basis,” “must be currently or recently employed” etc. If you are none of the above, as 14 million Americans are, you’re out of luck.
How widespread is this practice? When the National Employment Law Project did an independent, one-month survey earlier this year of popular job sites such as CareerBuilder.com, Indeed.com, Monster.com, and Craigslist.com, their snapshot came up with more than 150 ads containing employment-based exclusions, including 125 ads that were identified by company name. In my own research (done over the course of an hour this past week) I was able to find close to 20 more ads on these same sites. In other words, this is not a case of anomalous malice.
Who are the culprits? Aside from companies and hiring agencies you may have never heard of, included in the list of prejudicial employers are Allstate Insurance, Enterprise Rent-A-Car, the Homebuilding Recruiters of America, the University of Arizona, the University of Phoenix, and the Oil and Gas Field Recruiters of America. Sony Ericsson only ended the practice after they were caught by CNN-Money last year during its reporting on this trend.
These practices not only smell of foul prejudice, but also lay bare the big political and economic reality of the day: The longer you’ve been laid off, the less likely you are to get a job. According to the Bureau of Labor Statistics, nearly 6.2 million unemployed persons were out of work for six months or longer in July, and the average length of unemployment rose to more than 40 weeks, or more than nine months. That leaves these millions of people outside the definition of “recently employed.” Moreover, we are now entering the third consecutive year in which there are at least four unemployed persons for each available job opening.
The tools being employed by these companies are creating a permanent underclass of unemployed individuals. Talk about kicking someone when they’re down.
Accepting these practices sends a simple message to the unemployed: You are invisible and less worthy of the American Dream than anyone else who has a job. With something so blatant, so foul and so well-documented, acceptance is tantamount to complicity.
Some members of Congress are trying to crush this practice once and for all. Rep. Rosa DeLauro, D-Conn., and her colleague Henry Johnson, Jr., D-Ga., introduced the Fair Employment Opportunity Act of 2011, which makes it illegal to refuse to consider job applicants solely because they are unemployed. So far, though,the bill has moved nowhere, ignored by the Republican leadership in the House.
It is time to put pressure on the House to take up this bill for a vote. Members of Congress should be called to account on this issue so that the voices of the unemployed are not drowned out in the austerity, anti-worker wave generated by congressional conservatives. Call your representatives and tell them to speak out publicly and support this bill. If we truly want an America, indivisible, where liberty and justice are guaranteed for all, we have some fighting to do.
Defiance, Denial and Downgrades Won’t Help Our Economy Nomi Prins Yes, the US has a debt problem. But, more than that, it has a priorities and accountability problem. Yet, rather than giving Washington a pause for reflection, the S&P downgrade of US debt from ‘AAA’ to ‘AA+” merely gave Capitol politicians renewed opportunity for elaborately orchestrated hissy fits that won't lead to introspection or policy change.And did you know you lived in Bizarro World? YES! USA USA USA!!!!First, let’s again acknowledge the irony that this rating agency rubberstamped $14 trillion of toxic assets in the five years leading up to the crisis of 2008, thereby enabling the Wall Street manufacturing and global dispersion machine to thrive. Then, let’s sign that Washington still doesn't get it.
We racked up debt predominantly, but not exclusively (less revenue due to fewer jobs and an antiquated system where not everyone pays a comparative share contributed, as did the cost of three wars) because of the choice to subsidize Wall Street.
Nearly 80% of the new debt created by the Treasury since the financial crisis was either sold through the banks, is sitting on the Fed's books doing nothing productive, or was used to bolster various elements of the banking system through cheap loans, guarantees for faulty assets, and other methods.
Chances are near one hundred percent, that this next round of debt will exhibit the same pattern. The Treasury will issue bonds and a big portion will wind up on the Fed’s books, doing zero for the greater population. More bi-partisan squabbling over why the economy isn’t growing quickly enough will eschew.
A few months ago, Treasury Secretary, Tim Geithner made the talk show rounds to declare empathically that there was ‘no chance’ of a downgrade of US debt. After the downgrade, with the stock market plummeting, President Obama took to the airwaves to explain that the US was ‘AAA’ no matter what ‘some rating agency says’.
As Obama opined that ‘there will always be economic factors we can’t control,’ the stock market kept dropping. Some of that fall was for ‘technical reasons.’ People and firms borrow money to bet on the market, and put down collateral (or margin) in order to do so. When the value of their purchases (stocks) falls beneath a certain amount, they are required to put up more margin to continue to participate in the market. If they don’t have the cash, they have to sell stocks to come up with it, thereby pushing the market down further. These ‘margin calls’ were the technical cause of the Great Crash of 1929.
The other reason for the drop was uncertainty, precipitating cashing out stocks to buy bonds, and reaction to the fact that no matter what anyone says, we’re not in an economic recovery, and things are getting worse. In all, the Dow Jones Index dropped 633 points during the first post-downgrade trading day, regaining a third of it the next day.
The bond market shrugged off the downgrade, meaning global investors were buying, not selling, Treasury bonds. This puts the debt cap drama and catastrophic consequence threats into scary perspective. Recall, the sky was going to fall if we didn’t bail out and subsidize the banks, too. The political fear-mongering would be laughable if it didn’t have dire consequences for the rest of us – an anemic economy unable to add jobs effectively and a banking sector floated on debt.
So, does the downgrade matter? In terms of infusing the market with more uncertainty as to whether it might lead to another one – sort of. But, in terms of Washington, it means nothing. The GOP will blame Obama for causing it by not cutting spending further. President Obama and the Democrats will act defensive and dismissive about it.
Beneath the banter, remains the stark fact that the extra debt wasn’t created to help the economy, it was created to help Wall Street. Any future political fights (and there will be many) about debt, missing that point, will therefore be unable to tackle the most important economic problem we face – lack of job and real (not paper) growth in the US and throughout the globe. Political denial and finger-pointing is not productive growth policy, no matter which party is doing what.
S&P’s downgrade got a bit of this right when it labeled Washington dysfunctional, yet, by denying there’s more to the downgrade, S&P continues to shield its own actions in the crisis build-up and Washington’s reaction to it - massive bank subsidies and a tepid bank regulation bill that didn't even break up the too big to fail banks as Glass-Steagall did in the wake of the pain banks caused leading up to the Great Depression.
A one notch ratings drop from AAA to AA+ makes no difference to the US production capacity. Indeed, with all the scaremongering about how much more expensive it would be to borrow at a higher rate (reflecting the lower credit rating), the bond market rose in a sigh of relief that the downgrade was ‘over’ rendering the cost of the downgrade minor. As for other countries dumping our bonds, though they should because our policy remains financial market subsidization through debt creation, as long as the dollar remains the dominant global currency, other countries will lend to us though buying our Treasury bonds. They don’t want their own portfolio of US Treasuries to decline in value.
Obama stated that, “we need jobs and growth.” Absolutely. But austerity compromises won’t get us there. A reality check might. He said that Americans have come through (more denial, as we haven’t come through anything, we’re still in it) the biggest financial crisis since the 1930s with grace. He made no mention of the dual DC-banks role at all.
In the 1930s, the government made a bi-partisan decision to smack the banking system into place and separate bank trading and commercial functions so banks couldn’t take risks with other people’s money; it didn’t lavish Wall Street with cheap loans and debt at the public’s expense.
All Americans should be deeply concerned that our government supported, and continues to support, banks over people. The Treasury Department and Fed continue to mislead us over this. And we all pay the price.
This article was published at NationofChange.
Welcome to Bizarro World Stephen Leahy Thursday, 11 August 2011 Canada and the United States are now the centre of Bizarro World. This is where leaders promise to reduce carbon emissions but ensure a new, supersized oil pipeline called Keystone XL is built, guaranteeing further expansion of the Alberta tar sands that produce the world's most carbon-laden oil."It's imperative that we move quickly to alternate forms of energy - and that we leave the tar sands in the ground," the U.S.'s leading climate scientists urged President Barack Obama in an open letter Aug. 3.
"As scientists... we can say categorically that it's [the Keystone XL pipeline] not only not in the national interest, it's also not in the planet's best interest."
The letter was signed by 20 world-renowned scientists, including NASA's James Hansen, Ken Caldeira of the Carnegie Institution, Ralph Keeling of the Scripps Institution of Oceanography, and George Woodwell, founder of the Woods Hole Research Center.
The proposed seven-billion-dollar Keystone XL pipeline would carry 700,000 to 800,000 barrels of tarry, unrefined oil every day from the northern Alberta tar sands 2,400 kilometres south through the U.S. heartland to refineries in Oklahoma and Texas.
Embedded in all that bitumen - the tar sands form of crude oil - will be an estimated 150 million tonnes of carbon dioxide (CO2) emissions every year. That's more CO2 than the annual emissions of 85 percent of the world's countries. Oil-rich Norway emits a mere 50 million tonnes.
"That extra carbon dioxide is going to warm the planet for hundreds and thousands of years, causing sea level rise, more pronounced droughts and floods," said German climate scientist Malte Meinshausen of the Potsdam Institute for Climate Impact Research.
Meinshausen was not involved in the letter to Obama.
Emissions attributed to the project are "enormous" and officials must take into account how it will add to climate change, Meinshausen told IPS.
President Obama and Canada's Prime Minister Stephen Harper say they are worried about climate change and have promised to make major CO2 reductions by 2020. Both countries are parties to the U.N. Framework Convention on Climate Change, whose membership unanimously swore to keep the rise in global temperatures to less than two degrees C to avoid dangerous levels of climate change.
Any hope of reaching that goal requires Canada, the U.S. and other industrialised nations to cut emissions 25 to 40 percent compared to their 1990 levels by 2020. And because CO2 lasts forever, the ultimate goal has to be net zero carbon emissions.
Both the U.S. and Canada have failed to cut their emissions, but at least U.S. emissions have stopped growing. It's not well known, but Canada has become a compulsive overeater of carbon. Its emissions "weight" ballooned from 590 million tonnes in 1990 to 734 million tonnes in 2008, according to U.N. statistics.
In the early 1990s, Canada promised to lose weight and even signed the 1997 Kyoto Protocol swearing to the world community that it would be a fit and trim 550 million tonnes by 2010 or 2012 at the latest. Government estimates put Canada at substantial 710 million tonnes (Mt) in 2010, 28 percent above its target weight. That leaves the country in seventh place amongst the big boys, just behind Germany, a country with more than twice the population.
In Copenhagen at the end of 2009, Harper himself promised other global leaders that Canada would do better and trim down to 607 Mt by 2020. However, an official government report called "Canada's Emissions Trends" quietly released last month projects a continuing carbon binge, piling on the weight to a whopping 775 to 850 Mt by 2020. Most of that extra carbon lard is from the tar sands.
In Bizarro World, everything is the opposite of what it should be: lose weight by eating more, avoid dangerous climate change by guaranteeing it. And so enormous sums of money, including incentives and subsidies from both governments, are being spent to put ever more tar sands' CO2 into the atmosphere.
In fact, an incredible 2.077 trillion dollars is expected to be invested expanding and maintaining the tar sands over the next 25 years, according to the Canadian Energy Research Institute.
The tar sands are the world's second largest deposit of oil, albeit in the form of tar, with an estimated 300 billion barrels of recoverable oil. There is so much carbon in the tar sands that if much of it is burned, there is no chance of stabilising the climate, according to Hansen and other climate experts.
That means dangerous climate change where billions suffer the effects of an ever-hotter world, with mega-droughts, mega-flooding, and mega- storms. It bears repeating that the undisputed cause of this will be the atmosphere's thick blanket of CO2 from the tar sands and other sources of fossil fuel that trap much more of the sun's energy - effectively forever. That is the nightmarish future Hansen and thousands of other scientists have been warning governments about for over 20 years.For some, the climate nightmare has already begun. The U.S. experienced the most extreme weather in its history this past July, including an unprecedented area of exceptional drought, according to the National Climatic Data Center.
It had already been a record breaking year for weather disasters, totaling 32 billion dollars in economic losses - five times the yearly average - and that's only the damages up to June. It doesn't include anything from the hurricane season that's just getting started.
Canada experienced its hottest year ever in 2010, a whopping three degrees C above normal over the entire year, according to Environment Canada. Last winter, temperatures were 21 degrees C above normal for an entire month in the high Arctic. Yes, 21.0 degrees C or 37.8 degrees F above normal for a month. That's never happened before.
In Bizarro World, the right response is to jack up the odds of having trillion-dollar weather disasters and more extreme weather by building a pipeline that will dump another 150 Mt of CO2 annually into atmosphere starting in 2015.
That's why the Harper government, at the apparent behest of tar sand oil companies Shell, Valero, ConocoPhillips, Canadian Natural Resources Limited and Cenovus Energy, has lobbied the Obama administration to approve the pipeline "tout suite" as the Canadians say.
Secretary of State Hillary Clinton has promised to wrap up a review of the Keystone XL project before the end of the year. The State Department promised to issue the final environmental impact statement this month, and hold a second round of public hearings along the six- state route in September.
Industry insiders say this is all pro forma and that the Obama administration will not listen to its own climate experts and will approve Keystone XL, justifying it as "enhancing America's energy security".
For clear-headed citizens who find themselves in Bizarro World, there is little choice but protest and civil disobedience to force their governments to protect the future interests of today's children. Starting Aug. 20, thousands of people will descend on the White House in Washington DC as part of a two-week long sit in. They hope to pressure the Obama administration to deny the "presidential permit" necessary for construction on the pipeline.
"We hope those so inclined will join protests scheduled for August and described at tarsandsaction.org," concludes the letter from the U.S.'s foremost scientists - fully aware their expert advice will most likely be ignored in Bizarro World.
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