All Articles Tagged "union"
From Black Enterprise
The subject of love and money used to be an area of focus people wanted to ignore. However, with an increase in divorces citing finances as the primary reason, more and more people are now paying closer attention to finances prior to marriage.
Chemistry and compatibility extend far beyond the physical interaction you have with your special someone. If you are exploring the topic of marriage with your significant other, be sure to discuss the topic of money prior to saying “I do” in order to get a better understanding of what financial picture lies ahead.
Here are five “must-ask” financial questions before tying the knot:
-How much debt do you have? This is an important topic to discuss because it provides a snapshot of how your money will be allocated during marriage (at least early on). When debt is brought into a marriage it changes how much can be spent, invested, and shared. And just in case you’re wondering, $125,000 in student loans, $2,500 per month in child support, and $60,000 in credit card debt are things your significant other should know about prior to saying “I do!”
Read more at BlackEnterprise.com.
As this day draws to a close we reflect on the many historic commemorations that took place: the second inauguration of President Obama, the 150th anniversary of the Emancipation Proclamation, and, of course, the birthday and legacy of Dr. Martin Luther King Jr.
Among the many things that Dr. King stood for was worker’s rights and economic justice. MNSBC’s blog for The Ed Show reminds us of this, with a look at the 1968 strike of Memphis sanitation workers.
Echol Cole and Robert Walker had been killed on the job in February of that year and given only a small bereavement fee by the state of Mississippi. It was one more slight against black workers who were expected to work with old equipment for little pay. It also became what MSNBC calls a “catalyst” for a strike in which black sanitation workers in the city sought to unionize.
“[T]he 1968 Memphis sanitation workers strike plays, at best, a tertiary role in the popular narrative of King’s legacy—this despite the fact that it was his last campaign, the battle which cost him his life. When Dr. King was assassinated on April 4, 1968, he was staying in a Memphis motel. The last speech of his life, the famous ‘I’ve Been to the Mountaintop’ speech, had been delivered the night before to an audience of striking workers and their supporters,” the blog says.
Ultimately, Dr. King’s great fight was for civil rights of all kinds. In a climate in which black workers were doing tough jobs for no money, this strike falls under the umbrella that covers the larger fight that Dr. King engaged in and led. But as the blog points out, Dr. King recognized the singular importance of economic equality.
“Dr. King became involved in the strike as he was working to launch the Poor People’s Campaign, an effort which would explicitly highlight the link between racial and economic justice,” writes the MSNBC blog. “He fought for union recognition because he understood racism and economic inequality as intimately connected phenomena: mutually reinforcing evils in an even larger tapestry of injustices.”
As we celebrate Dr. King, we should remember the many fronts on which he fought.
[Unions] drive up the cost of doing business, we hear, though unmentioned is that higher wages mean a stronger local economy. Unions are corrupt, we hear, though that’s a hard stone to cast for anyone living in a glass mansion built by the banking and investment industries, or with the ill-gotten gains from corporate insider trading. Even odder is to hear that argument from working-class people, who have bought into the notion that “right to work” actually has something to do with workplace freedom.Now, as in the past, unions stand for workers who, on their own, couldn’t possibly bargain with the huge corporations that hold their livelihoods in their hands. The fight is on and neither side is backing down.
(AP) — The start of the NBA season was thrown into doubt Tuesday after players and owners made no progress at a key labor meeting, with no further talks scheduled. Union executive director Billy Hunter says players were prepared to make a “significant” financial move, but found owners unwilling to budge off their positions.