Jobs and the Economy

Move Your Money (If You Have Any)

Arianna Huffington thinks we should move our money out of the six banks that hold 60% of our gross domestic product – Bank of America, J. P. Morgan Chase, Citigroup, Wachovia, Wells Fargo, U.S. BC – and into small local banks or credit unions. Assuming you have any to move. Huffington’s Move Your Money movement…

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The State Of The State Of The Union

Tonight at 9 p.m. EST, President Obama will deliver his first State of the Union address to a joint session of Congress. The president will cover terrorism, the wars in Afghanistan and Iraq, and the relief efforts in Haiti, but the bulk of his speech will focus on the economy, job creation, and the needs…

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Thomas Friedman Nails It

Although most of “More (Steve) Jobs, Jobs, Jobs, Jobs” is devoted to National Lab Day and the Network for Teaching Entrepreneurship, New York Times columnist Thomas Friedman led off today with something I suspect we’ll be hearing more of as the November elections loom larger. (Even considering the source.) The most striking feature of Barack…

Posted in Trends in Music and Society, Jobs and the Economy

New York City Civic Corps, At Your Service

Everyone knows New York City is a special place. Residents also know that New York has real problems: homelessness, joblessness, working poor, and a struggling education system are but a few of them. Last year as the global economy sank into a brutal recession, Mayor Mike Bloomberg used stimulus funding from President Obama’s American Recovery…

Posted in Trends in Music and Society, Jobs and the Economy

Phish Does Not Forget The Motor City

Less than a month after the “Joy” that was Festival 8, Phish returned to the stage for their fall tour opener in Detroit, Michigan. Cobo Arena is located on the Detroit River adjacent to General Motors headquarters, Joe Louis’s monumental fist, and the big bronze “Spirit of Detroit.” The city was alive with energy as…

Posted in Trends in Music and Society, Jobs and the Economy

Government Sachs

  Today’s required reading would be this very long London Times profile of Goldman Sachs and its CEO, Lloyd Blankfein. Ominously titled, “I’m doing ‘God’s work’. Meet Mr Goldman Sachs,” the feature takes readers into the inner sanctum of the company Rolling Stone’s Matt Taibbi described as, “a great vampire squid wrapped around the face…

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Update: Financial-Aid Amendment Withdrawn

  Although an estimated 200,000 students since 1998 have already lost their financial aid due to the Higher Education Act’s anti-drug provision, Rep. Mark Souder (R-IN) withdrew his amendment to the House’s new Student Aid and Fiscal Responsibility Act. Souder’s amendment would have continued denying financial aid to students with drug-possession convictions. The bill is…

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AFL-CIO Study Finds Young Workers Facing ‘Lost Decade’

The news ain’t good. An AFL-CIO-commissioned study has found that young workers (18-35) face low wages, inadequate health insurance, and minimal chances of retirement benefits for at least the next decade. “Young Workers: A Lost Decade” derives from a July survey of 1,156 people conducted by the Peter D. Hart Research Associates. The study is…

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If You Hate Capitalism, You’ll Probably Love ‘Capitalism’

Here’s the trailer for director Michael Moore latest laughing-to-keep-from-crying-umentary. Capitalism: A Love Story opens October 2.

Posted in Jobs and the Economy

Obama taps music industry to encourage community service

The White House earlier this summer announced the United We Serve campaign, an ambitious project aimed at inspiring people to become involved in community service while also promoting economic recovery. Recognizing that music has the power to move millions, President Barack Obama turned to the music industry to take a lead role in building momentum…