The battle is under way to put a moratorium on home forecloses in Minnesota. The first legislative hearing on an bill to put a moratorium on foreclosures and evictions began with a joint hearing by State Senate Economic Development and Housing Budget Division and Health and Housing and Family Security Committee, Jan. 27 at the Minnesota state capitol.
More than 75 workers, students and community supporters rallied at Morrill Hall, the central administration building here, Jan. 21, to oppose attempts by President Bruininks and senior administrators to balance the budget on the backs of staff and students.
Current Secretary of the Treasury Timothy Geithner was president of the New York Federal Reserve when AIG and big banks were given the secret bailout. The editors of Fight Back! say that Geithner should resign, or be removed from the post of Treasury Secretary.
On Friday, Jan. 8, the Labor Department reported that 85,000 more jobs were lost in December of 2009. This was much worse than mainstream economists predicted and shows that another ‘job-loss’ recovery may be underway.