Archive | November, 2011
bailout banks

The Federal Reserve’s Secret 1.2 Trillion Dollar Wall Street Bailout

by Efrain Nieves The Federal Reserve secretly bailed out Wall Street banks in 2008. The top 3 banks were, Morgan Stanley with a $107.3 billion bailout, Citigroup borrowed $99.5 billion and Bank of America with $91.4 billion. In 2006, Citigroup and Bank of America profited 104 billion dollars. Yet, by 2008,  Citigroup and Bank of America borrowed “$669 […]

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gingrich

Gingrich Wants Poor Children To Work As Janitors, Calls Child Labor Laws “Stupid”

by Efrain Nieves Newt Gingrich called Child Labor Laws “stupid” in an appearance at Harvard’s Kennedy School of Government. Gingrich states: You’re totally poor. You’re in a school that is failing with a teacher that is failing. I’ve tried for years to have a very simple model…. Most of these schools ought to get rid of […]

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Failing to finish school

NYC Reports Low Grad Rates For Mexican Youth

By Victoria  Cepeda According to today’s NYTimes.com article “Now Arriving: In New York, Mexicans Lag in Education” despite making up for the largest Hispanic population in the city, Mexicans lag in education with severe high school drop out rate and low college enrollment. The reasons cited in the article for this concerning trend are the old too […]

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