New Orleans Microfinance has many positives, but should never be confused or misnamed as a “poverty reduction” strategy. There is simply no way to reduce poverty through debt. Microfinance or microcredit or micro-lending or whatever the name has a value for the poor as a way to access minimal credit to create or improve livelihoods, …
Category: Ideas and Issues
Paul Revere and Darrell Issa: Two if By See!
New Orleans This is a gentle reminder to my friends among the Tea-people. History is a funny thing, comrades, in case you missed this part of high school, it’s based on facts, rather than opinions and in fact you need to base your opinions on facts. I am reminded of this in looking at the …
Deficit Commission’s Assault on Workers and the Poor
New York Staying in the guest room of an old ILGWU coop near Grand and FDR with a view of Brooklyn and the Williamsburg Bridge from one window and across the street the sprawling Hillman complex named after Sidney Hillman the old Amalgamated Clothing Workers leader, I could remember the vision of unions – and …