Boston protests: It's the economy, stupid
Friday, September 30, 2011
Yesterday’s announcement that Bank of America
would begin next year charging customers $5 a month
for the long-free privilege of using a debit card to make purchases could hardly have come at a worse time in Massachusetts. The move, apparently being made in time for new profit-sapping regulations
to kick in,
came on the same day as reports of a sputtering Massachusetts economy
. This news followed another report
shedding new light on unemployment statistics: Many Massachusetts workers are settling for part-time jobs that don’t adequately pay the bills.
The announcement also came the day before not one but two scheduled protests
in Boston against the banking institutions many blame for the recession. The first
,targeted primarily at Bank of America, will be a protest march snaking through the city and stopping at corporate offenders Verizon
, before staging a sit-in at Bank of America’s Massachusetts headquarters.Occupy Boston,
inspired by the ongoing protest in New York
, also begins today, with protesters planning an indefinite camp-out in Dewey Square following a march from Bank of America headquarters. The group, whose website refers to Wall Street as “the greatest corrupter of America,” shares similar goals with, though no apparent ties to, the Bank of America protest.
Whether it’s Tea Party rallies blaming today’s conditions on excessive federal spending, or angry young people protesting large corporations, it is hard for the country’s largest institutions to miss the underlying anger over the continued stagnation of the American economy. --CHRISTINA PRIGNANO BEACON HILL
Senate President Therese Murray
became the highest-ranking Democrat in the state to support implementing the Secure Communities program
in Massachusetts, siding with Republican sheriffs
over Gov. Deval Patrick
. The state’s immigration flap has now also reached
the pages of the New York Times
is considering a supplemental bill that would provide funds to keep open courts
targeted for closing by the Trial Court
and add language preventing the Chief Justice of Administration and Management
from shuttering the courthouses.
The state’s liquor industry has been filling the campaign coffers
of state Treasurer Steve Grossman
, whose office oversees the state’s Alcoholic Beverages Control Commission
Former state senator Susan Tucker
is continuing her fight against casinos in Massachusetts, though no longer an elected official, the Eagle Tribune reports
on the Massachusetts Legislature’s effort to control health care costs. MUNICIPAL MATTERS
The Springfield Republican
suggests that Attorney General Martha Coakley
should investigate allegations of forgery regarding a ballot question
that would raise the Chicopee
mayor’s term from to two years to four.
The state inspector general
has retracted a claim that a Gloucester
charter school engaged in a no-bid contract with a former charter school board member, the Gloucester Times reports
will receive $1 million to consolidate emergency dispatch services, the Salem News reports
The Essex County Retirement Board
a $69,000 annual pension to former Salisbury
police chief David L’Esperance
, who left the town under a cloud of scandal
earlier this year.
Essex District Attorney Jonathan Blodgett
is opening an investigation
into a car swap deal involving the Lawrence Police Department
and a used-car dealer connected to Mayor William Lantigua
. At least three other state and federal agencies are investigating the deal.
The Lowell City Council
wants all city departments that accept cash to be audited, the Lowell Sun reports
soldier is reportedly one of three people killed in an explosion
Experts say the White House seeking an expedited decision from the Supreme Court
on the challenge to the health care reform law
shows the administration is confident of winning
There has been a 50 percent reduction in the number of Warrens
in the Massachusetts US Senate race. Elizabeth Warren
and Alan Khazei thank
now ex-candidate Setti Warren
for his “contributions” to the contest.
The American Spectator
wonders why Florida hates America
with the Sunshine State
looking at moving its primary date up and throwing the GOP schedule into disarray.Ed Kilgore
, writing on The New Republic
site, says Herman Cain
’s Florida straw poll victory reflects true Republican enthusiasm for his 9-9-9 plan. The Hermanator is climbing up the national polls, as Mitt Romney eclipses Rick Perry
. Consolation Dept.: Perry still has obscene amounts of money
to play with.
Surprise: Chris Christie may run after all
. And who can’t get enough of the New Jersey
governor? These guys
Attorney General Martha Coakley
is pushing federal officials to release more information about the overzealous prosecution
of area fishermen
filed in Massachusetts for the month of August were the highest yet of 2011
, though still below last year’s levels.
Tough economic times have not been friendly to Wilbraham-based ice cream icon Friendly’s
, which may file for bankruptcy
A report issued by the Donahue Institute at the University of Massachusetts says that the Bay State economy will slow down in the next quarter.
The Securities and Exchange Commission
hasn’t been very good at proving fraud cases from the financial crisis, so they’re lowering their sights and targeting plain old negligence
The Fall River teachers’ union
filed a complaint with the state labor department claiming the city is refusing to negotiate
economic issues and delaying talks over a new contract.HEALTH CARE
Hospital officials are lobbying
for an increase in the eligibility age for Medicare
as a deficit-reduction options, a controversial move that President Obama has stepped back from.ENERGY/ENVIRONMENTMIT
has teamed up with the US Navy
to wean the the world’s largest naval service off petroleum
and help it go green.CRIMINAL JUSTICE
Rezwan Ferdaus, the Ashland man under arrest
for plotting terrorist attacks on Washington, DC, was ousted from a Roxbury mosque
because of his extremist views, the Globe reports
. Experts say that his terrorist plot using model airplanes would probably not have been successful.
The case is stoking worries about home-grown extremists.
A recent graduate of Bridgewater State University allegedly threatened to “come in with a gun and shoot up the place”
if the school’s radio station
didn’t play a song he was requesting.