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Message from discussion Fed Reserve Conference

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Subject: Fed Reserve Conference
Date: Tue, 20 Mar 2012 17:14:33 -0700
Message-ID: <CB90ACB56CFF7B4593C09AD9AE27800C01D43614@insightex.srvr1-nedlc.org>
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From: "Aimee Chitayat" <AChita...@insightcced.org>
To: <healthwealtheastbay@googlegroups.com>

This is a multi-part message in MIME format.

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The Federal Reserve conference videos from the February 29th's Healthy
Communities conference, which the Health Wealth Collaborative helped
organized, are available online. =20

=20

Here are the general panels:

=20

http://www.livestream.com/frbsf/folder

=20

You can see the panel that features many of our member organizations at
these two links:

=20

http://www.livestream.com/frbsf/video?clipId=3Dpla_8e835581-0ef4-4f84-8d3=
3
-8796e5dda9dd&utm_source=3Dlslibrary&utm_medium=3Dui-thumb

=20

For the link above, skip ahead for 4 minutes 45 seconds (there is dead
time on the video until then).  There is also a short additional video
segment here:

=20

http://www.livestream.com/frbsf/video?clipId=3Dpla_4ca75bfc-6b9a-40dd-886=
6
-867737b29d39&utm_source=3Dlslibrary&utm_medium=3Dui-thumb

=20

Great job in helping organize the conference!=20

=20

Thanks,

=20

Aimee

=20

=20

Aimee Chitayat, Program Director

Insight Center for Community Economic Development (formerly NEDLC)

2201 Broadway, Suite 815

Oakland, CA  94612

Phone:  510-251-2600 x133

achita...@insightcced.org <mailto:achita...@insightcced.org> =20

Visit our website: www.insightcced.org <http://www.insightcced.org>=20

=20

=20

Helping people and communities become, and remain, economically secure

=20

From: healthwealtheastbay@googlegroups.com
[mailto:healthwealtheastbay@googlegroups.com] On Behalf Of
l...@communityfinancialresources.net
Sent: Wednesday, March 07, 2012 9:26 AM
To: healthwealtheastbay@googlegroups.com
Subject: Inequality and Redistribution during the Great Recession -
Economic Policy Papers - Publications & Papers | The Federal Reserve
Bank of Minneapolis

=20

Honor Labor:

Link to Minnie Fed article:
http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=3D48=
1
9
<http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=3D4=
8
19>=20

Check out the language below, from the 24/7 Wall St. journalist who
wrote about the Fed study.=20

The language is demeaning to labor while portraying poverty alleviation
as hopeless.  The proposed solution: If only the poor could move... =20

When CFR attended a Marin Community Foundation conference on poverty in
Marin County, one of the authors of the report commented that we do not
need the return of "blue-collar" type industry jobs if we were to
recognize the value of domestic service work in all its varieties from
teachers, janitors, nannies and housecleaners, retail, etc.=20

--LJS--

------------------------------------------------------------------------
------------------------------------------

from: http://247wallst.com/2012/02/22/for-the-bottom-20-life-gets-worse/
<http://247wallst.com/2012/02/22/for-the-bottom-20-life-gets-worse/>
Douglas A. McIntyre

..."The bottom 20%, the research appears to show, will remain at a
bottom, which continues to be drop.

=20

No one has offered a policy that is anywhere near iron clad to help the
middle class regain its purchasing power. The same can be said of the
poorest Americans. Most live in circumstances that are extremely hard to
alter. Demographic data show that they tend to live in inner cities or
in the poorest rural areas, where most of the work is menial and low
paid. There is no way to import better work to people in those areas,
and they do not have the means to move to areas where higher paying jobs
exist. If they could, they would find themselves undertrained, in many
cases. The size of the problem is colossal, and it is one of a large
handful of problems that the federal government is rushing to solve as
tax receipts falter and spending continues to rise.

=20

The 20% that the Minneapolis Fed describes have lost what little
"wealth" they had as the economy turned down, and there are no means
imaginable to change that....

=20


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(filtered medium)"><title>Inequality and Redistribution during the Great =
Recession - Economic Policy Papers - Publications &amp; Papers | The =
Federal Reserve Bank of Minneapolis</title><style><!--
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</o:shapelayout></xml><![endif]--></head><body lang=3DEN-US link=3Dblue =
vlink=3Dpurple><div class=3DWordSection1><p class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif"'>The Federal Reserve =
conference videos from the February 29<sup>th</sup>&#8217;s Healthy =
Communities conference, which the Health Wealth Collaborative helped =
organized, are available online.&nbsp; <o:p></o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif"'><o:p>&nbsp;</o:p></span></p>=
<p class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif"'>Here are the general =
panels:<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif"'><o:p>&nbsp;</o:p></span></p>=
<p class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif"'><a =
href=3D"http://www.livestream.com/frbsf/folder">http://www.livestream.com=
/frbsf/folder</a><o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif"'><o:p>&nbsp;</o:p></span></p>=
<p class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif"'>You can see the panel that =
features many of our member organizations at these two =
links:<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif"'><o:p>&nbsp;</o:p></span></p>=
<p class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif"'><a =
href=3D"http://www.livestream.com/frbsf/video?clipId=3Dpla_8e835581-0ef4-=
4f84-8d33-8796e5dda9dd&amp;utm_source=3Dlslibrary&amp;utm_medium=3Dui-thu=
mb">http://www.livestream.com/frbsf/video?clipId=3Dpla_8e835581-0ef4-4f84=
-8d33-8796e5dda9dd&amp;utm_source=3Dlslibrary&amp;utm_medium=3Dui-thumb</=
a><o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif"'><o:p>&nbsp;</o:p></span></p>=
<p class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif"'>For the link above, skip =
ahead for 4 minutes 45 seconds (there is dead time on the video until =
then).&nbsp; There is also a short additional video segment =
here:<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif"'><o:p>&nbsp;</o:p></span></p>=
<p class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif"'><a =
href=3D"http://www.livestream.com/frbsf/video?clipId=3Dpla_4ca75bfc-6b9a-=
40dd-8866-867737b29d39&amp;utm_source=3Dlslibrary&amp;utm_medium=3Dui-thu=
mb">http://www.livestream.com/frbsf/video?clipId=3Dpla_4ca75bfc-6b9a-40dd=
-8866-867737b29d39&amp;utm_source=3Dlslibrary&amp;utm_medium=3Dui-thumb</=
a><o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497=
D'><o:p>&nbsp;</o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif";color:black'>Great job in =
helping organize the conference! <o:p></o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif";color:black'><o:p>&nbsp;</o:p=
></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif";color:black'>Thanks,<o:p></o:=
p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif";color:black'><o:p>&nbsp;</o:p=
></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Calibri","sans-serif";color:black'>Aimee<o:p></o:p>=
</span></p><p class=3DMsoNormal><span =
style=3D'font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497=
D'><o:p>&nbsp;</o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497=
D'><o:p>&nbsp;</o:p></span></p><div><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Calibri","sans-serif";color:#1F497=
D'>Aimee Chitayat, Program Director</span><span =
style=3D'font-family:"Calibri","sans-serif";color:#1F497D'><o:p></o:p></s=
pan></p><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Calibri","sans-serif";color:#1F497=
D'>Insight Center for Community Economic Development (formerly =
NEDLC)</span><span =
style=3D'font-family:"Calibri","sans-serif";color:#1F497D'><o:p></o:p></s=
pan></p><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Calibri","sans-serif";color:#1F497=
D'>2201 Broadway, Suite 815</span><span =
style=3D'font-family:"Calibri","sans-serif";color:#1F497D'><o:p></o:p></s=
pan></p><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Calibri","sans-serif";color:#1F497=
D'>Oakland, CA&nbsp; 94612</span><span =
style=3D'font-family:"Calibri","sans-serif";color:#1F497D'><o:p></o:p></s=
pan></p><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Calibri","sans-serif";color:#1F497=
D'>Phone:&nbsp; 510-251-2600 x133</span><span =
style=3D'font-family:"Calibri","sans-serif";color:#1F497D'><o:p></o:p></s=
pan></p><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Calibri","sans-serif";color:#1F497=
D'><a href=3D"mailto:achita...@insightcced.org"><span =
style=3D'color:blue'>achita...@insightcced.org</span></a> </span><span =
style=3D'font-family:"Calibri","sans-serif";color:#1F497D'><o:p></o:p></s=
pan></p><p class=3DMsoNormal style=3D'text-align:justify'><span =
style=3D'font-size:10.0pt;font-family:"Calibri","sans-serif";color:#1F497=
D'>Visit our website: <a href=3D"http://www.insightcced.org" =
title=3D"http://www.insightcced.org/"><span =
style=3D'color:blue'>www.insightcced.org</span></a><o:p></o:p></span></p>=
<p class=3DMsoNormal><i><span =
style=3D'font-size:8.0pt;font-family:"Calibri","sans-serif";color:#1F497D=
'><o:p>&nbsp;</o:p></span></i></p><p class=3DMsoNormal><b><span =
style=3D'font-size:9.0pt;font-family:"Calibri","sans-serif";color:#73BB49=
'><o:p>&nbsp;</o:p></span></b></p><p class=3DMsoNormal><i><span =
style=3D'font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497=
D'>Helping people and communities become, and remain, economically =
secure</span></i><i><span =
style=3D'font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497=
D'><o:p></o:p></span></i></p></div><p class=3DMsoNormal><span =
style=3D'font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497=
D'><o:p>&nbsp;</o:p></span></p><div><div =
style=3D'border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b><span =
style=3D'font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span>=
</b><span style=3D'font-size:10.0pt;font-family:"Tahoma","sans-serif"'> =
healthwealtheastbay@googlegroups.com =
[mailto:healthwealtheastbay@googlegroups.com] <b>On Behalf Of =
</b>l...@communityfinancialresources.net<br><b>Sent:</b> Wednesday, =
March 07, 2012 9:26 AM<br><b>To:</b> =
healthwealtheastbay@googlegroups.com<br><b>Subject:</b> Inequality and =
Redistribution during the Great Recession - Economic Policy Papers - =
Publications &amp; Papers | The Federal Reserve Bank of =
Minneapolis<o:p></o:p></span></p></div></div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p><span =
style=3D'font-family:Consolas'>Honor =
Labor:</span><o:p></o:p></p><p><span style=3D'font-family:Consolas'>Link =
to Minnie Fed article:</span> <a =
href=3D"http://www.minneapolisfed.org/publications_papers/pub_display.cfm=
?id=3D4819"><span =
style=3D'font-family:Consolas'>http://www.minneapolisfed.org/publications=
_papers/pub_display.cfm?id=3D4819</span></a><o:p></o:p></p><p><span =
style=3D'font-family:"Calibri","sans-serif"'>Check out the language =
below, from the</span><u> </u><u><span =
style=3D'font-family:"Calibri","sans-serif"'>24/7 Wall =
St.</span></u><span style=3D'font-family:"Calibri","sans-serif"'> =
journalist who wrote about the Fed study.</span> <o:p></o:p></p><p><span =
style=3D'font-family:"Calibri","sans-serif"'>The language is demeaning =
to labor</span> <span style=3D'font-family:"Calibri","sans-serif"'>while =
portraying poverty alleviation as hopeless.&nbsp;</span> <span =
style=3D'font-family:"Calibri","sans-serif"'>The proposed =
solution:</span> <span style=3D'font-family:"Calibri","sans-serif"'>If =
only the poor could move&#8230;&nbsp; </span><o:p></o:p></p><p><span =
style=3D'font-family:"Calibri","sans-serif"'>When CFR attended a Marin =
Community Foundation conference on poverty in Marin County, one of the =
authors of the report commented that we do not need the return of =
&quot;blue-collar&quot; type</span> <span =
style=3D'font-family:"Calibri","sans-serif"'>industry jobs</span> <span =
style=3D'font-family:"Calibri","sans-serif"'>if we were to recognize the =
value of domestic service work in all its varieties from =
teachers,</span> <span =
style=3D'font-family:"Calibri","sans-serif"'>janitors, nannies =
and</span> <span =
style=3D'font-family:"Calibri","sans-serif"'>housecleaners,</span> <span =
style=3D'font-family:"Calibri","sans-serif"'>retail,</span> <span =
style=3D'font-family:"Calibri","sans-serif"'>etc. =
</span><o:p></o:p></p><p><span =
style=3D'font-family:"Calibri","sans-serif"'>--LJS--</span><o:p></o:p></p=
><p><span =
style=3D'font-family:"Calibri","sans-serif"'>----------------------------=
-------------------------------------------------------------------------=
-------------</span><o:p></o:p></p><p><span =
style=3D'font-family:"Calibri","sans-serif"'>from:</span> <a =
href=3D"http://247wallst.com/2012/02/22/for-the-bottom-20-life-gets-worse=
/"><span =
style=3D'font-family:"Calibri","sans-serif"'>http://247wallst.com/2012/02=
/22/for-the-bottom-20-life-gets-worse/</span></a> <span =
style=3D'font-family:Consolas'>Douglas A. =
McIntyre</span><o:p></o:p></p><p><span =
style=3D'font-family:Consolas'>&#8230;&quot;The bottom 20%, the research =
appears to show, will remain at a bottom, which continues to be =
drop.</span><o:p></o:p></p><p><span =
style=3D'font-family:Consolas'>&nbsp;</span><o:p></o:p></p><p><span =
style=3D'font-family:Consolas'>No one has offered a policy that is =
anywhere near iron clad to help the middle class regain its purchasing =
power. The same can be said of the poorest Americans. Most live in =
circumstances that are extremely hard to alter. Demographic data show =
that they tend to live in inner cities or in the poorest rural areas, =
where most of the</span> <span style=3D'font-family:Consolas'>work is =
menial and low paid. There is no way to import better work to people in =
those areas, and they do not have the means to move to areas where =
higher paying jobs exist. If they could, they would find themselves =
undertrained, in many cases. The size of the problem is colossal, and it =
is one of a large handful of problems that the federal government is =
rushing to solve as tax receipts falter and spending continues to =
rise.</span><o:p></o:p></p><p><span =
style=3D'font-family:Consolas'>&nbsp;</span><o:p></o:p></p><p><span =
style=3D'font-family:Consolas'>The 20% that the Minneapolis Fed =
describes have lost what little &#8220;wealth&#8221; they had as the =
economy turned down, and there are no means imaginable to change =
that&#8230;.</span><o:p></o:p></p><p><span =
style=3D'font-family:Consolas'>&nbsp;</span><o:p></o:p></p></div></body><=
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