/PRNewswire/ -- Speaker Nancy Pelosi issued the following statement tonight after a vote to advance the Defense Authorization bill, which repeals the discriminatory "Don't Ask, Don't Tell" policy, failed in the Senate.
"The failure of the 'Don't Ask, Don't Tell' repeal, as part of the Defense Authorization bill, on a procedural vote in the Senate is a serious disappointment to the many who have worked so hard to close the door on a fundamental unfairness.
"Since the repeal of 'Don't Ask, Don't Tell' has broad support among Senators, our troops, and the American people, it is my hope that that the Senate will move forward with an alternative legislative method. The bipartisan proposal from Senators Lieberman and Collins provides renewed hope that progress is still possible in the Senate; an army of allies stands ready in the House to pass a standalone repeal of the discriminatory policy once the Senate acts.
"Moving forward to end the days of 'Don't Ask, Don't Tell' will honor the service and sacrifice of all who dedicate their lives to protecting the American people."
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Showing posts with label failure. Show all posts
Showing posts with label failure. Show all posts
Thursday, December 9, 2010
Wednesday, November 17, 2010
Statement by Secretary of Labor Hilda L. Solis on US Senate's failure to pass Paycheck Fairness Act
/PRNewswire/ -- Secretary of Labor Hilda L. Solis today issued the following statement after the Senate's failure to invoke cloture (by a margin of 58 to 41) on S. 3772 – the Paycheck Fairness Act:
"I am deeply disappointed that the Senate did not pass this important piece of legislation today. But, the issue of pay equity is far too important to give up. I remain committed to the fight for this commonsense reform, and my department will redouble its efforts to ensure America's women are not treated as second class citizens by employers who refuse to compensate them in a fair and equitable manner.
"While the Senate fell short of the mark today, it is important to note that the Paycheck Fairness Act was approved by the House of Representatives almost two years ago. The bill was specifically designed to address the persistent gap between men's and women's wages. It tackles that challenge by enhancing enforcement and by closing loopholes in the 47-year old Equal Pay Act.
"Since the passage of the Equal Pay Act in 1963, the issue of women's pay has grown even more serious. Today, women are the sole or co-wage earner in two-thirds of American households. And, for a growing number of families, equal pay for women is not just a matter of principle. It is a matter of survival.
"Most people are surprised to learn that, despite decades of efforts since 1963, the wage gap has narrowed from 59 cents for each dollar a man makes to a still unbelievably paltry 77 cents in 2010. It is equally shocking that the gap has closed only 5 cents in the past 20 years. At that pace, it will take almost 100 more years for women to achieve pay equity. The situation is even worse for women of color. In fact, today, African-American women make 69 cents for every dollar made by a man. Latinas make just 60 cents.
"Granted, when women enter the labor market, the wage gap is usually small, and some groups of women have earnings on par with men. But, the gap grows substantially as men and women progress in their careers. Men get larger raises and promotions. And, even when women keep pace with promotions, they still fall behind in pay. That has major long-term economic implications. And, by the age of 65, the typical full-time working woman has about $365,000 less in earnings relative to a full-time working man. This gap in earnings follows women into retirement, resulting in smaller pensions and lower Social Security.
"As President Obama has said, 'Equal pay is by no means just a women's issue — it's a family issue.…And in this economy, when so many folks are already working harder for less and struggling to get by, the last thing they can afford is losing part of each month's paychecks to simple discrimination.'
"As a nation, we must continue to pursue pay equity with passion and determination. We owe it to women in America —those of years past, who worked so hard to build our country; those who carry that task on today; and, certainly, those who will shape our future in the workplace of tomorrow."
-----
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Click to read MORE news:
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Twitter: @FayetteFP
"I am deeply disappointed that the Senate did not pass this important piece of legislation today. But, the issue of pay equity is far too important to give up. I remain committed to the fight for this commonsense reform, and my department will redouble its efforts to ensure America's women are not treated as second class citizens by employers who refuse to compensate them in a fair and equitable manner.
"While the Senate fell short of the mark today, it is important to note that the Paycheck Fairness Act was approved by the House of Representatives almost two years ago. The bill was specifically designed to address the persistent gap between men's and women's wages. It tackles that challenge by enhancing enforcement and by closing loopholes in the 47-year old Equal Pay Act.
"Since the passage of the Equal Pay Act in 1963, the issue of women's pay has grown even more serious. Today, women are the sole or co-wage earner in two-thirds of American households. And, for a growing number of families, equal pay for women is not just a matter of principle. It is a matter of survival.
"Most people are surprised to learn that, despite decades of efforts since 1963, the wage gap has narrowed from 59 cents for each dollar a man makes to a still unbelievably paltry 77 cents in 2010. It is equally shocking that the gap has closed only 5 cents in the past 20 years. At that pace, it will take almost 100 more years for women to achieve pay equity. The situation is even worse for women of color. In fact, today, African-American women make 69 cents for every dollar made by a man. Latinas make just 60 cents.
"Granted, when women enter the labor market, the wage gap is usually small, and some groups of women have earnings on par with men. But, the gap grows substantially as men and women progress in their careers. Men get larger raises and promotions. And, even when women keep pace with promotions, they still fall behind in pay. That has major long-term economic implications. And, by the age of 65, the typical full-time working woman has about $365,000 less in earnings relative to a full-time working man. This gap in earnings follows women into retirement, resulting in smaller pensions and lower Social Security.
"As President Obama has said, 'Equal pay is by no means just a women's issue — it's a family issue.…And in this economy, when so many folks are already working harder for less and struggling to get by, the last thing they can afford is losing part of each month's paychecks to simple discrimination.'
"As a nation, we must continue to pursue pay equity with passion and determination. We owe it to women in America —those of years past, who worked so hard to build our country; those who carry that task on today; and, certainly, those who will shape our future in the workplace of tomorrow."
-----
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Click to read MORE news:
www.GeorgiaFrontPage.com
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www.ArtsAcrossGeorgia.com
Twitter: @artsacrossga, @softnblue, @RimbomboAAG
www.FayetteFrontPage.com
Twitter: @FayetteFP
Friday, April 30, 2010
Libertarians call for more finance industry freedom
Libertarian Party Executive Director Wes Benedict issued the following statement today, regarding the financial regulation legislation in Congress:
"The Libertarian Party opposes the legislation currently in Congress. Instead of removing harmful regulations that reduce competition, create winners and losers, and stifle the choices of consumers and financial firms, this legislation merely adds to that heap of regulations.
"It is remarkable that so many people have blamed the banking and financial company failures on the 'free market.' The American finance industry is probably the most regulated industry in human history. It doesn't remotely resemble a free market, and that's been true for many decades. It would be much more accurate to blame the failures on government interference.
"The 2008 TARP bailouts were strongly supported by both Republicans and Democrats. Presidential candidates Barack Obama and John McCain both supported them--Senator McCain even 'suspended his campaign' to rush back to Washington and help push through the massive bailouts. On the other hand, Libertarian presidential candidate Bob Barr firmly opposed those bailouts, and the Libertarian Party has continued to express our opposition since then.
"We're seeing the typical cycle of government regulation:
1. Add more regulations.
2. Watch the new regulations create new problems.
3. Blame the free market.
4. Go to step 1.
"The 2008 TARP bailouts were rationalized with the 'too big to fail' phantom -- the notion that if a big company goes bankrupt, then all financial activity will cease, and the world will basically end. It was one more example of government creating a 'fear of catastrophe' to get people to knuckle under to big government payouts.
"Another major problem with protective government regulation is that it gives consumers the false impression that 'everything's OK, the government will make sure you can't be hurt.' That causes consumers to stop doing their homework, and stop keeping an eye on the businesses they depend on. Then, when the government regulators fail in their job (as the SEC has repeatedly, for example), consumers get hurt much worse than they would if they had never been told the government was taking care of them.
"The problem isn't too little regulation, but too much. Banks, insurance companies, and other financial companies must be allowed to operate freely in a free market, and they must be allowed to fail. No other system will work. Heaping more regulations on top of the already enormous financial regulation pile will only lead to new problems."
Mark A. Calabria of the Cato Institute, writing in the New York Post, commented, "Far from protecting the little guy and sticking it to the fat cats, this bill keeps good, old-fashioned political patronage alive and well."
The Libertarian Party's Platform states: "We favor free-market banking, with unrestricted competition among banks and depository institutions of all types."
-----
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"The Libertarian Party opposes the legislation currently in Congress. Instead of removing harmful regulations that reduce competition, create winners and losers, and stifle the choices of consumers and financial firms, this legislation merely adds to that heap of regulations.
"It is remarkable that so many people have blamed the banking and financial company failures on the 'free market.' The American finance industry is probably the most regulated industry in human history. It doesn't remotely resemble a free market, and that's been true for many decades. It would be much more accurate to blame the failures on government interference.
"The 2008 TARP bailouts were strongly supported by both Republicans and Democrats. Presidential candidates Barack Obama and John McCain both supported them--Senator McCain even 'suspended his campaign' to rush back to Washington and help push through the massive bailouts. On the other hand, Libertarian presidential candidate Bob Barr firmly opposed those bailouts, and the Libertarian Party has continued to express our opposition since then.
"We're seeing the typical cycle of government regulation:
1. Add more regulations.
2. Watch the new regulations create new problems.
3. Blame the free market.
4. Go to step 1.
"The 2008 TARP bailouts were rationalized with the 'too big to fail' phantom -- the notion that if a big company goes bankrupt, then all financial activity will cease, and the world will basically end. It was one more example of government creating a 'fear of catastrophe' to get people to knuckle under to big government payouts.
"Another major problem with protective government regulation is that it gives consumers the false impression that 'everything's OK, the government will make sure you can't be hurt.' That causes consumers to stop doing their homework, and stop keeping an eye on the businesses they depend on. Then, when the government regulators fail in their job (as the SEC has repeatedly, for example), consumers get hurt much worse than they would if they had never been told the government was taking care of them.
"The problem isn't too little regulation, but too much. Banks, insurance companies, and other financial companies must be allowed to operate freely in a free market, and they must be allowed to fail. No other system will work. Heaping more regulations on top of the already enormous financial regulation pile will only lead to new problems."
Mark A. Calabria of the Cato Institute, writing in the New York Post, commented, "Far from protecting the little guy and sticking it to the fat cats, this bill keeps good, old-fashioned political patronage alive and well."
The Libertarian Party's Platform states: "We favor free-market banking, with unrestricted competition among banks and depository institutions of all types."
-----
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www.georgiafrontpage.com
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