Posts Tagged ‘Congress’

$10,000 First Year Associate Salary-Boston

No,this is not a joke. The article begins with:

Say No to Law School
Protect Your Sanity and Your
Financial Future

By now, most people know a law degree hardly guarantees law school graduates will snag a good job, let alone a high-paying BigLaw position.

But it may be even tougher than you think to get a high-paying legal job just out of law school. Hiring law firms, if you thought you were low-balling new grads, think again. (Boston Business Journal 06/01/2012): Legal job market hits new low: BC Law lists job below minimum wage 

Yahoo’s version: (06/01/2012)  Attention Lawyers: Get Your … $10,000 a Year Salary: 

The beginning of the article states: Attention college students applying to law school: put down the LSAT prep book. You might want to consider another line of work.

How can this be legal, it reminds me of how waitresses are paid poorly on an hourly basis then make most of their money on commission, maybe this is the same scheme. For shame, BELOW MINIMUM WAGE. Sallie Mae, SLM, Access, Nelnet does not care: All they say is _________ , you better have my money with a financial, back-handed slap known as late charges, additional finance charges, interests and other ‘costs.’

This has been going on for decades. Mainstream media is just late to the party; I would dare say ‘fashionably late.’ The kind of oh I was going to get there, so when I (mainstream media) arrive I appear to expose this dying legal market.

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Congress investigates law schools

All Rights Reserved

According to the Tennesseean’s article Corporations add transparency; so can universities (02/15/2012). This makes sense. Law schools and other universities conduct themselves as for profit they should have all the regulations and accountability that goes with it. Employment statistics, true rankings, endowments, donations, investments and distribution of funding. The first paragraph of this article makes you mentally say an exclamatory *yes*:

The U.S. Senate is investigating law schools’ student data for accuracy, as evidence grows that public information released misrepresents the truth.

Hopefully, Congress will not address the legal industry like the housing market–lawsuits and settlements and restructure only for those affected since 2008 til present. These institutions of higher education have been gaming the system for decades.

The Fourth of July, Black Unemployment and Senator Barbara Lee

July 2, 2010                                               
WASHINGTON, D.C. – Congresswoman Barbara Lee (D-CA), Chairwoman of the Congressional Black Caucus, released the following statement today after the Bureau of Labor Statistics issued the June jobs report showing that unemployment is down to 9.5 percent:
“Today’s unemployment number continues to show signs that the economy is improving, however, the pace of our nation’s economic recovery is further evidence that government action to stimulate the economy and create jobs must remain a top priority. “The unemployment rate for African Americans remains unacceptably high at 15.4 percent. Likewise, African American and Latino teens are unemployed at 46.4 and 35.7 percent respectively, compared to an overall teen unemployment rate of 29 percent. “These gross disparities continue to underscore the urgent need for Congress to enact measures targeting communities that have been disproportionately hit by the economic slowdown and lag behind in the recovery. [emphasis mine] No specific measures are mentioned in the statement so I have to wonder whether people have just run out of ideas. The more time passes, the problem worsens and hope dwindles which causes some hopes to dwindle. It’s a vicious cycle. I really do not like or intend to comment regarding politicians but I believe it’s our duty to discuss policies that have disparate impact on law abiding, tax-paying ‘minority’ Americans.
“Last night, the House of Representatives approved a supplemental appropriations request that included $1 billion for youth employment programs, which will create 350,000 jobs for young people ages 14 to 24. I urge the U.S. Senate to swiftly approve this measure when they return to Washington D.C. after July 4th holiday. “ [emphasis mine]
Earlier this year, the Congressional Black Caucus criticized the President for not taking enough measures for economic issues affecting the black community. However, the President doesn’t have total control of what’s happening in Congress and to a significant degree it’s Congress’ fault for not being able to reconcile certain differences while children are literally living on the street with parents and families continue to face foreclosures. I find it ironic that one party states that the unemployment measure was not passed because  it would add to the deficit. So does supporting big corporations, with exorbitant tax breaks and the TARP bill bailout, who are the major market participants laying off employees contributing to the increase unemployment, no one wants to discussed how much that added to the national deficit. It’s o.k. to help corporate America, just not American citizens.  Anyway, many believe the President does not address these issues that affects the broader American people and more specifically Black Americans, from the Halls of Congress, to the Black suburbanites, the criticism is voiced:  
June 25: 2010:  Black Congress, critical of Obama, to convene in D.C. to set black agenda : Indybay

March 11, 2010:  Congressional Black Caucus: President Obama’s not listening – Lisa Lerer and Nia-Malika Henderson – POLITICO.com

I can understand the perceived divisiveness that speaking of Black and other minority issues can be. Especially when the broader American economy is suffering, which entails some White Americans who are impacted as well. However, just as Black and other minorities have been impacted the most, treating them with the a broader policy may actually cause them to slip through the cracks without providing a solution. Thus, when confronting a specific problem, it’s reasonable to work towards specific solutions though it will cause others who are not in the target group to feel comfortable with the notion.

As one woman states in July 2, 2010, 13A, USA Today’s paper:

…most years, I took great pleasure in reading the powerful Frederick Douglass speech, “The Meaning of July Fourth for the Negro.” [sic] Though delivered in 1852 during slavery the words have rich meaning for me, even today.

“What to the American slave, isyour 4th of July,” he thundered to a crowd in Rochester, NY. “I answer, a day that reveals to him, more than all other days in the year, the gross injustice and cruelty to which he is the constant victim. To him, your celbration is a sham; your boasted liberty, an unholy license; your national greatness, swelling vanity…yourshouts of liberty and equality a hollow mockery.” [emphasis mine]

The speech is a scathing indictment of U.S. hypocrisy.  If you called me on July 4, I would probably read you some of its rich and powerful passages. Our nation has come a long way since 1852, but for many African Americans, shouts of liberty are still hollow mockery. Unemployment is a scourge on all Americans, but the black unemployment rate, at 15.3% in May, is nearly twice the white rate. Every economic indicator–income, wealth, home ownership–screams inequality.”  ●●Julianne Malveaux

Harsh, yet truthful words for a harsh reality.

Unemployment Programs; Black Unemployment…

On May 11, 2010 I posted my thoughts on black unemployment and some organizations call for the United Nations to address black unemployment.  Well, the Economic Policy Institute presented a  more in depth statistical analysis: released: 

Uneven pain—Unemployment by metropolitan area and race dated June 8, 2010. Between this and another previous post we can conclude:  Blacks are the most affected by the economic recession and unemployment; thus will most likely be affected long-term socially. Ironically, Blacks and Latinos had an increased in education attainment but higher unemployment rates.

From the May 11, 2010 post [ United Nations: People are calling the international community to the plight of Black Unemployment] on this blog in which I quoted:  “But the ugly truth is that the road to success that the degree they’ve earned was supposed to open up is littered with potholes that their education cannot overcome. This year, blacks who have earned a bachelor’s degree and higher have a higher unemployment rate than whites who have only obtained a two-year college degree. And blacks with college degrees earn substantially less than white college graduates.” [ Black college graduates face road full of potholes, May 11, 2010, Statesman Journal updated version provided in a different website:  Black college graduates face a road ahead full of potholes | lancastereaglegazette.com | Lancaster Eagle Gazette ] Even with these facts and statistics I see not a regression but a potential full-blown manifestation of hatred as many of us have read in history. When a country is in decline which most obvious sign is its economy and international trade, those who are members of unpopular groups, you know those who are not deemed by dominant society as “one of us” will be blamed for it.

Let me state a brief insight: For minorities to try to do things the “right way” attain education, work towards a goal, only to be overlooked for a lesser educated white potential employment is psychologically damaging. It is a reminder that racism is inherent in American culture, government and politics. When push comes to shove, minorities as well as a few whites are expendables. This leaves a resounding whisper in the minds of those largely affected that “America has not changed.”

Should we assume that the abismal statistics provided by EPI are accurate, this gives additional insight to news regarding unemployment benefits. According to an article posted by the Huffington Post on June 14, 2010; more people continue to lose unemployment benefits due to Congress’ failure to extend it and other programs. [Uneven pain—Unemployment by metropolitan area and race].

As Blacks maintain the highest percentage of unemployment across the nation, rationally, they are the very ones who are relying on unemployment benefits for survival, though many are likely educated and not necessarily blue-collar workers. Simply fathoms the mind, for those who believed that they could taste the American Dream but only to be met with sometimes polite rebuffs that reinforces a cyclical society of unbalance and discrmination. I have read that some economists are expecting riots in urban areas because of the economic crisis. For those who believe that living in the suburbs shields them, let me remind you that plenty of Section 8 housing residents and others are spread throughout the suburbs and that some suburbs are dependent and surround major urban areas–you know where many professionals commute to work. It’s looking grim. Can you say Ecuador?