Ackman’s hedge fund down 13.1 percent for August

BOSTON (Reuters) – Hedge fund mogul William Ackman’s Pershing Square Holdings portfolio fell 13.1 percent this month, leaving the fund down 4.3 percent for the year, the firm said on…

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From:: Money – Reuters

Posted in News

Freedom Side’s emerging radical democratic imagination

By Geoff Gilbert

A new coalition of young activists
of color is emerging under Black Lives Matter. (4,000 words)

This
article was first published on Waging
Nonviolence.

Protesters
with Freedom Side marched to the National Governor’s Association meeting in
Nashville last year, before engaging in their first act of civil disobedience. Credit:
Twitter/ Freedom Side. All rights reserved.

On a summer day last June, a group
of around 100 young black and brown activists gathered to welcome the National
Governor’s Association to Nashville. The cadre organized a silent
march — their mouths taped shut to symbolize their silenced
perspective — through downtown Nashville’s commercial district to the Omni
Hotel, where the association held its four-day biannual summit.

The young black and brown activists
descended on Nashville to stand together in resistance against the policies
that criminalize them — policing practices that have the effect of racial and
socio-economic profiling, like “broken windows” policies; excessive
drug sentences and drug enforcement in low-income communities; the
systematic separation of immigrant families made more efficient by the
post-9/11 creation of Immigration and Customs Enforcement within the
Department of Homeland Security; and the perverse social incentives created by
increasing privatization of prisons and detention centers.

“Criminalization of young people of
color has different guises, but it’s all the same,” said Malaya Davis, an organizer
with the Ohio Student Association, or OSA. “[Our] demand
was just for the governors to somehow acknowledge our presence and statements.”

After a failed attempt to send
emissaries into the conference, five of the activists stepped forward — nearly
a month before the unarmed black teenager Mike Brown would be killed in
Ferguson — to unfurl a banner that read, “Our Lives Matter.” All five were
arrested for trespassing — four members of the OSA along with one member of the
Florida-based Dream Defenders.

“We were there to talk about
criminalization, and they said, ‘OK, we’ll …read more

From:: OpenEconomy

Posted in Economics Tagged with:

Freedom Side’s emerging radical democratic imagination

By Geoff Gilbert

A new coalition of young activists
of color is emerging under Black Lives Matter. (4,000 words)

This
article was first published on Waging
Nonviolence.

Protesters
with Freedom Side marched to the National Governor’s Association meeting in
Nashville last year, before engaging in their first act of civil disobedience. Credit:
Twitter/ Freedom Side. All rights reserved.

On a summer day last June, a group
of around 100 young black and brown activists gathered to welcome the National
Governor’s Association to Nashville. The cadre organized a silent
march — their mouths taped shut to symbolize their silenced
perspective — through downtown Nashville’s commercial district to the Omni
Hotel, where the association held its four-day biannual summit.

The young black and brown activists
descended on Nashville to stand together in resistance against the policies
that criminalize them — policing practices that have the effect of racial and
socio-economic profiling, like “broken windows” policies; excessive
drug sentences and drug enforcement in low-income communities; the
systematic separation of immigrant families made more efficient by the
post-9/11 creation of Immigration and Customs Enforcement within the
Department of Homeland Security; and the perverse social incentives created by
increasing privatization of prisons and detention centers.

“Criminalization of young people of
color has different guises, but it’s all the same,” said Malaya Davis, an organizer
with the Ohio Student Association, or OSA. “[Our] demand
was just for the governors to somehow acknowledge our presence and statements.”

After a failed attempt to send
emissaries into the conference, five of the activists stepped forward — nearly
a month before the unarmed black teenager Mike Brown would be killed in
Ferguson — to unfurl a banner that read, “Our Lives Matter.” All five were
arrested for trespassing — four members of the OSA along with one member of the
Florida-based Dream Defenders.

“We were there to talk about
criminalization, and they said, ‘OK, we’ll …read more

From:: OpenEconomy

Posted in Economics Tagged with:

U.S.-based stock funds post $17.8 billion outflows in latest week: Lipper

NEW YORK (Reuters) – Investors in U.S.-based funds pulled $17.8 billion out of stock funds in the week ended Aug. 26 after a plunge in stock markets spurred a flight to funds that hold safer assets,…

…read more

From:: Money – Reuters

Posted in News

Ukraine gets major debt relief from creditors — except Russia

Struggling against Russia-backed separatists and a shrinking economy, Ukrainian officials said Thursday that they had secured major debt relief from … …read more

From:: <a href=https://www.google.com/url?rct=j&sa=t&url=http://www.latimes.com/world/europe/la-fg-ukraine-debt-relief-20150827-story.html&ct=ga&cd=CAIyGmNhZGU4MWUyMzZjZjNiYTk6Y29tOmVuOlVT&usg=AFQjCNG1iaSxi-Uj6zciVbP0GjypVhaurw target="_blank" title="Ukraine gets major debt relief from creditors — except Russia” >Debt Relief – Google Alert

Posted in Economics Tagged with:

1 billion people used Facebook on Monday – Yahoo Finance

Yahoo Finance
Talk about a social network: Almost one out of every seven people on Earth used Facebook (FB) on Monday. Chief executive Mark Zuckerberg wrote in a Facebook post that 1 billion people logged into the world’s biggest social network. “This was the first …

and more …read more

From:: Social Finance – Google Alert

Posted in Economics Tagged with: