Topic

Economic Justice

14,320 petitions

Update posted 2 hours ago

Petition to Joseph R. Biden, Miguel Cardona, Richard Cordray, James Kvaal, Toby Merrill

POTUS: Cancel Federal Student Loans, and Return Bankruptcy Rights to All Student Loans.

Follow us on Twitter! Student Loans can be cancelled with nothing needed from the Treasury, and nothing added to the national debt.  President Biden promised to broadly cancel student loans before the election.  Now, he appears to be reneging on this pledge. We call on President Biden to cancel all federally owned loans by executive order.  We also call on both the President and Congress to return standard bankruptcy protections to ALL student loans, by executive order and through Congress. During the pandemic, Trillions in stimulus (including PPP loans that don't need to be repaid) require money to be drawn from the Treasury, and add to the national debt. The President can, however, cancel $1.3 Trillion in federally owned student loans with nothing needed from the Treasury, and nothing added to the national debt. He can also order the Department of Education to stop opposing student loan borrowers in bankruptcy court. Before the pandemic,  45.4 million people were holding federal student loans, and 80% were either unable to pay, or were paying but their balances were going up.  Today, student debt in over one-third of U.S. states exceeds their total annual budgets. Older people outnumber younger people with student debt, and they owe 3 times more, despite having borrowed far less.  The default rate for 2004 students is 40%, but they borrowed less than a third of what is being borrowed today.   The default rate for current borrowers will likely exceed 75%.  This is roughly four times higher than the default rate for sub-prime home mortgages.  By all rational metrics, this is now a catastrophically failed, and nationally threatening lending system.  We do not have to take this. Cancelling these loans will greatly stimulate the economy.  Analysts estimate that cancelling student loans will increase GDP by over $100 billion for the next ten years, but they fail to account for increased borrowing capacity that will enable people to buy homes, start businesses, etc.  This would be an additional $1 Trillion (roughly) in direct spending in the near/medium term.   This is not a partisan problem.  More than half of all student loan borrowers identify as being politically independent, or republican. "Red" states are being hurt significantly worse than "Blue" states.    Claims that cancelling loans will largely benefit people who don't need it are wrong.  80% of all borrowers were "underwater" on their loans before the pandemic. All borrowers were determined to be "financially needy" as a condition for the loans. More than 40% never graduated. Most borrowers are over the age of 35, and owe far more than younger people despite having borrowed far less.  The most successful student loan borrowers tend to refinance their loans out of the federal system, so they won't benefit. Rest assured, the taxpayers will be fine. The federal government has been profiting greatly on these loans for many years, and the Department of Education has even been making a profit on defaulted loans for decades.  While it is not known how much of the $1.6 Trillion federal portfolio is unpaid principal, it is likely a small fraction of the total. On balance, the taxpayers will have very little- if any- net loss when these loans are cancelled. *** THIS PETITION NEEDS MORE THAN JUST YOUR SIGNATURE TO SUCCEED!  PLEASE DO YOUR PART TO HELP IT GROW: ***   Call both of your senators.   Join your state chapter group, and our Facebook Group. Tell your local media to report on the petition. Give it a boost.   We can do this!  Check out the recent media we've been featured in! Petition created by Alan Collinge, founder of StudentLoanJustice.Org and author of The Student Loan Scam (Beacon Press).  Contact

Student Loan Justice
1,078,525 supporters
Update posted 6 hours ago

Petition to United States Patent and Trademark Office, Joseph R. Biden, Ted Cruz, U.S Patent and Trademark office

Stop evergreening in the pharmaceutical industry

Yes I know I know, the title seems a bit ambitious and idealistic, but there is definitely a way to lessen the amount of loopholes available to pharmaceutical companies. The patent guidelines are vague and subjective, leaving it up to the reader to judge what is novelty/a new idea. For example, here is a quote from Second Generation Patents in Pharmaceutical Innovation, "In order to obtain a patent, patent law requires a claimed invention to be new, to involve an inventive step (non-obviousness), to be susceptible to industrial application (utility), and to be sufficiently supported by a description (sufficiency of disclosure)", I don't know about you but that seems pretty vague to me, with this type of loose wording it is truly up to the decider, not an objective standpoint.  Evergreening is a tactic commonly used in the pharmaceutical industry to prevent competition for a certain product/medicine. When a patent is close to expiring, a company will slightly change the product, whether its changing the dosage, a single chemical in it, or changing the administration of the drug. They barely meet the threshold of the patent requirements, but it gives a brand new lifetime to have that drug with no competition.  The use of the evergreening tactic is all at the expense of the consumer. If you have zero competition, it's really easy to raise the prices to crazy amounts simply because they can. The best solution to this problem is to ask the US department of patents to change their patent law to be more specific to create a more objective standpoint for patents to be created under. 

Tori Chambers
51 supporters
Update posted 8 hours ago

Petition to United Parcel Service, Chris Smith, Congressman Tony Cardenas, Carol Tome

Demand UPS provide Air Conditioning to all drivers

As a nurse of 20 years, I’ve seen dozens of patients who have suffered from heat stroke. Last summer, my husband -- a UPS delivery driver -- was one of them. UPS does not provide air conditioning for their drivers -- even in the blistering summer heat. Join me in demanding that UPS keep their employees safe by adding AC to their delivery trucks. After several days of working in the humid August heat in 2016, my husband woke up feeling ill. Hours later, he was in the emergency room and his kidneys were failing. My husband was re-hydrated and stabilized by a team of doctors. He was one of the lucky ones. Drivers like my husband are at incredibly high risk during summer months, when temperatures in their trucks can climb to 180 degrees. As a result, they can face dehydration and heat stroke, which can have life-threatening consequences. Because UPS won’t protect their employees, drivers like my husband are forced to protect themselves. He tries to save his vacation for the hottest weeks of the year, but it’s nearly impossible to predict. After 14 years as a dedicated employee of UPS, I can’t believe my husband has to worry about his safety at work. UPS: We know you care about your service, now show us that you also care about your people. No one should have to go to work not knowing if they are going to make it home. Sign now to demand that UPS protect their employees.

Theresa Klenk
1,214,323 supporters
Started 10 hours ago

Petition to Andy Beshear, Daniel Cameron Kentucky Attorney General

Petition against AEP Rate Increase in southeastern Kentucky

Join me, Elizabeth Looney, in signing this petition to send to our Governor and Attorney General, against the latest rate increase and financial abuse that continues to be levied against Kentucky’s poorest communities. Every few years AEP raises its rates and most people now have higher monthly power payments than mortgages. Many of our elderly citizens are on fixed incomes with social security, which allows them to collect no more than $800.00 a month. When our monthly power bills are higher than what most draw for the whole month, it should be criminal! We ask that our Kentucky Attorney General and Governor do what is right and immediately investigate and stop the continued financial abuses by AEP and the Public Service Commission and do what is necessary to protect Kentucky’s poorest citizens from this greed and abuse of power!  This is the second petition that I have personally put together and I will keep working and fighting for the people of Letcher County whether I ever hold a public office or not. We cannot survive with such high power costs. Seniors are being forced to give up their independence and move in with their families, and I do not know what our high numbers of unemployed single parents will do to keep their children warm through the winter. This is an ongoing injustice of epic proportions and needs to be remedied immediately! Thank you! 

Elizabeth Looney
40 supporters