Entries by GRCAdmin

Grassroots Collaborative Statement on Mayor Emanuel’s FY17 Budget Address

Chicago, IL – On Tuesday, community leaders and residents listened as Mayor Emanuel delivered his FY17 budget address. Although Emanuel agreed to release some of the city’s surplus TIF funds under mounting pressure from parents, teachers, community organizations, groups expressed disappointment that Emanuel again failed to ask Chicago’s most wealthy individuals and corporations to contribute […]

Governor Rauner Leaves Public in Dark on Swap Agreements

Illinois was in the national spotlight this week for taking action to hold Wells Fargo accountable for defrauding millions of customers. Illinois state Treasurer Michael Frerichs, Chicago City Treasurer Kurt Summers, and the Chicago City Council took action by withdrawing city and state funds and financial business from Wells Fargo. The move received coverage in […]

Gov. Rauner’s announced agreement on swap payouts to Wall Street banks lack details

  October 4, 2016 Contacts: nathan@grassrootscollaborative.org Gov. Rauner’s announced agreement on swap payouts to Wall Street banks lack details Coalition of educators and human service providers skeptical, demand disclosure of agreement terms SPRINGFIELD, IL – This morning, Gov. Rauner reacted to Illinois educators and human service providers who had gathered for a press conference to […]

Rahm Avoids Criticizing ‘Absentee Fathers’ In Anti-Violence Speech

CITY HALL — Mayor Rahm Emanuel had been expected to talk about the role of parenting in preventing violence in his big speech Thursday, but aldermen and activists cautioned him about the “myth” of the absentee African-American father. In the end, Emanuel seemed to sidestep the issue in his speech on Thursday, and mentioned the word “parenting” […]

Legislators and Community Leaders Meet With SEC

CHICAGO, IL – On Friday, State Representative Andrade, Chicago Alderman Ramirez-Rosa, and community leaders met with Federal Securities and Exchange Commission Regional Director David A.Glockner, and asked that the SEC investigate predatory interest rate swap deals that have caused taxpayers to pay out billions of dollars to Wall Street banks.   “Right now we have […]

Community Leaders Tackle Downward Spiral of Gun Violence in Chicago

A staged funeral procession to Mount Sinai Hospital was one of several discussions that took place Tuesday to address the growing problem of gun violence in Chicago. “I lost a brother, sister, an uncle and two cousins to gun violence right here in this neighborhood,” said Rev. Robin Hood, Illinois Anti-Foreclosure Alliance There is no […]

Over 88,000 Petitioners Demand SEC Action on Toxic Swap Deals

On Thursday, Grassroots Collaborative joined with organizations across the country including Americans for Financial Reform, CREDO Action, Rootstrikers and the Center for Popular Democracy to deliver a petition in which more than 80,000 Americans asked the Securities and Exchange Commission (SEC) to investigate the toxic swap deals squeezing cities and states across the country. The […]

Community Declares State of Emergency in Illinois

On Thursday, while legislators in Springfield move towards stop-gap measures, a broad coalition of organizations representing residents being hurt by the continued state budget impasse will rally in support of a budget that fully funds the services and programs communities need. The last twelve months have devastated the state: after-school programs have closed, summer jobs […]

Wall Street Accountability

Across the country, big wall street banks and financial institutions are making billions off of our cities, states and school districts through predatory (and potentially law-breaking) lending deals. In Illinois, big banks have taken more than $2.4 billion out of our state funds. These funds could have fixed the 2016 CPS budget crisis, provided domestic […]

Who Broke the Economy

Grassroots Collaborative conducts workshops on the economy, equity, and budgets for community members and organizations in Illinois. Working and middle-class communities face constant budget cuts, school closings, and threats of reducing wages and benefits, while the wealthy, corporations and big banks continue to reap record profits. Our interactive training provides vital information on who rigged […]