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EMBOLDENING CITIZENS AND LEADERS TO STAND UP FOR OUR FUTURE | September 9, 2010 |
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Type of Appointment/Position: Presidential with Senate confirmation To research this nominee, please look for them on at the Progressive Government Institute website and Google.
Please rate this nominee on a scale of 1 to 5, 5 being best.
Nominee's Background: Peter Miguel Camejo (64) is a financier, businessman, political activist, environmentalist, author and one of the founders of the socially responsible investing movement. Camejo is Chair of the Board of Progressive Asset Management of California an investment firm he founded in 1987. The firm specializes in "socially responsible investing" using investments for economic, social, and environmental transformation as well as to empower the true owners of corporations the stockholders. In his book, "The SRI Advantage," (2002) Camejo shows how investing in this manner can actually result in greater profit for investors. Mr. Camejo is a first generation American of Venezuelan decent who was born in 1939 in New York. He has fought for social and environmental justice since his teens. He marched in Selma, Alabama with Dr. Martin Luther King Jr., rallied for migrant farm workers and was active against the war in Vietnam. He was admitted to MIT after receiving a perfect score on the Math SAT test. He attended UC Berkeley where he studied history. In 1967, after winning a student council election at UC Berkeley he was suspended for "using an unauthorized microphone" protesting the Vietnam War. When he was 20 he competed in the Olympics in Italy as a yachtsman. Mr. Camejo has worked to defend the rights of workers and Latinos and other immigrants in the United States. In 1976, twenty-eight years ago, he ran for President as a socialist. His most recent run for office was as a Green Party candidate in the gubernatorial recall election in California. His participation in the debates in that election resulted in him speaking to a worldwide audience. For the last two decades he has brought his sense of economic, social and environmental justice to investing. He created the Eco-logical Trust for Merrill Lynch, the first environmentally screened fund of a major firm. His current firm allows investors to screen for: corporate governance, environmental performance, employee relations, product liabilities, militarism and weapons, nuclear power, genetic engineering, repressive regimes and alcohol/gambling/tobacco. His firm also empowers investors teaching them how to influence the direction of the corporations they partially own through their shares. His firm also has a community investing program so investors can provide financially underserved communities with needed access to capital for the betterment of their business and communities. Mr. Camejo, from 1999 to 2002, served for three years as a county-appointed trustee of the three billion dollar Contra Costa County Employees Retirement Association. In the early 1990s, he was appointed by the Lt. Governor of Hawaii to be an advisor to the Hawaii Capital Stewardship Forum. Active in the environmental movement, Mr. Camejo has served as a member of the Board of Directors of EarthShare in the early 1990s a coalition of over 40 major environmental groupsand on the Council for Responsible Public Investment which he founded. He also helped form the Environmental Justice Fund, to finance and unify environmentalists of color. Mr. Camejo is married and has two children. He is the author of "The SRI Advantage- Why Socially Responsible Investing Has Outperformed Financially," "Racism Revolution Reaction 1861-1877," (1976) as well as other books.
Nominating Speech: Living Wage & Labor Rights Increase employment and job training programs for welfare recipients. Provide childcare for welfare recipients who work. Increase access to public transportation for welfare recipients who work. Use federal TANF (Temporary Assistance to Needy Families) funds to expand state services to include the working poor. Support tax credits to developers for the construction of low-income housing. Increase funding for state job-training programs that re-train displaced workers or teach skills needed in today's job market. Provide tax credits for businesses that provide childcare for their employees. Increase state funds to provide childcare for children in low-income working families. It is unacceptable that many people who work full-time are earning so little that they are still in poverty. Enact "living wage" laws statewide. Fight for the rights of workers, unions, and prevailing wage rules. Our minimum wage has lost half its purchasing power since 1968. It's time to bring it up to date. A person who works full-time at a legal wage ought to be able to afford the necessities of life. This is one of the basic tenets that the people of this country support. Where living wage laws have been enacted, poverty has declined. Let's bring a living wage to all areas of California. Our labor laws need to be updated. As employers have hired fancy consultants and lawyers to get around labor laws, the balance between working people and corporations has gotten out of kilter. We need to have real penalties for employers who fire workers merely for union membership. The Taft-Hartley Act needs to be repealed. Employers need to have sanctions to impel them to reach a contract agreement after the employees vote for union representation. For farm workers, this means that employers and workers must submit to binding arbitration if a contract is not reached in a reasonable length of time. http://www.votecamejo.org/issues/livingwage.php |
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