Report shows American workers worse off from Great Recession
According to a report released today by the Economic Policy Institute American workers are worse off than they were a decade ago, with underemployed and underpaid workers struggling to makes…
JP Morgan’s Dimon lies to Congress
Today marks the second day of testimony before Congress from JP Morgan’s CEO and chief financial officer Jamie Dimon regarding a multi-billion trading loss the bank recently disclosed to investors.…
WI recall vote signals dissatisfaction with Republican austerity measures
Voters in Wisconsin today go to the polls in a recall election that the nation and the world are closely watching in anticipation of what is sure to be a…
Jobless economic recovery stalled by electoral politics, party complicity
The Labor Department released its monthly jobs report today, and the picture was quickly muddled by Democratic and Republican pandering in an election year that is almost exclusively focusing on…
House passes anemic STOCK Act, corruption is business as usual
Last week, Congress passed a much-weakened version of the STOCK Act banning insider trading by its members and their staffers. The law was significantly weakened by failing to place curbs…
Super PAC’s fund American elections
America’s reaction to the Supreme Court’s decision in Citizens United ranges from public outrage visible in the Occupy Wall Street movement to barely concealed glee among wealthy donors who seek…
Republican Response to Obama’s State of the Union Is Weak on Facts
In his third State of the Union address President Obama drew a picture of cooperation between government and business for an America that is “built to last”—a phrase he repeated…
American Trust Inc., or Why we are losing the battle for our democracy
A Gallup News Poll released Monday is telling. Americans trust their bankers more than their elected officials. According to the poll, 64 percent of Americans rate the honesty and ethical…
Highlights from Obama’s speech in Kansas on equality and fairness
On the growth of inequality in America: “But for most Americans, the basic bargain that made this country great has eroded. Long before the recession hit, hard work stopped paying…