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July 10, 2014
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Tag: Money

Corporate Personhood

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Posted on Jul 7, 2014 READ MORE



The Politics and Economics of Inequality: A Lecture to the Top One-Tenth of 1 Percent (Video)

Here’s a lecture I gave recently at this year’s Aspen Ideas Festival. The irony of talking about inequality with an audience composed almost entirely of the richest one-tenth of 1 percent of Americans was not lost on me.

Posted on Jul 5, 2014 READ MORE



Freedom, Power, and the Conservative Mind

Freedom is the one value conservatives place above all others, yet time and again their ideal of freedom ignores the growing imbalance of power in our society that’s eroding the freedoms of most people.

Posted on Jul 3, 2014 READ MORE



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French Bank BNP Has Enough Cash to Pay Record $9 Billion Fine

Accused of violating sanctions against Iran, Syria and Cuba, French bank BNP Paribas agreed to pay a jaw-dropping fine, and, perhaps more incredibly, to do so without asking for money.

Posted on Jul 1, 2014 READ MORE



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Break the Koch Machine (Video)

A number of billionaires are flooding our democracy with their money, drowning out the voices of the rest of us. But Charles and David Koch are in a class by themselves.

Posted on Jun 28, 2014 READ MORE



Real Business Leaders Want to Save Capitalism

A few weeks ago I was visited in my office by the chairman of one of the country’s biggest high-tech firms who wanted to talk about the causes and consequences of widening inequality and the shrinking middle class, and what to do about it.

Posted on Jun 21, 2014 READ MORE



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The Three Biggest Right-Wing Lies About Poverty

Rather than confront poverty by extending jobless benefits to the long-term unemployed, endorsing a higher minimum wage or supporting jobs programs, conservative Republicans are taking a different tack.

Posted on Jun 16, 2014 READ MORE



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Al Gore’s Warnings About Inequality and Democracy

The former vice president recently told a tech industry conference when “95 percent of all the additional national income in the U.S., since the recovery began in ’09, goes to the top 1 percent, that’s not an Occupy Wall Street slogan, that’s a fact.”

Posted on Jun 13, 2014 READ MORE



Student Debt: Blame Lawmakers, Tax-Shirking Rich, War on Drugs, Not Universities

Why is tuition so high in state universities that The New York Times is wondering whether families will go on being able to afford it?

Posted on Jun 10, 2014 READ MORE



Ninian Reid (CC BY 2.0)

Elizabeth Warren’s ‘Bank on Students’ Emergency Loan Refinancing Act to Get Obama’s Endorsement

After some initial resistance, President Obama is expected to announce his support Monday for an overhaul of the federal student loan program proposed by Sen. Elizabeth Warren.

Posted on Jun 9, 2014 READ MORE



Seattle Is Right

By raising its minimum wage to $15, Seattle is leading a long-overdue movement toward a living wage.

Posted on Jun 7, 2014 READ MORE



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Private Equity Is Becoming a Public Problem

A few weeks ago, a top official at the Securities and Exchange Commission reported on what he called a “remarkable” amount of potentially illegal behavior in the private equity industry—aka the industry that buys up, changes and sells off smaller companies.

Posted on Jun 6, 2014 READ MORE


Congress

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Posted on Jun 5, 2014 READ MORE


Elizabeth Warren and Thomas Piketty Explain How Wealth Trickles ‘Up,’ Not Down

The two best-selling authors discuss the American economy and the growth of income disparity plaguing the nation in a HuffPost Live segment that shouldn’t be missed.

Posted on Jun 4, 2014 READ MORE



Freedom Summer II

It took guts to take on the power structure of Mississippi a half-century ago. It takes guts to take on the power structure of giant companies like Walmart and McDonalds now.

Posted on Jun 2, 2014 READ MORE



The Economy’s Improving but Americans’ Pockets Haven’t Recovered

For a number of reasons, many workers have been left “at the edge of a financial cliff” despite recent boosts in the economy; a new study analyzes whether drivers treat minorities differently at crosswalks; meanwhile, the evolution of our brains may have come at the cost of our muscles. These discoveries and more after the jump.

Posted on May 29, 2014 READ MORE



Medicare Overpays Billions for Office Visits, Patient Evaluations

The findings by the inspector general of the U.S. Department of Health and Human Services complement a recent ProPublica review that found many doctors bill for services very differently from their peers.

Posted on May 29, 2014 READ MORE



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IRS Delays New Rules for Dark Money Groups

The agency has pushed back indefinitely a hearing on new regulations for social welfare nonprofits that spend money on politics.

Posted on May 24, 2014 READ MORE



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The Election of a New European Parliament

Elections like those taking place this weekend are traditionally unsatisfactory, but this year they may provide an unprecedented shock.

Posted on May 23, 2014 READ MORE


Stephen Colbert Meets His Match in Elizabeth Warren

Even the pseudo right-wing pundit falls victim to Sen. Elizabeth Warren’s compelling arguments.

Posted on May 20, 2014 READ MORE


Net Neutrality

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We decided internet service should reflect the rest of our economy...
Posted on May 20, 2014 READ MORE



Credit Suisse Pleads Guilty on U.S. Felony Charge, Gets $2.6 Billion Fine

Credit Suisse pleaded guilty and was fined $2.6 billion for helping Americans avoid taxes, the first time in 20 years a major bank has been punished on U.S. criminal charges.

Posted on May 20, 2014 READ MORE


Student Loan

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Posted on May 19, 2014 READ MORE


Graduation

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Posted on May 18, 2014 READ MORE


Benghazi Bucks

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Posted on May 18, 2014 READ MORE



Gil C / Shutterstock.com

The Two GOP Establishments

The language commonly used to describe the battle going on inside the Republican Party is wrong and misleading. The fights this spring are not between “the grass roots” and “the establishment,” but between two establishment factions spending vast sums to gain the upper hand.

Posted on May 15, 2014 READ MORE



Frederic Legrand / Shutterstock.com

Tim Geithner and the Wall Street Bailout Redux

Timothy Geithner’s new book about the financial crisis, “Stress Test,” is basically an argument that the Wall Street bailout succeeded.

Posted on May 14, 2014 READ MORE



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How to Shrink Inequality

Some inequality of income and wealth is inevitable, if not necessary.

Posted on May 14, 2014 READ MORE



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The ‘SuperPAC to End All SuperPACs’ Meets Its Fundraising Goal in Less Than Two Weeks

Lawrence Lessig, godfather of the Creative Commons, has called a “mayday on this democracy,” and with 18 days left before his self-imposed deadline, MayOne.US met its $1 million crowdfunding goal.

Posted on May 14, 2014 READ MORE


One Man’s Failure

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Posted on May 13, 2014 READ MORE



AP/Manuel Balce Ceneta

Impeach Clarence Thomas?

While the Constitution allows even Supreme Court justices to be impeached, it has happened only once in our nation’s history.

Posted on May 12, 2014 READ MORE



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Don’t Be Fooled: FCC Chairman Appears Determined to F Up the Internet

Under immense pressure from corporations and consumers alike, former cable-industry-lobbyist-turned-FCC-chair Tom Wheeler will reportedly revise his scheme to create an Internet toll road, but early reports suggest the new version will make no difference.

Posted on May 12, 2014 READ MORE



White House/Pete Souza

The Democrats’ Strategic Ambiguity

Bragging about what they’ve achieved is what incumbent politicians do. But as Democrats struggle to hang on to the Senate this year (and try against the odds to take over the House), they are not in the usual boasting mood.

Posted on May 12, 2014 READ MORE



Can Something in Soy Sauce Help Treat HIV?

There’s a molecule in the condiment likely hiding in your refrigerator that may stop HIV from spreading in the body; the French government is getting help from Chinese cops to protect tourists visiting from East Asia; meanwhile, donors can now give money to political campaigns using Bitcoin. These discoveries and more after the jump.

Posted on May 10, 2014 READ MORE



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Four Ways You Can Seek Back Pay for an Unpaid Internship

Think you’re entitled to be paid for your unpaid internship? Here are resources you should know about.

Posted on May 10, 2014 READ MORE



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Why Obamacare Can’t Lower Costs

The president and his advisers based their health care plan on a bogus premise, which is why it will continue to provide opponents of the law with ammunition.

Posted on May 9, 2014 READ MORE



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An L.A. Story That’s All Too Familiar

When a city is forced to spend more on Wall Street fees than on basic public services, it is the sign of trouble.

Posted on May 9, 2014 READ MORE



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The Six Principles of the New Populism (and the Establishment’s Nightmare)

More Americans than ever believe the economy is rigged in favor of Wall Street and big business and their enablers in Washington.

Posted on May 7, 2014 READ MORE



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All the Presidents’ Bankers: The Hidden Alliances That Drive American Power

In this excerpt from her best-selling new book, Nomi Prins writes about the period during the administration of Lyndon Johnson when bankers began to move away from the president as they saw their global ambitions hemmed in by the Vietnam War.

Posted on May 6, 2014 READ MORE



Lewis Lapham and Thomas Frank Forecast the Next American Revolution

The Harper’s Magazine associates have had their eyes on America and its moneyed rulers for a combined nine decades. In a bookstore conversation about the latest issue of Lapham’s Quarterly, they name the forces conspiring to drive the nation into another age of upheaval.

Posted on May 4, 2014 READ MORE



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Dark Money Group Sues IRS Over Targeting, Disclosure

A conservative nonprofit sued the Internal Revenue Service on Monday because the agency targeted it for extra scrutiny and disclosed the group’s application for tax-exempt status to ProPublica.

Posted on Apr 30, 2014 READ MORE



Welcome to the Future of Construction: 3-D Printing

A company printed 10 small buildings in Shanghai in just one day; Ron Paul explains his thoughts on Bitcoin; meanwhile, the Supreme Court is pondering whether cops require warrants to look through cellphones. These discoveries and more after the jump.

Posted on Apr 30, 2014 READ MORE



i4lcocl2 / Shutterstock.com

Wall Street’s Secret Swindle

In the national debate over what to do about public pension shortfalls, here’s something you may not know: The texts of the agreements signed between those pension funds and financial firms are almost always secret.

Posted on Apr 25, 2014 READ MORE


The 28th Amendment: Getting the Money Out of Politics

This week on Truthdig Radio in association with KPFK: The movement to kill corporate personhood hits the road, Sonia Sotomayor dissents, the state of immigration reform, and Free Press tries to save the Internet from the FCC.

Posted on Apr 24, 2014 READ MORE


The 28th Amendment: Getting the Money Out of Politics

This week on Truthdig Radio in association with KPFK: The movement to kill corporate personhood hits the road, Sonia Sotomayor dissents, the state of immigration reform, and Free Press tries to save the Internet from the FCC.

Posted on Apr 24, 2014 READ MORE



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FCC Chairman Wants to Help Your Cable Company Screw Up the Internet

A proposal by FCC chair Tom Wheeler obtained by The Wall Street Journal would allow companies such as Comcast to finally kill net neutrality.

Posted on Apr 23, 2014 READ MORE



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This Researcher Devised His Own Low-Cost Cancer Treatment and Won

Michael Retsky wasn’t your typical cancer patient. His own research showed the problems with existing treatments, so he helped model a new one.

Posted on Apr 23, 2014 READ MORE



marsmett talahassee (CC BY-NC-SA 2.0)

Government = Protection Racket for the 1 Percent

The evidence of income inequality just keeps mounting.

Posted on Apr 23, 2014 READ MORE



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Meet the Doctor Who Gave $1 Million of His Own Money to Keep His Gun Research Going

Federal funding for research on gun violence has been restricted for nearly two decades, but at least one doctor isn’t willing to give up on work that could save lives.

Posted on Apr 22, 2014 READ MORE


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