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Tag: Money

Tubman on the 20









Posted on May 2, 2016 ENLARGE


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Why the Racial Wealth Gap Is Widening—and Some Steps to Reverse It (Video)

By Robert Reich

Unless you earn enough to be able to begin to accumulate wealth, you can’t get ahead. That’s why kids from low-income families start out in life at a huge disadvantage—especially children of color.

Posted on May 2, 2016 WATCH & LISTEN


Samantha Bee on Racist, Sexist, Historically Ignorant Responses to Harriet Tubman on the $20 Bill

Placing one of the most important black women in American history on the 20 dollar bill hasn’t been so popular among some conservatives, the “Full Frontal” host explains. 

Posted on Apr 26, 2016 WATCH & LISTEN


$20 Bill









Posted on Apr 25, 2016 ENLARGE



Top Seven Ways Harriet Tubman Is the Most Badass Spy and Warrior Ever to Grace U.S. Currency

Despite getting several years of American history while we’re in school, most of us probably have only a foggy idea of who the woman chosen to replace Andrew Jackson on the $20 bill was.

Posted on Apr 24, 2016 READ MORE



Harriet Tubman Fits the $20 Bill Better Than Andrew Jackson

Since the ancient Greeks began stamping coins with images of their gods, nations have used currency to define a pantheon of heroes.

Posted on Apr 22, 2016 READ MORE


Stephen Colbert on the Money: Harriet Tubman Will Grace $20 Bills; Now, How About That Wage Gap?

“It’s gonna get awkward in your wallet when she runs into Washington and Jefferson.”

Posted on Apr 21, 2016 WATCH & LISTEN


The Twenty Dollar Bill









Posted on Apr 21, 2016 ENLARGE



Harriet Tubman and the Currency of Resistance

What better tribute to her lifetime of struggle could there be than to place her image into the hands of hundreds of millions of people?

Posted on Apr 20, 2016 READ MORE



Fact-Checking Clinton: Obama Never Said Money Wasn’t Corrupting—He Said the Opposite

In Thursday’s debate, she invoked the president to deflect Bernie Sanders’ criticism that voters should “not feel confident” about her, given her dependence on “big-money interests.”

Posted on Apr 15, 2016 READ MORE


‘Young Turks’ Host Cenk Uygur One of 400 Protesters Arrested at Democracy Spring Rally (Video)

The planned act of civil obedience in Washington, D.C., was designed to call attention to government corruption, get money out of politics and restore free and fair elections.

Posted on Apr 12, 2016 WATCH & LISTEN



Nation Books

How Clinton Democrats Killed Roosevelt’s Dream of the Affordable Home

The following excerpt from Robert Scheer’s book “The Great American Stickup” details the perversion of Fannie Mae and Freddie Mac and is particularly relevant this election season, as it explains the connection between Clinton “progressives” and the 2008 housing meltdown that impoverished millions.

Posted on Apr 7, 2016 READ MORE



Trump and Cruz Tax Plans Would Be the Largest Redistributions to the Rich in U.S. History

Tax cuts for the rich proposed by the two leading Republican candidates for the presidency are larger, as a proportion of the government budget and the total economy, than any tax cuts ever proposed.

Posted on Mar 23, 2016 READ MORE



Let’s Ask Obama to Give This Speech Next

It’s time for the president to make federal contractors disclose their political spending.

Posted on Jan 29, 2016 READ MORE



The Devastating Cost of Monetized Elections

When money rules, democracy loses. “Commercializing elections leads to an astonishing similarity among reporters traveling with candidates or those asking questions during so-called debates,” writes consumer advocate Ralph Nader.

Posted on Jan 23, 2016 READ MORE


VIDEO: Dark Money: How Billionaires Are Buying U.S. Elections

Billionaires have found a shady way to secretly finance candidates through nonprofits.

Posted on Jan 22, 2016 WATCH & LISTEN



What to Expect From the U.S. Economy in 2016—Hint: Does the Word ‘Recession’ Ring a Bell?

Economic forecasters exist to make astrologers look good, but this economist will hazard a guess.

Posted on Jan 10, 2016 READ MORE



Why Small Debts Matter So Much To Black Lives

Due to the racial wealth gap, black families have far less in savings than whites. The consequences can be far-reaching and often severe.

Posted on Jan 3, 2016 READ MORE



What’s at Stake This Election Year? Ending the Vicious Cycle of Wealth and Power

The United States has succumbed to a vicious cycle in which great wealth translates into political power, which generates even more wealth and even more power.

Posted on Jan 3, 2016 READ MORE



New York City Lets Luxury Building Owners Stiff Workers and Still Get a Tax Break

City regulators haven’t enforced a 2007 law that requires doormen, janitors and other service workers at taxpayer-subsidized apartment buildings to be paid wages comparable to union rates.

Posted on Dec 31, 2015 READ MORE



How America’s Wealthiest Are Saving Billions Through a Private Tax System

Part of the so-called “income defense industry,” the system involves highly paid tax lawyers, estate planners, anti-tax activists and lobbyists who work in tandem to devise the best strategies for super-rich individuals to save on taxes.

Posted on Dec 30, 2015 READ MORE



The 10 Best 2015 Investigative Reports on Political Money

Some of the year’s most notable in-depth stories on campaign finance, from newsrooms around the country.

Posted on Dec 29, 2015 READ MORE



One-Quarter of Americans Earning $100,000 or More Say They’re Struggling

It may be difficult to sympathize with, but many Americans earning six-figure incomes are living paycheck to paycheck.

Posted on Dec 26, 2015 READ MORE



Have We Hit Peak Inequality?

These 400 billionaires are wealthier than 190 million of their fellow Americans.

Posted on Dec 13, 2015 READ MORE



Minimum Wage Is Not a Livable Wage

Mr. Trump, take it from someone who has lived most of her life below the poverty line: Minimum wage is a starvation wage for many low-income individuals and families.

Posted on Dec 11, 2015 READ MORE



20 U.S. Billionaires Now Own as Much Wealth as Half of All Americans

A new report reveals that the real wealth gap in America is not between the 1 percent and the 99 percent, but between the .0001 percent and everybody else.

Posted on Dec 4, 2015 READ MORE



VIDEO: John Oliver Exposes the Shady Dealings of Daily Fantasy Sports Websites

Daily fantasy sports companies keep trying to pretend that their sites don’t peddle gambling, but the “Last Week Tonight” host disagrees—hilariously.

Posted on Nov 16, 2015 READ MORE


VIDEO: How Islamic State Made Its Billions

This fascinating and informative video from Channel 4 News in the United Kingdom explains how Islamic State is using cash from oil, extortion, taxation and robbery to pay for jihad.

Posted on Nov 9, 2015 WATCH & LISTEN



First They Jailed the Bankers. Now All Icelanders Will Get a Payout From Bank Sale.

Iceland’s revolutionary approach to dealing with the international financial meltdown of 2008 certainly deserves every bit of the attention it has garnered.

Posted on Nov 9, 2015 READ MORE



An Open Letter to Fed Chairwoman Yellen From America’s Beleaguered Savers

“Start imagining what we, the savers, have to endure because of plutocratic, crony capitalism for which the Federal Reserve has long been a leading Tribune.”

Posted on Oct 31, 2015 READ MORE


Rent Too Damn High









Posted on Oct 30, 2015 ENLARGE


VIDEO: Stephen Colbert Dares Donald Trump to Do Something Remarkable With a Million Dollars

Donald Trump talks about a million dollars like it’s chump change. So Stephen Colbert is trying to get him to prove that the amount is a pittance to him by doing something only the “Late Show” host could’ve come up with.

Posted on Oct 29, 2015 WATCH & LISTEN



More Than Half of U.S. Wage Earners Make Under $30,000 a Year, According to a Shocking New Report

Wage statistics for 2014, recently released by the Social Security Administration, provide proof of the claim we all feared was true: The middle class is disappearing.

Posted on Oct 27, 2015 READ MORE



Why Raising the Minimum Wage to $15 an Hour, Even If It Risks Job Loss, Is the Right Thing to Do

Have you noticed how often conservatives who disagree with a policy proposal call it a “job killer”? Yet maybe some jobs are worth risking if a strong moral case can be made—and on this issue, as with many others historically, it can.

Posted on Oct 19, 2015 READ MORE



Half of World’s Wealth Now Owned by 1 Percent of Population

A new report by Credit Suisse reveals worldwide inequality to be growing even faster than experts had predicted.

Posted on Oct 14, 2015 READ MORE



Here’s How We Know Cheap Renewable Energy Is Taking the World by Storm (Video)

The Paris-based International Energy Agency estimates that in just five years, by 2020, slightly over one quarter (26 percent) of all the electricity being generated in the world will come from renewables.

Posted on Oct 11, 2015 READ MORE



What Can Be Done Right Now to Fix the Legal System for Debt Collection

America’s out-of-date, unfair laws for collecting debts could be dramatically improved through these simple steps.

Posted on Oct 11, 2015 READ MORE



Where Do Hillary Clinton and Bernie Sanders Really Stand on Economic Reform?

Giant Wall Street banks continue to threaten the wellbeing of millions of Americans, but what to do?

Posted on Oct 9, 2015 READ MORE


VIDEO: Why Student Loan Debt Isn’t Just a Problem for Millennials

America’s student loan debt is now over $1.2 trillion. But it’s not just hurting millennials. One-third of that debt belongs to people in their 40s.

Posted on Oct 7, 2015 WATCH & LISTEN



Large U.S. Firms Hold $2.1 Trillion Overseas to Dodge Taxes

The 500 largest U.S. companies would owe an estimated $620 billion in U.S. taxes were it not for the more than $2.1 trillion in offshore cash that most of the firms hold in foreign tax havens, according to a study released this week.

Posted on Oct 7, 2015 READ MORE



Donald Trump Proves What’s Wrong With Bankruptcy Laws in America

Bankruptcy was designed so people could start over. But these days, the only ones starting over are big corporations, wealthy moguls and Wall Street bankers, who have had enough political clout to shape bankruptcy laws (like many other laws) to their needs.

Posted on Oct 4, 2015 READ MORE



VIDEO: Why We Must End ‘Upward Pre-Distributions’ to the Rich

You often hear that inequality has widened because globalization and technological change have made most people less competitive while making the best-educated more competitive. But this common explanation overlooks a critically important phenomenon.

Posted on Sep 28, 2015 READ MORE



Gender Equality Would Add 26%, or $28 Trillion, to Global GDP, Report Says

A new report reveals that even though they make up half the population, women generate just 37 percent of world GDP. The potential gain from economic gender equality would roughly equal the U.S. and Chinese economies combined.

Posted on Sep 26, 2015 READ MORE



CEO Who Raised HIV Drug Price by 5,000% Also Hiked Cost of Pill for Children With Incurable Disease

Pharmaceuticals CEO Martin Shkreli is being called the most hated man in America for raising the price of the HIV drug Daraprim from $13.50 to $750 per pill. Now his earlier pricing decisions are being examined. It is being reported that one such decision led to a 2,000 percent price increase for a medication taken by children suffering from a rare kidney disease.

Posted on Sep 23, 2015 READ MORE



Brazil’s Supreme Court Bans Corporate Contributions to Political Campaigns and Parties

The 8-3 ruling will block what has amounted to over 90 percent of campaign funding for leading candidates and eventual winners of Brazil’s recent presidential elections.

Posted on Sep 18, 2015 READ MORE


VIDEO: How Do the 2016 Presidential Candidates Get Their Money?

The 2016 campaign is proving to be the most expensive yet. Watch to find out where and how candidates are getting their cash.

Posted on Sep 16, 2015 WATCH & LISTEN



Colleges With Plenty of Cash Saddle Their Poorest Students With Heaps of Debt

A ProPublica analysis of newly available federal data shows that some of the nation’s wealthiest colleges are leaving their poorest students with plenty of debt.

Posted on Sep 13, 2015 READ MORE



Prosecution of White-Collar Crime Hits 20-Year Low

In 2012, President Obama pledged to “hold Wall Street accountable” for financial misdeeds related to the financial crisis. But as financial industry donations flooded into Obama’s re-election campaign, his Justice Department officials promoted policies that critics say embodied a “too big to jail” doctrine for financial crime.

Posted on Sep 11, 2015 READ MORE



Top 5 Green Energy Breakthroughs Today (Video)

Switching to green energy sources such as wind and solar is necessary to save the planet from increased concentrations of greenhouse gases like carbon dioxide, which cause global warming. And it will also save you money.

Posted on Aug 31, 2015 READ MORE


VIDEO: The Other Side of the Hamptons: The Working Poor

Long established as a playground for the mega-rich, New York’s Hamptons see some beachfront mansions selling for $100 million, and designer boutiques jostle for space on the streets. But beyond the luxury is a side we don’t see, where low-paid workers struggle to get by and 7 percent of the population lives below the poverty line.

Posted on Aug 14, 2015 WATCH & LISTEN


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