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Will Government Use Its New Leverage Over the Financial Industry?

If you read one business book this year, make it “Flash Boys” by Michael Lewis. The journalist famous for “Moneyball” and “The Big Short” takes readers inside the parasitic world of high-frequency trading that is harming the broader economy.

Posted on Apr 18, 2014 READ MORE



401(K) 2012 (CC BY-SA 2.0)

Even After Doctors Are Sanctioned or Arrested, Medicare Keeps Paying

A ProPublica analysis of recently released data shows that dozens of physicians who received payments from Medicare in 2012 had been kicked out of Medicaid, charged with fraud, or settled claims of overbilling Medicare itself.

Posted on Apr 17, 2014 READ MORE



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Happy Tax Day, and Why the 1 Percent Pay a Much Lower Rate Than You

It’s tax time again, April 15, when our minds turn toward paying the taxes we owe or possibly getting a tax refund.

Posted on Apr 15, 2014 READ MORE


Big Party Donors Make Congress the Marketplace of Ideas

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Posted on Apr 15, 2014 READ MORE


Gourmet

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Posted on Apr 14, 2014 READ MORE


SCOTUS Decision

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Posted on Apr 14, 2014 READ MORE


Supreme Court Decision

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Posted on Apr 13, 2014 READ MORE



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In Chicago, You Have to Pay to Play With Public Money

In America, there is regular ol’ corruption, and then there is Chicago Corruption, with a capital “C.”

Posted on Apr 11, 2014 READ MORE


United States of John Roberts

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Posted on Apr 10, 2014 READ MORE


Free Speech

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Posted on Apr 10, 2014 READ MORE



What Newly Released Docs Tell Us About the IRS and How It Handles Dark Money Groups

Here are five takeaways ProPublica found from the documents released Wednesday by a House committee.

Posted on Apr 10, 2014 READ MORE


Voter Suppression

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Posted on Apr 9, 2014 READ MORE



Why the Minimum Wage Should Really Be Raised to $15 an Hour

Momentum is building to raise the minimum wage to $10.10. But we need to be more ambitious.

Posted on Apr 9, 2014 READ MORE


Beaten

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Posted on Apr 8, 2014 READ MORE



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Party Loyalty: Why the Supreme Court Is Wrecking Our Democracy

It’s a shame that the Republican majority on the Supreme Court doesn’t know the difference between an oligarchy and a democratic republic.

Posted on Apr 7, 2014 READ MORE


Wizards of Ooze

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Posted on Apr 7, 2014 READ MORE


Wall Street Rigged

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Posted on Apr 7, 2014 READ MORE


Supreme Court: McCutcheon v. FEC

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Posted on Apr 6, 2014 READ MORE


Money Equals Speech

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Posted on Apr 5, 2014 READ MORE


Donors

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Posted on Apr 5, 2014 READ MORE



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Friday’s Jobs Report and the Supreme Court’s McCutcheon Debacle

What does the Supreme Court’s McCutcheon decision this week have to do with Friday’s jobs report, showing 192,000 new jobs for March?

Posted on Apr 5, 2014 READ MORE



Signe Wilkinson

McCutcheon and the Vicious Cycle of Concentrated Wealth and Political Power

If wealth and income weren’t already so concentrated in the hands of a few, the shameful McCutcheon decision by the five Republican appointees to the Supreme Court wouldn’t be as dangerous.

Posted on Apr 5, 2014 READ MORE



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On Our Highest Court, a Former Lobbyist Guts Campaign Finance Reform

For a large and bipartisan majority of Americans, the increasing power of money in politics is deeply troubling. But not for the conservative majority of the United States Supreme Court, whose members appear to regard the dollar’s domination of democracy as an inevitable consequence of constitutional freedom—and anyway, not a matter of grave concern.

Posted on Apr 4, 2014 READ MORE



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The Labor Market’s Double Standards

Technology, sports and politics are distinct worlds. They have their own junkies, their own vernaculars and their own peculiar customs. Yet, in recent weeks you may have noticed a common economic argument coming from those worlds’ respective leaders—an argument about who should have a right to engage in collective action and who should not.

Posted on Apr 4, 2014 READ MORE


Happy Hour

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Posted on Apr 4, 2014 READ MORE


Money Votes

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Posted on Apr 4, 2014 READ MORE


Activist Says U.S. Using Terrorism Charges to Stifle Political Dissent

This week on Truthdig Radio in association with KPFK: Why is the FBI harassing peace activists in the Midwest? Also: The Sunlight Foundation’s plan to fight money in politics, the mystery of Canada’s vanishing women, and the threat of big data.

Posted on Apr 3, 2014 READ MORE


Activist Says U.S. Using Terrorism Charges to Stifle Political Dissent

This week on Truthdig Radio in association with KPFK: Why is the FBI harassing peace activists in the Midwest? Also: The Sunlight Foundation’s plan to fight money in politics, the mystery of Canada’s vanishing women, and the threat of big data.

Posted on Apr 3, 2014 READ MORE



Vietnam’s Solution for Corrupt Bankers: Firing Squads

For the most part, American bankers whose rash pursuit of profit brought on the 2008 global financial collapse didn’t get indicted. They got bonuses.

Posted on Apr 3, 2014 READ MORE



AP/Cliff Owen

Is It Time to Jump Down the First Amendment Rabbit Hole With Clarence Thomas?

It’s painful to say, but given the perverse logic of the Supreme Court’s recent decisions, Justice Clarence Thomas may be correct about the direction of federal campaign finance law.

Posted on Apr 2, 2014 READ MORE



Climate Science’s Dire Warning: Humans Are Baking the Planet

The majority of the world is convinced that humans are changing the climate, for the worse. Now, evidence is mounting that paints just how grim a future we are making for ourselves and the planet.

Posted on Apr 2, 2014 READ MORE



AP/Cliff Owen

Scott Walker Doesn’t Want You to Vote

Across the land, Republican state legislators have shouted “voter fraud, voter fraud” to justify various schemes to restrict voting. Wisconsin Gov. Scott Walker is now leading the charge.

Posted on Apr 2, 2014 READ MORE



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How Pacifica Can Become the Media That We Need

America’s first public radio network is reportedly in trouble. This is a vision to stabilize and save Pacifica.

Posted on Apr 2, 2014 READ MORE



Illustration by Donkey Hotey (CC-BY)

How Sheldon Adelson and the American Oligarchs Are Ruining Democracy

Ironically, at the same time as I was holding town meetings in Vermont, a handful of prospective 2016 Republican presidential candidates (Jeb Bush, John Kasich, Chris Christie and Scott Walker) trekked to Las Vegas to audition for the support of Sheldon Adelson, the multibillionaire casino tycoon who spent at least $93 million underwriting conservative candidates in the last election cycle.

Posted on Apr 1, 2014 READ MORE



We Should Be Talking About the 1 Percent of the 1 Percent

It’s really the 0.01 percent of Americans who are leaving us all behind; one answer to fighting climate change is vegetarianism; meanwhile, is the beer in Britain spying on you? These discoveries and more after the jump.

Posted on Apr 1, 2014 READ MORE



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The Distributional Games

Why would people turn down a deal that made them better off simply because it made someone else far, far better off?

Posted on Apr 1, 2014 READ MORE



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Who Cares About the Value of Work?

Sen. Patty Murray, D-Wash., favors a minimum wage increase to $10.10 an hour, but she also has other ideas that would help Americans at the bottom of the income structure to earn more.

Posted on Mar 31, 2014 READ MORE


Payday Loan Hearings

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Posted on Mar 30, 2014 READ MORE


Sheldon Adelson

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Posted on Mar 29, 2014 READ MORE



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Let Them Eat NCAA Brackets

There are many modern-day analogies to Marie Antoinette’s attitude toward the proles during the 18th century, but nothing quite like Warren Buffett’s billion-dollar giveaway.

Posted on Mar 28, 2014 READ MORE



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Big Business Rewards California Democrats for Passing Model ALEC Legislation

It may be “the most anti-consumer bill ever introduced in California,” and it was approved and signed into law by Democrats.

Posted on Mar 26, 2014 READ MORE



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The New Billionaire Political Bosses

Charles and David Koch should not be blamed for having more wealth than the bottom 40 percent of Americans put together.

Posted on Mar 26, 2014 READ MORE


World in the Grip of Big Agri-Food

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Posted on Mar 25, 2014 READ MORE



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Paul Ryan’s Excuse to Do Nothing About Poverty

Blaming poverty on the mysterious influence of “culture” is a convenient excuse for doing nothing to address the problem.

Posted on Mar 24, 2014 READ MORE



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Who Controls the Kochs’ Political Network?

Obscure limited liability companies have ultimate say over the Koch network’s nonprofits, which spend hundreds of millions of dollars to advance conservative causes.

Posted on Mar 17, 2014 READ MORE



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No Hope Politics

Listlessness is bad politics. Defensiveness is poor strategy. And resignation is never inspiring.

Posted on Mar 17, 2014 READ MORE


Bankers and Big Data

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Posted on Mar 16, 2014 READ MORE



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The ‘Paid-What-You’re-Worth’ Myth

If you still believe people are paid what they’re worth, take a look at Wall Street bonuses.

Posted on Mar 15, 2014 READ MORE


Republican Lifeguard

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Posted on Mar 14, 2014 READ MORE


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