Regulators want to start making banking boring again. Today, five different regulatory agencies are expected to adopt the Volcker Rule, which would redraw a line between regular banking and Wall Street gambling.
As long as politicians are bought and paid for, organizations like ALEC will have dangerous influence over the legislation that effects us all. It's time to put an end to the corporate control of Congress once and for all.
The banksters could be forced to pay tens of billions of dollars more in settlements for crashing our economy. But, these fees are just a small fraction of the price that American taxpayers paid for the economic collapse.
It is a privilege to do business in our nation, and our commons makes those huge corporate profits possible in the first place. If corporations refuse to pay workers what they deserve, then they shouldn't have the right to do business here.
Despite what some believe, bombs and drones are not the only way to resolve international conflict. Negotiation doesn't make world leaders weak, it proves diplomacy is one of the best ways to resolve international conflicts.
On Tuesday, the Justice Department announced that JPMorgan has agreed to a $13 billion dollar settlement over the fraudulent sale of mortgage backed securities. But, that settlement is a fraud in and of itself.
Americans got a peak behind the curtain of the Trans Pacific Partnership, and what we found is frightening. Wikileaks published a draft of the “intellectual property rights” chapter, and it poses a serious risk to free speech and information access.
The latest figures from the Bureau of Economic Analysis show that our nation is recovering from the 2008 recession, but all of that growth is going straight into the pockets of the corporate elite.
We've reports of companies canceling insurance policies, and charging hundreds of dollars more each month to continue coverage. Well, it turns out that many of those cancellation letters were misleading.
The Trans Pacific Partnership could have a dramatic impact on the American people, yet we're being kept in the dark about what it contains. Thankfully, some groups are standing up for our right to know the details of this trade deal.
It's great that Senate Democrats are working on a plan to prevent financial disaster, but Americans would rather see Republicans end this economic hostage taking, and stop using our economy as a pawn in their political games.
Over the weekend, House Republicans approved a so-called compromise to avoid a government shutdown. However, their idea of negotiation was nothing more than ridiculous, right-wing demands they included in the continuing resolution.
On Tuesday, Senator Ted Cruz took the floor of the Senate to launch a pre-arranged, all-night fake filibuster. There was no way it would stop the Senate from voting on a continuing resolution to fund the government.
On Sunday, during a meeting with a group of unemployed workers, Pope Francis abandoned his prepared comments and railed against economic inequality. Hopefully, world leaders were listening.
House Republicans want to slash the food stamp program by nearly $40 billion dollars. While the drastic cuts proposed by the House would never be approved by Senate, they show just how little some lawmakers care about their fellow Americans.
It's no longer just an expression – the rich are getting richer, and the rest of us are being shut out of the game. A new report says that the top 10% took home more than half of all the income in 2012. More than 20% went to the top 1%.
The share of the economy devoted to wages and salaries is below what it was when Teddy Roosevelt was president, all while corporate profits are soaring. A special edition of "The Big Picture" looks at the state of labor in America.
This won't come as a surprise to many of you, unless you are a bankster or a billionaire, you're not being represented in the United States Senate. Senators in the last five Congresses have consistently voted to benefit their wealthy constituents.