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.
Most Americans may not know it by listening to Republicans, but reality shows that our deficit is shrinking. And, if you didn't know that, you're not alone. A new poll found that nearly half of Americans think that the deficit is actually increasing.
ALEC is holding its annual conference in Chicago, where corporate lobbyists and Conservative lawmakers will get together - have a few drinks - and create more corporate-friendly, middle-class-destroying legislation.
There’s an undeclared war going on between the rich and the poor right here in the United States and the rich think they’ve found a way to win it. They’ve locked themselves into gated communities, lily-white suburbs, and wealthy urban neighborhoods.
Republicans are gearing up to hold our economy hostage yet again.
Senator Elizabeth Warren wants to make banking boring again.
Yesterday, the Obama Administration announced that one of the major provisions in the Affordable Care Act will be delayed for one year.
One of our nation's richest men, billionaire Nick Hanauer, just destroyed the GOP's economic talking points.
For years now, scientists have been warning us to expect massive storms fueled by warmer weather and higher levels of moisture in the atmosphere.
This week, Apple CEO Tim Cook was questioned in a Congressional Hearing about his company's complex scheme to avoid paying taxes. According to Mr. Cook, the company's stash of billions of dollars in overseas shell corporations was not tax dodging...
For over a week, Republicans have refused to focus on anything but so-called scandal. And, it turns out, that's exactly the way they want it. On Thursday, the Heritage Foundation, a prominent conservative think tank...
Yesterday, in response to recent IRS admissions, President Obama called the enhanced investigation of conservative groups seeking tax-exempt status “intolerable and inexcusable.
After losing the Hispanic vote in the 2012 election, Republicans have attempted to paint themselves as pro-immigration, but it's all an act.
Most of us are still feeling the effects of a struggling economy, but the corporate elite and the Wall Street banksters are doing better than ever. The income gap between workers and CEOs has gone up almost 20% since 2009.
It looks like President Obama is still open to negotiations with Republican economic terrorists. Details of the president’s budget, set to be released April 10th, show that he will offer […]
The Tennessee General Assembly is trying to subvert democracy.
Republicans are already plotting their next opportunity to take our nation hostage.
When you think European financial crisis, you think Greece, or Spain, or Italy.
The Federal Deposit Insurance Corp is supposed to insure deposits and regulate banks, but the agency has helped the banksters avoid trial for their crimes since the 2008 financial meltdown.
House Republicans won't give up on their efforts to voucher-ize Medicare.
Only 4 days after the March 1st Sequester deadline, people around our nation are already starting to feel the pinch of austerity. Customs and Border Protection reduced overtime for TSA […]
You’ve heard of the birthers and the truthers, and probably even the tenthers and the nullifiers. But now it’s time to meet the Simpson-Bowlers. Over the past few years, we’ve […]