The Walker Recall

That Gov. Scott Walker survived the recall in Wisconsin is a tragic setback for the stunning citizen’s movement that challenged his extremist agenda in Wisconsin. Its implications are likely to be exaggerated by the right, and underplayed by progressives. Here are some thoughts on its meaning.
Robert Borosage
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Workers of the World Unite — with Shareholders

At Citigroup, shareholders had their say on CEO pay -- and they yelled, "No damn way!" Concerted action by shareholders, workers and public interest groups compelled corporate change in several other cases this spring as well. At least three CEOs resigned.
Leo Gerard
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Tell Congress End Too-Big-To-Fail Make Banking SAFE

JPMorgan Chase’s $2 billion bad bet has made it crystal clear: The Wall Street banksters are still recklessly gambling with government-guaranteed money. And the too-big-to-fail banks are still too big.
Isaiah J. Poole
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Will CEO Pay Excess Outlast Our Shareholder Spring

A string of surprising 'say on pay' votes has some executive pay critics sensing an impending revolution in corporate boardrooms. But that 'revolution' won't amount to much until mainstream CEO pay reformers start factoring worker pay into the corporate compensation equation.

Ryan Budget A Loser In Republican Battlegrounds

House Republicans can call their budget a "Path to Prosperity" all they want, but as far as the American Majority is concerned, it's a path to political defeat for the politicians who support it—if progressives make the right arguments in favor of an alternative that grows the economy and protects...
Isaiah J. Poole
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Romney-Santorum Really Just A One-Man Race Anyway

So it's down to Romney vs Santorum now. But when when it comes to the 1% it’s really just a one-man race. The difference between Romney and Santorum is that while Romney’s policies benefit only the 1%, Santorum’s policies only benefit the 1%.

How Power Suits Subvert the Law of the Land

Lawmakers make laws. They don't enforce them. Corporate America understands that difference — and exploits it with a relentless regularity. The latest case in point: the battle over outrageous CEO pay.

Stress Testing Tim Geithner

Thanks to Occupy Wall Street, in the State of the Union this week President Obama struck some of his most populist themes yet.
Mary Bottari
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Recess Appointments Backlash to Blackmail

In America, when gangs of bullies torment school children, pushing them around and extorting their lunch money, parents know only one response effectively counters the abuse: confrontation.
Leo Gerard
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Mitt or Santorum It Hardly Matters

Don't get too distracted by the fissures in the Republican electorate revealed in Tuesday night's Iowa caucus vote. On basic economic issues, in fact, the candidates are remarkably united; there's hardly eight votes worth of difference between Mitt Romney and Rick Santorum.
Isaiah J. Poole
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Break Up Bank of America Before it Breaks Us

On Monday, Bank of America (BofA) stocks briefly traded for under $5. Yes, you could buy a share of BofA for less than the noxious debit card fee they tried […]
Mary Bottari
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Newt v Mitt Whats The Difference

With one month to go before the Iowa caucuses, the debate among Republican primary voters for the moment is between Mitt Romney and Newt Gingrich. It would be premature to […]
Bill Scher
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Its Not About Cordray

It seems ages ago (Doesn’t it?) that progressives were pushing hard to get Elizabeth Warren appointed to head her brainchild, the Consumer Financial Protection Bureau. We know how that worked […]
Terrance Heath
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Move Your Money Moved 50 Million; Goal Is 1 Billion

The New Bottom Line, one of the organizations leading the “move your money” movement and the national “Bank Transfer Day” on Saturday, announced today that nearly $50 million had been […]
Isaiah J. Poole
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The 99 Seek a Just Economy Not Just an Economy

Republicans jammed together a mess of old, failed and vague schemes and called it a jobs bill. Sen. John McCain conceded the reason for the rehash: “Part of it is […]
Leo Gerard
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Can a Movement Save the American Dream

Co-written with Katrina vanden Heuvel. Originally published at The Nation. On October 3 activists from across the country will gather in Washington at the Take Back the American Dream conference, […]
Robert Borosage
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Nurses to Obama Heal America Tax Wall Street

Janesville, WI — As President Obama gets ready for his big jobs speech Thursday, America’s nurses have a message for him. “Heal America, Tax Wall Street!” the signs read as […]
Mary Bottari
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We Cant Cut Our Way To Prosperity

The following is an oped published in USA Today, rebutting the paper’s editorial stance against additional stimulus. You can read the editorial board’s case here. Twenty-five million people are in […]
Robert Borosage
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Senate Should Stop The Banks Debit Card Money Grab

One of Wall Street’s most brazen disinformation campaigns ever on behalf of a naked money grab from consumers comes to a head on the Senate floor this afternoon, in a […]
Isaiah J. Poole
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High Noon On Wall Street

The bankers are endangering innocent people, their pals are roughing up the law, and the people who should be helping out are sitting on the sidelines doing nothing You can […]
Richard Eskow
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Why Elizabeth Warren Scares Republicans

“There is only one person who should lead the Consumer Financial Protection Bureau and that is the brilliant advocate who championed it, the remarkable administrator who has helped get it […]
Brian Dockstader
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Gingrich Calamity Newt Asks the Right Question

Less than a week after launching his presidential campaign, Newt Gingrich’s candidacy has already been declared "done" and "over" by conservative pundit Charles Krauthammer. Gingrich’s mouth—always faster than his brain—has […]
Robert Borosage
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Wall Street Guilty As Charged

In a piece called “Wall Street: Not Guilty,” financial columnist Roger Lowenstein attempts to defend Wall Street against allegations that it’s a viper’s nest of rampant criminality. His mischaracterization, mockery, […]
Richard Eskow
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Forget Raj Too Big to Fail is Still Too Big to Jail

Some of the headlines about the conviction of hedge fund manager Raj Rajaratnam are misleading or just plain wrong. The Rajaratnam guilty verdict won’t “change the way Wall Street does […]
Richard Eskow
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Deficits Are the New Iraq

Before President Obama announced Bin Laden’s death the big topic in Washington was the deficit. Pundits and politicians alike eagerly anticipated a possible “bi-partisan” budget-cutting deal forged by “selfless” Republicans […]
Richard Eskow
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