The FDIC estimates there are 10 million people living in the U.S. who do not have a bank account — that’s one out of every 13 households. Public banking could fix that, but Walmart wants a piece of the action.
Why is it that any time you hear the word “reform” coming out of Washington it always ends badly for about 99 percent of us? Here are some actual reforms that are need for corporate tax reform.
Undoubtedly there are positives to Eric Holder’s tenure as attorney general, but one really big minus is his decision not to prosecute any of the Wall Street crew whose actions helped to prop up the housing bubble.
You will find extremely little about issue positions on the websites of North Carolina's Thom Tillis, Iowa's Joni Ernst, Louisiana's Bill Cassidy, Alaska's Dan Sullivan, Arkansas' Tom Cotton and Colorado's Cory Gardner.
President Obama has talked about moving towards a nuclear weapons-free world, yet new research shows the U.S. still has a huge stockpile of nuclear weapons and efforts over the next few decades will increase it.
You might not know it, but there's a ban on domestic oil exports. It's is good for the country, but bad for oil companies. That's why the oil industry is attempting an end run around Congress to do something about it.
Just when you thought the plutocratic profiteers running America’s low-wage economy couldn’t get any more clueless, self-serving, pious, and mingy — along comes Lady Maria of Marriott, magnanimously saying: “Let them eat tips."
Google Chairman Eric Schmidt attracted attention when he announced that his company would no longer be funding the American Legislative Exchange Council. Now, companies from across the tech sector, and beyond, are following suit.
Before Reagan working people benefited most from economic recoveries. After Reagan, the top 10% benefited more. After 2000, 90% of us continued to fall behind – when we opened "free trade" with China.
National polls show the GOP to be about as popular as the heartbreak of psoriasis. The Democrats, for all their faults, remain more popular. Republicans are not for anything.
Economic expansions used to improve the incomes of the bottom 90 percent more than the top 10 percent. But starting with the “Reagan” recovery the benefits of economic growth during expansions have gone mostly to the top 10 percent.
The more wealth concentrates, the greater the strain on our biosphere. Top environmentalists get that connection. Now our societies must.
Attorney General Eric Holder’s resignation brought out the nuttiest of wingnuts. Obama saluted with a latte, prompting the usual calls for impeachment. Meanwhile, Kansas raises funds and generates buzz.
Every time a young black man is unjustly killed by police, or private citizens "standing their ground," we are told to "trust the system." Clearly, trusting the system to deliver justice doesn't work. We need a movement that demands it.
If these Republicans win on Election Day, it'll be important to remember why. Not because they were running as unadulterated conservatives, but because they were telling voters they would uphold a pillar of the New Deal.
A campaign by National People's Action is mobilizing grassroots political support for robust Consumer Financial Protection Bureau rules that will rein in the payday lending industry, in anticipation of well-funded pushback.
The conversation was enlightening. It was also alarming – as in, a wake-up call. There's substantial polling data which lays out what must be done. The question is, Will enough Democrats get the message?
Ask people what they think of NAFTA and you'll learn that people get it. People absolutely hate "NAFTA-style" trade deals. People are voting based on this – when given the chance.
Sexism. A culture of violence. Untrustworthy leadership. Runaway inequality. ... We’re not talking about America's top corporations. We're talking about the NFL.
Voters want candidates who will support classroom teachers and oppose funding cuts to public schools. Democrats can make support for public education a winning issue.
Bill Clinton argues that corporate CEOs will soon care more about employees and society than profits. But today's CEO's are cashing out their own companies' futures to line their pockets. Sweet dreams won't change that.
Every couple of generations, the stars align to create the potential for monumental, transformative social change. It turns out we're in just such a moment when it comes to tackling poverty in the United States.
Two "inflation hawks" on the Federal Reserve's open market committee, Charles Plosser and Richard Fisher, will step down from the board in early 2015. That's a chance for working people to have their own representatives.
Extortion is the practice of obtaining something of value through fear, using force, threats or coercion. What does it mean when the owners of big companies say they will move if we don't cut their taxes? This is extortion.
The New York Times caught hell for an article characterizing television producer Shonda Rhimes as an “angry black woman,” but anger is still privileged in “post-racial” America.
Rand's work is shallow econo-porn, part Kraft-Ebbing and part Horatio Alger, possessing neither coherence nor philosophical depth. She writes that Galt’s Gulch represents “the mind on strike,” but it’s more like a work slowdown.
As fast-food workers across the country strike for decent pay, Burger King is still preparing to abandon the US as their home country. How does a burger company get flipped like this and who gets rich when it happens?
It's important to know we can save the planet without much, if any, net cost. It's also important to know we can save the planet and create millions of jobs, if we are willing to pay for it.
On Monday, a day after an estimated 300,000 to 400,000 people participated in the People’s Climate March in New York, a smaller group of activists set out to shut down Wall Street.
Corporate taxes used to be 46 percent. Corporations played an extortion game, saying lower our taxes or we'll move out of the U.S. The U.S. gave in and "reformed" the tax rate to 35 percent. Now the corporations are back for more.
Voter ID laws prevent voting by people Republicans detest, the derided “47 percent” that GOP presidential candidate Mitt Romney spit on. Republicans are robbing citizens of the fundamental right to vote. It’s criminal.
Bill Scher concludes that there are only minor differences within the "Democratic family" which are best resolved without “war”-like primary challenges. It’s an attractive vision. Unfortunately, its also wrong. Unfort
Is Zephur Teachout strategically correct when she says an army of primary challengers is the wisest way to maximize liberal influence within the Democratic Party? Recent history suggests not.
Republicans have obstructed every effort to help the economy. In the Senate they filibustered hundreds of bills. In the House they refused to allow votes on efforts to help the economy. And then there's the sabotage.
While the explanations that blame inequality on technology can get complicated, there were three items in the last week that painted the picture very clearly for the rest of us.
What does pure self-interest really look like? It looks an awful lot like Kim Kardashian. Or Paris Hilton. Or other recent manifestations of America’s celebrity culture.
Getting out the vote in African-American communities is important, but that effort needs to be supported by policies that communities can support to close the persistent wealth gap between black and white people.
As the campaign enters into its last weeks, ordinary voters begin to pay attention. People don't seem to be buying what Republicans are selling. But Democrats can overcome the odds only if they turn to a more populist voice.
With one bizarre Facebook post Rep. Mark Sanford (R, SC) dis-engaged his “Appalachian Trail” “soulmate,” and went from being a comeback kid to being punchline, again. And that’s not even the crazy part.
Scotland’s independence vote has been cast. This historic vote should be studied by all those who want to affect political and economic change around the world, because there are important lessons to be learned.