Archive
Wells Fargo Had a Bad Day. That’s a Start.
People looking for drama in Wells Fargo CEO John Stumpf’s Senate testimony on Tuesday did not come away disappointed – even if he did not crack on the stand and admit everything like the villain in a Perry Mason episode.
Morning in America, Delivered by Democrats
Despite incomes and health insurance coverage rising while unemployment, poverty and food insecurity all falling, Donald Trump says America is a hellhole. Perhaps that’s because he can’t accept morning in America delivered by Democrats.
Michigan Leads Nation ... In Denying Child Care To Low-Income Families
Lawmakers in Michigan are about to walk away from $20.5M in federal funding for child care because they won’t commit to spending $7.5M in state money to help working families. Michigan returns the most unused federal dollars every year.
Progressive Breakfast
Hillary Criticizes Wells Fargo Hillary Clinton writes open letter to Wells Fargo customers: "Today, Wells Fargo’s CEO will appear before Congress. He owes all of you a clear explanation as to how this happened under his watch ... we need to defend the Consumer...
Banks Used Low Wages, Job Insecurity To Force Employees To Commit Fraud
Wells Fargo used job insecurity, poverty-level wages, extreme sales quotas and high pressure as financial incentives to force employees to fraudulently open accounts.
7 Hard Rounds of Questions for John Stumpf, Wells Fargo CEO
Here are seven concerns, and seven sets of questions, that should be posed to Stumpf – either at Tuesday's Senate Banking Committee hearing or as part of a more rigorous investigation.
Where Are The Issues?
One candidate offers actual policies and proposals. The other offers entertainment. Which one does the "news" media flock to? Which candidate is receiving the news coverage — the policy wonk or the entertainer? We all know the answer.
Trump’s Yuge Bamboozle
Trump says his tax cuts would cost $4.4 trillion over 10 years, most of it paid for by economic growth. We’ve been here before. Both Ronald Reagan and George W. Bush tried “trickle-down” economics. We should have learned two lessons.
There’s No Debate
Let’s call the whole thing off. Not the election. No, we mean the presidential debates — which, if the present format and moderators remain as they are, threaten an effect on democracy more like Leopold and Loeb than Lincoln and Douglas.
Progressive Breakfast
Are Incomes Rising Fast Enough? Hedrick Smith finds recent middle-class income gains insufficient: "...It’s an important milestone worth cheering that last year, families smack in the middle of the middle class saw their household incomes rise by 5.2% ... But what’s...
