Archive
SEC Finally Moves Rule Requiring Disclosure Of "Pay Ratios"
The law requires companies to disclose total CEO pay, the median pay of all other employees, and the ratio between the two. This gives some idea if the company is being looted from the top.
Progressive Breakfast
Poverty Rate Refuses To Budge Poverty rate stuck at 15%, finds Census. Time: "The poverty rate and the number of people living in poverty haven’t budged since 2011 despite the slowly improving economy ... Before the last recession began in 2007, the rate was 2.5...
Your Household Lost $7,000 Last Year. Where Did It Go?
If you’ve read the new Census Bureau on income, poverty, and health insurance you may be asking yourself: Where did my $7,000 go? The average under-65 household in the United States has lost $7,490 in annual income.
City of Richmond Fights Foreclosures and Wall Street
The City of Richmond, California is fighting back against Wall Street's mortgage fraud and foreclosure criminality. It's one of a handful of municipalities that is using eminent domain to stop foreclosure abuse, and it's being very smart about it.
Do Free-Trade Agreements Create Jobs?
The corporate push to get Congress to approve the Trans-Pacific Partnership (TPP) trade agreement is about to begin. Again and again we have been promised that these trade agreements "create jobs" and grow the economy. So do they?
America’s 'Education Spring' Goes Mainstream
With a new school year in session, there is widespread evidence that America's Education Spring is affecting voters at the ballot box, lawmakers in state capitals, and policy administrators carrying out new directives.
Stop Playing Games With Food Stamps
Apparently some Republicans now think it's a "moral hazard" to feed the poor. It's bad enough that Republicans are proposing $40 billion in cuts to food stamps, but call it a moral act beggars belief.
Welfare Reform 2.0: Alleviating Hunger Is A Moral Hazard
The Republicans are calling their attack on food stamps "welfare reform 2.0." Because when people become dependent on government assistance for food they lose the ability to work. Or something.
Progressive Breakfast
GOP Running Out Of Tricks To Keep Government Open... Congress out of gimmicks. NYT: First came the 'supercommittee,' ... Then came the 'McConnell plan,' a way for Congress to raise the government’s debt limit without actually voting to do so. And in January there was...
Memo to Washington: The Occupy Movement Lives
The Occupy movement wasn’t the foundation for change; it was the reflection of a deeper desire for it. It was the effect, not the cause, and it won’t disappear because of the wishful thinking of a few.
