Archive
Double Trouble: Get Ready For The Next IRS "Scandal"
On top of the troubles the administration is facing over Benghazi, the IRS, and the Justice Department's seizure of AP phone records, Republicans hope to target Health and Human Services Secretary Kathleen Sebelius.
Let's Tell Multinational Corporations To Just Pay Their Taxes
At yesterday's Senate hearing the CEO of Apple said they follow the law when they "defer" billions and billions of dollars in taxes they owe by keeping profits "out of the country." He's talking about the "Subpart F" corporate tax loophole that practically forces...
Republican Response To Sequester: It's Bad. Let's Make It Worse.
Republicans have been eager to blame the sequester on President Obama, and complain when certain cuts affect their districts. But beyond proposing robbing-Peter-to-pay-Paul solutions for things like protecting air traffic controllers, what do Republican want to do...
Underwater Homeowners Demand Justice from Justice (Video)
On Monday afternoon 27 people were arrested in front of the Department of Justice protesting the government's limp response to the mortgage crisis. Arrestees included activists from faith, progressive and labor organizations.
What's Wrong With Jamie Dimon is What's Wrong With America
A lot of people have attacked JPMorgan Chase CEO Jamie Dimon over the years, including this author. After today’s shareholder votes at JPM, Mark Gongloff is right to describe Dimon as a “cult leader.” Gongloff quotes critics, like Public Citizen’s Bart Naylor who...
A hero's on the way!
Change is coming to the most important government agency that most Americans never heard of. For many months, a broad coalition of housing, consumer protection, and civil rights groups has been calling on President Obama to replace the acting head of
We're Subsidizing The Group That Wants More GOP Obstruction.
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...
This Isn't Smart: House GOP Bill Would Raise Student Loan Interest Rates
As part of their latest effort to rebrand the GOP as a more caring party, House Republicans are scheduled this week to put forward a student lending bill called the "Smarter Solutions for Students Act." But the label is misleading. A more appropriate name would be the...
Apple Tax Hearing - Two Simple Suggestions
The "Apple hearing" is underway (Go Sen. Levin!!) with Apple CEO Tim Cook explaining why Apple "can't" bring back over $100 billion they have parked outside the country because they would have to pay the taxes they owe. Senator after senator is explaining that our tax...
The Elderly Poor --- There Are A Whole Lot Of Them
This report by the Kaiser Family Foundation about elder poverty is shocking. I don't think people realize just how many millions of people are barely subsisting in their old age, but it's many more than the government likes to admit to. Just as with the Chained-CPI, we're dealing with how they are accounted for rather than the actual numbers these people are forced to live on.
