by Sam Pizzigati | Feb 10, 2017 | Blog
Michael Piwowar has been seething for some time. Now he’s getting to take his revenge — against the new federal regulation that’s driving America’s mega-millionaire CEOs crazy. This particular regulation spells out how corporations must go about complying with an...
by Sam Pizzigati | Feb 6, 2017 | Blog
Another new study on the devastating impact of the Great Recession — on the middle class — has just come out, this one from the Hudson Institute, a conservative-leaning think tank. America’s richest 10 percent, this latest analysis shows, lost 7 percent of their...
by Sam Pizzigati | Jan 30, 2017 | Blog
How rich have America’s rich become? So rich that they can squirrel away $100 million and then lose track of it. Steven Mnuchin, the Donald Trump nominee for U.S. treasury secretary, did just that earlier this month. All cabinet secretary picks have to file paperwork...
by Sam Pizzigati | Jan 23, 2017 | Blog
The world’s richest and most powerful will go to great lengths to have a good time. They’ll even pretend they relish waxing philosophical — about humanity’s future and fate. Last week, at the annual World Economic Forum high up in the Swiss mountain resort of Davos,...
by Sam Pizzigati | Jan 13, 2017 | Blog
In 1942, Franklin Roosevelt advanced what may have been the most politically daring policy proposal of his entire presidency. FDR called for the equivalent of a maximum wage. No individual American after paying taxes, Roosevelt declared, should have an income over...
