Isaiah J. Poole

The New Agenda For Taking On Wall Street

More than 20 progressive organizations representing millions of voters are putting their weight behind a five-point agenda for the next stage of Wall Street reform. What these groups will formally announce Tuesday, in an event featuring Massachusetts Sen. Elizabeth Warren, sets a high but practical standard for what a candidate would have to embrace to be considered a progressive on reining in the financial sector. The Take On Wall Street campaign says it intends to ensure that the voices of working people and consumers are heard above the power and influence of Wall Street.

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Robert Reich

Why Trump Might Win

A new Washington Post/ABC News poll released Sunday finds Donald Trump and Hillary Clinton in a statistical tie, with Trump leading Clinton 46 percent to 44 percent among registered voters. That’s an 11 percent swing against Clinton since March. A new NBC News/Wall Street Journal poll, also released Sunday, shows Clinton at 46 percent to Trump’s 43 percent. Previously she led 50 percent to 39 percent. Polls this far before an election don’t tell us much. But in this case they do raise a serious question. Since he clinched the Republican nomination two weeks ago, Trump has been the object of even more unfavorable press than he was before – about his treatment of women, his propensity to lie, his bizarre policy proposals.

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Dave Johnson

Obama Visits Vietnam To Promote TPP. Wait, VIETNAM? Really?

President Obama is in Vietnam promoting the Trans-Pacific Partnership (TPP). Vietnam? Really? A year ago the post “Obama To Visit Nike To Promote the TPP. Wait, NIKE? Really?,” noted how Nike pioneered moving jobs out of the country to take advantage of low wages and lack of environmental protections in places like Vietnam, which led to many of the problems in our economy today. It seemed that Nike was possibly the worst company to use to support claims that TPP would benefit the American economy. President Obama is scheduled to visit Nike’s Oregon headquarters on Friday to promote the Trans-Pacific Partnership (TPP). Yes, Nike – a company that grew to billions by outsourcing jobs to overseas sweatshops, a company that sets up P.O.-box subsidiaries in tax havens to avoid paying U.S. taxes, a company that uses threats to extort tax breaks from its “home” state.

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Robert Borosage

What Does Bernie Want?

The Democratic establishment and liberal commentariat lathered itself into a fine hysteria last week. What began as a Hillary Clinton surrogate meme – (Bernie has done his job, but now he’s hurting Clinton and should get out of the race) – became a maddened chorus. The predictably angry reaction of Sanders delegates — and truly deplorable behavior by some — to peremptory rulings by a pro-Clinton Nevada party chair was blown into a mythical scene of chair-throwing violence, based largely on a report by a biased reporter who wasn’t even there. The divisive Democratic National Committee Chair Debbie Wasserman Schultz did her best to escalate rather than defuse the situation. Zealous Clinton advocates like Barney Frank and Paul Krugman slurred Sanders’ character because he wouldn’t drop out of the race.

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Jeff Bryant

Why Oppressing Transgender Students Is An Attack On Public Education

It didn’t take long for conservatives to turn their attack on the rights of transgender students into an attack on another favorite target of theirs: public schools. In the pages of the conservative journal National Review, the latest screed declares, “The Obama administration just destroyed the traditional American public school.” First, it’s not hard to miss the dog whistle language in this piece, primarily, using “traditional” as a code word for white, straight and Christian and posing as a victim while arguing for “the right” to discriminate against a vulnerable minority. Nevertheless, the target of conservative ire is the recent joint announcement from the U.S. Departments of Justice and Education that public schools must allow transgender students to use the restrooms and locker rooms that match their gender identity.

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Terrance Heath

Wingnut Week In Review: Masquerade

Just when it seemed things couldn’t get any weirder, it turns out Donald Trump likely masqueraded as his own publicist, during phone calls with reporters — proving he probably belongs in a shrink’s office, instead of the Oval Office. It sounds like the kind of thing a not-very-bright high school student would attempt; impersonating someone else on the phone, in an attempt to stay out of, or get out of trouble. The only difference is that a high school student might be smart enough to do a better job of it, or at least come clean when they’re caught. But there’s smart and then there’s Donald Trump. This week transcripts and recordings surfaced of a 1991 phone call between People magazine Sue Carswell reporter and a man identified as Donald Trump’s publicist, John Miller.

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Dave Johnson

Larry Summers Gets This Right: We Really Need An Infrastructure Decade

Here we are in “Infrastructure Week” and here we are with a new argument for a massive infrastructure investment project – worldwide. Last week Peter Coy wrote at Bloomberg, in “How to Pull the World Economy Out of Its Rut,” about economist Larry Summers’ argument that we need massive public investment. Coy writes that Summers has been “jetting around the world” trying to convince central bankers “to reach out to the governments they work for … and insist on strong fiscal stimulus in the form of infrastructure spending and the like.” (i.e. “Public investment”.) The case for this is very, very strong. Never mind that around the world infrastructure is crumbling.

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Larry Cohen

How to Make the Democratic Nominating Process Actually Democratic

In late July, delegates to the Democratic National Convention will gather in Philadelphia, not only to nominate a president and vice president but to debate a reform agenda for the party itself. Bernie Sanders’ call for a political revolution is centered on democratizing U.S. politics, including the Democratic Party, and his delegation will number at least 1,700. “Big money out and voters in” should be their rallying cry; spending on the 2016 election is on track to exceed the 2012 record of $7 billion. #1 Get superdelegates out of the nominating process As Jesse Jackson’s delegates did in 1988, Sanders’ delegates are likely to demand a significant reduction or elimination of the role of superdelegates in the nominating process. If the Democratic Party wants to broaden its base, it must move toward populism and away from control by the financial establishment.

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Robert Borosage

Ways Bernie Sanders Will Be A Force At The Democratic Convention

The Democratic National Convention in Philadelphia in July seems set to continue the fierce nomination battle – and launch a major debate about what the party stands for. Senator Bernie Sanders, independent of Vermont, won the Oregon primary handily on Tuesday and was barely edged out in Kentucky. Last week, he took West Virginia by almost 16 percentage points. Yet, supporters of former Secretary of State Hillary Clinton are already calling for him to stand down. The Clinton team is intent on putting on a tightly scripted convention show that displays unity behind Clinton and focuses the attack on presumptive Republican nominee Donald Trump. But an early exit by Sanders remains unlikely. He has defined his campaign as building a movement to transform the Democratic Party and change the direction of the nation.

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Dave Johnson

Best-Case Projections For TPP Show Few Benefits, Worse Trade Deficit

The U.S. International Trade Commission (ITC) has released a report predicting the effect the Trans-Pacific Partnership (TPP) will have on the U.S. economy. In the past these reports have been skewed to promote trade agreements, with numbers that turned out to be much better than what actually happened. Even with this history of exaggerated promises of benefits from trade agreements, the ITC says that TPP won’t do all that much for our economy, and will make the trade deficit worse. The ITC report says TPP will increase the U.S. trade deficit by over $21 billion per year and will harm employment in key industries. ITC Reports Have History Of Rosy Projections In the past the ITC reports have made flowery promises about what will happen when we sign trade agreements. The actual results varied considerably and were much worse for the U.S. than projected.

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Bill Scher

“Populist” Trump Wants To Deregulate Wall Street

In an interview with Reuters, Donald Trump pledge to take apart President Obama’s Wall Street reform: The New York billionaire said he planned to release a detailed policy platform in two weeks that would propose dismantling nearly all of Dodd-Frank, a package of financial reforms put in place after the 2007-2009 financial crisis. “Dodd-Frank is a very negative force, which has developed a very bad name,” he said. For a guy who claims he can win the votes of Bernie Sanders’ supporters, he has an odd way of going about it. Certainly Sanders wants Wall Street regulation that goes farther than Dodd-Frank. As he said last year, “Although I voted for Dodd-Frank, I did so knowing it was a modest piece of legislation. Dodd-Frank did not end much of the casino-style gambling on Wall Street.

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Isaiah J. Poole

Ben Jealous On The ‘Gift’ The Sanders Campaign Gave Progressives

The one major achievement that has eluded Bernie Sanders during his presidential campaign was winning the majority of the African-American vote in a primary. In fact, Sanders has never registered more than a third of the African-American vote in a primary or caucus, according to exit polls; in some states, competing candidate Hillary Clinton won more than 80 percent of the black vote. Despite that, Ben Jealous, who was one of the most prominent civil rights activists to jump early onto the Sanders bandwagon, says he has reasons to be hopeful that the progressive movement that arises out of the Sanders campaign will be a multiracial one. In an interview with OurFuture.org, Jealous, the former president of the NAACP who now a partner in a venture capital firm, said there were several reasons African-American political progressives sided with Clinton over Sanders.

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Jeff Bryant

The Growing Crisis Of Our Education Infrastructure

You’ve probably heard about the fierce battle over school bathrooms raging across the country. It’s an important story for sure because transgender students should not be blocked from entering facilities of their gender identity. But the current fight over gender equity shouldn’t take away from another bathroom battle taking place in our nation’s public schools: whether students have access to a functioning bathroom at all. In Detroit, a local news outlet recently reported bathroom facilities in some schools are in such poor states of repair that teachers are forced to tell students, “No, there’s nowhere in the building to go to the bathroom.” Physical conditions in Detroit public schools have gotten so bad, teachers created a Twitter campaign showing pictures of broken toilets, leaking ceilings, moldy walls and buckled floors.

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Terrance Heath

What Will Local Control Hypocrisy Cost The GOP in North Carolina?

Founding Father Thomas Jefferson is often credited with saying, “The government closest to the people serves them best.” Republicans in North Carolina — and elsewhere — think they know better. In Charlotte, North Carolina, “the government closest to the people” approved Ordinance 7056, prohibiting discrimination against LGBT citizens in public accommodations and allowing transgender people to use public restrooms appropriate to their gender identity. One year prior, the ordinance failed in a 6 – 5 vote. This year is passed in a 7 – 4 vote. Two new city council members at large, elected in November, supported the ordinance. It sounds like local democracy in action. Advocates for the ordinance kept working to persuade voters and candidates to support it, and managed to elect two more city council members who voted for it.

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Dave Johnson

Why This New Overtime Rule Is A Big, Big Deal

Overtime pay for working more than 40 hours a week is a right that had been taken away from many workers, but now they are getting the right back, thanks to a new rule the Obama administration issued Wednesday. This is a big, big deal. Soon a lot of people will get to spend time with their families, or get paid for the hours they work past 40 in a week. Currently, if a “salaried” worker makes more than $23,660 a year, the pay stops at 40 hours but the work hours don’t. Employers have been able to squeeze free work out of people just by declaring them to be “salaried.” Again, repeated because it is unbelievable, workers who are paid a salary of $23,660 or more do not get overtime (or any extra pay at all) when they work more than 40 hours in a week.

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Robert Borosage

The Test of Leadership as Sanders Rolls in Oregon

Bernie Sanders won the Oregon primary big last night – 54 percent to 45 percent for Hillary Clinton – while ending in a virtual tie in Kentucky (Clinton, 46.8 percent vs. Sanders, 46.3 percent). Both states were closed primaries, with independents barred from voting. That surely cost Sanders the victory in Kentucky, as he has been winning independents by large margins in primaries across the country. In his victory speech, delivered before a vibrant crowd in Carson, Calif., Sanders attributed his progress to the power of his message.

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Isaiah J. Poole

The Economic Revival Of Our Cities Must Include Everyone

Donna Mossman remembers the day, back in the 1970s living with her parents in an apartment in the Crown Heights neighborhood of Brooklyn, N.Y., that water cascaded through the living room wall. Looking back, that was a life-defining moment. That water incident happened in a rent-controlled apartment building that the owner allowed to go into such disrepair that her family and other tenants were compelled to move out, with the expectation that they would return once the building was refurbished. But that was not to be; the newly renovated apartments were financially out of reach for the former residents. “I vowed that day that I would never allow that to happen to us again,” Mossman says.

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Dave Johnson

New Verizon Strike Day Of Action Thursday

The Verizon strike is still going on, and has passed the one-month mark. This is about working people versus giant corporations that have vast power. The 40,000 striking workers want a few things, but the immensely profitable corporation and its wealthy executives want to crush the union and have been refusing to even negotiate. The workers have been without a contract since August. This weekend the Secretary of Labor Verizon Thomas Perez met with Verizon CEO Lowell McAdam, Chris Shelton, Communications Workers of America (CWA) president and Lonnie Stephenson, president of the International Brotherhood of Electrical Workers in Washington. The company agreed to return to the bargaining table but good luck with that.

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Bill Scher

Nothing Populist About Trump’s Campaign of Character Assassination

You can say this for Donald Trump; he doesn’t delegate the job of attack dog. He likes to scorch his own earth. In what has to be an unprecedented interview, Trump gleefully shared with the New York Times his innermost thoughts on how he plans to rhetorically fillet his opponent: Donald J. Trump plans to throw Bill Clinton’s infidelities in Hillary Clinton’s face on live television during the presidential debates this fall, questioning whether she enabled his behavior and sought to discredit the women involved. Mr. Trump will try to hold her accountable for security lapses at the American consulate in Benghazi … And he intends to portray Mrs.

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Leo Gerard

Really, Really Rich Trump Is No Workers’ Champion

Presumptive Republican Presidential Nominee Donald  “I am really, really rich” Trump is, according to Forbes, the 121st richest person in America. So, yes, he is really, really rich He loves the perks of being really, really rich, like flying to campaign events in one of his own private jets, which means he blithely skips those annoying airport security lines that non-billionaires must endure. He enjoys kicking back in one of his five houses, including the 58-bedroom Mar-A-Lago mansion, where the $600,000 annual property taxes are three times the entire cost of an average American home. And, of course, Trump relishes the power he has to tell workers, “You’re fired.” Born into wealth, Trump attended private schools and inherited $40 million when he was just 28 years old. He didn’t spend summers volunteering for Habitat for Humanity in Appalachia.

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