by Richard Eskow | Oct 17, 2016 | Blog
The Wells Fargo phony-account scandal may be worse that we’ve led to believe, even after a $185 million fine and the CEO’s resignation. And this isn't Wells Fargo’s first scandal. Its past exploits include discriminatory lending, exploitative payday loans, and a...
by Dave Johnson | Oct 14, 2016 | Blog, Financial Reform
The Securities and Exchange Commission (SEC) is supposed to regulate Wall Street. But it has become a "captured" agency, using its power to block regulation of Wall Street instead of enforcing regulation of Wall Street. Now Senator Elizabeth Warren (D-Mass.) is fed up...
by Hedrick Smith | Oct 14, 2016 | Blog
The following was originally posted at Reclaim the American Dream “We make voting convenient with vote by mail and by sending a voters’ guide to every household in the state,” says Oregon Secretary of State Jeanne Atkins. “We make registration simple, with both...
by Fatima Nayir | Oct 14, 2016 | Blog
Fatima Nayir is the co-owner of Mama’s Pizza in Washington, DC and is a member of the DMV Small Business Alliance, a project of Main Street Alliance. The following in an excerpt from her Washington Post oped in support of a municipal universal paid leave bill. You can...
by Dave Johnson | Oct 13, 2016 | Blog, Tax Reform
"Tax cuts skewed towards the wealthy elite starve our communities of much-needed resources while further tilting the scales towards large corporations and the rich."- Stephen Rouzer at Main Street Alliance If you cut taxes for the rich and giant corporations, what...
by Robert Borosage | Oct 13, 2016 | Blog, Economy
In 2011, President Obama, speaking in the wake of Occupy Wall Street, called inequality the “defining issue of our time.” Now Jason Furman, chair of the Council on Economic Advisors, argues that Obama “narrowed the inequality gap” more than any president in 50 years....