by Richard Eskow | Oct 8, 2014 | Blog, Financial Reform
A lawsuit currently being tried in the U.S. Court of Federal Claims argues that AIG shouldn’t have been treated any more harshly than Goldman Sachs, Bank of America, or any of the other institutions the government rescued. There’s merit to that argument. It goes on to...
by Isaiah J. Poole | Oct 7, 2014 | Blog, Jobs and Growth
Last week's report that the unemployment rate had fallen below 6 percent for the first time since July 2008 sparked a wave of optimistic talk about the job market regaining its health. Today comes the reality check: The Bureau of Labor Statistics' monthly report on...
by Dave Johnson | Oct 7, 2014 | Blog, Jobs and Growth
Amazon has passed along the following response to Monday's post, "Amazon Wage Theft Case Comes Before The Supreme Court": I saw your story mentioning Amazon today. I wanted you to have our statement. We have a longstanding practice of not commenting on pending...
by Richard Eskow | Oct 7, 2014 | Blog
The kindest word one can apply to Attorney General Eric Holder’s record is “undistinguished.” Now that his time in office is drawing to a close, it’s clear that his failure to pursue criminal bankers will always overshadow his other accomplishments in public memory....
by Isaiah J. Poole | Oct 7, 2014 | Blog, Jobs and Growth, Minimum Wage
When restaurant workers around the country this year mounted strikes and demonstrations to push for higher wages, Saru Jayaraman and the organization she helped to create, Restaurant Opportunities Centers United, were at the front lines with them, highlighting their...
by Dave Johnson | Oct 6, 2014 | Blog, Jobs and Growth
Picture this: You are supposedly "off work" but every day after the end of your shift you have to wait in a line for up to 25 minutes to get "checked" to see if you are stealing things. The Supreme Court is going to decide if you should be paid for your time. This is...