by Richard Eskow | Aug 8, 2014 | Blog, Financial Reform
Preliminary reports say that a $16 to $17 billion settlement will soon be announced between the Justice Department and Bank of America. That would break the record for the largest bank settlement in history, set less than a year ago by a $13 billion agreement between...
by Isaiah J. Poole | Aug 7, 2014 | Blog, Jobs and Growth
The right-wing argument that we shouldn't increase the minimum wage because doing so especially hurts the job prospects of young and low-skilled workers is not standing up to scrutiny. The latest evidence comes from two University of Delaware economists who have...
by Robert Borosage | Aug 7, 2014 | Blog, Populist Majority, Progressive Vision
Should populists declare victory and go home? Despite money-drenched politics, Washington gridlock, the richest few capturing virtually all the income growth in the economy and corporations deserting the country to avoid taxes, the fanciful notion that populists have...
by Dave Johnson | Aug 6, 2014 | Blog, Trade, Trans-Pacific Partnership
In a Detroit News op-ed this week, Michigan Republican Senate candidate Terri Lynn Land separated herself from most Republican lawmakers and voiced opposition to the Trans-Pacific Partnership (TPP) trade agreement currently being negotiated. Her op-ed included this: I...
by Bill Scher | Aug 6, 2014 | Blog, Democracy
David Brat's Republican primary defeat of Rep. Eric Cantor (Va.) was widely attributed to a groundswell of right-wing anti-immigrant fervor, despite the fact that Cantor had taken the lead in blocking immigration reform, and despite the fact that their congressional...
by Roger Hickey | Aug 6, 2014 | Blog, Tax Reform
Yesterday afternoon the Wall Street Journal’s MarketWatch reported the news: “Walgreen Stock Tumbles on Report It Won’t Invert.” Citing unnamed sources (and Sky News), the bulletin reported that Walgreens has decided not to “invert” the company’s nationality to become...
