by Robert Borosage | Jul 9, 2014 | Blog, Economy, Populist Majority
Over at the Washington Post, the usually sensible Greg Sargent endorses the notion that divisions among Democrats are “mostly trumped up.” The tension between the Wall Street wing of the party and the Warren (as in Elizabeth) wing is an overblown fiction of a press...
by Leo Gerard | Jul 8, 2014 | Blog, Jobs and Growth
Americans devoted Friday to celebrating independence. Flags and fireworks, picnics and pledges of allegiance abounded. But there's no liberty and justice for all if Americans aren't economically independent. Low wages, debts and dim prospects all subjugate. This is...
by Richard Eskow | Jul 8, 2014 | Blog, Financial Reform
It was good to hear President Obama say that reining in Wall Street’s high-risk behavior is an “unfinished piece of business.” It would be even better if this observation were quickly followed by action - the kind of concrete action he can take immediately, with or...
by Dave Johnson | Jul 8, 2014 | Blog, Trade
Different factions of the Republican Party are at war over the Export-Import (Ex-Im) bank. "Corporate/business" Republicans (and most Democrats) want to continue the operation of the Export-Import Bank because it helps companies sell their products outside of the U.S....
by Isaiah J. Poole | Jul 7, 2014 | Blog, Economy, Tax Reform
Fortune Magazine is out with its list of "Top American corporate tax avoiders," members of the S&P 500 that "sure seem American—except when it comes to paying taxes." These are companies that even a top cheerleader for the corporate class can't bring itself to defend....
by Bill Scher | Jul 7, 2014 | Blog, Democracy
Friday I explained at The Week "How Obama's immigration push could hand the House to Democrats." In short, Democrats need a net gain of 17 seats to take back the House. And there are 19 Republican-held House districts – 16 in which the incumbent is running for...