“The Morality Brigade”: Our Democracy Needs To Be Protected From The...
We’re still legislating and regulating private morality, while at the same time ignoring the much larger crisis of public morality in America. In recent weeks Republican state legislators have decided...
View Article“Taxing The Most Vulnerable”: Student Loan Debt Is Bad For Women And Congress...
How bad is the wage gap for women in the workplace? For college graduates, it’s so bad that it begins even before women begin their careers. According to a study by AAUW, Graduating to a Pay Gap: The...
View Article“Our Democracy Is Drowning In Big Money”: JP Morgan Chase, The Foreign...
The Justice Department has just obtained documents showing that JPMorgan Chase, Wall Street’s biggest bank, has been hiring the children of China’s ruling elite in order to secure “existing and...
View Article“Bad Incentives Haven’t Gone Away”: You Still Need To Care About Sky-High...
According to a new regulatory filing, Bank of America CEO Brian Moynihan received a compensation package for 2013 worth $14 million, a $2 million increase over 2012. This places Moynihan third on the...
View Article“Low Wage Jobs Endanger Nothing”: Wall Street’s 2013 Bonuses Were More Than...
Purveyors of Ferraris and high-end Swiss watches keep their fingers crossed toward the end of each calendar year, hoping that the big Wall Street banks will be generous with their annual cash bonuses....
View Article“A Nation Of Takers?”: Demanding Cuts In Public Assistance To The Poor, While...
In the debate about poverty, critics argue that government assistance saps initiative and is unaffordable. After exploring the issue, I must concede that the critics have a point. Here are five public...
View Article“Me, Pay Taxes?”: How Wall Street Avoids Paying Its Fair Share in Taxes
Like many Americans, you’ve probably just spent a good bit of time figuring out how much you owe in taxes. Most of us fill in the forms and follow the rules. But the rules are a lot more flexible for...
View Article“Evangelical Myth Won. Wall Street Won. The Banks Won. America Lost”: Since...
The Republican Party base is white evangelicals. So no wonder the GOP lies about the country, the economy and the president worked. The folks who base their lives on religious mythology have spent...
View Article“More Silliness And Hysteria”: Gripes About Excessive Regulations And Taxes...
In the last couple of months we have seen the country whipped up into near hysteria over the virtually nonexistent threat of Ebola. While the only people who contracted the disease in this country were...
View Article“Heads We Win, Tails The Taxpayers Lose”: Wall Street’s Revenge; Dodd-Frank...
On Wall Street, 2010 was the year of “Obama rage,” in which financial tycoons went ballistic over the president’s suggestion that some bankers helped cause the financial crisis. They were also, of...
View Article“GOP Lawmakers Hit The Ground Running To The Far-Right”: House Republican...
In the weeks immediately following the 2014 midterm elections, there was an enormous amount of talk about the need to avoid “poisoning the well.” The point seemed to be, policymakers should be cautious...
View Article“Clinton Must Address Income Inequality In 2016″: Hillary Needs A Set Of...
Poor Hillary Clinton. She’s rich. And that’s a problem for her presidential campaign. Even as the economy finally mounts an apparently sustained recovery, income inequality remains a primary worry for...
View Article“Why So Many Americans Feel So Powerless”: Most Working People Have No...
A security guard recently told me he didn’t know how much he’d be earning from week to week because his firm kept changing his schedule and his pay. “They just don’t care,” he said. A traveler I met in...
View Article“Wall Street Vampires”: Lurking In Their Coffins, The Enemies Of Reform Can’t...
Last year the vampires of finance bought themselves a Congress. I know it’s not nice to call them that, but I have my reasons, which I’ll explain in a bit. For now, however, let’s just note that these...
View Article“A Palpable Authenticity”: The Non-Clinton Alternative For Democrats
Is Bernie Sanders the political reincarnation of Eugene McCarthy? I doubt it, but let’s hope he makes the Democratic presidential race interesting. I don’t know if front-runner Hillary Clinton shares...
View Article“The Outrageous Ascent Of CEO Pay”: Corporate Law In The United States Gives...
The Securities and Exchange Commission approved a rule last week requiring that large publicly held corporations disclose the ratios of the pay of their top CEOs to the pay of their median workers....
View Article“To Regulate Or Break Up?”: The Difference Between An Insurrectionist And An...
Anyone who has been able to sit through both the Republican and Democratic presidential debates is very well-versed in the chasm that currently exists between the two parties. When all is said and...
View Article“Democrats, Republicans And Wall Street Tycoons”: Financiers Resent Any...
Hillary Clinton and Bernie Sanders had an argument about financial regulation during Tuesday’s debate — but it wasn’t about whether to crack down on banks. Instead, it was about whose plan was tougher....
View Article“The Federal Government’s Little-Known Pension Heist”: The Ones Who Will...
“Too big to fail” means one thing for banks and another thing for union pension funds. When banks are on the verge of collapse, Congress bails them out. When union pension funds are in mortal danger,...
View Article“The Case Against Bernie Sanders”: The Despairing Vision He Paints Of...
Until very recently, nobody had any cause to regret Bernie Sanders’s presidential campaign. Sanders is earnest and widely liked. He has tugged the terms of the political debate leftward in a way both...
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