Saturday, December 31, 2011
Friday, December 30, 2011
Thursday, December 29, 2011
Wednesday, December 28, 2011
Saturday, December 24, 2011
Friday, December 23, 2011
Thursday, December 22, 2011
Wednesday, December 21, 2011
Romney Wants His Billionaire Wall Street Donors To Be Able To Give Him Unlimited Sums Of Money
Romney Wants His Billionaire Wall Street Donors To Be Able To Give Him Unlimited Sums Of Money: pIf campaign donations are any sign, Mitt Romney is the runaway favorite candidate of billionaires and Wall Street bankers. Indeed, Wall Street has flooded his campaign with donations and a massive 10 percent of all American billionaires donated to his campaign. So it should probably come as no surprise that, in an interview with MSNBC’s [...]/p
Mr. 1%
Mr. 1%
Rep. Kingston Lies On The Air And Pretends That The Republicans Care About A Middle Class Tax Cut
This pathetic excuse for a national leader tries to BS his way through this interview. The Bush Recession has hurt this country and the only tax cuts republicans care about are those that benefit the 1%. This boob is a disgrace to his state. Tanking the economy has been job one for these dishonest cheats. The reason we are in this mess is because of the trickle down policies of Kingston and his crook pals in the republican party.
Speaker Cuts Off C-SPAN Cameras When Dems Attempts To Bring Vote On Payroll Tax Cut
Speaker Cuts Off C-SPAN Cameras When Dems Attempts To Bring Vote On Payroll Tax Cut: pDuring a quick pro-forma session of the House this morning, Republicans rebuffed a Democratic attempt to force an up-or-down vote on the Senate-passed payroll tax holiday extension, which Republicans have thus far refused to allow. Rep. Michael Fitzpatrick (R-PA), who was serving as the speaker pro-temp, ignored shouts of “Mr. Speaker!” from Democratic Whip Steny [...]/p
Tuesday, December 20, 2011
Romney Defends ‘Wall Street’ And ‘Insurance Company Executives’ From Obama’s Criticism
Romney Defends ‘Wall Street’ And ‘Insurance Company Executives’ From Obama’s Criticism: pAppearing on PBS last night with Charlie Rose, GOP presidential candidate Mitt Romney suggested President Obama is risking the very prosperity of the country and the middle class when he criticizes Wall Street and insurance executives: ROMNEY: He has been the most divisive president I’ve ever seen. He has attacked one American after another, one [...]/p
Two More Ways Republicans Are Undermining Financial Regulations
Two More Ways Republicans Are Undermining Financial Regulations: pAfter Republicans took over the House of Representatives in November 2010, the incoming House Financial Services Chairman, Rep. Spencer Bachus (R-AL), said he believes Washington’s role is to “serve the banks.” And the GOP has done its best this year to follow that directive, by denying regulators the money they need to implement the Dodd-Frank [...]/p
Monday, December 19, 2011
Big Bank Bonuses May Be Headed For Record Year
Big Bank Bonuses May Be Headed For Record Year: pAccording to a new report from The New Bottom Line and The Public Accountability Initiative, bonuses at seven of the biggest U.S. banks — Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, US Bank, and Wells Fargo — will total about $156 billion in 2011, which would be “slightly larger than last year’s [...]/p
70 Percent Of The Cuts In GOP Sen. DeMint’s Deficit Reduction Plan Target Low-Income People
70 Percent Of The Cuts In GOP Sen. DeMint’s Deficit Reduction Plan Target Low-Income People: pLast month, Tea Party favorite Sen. Jim DeMint (R-SC) released a budget plan along with GOP Sens. Rand Paul (KY) and Mike Lee (UT) that purports to cut $5 trillion out of the federal budget over 10 years. The plan included about $4.2 trillion in direct spending cuts (with the rest coming from reduced interest [...]/p
McConnell Takes Every Single Judicial Nominee Hostage To Sabotage Consumer Protection Agency
McConnell Takes Every Single Judicial Nominee Hostage To Sabotage Consumer Protection Agency: pOn Saturday, the Senate closed off what was supposed to be its last day of business for the year (the Senate may need to reconvene, now that Speaker John Boehner has blown up a deal to extend tax cuts to middle class Americans). Yet the Senate closed out the year without confirming any of the [...]/p
Sunday, December 18, 2011
Saturday, December 17, 2011
Friday, December 16, 2011
Six GOP Presidential Candidates Want More Justices Who Don’t Know The Difference Between Corporations and People
Six GOP Presidential Candidates Want More Justices Who Don’t Know The Difference Between Corporations and People: pA last night’s GOP presidential debate, Fox News’ Megyn Kelly asked each of the seven candidates to name their favorite Supreme Court Justice. Six of the seven candidates named some combination of Roberts, Scalia, Thomas and Alito — all of whom voted in Citizens United v. FEC that corporations should be able to spend unlimited [...]/p
Thursday, December 15, 2011
In New York City, Home Of Occupy Wall Street, The Top 1 Percent Makes One-Third Of Total Income
In New York City, Home Of Occupy Wall Street, The Top 1 Percent Makes One-Third Of Total Income: pThe Occupy Wall Street protests began in New York City as a way to bring attention to America’s increasing income inequality and the vast power held by corporations and the nation’s biggest banks. Currently, income inequality in the U.S. is the worst its been since the 1920s, and is even more unequal in New York [...]/p
Just remember that these people leech off this nation and make NOTHING.
Just remember that these people leech off this nation and make NOTHING.
Wednesday, December 14, 2011
Arresting the Eyes | Common Dreams
Arresting the Eyes | Common Dreams
Wall Street goons and servants of the 1%. The cowards of the NYPD.
Wall Street goons and servants of the 1%. The cowards of the NYPD.
Tuesday, December 13, 2011
GOP Senator Johnson: Only Bad Workers Get Stuck Making Minimum Wage
GOP Senator Johnson: Only Bad Workers Get Stuck Making Minimum Wage: pIn January, San Francisco will officially be the first U.S. city to have a minimum wage of above $10, nearly $3 more than the federal minimum wage of $7.25. And San Francisco is not the only place where workers will see a little extra pay in 2012 due to a minimum wage increase, helping them [...]/p
Senator Johnson is a corrupt and dishonest lackey for the 1%.
Senator Johnson is a corrupt and dishonest lackey for the 1%.
The Return Of Debtor’s Prisons: Thousands Of Americans Jailed For Not Paying Their Bills
The Return Of Debtor’s Prisons: Thousands Of Americans Jailed For Not Paying Their Bills: pFederal imprisonment for unpaid debt has been illegal in the U.S. since 1833. It’s a practice people associate more with the age of Dickens than modern-day America. But as more Americans struggle to pay their bills in the wake of the recession, collection agencies are using harsher methods to get their money, ushering in the [...]/p
ANALYSIS: Gingrich’s Tax Plan Would Cause Perpetual Trillion Dollar Deficits, Triple The Debt By 2024
ANALYSIS: Gingrich’s Tax Plan Would Cause Perpetual Trillion Dollar Deficits, Triple The Debt By 2024: pOur guest blogger is Seth Hanlon, Director of Fiscal Reform at the Center for American Progress Action Fund. 2012 GOP presidential frontrunner Newt Gingrich is outdoing his Republican rivals in promising enormous tax cuts for the very wealthiest Americans. According to an independent analysis by the Tax Policy Center, Gingrich’s plan would violate basic notions [...]/p
Film The Police-Music Video
Don't let the servants of the 1% get away with violating the rights of regular American citizens as they exercise their rights under the Constitution and the Bill of Rights. Film them at all times until they do their jobs and actually serve and protect all Americans. Not just the 1%.
2012 Federal Deficit Shrinks To Less Than $1 Trillion
2012 Federal Deficit Shrinks To Less Than $1 Trillion: pUnder President Obama, the nation’s deficit will shrink to less than $1 trillion in 2012, the Treasury Department announced yesterday. Treasury projects that the budget deficit for fiscal year 2012 will come in at $996 billion. Additionally, as a result of the debt super committee’s failure to reach an agreement, an automatic $1.2 trillion in [...]/p
Monday, December 12, 2011
Gingrich’s Tax Plan Would Give Millionaires A $600,000 Tax Cut
Gingrich’s Tax Plan Would Give Millionaires A $600,000 Tax Cut: pThe latest 2012 GOP presidential frontrunner, Newt Gingrich, has, like Texas Gov. Rick Perry (R-TX) before him, released a plan to overhaul the U.S. tax code by giving taxpayers the option of paying a single, flat, income tax rate, as opposed to using today’s progressive tax code. In fact, Gingrich goes a bit further than [...]/p
Sunday, December 11, 2011
Saturday, December 10, 2011
Perry Admits His Tax Plan Slams Low-Income People And Lets The Wealthy Pay Nothing
Perry Admits His Tax Plan Slams Low-Income People And Lets The Wealthy Pay Nothing: pTexas Gov. Rick Perry (R), in his quest to win the 2012 GOP presidential nomination, has released a so-called flat tax plan that would institute a 20 percent income tax rate on everyone (minus a few deductions), while completely eliminating all taxes on investment income. This, of course, would mean a huge tax increase for [...]/p
Friday, December 9, 2011
The NLRB Dropping Its Boeing Case Is A Victory For Collective Bargaining, Not Conservatives
The NLRB Dropping Its Boeing Case Is A Victory For Collective Bargaining, Not Conservatives: pThe National Labor Relations Board today dropped a complaint against mega-manufacturer Boeing that had been used as a political football by Republicans for months. Of course, the GOP rushed forward to hail this as some sort of win for conservatism. 2012 GOP presidential hopeful Newt Gingrich called it “a victory for South Carolina and all [...]/p
Republicans And Business Groups Unable To Find One ‘Job Creator’ Who Opposes A Tax On Millionaires
Republicans And Business Groups Unable To Find One ‘Job Creator’ Who Opposes A Tax On Millionaires: pYesterday, Republicans again shot down an extension of a payroll tax break for middle-class families due to their objection to a 1.9 percent tax increase on the top 0.2 percent of income earners. Naturally, Republicans are recycling their spurious claim that taxing America’s millionaires will somehow hit small businesses and stifle job creation. “It’s just [...]/p
Thursday, December 8, 2011
U.S. Chamber Of Commerce To Host RNC Holiday Party
U.S. Chamber Of Commerce To Host RNC Holiday Party: pNext Thursday, the Republican National Committee will hold its annual holiday party at the supposedly non-partisan U.S. Chamber of Commerce. Though the Chamber of Commerce has tried to assert its independence, events like this reinforce the notion that, as Politico’s Ken Vogel notes, the corporate trade association might “be thought of as a GOP arm.” [...]/p
House GOP Blocks Its Own Member From Moving Anti-Insider Trading Bill: ‘We’re Not Going To Cover Spencer’s Ass’
House GOP Blocks Its Own Member From Moving Anti-Insider Trading Bill: ‘We’re Not Going To Cover Spencer’s Ass’: pLast month, a 60 Minutes investigation revealed that House Financial Services Chairman Spencer Bachus (R-AL) made stock trades based on information that he received in private briefings during the financial crisis of 2008. Bachus’ trades reportedly netted him around $30,000. Following the story, Congress suddenly found an interest in blocking its members from trading on [...]/p
Romney’s Attack On Newt: I Pledge To Get Rid Of Medicare Faster
Romney’s Attack On Newt: I Pledge To Get Rid Of Medicare Faster: pMitt Romney’s campaign is stepping up their attacks against current GOP presidential frontrunner Newt Gingrich today over his criticism of Rep. Paul Ryan’s (R-WI) Medicare privatization plan. In a press release to reporters, Gail Gitcho, Romney’s communications director, charged, “Speaker Gingrich’s attack on Paul Ryan’s plan as ‘right-wing social engineering’ – and then denying his [...]/p
BREAKING: GOP Filibusters Middle Class Tax Cut — Again
BREAKING: GOP Filibusters Middle Class Tax Cut — Again: pA bill to extend the payroll tax holiday failed in the Senate this afternoon after Republicans filibustered the extension for a third time, preventing it from getting the 60 votes needed to begin debate or receive an up-or-down vote. The latest bill would have paid for the extension of the holiday, which primarily affects middle [...]/p
Disingenuous Karl Rove Ad Smears Elizabeth Warren, Implies She Facilitated Bank Bailouts And Corporate Bonuses
Disingenuous Karl Rove Ad Smears Elizabeth Warren, Implies She Facilitated Bank Bailouts And Corporate Bonuses: pKarl Rove’s independent group Crossroads GPS is up with a new advertisement today, smearing Massachusetts senate candidate Elizabeth Warren (D) by insinuating that she was responsible for the Troubled Asset Relief Program (TARP), the bank bailout that took place at the height of the financial crisis. The ad blames Warren for “bailing out the same [...]/p
45 GOP Senators Filibustering Consumer Protection Nominee Have Received Millions From Wall Street This Year
45 GOP Senators Filibustering Consumer Protection Nominee Have Received Millions From Wall Street This Year: pThe Senate today is scheduled to vote on the nomination of former Ohio Attorney General Richard Cordray to head the Consumer Financial Protection Bureau, the new agency created by the Dodd-Frank financial reform law. It’s unlikely, at this point, that Democrats have enough votes to overcome a Republican filibuster. Forty-five Republican senators have pledged to [...]/p
Wednesday, December 7, 2011
Corporate Tax Dodging Has Cost States More Than $42 Billion In Revenue Over The Last Three Years
Corporate Tax Dodging Has Cost States More Than $42 Billion In Revenue Over The Last Three Years: pThinkProgress has documented the repeated tax dodging of large corporations, some of which, like GE, have gone entire years without paying taxes despite hauling in massive profits. Now, that phenomenon has spread to the states, where many corporations have largely avoided paying state corporate income taxes despite growing profits. Some companies, like DuPont, avoided state [...]/p
Monday, December 5, 2011
Gap Between Rich And Poor Widening Across The Developing World, As Bankers And Executives Reap More Income
Gap Between Rich And Poor Widening Across The Developing World, As Bankers And Executives Reap More Income: pAccording to a new report by the Organization for Economic Cooperation and Development, income inequality — which has sparked the Occupy Wall Street movement in the U.S. — is increasing all across the developed world, led by bankers and executives reaping bigger and bigger income gains. In the OECD countries, the richest 10th of the [...]/p
Romney’s Stimulus Plan Would Have Been Tax Cuts For Corporations And The Rich
Romney’s Stimulus Plan Would Have Been Tax Cuts For Corporations And The Rich: pThe Recovery Act of 2009 (i.e. the stimulus) has, according to the Congressional Budget Office, been employing more than 3 million people this year, while saving millions more from poverty through boosting programs like unemployment benefits. Though it was not large or targeted enough to deal with the depth of the Great Recession, the stimulus [...]/p
The Tax-Dodging Owners Of Zuccotti Park Owe The City $139,000 In Back Taxes
The Tax-Dodging Owners Of Zuccotti Park Owe The City $139,000 In Back Taxes: pIt turns out that the owners of Zuccotti Park — the historic site of Occupy Wall Street — have been engaged in some of the very same tax-dodging that many of the protesters were enraged about. The “city Finance Department says park owner Brookfield Properties and its parent company, Brookfield US Corp., currently owe the [...]/p
GOP Supercommittee Member Admits Bush Tax Cuts Didn’t Create Jobs, Can’t Explain Why
GOP Supercommittee Member Admits Bush Tax Cuts Didn’t Create Jobs, Can’t Explain Why: pRepublicans this week filibustered a Democratic plan to extend a soon-to-expire payroll tax cut, objecting to the fact that the extension was paid for by implementing a small surtax on income in excess of $1 million. To justify their objection to taxing the wealthy, Republicans have revived their false claim that taxing the rich amounts [...]/p
Sunday, December 4, 2011
Saturday, December 3, 2011
Former Chase Banker Admits His Bank Pushed Minorities Into Subprime Mortgage Loans
Former Chase Banker Admits His Bank Pushed Minorities Into Subprime Mortgage Loans: pOne of the most pernicious practices in which the nation’ biggest banks engaged during the lead up to the financial crisis was pushing minority borrowers into subprime loans, even when many of them qualified for prime loans. Wells Fargo had perhaps the most horrifying practices in this department, calling the subprime loans that they pushed [...]/p
Scott Walker’s New Policy May Result In Protesters Being Charged For The Pepper Spray Used Against Them
Scott Walker’s New Policy May Result In Protesters Being Charged For The Pepper Spray Used Against Them: pUnder a new policy unveiled late this week by the Walker administration, protesters who apply for permits to protest outside government buildings in Wisconsin may be charged for clean-up costs and the presence of police officers. “Gov. Scott Walker now wants to charge protesters for the time that the police that will monitor them and [...]/p
Friday, December 2, 2011
Thursday, December 1, 2011
New Hampshire GOP Speaker Discourages Students From Voting Because They’ll Vote ‘Liberal’
New Hampshire GOP Speaker Discourages Students From Voting Because They’ll Vote ‘Liberal’: pAs ThinkProgress has been reporting, the slew of unnecessary voter ID laws passed by Republicans in many states this year are a transparent attempt to disenfranchise core Democratic voters, especially college students, the poor and minorities. But Republicans usually claim these laws are passed for the sake of curbing nonexistent voter fraud — it’s rare [...]/p
Former Chase Banker Admits His Bank Pushed Minorities Into Subprime Mortgage Loans
Former Chase Banker Admits His Bank Pushed Minorities Into Subprime Mortgage Loans: pOne of the most pernicious practices in which the nation’ biggest banks engaged during the lead up to the financial crisis was pushing minority borrowers into subprime loans, even when many of them qualified for prime loans. Wells Fargo had perhaps the most horrifying practices in this department, calling the subprime loans that they pushed [...]/p
Top GOP Strategist Admits He’s ‘Scared’ Of Occupy Wall Street Because It’s ‘Having An Impact’
Top GOP Strategist Admits He’s ‘Scared’ Of Occupy Wall Street Because It’s ‘Having An Impact’: pThe The Republican Governor’s Association met in Florida this week and featured pollster Frank Luntz, who offered a coaching session for attendees about how they should communicate to the public. Yahoo! News’ Chris Moody was there, and captured some of Luntz’s comments on Occupy Wall Street. Luntz told attendees that he’s “scared of this anti-Wall [...]/p
Wednesday, November 30, 2011
U.S. Collects Third-Lowest Tax Revenue In Developed World
U.S. Collects Third-Lowest Tax Revenue In Developed World: pDespite Republicans’ constant protestations that the U.S. has “a spending problem, not a tax problem,” the U.S. actually collects the third-lowest amount of tax revenue as a percentage of GDP in the Organization for Economic Co-operation and Development. According to the OECD’s latest data, “Mexico (18.7% in 2010) and Chile (20.9%) have the lowest tax-to-GDP [...]/p
Tuesday, November 29, 2011
GOP Willing To Raise Payroll Taxes On 113 Million Households To Spare 345,000 Millionaires From Tiny Surtax
GOP Willing To Raise Payroll Taxes On 113 Million Households To Spare 345,000 Millionaires From Tiny Surtax: pSenate Democrats yesterday introduced legislation — as they’ve been promising to — that would extend a soon-to-expire payroll tax cut, and pay for it by implementing a surtax on income above $1 million. Republicans, of course, are opposing the plan, reviving their false claims that taxing the very wealthiest Americans will hit small businesses and [...]/p
Former Treasury Secretary Paulson Gave Insider Information To Hedge Fund Buddies
Former Treasury Secretary Paulson Gave Insider Information To Hedge Fund Buddies: pAccording to Bloomberg News, former Treasury Secretary Hank Paulson, who was at the helm when the financial crisis hit in 2008, leaked inside information regarding the government takeover of mortgage giants Fannie Mae and Freddie Mac to several hedge fund traders, including former colleagues of his at Goldman Sachs. There’s no evidence that the traders [...]/p
Monday, November 28, 2011
Rick Scott Says ‘I Care Completely’ About Homelessness After He Proposed Cutting All Funding For Homeless Programs
Rick Scott Says ‘I Care Completely’ About Homelessness After He Proposed Cutting All Funding For Homeless Programs: pIn a state that is near the top of the national chart in food insecurity, Florida Gov. Rick Scott (R) took time this holiday to pass out Thanksgiving dinner to about 1,000 families at a shelter in East Naples. The shelter’s program fed about 7,000 families last week, with roughly 200 volunteers packing and distributing [...]/p
Mastermind of $850,000 Smear Campaign Against Occupy Wall Street Co-Hosting Mitt Romney Fundraiser
Mastermind of $850,000 Smear Campaign Against Occupy Wall Street Co-Hosting Mitt Romney Fundraiser: pTwo weeks ago, a leaked secret memo written by a Republican lobbying firm, Clark Lytle Geduldig & Cranford, outlined an $850,000 plan for the American Bankers Association (ABA) to combat the growing resonance of the Occupy Wall Street movement’s message — that we need an economy that works for everyone, not just the wealthiest 1 Percent. (The [...]/p
Wall Street Banks Earned Billions In Profits Off $7.7 Trillion In Secret Fed Loans Made During The Financial Crisis
Wall Street Banks Earned Billions In Profits Off $7.7 Trillion In Secret Fed Loans Made During The Financial Crisis: pIn the lead-up to the financial crisis that crippled the American economy and plunged the country into a recession, the Federal Reserve made trillions in undisclosed loans to struggling banks and financial institutions, according to official documents obtained by Bloomberg News. Six of the country’s largest banks then turned those loans into more than $13 [...]/p
GOP Sen. Kyl Pushes Raising Payroll Taxes On Middle Class But Refuses To Raise Taxes On Millionaires
GOP Sen. Kyl Pushes Raising Payroll Taxes On Middle Class But Refuses To Raise Taxes On Millionaires: pIn a clear display of misplaced priorities, congressional fiscal super committee member Sen. Jon Kyl (R-AZ) entirely dismissed the idea of extending the payroll tax cut for middle class families yesterday, even though failure to do so “would reduce GDP growth by 0.5 percent and cost the economy 400,000 jobs.” “The payroll tax holiday has [...]/p
Saturday, November 26, 2011
Hunger In America, By The Numbers
Hunger In America, By The Numbers: pLast year, 17.2 million households in the United States were food insecure, the highest level on record, as the Great Recession continued to wreak havoc on families across the country. Of those 17.2 million households, 3.9 million included children. On Thanksgiving Day, here’s a look at hunger in America, as millions of Americans struggle to [...]/p
Tuesday, November 22, 2011
Former AIG CEO Sues Claiming Taxpayers Need To Pony Up $25 Billion More
Former AIG CEO Sues Claiming Taxpayers Need To Pony Up $25 Billion More: pFor many years, insurance behemoth AIG was so poorly managed that the American taxpayer eventually had to invest nearly $70 billion in the incompetently run company to prevent its collapse from taking the entire U.S. economy along with it (much of this money has since been repaid). Former AIG CEO Maurice Greenberg, however, thinks that [...]/p
Companies Lay Off Workers While Spending Billions On Share Buybacks To Enrich Executives
Companies Lay Off Workers While Spending Billions On Share Buybacks To Enrich Executives: pEven as Republicans and CEOs of major companies complain that taxes are stifling job creation, corporations have been sitting on trillions of dollars in cash reserves, at some of the highest levels on record. The New York Times this morning notes another wrinkle in this story, pointing out that some companies have been laying off [...]/p
Monday, November 21, 2011
With 50 Million Americans In Poverty, David Vitter Proposes Gutting Food Stamp Program
With 50 Million Americans In Poverty, David Vitter Proposes Gutting Food Stamp Program: pA record number of Americans have fallen into poverty since the financial crisis sparked a deep recession in 2008, but that hasn’t stopped House and Senate Republicans from targeting the poor on their crusade to slash federal spending. In September, Kentucky Sen. Rand Paul (R) declared that “the poor are getting richer even faster” than [...]/p
Bank Lobbying On Track To Reach Record High This Year
Bank Lobbying On Track To Reach Record High This Year: pAs the Occupy Wall Street protests have highlighted the outsize influence financial institutions wield in politics, banks’ spending on lobbying is on track to reach an all-time high this year. Lobbying expenditures by the five biggest spenders among commercial banks are up 12 percent so far this year compared to 2010, according to an analysis [...]/p
Washington Lobbyists Crafted $850,000 Secret Plan For Bank Lobbyists To Undermine Occupy Wall Street
Washington Lobbyists Crafted $850,000 Secret Plan For Bank Lobbyists To Undermine Occupy Wall Street: pThis weekend, the MSNBC show Up! With Chris Hayes broke a stunning story about how Washington lobbyists are scrambling to undermine the protesters on Wall Street and across the country. Hayes’ report, which can be viewed here, details how the Washington, D.C.-based lobbying firm Clark Lytle Geduldig & Cranford (CLGC) compiled a secret plan to [...]/p
Sunday, November 20, 2011
Saturday, November 19, 2011
Police Attack Peaceful UC Davis Students With Pepper Spray
Police Attack Peaceful UC Davis Students With Pepper Spray: pYesterday, a group of students at the University of California Davis staged a sit-in to protect their occupation encampment and demand the release of those who had already been arrested. Police dressed in riot gear approached the peaceful group of students and began attacking them with peppy spray, forcing them to cover their faces. Many [...]/p
Thursday, November 17, 2011
CHART: Median Income For Young Adult Males Has Dropped 10 Percent Since 1980
CHART: Median Income For Young Adult Males Has Dropped 10 Percent Since 1980: pThe unemployment rate for teens and young adults under age 24 is a staggering 16.7 percent, and recent polls have shown that young adults are pessimistic about their financial future. Today, Demos released a chart showing even more bad news for young adult males. According to this chart, the median annual income for young adult [...]/p
Fox Nation: ‘God Bless Income Disparity’
Fox Nation: ‘God Bless Income Disparity’: pPolls show that Americans are increasingly concerned with growing income inequality in the country, but conservative news outlets and think tanks are pushing back with their own reports praising the widening gap between the rich and everyone else. The Heritage Foundation, for instance, argued on their blog that “economic inequality is not necessarily an injustice, [...]/p
Wednesday, November 16, 2011
More Than Half Of All Congressional Members Are Millionaires
More Than Half Of All Congressional Members Are Millionaires: pIf the voices of the 99 Percent Movement are being heard in Washington at all, they’re being heard predominantly by the 1 percent. As the Center for Responsive Politics notes, “About 47 percent of Congress, or 249 current members are millionaires.” Sixty-six percent of the U.S. Senate reported an average net worth in excess of [...]/p
Tuesday, November 15, 2011
Gov. Christie Is Blocking School Construction Projects That Would Create Nearly 9,000 Jobs And Make Schools Safer
Gov. Christie Is Blocking School Construction Projects That Would Create Nearly 9,000 Jobs And Make Schools Safer: pNew Jersey’s blunt-talking Gov. Chris Christie (R) is not shy about shredding his state’s budget. Since taking office in 2010, Christie has slashed $3 billion in funding, leaving low-income citizens with a severe lack of legal help, the mentally ill without a home, thousands of New Jersey women without health clinics to visit, 15,000 low-income [...]/p
Congress To Cut Financial Market Watchdog’s Funding In Latest Round Of Budget Negotiations
Congress To Cut Financial Market Watchdog’s Funding In Latest Round Of Budget Negotiations: pThe current round of funding for the federal government runs out on Friday, but House and Senate negotiators have reportedly agreed to a new funding package under the guidelines of the deal that raised the debt ceiling over the summer. One of the casualties of the budget cuts imposed by this agreement will be the [...]/p
Monday, November 14, 2011
Sunday, November 13, 2011
Thursday, November 10, 2011
Tuesday, November 8, 2011
POLL: 99 Percent Message Nearly Twice As Popular As Tea Party GOP Message
POLL: 99 Percent Message Nearly Twice As Popular As Tea Party GOP Message: pA new NBC-Wall Street Journal poll out last night found that a whopping 60 percent of Americans strongly agree with the basic sentiment of the 99 Percent Movement, as expressed in the statement below: The current economic structure of the country is out of balance and favors a very small proportion of the rich over the [...]/p
Sunday, November 6, 2011
Wednesday, November 2, 2011
Tuesday, November 1, 2011
Monday, October 31, 2011
Saturday, October 29, 2011
Friday, October 28, 2011
CHART: Typical Hourly Wage Went Up Just $1.23 In The Last 36 Years
CHART: Typical Hourly Wage Went Up Just $1.23 In The Last 36 Years: pOur guest blogger is Laura Pereyra, special assistant for communications at the Center for American Progress Action Fund. In a speech yesterday, House Budget Committee Chairman Paul Ryan (R-WI) claimed that President Obama created “class resentment” by calling for slightly higher taxes on the wealthiest Americans. At the same time, Occupy Wall Street protesters continue [...]/p
Tuesday, October 25, 2011
BREAKING: Oakland Police Use Rubber Bullets, Flash Grenades, And Smoke Bombs To Evict Occupy Oakland
BREAKING: Oakland Police Use Rubber Bullets, Flash Grenades, And Smoke Bombs To Evict Occupy Oakland: pLate last night, Oakland police, under orders from the city, began surrounding the Occupy Oakland encampment in preparation to oust the protesters from Frank Ogawa Plaza. Approximately an hour ago, hundreds of Oakland police officers raided the camp. Dressed in riot gear, the police used rubber bullets, flash grenades, and gas canisters to forcibly evict [...]/p
Monday, October 24, 2011
Sunday, October 23, 2011
Saturday, October 22, 2011
CHART: How Income Inequality Skyrocketed And The 1 Percent Profited From The Decline Of Unions
CHART: How Income Inequality Skyrocketed And The 1 Percent Profited From The Decline Of Unions: pThis evening, House Majority Leader Eric Cantor (R-VA) will give a speech at the University of Pennsylvania’s Wharton School of Business about how to address income inequality, likely trying to capitalize on the 99 Percent Movement he once derided as unruly “mobs.” Although exactly what policies Cantor will suggest to deal with this social problem [...]/p
Big Banks Keep Paying A Pittance To Settle Fraud Charges
Big Banks Keep Paying A Pittance To Settle Fraud Charges: pThis week, Citigroup announced that it had settled with the Securities and Exchange Commission over charges that the mega-bank misled investors in a derivatives deal and then bet against them. Under the terms of the settlement, Citi agreed to pay $285 million. Citi is not the first bank to settle these sorts of charges with [...]/p
Thursday, October 20, 2011
The Chamber Spends More Than $4 Million In Just Three Months Lobbying For Corporate Immunity To The Law
The Chamber Spends More Than $4 Million In Just Three Months Lobbying For Corporate Immunity To The Law: pLobbying disclosure forms for the third quarter of 2011 are due tonight, and corporate America’s tort reform lobby has so far topped the list of the most profligate spenders. According to Politico: More than two dozen companies, trade associations and lobby shops are reporting paying out more than $1 million on lobbying over the past [...]/p
Wednesday, October 19, 2011
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