Tuesday, January 17, 2012
Monday, January 16, 2012
Saturday, January 14, 2012
Thursday, January 12, 2012
Survey: Illegal Corporate Campaign Contributions Up 400%
Survey: Illegal Corporate Campaign Contributions Up 400%: pIn 2009, just 1 percent of respondents to National Business Ethics Survey — a large industry study funded by major corporations like Walmart — said they had witnessed illegal corporate political donations. This year, that number quadrupled to 4 percent. Management-level employees at large, publicly traded companies were most likely to see the illegal activity, [...]/p
Obama Administration Chief Economist: Talking About Income Inequality Is Not ‘An Issue About Envy At All’
Obama Administration Chief Economist: Talking About Income Inequality Is Not ‘An Issue About Envy At All’: pYesterday, 2012 GOP presidential frontrunner Mitt Romney dismissed those concerned with the nation’s growing income inequality (which may be worse than the inequality in Ancient Rome) by saying such concerns are “about envy.” “I think it’s fine to talk about those things in quiet rooms and discussions about tax policy and the like. But the [...]/p
Economists: Romney’s Economic Plan Fails To Deal With ‘Main Drags’ On U.S. Economy
Economists: Romney’s Economic Plan Fails To Deal With ‘Main Drags’ On U.S. Economy: pFormer Massachusetts Gov. Mitt Romney’s (R) economic plan has become the centerpiece of his presidential campaign. Though his proposals are often vague, analyses of the plan shows that it would provide huge tax breaks for the wealthiest Americans while raising taxes on low-income families. And though Romney claims to be concerned about the federal budget [...]/p
Five U.S. Senators Are Perfect Koch Servants, Americans For Prosperity Reports
Five U.S. Senators Are Perfect Koch Servants, Americans For Prosperity Reports: pFive senators and 39 representatives received a perfect 100 percent score from the Koch brothers’ Astroturf group Americans For Prosperity for the first half of the 112th Congress. AFP judged Congress on their votes to protect the Koch brothers’ right-wing petrochemical empire on such issues as the repeal of President Obama’s new health care law, [...]/p
Wednesday, January 11, 2012
GOP Establishment Rushes To Defend Romney’s Vulture Capitalism From Populist Backlash
GOP Establishment Rushes To Defend Romney’s Vulture Capitalism From Populist Backlash: pIn a potentially game-changing shift, Republican presidential candidates, including former Utah Gov. Jon Huntsman, former House Speaker Newt Gingrich, and Texas Gov. Rick Perry, have tapped into the populist anger of the 99 percent, tearing into former Massachusetts Governor Mitt Romney’s tenure at the financial firm Bain Capital, which made billions while bankrupting a quarter [...]/p
Republican National Committee Files Brief Seeking To Allow Corporate Funding Of Campaigns
Republican National Committee Files Brief Seeking To Allow Corporate Funding Of Campaigns: pOne of the few remaining limits on corporations’ power to buy and sell American elections is that corporations are not allowed to give money directly to federal candidates. Citizens United frees them to spend billions of dollars running ads or otherwise trying to change the result of an election to suit their interests, but corporations [...]/p
Tuesday, January 10, 2012
Monday, January 9, 2012
Friday, January 6, 2012
Thursday, January 5, 2012
Santorum Mocks Obama For Extending Health Care Coverage To ‘Everybody’
Santorum Mocks Obama For Extending Health Care Coverage To ‘Everybody’: pRick Santorum touted his opposition to the Affordable Care Act early this morning during an event in Manchester, New Hampshire and drew a clear distinction between his long-standing opposition to universal health care and the past positions of Mitt Romney and Newt Gingrich. “I’ve never been for government-run health care, never. Unlike the other two [...]/p
Now That We Have A CFPB Director, It’s Time To Ban Corporate-Owned Courts In The Financial Industry
Now That We Have A CFPB Director, It’s Time To Ban Corporate-Owned Courts In The Financial Industry: pOne of the most important, if overlooked, provisions in the law creating the new Consumer Financial Protection Bureau is a provision allowing the agency to push back against one of the most egregious errors committed by the Supreme Court in recent years — a line of decisions allowing companies to force their consumers into a [...]/p
Corporate Profits Have Rebounded To Pre-Recession Levels, But Corporate Tax Revenue Hasn’t
Corporate Profits Have Rebounded To Pre-Recession Levels, But Corporate Tax Revenue Hasn’t: pOver the last few decades, U.S. corporate tax revenue plunged to historic lows, falling from about 6 percent of GDP in the 1950s to barely more than 1 percent of GDP today. Obviously, part of the recent low level has to do with the Great Recession and its effect on businesses and their profits. But [...]/p
Wednesday, January 4, 2012
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