Meet the Banking Caucus, Wall Street’s secret weapon in Washington
Every business sector has its friends in Washington. Financial companies — from the biggest megabanks to small payday lenders —...
Author: onepercenttakers
Restaurant CEOs Make More Money in Half a Day Than Their Employees Make in a Year
Last year, according to a new analysis from the Economic Policy Institute (EPI), the CEOs of America’s top 25 restaurant...
Senate Democrats Dare GOPers to Block Their Dark-Money Disclosure Bill
The 2014 elections are awash in dark money—and it’s only getting worse. The Koch-backed Americans for Prosperity alone plans to...
State and Local Efforts to Rein in CEO Pay
Fed up with the do-nothing Congress, people around the country are no longer waiting for Washington to lead on some...
Alan Grayson To Force Republicans On The Record On Minimum Wage
Rep. Alan Grayson (D-Fla.) proposed an amendment to a House spending bill Tuesday that would raise the minimum wage for...
Dick Cheney: Give More Money to the Pentagon, Not to Infrastructure
WASHINGTON — Former Vice President Dick Cheney said Monday that President Barack Obama is “devastating” the U.S. military and needs...
Corporate Tax Cheats Still Get Billions In Government Business
Despite supposed bans on companies that move offshore to avoid paying U.S. taxes getting federal contracts, more than a dozen...
Who Are The Protectors of Privilege? – A Congressional Report Card
Do you wonder which members of Congress routinely side with the richest 1 percent and Wall Street? Which lawmakers consistently...
A Cure for Bloated CEO Pay
Business owners usually don’t like it when their employees steal from them. For this reason is it is hard to...
Supreme Court Reveals Its Class Bias
It’s not often that social and corporate conservatives come together, but the five right-of-center justices on the Supreme Court fashioned...
National Teachers’ Union Expected To Join Staples Boycott
In an expected show of solidarity with postal employee unions, the 1.6 million-member American Federation of Teachers will vote Saturday...
Pentagon Fleeces Taxpayers with $1.5 Trillion Boondoggle
Just days before its international debut at an airshow in the United Kingdom, the entire fleet of the Pentagon’s next...
Fossil Fuel Front Groups Attack Clean Energy Policies
Fossil fuel and utility interests, concerned about the rise of cheap clean energy, are financing attacks on pro–clean energy policies,...
America’s CEOs: In a Class All by Themselves
Workers in the United States don’t make double what workers make in Japan or Switzerland. Why should U.S. CEOs routinely...
How Much Wealth Are Our Wealthiest Hiding?
How much are the mega rich hiding offshore? Independent analysts have been working to pin that figure down. The most...
States That Raised Their Minimum Wages Are Experiencing Faster Job Growth
Think a higher minimum wage is a job killer? Think again: The states that raised their minimum wages on January...
Positively Un-American Tax Dodges
Bigtime companies are moving their “headquarters” overseas to dodge billions in taxes … that means the rest of us pay...
Why the Koch Brothers May Be Good for Solar
Koch Industries is a multinational conglomerate involved in the industries of manufacturing, refining and distribution of petroleum, chemicals, and energy....
Super-Rich Guy To ‘Zillionaires’: Back $15 Minimum Wage Or Prepare For Revolution
A Seattle millionaire is urging his super-rich peers to support a $15 minimum wage or face the possibility of a...
Robert Reich: Freedom, Power, and the Conservative Mind
On Monday the Supreme Court struck down a key part of the Affordable Care Act, ruling that privately-owned corporations don’t...
Walmart Penalized For Closing Store Just After It Unionized
Walmart is known for resisting efforts to unionize its American workforce. But in Canada, one of its stores actually voted...
Ronald Reagan stuck it to millennials: A college debt history lesson no one tells
During my first semester of college, John Lennon was assassinated 40 blocks south of my freshman dorm, and Ronald Reagan,...
The South is America’s poverty belt, and Republicans want to make all of America more like the South
The South has never been America’s bright spot when it comes to things like poverty and health outcomes, but recent...
Robert Reich: Supreme Court is Oblivious to the Rights of American Workers
On Monday the Supreme Court struck down a key part of the Affordable Care Act, ruling that privately-owned corporations don’t...
Impunity and the Crimes of Finance Oligarchs
In the global discussion of human rights, impunity refers to de facto immunity from punishment enjoyed by dictators, oligarchs, and...
Exclusive: Inside the Koch Brothers’ Secret Billionaire Summit
This is what happens when Marco Rubio, Mitch McConnell, Tom Cotton, Cory Gardner and a gang of the world’s richest...
Gov. Paul LePage on Social Security: “It is welfare, pure and simple”
Responding to a Bureau of Economic Analysis study that found the state’s personal-income growth during the first three months of...
Millions in Poverty Get Less Coverage Than 482 Billionaires
Poverty continues to be a pressing social problem– but it’s hardly mentioned on the network newscasts, according to a new...
Serial School Privatizer “Chainsaw Paul” Vallas Gets Ready For His Next Job
After savaging public education in Chicago, Philly, New Orleans and Bridgeport, Vallas has been summoned home to Illinois by the...
Ikea Will Raise The Minimum Wage For Its American Workers
Ikea will announce Thursday a plan to raise its average minimum wage at U.S. stores to $10.76 an hour, a...
Rep. Issa: Shielding $300 Billion in Tax Evasion
Many Americans dislike the IRS and will paint you a vivid picture of the tax man knocking down your door...
Justices Scalia And Thomas’s Attendance At Koch Event Sparks Judicial Ethics Debate
Reports that two Supreme Court Justices have attended seminars sponsored by the energy giant and conservative bank-roller Koch Industries has...
The Gap Already Reaping Major Benefits From Minimum Wage Hike
After Gap announced in February that it will eventually raise its lowest pay to $10 an hour, job applications increased...
Wal-Mart flunks its fact-check: The truth behind its sarcastic response to the Times
Wal-Mart has a knack for proving its critics right. In its latest example, responding to an Op-Ed by the New...
Iraq and Detroit: Both Plundered by the Same Bandits
The ugly face of empire and disaster capitalism is visible all over the world. Detroit, Michigan, was once a thriving...
Chicago Aldermen Want a $15 Minimum Wage in Their City, Too
Two weeks ago, the Seattle City Council made national headlines when it voted to raise that city’s minimum wage to...
Major International Finance Organization Criticizes U.S. Minimum Wage
The United States is facing new international pressure to raise its minimum wage. In its annual review of the U.S....
Fearing Backlash, Rich Hoard Cash
(Reuters) – As tension over inequality simmers, persistent cash hoarding by multinationals and the super-rich may be one measure of...
Massachusetts Passes The Highest State Minimum Wage In The Country
The Massachusetts House passed a bill that will raise the state’s minimum wage to $11 an hour by 2017. The...
Increasing Wages is an Effective Poverty Reduction Tool, Study Shows
The minimum wage is currently more than 25% below its real value in the late 1960s. The Congressional Budget Office...
Koch-Funded Group Won’t Back Kansas Republicans Who Support Clean Energy
A Republican state legislator in Kansas is being targeted by a new Koch-funded effort to oust those who want to...
A New Spin from the Inequality Denialist Set
The go-to intellectual guardians of our corporate order — those conservative analysts whose op-eds appear regularly in the Wall Street...
Over One-Fourth of Men 25-34 Years Old Earned Poverty-Level Wages in 2013
Men between 25 and 44 have seen precipitous increases in the share working at such low wages, with the share...
Koch Brothers Plan $300 Million Spending Spree In 2014
The billionaire Koch brothers and their political network are planning to spend almost $300 million during the 2014 election cycle,...
Bill Moyers: How Tax Reform Can Save the Middle Class
In the second part of his interview with Bill Moyer, the Nobel Prize-winning economist Joseph E. Stiglitz says that such...
Arizona GOPer Compares Poor To ‘Lazy Pigs’
A Republican official in Arizona on Wednesday confirmed something that’s long been suspected. State schools superintendent John Huppenthal has been...
