After 13 Years Of Fighting For Wall Street, Eric Cantor Will Make Millions At An Investment Bank
Former House Majority Leader Eric Cantor (R-VA), who resigned last month after losing renomination to an underfunded college professor, spent...
Author: onepercenttakers
The True Story Of How One Man Shut Down American Commerce To Avoid Paying His Workers A Fair Wage
In 1894, Chicago was the Midwest’s gateway to the rest of the United States. Twenty-four different railroad lines centered or...
Koch Brothers’ Top Strategist: Minimum Wage Will Turn USA Into Nazi Germany
In a newly released audio recording, obtained by The Undercurrent, a man identified as a top Koch strategist warned that...
I’m making $21 an hour at McDonald’s. Why aren’t you?
I work for McDonald’s and I make $21 an hour. No, that isn’t a typo. It’s really my salary. You...
U.S. fast-food workers arrested in protests for wage hike
(Reuters) – U.S. fast-food workers staged protests in some 150 cities on Thursday in a fight for higher pay, and...
How U.S. Corporations Skip Out on Their Tax Bill
Reading companies’ annual reports to the Securities and Exchange Commission is a reliable cure for insomnia. Every so often, though,...
California Legislature Passes Bill to Protect Temp Workers
The California legislature has passed a bill that would hold companies legally responsible if the temp agencies and subcontractors they...
New Scorecard Grades CEO Pay Reform
The Institute for Policy Studies’ 2014 Executive Pay Reform Scorecard – part of the just-released latest edition of the IPS...
Some ALEC Funders Flee, but Koch, Big Tobacco, and PhRMA Remain Loyalists
At least 72 corporate funders have cut ties with the American Legislative Exchange Council (ALEC) in the wake of the...
Microsoft’s Staggering Tax Dodge Alone Would Fund the Entire State of Washington for Two Years
Reading companies’ annual reports to the Securities and Exchange Commission is a reliable cure for insomnia. Every so often, though,...
A Kentucky Objection to McConnell’s Pandering to Millionaires and Billionaires
When the political mercenaries of American oligarchy jet off to consort with their electoral paymasters, they never imagine that the...
Inequality: A Broad Middle Class Requires Empowering Workers
On Labor Day, families gather, politicians pay tribute to values of hard work, and some workers even get an extra...
Victory Declared as Supermarket Standoff Ends With Worker-Friendly CEO’s Return
Bringing to a close a summer-long supermarket standoff, a deal was reached late Wednesday to sell the majority stake of...
A Koch Brother Tries Damage Control as the American People Reject Their Agenda
The AP interviewed one of the lesser known Koch brothers, William, in what seems to be an attempt to soften...
Inequality and the USA: A Nation in Denial?
Every August, for most of the last four decades, top central bankers from around the world have been making their...
Paul Ryan’s convinced: time to cut taxes on the wealthy
There are some congressional Republicans who believe the party’s commitment to supply-side, trickle-down tax policy is in need of an...
What Jesus knew about income inequality: Opinion
(CNN) — Does money make you happy? Does being rich contribute to your spiritual life and its possibilities? Is the...
‘Unbalanced Recovery’: Wages Falling, Low-Paid Jobs Rising Across US
While wages have declined across all sectors in the years following the financial crash of 2008, low-paid workers have been...
Corporate Profits Trumped Public Safety in Oil Train Derailment
The Lac Mégantic oil train derailment that killed 47 people and nearly destroyed a small town was caused by a...
Subway workers in New Jersey get organized
Subway may claim to be the “leader in fast, healthy food,” but that alleged commitment to wellness often doesn’t extend...
Fast Food Worker To US Labor Secretary: ‘Either I Feed Myself Or I Feed My Son’
Meet Carlton, one of six service workers gathered at 71-year-old Austraberta Rodriguez’s home in Houston, Texas for breakfast with U.S....
How ALEC Fronts for Fossil Fuels
Even as the Environmental Protection Agency finally attempts to limit carbon dioxide pollution from coal plants, it is meeting resistance...
Wage Theft: The New American Crime?
Each week, millions of dollars are stolen from American families. The perpetrators act with impunity. There are no arrests, few...
Interior Dept Blows Off Koch Stranglehold On Offshore Wind Power
The good news for US Atlantic coast offshore wind power just keeps rolling along. Earlier this year, renewable energy fans...
Is Wal-Mart Treating Workers Like Pop-Tarts?
Wal-Mart loves keeping track of data. For instance, the retail giant’s researchers know that before and after major storms, customers...
Minimum wage laws aren’t just for workers with lowest wages
An extraordinary shift in wages paid to American workers took place from 2000 to 2012, a change that holds powerful...
Pennsylvania Sacrificing Public Health, Environment to Advance Fossil Fuel Industry: Report
On the heels of news that natural gas production in the Marcellus Shale hit an all-time high in July, as...
Social Security Turns 70 — Still Going Strong Despite Right Wing Attacks
For seven decades, Social Security has been under attack by opponents who consider government-guaranteed pensions for Americans to receive as...
Wall Street Has Raked In Almost A Billion Dollars Helping Companies Move Overseas To Dodge Taxes
As more and more American companies have used international mergers to move their profits out of U.S. tax jurisdiction, the...
Jimmy John’s Accused Of ‘Systematic Wage Theft’
Jimmy John’s, the “freaky fast” sandwich staple of America’s college towns, is being sued by two former employees for what...
The States With The Highest Uninsurance Rates Are All Led By Republicans
The 10 states with the highest percentage of uninsured adult residents all have one thing in common: They’re led by...
20 Big Profitable US Companies Paid No Taxes
U.S. companies are looking for all sorts of ways to reduce their tax bill. But scores of big U.S. companies...
Super-Rich Rekindle Love Affair with High-Sea Luxury
The world’s super-rich are returning to the high seas, with the number of luxury yacht sales hitting their highest level...
Tax Dodger Running for Governor in Illinois
If you are not in the Chicago media market, you might not know much about Bruce Rauner, the Mitt Romney-like...
Democracy or Oligarchy?
We are at a pivotal moment in American history. The major issue of our time is whether the United States...
Pregnant Worker: This Is How Walmart Treated Me
Candis Riggins has a new baby. But, since she got fired from Walmart, she no longer has her job or...
University President Takes Huge Pay Cut To Give School’s Minimum-Wage Workers A Raise
Two dozen low-wage workers at Kentucky State University (KSU) will get a raise to $10.25 an hour after the school’s...
Robert Reich: The Ivy Leagues Are a Ludicrous Waste of Resources
What someone is paid has little or no relationship to what their work is worth to society. Does anyone seriously...
ALEC Offshoot Tries to Hijack Local Governments
After forty years of pushing corporate-friendly policy in state legislatures, this week the American Legislative Exchange Council (ALEC) is launching...
Guitar Center Accused Of Unfair Labor Practices
WASHINGTON — More than a year after its initial election victory at a Guitar Center store, the union representing the...
S&P: Wealth Gap is Slowing US Economic Growth
WASHINGTON (AP) — Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great...
Inside Our Profoundly Unequal ‘New Normal’
The Commerce Department released some revised figures on America’s economy last week. Previous numbers, Commerce researchers noted, had overestimated the...
House Republicans Pass Bill to Lower Taxes on the Rich and Raise Taxes on the Poor
So what are Republicans in the House of Representatives up to these days? According to Danny Vinik, they just passed...
ALEC Agenda: Medicaid, Schools, and Exporting Our Gas
ALEC holds its 41st annual meeting in Dallas, Texas starting on Wednesday, July 30, 2014. At this largest of its...
This Congressman Tried to Live on the Minimum Wage
(CNN) — Raising the minimum wage continues to be a top Democratic economic priority, insisting that higher pay is critical...
Paul Ryan’s New Poverty Proposal Would Have Government Micromanage Poor People’s Lives
On Thursday, Rep. Paul Ryan (R-WI) released his much-anticipated proposal for reforming the way the federal government tries to alleviate...
