It is worth examining how the process was rigged to push that budget deal through Congress over the weekend that contained Citibank-written derivative deregulation and all kinds of other goodies for the rich and powerful. That's because the "cromnibus" formula will be formalized in the next big deal, in a process called "fast track."
Shouldn't it be a trade violation to threaten to move someone's job to another country? Shouldn't we negotiate trade agreements that increase people's wages on both sides of a trade border? These are the kinds of agreements we would make if We the People were negotiating trade agreements with representatives of the working people in other countries. Unfortunately that is not the kind of trade agreements that our current trade negotiation process produces.
There are strikes today in 190 cities with fast food workers demanding $15 an hour and the right to unionize. At the same time low-wage federal contract workers are demanding Presidential action to win $15 and a union.
Many Democrats examining what happened in the 2014 midterms are asking "what did the voters want?" But the right question is why did only 36.4 percent of potential voters bother to register and vote? Obviously Democrats did not give those voters a good enough reason to take the trouble. Is the Democratic Party relevant anymore?
U.S. multinational corporations are hoarding an estimated $2 trillion "offshore" to take advantage of a loophole in our tax laws. At our 35 percent top federal corporate tax rate, that represents up to $700 billion in taxes owed but "deferred" because they are "offshore." This is not imaginary or future money; it is taxes owed on $2 trillion of profits these companies have already made. Who should get this money?
Five members of the Congressional Progressive Caucus joined government contract workers, who shared their struggles to make ends meet, to call for a higher minimum wage and allow the workers to unionize.
Underneath it all, this election was a statement by people against an economy that is not working for them. Democrats failed to deliver a better economy and a better life for most people, and voters held them accountable.
ALEC & Grover will be on NPR's Diane Rehm radio show tomorrow. I'm asked to help get the word out about this to encourage people to call in
How fun would interrogating Grover on national radio be?
As fast-food workers across the country strike for decent pay, Burger King is still preparing to abandon the U.S. as its home country. How does a burger company get flipped like this and who gets rich when it happens?
Eric Cantor was a congressman from Virginia and was House majority leader. He was known for being particularly friendly to Wall Street and the giant, multinational corporations.
The other day I wrote about how FedEx has been pretending that their employees are not employees, which gets around labor standards for things like overtime, family leave and the rest.
Europe's economic depression has now lasted longer than the Great Depression of the 1930s. Meanwhile, America's "Great Recession" also drags on thanks to cutbacks in government spending since the stimulus.
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