There’s talk that the president and other elected officials will try to tap the Occupy Wall Street movement’s energy to boost their campaigns. It’s good to see the rhetoric finally moving in the right direction. Even better, now there’s an easy way to prove it isn’t just election-year lip service: They can support the financial [...]
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Our captured government won’t do its job. It doesn’t keep Wall Street and banks and giant corporations from ripping us off and doesn’t prosecute them after they do. It doesn’t stop polluters – even as the effects of climate change increase. It doesn’t enforce employment and labor laws, so all of us who work fall [...]
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The New Bottom Line, one of the organizations leading the “move your money” movement and the national “Bank Transfer Day” on Saturday, announced today that nearly $50 million had been removed from Bank of America and other Wall Street banks. With that as a start, the movement has set a new goal: $1 billion withdrawn [...]
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Originally published at Capital Gains and Games. I predicted two things in the Sept. 6 Fiscal Fitness — the first published after the Budget Control Act was signed into law this past Aug. 2 — that are coming true faster than I, even on my most cynical days, would have dared to forecast. I say this [...]
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Brian Beutler has the latest on the Super Committee machinations: Super Committee Republicans are floating a trial balloon that would produce new tax revenue, in apparent contravention of Grover Norquist’s taxpayer protection pledge, according to Wall Street Journal editorialist Stephen Moore. But as Moore explains that the offer has a catch: One positive development on [...]
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America’s defense supply chain put at risk by purchase of counterfeit, salvaged products from China. The U.S. Department of Defense has been buying counterfeit electronic parts from China. A Senate Armed Services Committee investigation led by Sens. Carl Levin (D-MI) and John McCain (R-AZ) has reviewed more than 100,000 pages of Defense Department documents along [...]
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Each morning, Bill Scher and Terrance Heath serve up what progressives need to effect change on the kitchen-table issues families face: jobs, health care, green energy, financial reform, affordable education and retirement security. A Super Committee “Failure” Wouldn’t Hurt The Economy – But a “Success” Sure Would OurFuture.org’s Richard Eskow: “Some Democrats have come under [...]
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