Anyone who thinks education is the “civil rights issue of our time” needs to look at what’s going on in Chicago. In three days of protests over the weekend and lapping into Monday, people who look like they would be involved in a civil rights cause – mostly African-American and Latino/a teachers, parents, and students, [...]
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Did you know that Apple Computer has become a foreign entity? Did you know that it’s more Irish than anything else, at least as far as taxes are concerned? Or that it pays very little in income tax, even though its products wouldn’t exist if it not for US taxes? Apple products were designed in [...]
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Yes, they're already on it. I wrote about this building pseudo-scandal the other day, and it appears it's gaining steam. I noticed that on Fox yesterday it came up several times as "yet another case of the Obama administration shaking down private industry." When I first read about it, the suggestion was that Health and Human Services Secretary Kathleen Sebelius was appealing to insurance companies rather than trying to find corporate sponsors for the purpose of educating the public about Obamacare, which is slightly different, but still not particularly scandalous.
After all, if the congress would agree to fund the outreach as any sane government would do for a big new government program, this wouldn't be necessary. But naturally, they are trying to make it fail so they don't want the public to be informed of what the new benefits are and what they need to do to get enrolled in insurance and obtain the subsidies.
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At yesterday’s Senate hearing the CEO of Apple said they follow the law when they “defer” billions and billions of dollars in taxes they owe by keeping profits “out of the country.” He’s talking about the “Subpart F” corporate tax loophole that practically forces companies to move jobs and factories and profit centers out of [...]
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Republicans have been eager to blame the sequester on President Obama, and complain when certain cuts affect their districts. But beyond proposing robbing-Peter-to-pay-Paul solutions for things like protecting air traffic controllers, what do Republican want to do about the sequester cuts? Cut more. The AP reports: Republicans controlling the House pressed ahead Tuesday with slashing [...]
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On Monday afternoon 27 people were arrested in front of the Department of Justice and put behind bars. Their crime: Being sick and tired of Washington bailing out banks while there is no bailout for those among the other 99 percent of the country who are drowning in underwater mortgages. Almost 500 activists from the [...]
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A lot of people have attacked JPMorgan Chase CEO Jamie Dimon over the years, including this author. After today’s shareholder votes at JPM, Mark Gongloff is right to describe Dimon as a “cult leader.” Gongloff quotes critics, like Public Citizen’s Bart Naylor who offer pointed and very valid criticism of Dimon and his board. But [...]
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Change is coming to the most important government agency that most Americans never heard of. For many months, a broad coalition of housing, consumer protection, and civil rights groups has been calling on President Obama to replace the acting head of the Federal Housing Finance Agency or FHFA, the body that oversees the mortgage giants [...]
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