As the nation commemorates Christopher Columbus, let's not forget his 21st Century descendants: the multinational corporations who span the globe in search of wealth.
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For months I’ve been part of a chorus of voices calling on the presidential candidates to talk about home opportunity. Their virtual silence on addressing foreclosures, restoring devastated communities, ensuring fair housing and lending, and resurrecting the American Dream has been both outrageous and baffling.
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The complicated story of how the 1%ers and their corporations evade democracy's taxes is the story of our crumbling schools and infrastructure and the flow of all the gains of our economy to a very few at the top. This tax evasion is also part of the story of our deficits and debt. The tax evasion is "legal" -- because the tax evaders pay the people who write the tax laws.
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Strange stories from the newswires: Thousands of Wall Street traders subscribe to "financial astrology" newsletters. A series of wealthy Americans erupt into rage-filled public outbursts. Mitt Romney wonders why you can't open a jet's windows in mid-flight.
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In a 1994 science-fiction novel called Interface, a Presidential candidate has an electronic chip in his brain that links his mind to real-time polling data. His words, deeds, even his thoughts are immediately responsive to the public mood. Mitt Romney seems a lot like that - except that Romney's chip is connected to money.
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Just when you think Mitt Romney couldn't sink his well-heeled foot any deeper into his mouth, he shoves it in even further.
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Editor's Note: Yesterday, Rep. Keith Ellison introduced new legislation that would raise billions to invest in our economy by taxing highly speculative financial transactions. The Inclusive Prosperity Act (H.R. 6411) would tax the sale of stocks, bonds and derivatives sold by Wall Street firms.
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Few individuals or organizations have been as influential as Mitt Romney and Bain Capital in worsening our runaway healthcare costs, causing unnecessary suffering, or accelerating our government's long-term deficit problem. Their highly leveraged investment strategy puts healthcare companies under enormous pressure to increase revenue.
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If a recent report is true, the Justice Department will need a new name – and some of us will have to step up and admit we were wrong.
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[My guest writer today is Cynthia Liu, PhD. Cynthia launched member-supported K12NewsNetwork.com to amplify grassroots education news and provide a national platform for people to use sophisticated online organizing tools to better improve and strengthen public schools. It's "MoveOn" for school communities.
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