From the department of good government practices: St. Louis’ City Treasurer Tishaura Jones is helping city workers escape the high-interest, payday loan world and
Category: Banks
Dangerous beliefs: US moral superiority and our right to world hegemony
[by Madonna Gauding] In the windowless rooms of American corporate media, the assumption of U.S. hegemony is echoed on the alphabet TV channels and
Global derivatives markets 20 percent larger than before the crash
What’s a derivative? The word “derivative” may ring a bell because Wall Street speculation in “innovative financial instruments” such as derivatives, helped tank the economy
ATM fees rip off $19 million from California’s public-assistance recipients
Big banks lifted more than $19 million out of the wallets of poor people in California in 2012, by charging them unnecessarily high fees
Why insurance companies will undermine the Affordable Care Act
In a recent article at Truthdig, “The Public-Private Profiteers,” Barabara Garson is critical of President Obama’s reliance on public-private partnerships to solve major social
Elizabeth Warren: The post office could become a bank, replace payday lenders
Senator Elizabeth Warren has another brilliant and truly progressive proposal. It would help the more than 68 million Americans (25% of all households) who
Cutting cable and MSNBC along with it
I’m not alone in being burned out on MSNBC. The complaints vary from “there’s too much opinion and not enough news,” to “I’m tired
Elizabeth Warren confronts Wall Street Democrats
Recently, Elizabeth Warren delivered a speech from the floor of the Senate. Her purpose was to condemn Obama’s “Grand Bargain” proposal to use a
Dear Senator Warren, we need you to be president
The title of Noam Scheiber’s November cover story in the New Republic is: “Hillary’s Nightmare: A Democratic Party That Realizes Its Soul Lies with
Despite some recovery, poverty rate stays stagnant
It’s interesting while reading about “15% of Americans living in poverty” on the CNN website that it’s doubtful that 15% of the readers are