The conventional wisdom says that when a President runs for re-election the race becomes a referendum on the economy. Unemployment's still at record highs, poverty has soared, and middle-class Americans are struggling to stay afloat. And yet the President has a commanding lead in the polls. more »
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. more »
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. more »
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. more »
The American public provided hundreds of billions to bailout Wall Street during the global fiscal crisis yet bore the brunt of the crisis with lost jobs and reduced household wealth. This is a phenomenally wealthy nation, yet our tax and regulatory system allowed the financial titans to amass great riches while impoverishing the systems that enable inclusive prosperity. A financial transaction tax protects our financial markets from speculation and provides the revenue needed to invest in the education, health and communities of the American people.
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