It sounds like hype to say it, but underwater homeowners can change the course of history. It's not me saying that - it's the numbers. People who owe more than their homes are worth have the power to become the a powerful new political and economic force.
They've got the numbers, they've got the votes, and - if they can get organized - they've got the economic clout. And we can prove it. more »
There were rumblings that Thursday's Netroots Nation keynote address by Eric Schneiderman, the New York attorney general and the head of an Obama administration task force on Wall Street fraud, was going to be disrupted by protestors. more »
I'm at the Netroots Nation 2012 conference in Providence. The weather has been pretty good, a brief rainshower but otherwise sunny and pleasant day. There are panels all day, breakout sessions on various topics, state caucuses, parties, lunches, dinners, parties, receptions, parties, conversations in the hotel bar, late to bed, up early, jet lag, and another day of the same... more »
We've reported frequently on the abusive labor practices and suicides at Apple's Foxconn factory in China. Essentially, Apple outsources the production of its iPad and iPhone to a massive more »
Over at TPM, Brian Beutler has a story about House Republican efforts to cut the budget of the Office of Management and Budget.
The story is sad and ridiculous: it shows that House Republicans have become just like the kid in the schoolyard who throws a tantrum and threatens to take the ball and go home if what he or she wants isn't done immediately.
This year will feature the most ideologically polarized election since the Reagan-Carter face-off of 1980. A radical-right Republican Party, backed by big-money interests, has made itself the tribune of privilege and will do significant damage if it takes control in Washington. Staving off that outcome depends on mobilizing the Democratic base. Yet President Obama’s agenda is far removed from what is needed to meet the challenges this country faces. Because of this, we believe progressives must expand the limits of the current debate, even as they rally against the threat posed by a Republican victory.
There is some good news in the fight for homeowners and against the big banks. Homeowners who are facing foreclosures because of unfair and often illegal practices by the major financial Goliaths are learning how to organize, how to shame bank executives and how to get local media attention.
Democracy lost in Wisconsin. Gov. Scott Walker kept his job only after outspending the recall movement 8 to 1. And that doesn’t even count the millions spent by secretive third-party groups. more »
Scott Walker survived his recall. In case you were wondering whether our democracy is totally fucked, read this about the last minute ads that poured into Wisconsin. That's very inspiring. I feel all patrioticlike just thinking about it. Scott Walker will be the new GOP prototype. Their worst impulses have been validated.
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