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Minimum Wage vs. CEO Pay Puts State of the Union in Context

In his 2013 State of the Union address, President Barack Obama called for a restoration in the minimum wage and a change to make it keep pace with inflation:

“We know our economy is stronger when we reward an honest day’s work with honest wages. But today, a full-time worker making the minimum wage earns [...]

Peter Ackerman Retained Executive Status at Rockport Capital while Running Americans Elect

When the choose-whichever-pro-Wall-Street-candidate-you-want presidential campaign corporation called Americans Elect made its public debut in the summer of 2011, it pledged to the American people that “We don’t promote any issues, ideology, or candidates. None of our funding comes from special interests or lobbyists.” See this snippet from its home page:

Special interest, according to [...]

One Dress Versus Obama: Who Is More Executive?

Activist Kristy Powell or President Barack Obama – who is more executive? [...]

Americans Elect Lauds Figure for Criticizing “Selfishness” in Washington DC. Guess Who?

Yesterday, Americans Elect quoted from a person lambasting politicians in Washington DC for their selfishness, greed and focus on narrow interests. Who is that person?

“Too many people are worried about themselves personally and the next election and not doing the right thing for this country,” says James R. Boyle, who works as President [...]

CEO Pay Cuts In Perspective

source: IPS

The poor dears.

Bailout Banks Hide Money and Dole It Out For Executive Perks

It’s as if the bailout money was taken to support the wealth of a very small number of people who already had plenty of money to spend, instead of being used to help the overall system upon which most Americans depend. Yes, I’m getting a very as if feeling about this bailout. [...]

Urge Your Senators to Support the OLC Reporting Act

Three of the top four leaders in the line of succession to the Presidency (including Obama himself) have come from the Senate, where they failed to support efforts to take away the power of the President to overrule federal law. Nancy Pelosi, as Speaker of the House is the fourth in the group in line now to take the Presidency, and she has a similar poor record of standing up for constitutional balance of powers. [...]

McCain Fumbles for Transparency Policy on CEO $$$, A Bill Barack Obama Wrote Over a Year Ago

Today, in the wake of the massive collapse of financial corporations traceable to exactly the sort of deregulation John McCain loves, the McCain campaign groped in a panic for some policy, any policy, that would make it look like John McCain cares about the economy.

Chief McCain campaign economic adviser Douglas Holtz-Eakin hit the airwaves [...]