When Congress narrowly missed another government shutdown in December by passing the “cromnibus” bill, much of the press coverage focused on Capitol Hill’s ongoing dysfunction. However, buried inside the bill was yet another blow to campaign finance regulations, dramatically increasing the amount of money donors can give to political parties. A single couple can now give up to $3.1 million to a political party over a two-year election cycle, a six-fold increase.
For about a month now, New England has been pummeled with massive winter storms, leaving large swaths of the region with feet of snow and frequently making travel impossible.
The U.S. economy has finally slugged its way out of the ditches.
The Wall Street Journalreports that Department of Labor job numbers indicate that the labor market improved in all 50 states, Puerto Rico and Washington D.C. in 2014.
Most people want to believe that their place in the world is something they earned, either through hard work, preparation, or both. I understand this sentiment. As a native of a country that reveres Horatio Alger-inspired tales of upward mobility, the idea that our status might be attributed to something we can’t control seems unfathomable.
Warren Buffett warned investors that bankers were still up to their old tricks in his recent investor letter. Vanguard founder Jack Bogle is writing about how high fee mutual funds are ripping off investors and endangering retirement security. And Fed Chair Janet Yellen is touting new, tougher capital rules for “Too Big to Fail” banks.
Fifty years after Bloody Sunday, I marched to the top of the Edmund Pettus Bridge with Mrs. Amelia Boynton Robinson, Congressman John Lewis, President Barack Obama, and many others.
In America, there is a strongly held conviction that with hard work, anyone can make it into the middle class. Pew recently found that Americans are far more likely than people in other countries to believe that work determines success, as opposed to other factors beyond an individual’s control. But this positivity comes with a negative side — a tendency to pathologize those living in poverty.
Maybe no economic statistic captures the continuing impact of the nation’s history of inequality better than the racial wealth gap. It has left a yawning gulf that separates whites from blacks and Hispanics. And it persists across income and educational levels in ways that have left whites who are high school dropouts with a higher median new worth greater than blacks and Hispanics who are college graduates.
If black families had the same opportunitites that white families have to increase their incomes through investments, retirement plans, and other asset-building measures, it would reduce the wealth gap between the two groups by nearly $45,000, or 43 percent, according to a report out Tuesday. For Latino families, it would reduce the gap by more than almost $52,000, or 50 percent.
The yawning racial wealth gap in the United States is no accident, but rather, driven by unjust public policy decisions—from the re-segregation of education to the redlining of home ownership to poverty wages, according to a new analysis by Brandeis University and the public policy organization Demos.
Latonya Suggs is one of 15 former students of Corinthian-owned schools called "the Corinthian 15" who are engaging in what they say is the nation's first student debt strike. They're refusing to pay back both their private and their federal student loans.
Strike Debt is helping provide legal support for the students for the consequences of the strike, which will be harsh if the group isn't relieved of its debts.
Brenda Wright, an attorney with the public policy group Demos — which backed the lawsuit along with the Prison Policy Initiative — said the the litigation was aimed at getting localities to account for prisoners where it truly counts.
The ruling concluded that Cranston artificially inflated the population of Ward 6 by treating all inmates of the ACI as residents of the prison for redistricting purposes.
``I’m thrilled that our fight for equal representation has been successful,’’ said Karen Davidson, lead plaintiff, in a news release. ``Fairness in redistricting is a fundamental right and I’m glad the court has vindicated our claims.’’
Lagueux gave the city thirty days to redraw the districts.
“This is a big win for democracy,” said Adam Lioz of Demos, counsel for the plaintiffs. “Prison gerrymandering distorts representation and should no longer be tolerated. This decision should pave the way for other courts to address this long-standing problem.”
Plaintiffs argued that the "prison gerrymandering" improperly considered ACI prisoners as constituents of local elected officials when they are instead "residents of their pre-incarceration communities for virtually all legal purposes, including voting."
"I'm thrilled that our fight for equal representation has been successful," said lead plaintiff Karen Davidson, of Cranston. "Fairness in redistricting is a fundamental right and I'm glad that the court has vindicated our claims."
Today, six in ten employers say that they check the credit histories of some or all prospective employees before making final hiring decisions. This traps many jobseekers in a devastating catch-22.
The first platform committee meeting for the 2016 Democratic National Convention, featuring representatives from both campaigns as well as DNC neutrals, took place on Wednesday. Their deliberations will likely feature tough negotiations on a range of issues — a $15 minimum wage, fracking, the legitimacy of giant banks — that were points of contention during the campaigning, helping clarify the political and ideological shift that has taken place in the party since the mid-1990s when Robert Rubin was its intellectual lodestar.
