Media

A JP Morgan Chase shareholder insurrection threatens to split the roles of Chairman and CEO, stripping Jamie Dimon of the chairmanship. People with reputations for wisdom and good judgment like Rupert Murdoch and Hank Paulson have rushed to defend the dapper and aggressive Dimon claiming that he is unworthy of such cruel and unusual punishment.

Silicon Valley, better known for big innovation, and big houses, is also falling prey to equally enormous economic inequality. There's been a 20% rise in homelessness in the last two years, and while jobs for the tech-savvy are growing faster than they have in a decade, so is food stamp usage. About 11% of the area's population falls below the federal poverty line. 

The Guardian has a compelling and distressing profile of the harsh reality of climate change that many already face. The story profiles a village on the west coast of Alaska called Newtok that is surrounded on three sides by the Ninglick River.

A study released earlier this month from the public policy group Demos states that through various forms of government funding in the private sector, nearly two million people are making $12 an hour or less. The number of workers at Wal-Mart and McDonald's together at $12 an hour or less is currently around 1.5 million, according to the report.

"The sheer number of those workers making so little is surprising," said Amy Traub, a senior policy analyst at Demos and co-author of the study.

Regardless of the rationale behind these credit checks, this practice can be discriminatory, say Daniel Garodnick and Amy Traub in the New York Daily News. For instance, "African-American and Latino households are disproportionately likely to report poor credit, a finding some attribute to the nat

Let's say you're president of a presitigous liberal arts college with a nice endowment and you have enough money to give out a decent level of financial aid every year. How do you deploy that aid? Do you a) focus it on smart lower income kids who wouldn't be able to come to your college without aid? Or do you b) focus the money on even smarter affluent kids whose parents have plenty of money to pay full freight? Or even on rich kids who are less smart than poorer applicants? 

Mr. Panesso was rejected for jobs at several more big national retail chains. But J. Crew, he said, was the only business to send him an adverse action letter. Did that mean the others rejected his application for other reasons? It’s impossible to know for sure.

Big businesses, such as Wal-Mart and McDonalds, get a bad wrap for providing low-wage jobs. But, Americans may be surprised to know that they're funding a low-wage labor pool larger than both of these companies combined do, a new report by Demos, a public policy organization, shows.

For forty years now, it has been fighting against the forces of modernization -- including individualism, social freedom, secularism, multiculturalism, ecological consciousness, and evidence-based active government.