Media

Citing clear evidence that low-income Arkansas residents have been denied the opportunity to register to vote, attorneys from voting rights groups Project Vote and Demos sent a pre-litigation notice letter to Secretary of State Mark Martin, the Arkansas Department of Human Services, and the Arkansas Department of Health, regarding the state’s non-compliance with the federal requirements of the National Voter Registration Act of 1993 (NVRA).

Screengrabs of Spokeo.comIn today’s economy, it’s hard enough to land a job without companies secretly compiling inaccurate dossiers of information about you, then aggressively selling them to employers, who – based on the false or simply irrelevant data – decide not to hire you.

Dimon’s testimony yesterday before the Senate Banking Committee -- the week of the anniversary of the passage of the Glass-Steagall Act in 1933 -- is ironic, to say the least. He objected to the Volcker Rule’s prohibitions against proprietary trading by federally insured banks (acting like hedge funds, in the words of Senator Merkley), characterizing the re-instatement of a separation of commercial banks and trading markets as an imprudent act taken by Congress in anger.

A new report from Dēmos, "The Retirement Savings Drain: The Hidden and Excessive Costs of 401(k)s," urges Americans to trade in their old 401(k)s for a new, more efficient retirement model.

NEW YORK— As members of the Class of 2012 join the work force or look to higher education, a new report illuminates the connection between poor STEM (Science, Technology, Engineering and Mathematics) teacher retention rates and young Americans’ chances of being relegated to low-wage, low-skill jobs that offer little economic security or opportunity.

Citing clear evidence that Alabama public assistance agencies are violating their federally-mandated responsibilities to offer tens of thousands of public assistance clients opportunities to register to vote, today attorneys from Demos, Project Vote, and the Lawyers' Committee for Civil Rights Under Law sent a pre-litigation notice letter to the Alabama Secretary of State on behalf of the Alabama State Conference of the NAACP. 

The Washington Post has a long story today that offers a horrifying glimpse into how one of America's largest banks systematically stripped wealth from the some of the poorest people in the nation. It details the sordid career success of a former star subprime loan officer at Wells Fargo:

The recent Fed report on household wealth contains yet more evidence of how distorted and unequal the U.S. economy has become.

The big headline around the study, which comes out every three years, has been that the household wealth of Americans dropped by 40 percent between 2007 and 2010, and is now basically where it was in 1992, adjusting for inflation.