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Did you hear that one of the biggest banks in America just agreed to one of the biggest penalties ever for committing one of the biggest financial frauds in U.S. history? It happened just the other day and, no, chances are you didn't hear because the story was buried in the business section.
The bank is Bank of America. The penalty is $6.3 billion.
Despite the fact that Tennessee has one of the most restrictive photo ID requirements for voting in the nation, the state is rarely discussed when voter ID is the topic. However, Tennessee’s law will now allow college students to use their university identification cards to vote, just like in Texas and North Carolina, the poster children of voter ID. In each case, it seems, students decided they were tired of being unseen and unheard.
Remember when the Democrats won both houses on Congress in 2006, and everyone predicted that committee chairs like Henry Waxman would launch far-reaching investigations of the Bush Administration? It never happened, and not because of a lack of potential scandals to dig into. Democrats apparently didn't see much point in burying an already unpopular administration in subpoenas. Instead, they stayed relatively positive and won the presidency in 2008 by a healthy margin.
Our political class is feuding about whether Rep. Paul Ryan is a racist. Rather than fearing that this donnybrook degrades political discourse, we should welcome it.
Ryan sparked the controversy when he blamed poverty on “a tailspin of culture” in our “inner cities,” while invoking for support Charles Murray, notorious for postulating the genetic inferiority of blacks. Within hours, Rep. Barbara Lee rebuked Ryan for launching “a thinly veiled racial attack.”
McDonald's has come under fire lately for cheating workers out of wages they were owed, and this is just the latest example of the spotlight being shined on the bad treatment of workers by some of America's biggest employers.
New York is on the cusp of adopting a campaign finance reform that would amplify small donations with matching funds, reducing the power of big special interest money over the state's politics. It would also allow New Yorkers to claim the mantle of the first state to take back their democracy in the era of Citizens United and unprecedented campaign spending.
But adopting Fair Elections would accomplish something else badly needed in our democracy: more diverse representation in our political leadership.
If you ask many progressives what changes they'd like to see long-term, and encourage them to think big, they might imagine an America that looks something like Denmark. Indeed, last year Bernie Sanders traveled around Vermont with the Danish ambassador to the United States to tout all the great things that that country does. As Sanders wrote in an article after the road trip:
SACRAMENTO – In a victory for voting rights, the state of California has agreed to mail voter registration cards to nearly 4 million Californians who have signed up for health insurance through the state health exchange, Covered California, and to ensure that Californians who apply for health benefits through the exchange going forward are provided voter registration opportunities.