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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.

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? 

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. 

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.

Getting Americans to borrow and spend lots of money can produce a nice economic sugar high, as we saw during the Bush years. But the party can't last forever and, eventually, heavy debt servicing acts as a drag on the economy. After all, the more money that debtors are forking over to banks every month in the form of interest payments, the less they have to spend on everything else.

For several years, Walmart has placed or tied for last among department and discount stores in the American Customer Satisfaction Index.

The situation for the workers is even less satisfying. Hundreds went on strike on Black Friday last fall. With the backing of the United Food and Commercial Workers (UFCW), thousands of Walmart employees have formed an association called OUR Walmart that works with community activists to pressure the company to make changes.

OUR Walmart has stressed the importance of flexible, consistent scheduling and adequate hours.

My name is Roxanne Mimms and I work for a food service contractor at the National Zoo.  I work full time but make barely minimum wage. I’m here because workers can’t live off what contractors pay us.  I’m here because I don’t want my two children to grow up on public assistance.  I’m here because I have dreams – My American Dream is a good job with fair wages to provide for my children, being able to pay my bills on time and save for the future.

The banks have systematically figured out how to rip off the government,” Lerner says. 

Part of that ripoff was the LIBOR scandal, which had a “massive consequence on everything,” according to Wallace Turbeville, a former Goldman Sachs employee and current senior fellow at nonpartisan think tank Demos.

In his column today, Ezra Klein makes a very strange, and untrue, assertion. In talking about campaign finance reform, Klein claims that small donors are as problematic as big money. Klein writes: