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One of the most visible signs of climate change was last summer’s prolonged extreme drought. Over eighty percent of the corn and soybean crops were impacted. Not surprisingly, we saw record food prices globally. Price increases due to drought are easy to understand given the reduction in crop supply that accompanies drought.
When we talk about leveling the playing field for energy solutions, we often talk about how fossil fuels receive the lion’s share of federal subsidies even though they continually post record profits. The renewable energy sector, in contrast, continually faces uncertainty over future funding.
We already know that a well-publicized corporate gift can put spit and shoeshine on a tarnished public image; a well-placed one can exert political leverage. But what about companies that use disaster relief as product placement?
Last week's election was historic for all sort of reasons: gay rights (and human decency) prevailed in Maine, Maryland, Minnesota and Washington; Romney's loss suggested that super PACs could not, in fact, buy the presidency; and President Obama will get the crucial chance to implement the Affordable Care Act.
The job of reforming Wall Street is far from finished. The most profitable investments for the big banks continue to be Washington lobbyists chipping away at reform and litigators challenging every major rule in court.
During the Presidential campaign, conservatives continued to falsely claim that oil and gas drilling had been restricted during the Obama Administration. In fact, as we pointed out, oil and gas production is at the highest level it’s been in decades.
Whatever your opinion of the election’s outcome, there seems to be have been a lot of agreement this year with President Obama’s assertion that the voting process itself is something “we have to fix.” One place to get a bird’s-eye view of Election Day chaos—besides your local polling place—was at one of the call centers set up by the Election Protection Coalition, a collection of voting and civil-rights advocates that runs a hotline, 1-866-OUR-VOTE, to help voters on Election Day.
President Obama's biggest failure in his first term was to not forcefully stem the flood of foreclosures that has been devastating lives, prolonging the economic slump, and stripping vulnerable groups -- particularly blacks -- of financial assets that took years to build up.
In turn, that failure was the result of another devastating mistake by Obama: picking Timothy Geithner to be Treasury Secretary and allowing that department to be way too cozy with the big banks.
Are you breathing a sigh of relief, job applicants? If a prospective employer runs a background check prior to hiring you, the chances they’ll falsely learn that you’re an armed robber, “a sex offender who [is] in prison at the time” or something similarly misleading are “less than 10 percent” according to an attorney for the National Association of Background Screening Professionals.