It seems there is little real relief on the horizon.
“If you’re coming out of college with an average number of $20,000 to $25,000 in debt and there’s no job out there, you’ve got a real problem,” said John Quinterno, a researcher who has studied the consequences of student debt.
Representative John Dingell (D-MI), the longest-sitting member of Congress, introduced a bill Thursday designed to force the Supreme Court to reconsider its Citizens United decision. Along with at least ten co-sponsors, Dingell's Restoring Confidence in Our Democracy Act, would ban corporations and unions from making independent political expenditures. It would also subject Super PACs to the same contribution limits that exist with other PACs.
Americans are, for the most part, completely unaware of just who -- or what -- is funding the 2012 presidential campaign.
Just 25 percent of likely voters say they have heard "a lot" about outside spending this election cycle, according to a new poll from the Pew Research Center, while a huge majority said they have either heard little or "nothing at all" about outside expenditures by groups not associated with the candidates or campaigns.
The 2012 elections are on track to be the nastiest in recent memory. By the tail end of primary season, in May, 70 percent of all presidential campaign ads were negative, up from a mere 9 percent at the same point in 2008.
Prominent Jewish Republicans flew to Israel last weekend to join presidential candidate Mitt Romney on his overseas trip. Among them were casino magnate Sheldon Adelson and his wife, Miriam.
The Adelsons were in the audience Sunday when Romney gave a policy speech in Jerusaleum. And at a fundraising breakfast Monday, Sheldon Adelson sat by Romney's side.
It’s no secret that some very rich people support the super PACs and other groups that have inundated the 2012 campaign with unlimited sums of cash. But a study to be released Thursday details the extent to which this kind of donating is the sport of the One Percent.
57 percent of all Super PAC donations in this election has come from a small circle of just 47 donors, says a new report by Demos. Those are the donors who have given over $1 million each; those who have given over $10,000 account for 94 percent of all Super PAC fundraising.
A new study by several public policy groups indicates that half of outside spending is from groups that don't reveal their donors. According to the data, the top five "dark money" groups spent just over $53 million on TV ads for the presidential race. But because of specific tax codes related to nonprofits, these groups do not necessarily have to disclose their donors or the amount they spend to the FEC.
A top concern raised by critics of the Supreme Court's 2010Citizens United decision was that it would unleash a torrent of poorly disclosed, if disclosed at all, spending by the superwealthy. Evidence continues to mount that's precisely what's happening.
A few people with a lot of money are responsible for the majority of contributions to superPACs, according to a new analysis by two watchdog groups.
It’s no secret that some very rich people support the super PACs and other groups that have inundated the 2012 campaign with unlimited sums of cash. But a study to be released Thursday details the extent to which this kind of donating is the sport of the One Percent.
The days between the Fourth of July and Bastille Day on the 14th are known for fireworks on both sides of the Atlantic. This year, more rockets and firecrackers than usual were going off, but they were inside hearing rooms in the British Parliament and the U.S. Congress. Barclays bank announced that it had been fined more than $450 million by regulators from both countries, and its CEO, Robert E. Diamond Jr., and COO, Jerry del Missier, both resigned. The fines were part of a settlement that granted Barclays immunity from potentially worse punishment for its manipulation of interest rates.
For all the talk about the need for voter-identification laws, you’d think millions of Americans were impersonating dead people to get their candidates elected, or casting multiple ballots after breakfast, lunch, and dinner.
Every day brings more reminders of the terrible unfairness that besets our country, the tragic reversal of fortune experienced by millions who once had good lives and steady jobs, now gone.
An article in the current issue of Rolling Stone chronicles “The Fallen: The Sharp, Sudden Decline of America’s Middle Class” and describes a handful of middle-class men and women made homeless, forced to live out of their cars in church parking lots in Southern California.
Are big corporations taking over American elections? It depends whether you ask liberals or conservatives, who can’t even agree on the basic facts.
In the liberal universe, big corporations have swallowed politics. Common Cause President Bob Edgar summed up this version of reality at a press conference in March, declaring: “We, the people, will not stand idly by while the country’s major corporations use their massive wealth to buy our democracy.”
Though it fell in a rather busy week and didn't grab much attention, another Supreme Court decision last week should have ramifications for Connecticut. The ruling affirmed the constitutionality of a Maryland law that counts incarcerated persons as residents of their last legal home addresses, not the prisons, for redistricting purposes.
On Monday morning, the U.S. Supreme Court issued a ruling which upholds a lower court ruling, and area returning citizens are pleased by the court's ruling.
Supreme Court Justices agreed with Maryland's “No Representation Without Population Act” in a summary disposition which means meaning the Justices based their ruling on existing briefs and did not engage in oral arguments. A lower court ruled that in the case of Fletcher v. Lamone, Maryland officials cannot count a prisoner's incarceration address, and must count their last known home of residence.
The U.S. Supreme Court affirmed Monday a lower court's ruling upholding Maryland's new congressional redistricting plan, which counts inmates as living at their last-known addresses instead of in their prison cells. But it may not be the last word on the matter.
Some Republican lawmakers opposed to the map, drawn once each decade based on U.S.
The movement has drawn some support from financial circles. Wallace C. Turbeville, a former Goldman Sachs banker who now is a senior fellow at Demos, a public policy research organization in New York,submitted testimony last month for the Senate Banking Committee in favor of more banking regulation.
As we all sit around waiting for the Supreme Court to hand down decisions on a whole handful of whoppers — the Affordable Care Act, the Arizona "Papers, Please" law — it was something the Court didn't do this week that may be the most overlooked matter of all. It has before it a case from Montana whereby that state's supreme court upheld Montana's 100-year-old ban on corporate campaign contributions in the face of the U.S. Supreme Court's decision in the Citizens United case.