Modest Pension Benefits Play Little Role in Financial Crisis
DETROIT — In their push for bankruptcy, Emergency Manager Kevyn Orr and other public figures are incorrectly looking at Detroit’s long-term debt—figures generated using aggressive and in some cases inaccurate assumptions—to the detriment of solving the City’s immediate cash-flow crisis and its long-term structural challenges, according to a report released Wednesday by Demos.
How taxpayers are bankrolling the paychecks of already-wealthy executives instead of supporting more livable wages for American workers struggling to get by.
A new report details how the failure to finalize rules harms the American people by compromising the safety of food, automobiles, workplaces and protections for investors.
On March 15, 2013, the Senate’s Permanent Subcommittee on Investigations held hearings on the London Whale scandal. The indomitable and indefatigable Chairman Carl Levin, ably supported by the brilliant committee chief of staff, Elise Bean, took on six JP Morgan Chase (“JPMC”) current and former executives for four hours and three regulators for two, with support from other Committee members.
Demos released a new report showing how the rise of high frequency trading (HFT) comes at a massive cost to the real economy, despite Wall Street’s claims to the contrary.
The Coalition for Sensible Safeguards has produced a report detailing five areas in which protections significantly help make the December and New Year festivities a safer and more joyful experience.
A median-income, two-earner household will pay nearly $155,000 over the course of their lifetime in 401(k) fees, according to a new analysis by national public policy center Demos.
A Vermont Partnership Bank will generate new revenue for Vermont, save local governments money, and make our small businesses, farms and consumers less vulnerable to cutbacks in lending in our state.
For decades, GDP has enjoyed supreme status as the predominant benchmark of our economic and social progress. In reality, GDP obscures or ignores essential aspects of Americans’ economic and social welfare, as well as important social and environmental dimensions of our national welfare and future well-being.
We can’t afford to let Wall Street keep taking us for a ride: Americans need a strong Consumer Financial Protection Bureau to bring fairness and accountability to the financial sector.
On Tuesday, December 13th, the Congressional Progressive Caucus unveiled the RESTORE the American Dream for the 99% Act. The bill, if passed, would create more than 5 million jobs and save more than $2 trillion. This is a comprehensive plan to put America back to work by reversing the failed policies of the past, which the “Super Committee” could not achieve.