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.”
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.
The Supreme Court issued a little-noticed decision in a Maryland case that gave the green light to states to eliminate the repugnant practice of “prison-based gerrymandering.”
The standard rap against regulation is that government uses a meat cleaver to clean up problems in the private sector that are better tackled with more nuance.
Yet regulation—or the threat of it—often serves to spur smart self-regulation that wouldn't otherwise occur. You want to see a scalpel at work? Wave around a meat cleaver.
A case in point is how banks are getting more serious about addressing consumer complaints now that the Consumer Financial Protection Bureau has created a database of complaints about banks and other financial institutions.
Five years after the fall of Lehman Brothers and the worst financial crisis since 1929, one thing seems certain: another meltdown of the financial system will eventually happen. Why? Because we still haven't fixed many of the problems that led to the last crisis.
New York, NY – 'Shadow Market' investment products have come under scrutiny following the banking meltdown, but they continue to be aggressively marketed to clients who can least afford the potentially catastrophic losses. Millions of American seniors could see their golden years turn bleak if the poorly regulated derivatives underpinning their investment plans implode, according to "How Safe Are Your Savings? How Complex Derivative Products Imperil Seniors' Retirement Security."
How Maine can use deposits of state tax revenue to tilt the economic playing field back toward Main Street businesses, our community banks, and long-term job growth.
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.
New York, NY – Today, the Census Bureau released a new data product that will assist state and local governments in avoiding prison-based gerrymandering, a practice which unjustly gives districts that contain prisons extra representation in the legislature. The Bureau’s accelerated release of 2010 group quarters table was hailed by Demos and the Prison
New York – Today, Demos, a national public policy and advocacy center that supports pro-voter election reform, applauded Montana Governor Brian Schweitzer for vetoing an anti-voter measure recently passed by the state legislature. The bill, HB 180, would have rescinded Montana’s so-called “late registration” period, a type of "Same Day Voter Registration" which allows citizens to register and vote at county clerks’ offices on Election Day and the preceding 30 days.
In 2010 and 2011, Maryland and New York took bold steps to correct the problem known as prison gerrymandering, a problem resulting from the United States Census Bureau’s practice of counting incarcerated individuals as residents of their prison cells rather than their home communities.
On the manner in which incarcerated populations are counted for purposes of redistricting. This issue has become increasingly important to the fairness of redistricting around the country.
The No Representation Without Population Act would correct within the state of Maryland a long-standing flaw in the decennial Census that counts incarcerated people as residents of the wrong location.
NEW YORK, NY – The idea of regulation — of using the institutions of government to set and enforce rules for the world of business — has come under fierce attack. This week, House committees will hold four separate hearings based on the premise that our nation’s economy is chafing under the restraint of excessive regulation and overly powerful regulators.
ATLANTA, GA — Citing clear evidence that low-income Georgia residents are being denied a legally-mandated opportunity to register to vote, attorneys sent a pre-litigation notice letter to Secretary of State Brian Kemp demanding that the Secretary immediately act to bring Georgia into compliance with the National Voter Registration Act (NVRA) or face litigation.
ALBUQUERQUE, NM – A coalition of voting rights groups scored a major victory yesterday in their lawsuit against New Mexico’s Human Services Division (HSD) and Secretary of State Mary Herrera, with a ruling by a U.S. District Judge that the State of New Mexico is in violation of the National Voter Registration Act (NVRA).