Institute for Policy Studies "I hope people are really clear that this is not an equal-opportunity recession, that it's hurting the weakest," says Dedrick Muhammad. "Generation Recession," from The Nation:
Source: www.thenation.com
Young people have lost 2.5 million jobs to the crisis, making them the hardest-hit age group.
Institute for Policy Studies
"More than a year after the onset of the financial crisis, three things are apparent: Congress has not passed any financial reform legislation (except for credit card rules); the more time passes, the more Wall Street objects to the prospect of any meaningful controls of its operations; and the legislation that has so ...far progressed in Congress is not commensurate with the scale of the crisis Wall Street caused." From Public Citizen.Read More
Source: citizenvox.org
More than a year after the onset of the financial crisis, three things are apparent: Congress has not passed any financial reform legislation (except for credit card rules); the more time passes, the more ...
Institute for Policy Studies Jan Schakowsky (D-IL) sits down with Goldman Sachs: "Forgive me for saying this," I said disingenuously, "but neither of you, as smart as you surely are, is worth 4,000 of my constituents," referring to the difference in the average salary of top executives in the financial sector and the average working person.
Source: www.huffingtonpost.com
This week I had an opportunity most Americans would relish, just as I did. I was able to unload on two top executives of Goldman Sachs who descended from on high to my office to 'educate' me on bonuses.
Institute for Policy Studies
As one of our perceptive Twitter followers noted on the unemployment numbers that came out today, "Aren't U.S. workers too big to fail?" They should be! http://www.epi.org/publications/entry/lo
Source: www.epi.org
This recession, already the longest and deepest economic downturn since the Great Depression, continued through July with the eighteenth consecutive month of job losses. This report on the labor market covers the Great Recession from its official start in December 2007 through July 2009. ...
Institute for Policy Studies One of our fearless interns heads to a House hearing on Copenhagen and climate change.
Source: www.ips-dc.org
I arrived yesterday morning at the House Foreign Affairs Committee hearing “Copenhagen and Beyond: Is there a Successor to the Kyoto Protocol?” I had hoped that there would be decent discussion ...
Institute for Policy Studies
"As the Obama administration's first year draws to a close, we're approaching another historic moment. The world's nations are negotiating a deal to steer the planet away from catastrophic climate change. And by December, if an agreement is reached at a summit in Copenhagen, developed countries like the United States w...ill have to step forward and put binding targets for reducing our greenhouse gas emissions on the table." http://www.commondreams.org/view/2009/11
Source: www.commondreams.org
It's been a year since Barack Obama's historic election as our first African-American president. That night, many Americans shed tears of joy, exchanged congratulatory embraces, and voiced high expectations for real change.
Institute for Policy Studies A look into what our courts have become, by Glenn Greenwald. "Even when government officials purposely subject an innocent person to brutal torture, they enjoy full immunity."
Source: www.salon.com
It's not often that an appellate court decision reflects so vividly what a country has become, but such is the case with yesterday's ruling by the Second Circuit Court of Appeals in Arar v. Ashcroft(.pdf). ...
Institute for Policy Studies
"The resurgent progressive movement needs to think more long-term, come together quickly, and systematically build a Progressive Legislative Exchange to share and hone a steady, perpetual stream of the best, actionable ideas that progressives and liberals, near and far, have to offer for public and private sector probl...em-solving." http://www.huffingtonpost.com/bill-goold
Source: www.huffingtonpost.com
The resurgent progressive movement needs to think more long-term, come together quickly, and systematically build a Progressive Legislative Exchange to share the best ideas.
Institute for Policy Studies "Under the pay czar's plan, 73% of the top bailout executives will make more than President Obama."
Source: www.courant.com
When President Obama named a "pay czar" in June, he raised hopes that the era of out-of-control executive pay may be over. Unfortunately, the pay czar's recently released rulings did little to alter a compensation system that was a key cause of the economic crisis. ...
Institute for Policy Studies It's no longer just the same old song and dance: India's film industry is tackling some pretty serious topics. From our Foreign Policy In Focus project: http://bit.ly/VcI59
Source: bit.ly
The opening scene of Mr. and Mrs. Iyer (2002) comes as a shock to the seasoned Bollywood enthusiast. A montage of news reports flickers across the screen. Images from 9/11, the murder of Daniel Pearl, ...
Institute for Policy Studies
"Anyone infuriated by the grossly inflated compensation of the masters of finance should check out the incredible earnings of the top executives in the health insurance business. They’re among the most highly paid suits in the country—not owing to any skill in providing health care, which they don’t do, but because the...y have succeeded in denying care, quashing competition, driving up costs and winning federal subsidies for their companies."Read More
Source: www.truthdig.com
2009/10/21 - Anyone infuriated by the grossly inflated compensation of the masters of finance should check out the incredible earnings of the top executives in the health insurance business. - Playing Monopoly With America’s Health
Institute for Policy Studies Fantastic interview with the Yes Men on FPIF today, with Mark Engler:
Source: www.fpif.org
Over the past 10 years, the Yes Men have emerged as an infamously daring and creative duo of anti-corporate pranksters. In their new movie, The Yes Men Fix the World, Andy Bichlbaum and Mike Bonanno (known ...
Institute for Policy Studies
"'We can't go back,' a resolute White House press secretary Robert Gibbs told the nation earlier this year, 'to the type of pay structure that incentivized wild speculation, like we had before this economic collapse.'
We now have gone back. But could the situation have turned out any differently? Could U.S. officials be... doing more, given the complexities of our globalized economy, to prevent a return to standard executive pay operating procedure? They surely could."Read More
We now have gone back. But could the situation have turned out any differently? Could U.S. officials be... doing more, given the complexities of our globalized economy, to prevent a return to standard executive pay operating procedure? They surely could."Read More
Source: www.ourfuture.org
Home Feature Box: Can excess on Wall Street ever be ended? Maybe. Some lawmakers in France have a plan that could end it. Can excess on Wall Street ever be ended? Maybe. Some lawmakers in France have a plan that could end it. more »
Institute for Policy Studies
Some contextual factors missing here, but still a fascinating chart. Via Kevin Drum and Mother Jones: http://www.motherjones.com/kevin-drum/20
Source: www.motherjones.com
From Erik Voeten, this chart shows how often the rest of the world has supported U.S. positions at the United Nations over time. With the exception of a spike in support from Eastern Europe and central Asia after the fall of the Soviet Union in
RECENT ACTIVITY
Institute for Policy Studies changed their Founded.
