The Volcker Rule is a requirement in the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 that is sometimes referred to as a “mini-Glass-Steagall.”
In the wake of the worst effects of the Great Recession, African Americans, like Americans as a whole, are getting their balance sheets in order and paying down credit card debt. But new research from Demos’ National Survey on Credit Card Debt of Low-and Middle-Income Households finds that African Americans face challenges to their financial security that are unlike those of white households.
On behalf of The Leadership Conference on Civil and Human Rights and the undersigned organizations, we urge you to become an original cosponsor of “The Equal Employment for All Act” sponsored by Senator Elizabeth Warren (D-MA). In addition to the weak economy, job-seekers today confront another less discussed challenge— employers that require credit checks as a condition of employment.
In August 2011, Congress passed a strange piece of legislation intended to bind itself into the future. In spite of persistently high unemployment and an unremarkable deficit-to-GDP ratio, and in spite of public polling that consistently showed that creating jobs was the American public’s top priority, politicians inside the infamous Washington “Beltway” had spent months locked in a debate over ways to cut deficits and balance the federal budget—policies that would not create jobs and by some estimates would put millions out of work.
* This essay is adapted from a lecture delivered on the occasion of the award of the degree of Doctor Honoris Causa to Bina Agarwal at the Lustrum Ceremony of the 55th Anniversary of the Institute of Social Studies, The Hague, The Netherlands, October 18, 2007.
INTRODUCTION: GOING DEEPER THAN STRATEGIC COMMUNICATION
A popular recent meme on liberal social networks and left-leaning blogs summarizes ideological differences as follows:
While the partisan message is clear (only with liberalism's compassionate box-stacking does everyone get to watch baseball), conservative and libertarian critics of liberal equality also helped spread the image, mocking the inherent unfairness of giving some peo
INTRODUCTION
In the three decades after the Second World War, low- and middle-income households enjoyed income gains that grew in tandem with rising GDP levels and actually outpaced the gains enjoyed by the richest households. In short, if you wanted to report how “the U.S. economy was doing” or “how the U.S. economy was working for the vast majority,” you could just recite overall income growth rates.
Our data sets were provided and cleaned by Public Campaign. For the purposes of this report, Public Campaign used federal campaign contribution data made public by the Federal Election Commission (FEC) and then refined and augmented by the Center for Responsive Politics (CRP).
Elizabeth Ridlington and Miles Unterreiner of Frontier Group, Robert Hiltonsmith of Demos, and Kurt Walters of Public Campaign helped with data analysis for this report.
How taxpayers are bankrolling the paychecks of already-wealthy executives instead of supporting more livable wages for American workers struggling to get by.
After getting the First Amendment supremely wrong in Citizens United, the Supreme Court now faces its next money in politics case. In McCutcheon v. FEC, the challengers are attacking a law that says that no one person can contribute over $123,000 directly to federal candidates, parties, and committees—that’s over twice the average American’s income.
Fast food companies keep employees at poverty-level wages while reaping billions of dollars in profits. It drives inequality, slows growth, and lowers living standards.
These stories were taken from the thousands of stories submitted to the Consumer Financial Protection Bureau when they requested comments about private educational loans and struggles with student loan debt.