NEW YORK - Today, Demos and O’Melveny and Myers LLP filed an amicus curiae brief in the U.S. Supreme Court in support of respondents in Arizona v. Inter Tribal Council of Arizona (No.
It took just 32 billionaires and corporations giving Super PACs an average of $9.9 million apiece to match every single dollar given by small donors to Romney and Obama in the 2012 election cycle, according to new report.
Not since the years before the Watergate scandal has a small cadre of mega-donors influenced our elections as much as wealthy givers such as casino tycoon Sheldon Adelson, DreamWorks Animation CEO Jeffrey Katzenberg, Texas homebuilder Bob Perry, and Chicago media mogul Fred Eychaner did in 2012.
New York, NY — New York activists will rally for democracy under the banner “Money Out, Voters In” on Saturday, January 19, the weekend marking civil rights leader Martin Luther King, Jr.’s birthday and the anniversary of the damaging Citizen’s United Supreme Court decision. People in over 65 cities and 32 states are rallying to demand lawmakers pass measures that limit the corrosive influence of money in politics and expand democratic participation at the polls.
WHAT: Telephone press conference to demand an end to the growing threat to our democracy posed by voter suppression and unlimited corporate and special interest spending in elections. Momentum is growing nationwide, with more organizations, policymakers and citizens calling for change. On the call, groups will preview rallies and demonstrations being held nationwide on or around Saturday, Jan. 19, to coincide with the third anniversary of the U.S. Supreme Court’s Citizens United v. Federal Election Commission decision (Jan. 21), Martin Luther King Jr.
WASHINGTON, D.C. – The Corporate Reform Coalition applauds the Securities and Exchange Commission’s (SEC) commitment to seek disclosure of all corporate political spending in response to a historical demonstration of investor demand for such a rule-making.
WASHINGTON, D.C. – In response to the Securities and Exchange Commission’s (SEC) commitment to consider a proposed rule to require disclosure of corporate political spending, the Corporate Reform Coalition will hold a press call on Tuesday, January 8th at 9:30 am to discuss this positive development, share expert analysis, and urge the agency to move swiftly to complete the rule-making this year.
New York -- In response to the late night passage of a tax deal by the US House of Representatives, Miles Rapoport, president of the national nonpartisan public policy organization Demos released the following statement:
"It is in the nature of a complicated bipartisan agreement that it looks very different depending on what prism you look at it through. Two elements are critically important: what is actually in the bill that passed and the President will sign, and how its passage ‘sets up’ the future fiscal debates.
Though technology and innovation have squeezed trading costs, the industry's profits are accounting for a bigger share of U.S. GDP, a former Goldman banker says, needlessly diverting some $635 bln from the broader economy. It lends credence to ideas like a transaction tax.
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.
Before the Great Recession, the financial sector had consistently been eating up a greater and greater share of the economy. In 2007, it accounted for a whopping 40 percent of corporate profits. Before 1950, the financial sector made up less than 3 percent of GDP; now it makes up more than 8 percent.
WASHINGTON (MarketWatch) — Massachusetts Senator-elect Elizabeth Warren is likely to focus her efforts on the Senate Banking Committee in areas that go far beyond her bread-and-butter expertise in consumer protection, analysts say.
NEW YORK -- The United States faces a retirement crisis that threatens future retirees and the next generation of workers. The voluntary employer-sponsored retirement system covers fewer and fewer Americans, often leaving Social Security, originally intended as a supplement to other forms of retirement, as the major source of income for 40 percent of older Americans. Even workers still covered by an employer retirement plan have had their benefits weakened.
It is really terrific to see retailers here giving critical attention to the Demos study. As a former business owner in the health services industry, I do realize that these problems are more than just abstract theory. That's one of the reasons why Demos and I thought it would be useful to evaluate the possibilities for adopting this business model across the retail sector, especially as the importance of retail to the US economy continues to grow.
“Black Friday” sales are debt traps for people to rush out and buy on credit.
But we can fix this on both the wage and profit ends of the continuum. It’s not that complex a fix, but it requires seeing our country as a whole, as one people who rise and fall together.
We can fix this whole mess and have something for which we could really give thanks, if we just paid workers a little more.
Walmart has been on something of a charm offensive where the public is concerned (and anintimidation offensive where its workers are concerned), hoping to blunt the impact of the Black Friday rebellion.
"Everyone is part-timed to death at these stores," Walton said. "When they sign up for these shifts, it's 'I don't get enough hours, I'm dying for hours, so I'll work these shifts.' Until we do something to stop the part-timing of the workforce, we're going to see this happen."
"Workers want to stop this before it becomes an absolute standard to work on Thanksgiving," Walton added.
More broadly, the widening inequality reflected in the gap between the pay of Walmart workers and the returns to Walmart investors, including the Walton fammily, haunts the American economy.
A new study released by the progressive think tank Demos on Monday estimated that if retail workers were given a living wage, hundreds of thousands of Americans would be lifted out of poverty and the wage boost would significantly bolster the economy.