New York Governor Andrew Cuomo spent his career cultivating the image of a man who gets what he wants. In 2011, he rammed same-sex marriage legislation through the legislature, even with a Republican-controlled Senate. In 2012, when he wanted New York to be the first state to pass gun-control laws after the Newtown shooting, he was similarly productive. This year, Cuomo has said he wants to make state elections fairer, by lowering contribution limits and supplementing small donations with public dollars to give them more weight.
Borrowing a line from Tolstoy, Gar Alperovitz’s latest book, What Then Must We Do?: Straight Talk About the Next American Revolution, seeks to resolve a troublesome political puzzle: How do we eradicate systemic problems like inequality, climate destruction, and poverty when these problems seem to get worse and worse, year after year, despite the good efforts of social reformers, progressives, and radicals of all stripes? Good question.
One by one, the House Financial Services Committee has rubber-stamped industry approved bills that would weaken elements of Dodd-Frank designed to hem in risky derivatives trading.
For lawmakers in Washington, the daily chase for money can begin with a breakfast fundraiser in the side room of a Washington restaurant.
At noon, there might be a $500-per-plate lunch with lobbyists in a Capitol Hill town house. The day might wrap up in an arena sky box in downtown Washington, watching a basketball game with donors.
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.
Imagine that you're trying to make an extremely complicated decision. You want to understand the facts and do the right thing. At one ear, you have someone -- perhaps a former colleague -- who whispers you highly detailed advice six times a day, cajoling and pleading. At the other ear, is someone who whispers you advice only once or twice a week.
With a contracting retirement income system, rapidly rising health-care costs, and the prospect of long-term care expenses, one would have thought that people approaching retirement would be paying off their credit card debt and closing out their mortgages. But surveys suggest that people are entering retirement with more debt than ever before and relying on borrowing to cover expenses in retirement.
Housing prices are coming back and consumers—feeling flush now that their home equity is rebounding—are more confident than they've been in four years. The American middle class is finally getting back on its feet after a half decade of trauma, right?
Progressive organizations in New York City and Washington, D.C. rail a good amount against big banks. But not enough of those organizations have cut themselves off from those "too-big-to-fail" institutions to join, say, the Amalgamated Bank (AB), a bank which does not have a history of scandals and scams that banks like Bank of America, Wells Fargo, and JPMorgan Chase do.
It used to be that many Americans entered retirement having paid off their mortgages and most of their other debts. This should have been senior citizens' Golden Years.
Nowadays, more and more people over the age of 65 are struggling with mounting debt levels, fueled primarily by mortgages and credit cards. The average debt held by senior citizens has ballooned to $50,000 in 2010, up 83% since 2001, according to Federal Reserve data crunched by the Employee Benefit Research Institute. [...]
In response to today’s White House announcement of intended appointees to the Presidential Commission on Election Administration, Demos President Miles Rapoport released the following statement.
As the capital is engulfed in scandals, advocates of campaign finance reform are intensifying their pressure on Gov. Andrew M. Cuomo, urging him to persuade the Legislature to rewrite state elections law in the hope that change in New York could have an influence nationally.
The National Voter Registration Act set the first ever national standards for mail-in registration and increased the number of places people could register to vote, including motor vehicle and public assistance offices.
New rules to regulate derivatives, adopted last week by the Commodity Futures Trading Commission, are a victory for Wall Street and a setback for financial reform. They may also signal worse things to come.
Since NVRA was passed, citizens can now register to vote when they go to public assistance offices to apply for welfare or disability benefits, or at their local DMV when they apply for a drivers license — hence the nickname “Motor Voter Act” — and also allowed for mailed-in registration forms. The result was that over 30 million people registered via the new paths opened by NVRA in its first year.
New York, NY – As Coloradans celebrate the expansion of their freedom to vote and North Carolinians fight to protect theirs, national public policy institute Demos will mark the 20th Anniversary of the passage of the National Voter Registration Act, better known as the “Motor Voter” law on Monday, May 20th by releasing a new report analyzing its impact.
In 2012, no one, it seemed, could afford to sit on the sidelines. Having decried super PACs as "a threat to democracy," Obama and his advisers flip-flopped and blessed the creation of one devoted specifically to reelecting the president. Soon, they were everywhere, at the local, state, and federal levels.
With Jamie Dimon under growing fire from shareholders of JP Morgan Chase, one possibility is that he may relinquish his role as chairman of the board but remain as CEO. That raises an interesting question: Why does Dimon hold both jobs to begin with?