The mortgage servicing deal reached today between a coalition of state attorneys general and five major Wall Street banks is an important stepping stone in the effort to secure justice for homeowners victimized by the fraud and abuse behind the foreclosure crisis.
Virginia legislators are considering several bills that would make it more difficult for eligible persons to cast a ballot that will be counted, and would impose large costs for implementation. One bill requires photo identification in order to vote, while others require one of an enumerated list of identification documents. If the voter does not have identification he must sign a sworn statement of his identity and then cast a provisional ballot.
For decades, GDP has enjoyed supreme status as the predominant benchmark of our economic and social progress. In reality, GDP obscures or ignores essential aspects of Americans’ economic and social welfare, as well as important social and environmental dimensions of our national welfare and future well-being.
When someone from another country goes through the difficult process of becoming a naturalized American citizen, he or she should be entitled to full participation in our nation's democracy.
On Tuesday, December 13th, the Congressional Progressive Caucus unveiled the RESTORE the American Dream for the 99% Act. The bill, if passed, would create more than 5 million jobs and save more than $2 trillion. This is a comprehensive plan to put America back to work by reversing the failed policies of the past, which the “Super Committee” could not achieve.
Proof that when laws to protect peoples’ democratic rights are put into practice, they can have a major impact on bringing more voices into the political process.
The assault on the right to vote witnessed in 2011 is historic in terms of its geographic scope and intensity. Legislation enacted in states across the country to require government-issued photo identification and/or prove citizenship to register to vote, make voter registration more difficult, and curtail early voting is nothing short of blatant vote suppression, the likes of which has not been seen in generations.
Occupy Wall Street has, in the words of John Paul Rollert, “come to embody a common sense that something is wrong with American capitalism.” The problem Rollert points to is not with capitalism itself, but with a particular American version that has ceased to work for broad cross-sections of its population. Given America’s Depression-level income inequality and near-record levels of public and private indebtedness, it is extremely tempting to focus on bad outcomes as the problem.
The citizens of Maine will be voting tomorrow whether to keep the same-day registration system that they’ve had for nearly four decades. Since 1973, Maine voters have been able to walk into a polling place or a municipal clerk’s office on Election Day and register to vote.
Their employment prospects are dim, their debt is high, their lives are on hold and a stunning number are living with their parents, even into their 30s.
White youths are more pessimistic about their economic future than young minorities, though black and Hispanic youth are more likely to be in a worse financial position right now.
As President Obama dusts off his 2008 theme of “hope” in anticipation of his reelection campaign, he has a problem to get around: Among young voters, one of his most crucial constituencies, hope is, like, so yesterday.
I wrote last month about how the economy could shift the youth vote more toward a GOP candidate. A report out today by Young Invincibles and Demos, called "The State of Young America," finds that even though young people are still optimistic about their future, they are the first generation to be worse off than their parents in many respects.
More than a third of young adults have delayed going to college because of difficult economic conditions in the United States, says a report released on Wednesday by the progressive nonprofit organization Demos and the advocacy group Young Invincibles. Exactly half of 18-to-24-year-olds reported less than $5,000 in total debt; 8 percent owed more than $25,000, according to the report, “The State of Young America,” which also collects data on college-completion rates, tuition and student loans, and employment and health insurance.