If you put out a complaint box for customers of US banks and financial firms, you will get hundreds of thousands of complaints. That’s what the Consumer Financial Protection Bureau—which was set up by Elizabeth Warren before she became a US senator—has discovered. And the bank that has drawn the most complaints is Bank of America. Wells Fargo, JPMorgan Chase, and Citibank were other top targets of consumer wrath.
When Leanne Brown moved to New York from Canada to earn a master’s in food studies at New York University, she couldn’t help noticing that Americans on a tight budget were eating a lot of processed foods heavy in carbs.
This joint interview with Carl and Rob Reiner is a first. The love and respect between father and son are just beautiful. Both Reiners are accomplished men in their own rights as actors and directors, and fine examples of engaged citizens. Enjoy the show! Continue reading TavisSmiley interviews Carl and Rob Reiner | PBS→
When the Bureau of Labor Statistics announced that 288,000 jobs had been added in June, critics cried foul. They said the news was misleading: The details showed a deteriorating job market, which many critics blamed on the Affordable Care Act requirement that employers provide workers with health insurance or risk prosecution or penalties.
But an examination of the data tells an entirely different story about what has hobbled the recovery from the Great Recession, which started in December 2007 and ended in the summer of 2009.
The House Ways and Means Human Resources Subcommittee is holding a hearing today on subsidized employment as a tool for boosting economic security. It is high time for Congress to re-examine the evidence on subsidized jobs and to discuss the potential this approach may hold for alleviating our country’s continuing unemployment woes and connecting disadvantaged workers to job opportunities.
“As a campaigner, Hillary can do a shot and a beer better than Barack Obama can,” Shapiro says. So there’s that.
As a reporter and columnist for Time, Newsweek, the Washington Post, USAToday, Esquire, Salon, and other publications, Walter Shapiro has covered nine presidential elections and the nation’s politics for four decades. He is currently a fellow at the Brennan Center for Justice at New York University and a lecturer in political science at Yale while he finishes a book about his great-uncle, a vaudevillian and con man who once swindled Hitler.
Shapiro is also an accomplished Hillary-ologist, having first interviewed Hillary Clinton in the Arkansas governor’s mansion for Time in September 1992. In early May, Shapiro sat down with Prospect editor-at-large Harold Meyerson to talk about a question he’s internally debated for years: On balance, would a Hillary Clinton candidacy and presidency be a good or bad thing for the liberal cause?
“The way to make a train go fast is to keep it from going slow.” July 29th, 2014 at 2:59 pm
That bit of Zen was told to me by one of the nation’s foremost rail experts back when I worked on that issue. He was explaining that part of developing a high-speed rail system entails straightening out existing curves in the track. But to me, it’s become a metaphor for the importance of financial market oversight.
