Economy and Business

The Stumpf Banking System

The Stumpf Banking System

"Stumpf" is a German adjective for someone who's obtuse, slow on the uptake, imperceptive, or to put it bluntly, stupid. Ironically, it also happens to be the surname of Wells Fargo's CEO, who's now mired in the most shameful banking scandal yet. For seven years or...

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Clinton’s Surprising Debate Stumble on Trade

Clinton’s Surprising Debate Stumble on Trade

In her first debate with Donald Trump, Hillary Clinton delivered one of her more memorable one-liners when she quipped, "I think Donald just criticized me for preparing for this debate. You know what else I prepared for? I prepared to be president." Debate rules be...

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Trump Was Born on Third Base

Trump Was Born on Third Base

Donald Trump was born on third base, but claims he hit a triple. Throughout history, we’ve had many "born on third base" presidential candidates, including Mitt Romney, George W. Bush and now Trump. These politicians trumpet their business acumen, but reveal little...

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Another For-Profit College Folds

Another For-Profit College Folds

Picking the right college isn’t a fun process. Whether you’re a high school student eyeing your next step or a bit older looking to improve your career, the cycle of researching dozens of schools, preparing lengthy applications, waiting to hear back, and then figuring...

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Presidential Politics and CEO Pay

Presidential Politics and CEO Pay

Politicians love to beat up on overpaid CEOs. In the wake of the 2008 financial crash, Republican presidential candidate John McCain lashed out at executives of bailed-out banks, calling for their pay to be cut to the salary level of the President of the United...

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Preying on Our Paychecks

Preying on Our Paychecks

Labor Day weekend should be a time for Americans to celebrate the economic achievements of workers with barbecues and beach trips. But with U.S. corporations routinely taking advantage of their low-wage employees, we might as well rename it Labor Exploitation Day. The...

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Trump’s Tall Tax Tales

Trump’s Tall Tax Tales

An old saying asserts that falsehoods come in three escalating levels: Lies, damn lies, and statistics. But now there’s an even higher category of lies: a Donald Trump speech. Take his recent address on specific economic policies he'd push to benefit hard-hit working...

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Reagan Sold Your Future, Trump Will Too

Reagan Sold Your Future, Trump Will Too

Two generations ago, many white working-class Democrats bought into Ronald Reagan’s promise of a better nation. Eager for "morning in America" — and swayed by fear that advances for black people would come at their expense — they didn’t see that the shadow of a long...

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Taking Back Our Finance System

Taking Back Our Finance System

Instead of griping about the greedheads of Wall Street and the rip-off financial system they’ve hung around our necks, why don’t we Take On Wall Street? That’s both the name and the feisty attitude of a nationwide campaign that a coalition of grassroots groups has...

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Where Has All the Money for Our Schools Gone?

Where Has All the Money for Our Schools Gone?

As fall approaches, millions of moms and dads are scrambling to prepare for the first day of school, excited to support their children’s success. But are schools ready to receive our kids and foster that success? Increasingly, the answer is no. In at least 18 states,...

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