How JP Morgan Chase has made the case for breaking up the big banks

16 May

J.P. Morgan Chase & Co., the nation’s largest bank, whose chief executive, Jamie Dimon, has led Wall Street’s war against regulation, announced Thursday it had lost $2 billion in trades over the past six weeks and could face an additional $1 billion of losses, due to excessively risky bets.

Will CEO pay excess outlast our ‘shareholder spring’?

15 May

A string of surprising ‘say on pay’ votes has some executive pay critics sensing an impending revolution in corporate boardrooms. But that ‘revolution’ won’t amount to much until mainstream CEO pay reformers start factoring worker pay into the corporate compensation equation.

How conservative religion makes the right stronger

14 May

We may not share their theology, but right-wing religion teaches powerful lessons on courage, confidence and foresight that we could stand to learn.

Yes, we do!

12 May

I cry at weddings. What can I say? I’m a mush. But yesterday, I cried because a dozen of my friends were rejected when they asked to make the same legal contract my husband and I made 29 years ago. The Campaign for Southern Equality sponsored a “We Do!” rally here in Asheville. More than [...]

A class in genocide

10 May

Future leaders in the United States armed services have been taught by the military that Muslims must be wiped out through “total war” before the terrorist threat to America is erased. In classes, they were told that the US needs to use “Hiroshima tactics,” killing not just soldiers, but entire cities and that civilian populations [...]

Wealthy of the world, unite — and party!

10 May

From Manhattan to Monaco, the world’s super rich are fashioning themselves into a new global tribe of footloose and stateless. The rest of us get to gawk — and foot the ultimate bill.

Way To Go, Joe! Biden and POTUS Do The Right Thing re: Marriage Equality

9 May

Can I just say how much I love Joe Biden??? I love Joe Biden. I always have. I love that he will speak his mind, whether it is politically correct, or whether it’ll piss somebody off. I love that he speaks from the heart, whether it’s to say he supports same-sex marriage or whether it’s [...]

Snapshots of austerity: Detachment

9 May

Where austerity goes, violence and unrest follow. The danger lies in the unpredictable nature of public anger, once ignited. When sparks fly, there’s no telling where they catch fire or who will get burned.

Cry tonight, fight tomorrow

8 May

It’s been a long time since I’ve felt this frustrated. A minority of North Carolina’s registered voters just robbed hundreds of thousand of people of their rights. Our state constitution has been amended to discriminate against people who aren’t legally married all in the name of “family values.” Now we don’t just have a law [...]

The GOP’s death wish

8 May

What are the three demographic groups whose electoral impact is growing fastest? Hispanics, women, and young people. Who are Republicans pissing off the most? Latinos, women, and young people. It’s almost as if the GOP can’t help itself. Start with Hispanic voters, whose electoral heft keeps growing as they comprise an ever-larger portion of the [...]