Why isn’t the minimum wage today $22?

I am sick of hearing people opposing a rise in the minimum wage because it would be an intolerable burden on business that would cause them to lay people off or prevent them hiring workers or that it would cause rampant inflation. Suring a hearing of the Senate Committee on Health, Education, Labor and Pensions, senator Elizabeth Warren takes apart a restaurant owner David Rutigliano who tries to shiftily make this argument. [Read more…]

What the Cyprus crisis reveals about oligarchic control

The Cyprus government has extended the bank closure until next Tuesday, suggesting that the bailout plan proposed by the president is running into really heavy weather. The European Central Bank has apparently given the government a deadline until Monday to accept the deal or go bankrupt, so you can expect the Cypriot parliament to come under great pressure during the next few days. [Read more…]

A depressing anniversary

I feel obliged to note that today marks the 10th anniversary of the beginning, in the teeth of widespread worldwide opposition, of the unprovoked war of aggression by the US on Iraq, a war based on lies and sold to us by a dishonest government, cheered on by a supine Congress, and media propaganda. All those who were involved in that fraud should not only be ashamed of themselves but should have been exposed as liars and incompetents. But many of the principals refuse to acknowledge that they participated in an awful crime and have been allowed to get away scot free. [Read more…]

Film review: The Campaign (2012)

I watched this film last evening and it was good fun. It stars Will Ferrell as the incumbent congressman of a North Carolina district who is expecting to run unopposed until a misstep by him suggests weakness and prompts two wealthy brothers (thinly disguised versions of the real life Koch brothers) to back someone who will be beholden to them and allow them to transfer their sweatshops in China back to the US so that they can save shipping costs and thus increase their profits. [Read more…]

One big bank finally being brought to account?

The way the big banks have been getting away with their crimes is truly a scandal, with the white House, the Justice Department, and other federal agencies responsible for monitoring them either unwilling or unable to do anything about it. This leaves Congress as the only possible entity that can do something and senator Carl Levin (D-Michigan) has been almost single-handedly trying to bring some accountability. As we saw in the 2013 Frontline investigation The Untouchables and in the 2010 Academy Award winning documentary Inside Job, he used his powers as chair of the senate’s Permanent Subcommittee on Investigations to drag out of the top executives in the big banks information about how they manipulated the housing market and investor’s money in ways that impoverished the country while enriching themselves. [Read more…]

The problem of restricted empathy

Ohio’s Republican senator Rob Portman has written an op-ed in today’s papers announcing that he is reversing his long-standing opposition to same-sex marriage (he also opposed gay people adopting children, was a co-sponsor of DOMA, and even supported a constitutional amendment banning same-sex marriage) and now supports it. The reason for his surprising move? The fact that his own son told him in February 2011 that he was gay. [Read more…]