The big news item in Washington last week was Attorney General Eric Holder decision to resign. Undoubtedly there are positives to Holder's tenure as attorney general, but one really big minus is his decision not to prosecute any of the Wall Street cr...
A bizarre reminder of some of the most terrifying moments in U.S. financial history just kicked off in Washington: Former AIG CEO Hank Greenberg's hubris-filled case against the government went to trial on Monday. Greenberg claims that the 2008 bailo...
BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble is working on closing a tax loophole whereby German firms use so-called patent box tax breaks available abroad on profits generated from patented
'We have secret recordings taped inside one of the most powerful institutions in this country. It's a place we pretty much almost never get a glimpse inside. And they're revealing, and in lots of ways very disturbing.' This American Life
British Prime Minister David Cameron urged world leaders to adopt 10 “simple and inspiring” global goals to end extreme poverty in 15 years, including one that targets bribery and corruption.
Every indicator on poverty - from women dying in childbirth to children denied an education - shows that the more corrupt a society, the poorer its people, Cameron said on Wednesday at an event on the sidelines of the United Nations' annual meetings.
“Why in too many cases does aid not get through to the people who need it the most? The answer: corruption. Why do so many countries with massive mineral wealth have rich elites and large numbers in grinding poverty? Corruption,” he said.
“So don’t let anyone keep corruption out of how we tackle poverty.”
Yet getting countries to agree on anti-corruption goals has proved challenging, said Helen Clark, the U.N. Development Programme (UNDP) administrator.
Marquis Govan may only be 11 years old, but that's not stopping him from arguing for change in Ferguson, Missouri, the town that was rocked with protests and police brutality after an officer shot unarmed black teenager Michael Brown there in August....
My appetite for big issues and my desire to be a part of the larger debates all pointed me in the direction of the American political spectrum. Because really, who cares what happens in my local city politics? Even my Canadian national elections didn...
"Last week, the Barack Obama Foundation announced that the University of Chicago is one of four finalists to house the Obama Presidential Library, according to its mission of finding a site that reflects “President Obama’s values and priorities throughout his career in public service.”
If Obama chooses UChicago, however, he risks tying his legacy to the American university that perhaps most exemplifies higher education’s current crisis of mission. Rather than being institutions that prioritize free inquiry, research, and high-quality education, universities are increasingly acting like the worst of Wall Street, where anything goes in order make a buck for the people at the top."
Robert Reich says that one of the most deceptive ideas embraced by the Ayn Rand-inspired libertarian movement is that the free market is natural, and exists outside and beyond government. In other words, the “free market” is a constructed supernatural myth.
A new report showing the continued pileup of unpaid medical bills in states that didn’t expand Medicaid under the Affordable Care Act is escalating criticism on these Republican-led areas of the country to expand the health insurance program for the poor. The report out last week from the Obama administration shows [...]
This post was written by Chanchala Gunewardena, (Clark University 2011), Summer 2010 intern in WITNESS’ Communications department.
Last Thursday, WITNESS was invited to The Paley Center for Media for a screening of a special segment of NBC’s Dateline, titled America Now: Children of the Harvest. This piece, a follow up to a 1998 Emmy Award winning report on migrant farm workers and their families, attempts to see, what has developed and changed in the lives of a particular group of people twelve years on. More specifically however, it is focused on the issue of child labor, as migrant families who work in the agricultural sector tend to be assisted in their work by their whole family, including children under the legal working age (for this specific sector) of twelve.
Goldman Sachs Group Inc., the top adviser on corporate takeovers, is changing a policy addressing conflicts of interest to bar investment bankers from trading individual stocks and bonds, a person with direct knowledge of the matter said.
It is a moral disgrace that child poverty in the U.S. is higher than adult poverty, higher than for children in almost all other competitor nations, and higher than our country with the world's largest economy should ever allow....
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