Economy

Power Grab: 'Investor-State Dispute Settlements' Are the Worst Thing You’ve Never Heard Of

Power Grab: 'Investor-State Dispute Settlements' Are the Worst Thing You’ve Never Heard Of
Arbitration has become an integral part of trade agreements like NAFTA and the TPP. What does that mean for consumers? Well, for a start, it's an end-run around courts, laws, the Constitution, and pretty much all things democratic.
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South Carolina Small Business Chamber of Commerce Endorses $10.10 Federal Minimum Wage

South Carolina Small Business Chamber of Commerce Endorses $10.10 Federal Minimum Wage
South Carolina's Small Business Chamber of Commerce has now publicly advocated for a federal minimum wage increase, to $10.10. South Carolina has no state mandate on the minimum wage, meaning that only a federal increase would benefit the state's workers in the near term.
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Musical Protesters Fight Mall Sprawl in Seattle Suburb

Musical Protesters Fight Mall Sprawl in Seattle Suburb
In the department of creative protest tactics, residents in the Seattle suburb of Bainbridge Island are raising their voices in song to stop a shopping mall developer from building a large Walgreens, and have made a fun crowdsourced music video to promote their boycott campaign.
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Money in Politics Fuels Student Loan Debt

Money in Politics Fuels Student Loan Debt
Wall Street has found another way to make money at the expense of our future: student loan debt. The amount of debt held by recent graduates increased an astonishing 20 percent from 2011 to 2013, reaching a total of more than $1.2 trillion.
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Sorry Conservatives, 'Put A Ring On It' Is Not An Anti-Poverty Program

Sorry Conservatives, 'Put A Ring On It' Is Not An Anti-Poverty Program
Conservatives say marriage is the “ultimate anti-poverty program,” and claim that most of our economic woes would vanish if more people got hitched. A new study suggests marriage barely makes a dent in poverty.
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Treasury Decision: 'Inversion' Tax Cheats May Finally Get Their Due

Treasury Decision: 'Inversion' Tax Cheats May Finally Get Their Due
The practice of "inversions," whereby a US corporation gobbles up a foreign entity than basically revokes its citizenship to avoid taxes, is getting some heavy scrutiny by Treasury Department head, Jack Lew. Lew will rule soon to diminish incentives that lead companies down the rosy tax cheat path.
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Profiting from America's Misery

Profiting from America's Misery
The profit motive fogs the thinking of free-market advocates. The Economist gushes, "Take a bow, capitalism...the biggest poverty-reduction measure of all is liberalising markets to let poor people get richer." Forbes proclaims its belief in "the unmatched power of capitalism to improve human life."
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Next Generation Works to Save Family Farms from Corporate Buyouts

Next Generation Works to Save Family Farms from Corporate Buyouts
Carol Ptak and her husband own Blacksmith Ranch, a small grass-fed Highland Cattle operation just outside of Rochester, Wash. The farm sits on more than 100 acres halfway between Seattle and Portland. Besides cattle, Carol and her husband raise quails, chukkaras, and pheasants.
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Defrauded Homeowners, Already Wronged Once, Could Carry Tax Burden BoA Won't Share

Defrauded Homeowners, Already Wronged Once, Could Carry Tax Burden BoA Won't Share
A loophole in the fines Bank of America are forced to pay out could have homeowners hit with a hefty tax burden – all while the bank that defrauded them gets to write off its criminal behavior.
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Federal Approval of Mega-Meat-Merger Harms Consumers

Federal Approval of Mega-Meat-Merger Harms Consumers
On Wednesday, the U.S. Justice Department approved the merger between Tyson Foods and Hillshire Brands, requiring an important divestiture, but nonetheless allowing one of the largest meat processing mergers in years.
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