In my latest column for the American Prospect, I write:
In 2011, grassroots economic-justice organizations mobilized protests at six corporate shareholder meetings. This year, there have already been 20, including the stunning disruption of Bank of America’s shareholder meeting last week to protest foreclosure abuses and funding for mountaintop removal mining, and another 20 protests are scheduled in the coming weeks. That alone says something about the rising scale of public anger at the abuses of crony capitalism, but such anger—even when it takes to the streets—doesn’t always lead directly to concrete policy change.
Yet last month, Citigroup shareholders rejected a lavish $15 million exit pay package for the company’s chief executive, Vikram S. Pandit. Shareholder activism is nothing new, but this was the first time on record that shareholders at a major bank successfully blocked a CEO pay package. Taken as a whole, this suggests that protesters aren’t just lone wolfs tilting at windmills but, rather, represent the moral mainstream of America, agitating for and starting to achieve changes in an economic system that no longer works for working people.
Evolving toward what? Read the piece!
On the dust up between Ann Romney and Hilary Rosen, I wrote for Politico’s Arena:
Hilary Rosen chose her words very poorly, but her point was spot on: Mitt Romney’s millionaire wife makes a lousy “economic adviser”.
And why, in the same piece, did I also go after Tim Geithner? Read it here.
Republicans are trying to distract from the war on women that they started (and are losing voters over) by manipulating economic data to claim that President Obama has hurt women workers while in office. Watch me unleash some facts:
Good jobs numbers? Blame Obama. Bad jobs numbers? Blame Obama. Mediocre jobs numbers? Blame Obama.
At least conservatives are consistent…
From my April 6, 2012 appearance on Varney & Co:
What does the movement stand for and where is it going?
Yeah, that was me insisting the Tea Party had some crazies carrying racist signs. And yeah, that was Eric Bolling denying it.
The protesters are not anti-American radicals. They are the defenders of the American Dream, the decision from the birth of our nation that success should be determined by hard work not royal bloodlines.
http://fxn.ws/pcKGz7
“America needs an economic recovery not just on paper but on principle — where the quality of life for workers rises as the quantity of jobs and our overall economy grows.”
http://reut.rs/p9gNZM
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