Cass Sunstein’s Legacy of Distributing Industry Attacks on Regulation Inside the White House

By: Thursday August 9, 2012 5:00 pm

Basically, then-Chief of Staff Bill Daley and Cass Sunstein met with a bunch of oil and chemical lobbyists, Sunstein sent around objections to the rule from the National Association of Manufacturers and the Business Roundtable, and even quotes from House Republicans opposed to the standards, and all that was enough to make the case for delay. Lucky for the White House, Cass Sunstein was hyping business community attacks to help them make their decision.

In addition to passing around oil industry talking points inside the White House, Sunstein also forwarded along more obscure industry talking points.

Fiscal Cliff Already Having Impact on Hiring

By: Monday August 6, 2012 9:30 am

Nelson Schwartz reports that the prospects of Congress allowing the country to fall over the fiscal cliff, that combination of tax hikes and spending cuts set to trigger at the end of the year, has already led to businesses pulling back on hiring.

More Evidence Emerges That Romney Committed Felony By Lying to the FEC

By: Wednesday July 25, 2012 7:18 pm

AP has another story out detailing meetings and involvement with Bain Capital after the time when he claims to have ceased all involvement with the firm. And that activitvy conflicts with his sworn statements the gave to the Federal Election Commission.

Steven Pearlstein Informs Us of a Corporate-Led Coup of Deficit Hysterics

By: Monday July 23, 2012 1:10 pm

In the wake of the news about the expectations that the poverty rate rose in 2011 to pre-Great Society levels, I have to second Dean Baker’s story about the plans by the corporate elite to exacerbate that problem even more. Steven Pearlstein at the Washington Post wrote approvingly over the weekend of an effort by the nation’s leading CEOs to install a deficit regime that would demolish the social safety net.

Republicans Block DISCLOSE Act, Dems Pull All-Nighter

By: Tuesday July 17, 2012 6:45 am

As expected, Republicans filibustered the DISCLOSE Act last night, as the legislation that would have forced disclosure on political campaign expenditures failed 51-44. Republicans who voted all united against the bill, and they were joined by West Virginia’s Joe Manchin, who is sure to have a wide variety of independent expenditure ads funded by secret donors against him in his re-election campaign.

The War on Workers Comes to California, in Disguise

By: Thursday July 12, 2012 8:15 am

After the victory in Wisconsin, many wondered where conservative interests would strike next to finish off unions and permanently alter the power relationship between labor and capital. It appears the next step is California. In November, voters will decide on an initiative, Prop 32, that would “eliminate unions from having any voice in politics whatsoever,” according to one labor official.

10,000 Protest Wal-Mart in Los Angeles

By: Sunday July 1, 2012 11:50 am

In what was billed as the largest mass protest in history against the retail giant, an estimated 10,000 union members and community leaders rallied on Saturday against the building of a Wal-Mart Neighborhood Market in Los Angeles’ historic Chinatown. It’s one of three Neighborhood Markets slated for Southern California, carrying with them the threat of low wages, harm to small businesses in the area and, in the eyes of the protest organizers, poverty.

Romney Hounded By Continuing Revelations About Bain Capital

By: Monday June 25, 2012 10:00 am

First there was the Tom Hamburger story in WaPo showing that Bain specialized in investing in companies that shipped away American jobs. Then, the New York Times explained how the relative health of the companies in which it invested didn’t matter to their bottom line. Now the Boston Globe has a story on Mitt’s dealings with the firm headed by junk bond specialist (and convict) Michael Milken.

Chamber of Commerce Pitching Perfect Game at Supreme Court This Session

By: Saturday June 23, 2012 4:00 pm

Here in California, the state Chamber of Commerce designates a certain number of bills as “job killers.” When Arnold Schwarzenegger was governor, he would routinely veto almost every bill with such a designation that made it through the legislature. One year he vetoed all of them. The situation hasn’t improved all that much with Jerry Brown. The implication is clear – whatever the Chamber wants, the Chamber gets.

And that’s doubly true on the Supreme Court under Chief Justice John Roberts.

CEO Pay Climbs in 2011

By: Monday June 18, 2012 6:48 am

Corporate compensation for the highest paid executives rose again in 2011, though its still below the levels of 2017. Dean Baker has several suggestions for curtailing pre-tax inequality. And clearly this is needed when you look at the rising salaries of our nation’s CEOs.

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