Sometimes it’s hard to keep up with all the protest movements and boycott groups, and they get lost in the shuffle. But a quietly successful movement against ALEC, the American Legislative Exchange Council, deserves some attention.
Coalition Successful at Getting Corporations to Drop ALEC |
| By: David Dayen Thursday April 5, 2012 2:05 pm |
The Critiques Against Jim Young Kim, Both Good and Bad |
| By: David Dayen Tuesday March 27, 2012 5:12 pm |
The backlash against Jim Yong Kim, President Obama’s choice for the World Bank, has begun. A couple pieces in the Financial Times make the case. One argument is that he’s not a financial economist in the World Bank mold; another is that there are other candidates with better qualifications traditionally required of the job.
Apple Holding $60 Billion in Offshore Reserves for Ransom |
| By: David Dayen Tuesday March 20, 2012 3:16 pm |
Apple announced a roughly $10 billion annual dividend and a share buy-back program, designed to make use of their hundreds of billions in cash reserves. They estimate it will cost about $45 billion over the next three years, but that leaves tens of billions in profits oversees, while Apple lobbies Congress for a tax-free repatriation of foreign profits.
Good Economic News: Signs of Wage Increases |
| By: David Dayen Thursday March 8, 2012 4:00 pm |
In many ways this is the best economic data since the beginning of the recession. The Labor Department reports that unit labor costs have risen above the level of inflation for the first time since the end of 2008. And much of that can be attributed to higher wages, according to the Wall Street Journal.
On Citizens United Anniversary, Constitutional Amendment Movement Grows |
| By: David Dayen Friday January 20, 2012 5:15 pm |
Today is the second anniversary of the Supreme Court’s Citizens United decision. If you think it’s going well, ask your local Presidential candidate how he likes those SuperPAC ads.
Several actions are taking place today.
Bill Daley Resigns as White House Chief of Staff |
| By: David Dayen Monday January 9, 2012 2:10 pm |
When Bill Daley was relieved of the Chief of Staff part of the Chief of Staff job, I thought he’d just end up as an appendage, a corporate bagman. But over the past several weeks, the White House has stepped away from the corporate-friendly pose they cultivated with the Daley appointment, and Daley became far less relevant. Today he resigned to join the reelection campaign.
“Corporations Are Not People” in Ninth Circuit Ruling |
| By: David Dayen Monday January 9, 2012 11:40 am |
An en banc ruling in the Ninth Circuit Court of Appeals contends that corporations are actually not people, when the case in question considers an individual writing and mailing “death threats” to corporations.
Montana Supreme Court Challenges Citizens United, Rules for State Corporate Contribution Limit |
| By: David Dayen Wednesday January 4, 2012 7:10 pm |
So this is interesting. The Montana Supreme Court basically threw down a challenge to the US Supreme Court to revisit the Citizens United decision, by upholding a state law that mandates corporate contribution limits.
Gingrich Episode Exemplifies Revolving Door, Corporate-Political Complex |
| By: David Dayen Thursday December 29, 2011 1:45 pm |
Yes, of course Newt Gingrich was a lobbyist, because that’s the only reason political figures get paid millions of dollars by corporations. It’s not to give advice. They have large payrolls with all the strategists they’ll ever need. The only thing they don’t have are front men to make sure their strategies get put into action on Capitol Hill.
Corporate Endorsers Dropping Support of Stop Online Piracy Act |
| By: David Dayen Friday December 23, 2011 1:40 pm |
The dynamic is clear. Once SOPA (and its Senate counterpart Protecting IP Act, or PIPA) became high-profile among the Internet community, the lazy endorsements from companies and various hangers-on became toxic. And now those supporters are scrambling, hollowing out the actual support for the bill. Suddenly, a bill with “widespread” corporate support doesn’t have much support at all. And remember, the corporate support was the only thing propping up SOPA; it’s not like there’s a grassroots army urging Internet censorship.


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