Thom's Blog

Banksters Get Help But Not Homeowners?! Are We Crazy?

It’s time to start helping the people, and stop helping Wall Street. According to an agreement announced earlier today, big bank Citigroup will pay $7 billion to settle a Department of Justice investigation into that bank’s involvement with risky subprime mortga

We are subsidizing our own destruction.

The fossil fuel industry is cashing in on government welfare. According to a new report from Oil Change International, the oil, gas, and coal industries raked in $21.6 billion dollars in state and federal subsidies in 2013 alone. In comparison, the entire 2013 budget request for the Department of Labor was only $12 billion dollars, and the Environmental Protection Agency only requested about $8 billion.

How to leap frog carbon...

The world is going solar. According to new data released by the Fraunhofer Institute, in the first half of 2014, renewable energy, like solar power, accounted for almost 31% of ALL electricity

Japan’s Near Miss Shows It’s Time to Say “No” Nukes

Japan narrowly missed another nuclear disaster. Today, the island nation of 126 million people is anxiously awaiting the arrival of Typhoon Neoguri, a storm that was once so strong that meteorologists called it a “once in a decade” storm.

Does the Economy Serve Us or Them?

Let’s talk about the destruction of the American economy – mergers and acquisitions style. As The New York Times points out, back in 1994, Massachusetts allowed its two most prestigious hospitals – Massachusetts General and Brigham and Women’s

What West Virginia can learn from Sarah Palin

It’s time for West Virginia, and the rest of America, to take a page out of the Palin Playbook. Louise and I spent the holiday weekend near Lewisburg, West Virginia. While we were there, we saw some pretty extraordinary signs of wealth.

The Crash of 2016 Gets Closer Every Day

The denial of fundamental economic principles is setting the world up for another Great Crash. Although wages have been flat or declining since the West started following Thatchernomics and Reaganomics in the late '70s and early 1980s, the stock market

The Most Important Political Issue of Our Time...

California lawmakers want to get money out of politics. Last week, state legislators approved a measure calling for a Constitutional Convention to overturn Citizens United. State Senator Mark DeSaulnier said, “Voters are clearly fed up, and polling shows this, with the notion that money is speech and big money can drown out the speech of average Americans.”

Lyndon Johnson on Civil Rights - Where Are We Now?

Fifty years ago today, President Lyndon Johnson went before the American people to announce the signing of one of the most important pieces of legislation in our history: the Civil Rights Act of 1964. That act banned discrimination on the basis of race, sex, or

The Giant Methane Monster Lurking...

There’s something lurking deep under the frozen Arctic Ocean, and if it gets released, it could spell disaster for our planet. That something is methane. Methane is one of the strongest of the natural greenhouse gases, about 80 times Read more

The Supreme Court Thinks That Corporations Are People but Women Aren’t

As far as the Supreme Court is concerned, we’re still in the 19th century when it comes to women’s rights. In a 5 to 4 decision, the Supreme Court today ruled that for-profit corporations like Hobby Lobby can discriminate against their female employees by denyin

It's time for a carbon tax!

It's no longer a surprise when Republicans try to block our president from taking any action on climate change. However, it's quite a shock when a former Bush Administration official comes out in favor of a plan even stronger than the president's. Recently, former Treasury Secretary Hank Paulson wrote an op-ed in the New York Times calling for a tax on carbon.

The Boehner Lawsuit: The Caucus Room Conspiracy Continues

If you can’t impeach, go after “executive overreach.” So, is this "Impeachment V2.0?

Hate Summer? Just Wait Until Global Warming Really Kicks In

If you think summer is unbearable now, just wait until the end of the century. According to “Risky Business,” a report released on Tuesday by a bipartisan group of scientists and officials that included former Treasury secretary Hank Paulson and former New Yor

Could John McCain be Responsible for the Next 9/11?

History is repeating itself in the worst possible way, and if we don’t learn our lessons, we could have another 9/11 on our hands a lot sooner than you might think.

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Our kids are counting on us to reverse austerity.

According to UNICEF, even in the world's richest countires, children remain “the most enduring victims” of the recession. In the last six years, 2.6 million more kids have fallen below the poverty line, and more than half of them live right here in the United States.

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