Thom's blog

It's time to make banking boring again!

Regulators want to start making banking boring again. Today, five different regulatory agencies are expected to adopt the Volcker Rule, which would redraw a line between regular banking and Wall Street gambling. The rule is one of the centerpieces of the Dodd-Frank Wall Street Reform Act, and it is seen as a litmus test for the overall strength of the financial reform law.

We can't let Congress fast-track the TPP!

Congress hasn't done much this year, but House and Senate negotiators are close to a deal on “fast-tracking” the Trans Pacific Partnership. The TPP is a massive trade agreement among the US and a dozen Pacific nations that poses a major threat to our jobs, our economy, and our national sovereignty.

"Sometimes it falls on a generation to be great..." - Nelson Mandela

Yesterday, the world lost a great man. Nobel Peace Prize winner Nelson Mandela passed away at the age of 95. In addition to being South Africa's first black president, Mandela was an anti-apartheid activist and human rights icon throughout much of his life. He even spent 27 years locked up as a political prisoner for trying to fight the apartheid in South Africa.

We need more than words.

Yesterday, President Obama spoke to a crowd at The ARC arts schoolhouse about the real deficit in our nation – which has nothing to do with our national budget.

ALEC is planning for a busy year...

The American Legislative Exchange Council has one heck of an agenda for 2014, and it all centers around one idea – profit over people. ALEC will meet this week in Washington, DC, for its “States and Nation Policy Summit.” The event is a closed-door conference headlined by Ted Cruz, Paul Ryan, and Ron Johnson, where ALEC will push their “model legislation” for 2014.

The Banksters are getting off easy...

The banksters could be forced to pay tens of billions of dollars more in settlements for crashing our economy. But, these fees are just a small fraction of the price that American taxpayers paid for the economic collapse.

Walmart should pay a living wage or face the corporate death penalty!

On Black Friday, more than 1,500 protests took place at Walmart stores around our country. Organizers reported more than 100 arrests in civil disobedience actions. The events centered around Walmarts low wages, unethical treatment of workers, and their history of trying to prevent employees from forming unions.

The next mass extinction could be closer than we think...

Methane emissions in the South Central US are nearly five times higher than previously thought. According to a new study from Harvard University, there is way more methane being pumped into our atmosphere, and that means a much larger effect on climate change.

ALEC wants to kill Obamacare.

The American Legislative Exchange Council is pushing new legislation to prevent insurance companies from accepting subsidies under the healthcare law.

Bombs and drones aren't the only way to resolve a conflict.

On Sunday, major world powers reached an agreement to scale back the Iranian nuclear program. In exchange, our nation and others will slightly lift some of the sanctions against Iran, but embargoes against Iranian banks and oil will remain in place. The interim deal was reached in Geneva, where the US, UK, France, Germany, China, and Russia crafted the diplomatic agreement.

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Latest Headlines

Who rejected United States-North Korea peace talks?

There were conflicting reports on Sunday regarding a recent proposal for United States-North Korea peace talks which was allegedly made before North Korea"s recent nuclear test

U.K. Pound Falls As Markets Get Brexit Jitters

Bloomberg said on Monday the pound had sustained its biggest fall against the dollar in 11 months

Clinton: I'll defend Israel but push for 'two-state solution

Hillary Clinton believes both Republican candidates Donald Trump and Ted Cruz "missed the mark" with their approach to the Israel-Palestinian Arab conflict

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