In the News
Report Offers 10 ‘Broad and Targeted’ Solutions to Racial Wealth Inequality in US
A new report is offering forward-looking solutions to help bridge the racial wealth divide in America. Ten Solutions to Bridge the Racial Wealth Divide was released Tuesday by the Institute for…
Report proposes 10 solutions to close widening racial wealth gap
Wealth disparities between the races cut deep and wide. Blacks lag far behind other races in income and net worth. For every $100 white families make, Blacks earn $59.07, according to…
Everyone Knows There’s a Racial Wealth Gap. How Do We Fix It?
This country has always had a wealth gap, and America usually fixes this problem…for white people. To cure widespread poverty during the Great Depression, the New Deal guaranteed jobs, reformed banking,…
Gillibrand says institutional racism has created racial wealth gap
Sen. Kirsten Gillibrand (D-N.Y.) on Tuesday said institutional racism had created a racial wealth gap and called for “broad and targeted” solutions to solve it, an issue that is gaining steam among…
Kirsten Gillibrand Is Endorsing “Actionable” Steps To Close The Racial Wealth Gap
New York Sen. Kirsten Gillibrand is endorsing a set of policy proposals that leading policy experts predict would “dramatically reduce” the racial wealth divide. The proposals laid out in a…
People are again talking about slavery reparations. But it’s a complex and thorny issue
If you feel like you’re hearing more about slavery reparations these days, it’s not your imagination. Compensating the descendants of American slaves is suddenly a hot topic on the campaign…
How Momentum Is Growing to Tax the Rich and Reduce Inequality
In the middle of the last century, there was a large and secure working class. Then, changes to the tax structure distributed more and more of the wealth to the…
What’s Your 2018 Federal Taxpayer Tab?
Taxes may be as certain as death, and some experts say what also should be certain is knowing exactly how our tax dollars are being spent. According to new data,…
A $350 Billion Defense Department Would Keep Us Safer Than a $700 Billion War Machine
The U.S. Congress has begun debate on the FY2020 military budget. The FY2019 budget for the US Department of Defense is $695 billion dollars. President Trump’s budget request for FY 2020 would increase it…
Who pays what taxes, and where does the money go?
On this edition of Your Call, we’ll ask who bears what share of the tax burden and where their money goes. Donald Trump’s 2017 tax law gave most of its…
U.S. Public Opinion Favors Bold Action to Address Rising Economic Inequality
As some 17 Democrats have announced their intention to run for their party’s 2020 presidential nomination, launched fundraising campaigns and begun to make stump speeches across key primary states, it’s clear…
Black activists, COINTELPRO, and FBI surveillance
This episode will analyze two stories. The first comes out of an article in The Intercept, titled “As Black Activists Protested Police Killings, Homeland Security Worried They Might Join ISIS.”…
Reparations talk can’t be just political posturing
One after another, Democratic presidential candidates strode across a Manhattan stage at the annual National Action Network conference and proclaimed that if they were elected president they would convene a…
Bank of America hiking its minimum wage to $20 an hour
Bank of America said Tuesday it will raise its minimum hourly wage to $20 over two years. Starting May 1, pay for 22,000 employees at the financial giant will increase…
US geopolitical interests unlikely as Libya burns
As another civil war engulfs Libya, at least 46 people have been killed. The country is divided between the UN-backed government in the west and the rival government in the…
America First
In the first hour “America First” with John Feffer, director of Foreign Policy in Focus at the Institute for Policy Studies. … Read the full article at KPFA.
Remembering the destructive nature of NATO
The NATO anniversary also coincides with the 51st anniversary of the assassination of the Rev. Martin Luther King Jr., who stood for peace and nonviolent resistance. It is also the 52nd anniversary of his “Beyond…
‘Tax the Rich. It’s Just That Simple’: US Campaign Aims to Make Wealthy Pay Their Fair Share
A coalition of over a dozen progressive advocacy groups launched a nationwide “Tax the Rich” campaign Wednesday with the goal of building a grassroots movement to unrig the tax code and make…
Wall Street bonuses were 3x the earnings of all full-time workers making federal minimum wage
Wall Street investment banks are infamous for the hefty bonuses they often dole out. In fact, in 2018, the bonus pool for the 181,300 security industry employees who work in…
Trump, US imperialism deepen grip on Africa
On this episode of “By Any For Means Necessary” hosts Eugene Puryear and Sean Blackmon are joined by Netfa Freeman, an analyst at the Institute for the Policy Studies and…
Bombing Gaza as a Campaign Slogan
On March 25, 2019 while the major media fixated on Trump and his potential indictments in regards to Russia, Israeli Prime Minister Benjamin Netanyahu, facing his own political opponents, an upcoming…
There is a savings crisis and many Americans don’t know how to fix it. Here’s how
WHEN PARTS OF THE FEDERAL GOVERNMENT SHUT DOWN toward the end of last year, many Americans went without a paycheck or two. Crisis followed. A tax examiner for the IRS couldn’t afford…
Metro to Vote on Budget Without Late-Night Service
Metro’s board of directors plan to vote on a $3.5 billion fiscal year 2020 budget Thursday without a fare increase and keep the current Metrorail hours intact. One controversial item…
DealBook Briefing: Wall Street bonuses widen gender and race pay gaps
New data about Wall Street compensation shows that the financial sector’s huge pay has widened the national disparity between white men and women and people of color, according to a new…
Meet the Mars family, heirs to the Snickers and M&M’s candy empire, who spent years avoiding the limelight and are America’s third-wealthiest family ‘dynasty’
The Mars family sits on top of a delicious empire. They’re the heirs to the candy throne that is Mars Inc., maker of Snickers, Mars Bars, Milky Way Bars, Twix, M&M’s, and…
Taking stock: Minimum wage would be $33 an hour if it grew at the same pace as Wall Street bonuses, new study finds
Minimum wage workers would be making $33.51 an hour if their earnings had grown at the same rate of Wall Street bonuses, according to a new report. Those big bonuses…
Wall Street bonuses declined 17 percent in 2018 … to about $150,000
It might not land you in the ranks of the ultra-wealthy, but it still pays to work on Wall Street. Wall Street firms paid employees an average bonus of $153,700 in…
Wall Street Bonuses Show Just How Crazy Pay Gaps Get
A report from the Institute on Policy Studies looking at the impact of Wall Street bonuses on income inequality and both gender and racial pay gaps. Although the argument at first seems…
MLK Assassination Day Desecrated by NATO Festivities
The Trump regime will host NATO’s 70th anniversary celebrations in Washington on April 4, the day Dr. Martin Luther King was assassinated in 1968. “We see this as a grotesque…
‘Military Keynesianism is Back!’: Democrats and Trump Agree on Pentagon Increase, Quibble on Details
President Donald Trump’s requested military budget is another record breaker—and Democrats are countering with their own increase. The Trump administration unveiled the details of its proposal to the public on March 12.…