...Warren, a member of the Senate banking and education committees, also said it was “shocking” that the department had not yet recovered some $22 million in allegedly improper payments made to Sallie Mae despite a 2009 recommendation from the department’s inspector general that it recover the debt.
“The Department of Education needs to be aggressive in watching out for students, not for profit-making loan servicers,” Warren said. “They’re there for our students, not to help loan servicers make a profit...”
Saturday, December 07, 2013
Elizabeth Warren: Education Department Shouldn't Be A 'Lapdog':
Friday, December 06, 2013
New Mexico officer in van shooting is fired - Houston Chronicle:
The New Mexico State Police officer who fired shots at a minivan full of children during a chaotic October traffic stop has been fired, a spokesman with the law enforcement agency said Friday.Well, that's a start. How about a reckless endangerment charge? And what about the other two "officers"?
Lt. Emmanuel Gutierrez, a State Police spokesman, said he confirmed with State Police Chief Pete Kassetas that Officer Elias Montoya was no longer employed by the department. Montoya's termination was effective at 5 p.m. Friday...
To Fix Social Security, Some Democrats Want To Lift Wage Cap : NPR:
...But that does not seem to faze Sen. Elizabeth Warren. The Massachusetts Democrat has gotten a lot of attention for a speech defending Social Security that she delivered last month on the Senate floor.
"With some modest adjustments, we can keep the system solvent for many more years, and we could even increase benefits," Warren says...
Thursday, December 05, 2013
The GOP Is Losing Candidates Left And Right | Firebrand Progressives:
Just recently, Charlie Crist left the Republican party to run for Florida’s gubernatorial race as a Democrat. Now, he is joined by the Republican candidate for North Carolina’s third district, Jason R. Thigpen, and Texas Judge Carlo Key. Why? It comes down to a matter of principles. The party pushing for “Values Voters” has misunderstood which “values” people have, and these candidates do not want their names associated with the political mess that is today’s GOP...
Disgusting Liberal-Hating Facebook Page Posts Fake Photo of President Obama Inappropriately Touching His Daughter | Progressive Populist:
In what might be the sleaziest, hateful, and most detestable stunt ever pulled in the name of political warfare, a barely-human clod-brained jackass did an amateurish alteration of a photo taken of President Obama and his family leaving a grocery store. The altered photo shows President Obama with his hand down his daughter Sasha’s pants....If you want to look at this obvious fakery, click on the link. While you're at it, can you imagine Obama in a bait shop, which what the place looks like-- it even has a "fishing tackle" sign.
Wednesday, December 04, 2013
GOP Governor Wants 12-Year-Old Kids to Work - Cheaply (Video) | Progressive Populist:
Paul LePage, (Republican and need you even ask?) Governor of the great state of Maine is advocating changing child labor laws.
LePage seeks to loosen regulations currently in place. Now, students must be 16, enrolled in school and passing a majority of their classes to be able to get a job. If all conditions are met, those teenagers can obtain a work permit from the Superintendent of Schools.
The Governor wants to blow past all that falderal and have 12 year olds get the permits directly from the Department of Labor...
Simply Left BehindThe Non-Rapturist's Guide To The Galaxy: Bad Economic Data:
...People will cut back. They have to.
After all, we’ve pulled every trick out of our asses to keep on keeping on: two-income families, with second jobs. Fewer kids. More credit. We the people are out of options, and the only one left to us is to drastically cut back in purchasing power.
Vitter eyes Louisiana governor's mansion | MSNBC:
Republican Sen. David Vitter is eyeing the Louisiana governor’s mansion, and he’ll decide over the holidays whether he will launch a 2015 bid.
The GOP senator said in an email to supporters on Wednesday he would weigh whether to launch a campaign over Christmas with his family,..
Monday, December 02, 2013
Same-sex weddings begin in Hawaii:
Same-sex couples are taking advantage of Hawaii's newfound aloha for gay weddings.
Six couples tied the knot early Monday, shortly after midnight, when a new law allowing same-sex couples to marry took effect...
Sunday, December 01, 2013
Saturday, November 30, 2013
Letter from Guilt-Ridden Billionaire: Tax Me More! (Video) | Progressive Populist:
...Bill Gross is a billionaire financial manager and the co-founder of Pacific Investment Management (PIMCO), a global investment firm. Gross is also an author who writes articles for PIMCO’s website.
This month, he authored a letter in which he acknowledged that much of his success and wealth can be attributed in part to being born at the right time, a time of a credit boom and low tax rates for the wealthy. He also acknowledged that he made his fortune at the expense of labor and believes that our tax system should be overhauled, with a higher tax rate implemented on capital along with a more favorable climate for economic growth and labor.
Gross feels guilty and feels sorry for those who are less well-off than he is, and that prompted him to write this letter, most of which is shown below. For further reading, check out his blog article in full on the PIMCO website...
Henry Blodget Now Gets It–Rich People Do Not Create Jobs:
...It was a pleasant surprise to read yesterday’s piece by Henry Blodget. It is titled Sorry, Folks, Rich People Actually Don’t ‘Create The Jobs’. Henry Blodget wrote,
But, more importantly, this argument perpetuates a myth that some well-off Americans use to justify today’s record inequality — the idea that rich people create the jobs.
Entrepreneurs and investors like me actually don’t create the jobs — not sustainable ones, anyway.
Yes, we can create jobs temporarily, by starting companies and funding losses for a while. And, yes, we are a necessary part of the economy’s job-creation engine. But to suggest that we alone are responsible for the jobs that sustain the other 300 million Americans is the height of self-importance and delusion...
In North Carolina, a hard-right shift hits a roadblock | MSNBC:
... In short, the GOP has turned America’s 10th-largest state —traditionally known as a rare bastion of southern moderation—into a massive testing ground for pure conservative ideology. The hard-right lurch has already inflicted hardship on countless North Carolinians. And it has offered a real-world glimpse of the playbook that many conservatives—including McCrory’s hosts at Heritage—would like to use across the country...