- Many middle-class Americans plan to work until they die
- Most Americans accumulating debt faster than they’re saving for retirement—"For three of every five workers, mortgages, credit card balances and loans outpace their savings." WaPo
- Pensions Ask Retirees to Pay Back Tens of Thousands
- Gallup: In U.S., Fewer Believe "Plenty of Opportunity" to Get Ahead
- Walmart employee fired after trying to help assault victim in store parking lot—Bad PR prompted them to offer him his job back, but good on him for saying that he won't go back. He's not going to be their poster boy to abuse.
- 75th anniversary of minimum wage: We're back to 1950
- Increasing the minimum wage a no-brainer
- Fast-Food Chains Costing Taxpayers the Most Money—"According to one group, often the industry workers' pay is not enough and many turn to government programs for assistance." Earning profits by devaluing employees.
- McDonald's helps workers get food stamps—"A McDonald's helpline admits that workers will be able to qualify for public assistance."
- Bill de Blasio to Burger King: 'This Is an Unsupportable Situation'—"The mayoral hopeful is one of the most high-profile politicians to come out in support of the growing movement for low-wage workers' rights."
- McDonald's Won't Be Lovin' This NYC Sidewalk Art Piece by Banksy
- Sued Over Pay, Condé Nast Ends Internship Program—"The publisher took the action after two former interns sued, complaining they had been paid below minimum wage for summer jobs at W Magazine and The New Yorker." NYT
- Billionaires' Row and Welfare Lines—"The widely divergent fortunes of the rich and poor in this country are an unsustainable imbalance." NYT
- Income inequality isn't 'a problem' says NYC mayoral candidate
- CEO-to-worker pay gap is obscene; want to know how obscene?—"Corporate America is fighting a proposed SEC rule requiring companies to calculate the ratio of their CEO's pay to the median pay of all their employees."
- Swiss support rises for reduced executive pay—"Supporters of a drive to rein in executive pay in Switzerland stepped up their campaign on Thursday after polls put them neck and neck with opponents a month before a referendum."
- You earn how much?! Breaking the workplace taboo—"A small – but increasing - number of companies are implementing a pay program that breaks the most entrenched of workplace taboos: revealing your salary.
- Judge Certifies Class in Silicon Valley 'No-Poach' Case—"In one of Silicon Valley's most closely watched cases, a federal judge on Thursday certified a class of more than 60,000 skilled workers who accuse Adobe Systems Inc., Apple Inc., Google Inc. and Intel Corp. of illegally suppressing their pay through a conspiracy not to compete for each other's employees." Law.com
- Behind the 'Bad Indian Coder'—"An ongoing debate about the quality of outsourced code prompts a look at the country's precarious economic and educational picture."
- How "Dilbert" Practically Wrote Itself—Twenty years of pointy-heard bosses.
- The Republicans' War on the Poor—"The GOP is pushing to decimate food-stamp programs, punishing the most vulnerable just out of sheer spite." And helping out their corporate backers.
- The Republicans' Food Stamp Fraud: It's Not About Austerity—"As conference committee talks begin, the GOP isn't trying to cut $40 billion from SNAP just to save money. It wants to punish the poorest among us."
- Gov. LePage lets slip what he really thinks about Maine people—"About 47% of able-bodied people in the state of Maine don't work."
- Wis. judge: Officials in contempt for union curbs—"A Madison judge on Monday found Wisconsin labor relations officials in contempt for enforcing parts of Gov. Scott Walker's contentious bargaining restrictions despite a ruling that they're unconstitutional, clearing the way for hundreds of school district and municipal worker unions to negotiate with their employers again."
- Landowner uses congressional ties to sway Forest Service—"When a Texas millionaire built his 8,000-square-foot log home here, he placed it on or near a road that hikers, bikers and skiers had used for decades to access Forest Service land and the Spanish Peaks Wilderness." What a tool.
- The GOP's Obamacare chutzpah—"Republicans are furious that their plan to undermine Obamacare worked." WaPo
- Health law fails to keep prices low in rural areas—Whither the public option? NYT
- Republican clown show on Obamacare has already started
- Krugman: Raising The Medicare Age, Revisited—"It doesn't even save money." NYT
- Debugging the Healthcare.gov Hearings—"Thursday's testimony was a spectacle of tech illiteracy and buck-passing."
- Sebelius suggests Republicans to blame for ObamaCare website woes
- Admin: HealthCare.gov Will Be Fixed By End Of November
- Actor Russell Brand reduces BBC newsman to stunned silence with diatribe against corporate oligarchy
- Large companies find ways to a zero tax rate—"Despite widespread groans about the recent disclosure that Apple is finding ways to cut its federal tax bill, an analysis shows the computer giant is one of scores of corporations largely dodging the taxman."
- Marty Sullivan figured out how the world's biggest companies avoided billions in taxes. Here's how he wants to stop them. WaPo
- On the New Wall Street, Boring Is Better
- N.Y. Fed Moves to Seal Documents in Ex-Bank Examiner's Suit
- Big Banks Can Be Dismantled, Say U.S. and U.K. Regulators
- How to lose $172,222 a second for 45 minutes
- The Scholars Who Shill for Wall Street—"Academics get paid by financial firms to testify against Dodd-Frank regulations. What's wrong with this picture?"
- JPMorgan pays $100M, admits fault in London trades
- JPMorgan in $4 billion deal with U.S. housing agency
- JPMorgan to pay $5.1B in mortgage settlement—"The deal is expected to be the opening step in a $13 billion overall mortgage-related settlement with federal prosecutors and government agencies."
- JPMorgan settlement could cost bank closer to $9 billion—"JPMorgan Chase & Co's preliminary $13 billion mortgage settlement with the U.S. government could end up costing the bank closer to $9 billion after taxes, because the majority of the deal is expected to be tax deductible, two sources familiar with the matter said." Emphasis mine.
- Record JPMorgan Settlement Wouldn't Deter Some Investors
- What Fine? Why JPMorgan Is Laughing All the Way to the Bank
- JPMorgan: Wall Street's Not Saying It's Guilty. It's Not Even Sorry—"For the big banks, cutting penalty deals without admitting wrongdoing is just a cost of doing business."
- Nobody Should Shed a Tear for JP Morgan Chase
- 9 More Banks Are Getting Probed By The DoJ On Matters That Led To JP Morgan Paying $13 Billion
- Sen. Warren asks whether federal agencies are enforcing as well as TARP watchdog
- Former BofA employee accused of taking bribes to rig short sales
- Bank of America loses fraud trial over U.S. mortgages
- Executive At Center Of Bank Of America Mortgage Fraud Case Now Working For JPMorgan Chase
- Banks and tax evasion: The fall-out from Falciani—"A 41-year-old native of Monaco increasingly looks to be to banking what Edward Snowden is to American surveillance."
- This Is What Happens When A Spanish Judge Sends A Senior Banker To Jail
- Strangers donate $14K to woman facing petty theft case over $3 in courthouse fountain coins—The authorities went after someone who took $3 and many of those who have stolen millions are still uncharged.
- Obama promises changes after latest NSA snooping disclosure—"Under fire about disclosures of broad National Security Agency snooping on global leaders, President Barack Obama is offering a two-pronged response: You do it, too, and we'll make some changes."
- Alan Grayson: Congressional oversight of the NSA is a joke. I should know, I'm in Congress—"I've learned far more about government spying on citizens from the media than I have from official intelligence briefings."
- Head of NSA blasts reporters for 'selling' leaked documents—"Reporters should be prevented from 'selling' National Security Agency documents, Gen. Keith Alexander says in a videotaped interview with Department of Defense blog Armed With Science." Desperation tactics.
- Leaked memos reveal GCHQ efforts to keep mass surveillance secret—"Edward Snowden papers show UK spy agency fears legal challenge if scale of surveillance is made public."
- Germany wants a German Internet as spying scandal rankles
- US spied on Spanish leaders: Reports
- Snowden files: Report suggests Israel behind attempt to hack into French communication network
- The End of Hypocrisy: American Foreign Policy in the Age of Leaks—"Manning's and Snowden's leaks mark the beginning of a new era in which the U.S. government can no longer count on keeping its secret behavior secret."
- Saudi Arabia's women hold day of action to change driving laws—"Government warily observes public reaction as media joins calls for ban on female drivers to be rescinded."
- Saudi Arabia Warns Online Backers of Women Drivers—Their website got hacked, but the fight goes on.
- Saudi Arabia women defy authorities over female driving ban—Some of them went through with it [WSJ].
