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By lucas@endneoliberalism On 18 Mar, 2013 At 05:55 PM | Categorized As Progressive Politics, raising the minimum wage | With 0 Comments

Elizabeth Warren proved on today’s Senate hearing that both The Super Rich and consumers can afford raising the minimum wage. The Senator first showed that if wages had kept pace with productivity since the 1960′s, the minimum wage would be $22 an hour today, and followed up by asking a group of economists and prominent [...]

By lucas@endneoliberalism On 7 Mar, 2013 At 10:38 PM | Categorized As Progressive Politics | With 0 Comments

Sen. Elizabeth Warren (D-Mass.) pushed for tougher penalties on banks caught money laundering hundreds of millions of dollars in drug money. “If you’re caught with an ounce of cocaine, you’re going to go to jail… But if you launder nearly a billion dollars for international cartels and violate sanctions you pay a fine and you [...]

By lucas@endneoliberalism On 6 Mar, 2013 At 11:02 PM | Categorized As Progressive Politics | With 0 Comments

Europe is considering a cap on CEO pay following Switzerland’s “Fat Cat Initiative”, approved by 68 per cent of voters. The Swiss referendum includes giving shareholders a binding say on executive pay; banning golden hellos and goodbyes; requiring annual re-elections for directors; and threatening criminal sanctions for non-compliance. A cap on CEO pay may be [...]