eLiberal - ADA's Blog on Politics & Public Policy
JPMorgan Chase: Losing Billions—but Can’t Blame the Government
JPMorgan Chase’s Chief Executive, Jamie Dimon, has been in the forefront of those opposing stricter regulation of the financial sector. Now his company is faced with the embarrassment of losing $2 billion due to speculative derivative trading. Even Dimon labels the trades, “Poorly monitored, poorly structured, poorly reviewed,” and “egregious.”
ALEC and the “Predator State”
In the wake of the tragic killing of Trayvon Martin, public scrutiny of ALEC has expanded as never before. The role of ALEC in promoting model “Stand Your Ground” legislation has come to light. In response, ALEC has claimed that it will stop pushing for voter ID and “Stand Your Ground” laws. However, it will continue to promote legislation to take away workers collective bargaining rights, to expand restrictions on the rights of consumers to seek justice in the courts, to turn public education over to for-profit companies, and numerous other efforts to foster corporate dominance over state legislatures...
Let the NLRB Do Its Job: Workers Win Victory in the Senate
Beginning today, Monday April 30th, the National Labor Relations Board (NLRB) will begin to enforce a new set of procedures for union representation elections. Workers and their allies won a victory last week by stopping a conservative effort in the Senate to interfere in NLRB rule-making and block these simple and limited reforms.
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