Queens is the most populous district in the USA, with a population (2.359m) larger than many states; the District Attorney of Queens wields incredible power, and now that power has shifted dramatically. Read the rest

18 of the richest people in America have sent a letter to all the candidates for the 2020 Democratic presidential nomination, demanding that their election platform include a annual wealth tax on the largest American fortunes, something advocated by economist Thomas Piketty in his blockbuster book Capital in the 21st Century and subsequently integrated into Elizabeth Warren's campaign platform (with Piketty's endorsement). Read the rest

Bernie Sanders's latest campaign promise is a proposal to forgive all outstanding US student debt, and raising the $2.2 trillion needed over a decade to make lenders whole by taxing Wall Street speculators with a 0.5% tax on stock trades, a 0.1% fee on bonds, and a 0.005% fee on derivatives. Read the rest

Sheelah Kolhatkar's 10,000 word New Yorker profile of Elizabeth Warren is mostly a "color piece," giving a sense of where Warren is coming from, personally and politically; as such, it's a good read, but mostly redundant if you've already read Warren's (very good) 2018 book This Fight Is Our Fight: The Battle to Save America's Middle Class; that said there's a couple of key political insights that are very timely for anyone trying to figure out whom to support in the Democratic presidential primary (I am a donor to both Warren's and Sanders's primary campaigns). Read the rest

From June 9-12, Fox News commissioned pollsters Beacon Research (D) and Shaw & Company (R) to survey 1,001 representative Americans; the poll concluded that if the election were called today, Sanders would beat Trump by 9 points, 49%-40%, as would Biden; Warren would beat him 43%-41%; Harris would beat him 42%-41%; and Buttigieg would beat him 41%-40% -- Sanders has acknowledged that "polls go up and polls go down." (via Naked Capitalism) Read the rest

When Elizabeth Warren proposed a Thomas Piketty-style wealth tax (2% annually on family fortunes over $50m, 1% more on fortunes over $1b), she ballparked the returns at $1.9-2.75t over the first ten years. Read the rest

John Delaney (a finance friendly millionaire) wants to be the Democratic presidential candidate in 2020, and he thinks he knows how to win: "Medicare for all may sound good but it's actually not good policy nor is it good politics." It's an idea so unpopular with California Democrats that it attracted a full minute of heartfelt boos when he assayed it last weekend. Read the rest

Transdigm is a notorious military supplier/hedge fund that used acquisitions to attain a monopoly over many spare parts so they could charge exorbitant markups -- as high as 4,451%! -- on materials procured with tax dollars. Read the rest

Bernie Sanders has released A Thurgood Marshall Plan for Public Education, a detailed and bold suite of public education reforms reminiscent of the kinds of policy planks being laid down regularly by rival candidate Elizabeth Warren (I'm a donor to both Sanders' and Warren's campaigns). Read the rest

In her latest detailed policy proposal, would-be 2020 Democratic presidential nominee Elizabeth Warren sets out a Green New Deal for the US military, whose own policy analysts have identified climate change and energy independence as serious risks to US security. Read the rest

African-American women suffer a much higher level of maternal mortality than the national average, and Elizabeth Warren has proposed a bold -- but high-risk -- plan to incentivize hospitals to root out the institutional, systemic racism that produces these terrible outcomes. Read the rest

Yesterday, Senator Bernie Sanders and Rep Alexandria Ocasio-Cortez jointly introduced The Loan Shark Prevention Act, which will cap credit card interest rates at 15% (and closes the loopholes that lets credit card issuers exceed their stated APRs with the use of hidden fees) and which re-establishes American post-office banking. Read the rest

Bernie Sanders' latest campaign plank is a suite of agricultural reforms similar to the ones proposed by Elizabeth Warren in March, including a national right-to-repair law for agricultural equipment, antitrust breakups of agribusiness seed, meatpacking and fertilizer monopolies, patent law reform to curb abuses of seed patents, reform of US trade agreements to support "domestic food security", rationalized supply management and a grain and feed reserve, national disaster coverage, relief for family farm bankruptcies, pro-diversity policies for 4H and other agricultural pipelines, incentives for regional co-ops, and a suite of climate change remediation measures. Read the rest

Elizabeth Warren wants to break up Big Tech, a thoroughly excellent idea with many devils in the details: AOC backs her play: "Facebook as a basic communications platform while also selling ads and also being a surveillance platform. Those functions should be broken up, but how that gets levied and how that gets approached is what we need to take a fine-tooth comb at." Read the rest

Puerto Rico has endured decades of looting and austerity from the finance sector who then used the pretense of Hurricane Maria to impose radical financial policies on the island, dismantling the statistics agency that would track how those reforms punished the people of Puerto Rico, while filling the streets with armed, anonymous mercenaries. Read the rest

Dan Lipiniski is the worst Democrat in Congress, a man who literally inherited his seat from his father and has spent his career in Congress opposing minimum wage laws, access to abortion, and rights for LGBTQ people, taking massive contributions from literal railbarons in exchange for fighting railroad safety rules. Read the rest

Joe Biden, a colossal asshole, wants to be the Democratic nominee for president in 2020 and in the most on-brand move ever, he's launched his campaign with a fundraiser hosted by the chief lobbyist for Comcast, the most hated company in America. (Image: Ildar Sagdejev, CC-BY-SA) Read the rest