Elizabeth Warren proposes holding execs criminally liable for scams and data breaches

A new bill from Senator Elizabeth Warren proposes personal, criminal liability for top executives of companies turning over more than $1B/year when those companies experience data breaches and scams due to negligence (many of the recent high-profile breaches would qualify, including the Equifax giga-breach, as well as many of Wells Fargo's string of scams and scandals). Read the rest

Elizabeth Warren's latest campaign plank is a national Right-to-Repair law for farm equipment

Senator Elizabeth Warren is hoping to be the Democratic presidential nominee in 2020; she distinguishes herself from other left-wing Democrats like Bernie Sanders in her belief that capitalism is a force for good, but must be reformed and subjected to democratic control, while Sanders and the DSA are skeptical of capitalism and its long-term future (Disclosure: I donated to both the Sanders and Warren 2020 campaigns). Read the rest

Facebook and Big Tech are monopsonies, even when they're not monopolies

Big Tech is often in a monopoly situation (for example, Amazon's Audible owns something like 90% of the audiobook market), but even where they aren't monopolies, they are often monopsonies: a single buyer that controls the whole market that a variety of sellers want to sell into. Read the rest

After taking them down, Facebook restores Elizabeth Warren ads calling for breakup of Facebook

“This ad was taken down because it goes against Facebook's advertising policies,” the ban notice read.

Elizabeth Warren reveals her plan to break up Big Tech

Would-be Democratic Presidential nominee Elizabeth Warren (I've donated to her campaign, as well as Bernie Sanders') has published her latest policy prescription: a plan to break up Big Tech monopolists to protect the public's privacy and the interests of small-business competitors. Read the rest

Thomas Piketty explains how Elizabeth Warren's wealth tax is American as apple pie

Last month, Democratic presidential hopeful Elizabeth Warren proposed an annual tax on the largest fortunes in America, with some of the cash generated by the tax being funneled into the IRS to catch dodgers who move or hide their money to escape the tax. Read the rest

Elizabeth Warren proposes Thomas Piketty-style annual wealth tax

Following recommendations set out in Thomas Piketty's landmark Capital in the 21st Century, would-be Democratic 2020 presidential candidate Elizabeth Warren has proposed a 2% annual tax on household wealth over $50,000,000, with an additional 1% annual tax on household wealth over $1,000,000,000, which would bring in $1.9-$2.75 trillion over the first decade (about 1% of US GDP). Read the rest

Elizabeth Warren's new bill: let the US government manufacture generic versions of overpriced, unavailable drugs

Senator Elizabeth Warren has introduced a bill called the Affordable Drug Manufacturing Act, which allows the US government to manufacture generic versions of drugs "in cases in which no company is manufacturing a drug, when only one or two companies manufacture a drug and its price has spiked, when the drug is in shortage, or when a medicine listed as essential by the World Health Organization faces limited competition and high prices." Read the rest

Trump denies promising $1M to Elizabeth Warren's charity pick if DNA test proved Native American ancestry

Alert the media. President Donald Trump has lied again. Read the rest

2018's Blue Wave needs to take down Trump, and the right-wing establishment of the Democratic Party

California's Democratic Governor Jerry Brown repeatedly vetoed universal healthcare after the state legislature voted it through; Democratic state majorities in NY, CT and NJ refused to enact legislation to close the "carried interest" tax loophole that makes billions for hedge-fund managers; Rhode Island Democrats went on a slashing spree, taking down pensions for teachers, firefighters and other public servants while the finance-affiliated state treasurer funneled the pension funds into her pals' underperforming hedge funds; Democrats in NJ gutted the tax bill to give millionaires an easy ride; New York Democrat Governor Andrew Cuomo shut down the state anti-corruption commission, only to have his top aide busted for being horrifically corrupt. Read the rest

The Democratic Party is surging thanks to leftist policies, but its leadership are convinced they have to stop it

There's one thing that Democratic and Republican leaders agree on: that left-wing policies like Medicare for all are bad news for the Democratic policy -- the only people who disagrees with them are voters, who overwhelmingly support these policies. Read the rest

Elizabeth Warren's anti-corruption bill bans foreign lobbyists, subjects domestic lobbyists to strong oversight

Newt Gingrich's 1995 Republican Revolution dismantled all the expert departmentsand bureaus that Congress depended on to make sense of the world, making lawmakers dependent on corporate lobbyists to advise them on everything from pollution to food safety to military technology to mass surveillance -- nearly 25 years later, Washington DC is a literal and figurative swamp, and only 18% of Americans say they trust Congress. Read the rest

Elizabeth Warren wants to save capitalism from itself

President Elizabeth Warren (2020-2028) has proposed the Accountable Capitalism Act, which will subject US corporations with $1B/year or more in revenue to the "German model" of corporate governance, in which workers get board-seats and financial decisionmaking must take into consideration the impact that decisions will have on "stakeholders" including workers, investors, suppliers, retailers, and residents near plants or facilities. Read the rest

None of the Above won the 2016 election

Pew's latest very detailed survey of voting patterns in 2016 goes the extra mile, by validating whether recipients actually cast a ballot, thus forming a picture of who voted, who didn't, and what policies nonvoters favored. Read the rest

Marijuana: Warren/Gardner legalization bill would let each state 'determine for itself'

US Sen. Elizabeth Warren announced today that she will hold a press conference Thursday on Capitol Hill to unveil a marijuana legalization bill she is co-sponsoring with Sen. Cory Gardner (R-CO). Read the rest

Republicans and Trump kill anti-wage-theft rule, will funnel your taxes to companies that rob and endanger workers

The Obama-era Fair Pay and Safe Workplaces rule was intended to prevent companies with a history of wage-theft and unsafe working conditions from getting federal government contracts; the GOP in the Senate and House passed a bill rescinding this rule and then Trump signed it, eliminating any possibility that companies that endanger and steal from workers will be excluded from receiving your tax dollars. Read the rest

Swing district poll suggests that progressive policies could deliver a 2018 "blue tsunami"

Democratic pollster Celinda Lake surveyed 600 likely voters in 30 "swing" districts (districts that are considered too close to call in the 2018 midterms), along with 300 "surge" voters (who are less likely to turn out for the 2018 midterms), and found that a platform that advances policies like "Medicare for all," cheaper prescription drugs, and cracking down on Wall Street would deliver these swing districts for the Democrats. Read the rest

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