Main Street

Feingold Challenges Jeffrey Immelt On New Position

e actually applaud this surprising move by former Wisconsin Democratic senator Russ Feingold (recall that Feingold was swept out of office last year in a tsunami of Tea Party expression). Just in case you're keeping score, here's the opening shot in the corporate corruption wing of the Obama School of Economic Whatevers: Friend, IT'S EVERYTHING THAT'S WRONG with corporate power today: News broke last week that General Electric, America’s largest corporation, made $14,200,000,000 in profits last year and paid $0 in taxes—that’s right, zero dollars in taxes. At the same time, C.E.O. Jeffrey Immelt saw his compensation double. Now I...

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Kucinich Has A Secret To Tell

ERE, HERE. CONGRESSMAN Dennis Kucinich (D-OH) has come out with damning evidence that full-time Democratic presidential candidate and part-time US Senator—Barack Obama—has thrown Main Street under the bus, resolutely contradicting his flamboyant posture just days ago. The following is part of an exchange between the Ohio Democrat and reporter Amy Goodman. AMY GOODMAN: Congressman Kucinich, can you explain how it is that the Democrats are in charge, yet the Democrats back down on their demand to give bankruptcy judges authority to alter the terms of mortgages for homeowners facing foreclosure, that Democrats also failed in their attempt to steer a...