The Partnership for a Secure Financial Future is working on image rehab for the financial industry. They released a lovely video that features a slew of financial services employees talking about how they help their community and why they like their jobs.The Partnership is supported by the Consumer Bankers Association, Mortgage Bankers Association, Financial Services Institute, and The Financial Services Roundtable. Directly next
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All across the country, people are waking up to the abusive practices of for-profit colleges, which take $33 billion a year in taxpayer money, much of it for poor quality programs that leaves students deep in debt and unemployed.  The newest bombshell is an in-depth report from Chris Parker in The Village Voice highlighting students
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At a Capitol Hill press conference today, Senator Tom Harkin (D-IA) released a blockbuster four-volume report based on his two-year investigation of the for-profit college industry. I’ve already discussed the findings of the report, which details how many of the big for-profit schools engage in fraudulent conduct, offer high-priced, low-quality programs, and leave many students
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Earlier this year, we reported that Northrop Grumman gave one of its lobbyists an effective $500,000 bonus when he joined the House Armed Services Committee to make defense policy. It now appears that this isn’t the only pay-out from the industry to a future staffer. Last week, the Project On Government Oversight (POGO) noted that
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The American Legislative Exchange Council (ALEC) is a very powerful corporate front group that works with corporations to get bills passed in state legislatures — without the general public ever knowing that these bills are ALEC’s. It has worked to do everything from pass “Shoot First” laws to suppress votes to give special tax favors
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Senator Tom Harkin (D-IA) and his Senate Health, Education, Labor and Pensions (HELP) Committee staff released Sunday a report based on a comprehensive investigation of  30 of the biggest for-profit college companies. It’s full of stark revelations about this controversial, troubled industry. I’ve been saying for a couple of years that, no matter how cynical one’s view of
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(Cross-posted from The Nation) The Washington Free Beacon, a new website on the right, has a particular fascination with promoting weapon sales to Taiwan. In addition to daily hits on the Obama administration and Democrats, the Free Beacon has multiple posts calling for more F-16 fighter jet sales to the island nation, and has branded skeptics of militarization
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You’d think that if there’s anyone who should be for curtailing the influence of lobbyists and other ethics reforms, its the chair of the ethics committee in the legislature, right? In Georgia, you’d be wrong. A trans-partisan coalition of tea partiers and progressives have been pushing for a cap of $100 on gifts that lawmakers
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