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Do we say white people can’t run Wall Street?

When Wall Street failed and was bailed out by the federal government to the tune of trillions of dollars, did anyone say “white people” don’t know how to run the superduper banks? Or that white people like trillions of dollars of free stuff? How about when GM and Chrysler went bankrupt for $80 billion? No, nobody said that white people are not ready to be in charge of transnational industrial corporations a ...

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Job creation puts us in a ‘Race to the Bottom’

On May 21, I had the opportunity to testify before a Congressional Progressive Caucus meeting on how federal dollars drive inequality by paying contractors who pay too many of their workers too little. The hearing was driven by a study from Amy Traub and her colleagues at Demos, a New York-based think tank, that issued a report exposing the many ways that federal contracting often adds to the burden of the ...

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