Pentagon Profiteers: Executive Compensation in the Arms Industry

Pentagon Profiteers: Executive Compensation in the Arms Industry

Another way to understand the size of CEO compensation at the big contractors is to look at how many jobs would be created if that $287 million were spent on something else. The answer is that spending that money on productive activities would create thousands of jobs: 2,812 jobs in clean energy or infrastructure; 4,104 jobs in health care; and 4,362 in education, calculated using data on the jobs impact of government spending generated by Heidi Peltier for the Brown Costs of War Project.

NDAA: Comparing votes with campaign contributions

Comparing votes with campaign contributions

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Alexandria Ocasio-Cortez Under Investigation for Ethics Violation

Representative Alexandria Ocasio-Cortez is formally under investigation by the House Committee on Ethics.

Alexandria Ocasio-Cortez Under Investigation for Ethics Violation

Newsweek claims that American Accountability Foundation is non-partisan. According to Wikipedia, it’s a “conservative opposition research group”. I suppose that Newsweek would deny that PNAC was a neoconservative think tank, as well.

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Progressives Say Congress Must Raise Debt Limit Now to Protect Social Programs

Progressives Say Congress Must Raise Debt Limit Now to Protect Social Programs

The programs have long been targets of Republicans, despite the fact that Social Security is fully funded through 2035 and is able to pay for 90% of benefits for the next 25 years, even without Congress acting to expand it.

Related:

GOP’s Thune Sees Debt-Ceiling Hike as Vehicle for Budget Cuts

White House Knocks Thune’s Bid to Tie Debt Limit to Entitlements

Railroads Have Invested Heavily in Congress. They Need Their Payoff in the Senate.

A showdown over a looming railroad strike heads to the Senate floor this week, after a group of progressive Democrats, led by Rep. Jamaal Bowman, D-N.Y., pushed to modify a tentative agreement to include seven days of sick leave. The expanded agreement passed the House 220-206 on Wednesday, and the fight now moves to the Senate, where it remains unclear if there is enough Republican support to overcome a filibuster and send the agreement to President Joe Biden’s desk.

Railroads Have Invested Heavily in Congress. They Need Their Payoff in the Senate.

Related:

Why America’s Railroads Refuse to Give Their Workers Paid Leave

The answer, in short, is “P.S.R.” — or precision-scheduled railroading

Evidence Grows that Crypto and Federally-Insured Banks Are a Combustible Mixture

The fallout from the collapse of the crypto exchange FTX and its missing billions of dollars of customer funds has, finally, galvanized some members of Congress to push back against the swarms of crypto lobbyists whose activities are clearly impacting the safety and soundness of U.S. banks.

Evidence Grows that Crypto and Federally-Insured Banks Are a Combustible Mixture