By Ralph Nader and Jeff Musto
A single minimum wage worker who has worked continually for the federal minimum wage since 1968 has been deprived of over a quarter million dollars in wages over the course of those 45 years. $293,735.12 to be exact. A new white paper released last week, Lost Wages, revealed this fact.
By Ralph Nader
Told you so.
Some might deem it celebratory to utter this phrase, as if one is boasting about their own clever foresight. But when it comes to serious matters — matters that affect millions of people, their jobs, their health, and their livelihoods, there is no satisfaction in being right about predicting bad conditions. It’s much better to predict good news. But as it now stands in our country, many problems that emerged years ago have developed into sheer catastrophes, despite the many warnings of forward-thinking experts, scholars and observers.
Lost Wages: Over a Quarter Million Reasons to Increase the Inflation-Gutted Minimum Wage: New Report Reveals the Amount of Wages a Minimum Wage Worker Has Been Deprived of Since 1968 June 13, 2013 A new report, Lost Wages, released today by the Center for Study of Responsive Law’s TimeForARaise.org project, revealed that a single minimum … Read more
By Ralph Nader “We don’t use tax gimmicks” said Apple CEO Tim Cook this past Tuesday during a speech at a tech conference. This statement came just one week after congressional investigators released a report that documented how Apple, using a vast array of offshore subsidiaries, avoided paying their share in taxes to Uncle Sam. … Read more
By Ralph Nader A bipartisan legislative movement toward legalizing the growing of industrial hemp is finally on the rise. Last week, the Vermont General Assembly voted to lift a state statute that banned the growing of industrial hemp. While this, if enacted, would allow Vermont farmers to grow hemp under state law, it is still … Read more
By Ralph Nader “Sustainability,” the late Ray Anderson–founder and chairman of Interface Inc. –once told theNew York Times, “doesn’t cost, it pays.” After his “conversion experience” on the harmful effects his modular carpet business had on the environment, Anderson redirected his corporate philosophy to focus on the noble goal of absolute sustainability. Through his efforts, … Read more
By Ralph Nader The United States Postal Service is in a freefall due to poor management, a starkly shortsighted, paralyzed Congressional leadership, and the steady march of right wing ideologues. Corporate competitors who advance corporatization have severely eroded the historic institution created by Benjamin Franklin; one that currently delivers over 150 billion pieces of mail … Read more
By Ralph Nader
The Boston Marathon bombings killed three and injured more than 180. The West, Texas industrial explosion killed at least 14 and injured more than 180. Guess which one drew the greater media and law enforcement response?
If it turns out that the West, Texas explosion is the result of a “terrorist act,” expect federal law enforcement officials and the mass media to fly to Texas from Boston. But until then, don’t expect much.
By Ralph Nader
Here are some questions to consider: What do the Wall Street firms do that is so vital for the national interest? How does speculation contribute to our society? It’s time for Wall Street to step up and provide some answers.
By Ralph Nader
It’s time to start paying close attention to the mechanisms of the deregulation machine. For the past 30 years, the business lobbies have pushed Congress and the executive branch to disassemble the regulatory system that has protected us from the worst excesses of Wall Street and Big Business. The catastrophic effects of this dismantling are well known — the misbehavior of Wall Street brought us the financial collapse, the global recession, and the dominance of the largest banks being both “Too Big to Fail” and their culpable executives “Too Big to Jail”.