Buying an annuity has always been a difficult exercise for the consumer. What Sen. Warren's report shows is that on top of the complexity, brokers selling annuities too often are presented with real and considerable incentives to push you into particular products.
Taking in Syrian refugees, all ten thousand of them, is a must if we are going to maintain our sensitivity to the needs of those who are depending on us, even if we are afraid to do it. Fear is necessary, but peddling it, as many politicians and military industrialists are, is not.
Protecting the American people from another devastating financial crash and the economic wreckage it causes begins with reflecting honestly about the past and trying to learn the right lessons.
Though Social Security is not generally considered a veterans' benefit, it serves our veterans well. If it is expanded, it would serve them even better.
The article focused on Fortress Investment's Peter Briger, a/k/a "king of debt" a/k/a "junkyard dog," a man who scored big by buying up the so-called "distressed assets" that banks didn't want and were willing to sell off cheap. So, if you're one of millions of struggling homeowners be afraid, be very afraid.
Most Democrats appear to see through the industry's cynical ploy and fully understand that it is spending these vast sums out of pure self-interest, not out of genuine concern for low- and moderate-income families. However, some Democrats want to stop the rulemaking.
By closing the "performance pay" loophole, Senator Warren's proposal would end a giveaway to the wealthiest in order to provide an extremely well-justified payment to tens of millions who have seen the value of their benefits slowly deteriorate for years.
Hillary and her #WallStreetDemocrats apparently believe that it is okay to continue to have financial institutions that are Too Big To Fail. Her plan is to always have enough complex rules and regulations in place to control their increasingly complex investment schemes.
They may be unlikely allies. They may have vastly different motivations. But for now, Carl Icahn and Elizabeth Warren can justifiably claim to be on the same side when it comes to systemically important financial institutions. It is a union that bank executives should be very afraid of.
Mr. Bush, who is now fifth in the polls and twenty points behind the leading candidate, has proven an uninspired campaigner and lackluster debater. Moreover, the unexpected rise of Ben Carson and Donald Trump has left little room for a consummate establishment Republican figure like Jeb Bush.
As exciting as it is to see student debt already at the forefront of the election, it's hard to get too optimistic for change when Congress has demonstrated an unwillingness to advance legislation that would provide relief to those buried in student debt.
David Crosby is ensconced with a very elite group of musicians who used their songs and harmonies to end a war, discrimination and government wrongdoing. Bob Dylan and Joan Baez are others in this small group of troubadours that made a difference in the 1960's and 70's.
While serving in the Senate, Wellstone remained an organizer. He was frequently on picket lines and at rallies sponsored by labor, community, environmental and other progressive groups. His speeches, often appearing to be delivered completely off-the-cuff, would crescendo wildly into loud, short jeremiads expressing indignation at whatever wrongs the rally was addressing.
First things first, Hillary hasn't been out of power for the last 23 years. She was still basking in the glory of being the first lady when she got elected as a (non-resident) senator from New York in 2000.
Votes over the CFPB present the same choice today that they always have -- a choice between big banks and predatory lenders on one side and families on the other. It's time to say no to the big banks and no to their lobbyists, their lawyers and their Republican friends in Congress.
On September 27th, 2015, Senator Elizabeth Warren (D-MA.) gave a speech for the US Senate, advocating for the continuing fight for racial justice in America, and making parallels between the Civil Rights Movement of the 1960s and the Black Lives Matter Movement today.