RSN: Six Million Adults Who Won't Influence This Presidential Race

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FOCUS: Matt Taibbi | Six Million Adults Who Won't Influence This Presidential Race 
 
Matt Taibbi, Rolling Stone 
Taibbi writes: "It's hard to overstate the absurdity of the divide between corporate offenders and everyone else, when it comes to the limits on democratic influence." 
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CORPWATCH: Bank of America to Pay $16.65 Billion to Settle Mortgage Fraud Charges

WHAT'S NEW ON CORPWATCH: Holding Corporations Accountable
http://www.corpwatch.org


Bank of America to Pay $16.65 Billion to Settle Mortgage Fraud Charges
Pratap Chatterjee
August 21st, 2014

Bank of America has agreed to pay the government $9.65 billion to settle charges of misleading investors over mortgage lending in the run up to the 2008 financial crisis. The bank will also pay out an additional $7 billion to help borrowers and communities affected by the loans.

See http://www.corpwatch.org/article.php?id=15965

Please feel free to write to me directly with story ideas, comments or
just to say hello. My address is "pratap@corpwatch.org"

Thanks for holding corporations accountable for their actions!

Pratap Chatterjee
Managing Editor

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RSN: The "Paid-What-You're-Worth" Myth, et al

Robert Reich | The "Paid-What-You're-Worth" Myth

Robert Reich, Robert Reich's Blog
Reich writes: "Fifty years ago, when General Motors was the largest employer in America, the typical GM worker got paid $35 an hour in today's dollars. Today, America's largest employer is Walmart, and the typical Walmart workers earns $8.80 an hour."
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US Criticized by UN for Human Rights Failings on NSA, Guns and Drones
Ed Pilkington, Guardian UK
Pilkington reports: "At the start of a two-day grilling of the US delegation, the committee's 18 experts made clear their deep concerns about the US record across a raft of human rights issues. Many related to faultlines as old as America itself, such as guns and race."
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Under Pressure, Obama Calls for Immigration-Enforcement Review
David Nakamura, The Washington Post
Nakamura reports: "President Obama on Thursday ordered his administration to review its immigration policies to determine ways to make it more humane, a response to mounting pressure from advocates to stem deportations of illegal immigrants."
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US Criticized for Lack of Action on Mortgage Fraud
Matt Apuzzo, The New York Times
Apuzzo reports: "Four years after President Obama promised to crack down on mortgage fraud, his administration has quietly made the crime its lowest priority and has closed hundreds of cases after little or no investigation."
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Senators Strike Deal to Extend Long-Term Jobless Benefits
Associated Press
Excerpt: "A bipartisan group of senators ended a long-running election-season standoff by striking a compromise that would extend jobless benefits for 2 million Americans who have been out of work the longest."
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5 Things We Learned From Today's Senate Hearing on Keystone XL
Katie Valentine, ThinkProgress
Valentine reports: "The president's decision on whether or not to approve the Keystone XL pipeline is drawing closer, and if recent protests and hearings are any indication, the arguments around the issue are only heating up."
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