In our regular weekly feature, we’ll be taking a look at the winners and losers of the week in the struggle for the rights of working families. The winners will be the persons or organizations that go above and beyond to expand or protect the rights of working families or working people who have fought for or won a significant victory. The losers will be whoever went above and beyond to limit or deny those rights or the working people who have lost a right or a battle for expanding or keeping their rights.
Wall Street wrecked the economy and banks are still refusing to work with people who are trying to stay in their homes. The Campaign for a Fair Settlement, along with other partners, is calling on President Obama over the next 100 days to champion an agenda that would:
1. Hold bankers accountable for their crimes.
2. Keep people in their homes by resetting their mortgages.
While Verizon workers toil without a contract, a report issued jointly today by Citizens for Tax Justice and the Institute on Taxation and Economic Policy shows that it’s not just its workers the company is short-changing; it’s all of the American people. For the last three years, Verizon has paid less than zero taxes. That’s right—through the use of corporate loopholes, Verizon has actually “made” money through its tax filings, according to the report, “Corporate Taxpayers and Corporate Tax Dodgers.”
The Big Banks still don’t get it. Bank of America recently announced that it will start charging its customers $5 per month to use their debit cards. Wells Fargo and JPMorgan Chase are considering similar fees on their customers.