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Why Elizabeth Warren thinks Bill Clinton made CEO pay even worse

“This tax incentive has encouraged financial firms to compensate executives with massive bonuses – bonuses that too often reward short-term risk-taking instead of sustained, long-term growth,” she said. “We can close that loophole and stop pushing companies to reward short-term thinking.”

Lynn Stout, a law professor at Cornell University and an outspoken skeptic of today’s corporate governance, says the Clinton-era shift led executives to try to boost stock prices in the near term by laying off employees and spending less on research and development.  These measures, according to this line of thinking, made firms more profitable in the short term because their costs were lower, which resulted in high stock prices, but less able to generate value in the long term for investors and the economy.

Source: Why Elizabeth Warren thinks Bill Clinton made CEO pay even worse – The Washington Post

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GOP Candidates Discover the Problems With Money in Politics

Graham has some personal reasons for speaking out against big money—he’ll struggle to match the top-tier GOP candidates’ fundraising—and has voted for campaign-finance laws in the past, but he’s not the only one doing so. As The Washington Post’s Matea Gold notes, Chris Christie has been offering a tempered critique of the emerging world of campaign finance in the aftermath of the Citizens United, SpeechNow, and McCutcheon court cases. Graham and Christie may come from the more moderate side of the party, but Ted Cruz—who most assuredly does not—also seems to find the whole business distasteful.

Source: GOP Candidates Discover the Problems With Money in Politics – Yahoo News

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Mark Halperin on Clinton Donations: An Assistant Secretary Would’ve Been Fired For It

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Mark Halperin took aim at the Clinton Foundation’s controversial donation disclosures on Sunday morning, telling George Stephanopoulos that an assistant secretary of state would have been fired if he or she had engaged in similar practices as Hillary Clinton.

As for what we don’t yet know, Halperin said it is unclear what kinds of conversations Clinton had on her private email account about Bill Clinton‘s speeches and foreign donations to the Clinton Foundation that might have influenced her actions as the nation’s top diplomat.

Source: www.mediaite.com

See on Scoop.itFight Against the Two-Party System in America

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U.S. mulls ransom policy for families of overseas hostages

In other words everyone is on their own. The government is too inept and indifferent to protect Americans:

The Obama administration is considering changing a U.S. policy prohibiting families of hostages held overseas from making ransom payments to abductors, according to a television report on Sunday.

“Under recommendations contained in an ongoing White House review of U.S. hostage policy, there will be absolutely zero chance … of any family member of an American-held hostage overseas ever facing jail themselves, or even the threat of prosecution, for trying to free their loved ones,” according to the report aired on ABC’s “This Week.”

The report said three senior U.S. officials told of the policy review, but it did not indicate when a decision might be made.

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