Tag Archives: Regulation

Do Millionaires Worry About Going to Jail?

There are vast differences between the lives of a rich person and a poor person. As someone who finds himself in the former category, I know that the majority of these differences privilege my experiences and opportunities over the other. In a truly democratic and safe society, these benefits should stop once the criminal justice system enters into the equation, but this is not the … Continue reading Do Millionaires Worry About Going to Jail? »

The Importance of the Johnson Amendment

The separation of church and state in our country’s federal and state governments is one of the most appealing aspects of our democracy. Without it, millions of Americans would be forced to follow legislation created with their neighbor’s God in mind, and church donations could be funnelled to candidates, unfettered. The resulting legislation would ultimately infringe on the rights and liberties of many non-believers or … Continue reading The Importance of the Johnson Amendment »

Abandoning America’s Workers, Starting at the Top

President Trump has nominated Hardee’s and Carl’s Jr. owner Andrew Puzder to lead the Department of Labor for the next four years. Should Congress approve or reject this nomination? A brief look at the functions of the Department of Labor and Puzder’s background supplies the obvious answer: Puzder cannot become the Secretary of Labor. Congress established the federal Department of Labor in 1912. The legislation … Continue reading Abandoning America’s Workers, Starting at the Top »

Patriotic Millionaires Issue Statement on Proposed Rules to Payday Lending Industry

“We don’t think it is right for lenders to loan money disregarding a borrower’s inability to repay, intending to make profit on the resulting fees and eventual default. The payday lending industry should not have a business model of trapping average Americans in the cycle of debt,” said Chair of the Patriotic Millionaires Morris Pearl, former Managing Director at BlackRock Inc., one of the largest investment funds in the world.