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Not that you were likely losing any sleep about the well-being of the plutocrats running the American economy, but just in case you were wondering,  Think Progress reports this morning that  the Wall Street types are in the money again.

“2012 was the second most profitable year in Wall Street’s history, with banks making north of $140 billion. Wall Street’s bonus pool, while not yet back to the heights it achieved before the financial crisis, is growing again, and the average cash bonus hit $121,900.

This is part and parcel of a longer trend on Wall Street, which has seen pay skyrocket as the financial industry was deregulated. According to Bloomberg News, Wall Street’s bonus pool has nearly quintupled since 1985, growing from $4 billion to more than $20 billion (in constant dollars).”

Read and weep at the whole story by clicking here

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For decades, anyone who pays attention to politics has been forced to endure the tired old pledge from practically every conservative candidate that, upon election, he or she will “run government like a business.” Today, we got to see once again the “business” that North Carolina conservatives are using as their model: Ringling Brothers.

Anyone who doubts this should have stopped by or tuned in via the Internet to today’s meeting of a once venerable House-Senate panel known as the Revenue Laws Study Committee. For decades, Revenue Laws has operated as one of the North Carolina General Assembly’s most wonkish and staid committees — a sober group that focused on technical tax policy matters. This is not to say that the Committee has not tackled large or controversial issues, but through the years it has almost always been run in a way in which the issues were debated seriously and in which more or less even-handed debates regarding substance got at least as much aattention as politics.

Today, however, susbtance tooks a vacation as legislative right-wingers turned the committee’s regular meeting into a circus sideshow. Read More

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Greg Sargent at The Plum Line reports some new and, hopefully, energizing poll results for progressives from Pew Research.

Here’s the lead from the post:

“Pew Research has just released the most detailed polling I’ve seen yet on Occupy Wall Street, economic fairness, rising inequality, and the lack of Wall Street accountability. If these numbers don’t put an end to the nonsense about how Dems risk alienating the “middle of the country” by embracing a populist “class warfare” message, nothing will…”

Click here to read the entire post.