Weekly Address: The World Is United in the Fight Against ISIL and more


In this week’s address, the President thanked Congress for its strong bipartisan support for efforts to train and equip Syrian opposition forces to fight ISIL. This plan is part of the President’s comprehensive counter-terrorism strategy to degrade and destroy the terrorist group, and does not commit our troops to fighting another ground war. America, working with a broad coalition of nations, will continue to train, equip, advise, and assist our partners in the region in the battle against ISIL.

In the coming week, the President will speak at the United Nations General Assembly and continue to lead the world against terror, a fight in which all countries have a stake.

Click here to watch this week’s Weekly Address.

Watch: President Obama delivers the weekly address.
Top Stories
It’s On Us to Stop Sexual AssaultYesterday at the White House, President Obama joined Vice President Biden and Americans across the country to launch the “It’s On Us” initiative — an awareness campaign to help put an end to sexual assault on college campuses.

“It’s On Us” asks everyone — men and women across America — to make a personal commitment to step off the sidelines and be part of the solution to campus sexual assault.

Learn more about It's On Us.

READ MORE

What’s a Continuing Resolution and Why Does It Matter?

This week, Congress passed and President Obama signed something called a Continuing Resolution, an important measure that ensures our government has the resources necessary to address key domestic and national security goals in the months ahead.

Want to learn what exactly a Continuing Resolution is and what this one includes? Here’s a few answers to some key questions that many Americans may be asking.

Learn more about the President's statement.

READ MORE

Stepping Up Our Efforts to Help Combat the Ebola Outbreak

At the Centers for Disease Control and Prevention (CDC) in Atlanta on Tuesday, President Obama discussed the Ebola outbreak in West Africa and announced a major increase in our efforts to help fight the outbreak.

While reiterating that the chances of an Ebola outbreak in the United States are very unlikely, the President emphasized that the outbreak is still a national security priority, and that the government has “devoted significant resources in support of our strategy.”

Learn more about the President's statement.

READ MORE

Who’s Up and Who’s Down


By

Corporations Are Doing Great. Workers, Not So Much.

Burger King is the latest American-born company that is ditching corporate patriotism in favor of exploiting a tax loophole by moving its headquarters abroad. Companies like this and others insist that they make these decisions because America’s corporate tax rate is too much of a burden for them to be competitive. But the reality is that America’s corporations have never done better. It is America’s workers, with wages stagnating and prices increasing, that are having a harder and harder time to make ends meet.

Let’s look at corporations first. Corporations are capturing a greater share of the national income overall. In 1946, corporate profits accounted for 4.5 percent of all the money earned over the course of the year. Now they have more than doubled that share to 11.2 percent.

corps1

Meanwhile, corporate tax obligations make up a smaller share of federal revenue. In 1946, 30.2 percent of all taxes collected by the federal government came from corporations; now corporate income taxes only cover 9.9 percent of federal revenue.

corps2

Center for American Progress fiscal policy expert Harry Stein explains the backward logic of corporations complaining that taxes are too high: “The claim that taxes are somehow ‘crushing’ corporations gets it backward—corporations could not survive without taxes. To list just a few examples, federal taxes fund education and training for the American workforce, a national transportation network to deliver products to market, a navy to keep shipping lanes safe from piracy around the world, and a legal system to protect copyrights and patents.”

While corporations have been doing better than ever, workers have not been capturing their fair share of these profits. Simply put, trickle-down isn’t trickling. In 2013, the share of corporate income that went to workers hit its lowest point since 1950, according to an analysis from the Economic Policy Institute.

corpincome

Workers aren’t earning less because they’re working less. Oppositely, their productivity increased 8 percent between 2007 and 2012 while their wages actually fell.

BOTTOM LINE: These new economic numbers are more proof that our economy is not working for most Americans. Companies may point to the tax code as a reason for their corporate desertion, but the fact is they are doing better than ever. It’s middle and working class families, the real engines of the economy, that are left with less. We need an economy that works for them.

5 reasons to vote Democratic


I know we spend a lot of time talking about how Republicans’ plans will hurt the middle class.

So today, I’m going to change things up a bit. There are so many reasons voters should vote Democratic in November. Here are 5 reasons that I wanted you to focus on to demonstrate why everyone should vote Democratic this November:

1. We’re trying to overturn Citizens United.
2. We’re fighting the Koch brothers.
3. We’re refusing to end Medicare as we know it.
4. We’re refusing to privatize Social Security.
5. We’re defending a woman’s right to choose.

If those sound like good reasons to you, I hope you’ll consider pitching in $5 to help my team reach our $200,000 goal before the FEC deadline at the end of the month.

Climate March … Join the Largest Climate March in History


Earth Day Network Logo
This Sunday, hundreds of thousands of people and over 1,400 organizations will come together for the largest climate rally in human history.

Please join Earth Day Network at the People’s Climate March to make your voice be heard!

We are done waiting! We’ve reached a tipping point in the struggle to fight climate change. Immediate, aggressive international action must be taken or the entire world will face grave consequences. That is why UN Secretary General Ban Ki-moon has called together world leaders for a climate summit this September. While they are debating, we will march in historic numbers demanding that they make aggressive commitments to fight climate change now.

As a major partner of the People’s Climate March, Earth Day Network will be there en force. Join us to take a stand and change the course of history by demanding a world with an economy that works for people and planet; a world safe from the ravages of climate change; a world with good jobs, clean air and water, and healthy communities. Beyond the march, there are dozens of events planned for the weekend of the People’s Climate March, to plan your climate action weekend, the the schedule of events here.

The march will begin at 11:30 am in Central Park on Sunday September 21st. The route of the march and staging information can be found at the March’s website. Join the largest climate rally in history and help to ensure history moves in the right direction. Show up, bring your best sign and change the future!

If you can’t be there in person, be there in spirit and support Earth Day Network’s delegation. $100 will cover the cost of one person on our team. Donate now and help us show the world we need climate action NOW!

— The Earth Day Network Team

Lisa Donner, Americans for Financial Reform


cfpbThe Consumer Financial Protection Bureau (CFPB) is doing invaluable work to make the markets for credit cards, mortgages and other financial products and services fairer and more transparent. And once again, the financial industry is going all-out to block those efforts.

The industry’s latest threat involves a proposal to make the CFPB’s complaint system more useful and user-friendly by giving consumers the right to include the specifics of their complaints in a searchable public database.

Please join us in telling the CFPB: Don’t back down from your proposal to let consumers share their stories publicly.

Hundreds of thousands of people have used the CFPB’s complaint system, and more than 30,000 cases have already resulted in monetary relief. Complaint data also helps the CFPB detect and respond to broader patterns of industry error or misconduct. The complaint system could be far more valuable, though, if consumers had the option of publicly describing their bad experiences. That way, consumers would be able to learn about the experiences of others and make more informed choices, and financial companies would have an added incentive to compete by actually trying to satisfy their customers, not by trying to put something over on them.

But financial companies, just as they fought the creation of the CFPB in the first place, are fighting its complaint proposal tooth and nail – through the press, through lobbying, and through a highly deceptive advertising campaign in which the industry falsely claims that businesses would not have an equal right to post their responses.

That’s why we need to fight back.  Urge the CFPB to stand firm and help consumers share their experiences and hold big banks accountable.

Speak up today, because the big banks are working feverishly hard to take away our chance to speak up in the future.

Thank you for your continued support for real financial reform.

Sincerely,

 

Lisa Donner
Executive Director
Americans for Financial Reform