Banks may still be foreclosing everywhere they can, but at least they can't hide from their shareholders -- even when they decide to have their meetings not in San Francisco or Minneapolis but Boise or Salt Lake City. But some shareholder resolutions would be nice -- they wouldn't even have to win to get Wells Fargo (2012 profits: $19 billion) to start doing the right thing.
In a related note, the Wall Street Journal has permitted this Paul Farrell column entitled "Capitalism Is Killing Our Morals, Our Future" on its Marketwatch website. I sure would love to read something like that on its daily broadsheet! Anyway, it's not exactly what you'd expect -- the main point is that when everything is for sale, when parties to a contract have a "nonjudgmental" attitude toward what's being sold, then inequality and corruption thrive.
Sen. Kelly Ayotte (R-NH) says she voted against the Paycheck Fairness Act because "there were (sic) already existing laws that need to be enforced," failing to note that the Paycheck Fairness Act would have provided tools for enforcement of those laws. Worse, she worried the law would have made it harder "for job creators to create jobs." She may call that chiasmus, but I just call it clumsy. And I call it reactionary to cite better law enforcement as some kind of burden, and I also call her "job creators" job destroyers. Good citizens of New Hampshire, please turn Ms. Ayotte out in 2016.
Four citizens and eight corporations file suit against our government over IRS enforcement of the Affordable Care Act. The plaintiffs say the IRS overstepped the Affordable Care Act's bounds by making tax credits for health insurance to individuals participating in the federal health insurance exchanges as well as the state exchanges (because the states have been slow to set up their own exchanges, where they're doing it at all). We could have avoided this problem by setting up a single-payer system, maybe?
The Drudge Report fell hard for a satirical Daily Currant piece describing New York Mayor Michael Bloomberg being denied a second slice of pizza at a restaurant. I guess this is why Mr. Drudge isn't America's Assignment Editor anymore, though I wonder what he'll have to do for the "liberal" media to shun him completely, as they should have done long ago. And at least he outclassed the Zero Hedge blog, whose anti-apology really has to be read to be believed.
Good news, everyone: CISPA, the House-passed bill that would have let corporations and government collaborate on infringing your privacy rights, is very likely dead in the Senate. Give yourself and your cohorts a high-five, and then beware of whatever "cybersecurity" legislation (likely several pieces of legislation) the Senate does offer up later on this year.