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Pharmaceutical Prices

November 28, 2003
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If Sam’s Club can negotiate for lower pharmaceutical prices, why can’t Uncle Sam? Because the approval by the Congress of a new pharmaceutical benefit for Medicare was saddled with a legal provision that prohibits the U.S. government from using its considerable consumer market power to negotiate for lower prices on medicines.Our country already is spending…

More on the Energy Disaster

November 23, 2003
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The only remarkable thing about the 2003 energy policy bill greasing its way through Congress has been the energy of the avaricious lobbyists for the oil, gas, coal and nuclear corporations. But then there were tens of billions of dollars in it for them in tax escapes, loan guarantees, and outright subsidies along with weaker…

More on The Energy Disaster

November 22, 2003
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The only remarkable thing about the 2003 energy policy bill greasing its way through Congress has been the energy of the avaricious lobbyists for the oil, gas, coal and nuclear corporations. But then there were tens of billions of dollars in it for them in tax escapes, loan guarantees, and outright subsidies along with weaker…

The Energy Disaster

November 14, 2003
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The word “chaos” cannot do justice to the omnibus energy legislation properly mired in something called the House- Senate conference. Inside tyranny by the Republicans and the outside full nelson grip on Congress by the oil, gas and coal corporations are driving the Democrats to think about Filibuster. And deservedly, the bill merits defeat. In…

Ralph Nader letter to Senator Ted Stevens

November 10, 2003
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Senator Ted StevensU.S. SenateWashington, D.C. 20510November 10, 2003Dear Senator Stevens:As President Pro Tempore of the Senate, you know as well as anyone in the Senate, and better than most, the value and importance of adherence to Senate procedures and process. Also, as one of the primary authors of the Sustainable Fisheries Act in 1996 and…

The Blue Fronteir

November 7, 2003
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It was a dinner gathering to remember. In a historic Washington, D.C. building there was assembly with such variety of talents dedicated to saving our awfully overburdened oceans that Blue Frontier director David Helvarg remarked “there’s rarely been so much marine talent gathered in one place, since Jacques Cousteau dined alone.” The dinner was the…

Fannie Mae and Freddie Mac

October 31, 2003
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Fannie Mae and Freddie Mac — the giant housing finance corporations — have been garnering a rash of unwanted headlines as the gangs who can’t add straight. First it was Freddie Mac which had to admit it had understated its income by a mere $4.5 billion. Even in the financial stratosphere of these government-sponsored enterprises,…

Signs of a Societal Decay

October 24, 2003
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Modern societies specialize in a dazzling number of indicators that mark the ups and downs of various activities, especially economic, health and audience ratings. But when it comes to signs of societal decay that cannot easily be reduced to numbers, there is a void. So let’s look at four “decays” that are trending downward. Gluttony…

Nader Bearish on Merrill Lynch Settlement

October 21, 2003
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WASHINGTON, D. C. May 21—Ralph Nader today dubbed the agreement between New York Attorney General Eliot Spitzer and Merrill Lynch “grossly inadequate” to protect investors. “I call on Attorney General Spitzer to reconsider his framework reached with Merrill Lynch as it insufficiently protects investors and shareholders,” said Nader. This agreement leaves shareholders unprotected for several…

Corporate Socialism

October 21, 2003
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 The relentless expansion of corporate control over our political economy has proven nearly immune to daily reporting by the mainstream media. Corporate crime, fraud and abuse have become like the weather; everyone is talking about the storm but no one seems able to do anything about it. This is largely because expected accountability mechanisms —…