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By Ralph Nader March 6, 2018 The Heritage Foundation, with an annual budget nearing $90 million a year (including over $1 million for the salary of its president), calls itself conservative, but more often than not it practices the kind of corporatism dear to the impulses of President Trump. The Washington-based “think tank/lobbying firm” has…
By Ralph Nader February 27, 2018 Ever wonder how the television, radio and newspaper people select whom they are going to interview or get quotes from when they are reporting the news or producing a feature? I do. What I’ve learned is that they go to guests that are connected with the established powers—such as…
By Ralph Nader February 22, 2018 On my weekly radio show, I recently interviewed Liam McCormack, the head of testing for Consumer Reports (CR)—a resource and monthly magazine with seven million print and online subscribers. It has always been a wonder to me why seventy million people don’t take advantage of this honest, non-profit testing…
By Ralph Nader February 14, 2018 I first heard about William M. Shernoff in the mid-nineteen seventies when he was pioneering a field of law known as insurance bad faith litigation. That ‘bad faith’ occurs is when insurance companies deny legitimate claims or try to use deceptive fine print clauses to escape policy coverage. He…
By Ralph Nader February 7, 2018 Up against four decades of megacorporate erosion of wrongfully injured Americans’ access to our courts, trial lawyers are wondering what use is left of the Seventh Amendment, our constitutional right to trial by jury? Indentured lawmakers pass laws blocking or obstructing harmed individuals who are simply seeking fair compensation…
Dear Fund Managers, Active money managers are well advised to avoid investing in companies that overpay their CEOs and engage in massive buybacks. But passive investors make no judgments about CEO pay (or most other issues) before investing. The desire to simulate an index drives investment decisions. Nonetheless, it is still in your self-interest to…
By Ralph Nader February 1, 2018 Almost every day, entertainment, sports, media, political and even some business organizations are jettisoning their top officials and incumbents after reported accusations of sexual harassment and sexual assaults of their subordinates. They’re not waiting for prosecutors, courts or regulators to take action. “Get out now” is the first punishing…
By Ralph Nader January 25, 2018 In falsely bragging about the alleged benefits to the middle class from the tax law enacted by the Republicans last month, the Trumpsters neglected to give high visibility to the state regulators who must require utility and insurance companies to pass savings from the tax cuts on to their…
By Ralph Nader January 16, 2018 Former President Barack Obama continues to mystify his supporters. He is watching his successor tear down what they see as his administration’s hard-earned initiatives to protect the people’s health, safety and economic well-being, while twisting Washington toward more coddled, tax-subsidized corporatism. Yet our former president mostly remains quiet on…
President Donald J. Trump The White House 1600 Pennsylvania Avenue NW Washington, DC 20500 January 9, 2018 Dear President Trump, Let us all wish and work for a peaceful and just New Year. The American people are spending a significant amount of time observing and thinking about your presidency and its robust tweeting operation…