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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…
By Ralph Nader January 3, 2018 “Sorry we’re not taking cash or checks,” said the clerk at the Fed Ex counter over a decade ago to an intern. “Only credit cards.” Since then, the relentless intensification of coercive commercialism has been moving toward a cashless economy, when all consumers are incarcerated within a prison of…
Here are some of my favorite, frugal, effective non-profit citizen action organizations that you may wish to favor with your tax-deductible generosity. 1. Veterans For Peace (VFP): Composed of veterans from World War II to the present, VFP takes strong stands, including peaceful demonstrations and marches, for peace and against a militarized, aggressive foreign policy…
Imagine an app that can calculate the lies per minute (LPM) Trump subjects the American public to on a daily basis. Perhaps there should be a national contest for how many Trump lies per minute can be documented by a contestant in a given week. When the Republican “tax cuts” reach his desk, in a…
Donald Trump’s now ubiquitous slogan, “Make America Great Again!”, is often chanted at rallies, but rarely scrutinized in public discourse. What era in America’s past is Mr. Trump referring to when he says “Again”? Would Mr. Trump prefer America return to the days of slavery, Jim Crow and labor exploitation in unsafe factories, mines, foundries…
FOR IMMEDIATE RELEASE December 6, 2017 Remarks by Ralph Nader Many Democratic Senators have demanded that Senator Al Franken resign immediately from the US Senate over accusations by six women that Senator Franken made unwanted advances and engaged in sexual harassment. Strange, isn’t it, that these same demanding Senators are not demanding now that Donald…