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Selling Out Regulation

April 4, 2012
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The Republican Party has a sense of humor, however inadvertently. Its ardent advocates regularly accuse the Obama Administration of heavy-handed regulation of business. Tell that to the hundred federal poultry inspectors who just picketed outside of the Department of Agriculture in opposition to a proposal that would allow those crammed, bacterial poultry slaughterhouses to do…

Open Letter to President Obama on Jobs Acts

March 30, 2012
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President Obama, As you know, this country has recently faced one of the worst financial crises in our history. In the aftermath, millions were left unemployed, without a home, saddled with enormous college loans, and struggling to get by. The economy continues to lag to this day, and many millions of Americans remain out of…

Open Letter to Richard Trumka, president of the AFL-CIO

March 28, 2012
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Dear Mr. Trumka, You have come to your leadership position of our country’s labor federation of unions with 13 million members the hard way. Starting by working in the coal mines, then becoming a lawyer, heading the United Mine Workers, then becoming the Secretary-Treasurer of the AFL-CIO before assuming your present position in 2009, who…

CEOs Contemplate the Occupy Movement

March 21, 2012
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By Ralph Nader Stetson J. Bradford III met up with his fellow CEO F. Reginald Lawless for a brow-to-brow lunch at the Penthouse Reverie Room high above Wall and Broad Streets in New York. As charter members of the 40-year Corporate Supremes Club, they had serious business to discuss before Thanksgiving weekend in 2011. The…

Perils of the Global Economy

March 15, 2012
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For months now our stocks have gone up and down due to various concerns, but none more recurrent than concerns about the financial crisis in Greece. Morning after morning, New York City based casino capitalists trade with Greece and the latest rumors from Western Europe on their minds. What will affluent Germany do to bail…

Obama Can Do More on Oil Prices

March 6, 2012
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Gasoline and heating oil prices are ratcheting up. In California, some motorists are paying over $5 per gallon. President Obama declared that “there is no quick fix” for this problem. Meanwhile, the hapless but howling Republicans are blaming him for the fuel surge as if he is a price control czar. Indeed, President Obama has…

Minimum Wage: Catching up with 1968

February 29, 2012
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By Ralph Nader How inert can the Democratic Party be? Do they really want to defeat the Congressional Republicans in the fall by doing the right thing? A winning issue is to raise the federal minimum wage, stuck at $7.25 since 2007. If it was adjusted for inflation since 1968, not to mention other erosions…

‘Most Gifted Foreign Correspondent in a Generation’

February 23, 2012
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By Ralph Nader Anthony Shadid, called the “most gifted foreign correspondent in a generation” by his then Washington Post colleague, Rajiv Chandrasekaran (author of the widely heralded book “Imperial Life in the Emerald City”), didn’t really need a byline. For anyone who knew of his peerless, unique reports from the Middle East would read them…

The NHL: Boxing Without A License?

February 15, 2012
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Call it what you will, but staged, premeditated or planned fighting in the National Hockey League (NHL), where two big “enforcers” slug each other’s heads with their bare fists, has no place in the game of hockey. Such fighting is boxing and as such requires a boxing license under many state laws. The NHL does…

Consumer Advocate Ralph Nader Calls for SEC Investigation of Pete Peterson, Blackstone and BlackRock

February 7, 2012
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FOR IMMEDIATE RELEASE: On behalf of Ralph Nader, the Mayer Law Group today asked the SEC to open an investigation and/or enforcement action regarding actions by Peter Peterson, BlackRock and Blackstone. The Mayer Law Group submitted evidence that Peterson, Blackstone and BlackRock sold to investors, including Mr. Nader, the Blackstone North America Income and Opportunity…