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Dear friend, Thirty million Americans are making less today, adjusted for inflation, than they did 45 years ago in 1968! If the 1968 minimum wage grew with inflation, it would be $10.67 today. Unfortunately the federal minimum wage is a miserly $7.25. According to the Economic Policy Institute, U.S. CEOs of major companies earned 18.3…
Read MoreIf Walmart Used Money It Has Set Aside for Stock Buyback on Workers, Each Walmart Employee in the U.S. Could Receive a $7,000 Annual Raise and Bring Home At Least $10.50 Per Hour July 15, 2013 On Monday, Ralph Nader sent a letter to Walmart President and CEO, Mike Duke, urging him to reconsider the…
Read More“The former Winsted Savings Bank building on 654 Main Street, Winsted, Connecticut will be the new home of the nation’s first law museum – the American Museum of Tort Law,” Ralph Nader announced today. The law of torts, invoked by plaintiffs when there is wrongful injury to persons and property, traces back centuries to the…
Read MoreJuly 9, 2013 President Barack Obama The White House 1600 Pennsylvania Avenue, NW Washington, DC 20500 Dear President Obama: Ever since your ringing announcement that you favor lifting the federal minimum wage from its frozen $7.25 per hour to $9.00 in your State of the Union Address on February 12, 2013, there has been little…
Read MoreLabor unions are far more inclined to publically express their patriotic commitment to the Pledge of Allegiance than U.S. chartered large corporations. In a survey by the Center for Study of Responsive Law, twenty of the largest unions and twenty of the largest U.S. Chartered corporations were asked on three separate occasions: Do you think…
Read MoreSigned copies of my new book: Told You So: The Big Book of Weekly Columns, are now available at Politics & Prose. Combating corporate abuses requires constant vigilance. Corporations shape America’s political process as much as they shape America’s economy through PAC contributions and threats to move manufacturing and service jobs to low-wage countries. The columns…
Read MoreFor more information on the campaign to raise the minimum wage visit: timeforaraise.org The current federal minimum wage is $7.25, way below the unrealistically low federal poverty definition of $18,123 per year for a family of three. Adjusted for inflation, the minimum wage in 1968 would be above $10.50 per hour. An increase in the minimum wage…
Read MoreGSE’s Shareholders Should be Allowed to Benefit From Fannie and Freddie’s Recovery Just as AIG and Citi Stockholders Benefited In a letter today to the Secretary of the Treasury, Jacob J. Lew, Mr. Nader urged Secretary Lew to consider the plight of Fannie Mae and Freddie Mac’s common shareholders. In the letter, Mr. Nader wrote…
Read MoreDear Mr. President: As a former lecturer in constitutional law at the University of Chicago Law School, you know that the federal government, including the Office of the President, does not enjoy limitless powers. As President, your powers are limited to those conferred either by the Constitution or federal statutes. Supreme Court Associate Justice Hugo…
Read MoreThree White Papers regarding civil liberties and executive power. ABA Task Force on Treatment of Enemy Combatants ABA Task Force on Presidential Signing Statements ABA Task Force on Domestic Surveillance
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