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News Story
9/13/2017
Posted by Consumer Watchdog
There is just one reason lawmakers try to push through rewritten bills in the final days of the California Legislature’s session each and every September: It’s because they know the more scrutiny the proposals get, the less chance they have of passage. That’s a contemptible, undemocratic rationale. Now — with Friday’...
Blog Post
8/30/2010
Posted by Consumer Watchdog
When Anthem Blue Cross announced its controversial premium increases in California recently, the insurer claimed, "a carrier must be able to receive actuarially sound rates." So it is remarkable that "progressive" San Francisco State Senator Mark Leno, a single payer health care advocate, recently introduced eleventh hour...
News Story
3/16/2010
Posted by Consumer Watchdog
GUARDIAN ILLUSTRATION BY DEVON DOSS California voters are about to be bombarded by more than $50 million in political advertising designed to convince them to approve a pair of measures desperately sought by two powerful corporations with a long history of lies and political corruption. Will this brazen and transparently self-serving effort...
News Story
9/11/2009
Posted by Consumer Watchdog
SACRAMENTO, CA -- For many who join the select club of 120 known as the California Legislature, everything changes. Once inside, they find an army of lobbyists and corporate executives at their disposal, more than eager to shower them with food, drink, travel and -- in some cases -- sex. The case of Michael Duvall, the 54-year-old Yorba Linda...
News Story
9/10/2009
Posted by Consumer Watchdog
The GOP California lawmaker who was caught on video making sexual boasts is being investigated for a reported tryst with an energy lobbyist.       San Francisco, CA -- California Assemblyman Mike Duvall’s caught-on-tape sexual boasts certainly suggest a lapse in judgment by the socially conservative Republican...
News Story
7/25/2008
Posted by Consumer Watchdog
Wind and Natural Gas Are Priorities on List Texas billionaire T. Boone Pickens became one of the world's richest people by drilling for petroleum. But these days, he's spearheading a multimillion-dollar push to wean the nation from oil and onto wind power and natural gas. In the past week, Pickens has talked with the Democratic and Republican...
Blog Post
3/24/2008
Posted by Consumer Watchdog
For a generation, regulation has been a dirty word in politics unless it had the prefix "de-" attached to it.  I think the Wall Street Journal's story today is a sure sign that we're out of the woods and headed toward sensible oversight of corporate America (and its global tradng partners).   The Journal places the impetus...
News Story
2/2/2008
Posted by Consumer Watchdog
The New York Times February 2, 2008 by JAD MOUAWAD By any measure, Exxon Mobil's performance last year was a blowout. The company reported Friday that it beat its own record for the highest profits ever recorded by any company, with net income rising 3 percent, to $40.6 billion, thanks to surging oil prices. The company's sales, more than $404...
News Story
2/2/2008
Posted by Consumer Watchdog
The San Francisco Chronicle February 2, 2008 by David R. Baker, Chronicle Staff Writer Soaring oil prices lifted Chevron Corp.'s annual profit to $18.7 billion in 2007, the fourth consecutive year that the San Ramon company made record amounts of money. Chevron, America's second-largest oil company, reported Friday that its annual profit jumped 9...
News Story
2/2/2008
Posted by Consumer Watchdog
Los Angeles Times February 2, 2008 by Elizabeth Douglass, Times Staff Writer ExxonMobil Corp. shattered its own record as the world's most profitable publicly traded corporation, as rising oil prices helped the company bring in better-than-ever income and revenue for the fourth quarter and 2007. Irving, Texas-based Exxon's net income rose 3% to $...