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News Release
11/2/2016
Posted by Jamie Court
Santa Monica, CA -- In the final days of the election campaign, and as the pharmaceutical industry expands its spending against Prop 61 to a record $126 million, Wall Street analysts’ private research on Proposition 61 finds that drug companies will take modest profit hits if it passes but that the industry will remain relatively unscathed....
News Release
10/20/2016
Posted by Mark Reback
Santa Monica, CA -- Drug companies poured $22 million more into their campaign to stop drug pricing reform Proposition 61 after Wall Street began to query the companies about losing the election. For the first time, Proposition 61 was mentioned in an earnings call by a major drug company on October 18th. On the call, Goldman Sachs analyst Jami...
Blog Post
7/24/2012
Posted by Carmen Balber
Marchers shut down the streets on five different routes through the heart of downtown DC, and I lent Consumer Watchdog's voice in support of the Robin Hood Tax and the Fight to End AIDS. The marchers wove a story through downtown DC, stopping in front of lobby shops to call out the worst Wall Street and corporate offenders and demanding a...
Blog Post
7/20/2012
Posted by Carmen Balber
Robin Hood stole from the rich and gave to the poor. But since speculation by the big banks stole trillions in wealth from average Americans and devastated the world economy, I'd call a small tax on financial transactions more like taking our own money back. That’s why I’ll be marching with tens of thousands of people in DC...
Blog Post
1/5/2012
Posted by Carmen Balber
I'm starting to recognize that guy behind the podium. President Obama took a strong stand for consumers not once, but twice, yesterday, first when he did an endrun around Wall Street (and Senate) obstructionists to finalize the appointment of his nominee to head the new financial consumer watchdog agency, and again when his Dept. of Health...
Blog Post
1/4/2012
Posted by Carmen Balber
President Obama shut down the Wall Street lobby today with a recess appointment of Richard Cordray to head his new consumer financial watchdog agency. Wall Street's lackeys in Congress, spearheaded by nearly every Republican Senator, spent the last year and a half trying to block the agency from doing its job to protect consumers from the...
Blog Post
10/31/2011
Posted by Moira Dhaliwal
On November 3rd, you can help give Main Street a mission. March on the Treasury Department in Washington DC to demand that Wall Street, which received a $4.7 trillion dollar bailout, pay America back. U.S. corporations recorded all-time high profits of 1.68 trillion at the end of 2010.  At a time when public programs are on the...
Blog Post
10/27/2011
Posted by Carmen Balber
Today, Consumer Watchdog joined the AFL-CIO, Americans for Financial Reform, Citizens Trade Campaign, Public Citizen, and U.S. Public Interest Research Group (PIRG) in releasing a letter to U.S. Ambassador to the World Trade Organization (WTO) Michael Punke calling for a review of WTO rules to ensure that countries have sufficient policy space...
Blog Post
10/6/2011
Posted by Jamie Court
Occupy Wall Street has now drawn the attention of the labor movement, political cognoscente and the White House.  It’s an authentic movement, born of genuine financial distress and betrayal, which is why it is resonating with Americans and is sparking protests in cities across America. But can Zuccotti Park, the occupiers’...
Blog Post
8/25/2011
Posted by Carmen Balber
Email Sept1@consumerwatchdog.org for info and to RSVP.   The supposed economic recovery has proven to be little more than wishful thinking. National unemployment rates remain at 9.1%. Main Street America is in many ways worse off than it was when the economic crisis began after years of joblessness, home foreclosures, and drained...