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Blog Post
12/10/2009
Posted by Jamie Court
If money is the mother milk of politics, then big bucks from the banks and financial industry are souring financial reform legislation being debated in the House of Representatives this week. A new analysis by Consumer Watchdog shows just how rotten the Capitol Hill dairy is. Thirty-four members of the U.S. House of Representatives that offered...
Blog Post
12/8/2009
Posted by Jamie Court
The President is rightly proposing using government money to help hire more Americans. Back at his house, Obama should set an example for Congress by rehiring consumer advocates at the White House Office of Consumer Affairs who have been deposed since the G.W. Bush era. Every other Democratic president since President Kennedy has hired a Special...
Blog Post
11/5/2009
Posted by Judy Dugan
The news that the New York office of Citigroup got 1,200 doses of H1Ni flu vaccine, and Goldman Sachs got about 200, makes me even angrier than their executive bonuses. Don't these people have any sense of propriety? Just by way of comparison, local health departments, like those in LA County, are struggling to even vaccinate high-risk groups like...
Blog Post
10/14/2009
Posted by Carmen Balber
The first hour of debate just finished in the House Financial Services Committee on the proposed Consumer Financial Protection Agency. This is the agency that's supposed to rein in abusive credit cards, mortgages and checking accounts, and all the other financial tricks that made Wall Street money at consumers' expense. It's meant to demonstrate a...
Blog Post
9/25/2009
Posted by Carmen Balber
Outrageous insurance company practices have been in the spotlight all year (like the recent revelation that 'history of domestic violence is a pre-existing condition) but a lot more critique seemed to break through the din this week. (See CW’s exposure of internal insurer documents on other uninsurable conditions – like being a...
Blog Post
9/13/2009
Posted by Carmen Balber
Things got busy fast this week in DC as Congress returned from the month-long summer break. Finance committee chair Sen. Max Baucus released his long-awaited health reform proposal on Tuesday after months of closed-door meetings with the so-called “Gang of Six,” and President Obama stood up the next day for a speech in the House where...
News Release
9/1/2009
CONTACT CONTACT: Jeff Chester, 202-494-7100; or John M. Simpson, 310-392-0522, x317
Center for Digital Democracy Consumer Federation of America Consumers Union Consumer Watchdog Electronic Frontier Foundation Privacy Lives Privacy Rights Clearinghouse Privacy Times U.S. Public Interest Research Group The World Privacy Forum   WASHINGTON, D.C. -- A coalition of ten consumer and privacy advocacy organizations today called on...
Blog Post
7/10/2009
Posted by: Carmen Balber
AIG is at it again, showing just how tone deaf they really are, searching for approval from President Obama's pay czar to dole out $2.4 million in bonuses to company executives, and $235 million extra to the bankers whose wildly risky but temporarily profitable derivative sales caused the company’s collapse. First test, Mr. Pay Czar, and it...
Blog Post
7/8/2009
Posted by Jamie Court
I never thought I would own GM, or even a piece of it, when I was an eight year old kid playing in my dad's parked, sky blue Oldsmobile Cutlass. But all of us Americans are inches from owning the new GM with a bankruptcy court ruling approving the deal. It's more than ironic that right after the 4th of July, as we celebrate the rule of law and the...
Blog Post
6/26/2009
Posted by Carmen Balber
The big banks just launched a supposedly 'grass-roots' campaign to try and rehabilitate their image. Said Americans United for Change today (a coalition ally in the Americans for Financial Reform coalition):  Largest Wall Street Trade Group Launches PR Campaign to Defend Against “Populist Overreaction”   Americans United...