By Ralph Nader In May of 1998 we held a conference dedicated to two Government-sponsored Enterprises (GSEs) – Fannie Mae and Freddie Mac. In my statement to that assembly, I noted that both corporations had been enjoying good times, but cautioned that one of the unintended consequences of fat profits over a long period is … Read more
Did you know that in the nine months leading to the criminal war of aggression against Iraq in March 2003 by the Bush/Cheney administration, at least 300 retired, high-level establishment military, national security and diplomatic officials spoke out against the looming invasion? The list included retired Generals Anthony Zinni and William Odom and Vice Admiral … Read more
In 1961, President Kennedy’s Chairman of the Federal Communications Commission (FCC), Newton Minow described television as “a vast wasteland.” Perhaps nothing demonstrates that better these days than the rise of Donald J. Trump as a presidential candidate; now the presumptive Republican nominee. Trump’s boisterous carnival barker persona has dominated the airwaves for the entirety of … Read more
Ever wonder why presidential and Congressional election campaigns fail to meaningfully connect with civil society? Candidate rhetoric is designed to attract voters and campaign contributions. Candidates go out of their way to ingratiate themselves to their corporate paymasters, whose monetized minds want nothing to do with the civil society. Civil society leaders at the national … Read more
To avoid a historic tumble in the November elections, what should the Republican Party do at its July 18-21 nominating convention, if “Doubtful Donald” Trump and “Terrible Ted” Cruz cancel each other out? Their best chance is to nominate the remaining man in the race — Ohio Governor, John Kasich — who polls better than … Read more
Around a conference table inside the large Washington headquarters of the AFL-CIO, a furious exchange occurred between labor union presidents. It was late February and up for decision by the Executive Council was whether the country’s principal labor federation was going to make a primary season endorsement of Hillary Clinton as favored by the leaders … Read more
April is national financial literacy month and April Fools’ Day is April 1st. On this occasion consumers should resolve to avoid being fooled and misled by banks, credit card companies and the financial industry. FoolProofMe.com offers useful information to help you improve your financial skills and to become smarter consumers. Being “financially literate” means more … Read more
The Reuters report put this colossal dereliction simply: “A law in effect since 1992 requires annual audits of all federal agencies—and the Pentagon alone has never complied.” All $585 billion and more, e.g., for the Afghanistan and Iraq conflicts, of your money—not just unaudited, but, in the sober judgment of the Government Accountability Office (GAO) … Read more
That’s a question currently being asked by legislators in the halls of Congress. Without a muscular pushback from the public, the big airlines could claim the American airspace as their own to tax and regulate, without any significant compensation to the American taxpayer and no oversight from elected officials. Talk about getting skyjacked! An amendment … Read more
The hard-bitten, corporatist Democrats are moving Hillary Clinton through the presidential primaries. They are using “Republican-speak” to beat down Bernie Sanders as favoring Big Government and more taxes and they may unwittingly be setting the stage for a serious split in the Democratic Party. What is emerging is the reaction of millions of Sanders supporters … Read more