by Dave Johnson | Mar 20, 2012 | Blog, Economy
The Senate is considering the House-passed, typically-misnamed "JOBS Act." This act dramatically cuts regulations and disclosure requirements for companies that want to sell stock. As written it opens the door to the usual scammers, fleecers and fraudsters that feast...
by Richard Eskow | Mar 20, 2012 | Blog, Economy
Whenever Washington politicians get together on something "bipartisan," there's a very good chance it's a lobbyist-driven initiative - one that will enrich the lobbyists'' patrons, generate campaign funds for pliant politicians, and stick it pretty much everyone else....
by Dave Johnson | Mar 20, 2012 | Blog
Republicans want to "reform" the Export-Import Bank. Uh Oh. Lobbyists pushing this "reform" say helping American companies compete against subsidized foreign-made goods is "corporate welfare." It turns out that a lot of the noise isn't about what the lobbyists say it...
by Leo Gerard | Mar 20, 2012 | Blog
The chair of Sunoco’s board of directors is a refinery assassin. Lynn Laverty Elsenhans, who will remain Sunoco chair until May, tried to kill off a Shell refinery in Bakersfield, Calif., when she was CEO at Shell Oil Products. At Sunoco, where she was CEO until March...
by Bill Scher | Mar 20, 2012 | Blog
Last week on Fox News, while chatting with Mitt Romney about President Obama's citations of increased domestic oil production, Sean Hannity retorted, "He's claiming we've never produced more oil, but that is on private land." Similarly, on ABC's This Week this Sunday,...