Submitted by Anne Landman on
California's biggest utility, the Pacific Gas and Electric Company (PG&E) has two starkly different faces: the one it shows Californians, and the one people see nationally. On the national scene, PG&E has appeared to be a strong advocate for renewable energy, and backs climate change legislation in Washington, D.C.
Submitted by Anne Landman on
Citizens for Responsibility and Ethics in Washington (CREW) has asked the Department of Health and Human Services to investigate two people appointed to serve on the Tobacco Products Scientific Advisory Committee, which evaluates tobacco product-related safety and health issues and provides advice, information and recommendations to the Commissioner of the
When the Senate bank reform legislation passed in May, Senate Majority Leader Harry Reid (D-Nevada) said it sent the message to Wall Street that they can no longer "recklessly gamble away other people's money." The bill told Main Street, "you no longer have to fear that your savings, your retirement or your home are at the mercy of greedy gamblers in big banks. And it says to them, 'never again will you be asked to bail out those big banks when they lose their risky bets,' " according to Reid.
Reid was correct. The bill the Senate passed did protect the taxpayers from reckless gambling by the big banks, largely due to the last-minute inclusion of strong derivatives reforms authored by Senator Blanche Lincoln (D-Arkansas). So why is it that Senate and House leadership are now busy behind these scenes trying to kill the best provisions in their own banking reform legislation?
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