BP Hires Dick Cheney's Former Campaign Press Secretary

Former Vice President Dick CheneyBP, now officially responsible for the worst oil spill disaster in U.S. history, has hired former Vice President Dick Cheney's campaign press secretary, Anne Womack-Kolton, to head its American public relations efforts. Womack is a former employee of the PR firm APCO Worldwide, perhaps best known for its work on behalf of the tobacco industry. In 1995, Philip Morris hired APCO to orchestrate a massive national "tort reform" movement, and in 1993, PM hired APCO to organize the front group The Advancement of Sound Science Coalition to attack the U.S. Environmental Protection Agency after it rated secondhand smoke a Group A Human Carcinogen, the same rating the agency gives asbestos and radon gas. Womack also served as a White House spokesperson, defending Bush's White House Office Of Faith-Based Initiatives. In announcing Womack-Kolton's hiring, BP only mentioned that she had been director of public affairs for the Department of Energy (DOE) under George W. Bush, but a DOE press release boasts about her links to Cheney.

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The Final Fight: No More Gambling with Taxpayer Money

casino moneyEven though the bank reform bill working its way through Congress is far from perfect, there are some strong provisions well worth fighting for as the bill moves to a House-Senate conference committee.

Two recent articles illustrate the pros and cons of this behemoth bill. New York Times reporter Gretchen Morgenson, does a great job reminding us that the original Glass-Steagall legislation was only 34 pages long and it was key to keeping our financial system stable for 60 years. She points out that the two bills that the Senate and the House have now passed are a whopping 3,000 pages combined:

Yet despite all that verbiage, there are flaws in both bills that would let Wall Street continue devising financial black boxes that have the potential to go nuclear. And even if the best of both bills becomes law, investors, taxpayers and the economy will remain vulnerable to banking crises.

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