Archive for the ‘Trade’ Category

A meager $293? That’s the average weekly unemployment check collected by the 15 million Americans looking for work right now. Or $293 million? That’s what outside groups funded primarily by corporations and the very wealthy spent on the 2010 elections.

$75 billion? That’s the windfall coming to people who are already rich if the Bush tax cuts are extended. $145 billion? That’s the record amount Wall Street is paying in bonuses this year.

Trillions? In the wake of the financial crisis, that’s what We, the People provided in bailouts, loans and other supports to save Big Business from its own greed and irresponsibility.

At Public Citizen, our mission is to counteract the policies that cause numbers like these. We can defeat corporate power. But we need your help.

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Corporations just elected their dream Congress. It’s going to take all of us doing everything we can, together, to prevent Congress from rolling back our health and safety protections and showering gifts on their corporate patrons—and to win new public interest initiatives.

Public Citizen will be leading the fight against corporate power in the new Congress, a Congress that will be less critical of corporate America’s agenda than any we’ve ever seen.

The critical first step is making sure we can hit the ground running when Congress returns to Washington in January. That’s why I’m writing now to ask for your help to raise $150,000 by the end of 2010.

Your contribution of $10, $20, $35 or whatever you can afford will be put to work immediately building on our important achievements in 2010 and growing our movement against runaway corporate power.

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Robert Weissman is president of Public Citizen.

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Are you a reporter writing about a local factory closing? Are you writing about trade as an election issue, jobs, the economy or the trade deficit but don’t know where to get good information or how to localize it? Look no further.

Public Citizen’s Global Trade Watch today launched its Trade Data Center, a new and exciting tool for researching and illustrating the impacts of trade policy on local communities. It’s free and contains previously unavailable information packaged in an easy-to-understand, customizable and user-friendly format.

“Whether you are a seasoned trade hand or just beginning to look into globalization, or whether you are for or against fair trade, the Trade Data Center will have something for you,” said Travis McArthur, trade and finance researcher for Public Citizen’s Global Trade Watch and lead Trade Data Center creator. “We hope that this will serve as a resource for journalists, policymakers, researchers, students – anyone with an interest in the impact of trade policy. It really is your one-stop-shop, and we’ll be updating it frequently with new features.”

The Trade Data Center is available at http://www.citizen.org/TradeDataCenter.

Cross-posted at Eyes on Trade.

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Flickr photo by voyageAnatolia.blogspot.com

A daily look at news from the Washington Post, New York Times and Wall Street Journal that caught our eye:

  • Panel wants BP fines to pay for Gulf restoration (NYT)
  • Spill panel presses BP on response plan (WP)
  • Initial spill estimates criticized by oil panel (WSJ)
  • Modesty is out as lawyers vie for spots in BP litigation (WSJ)
  • Energy fund largely passed oil-spill test (WSJ)
Campaign Finance
  • ‘Super PACs’ alter campaign (WP)
Health and Safety
  • Seat-belt use rising, saving lives, studies show (WP)
  • Whooping cough makes a comeback (WP)
  • Simple steps can limit risk of cancer (WP)
  • New data for the mammogram debate (WP)
  • Health insurers finally get some oversight (WSJ opinion)
  • Glaxo aims to snuff out ‘dissolvable’ tobacco items (WSJ)
  • Cancer-targeting drug shows promise in study (WSJ)
Financial Reform
  • Treasury working on AIG exit strategy (WP)
  • FDIC delays on ‘next Lehman’ issue (WSJ)
  • Brazil warns of global trade war (WSJ)

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Former president of Botswana Festus Mogae. Flickr photo by World Trade Organization.

A daily look at news from the Washington Post, New York Times and Wall Street Journal that caught our eye:

  • In the form of a study, a salvo from the left questions Obama’s trade goals (NYT)
Energy and Environment
  • New ruling on claims for spill damage (WP)
  • Ocean energy director outlines the task ahead (WP)
  • U-Turn on Global Warming? Hardly (WSJ)
  • A first step in health-care suit (WP)
  • Diet Drugs Face FDA Scrutiny (WSJ)
  • Herbal Supplements Get New Scrutiny (WSJ)
  • Despite ethics cloud, Rangel easily wins primary (WP)
Financial Reform
  • Bank regulators once bamboozled, now emboldened (WP)
  • Consumer bureau conundrum (WP)
  • How a Street Watchdog Got its Bite (WSJ)
  • Bill to Aid Small Businesses Advances in Senate (WSJ)
  • The Case for an Infrastructure Bank (WSJ)
  • New Bank Rules Good for Everything Except Bankers’ Bonuses (WSJ)

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A daily look at news from the Washington Post, New York Times and Wall Street Journal that caught our eye:


  • Many wary as consolidated BP suit advances (WSJ)
  • Pipeline break drives oil over $76 (WSJ)
  • Power investing (WSJ)
  • Catching the breeze at your door (WSJ)
  • Water surge (WSJ)
  • Turning away from coal (WSJ)
  • Not just a lot of hot air (WSJ)
  • The wind gap (WSJ)
  • Rays for rent (WSJ)
  • Diesel picks up speed (WSJ)
  • China making inroads on emissions (WP)

Banking rules:

  • Regulators meeting in Switzerland agree on new global rules to strengthen banks (WP)
  • Regulators Back New Bank Rules to Avert Crises (NYT)
  • Banks get new restraints (WSJ)
  • Tough Bank Rules Coming (WSJ)

Health/drug safety:

  • Counterfeit Drug Count Is Tough to Swallow (WSJ)
  • Sebelius has a list (WSJ opinion)

Money in politics:

  • A G.O.P. Leader Tightly Bound to Lobbyists (NYT)
  • Chamber of Commerce Accused of Tax Fraud (NYT)


  • Democrats use trade anxiety as campaign tool (WSJ)

Workplace safety:

  • Rig Workers Had Chance to Prevent Explosion (WSJ)
  • BP internal investigation report leaves some things unsaid (WP)

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Flickr photo by Jon Betts.

A daily look at news from the Washington Post, New York Times and Wall Street Journal that caught our eye:

Energy and Environment
  • EPA to study chemicals used to tap natural gas (NYT)
  • Solar’s shining White House moment (WP)
  • Reducing government’s carbon footprint (WP)
  • BP lawyers reviewed report on rig accident (WSJ)
  • EPA seeks gas-drilling facts (WSJ)
  • Cheniere wins nod to export U.S. liquefied natural gas (WSJ)
  • Hyundai develops fully electric car (WSJ)
  • US trade deficit narrowed in July as exports rose (NYT)
  • U.S. steelworkers target China (WP)
  • Steelworkers blast China on subsidies (WSJ)
  • Brain-age scans seen as potential gauge of child development (WP)
  • U.S. rebukes health insurers (WSJ)
Financial Reform
  • Obama vs. Wall Street: Call a truce (WP)
  • SEC hones in on Lehman, ‘Funds of Funds’ (WSJ)
  • Agency examines oversight roles, possible conflict of advisory firms (WSJ)
Campaign Finance Reform and Ethics
  • Gray wants federal probe of alleged vote-buying (WP)
  • Fair courts at risk (NYT)

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A daily look at news from the Washington Post, New York Times and Wall Street Journal that caught our eye:

Climate and environment:

  • Lenders step away from environmental risks (NYT)
  • Report: Climate science panel needs change at top (WP)
  • Climate panel faces heat (WSJ)
  • Judge rejects Cuccinelli’s probe of U.Va. (WP)
  • Linking academic, private, public ideas on energy (WP)
  • Dark clouds boost natural gas (WSJ)
  • An unlikely general in climate-change war (WSJ)

Health and safety:

  • Companies race to develop drugs to reduce blood-clotting problems (NYT)
  • ‘Dear Dr.: I plan to sue you for malpractice’ (WP)
  • Will virtual medicine soon go viral? (WP)
  • Separating your Zantac from your Zyrtec (WP)
  • Be skeptical of health-care credit cards (WP)
  • Using implanted telescope, people with macular degeneration regain some sight (WP)
  • Coming soon: Theaters, airplanes to post calories (WSJ)
  • The jewelry prescription (WSJ)
  • Researchers beaming at light’s medical uses (WSJ)
  • Salmonella is no danger to vaccines (WSJ)

Congressional ethics and money in politics:

  • House travel stipends probed (WSJ)
  • Campaign cash: Who’s spending the most on the midterms (WP)


  • Obama poised to loosen rules on export of technology (WP)

Financial Reform:

  • TARP and the continuing problem of toxic assets (WSJ opinion)

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A daily look at news from the Washington Post, New York Times and Wall Street Journal that caught our eye:

Energy and Environment
  • Renewed Battle Against Nuclear Energy (WP)
  • Risk-Taking Rises to New Levels As Oil Rigs in Gulf Drill Deeper (NYT)
  • With Neighbors Unaware Toxic Spill at a BP Plant (NYT)
  • Mr. Feinberg and the Gulf Settlement (NYT)
  • Oil Strategies Emerge at Oil Hearings (WSJ)
  • Drilling Rules Shake-Up Puts New Regulator in Spotlight (WSJ)
  • The Fuel Boys of Summer: Crude Oil and Natural Gas (WSJ)
Internet Privacy
Financial Reform
  • Street May Accelerate Bonus Pay (WSJ)
  • J&J Chief Tends Corporate Wounds (WSJ)
Government Accountability
  • Report Details Loss of Millions of Bush Administration Emails (WP)
  • Plavix Rival Gains From Studies (WSJ)
  • Sanofi Unveils Genzyme ‘Bear Hug’ (WSJ)
  • Cash-Poor Governments Ditching Public Hospitals (WSJ)
  • First Tests for Stem Cell Therapy are Near (WP)

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From Eyes on Trade: Click here to watch Lori Wallach, director of Public Citizen’s Global Trade Watch, on the PBS show Ideas in Action. She discusses President Obama’s National Export Initiative.

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Lori Wallach, director of Public Citizen’s Global Trade Watch division, talks about the trade talks that are beginning today in Australia. For a detailed look at what is at stake, visit www.EyesOnTrade.org, Public Citizen’s globalization blog.

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