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News Releases

  • Iraq: What’s Missing From the Hearings?

    As the Senate Foreign Relations Committee continues to hear testimony from the individuals it has selected, the following analysts are available for interviews: PHYLLIS BENNIS Bennis is a fellow at the Institute for Policy Studies and co-editor of Beyond the Storm: A Gulf Crisis Reader. Her testimony was put in the Congressional Record on Wednesday; she was not asked to testify. More Information More Information KATHY KELLY Coordinator of Voices in the Wilderness, a group which has challenged the economic sanctions against Iraq, Kelly has been to that country over a dozen times, most recently in June. She will be…

  • Interviews Available on Corporate Wrongdoing

    CHARLIE CRAY Cray is director of the Campaign for Corporate Reform for the group Citizen Works. More Information VIRGINIA RASMUSSEN Rasmussen, who works with the Program on Corporations, Law and Democracy, wrote the article “Rethinking the Corporation.” She said today: “The legislation signed by Mr. Bush today is a quickly-devised effort to send a message that the people are ‘winning,’ when, in fact, nothing of the sort has happened…. A law establishing oversight and imposing a few penalties we are told will set things right and get corporations in line, but will in fact leave the giant corporations and their…

  • Ritter and Von Sponeck on Iraq: Interviews Available

    The Senate Foreign Relations Committee is scheduled to hold hearings on U.S. policy toward Iraq beginning Wednesday. Scott Ritter and Hans von Sponeck are available for interviews: SCOTT RITTER Ritter, who was a chief UN weapons inspector in Iraq, is the author of Endgame: Solving the Iraqi Problem Once and For All. He said this afternoon: “Sen. Joe Biden is running a sham hearing. It is clear that Biden and most of the Congressional leadership have pre-ordained a conclusion that seeks to remove Saddam Hussein from power regardless of the facts, and are using these hearings to provide political cover…

  • Interviews Available on Economic Crisis

    TOM SCHLESINGER Executive director of the Financial Markets Center, Schlesinger said today: “New information about the role of large financial holding companies in the Enron debacle raises questions about the effects of the Gramm-Leach-Bliley Act (GLBA), a 1999 law that completed the repeal of the Glass-Steagall Act and permitted firms like Citigroup and JP Morgan Chase to combine banking, securities and insurance operations under one roof. The dealings between Enron and its banks also highlight another key question: Where were the regulators? This question applies most directly to the Federal Reserve, which received umbrella supervision authority over all financial holding…

  • Stock Market Slide: What Does It Mean?

    ELLEN FRANK Professor of economics at Emmanuel College in Boston and author of the forthcoming book Money Illusions, Frank said today: “For the last 10 years or so, the broad public has been encouraged, mostly because of 401(k) plans, to regard the stock market as a safe place to invest retirement funds and obtain consistently high, if occasionally volatile, returns. Small investors have been led to believe that a buy-and-hold strategy will yield a certain 7 percent return, when it almost certainly will not. Stock prices have risen faster than the economy, than sales, than corporate profits. This simply can’t…

  • Interviews Available: * Halliburton * The Fed

    JIM VALLETTE Coauthor of the report “Halliburton’s Destructive Engagement” and consultant to EarthRights International, Vallette said today: “Newsweek reported yesterday that the current CEO of Halliburton asserts that Cheney knew of the accounting practices of the company employed during Cheney’s tenure as CEO — the practices that are now under investigation by the Securities and Exchange Commission. Halliburton is also a corporate welfare king, a major beneficiary of government aid toward fossil fuel industry projects in developing countries — to the tune of at least $6 billion in government aid packages since 1992. Newsweek reports that Halliburton fell from $54.02…

  • Interviews Available on Corporate Accountability

    * Pfizer merger DAVID HIMMELSTEIN, M.D. Associate professor of medicine at Harvard Medical School and co-founder of Physicians for a National Health Program, Himmelstein said today: “The Pfizer buyout of Pharmacia announced today is the industry’s response to the reality that they have very little in the pipeline in terms of new products. Drug firms still have the highest profit margins of any industry, but that is beginning to wane. The industry has spent the last decade basically buying innovation from academia. Research has focused on what’s profitable in the short run and less and less on the necessary science…

  • Universal Healthcare, Police Brutality, Marijuana Policy

    STEFFIE WOOLHANDLER, M.D. Associate professor of medicine at Harvard Medical School and co-founder of Physicians for a National Health Program, Woolhandler is co-author of a just-released study, “Paying for National Health Insurance — And Not Getting It.” She said today: “We pay the world’s highest health-care taxes. But much of the money is squandered. The wealthy get tax breaks. And HMOs and drug companies pocket billions in profits at the taxpayers’ expense. But politicians claim we can’t afford universal coverage. Every other developed nation has national health insurance. We already pay for it, but we don’t get it…. Government expenditures…

  • U.S. Policies on AIDS: Interviews Available

    Earlier this week, protesters at the 14th International Conference on AIDS in Barcelona [see: www.aids2002.com/IE_Home.asp ] shouted “Shame! Shame! Shame!” as U.S. health secretary Tommy Thompson delivered a speech about U.S. policies regarding the global HIV/AIDS crisis. The conference continues through Friday. Available for interviews: ZACKIE ACHMAT Achmat, an anti-apartheid leader in South Africa since the 1976 Soweto uprising, is HIV-positive. He has refused to take anti-retroviral medicines until they are available to all South African HIV/AIDS patients through the public health system. In 1998, he founded the Treatment Action Campaign but was unable to travel to the Barcelona conference…

  • Bush’s Version of “Corporate Responsibility”

    CHARLIE CRAY Director of the Campaign for Corporate Reform for the group Citizen Works, Cray said today: “Although it appears there are good things in Bush’s speech, a lot of what he is ‘proposing’ is apparently inevitable considering the momentum in Congress for the Sarbanes bill. Bush could have closed the offshore tax haven loophole which allows CEOs to claim that they are not covered by the new proposals by locating overseas. He could have strengthened whistle-blower protections, he could have barred corporate criminals from getting government contracts. Bush’s SEC budget increase is much less than what is being proposed…

  • Analysts Available on Stock Downturn

    As Wall Street ends a week of plummeting stocks, economists who have warned of a massive price bubble are available for interviews: DEAN BAKER Dean Baker has written extensively about the over-valuation in the stock market the last three years, including a recent article in Dollars and Sense entitled “The New Economy: A Millennial Myth.”…

  • IMF and Debt: Analysts Available

    As thousands gather in Washington to protest the policies of the World Bank and the International Monetary Fund, the following analysts are available for interviews: DENNIS KUCINICH A member of the U.S. House of Representatives, Kucinich (D-Ohio) said today: “Unless debt relief is delinked from a requirement of countries to follow IMF economic policies, the…

  • Critics — Some Unexpected — of IMF and World Bank

    Critics of the IMF and World Bank include Jeffrey Sachs, director of the Harvard Institute for International Development and an advisor to countries around the world. Today he told “Inside Capital” that the IMF, “with the very heavy backing of the U.S. government, really tries to run countries all over the world, and they don’t…

  • World Bank: Helping the Poor?

    With protests set for Washington in the next few days, these analysts on the World Bank are available for interviews. BEVERLY BELL Director of the Center for Economic Justice, Bell said today: “Throughout the global South, World Bank policies are devastating communities, environments, livelihoods, human rights, women’s status…” KEVIN DANAHER Co-editor of the new book…

  • Elian: Some Context

    These analysts are available for interviews on context in the Elian Gonzalez case: ELENA FREYRE Executive director of the Miami office of the Cuban Committee for Democracy, Freyre said today: “The Cuban American community is not monolithic. Returning Elian is part of broader reconciliation that needs to take place between Cubans. Part of the message…

  • Why Challenge the IMF and World Bank?

    With protests planned in mid-April for Washington, D.C., when the World Bank and the International Monetary Fund meet in the nation’s capital, the following analysts are now available for interviews about those institutions: DENNIS BRUTUS Now professor emeritus of Africana Studies at the University of Pittsburgh, Brutus was a political prisoner with Nelson Mandela. A…

  • Microsoft Decision

    Federal Judge Thomas Penfield Jackson ruled on Monday evening that Microsoft has violated antitrust law. The following analysts are available for interviews beginning Tuesday: NORMAN HAWKER A law professor at Western Michigan University, Hawker said: “Judge Jackson crossed the Rubicon in the antitrust case against Microsoft.” Hawker, who has published numerous articles on antitrust law…

  • Martin Luther King — and “Globalization”

    A year to the day before his assassination on April 4, 1968, Martin Luther King Jr. gave a landmark speech in which he denounced the Vietnam War — and challenged global economic relations. Now, 32 years later, hundreds of organizations are preparing to protest the policies of the World Bank and the International Monetary Fund…

  • Trustees’ Report Shows Social Security Rock Solid

    The following analysts are available for interviews about the just-released Trustees’ report on Social Security and Medicare: MARK WEISBROT Co-author of Social Security: The Phony Crisis and co-director of the Center for Economic and Policy Research, Weisbrot said today: “Social Security is financially rock solid — something that one would never know from listening to…

  • Police Brutality

    New occurrences of misconduct by police officers are in the national news. The following critics of abuses are available for interviews: RON DANIELS Daniels is executive director of the Center for Constitutional Rights and author of the essay “The Crisis of Police Brutality and Misconduct in America: The Causes and the Cure” in the forthcoming…

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