Archive | Tag: Chamber of Commerce

Blog Post

The charitable interpretation of Kenneth Feinberg’s keynote speech Wednesday for the Chamber of Commerce Institute for Legal Reform is that the BP compensations fund administrator is deaf to the implications. When Feinberg opens his mouth, he’ll be validating a powerful and viciously anti-consumer organization whose parent, the Chamber, is deeply involved in pro-corporate politics.

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Press Release

Consumer Group Calls On Pension Funds to Divest From Prop 23 Backers Tesoro, Valero

Santa Monica, CA – Consumer advocates revealed an investor slide presentation by Texas-based oil company Tesoro explaining that oil refiners keep gasoline supplies especially tight on the West Coast to keep profits high through higher pump prices. The slides were included in a letter from Consumer Watchdog to California’s large public pension funds, known as CalPERS and CalSTRS, calling on the funds to divest from Tesoro and another refiner, Valero, which are the chief sponsors of Proposition 23 on the November ballot. The Investment Committee of CalPERS is meeting in Long Beach today.

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Press Release

New York, NY — A national consumer group is running a 30 second commercial on a Times Square Superscreen that challenges Koch Industries, “the largest oil company you’ve never heard of,” for its record of environmental degradation, political influence, Tea Party funding and climate change denial.

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