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News Release | Florida PIRG Education Fund | Democracy

Florida Victory For Young People

Civic groups and Florida voters won a huge victory when a federal judge indicated he will permanently remove some of the most restrictive parts of Florida’s new voter registration laws, which have made it harder for student governments and civic groups to help register young people to vote. 

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Blog Post | Financial Reform

SEC mostly ignores us, proposal weakens investor protections | Ed Mierzwinski

Yesterday, the Securities and Exchange Commission (SEC) issued a proposed rule implementing the controversial JOBS Act that fails to protect small investors from a likely onslaught of sales pitches online and on the phone -- including from private equity and hedge funds. Positively, it's only a proposed rule, at least nominally subject to amendment, not an interim final rule.

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Media Hit | Higher Ed

Wall Street Journal: Prepaid Cards Go to School

For some students, a prepaid card offered through a college may be the fastest way to receive student-loan funds, says Rich Williams, higher education advocate with the U.S. Public Interest Research Group. But the cards can carry fees that eat into your balance, says Mr. Williams, including ones for buying or reloading the card and withdrawing money from ATMs.

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Blog Post | Consumer Protection

FTC recovers over $500 million from "get rich" and "lose weight in 3 minute abs workout" scammers | Ed Mierzwinski

The FTC today announced a $25 million settlement with the marketers of the Ab Circle Pro, an exercise machine that promises you can lose weight and get ripped abs in "just 3 minutes a day;" meanwhile, a federal judge has also approved a $478 million settlement in the FTC's case against a "get rich quick" infomercial king. A good day for consumers.

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Blog Post | Financial Reform

More credit card banks quit evil ways | Ed Mierzwinski

In July, the CFPB slammed Capital One for tricking consumers into buying over-priced, under-performing credit monitoring and debt-cancellation subscription products. More good news: the Wall Street Journal is reporting that Bank of America has stopped selling debt cancellation products and that Citibank is in some sort of timeout.

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News Release | U.S. PIRG Education Fund | Democracy

Release of New Report: Auctioning Democracy

This Wednesday, February 8, Demos and U.S. PIRG are holding a press call to release a new and comprehensive analysis of Federal Election Commission data on Super PACs, from their advent in 2010 through the end of 2011. This new report, “Auctioning Democracy: The Rise of Super PACs and the 2012 Election,” details FEC data findings, lays out actionable recommendations for all levels of government, and provides vivid new infographics (for use with attribution) that illustrate the damage dealt by Super PACs.

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News Release | U.S. PIRG | Transportation

House Proposal Threatens to Defund Public Transportation

Statement of U.S. PIRG Tax and Budget Associate Dan Smith on the House Ways and Means Committee title (H.R. 3864) of the surface transportation bill to fund all federal investment in transportation over the next five years.

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News Release | U.S. PIRG | Budget, Transportation

House Transportation Bill a Step Backwards, Lacks Serious Funding Mechanism

 

Statement of U.S. PIRG Tax and Budget Associate Dan Smith on the House transportation reauthorization bill introduced today.

 

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Reuters: Bank Transfer Day saw 600,000 switch

Bank of America (BofA) Gets Hit By $5 Debit Card Fee, Consumers Move Their Money From Big Banks. Read the story. Then, get more info at U.S. PIRG's Bank Fee Tips. Check out our April 2011 report Big Banks, Bigger Fees for more details.

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News Release | U.S. PIRG | Democracy

U.S.PIRG urges Senate to ban insider trading

In his State of the Union address, President Obama asked congress to help him clean up the government by sending him a bill that bans the practice of insider trading based on congressional knowledge. Today, U.S. PIRG and other reform groups sent a letter to members of the U.S. Senate urging them to pass the Stop Trading on Congressional Knowledge act when it comes to the floor next week.

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Blog Post | Budget

Problems With Privatized Law Enforcement's New Frontier | Phineas Baxandall

One in five Americans lives in a jurisdiction that outsources traffic ticketing this way, according to a newly released report from the U.S. Public Interest Research Group, titled "Caution: Red Light Cameras Ahead; The Risks of Privatizing Traffic Law Enforcement and How to Protect the Public." And a report released by the Justice Department suggests this trend may accelerate under the twin pressures of budget pressure and intense lobbying.

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Blog Post | Higher Ed

Student Loan Defaults Skyrocket, Double in Past 6 Years | Rich Williams

On September 12th, the US Department of Education released the official FY 2009 cohort default rates on student loans. The number of students who defaulted within two years of entering repayment increased to 8.8%, up from 4.5% in FY 2003 and 7% in FY 2008.

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Blog Post | Transportation

Private High-Speed Rail: A Dangerous Fantasy | Phineas Baxandall

The politics of high-speed rail can be bizarre. Few people actually oppose connecting our cities with fast intercity trains. Most of the industrialized world has already shown that the idea is popular and works well. The politicians that do the most to prevent high-speed rail generally claim to be fans of bullet trains who just want the task to be left to the private sector.

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Blog Post | Safe Energy

Maine Approves Historic Law To Reduce Oil Use (Really!) | Phineas Baxandall

The politics of Maine's leadership has shifted dramatically in the past few years. The new Tea Party Governor and Republican-dominated legislature have made waves rolling back energy-efficiency rules, making it easier for insurance companies to raise premiums, and making it harder to register to vote. But just in time for Independence Day, Maine has passed legislation putting the state at the cutting-edge for reducing America's unhealthy dependence on oil. This important tool can reduce global-warming pollution and encourage more efficient alternatives to driving.

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Blog Post | Transportation

Needed: Sane Rule About the Privatization of Infrastructure | Phineas Baxandall

You'd think the only reason American infrastructure lacks funding was rules preventing private businesses from throwing money at it. Last week Congress introduced a couple of bills to solve this imaginary problem and one that would set some ground rules to protect the public.

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