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

First-of-its-kind “Refrain From Political Spending” Resolution to Be Voted on at Bank of America Shareholder Meeting Wednesday

On Wednesday, May 9, shareholders at Bank of America will vote “yea” or “nay” on a first-of-its-kind “refrain from political spending” resolution. Resolutions addressing political spending are among the most popular in the 2012 shareholder season, many dealing with disclosure of such spending. This is the first shareholder season for this groundbreaking resolution which was introduced by socially responsible investment firms Trillium Asset Management at Bank of America and 3M Corporation and by Green Century Capital Management at Target Corporation.

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Blog Post | Consumer Protection

You can pick your friends, and even your bank, but you're stuck with the reckless credit bureaus | Ed Mierzwinski

You can pick your friends and even your bank but you are stuck with the credit bureaus.  Over the last twenty years the power of the big credit bureaus to act as gatekeepers to consumer success in life has grown immensely. Credit reports and credit scores generated from them are used to decide whether consumers can get a job, get car insurance, qualify to open a bank account, rent an apartment, use a debit card and, of course, whether they can obtain and how much they will pay for credit. The Columbus (OH) Dispatch has an excellent four-part series explaining that the credit bureaus make mistakes, lots of them, and ruin peoples' lives. There is hope, however, since the new Consumer Financial Protection Bureau has new tools to rein in the bureaus.

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Blog Post | Consumer Protection

Consumer Reports magazine issues Facebook privacy tips | Ed Mierzwinski

The cover story of the June 2012 Consumer Reports is all about protecting your privacy on Facebook. Worth a read.

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Blog Post | Public Health

Solution to Antibiotic Use in Animals- H.R. 965, Preservation of Antibiotics for Medical Treatment Act of 2011 | Nasima Hossain

The research points to an increasing body of evidence that overuse of antibiotics in animals is the leading cause of drug resistance bacteria. Every year 18,000 people die from the antibiotic-resistant bug MRSA, and 80 percent of all antibiotics are used on animals, not humans.

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

U.S. PIRG, Coalition Partners Break Record for Comments to the SEC

A record number of people agree: The Securities and Exchange Commission (SEC) should regulate corporate political spending.

As of today, more than 178,000 comments have flowed into the agency, thanks largely to the unique bedfellows in our Corporate Reform Coalition, which includes institutional investors managing a combined total of $800 billion in assets, as well as public officials, legal scholars, good government groups, environmental organizations and more. This is a huge milestone: We have set the all-time record for comments submitted to the SEC.

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