john mccain

Sen. John McCain

VA To Refer Some Vets To CVS MinuteClinics For Care

Veterans Administration, the VA and CVS have partnered for a test program that will have the pharmacy chain’s MinuteClinic urgent care centers treating some veterans for minor injuries and ailments. [More]

(Mark Griffith)

Sen. Elizabeth Warren Introduces ’21st Century Glass-Steagall Act’ To Rein In Too-Big-To-Fail Banks

In response to the stock market crash of 1929, the Banking Act of 1933, also known as the Glass-Steagall Act, put up a wall between commercial banking and investment firms. That wall stood for more than 60 years until it was torn down by the 1999 Gramm-Leach-Bilely Act, which allowed commercial banks to reap huge profits, but also resulted in financial institutions that were so large that, had they failed, they would bring down the entire economy with them. So when those banks began to crumble following the collapse of the housing bubble, we taxpayers were left with little option but to bail them out while our federally insured deposits were put at risk. Thus, Senator Elizabeth Warren from Massachusetts has introduced legislation that would reenact the regulations that were stripped away 14 years ago. [More]

Sympathy For The Devil; Oil’s Makeover

Sympathy For The Devil; Oil’s Makeover

As of late, the oil industry finds itself suffering an image malfunction. Petrol makers have hired Blue Worldwide, the advertising wing of PR giant Edelman. Another one of Edelman’s clients is Wal-Mart. But is that enough? McCain attacked major oil companies last week over reckless profiteering: “Outside of satanic cults, these people have the worst P.R. of anybody in the world.”