Reports

Who's Watching The Watchdogs?

Conflicts of interest and lack of independent funding have doomed both the national and state level accounting oversight systems in the United States. The state accounting boards and the network of overlapping, mostly self-regulatory federal accounting overseers act as classic regulators, serving management instead of serving investors and taxpayers.

Deflate Your Rate

At the end of the year 2000, U.S. households were accruing interest on $574 billion of revolving credit card debt, or debt carried over to the next month rather than paid off entirely.

Report | Solid Waste

Where There's Smoking, There's Fire

Across the nation, over 1,000 people are killed and 3,000 injured as a result of cigarette fires each year. These fires cause more than $400 million in property damage. In Massachusetts alone in 2000, 1,280 fires were attributed to cigarettes. Those fires killed 17 people, injured 81 civilians, and wounded 61 firefighters in the line of duty. Insurers and property owners lost over $9.3 million due to the same blazes. Despite igniting 5% of the 24,931 reported fires in 2000, cigarette fires killed 17 civilians, or 22% of all civilian fires deaths

Report | Budget

Major League Steal

The Red Sox are proposing to construct a 44,130 seat stadium on 15 acres of land adjacent to the present Fenway Park. The Owners of the Red Sox are poised to seek a minimum of $250 million in state and local taxpayer subsidies for the $600 million plus project.

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Defend the CFPB

Tell your senators to oppose the “Financial CHOICE Act,” which would gut Wall Street reforms and destroy the Consumer Financial Protection Bureau as we know it.

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