Citizen Agenda: An Update For Members Of CoPIRG
CoPIRG.ORG HOW YOU CAN HELP MEMBERSHIP

Health Care & Prescription Drugs

New Law A Step Toward Safer Drugs
/uploads/HI/Ma/HIMa4TIeEu-DjwHiB0RsAA/7149-16.JPG
SAFER PRESCRIPTION DRUGS—Paul Brown (left), our chief advocate on the FDA reform bill, meets with Rep. Frank Pallone (N.J.), a lead co-sponsor of the bill. The bill was signed into law in September.

New CoPIRG-backed legislation signed by the president in September should make the drugs we put in our medicine cabinets safer.

CoPIRG urged our state’s congressional delegation to stand behind provisions that would require greater transparency in clinical trials of new drugs, greater independence on FDA drug safety panels, and greater accountability for drug companies that fail to perform required safety studies—including fines of up to $10 million.

According to Paul Brown, our lead advocate on the issue, controversies surrounding the harmful side effects of drugs such as Vioxx, Paxil and Avandia left members of Congress more open to our push for reform.

“In the end,” Brown said, “there were too many headlines about dangerous drugs. Congress had to act and we’re pleased they did.”

The bill’s near-unanimous final approval belied the intense debate that surrounded some of its key provisions. We made it a priority to require drug companies to disclose clinical trial results—a step vehemently opposed by drug industry lobbyists.

Together with other members of U.S. PIRG, our national federation, we spearheaded the Patients and Consumers Coalition, which included groups ranging from the Union of Concerned Scientists to the Breast Cancer Fund. We made the case for mandatory posting of clinical trials in our meetings with key congressional leaders, including Reps. John Dingell (Mich.), Frank Pallone (N.J.), Henry Waxman (Calif.), and Ed Markey (Mass.); and Sens. Ted Kennedy (Mass.), Jack Reed (R.I.), Dick Durbin (Ill.), and Barbara Mikulski (Md.), who ultimately championed the provision.

 

Financial Privacy & Security

Fighting Back Against Predatory Mortgage Loans

Colorado, like much of the rest of the nation, is in the midst of a home mortgage crisis. More than 19,000 foreclosures have been filed in the seven-county Denver area in the first nine months of 2007, putting the region on pace to far-exceed last year’s record 19,425 foreclosures.

Last year, CoPIRG worked to pass legislation to address predatory mortgage lending. Several provisions that target unconscionable mortgage practices, such as real estate flipping scams or making loans that a borrower will not be able to repay, will go into effect at the start of 2008. 

However, many Colorado statutes contain less-detailed language, and there are a few areas that are not currently regulated by law. Common unregulated practices include equity stripping, an often-fraudulent practice in which a homeowner is “rescued” from foreclosure by signing away their home equity, and steering, the practice of leading homebuyers with troubled credit toward high-interest loans.

This year, CoPIRG advocates will continue to fight predatory lending practices by making our laws more protective of current and prospective homeowners.

 

CoPIRG
Citizen Agenda
Winter 2008
Vol. 23, No. 3


MEMBER Action
Sign up here to receive CoPIRG action alerts.