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The Saker
A bird's eye view of the vineyard

offsite link How Russia Implements the Minsk 2 Agreement, by Scott Humor Mon Feb 20, 2017 05:03 | Scott
A few years ago, I was having coffee with my then-business partner. He happened to be in the middle of a process called “enrolling your child in a private school.”

offsite link Moveable Feast Cafe 2017/02/19 ? Open Thread Sun Feb 19, 2017 23:00 | Herb Swanson
2017/02/19 23:00:03Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

offsite link Trump dreams vs Trump reality ? hopes still permitted! Sun Feb 19, 2017 05:09 | The Saker
This article was written for the Unz Review: http://www.unz.com/tsaker/trump-dream... For a lot of Trump supporters the past week has been a painful one. Whether we chose to react with abject

offsite link Iran and Hezbollah respond to Donald Trump Sat Feb 18, 2017 21:59 | The Saker
by Sayed Hasan Since his election campaign, Donald Trump has not hidden his fierce hostility to the international deal on Iran’s nuclear program, calling it the worst of the agreements

offsite link Disappointment in Trump, or hysteria over nothing Sat Feb 18, 2017 21:27 | The Saker
please make sure to press the ‘cc’ button on the bottom right to see the English subtitles

The Saker >>

Human Rights in Ireland
www.humanrights.ie

offsite link Reflections on the Citizen?s Assembly (3): The Presentation of Dr. Joan McCarthy Tue Feb 14, 2017 14:01 | Fiona de Londras

offsite link Reflections on the Citizens Assembly (2): The Presentation of Bobbie Farsides Tue Feb 07, 2017 05:44 | GuestPost

offsite link Languishing in Direct Provision: Rights in ?Reasonable? and ?Unreasonable? Times Mon Feb 06, 2017 18:10 | Liam Thornton

offsite link The Story of King Tex: A Modern Allegory Fri Feb 03, 2017 06:20 | GuestPost

offsite link A boon for parliament? An initial response to the decision in Kerins v McGuinness Wed Feb 01, 2017 17:15 | Eoin Daly

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link Left Archive: RSYM Position on Recent Developments (IRSP) ? c.2009 02:21 Mon Feb 20, 2017 | leftarchivist

offsite link The Fine Gael leadership race? Who much cares? 13:00 Sun Feb 19, 2017 | WorldbyStorm

offsite link Sunday Independent Stupid Statement of the Week: DIY 09:22 Sun Feb 19, 2017 | Garibaldy

offsite link And of course ? another weekend poll 00:09 Sun Feb 19, 2017 | WorldbyStorm

offsite link Watching the Good Wife, the question is how do US workers unionise? How do any workers anywhere? 14:13 Sat Feb 18, 2017 | WorldbyStorm

Cedar Lounge >>

Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link Notes for a Book on Money and the Irish State - The Marshall Aid Program 15:10 Sat Apr 02, 2016

offsite link The Financial Crisis:What Have We Learnt? 19:58 Sat Aug 29, 2015

offsite link Money in 35,000 Words or Less 21:34 Sat Aug 22, 2015

offsite link THE WRATH OF KANE: BANKING CRISES AND POLITICAL POWER 09:32 Fri Jan 30, 2015

offsite link ALWAYS THE ARTISTS: WEEK THREE OF THE BANK INQUIRY 23:11 Thu Jan 22, 2015

Dublin Opinion >>

Trump Voids Dodd-Frank 1504 Transparency Rule

category international | elections / politics | press release author Wednesday February 15, 2017 14:42author by Greg Williams Report this post to the editors

President Trump signed into law Congressional action to void requirements that the oil, gas and mining industries report financial activity in countries where they operate.

President Trump signed into law Congressional action to void requirements that the oil, gas and mining industries report financial activity in countries where they operate. The bipartisan 1504 "Cardin-Lugar amendment" to the 2010 Dodd-Frank Wall Street Reform Act instructed the Securities and Exchange Commission to create this disclosure rule.

"In the short term, we lost a tool that can help track the billions of dollars lost to corruption and tax evasion in the developing world,” noted Eric LeCompte, Executive Director of Jubilee USA, a religious development organization. “Resource rich countries are particularly vulnerable to the kind of corruption that the Cardin-Lugar amendment threatened to expose.” 

The House of Representatives and Senate passed this resolution in a quick series of votes in early February under the Congressional Review Act. The Securities and Exchange Commission, which initially wrote the rule, now has a legislative mandate to write a new rule. According to the Congressional resolution, the new rule cannot be 'substantially similar' to the old one.

"Now we need to be sure that the new rule that the Securities and Exchange Commission writes will be a rule that can still stop corruption,” commented LeCompte, who serves on United Nation expert groups that focus on finance. ‎"Improving financial transparency and ending global poverty are two sides of the same coin.”

Jubilee USA Network is an alliance of more than 75 US organizations and 650 faith communities working with 50 Jubilee global partners. Jubilee USA builds an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA wins critical global financial reforms and won more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

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