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The Saker
A bird's eye view of the vineyard

offsite link Moveable Feast Cafe 2019/10/15 ? Open Thread Tue Oct 15, 2019 05:00 | Herb Swanson
2019/10/15 04:00:02Welcome 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 Kurds face stark options after US pullback Mon Oct 14, 2019 20:11 | amarynth
By Pepe Escobar : Posted with Permission Forget an independent Kurdistan: They may have to do a deal with Damascus on sharing their area with Sunni Arab refugees In the

offsite link Behind Hong Kong?s black terror Mon Oct 14, 2019 12:12 | amarynth
By Pepe Escobar – Hong Kong : Posted with permission Deciphering who?s behind the violence leads to a long list of possibilities ?If we burn, you burn with us.? ?Self-destruct

offsite link Washington abandons its Kurdish proxies as Ankara and Damascus step in Sun Oct 13, 2019 21:38 | The Saker
By Aram Mirzaei Even though I have my doubts over whether Washington will actually withdraw from Syria fully, it seems as if their Kurdish proxies in northern Syria have been

offsite link The Terrorists Among US10| The IO Echo Chamber Scott Shane Joel Harding Sun Oct 13, 2019 21:35 | The Saker
by George Eliason for The Saker Blog At the beginning of October, I was contacted by the New York Times, @ScottShane for an interview about US President Donald Trump. The

The Saker >>

Human Rights in Ireland
A Blog About Human Rights

offsite link US Holds China To Account For Human Rights Violations Sun Oct 13, 2019 19:12 | Human Rights

offsite link UN Human Rights Council Should Address Human Rights Crisis in Cambodia Sat Aug 31, 2019 13:41 | Human Rights

offsite link Fijian women still face Human Rights violations Mon Aug 26, 2019 18:49 | Human Rights

offsite link Saudi Human Rights Violation Fri Aug 09, 2019 20:41 | Human Rights

offsite link China?s LGBT Community Mon Apr 15, 2019 19:19 | Human Rights

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link Communities Against Low Pay Campaign 15:24 Mon Oct 14, 2019 | WorldbyStorm

offsite link A predictable negative response?. 10:51 Mon Oct 14, 2019 | WorldbyStorm

offsite link If voting could change things? 09:25 Mon Oct 14, 2019 | WorldbyStorm

offsite link Left Archive: Revolution in Italy, Irish Socialist Network, 2000s 07:46 Mon Oct 14, 2019 | irishonlineleftarchive

offsite link Ulick O?Connor 18:35 Sun Oct 13, 2019 | WorldbyStorm

Cedar Lounge >>

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

offsite link Some Thoughts on the Brexit Joint Report 11:50 Sat Dec 09, 2017

offsite link IRISH COMMONWEALTH: TRADE UNIONS AND CIVIL SOCIETY IN THE 21ST CENTURY 14:06 Sat Nov 18, 2017

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

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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