On Wednesday, Attorney General Eric H. Holder Jr. suggested that the Financial Fraud Enforcement Task Force, which Mr. Obama createdto examine any type of financial fraud, might examine the reports of foreclosure fraud.
The president’s decision against signing the measure was his first veto intended to kill a bill; he has pocket-vetoed a measure once before, but only because it was duplicative of other legislation....
It would seem as though major lending institutions are taking at least as seriously as the President and his Cabinet. I don't know why Republicans won't it? After all the wealthy seem to believe it is prudent to review and investigate the problems affiliated with this mess.
Banking And Lending Law (click here)
Certainly the US Chamber of Commerce believes the investment banks are in error. Then again they oppose some of the most hideous provisions. The problem with 'institutions' of the Plutocracy is that they have too much money to throw around. They should be held responsible for 'government costs' when they are proven to be simply obstructing law rather than having sincere reasons for litigation. There should be some kind of penalty for 'frivolous' legal proceedings like this.
Contact: 888-249-NEWS
Rule Imposes Unjustified Costs, Empowering Special Interest Shareholders and Disrupting Fragile Economic Recovery
WASHINGTON, D.C.—The U.S. Chamber of Commerce and Business Roundtable today filed a legal challenge to the Securities and Exchange Commission’s (SEC) final rules requiring a corporation to include in its proxy materials director nominees put forward by a shareholder (or group of shareholders) who have owned three percent or more of company stock for at least three years. Eugene Scalia and Amy Goodman of Gibson, Dunn, and Crutcher LLP will be counsel to the Chamber and Business Roundtable on this litigation...
Release Date: Sep 14, 2010
Contact: 888-249-NEWS
‘In this economy, there is little defense for supporting oppressive regulations on small businesses,’ Says Josten
WASHINGTON, D.C.—U.S. Chamber of Commerce Executive Vice President for Government Affairs, R. Bruce Josten, issued the following statement today on the Senate’s failure to pass Senator Johanns’ amendment to repeal the burdensome 1099 reporting requirement included in the health care law:
“Today the Senate obstructed a measure that would’ve prevented an avalanche of new paperwork for small business owners. Their refusal to recognize that small businesses will now be forced to spend precious time and resources reporting to the federal government rather than producing, growing, and creating jobs for Americans demonstrates a fundamental misunderstanding about the challenges facing this economy. In this economy, there is little defense for supporting oppressive regulations on small businesses that will hamper their ability to put people back to work.”
The Chamber led 2,434 businesses, chambers, and associations from all 50 states in sending a letter to the Senate highlighting the business community’s commitment to repealing the 1099 reporting mandate included in the health care law. Tomorrow dozens of Chamber small business members will come to Washington to let their Members of Congress know that this provision must be repealed.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.
Well, Murdoch is just being a good Boy Scout I suppose.
You believe this one? The US Chamber of Commerce is too lazy to send out 1099 forms. How is the government suppose to know what is being transacted for tax purposes if there is no reporting? Boy Scouts Honor? Dig the words OPPRESSIVE REGULATION !!!!!!!!!!!!!!!!!
If I have my way, Small Businesses, SINCERELY SMALL BUSINESSES will be the bulk of the GDP in the USA. They can purchase electronic bookkeeping systems for very little monies that can automatically print the forms to be mailed with little to no cost except for the paper and the postage.
GET OVER IT ! Small businesses are going to dominate the USA and they will be important in reporting income to the treasury. Honestly. Where do these institutions get these ideas from? According to the US Chamber of Commerce every Small Business is TOO POOR AND TOO OPPRESSED AND TOO BURDENED to process paperwork properly. Well, then I guess the US Chamber of Commerce isn't doing a good job if Small Business Owners are empowered to pay the USA Treasury. Give me a break. They are such bastards.
Release Date: Sep 14, 2010
Contact: 888-249-NEWS
‘In this economy, there is little defense for supporting oppressive regulations on small businesses,’ Says Josten
WASHINGTON, D.C.—U.S. Chamber of Commerce Executive Vice President for Government Affairs, R. Bruce Josten, issued the following statement today on the Senate’s failure to pass Senator Johanns’ amendment to repeal the burdensome 1099 reporting requirement included in the health care law:
“Today the Senate obstructed a measure that would’ve prevented an avalanche of new paperwork for small business owners. Their refusal to recognize that small businesses will now be forced to spend precious time and resources reporting to the federal government rather than producing, growing, and creating jobs for Americans demonstrates a fundamental misunderstanding about the challenges facing this economy. In this economy, there is little defense for supporting oppressive regulations on small businesses that will hamper their ability to put people back to work.”
The Chamber led 2,434 businesses, chambers, and associations from all 50 states in sending a letter to the Senate highlighting the business community’s commitment to repealing the 1099 reporting mandate included in the health care law. Tomorrow dozens of Chamber small business members will come to Washington to let their Members of Congress know that this provision must be repealed.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.
Well, Murdoch is just being a good Boy Scout I suppose.
Murdoch: 'Just being a good member' of U.S. Chamber (click here)
Speaking of News Corp., Keach Hagey buttonholed Rupert Murdoch this evening and asked him about his company's contributions to the RGA and to the Chamber of Commerce:“It doesn’t reflect on Fox News,” he said. “It had nothing to do with Fox News. The RGA [gift] was actually [a result of] my friendship with John Kasich.”
...This gift, together with another $1 million News Corp. gift to the GOP-friendly U.S. Chamber of Commerce, has given Fox’s critics their strongest ammunition to date for arguing that the channel is not an objective observer, as it claims, but a player in the political process.
Because of this, some have speculated that News Corp. never intended the gifts to become public.
Murdoch told POLITICO that this was half right.
“The RGA we did,” expect to become public, he said. “We didn’t expect the other one.”
...“We are members of the Chamber of Commerce, and I just thought I was being a good member,” Murdoch said.
