You Don’t Matter—GOP House Votes for Monsanto’s Right to Deceive

DARK-ActToday, 275 members of the U.S. House of Representatives voted in favor of H.R. 1599, the DARK (Deny Americans the Right to Know) Act. By voting for the DARK Act, these politicians (including  all of Nevada’s GOP Representatives—Amodei, Hardy and Heck) voted AGAINST truth and transparency, AGAINST science, AGAINST your right to know, and AGAINST the more than century-old right of states to legislate on matters relating to food safety and labeling. If this bill passes the Senate and is signed into law, it will nullify laws in states like Maine, Connecticut and Vermont where currently, GMO products are required to be labeled as such.

They voted against the 90-percent of Americans who are in favor of mandatory labeling of GMOs. They voted against the producers of non-GMO foods. The voted against States’ Rights.  They voted against you.

Whatever your views on GMOs, there is no Constitutional justification for the federal government to preempt state laws in this area. There certainly is no justification for Congress to preempt private sector efforts to meet consumer demands for non-GMO foods, while allowing those who support the use of GMOs to do so.

H.R. 1599 was sold to Congress via multi-million dollar public relations and lobbying campaigns built on lies and deception. Rumored to have been written by Monsanto themselves, the bill’s sole purpose is to support one industry—Monsanto’s poison-peddling industry—that was founded on lies and deception from the get-go. Monsanto—that same corporation who sold Agent Orange to our government as “safe” to use on our nation’s soldiers.

According to the bill’s sponsor, Rep. Mike Pompeo, the DARK Act gives consumers what they want: the means to know whether or not their food contains GMOs: “Consumers can choose to presume that all foods have GMO contents unless they are labeled or otherwise presented as non-GMO.  Meaning that it is knowable and it is known by the public which products have GMO and which don’t.”

Government regulation should NOT be an iffy, maybe they will, maybe the won’t kind of thing.  But, the DARK Act turns regulation upside down.  It would create a VOLUNTARY, government-run non-GMO certification program. Unless every producer of non-GMO products pays to have those products certified as non-GMO, consumers will still have no way of knowing which products contain GMOs, and which don’t. And why should the burden of labeling fall on the producers of non-GMO foods, when the risk factor is associated with those foods that do contain GMOs?

Did our Congress members vote against us because they were fooled by Monsanto’s slick, deceitful packaging of this so-called “Safe and Accurate Food Labeling Act”? Or did they simply vote with their wallets, stuffed full of biotech and junk food industry cash?

We don’t know. Given the Citizens United ruling, we’ll probably never know.  But we better know this: We can’t let this bill get through the U.S. Senate. We need to target Senator Heller and let him know this bill is unacceptable.

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If This is What it Means to be “Conservative” — I’m Proudly a Bleeding Heart Liberal

Clearly, members of the GOP in the House are all about looking for ways to handicap ANY organization tasked with performing regulatory actions that might impede their ideological plans for the future of the United States of Republica.  A case in point is this recent  press release from Representative Amodei’s office.  My comments are in blue italics at various points throughout his release.  Some original text has been highlight in RED for emphasis.

Amodei: Appropriations Financial Services bill reins in IRS, ACA and Dodd Frank

Wednesday June 18, 2014

FOR IMMEDIATE RELEASE                                 Contact:    Brian Baluta, 202-225-6155

WASHINGTON, D.C. – The House Financial Services and General Government Appropriations Subcommittee today passed its fiscal year 2015 bill, which would provide annual funding for the Treasury Department, the Judiciary, the Small Business Administration, the Securities and Exchange Commission and several other agencies.

The bill totals $21.3 billion in funding for these agencies, which is $566 million below the fiscal year 2014 enacted level and $2.3 billion below the president’s request for these programs.The legislation prioritizes programs critical to enforcing laws, maintaining an effective judiciary system and helping small businesses, while targeting lower-priority or poor-performing programs – such as the Internal Revenue Service – for reductions.

Well now, that makes just a ton of sense.  IRS is tasked with collecting revenue necessary for the operation of various government operations … so let’s under fund them so we can then make a scapegoat of them when they can no longer effectively perform their regulatory and tax-collecting functions.

“Every day, I am asked, ‘Why don’t you do something?’ This bill ‘does something’ by removing funding from executive agencies that have become political tools of the administration,” said Amodei.   

Bill highlights:

Internal Revenue Service (IRS)– Included in the bill is $10.95 billion for the IRS – a cut of $341 million below the fiscal year 2014 enacted level and $1.5 billion below the President’s budget request. This will bring the agency’s budget below the sequester level and below the level that was in place in fiscal year 2008. This funding level is sufficient for the IRS to perform its core duties, including taxpayer services and the proper collection of funds, but will require the agency to streamline and make better use of its budget.

Interesting! They continually carp about the IRS not providing for an EMAIL BACKUP strategy as part of their business plan. Server BACKUPs are NOT FREE!  How much more will they stop BACKING UP because they no longer have sufficient funding to do their tax collection duties, let alone ancillary functions like BACKUPS, SYSTEM UPDATES, SOFTWARE IMPROVEMENTS, etc.?

In addition, due to the inappropriate actions by the IRS in targeting groups that hold certain political beliefs, as well as its previous improper use of taxpayer funds, the bill includes the following provisions:

Here we go again, perpetuating the falsehood that ONLY right-wing political groups were scrutinized, when it was actually liberal groups that were denied with some that had already been given tax-exempt status seeing that status revoked (e.g., EmergeAmerica affiliated groups).  NO politically-focused groups should be receiving TAX-EXEMPT 501(c)(4) status, PERIOD!

A prohibition on a proposed regulation related to political activities and the tax-exempt status of 501(c)(4) organizations. The proposed regulation could jeopardize the tax-exempt status of many non-profit organizations and inhibit citizens from exercising their right to freedom of speech, simply because they may be involved in political activity.

Sorry, but I don’t get to deduct my “freedom of speech” contributions to political endeavors.  Thus, NO politically-focused organizations should be able to have a free of tax right to free speech at the American Taxpayer’s expense!

A prohibition on funds for bonuses or awards unless employee conduct and tax compliance are given consideration.

A prohibition on funds for the IRS to target groups for regulatory scrutiny based on their ideological beliefs.

Congress passed a law that clearly states that to be considered 501(c)(4) organization, your activities must be EXCLUSIVELY-FOCUSED on “Social Welfare” activities.  Politically-focused activities are NOT social-welfare activities and thus, it IS the IRS’s responsibility to scrutinize and deny tax-exempt status to ANY organization (conservative, liberal or otherwise) not meeting that exclusivity provision.

A prohibition on funds for the IRS to target individuals for exercising their First Amendment rights.

More BS related to the previous proviso — the IRS is NOT prohibiting ANYONE from exercising their free speech.  The IRS is merely and rightfully determining whether a group is a group exclusively devoted to providing SOCIAL-WELFARE opportunities/activities and thus, whether that group is entitled to TAX-EXEMPT status!

A prohibition on funding for the production of inappropriate videos and conferences.

Really?  Oh, please, pray tell, what “inappropriate videos” might it be that the IRS is producing?

A prohibition on funding for the White House to order the IRS to determine the tax-exempt status of an organization.

Again, if you want to allow any organization wanting to conduct EXCLUSIVELY politically focused activities to never have to pay taxes, well then, you need to REPEAL the law that PROHIBITS them from being tax exempt!  You cannot have a LAW on the books that says one thing and then prohibit the IRS, which is responsible for administering that section of the law, from enforcing it!

A requirement for extensive reporting on IRS spending.

Affordable Care Act (ACA) –The bill also includes provisions to stop the IRS from further implementing ObamaCare, including a prohibition on any transfers of funding from the Department of Health and Human Services to the IRS for ObamaCare uses, and a prohibition on funding for the IRS to implement an individual insurance mandate on the American people.

Well, let’s see.  We elected President Obama and a Democratic Congress to get health care reform. Then, the Republican propaganda machine bought a Republican House.  Despite their efforts to gerry-rig the system, we still re-elected President Obama. Health care reform is one of the hardest things we’ve ever worked on. But no matter, they just keep trying to either LIE ABOUT REPEAL or DEFUND access to healthcare for the American People despite its need or popularity.

Securities and Exchange Commission (SEC)– Included in the bill is $1.4 billion for the Securities and Exchange Commission (SEC), which is $50 million above the fiscal year 2014 enacted level and $300 million below the President’s budget request. The increase in funds is targeted specifically toward critical information technology initiatives. The legislation also includes a prohibition on the SEC spending any money out of its “reserve fund” – essentially a slush fund for the SEC to use without any congressional oversight.

In addition, the legislation contains requirements for the Administration to report to Congress on the cost and regulatory burdens of the Dodd-Frank Act, and a prohibition on funding to require political donation information in SEC filings.

My my, lookie here — looks like an increase in funding.  But wait, isn’t this the organization that’s supposed to regulate Wall Street?  It’s a shame that the increase in funding is just for a bit of information technology so they can determine how their GOP-Donor base is affected by any sort of regulation.  It’s also despicable that they’ve included a proviso that PROHIBITS any reporting of information as to Corporate political donations.  If you and I donate, our freedom of speech is broadcast for all to see … but the Republican Donor-base has a special privileged secreted freedom of speech.  Apparently the Republicans believe their Donors are free to speak with their Dollars, but the general American public is underserving of being able to speak with their dollars in response.

Consumer Financial Protection Bureau (CFPB)– The bill includes a provision to change the funding source for the CFPB from the Federal Reserve to the congressional appropriations process, starting in fiscal year 2016. Currently, funding for this agency is provided by mandatory spending and is not subject to annual congressional review. This change will allow for increased accountability and transparency of the agency’s activities and use of tax dollars. The legislation also requires extensive reporting on CFPB activities.

The Republicans have done EVERYTHING conceivably possible to handicap, repeal, defund and decapitate the Consumer Financial Protection Bureau (CFPB).  This is yet their latest attempt to defund and cripple any and all Consumer financial protection at the behest of their Donor-base.

It’s Time for Voters to Take Out the Senatorial Trash

— by Vickie Rock, Humboldt Dems Secretary and proud Navy Veteran

Today, S1982 came up for a vote in the Senate. S1982 is the Comprehensive Veterans Health and Benefits and Military Retirement Pay Restoration Act of 2014.  S1982 amends federal veterans provisions, revising or adding provisions concerning medical services and other benefits provided to veterans and/or their dependents through the Department of Veterans Affairs (VA) in the following areas:

  • survivor and dependent matters, including benefits for children of certain veterans born with spina bifida;
  • education matters, including the approval of courses for purposes of the All-Volunteer Force and the Post-9/11 Educational Assistance programs;
  • the expansion and extension of certain health care benefits, including immunizations, chiropractic care, treatment for traumatic brain injury, and wellness promotion;
  • health care administration, including extension of the Department of Veterans Affairs Health Professional Scholarship Program, and
  • complementary and alternative medicine;
  • mental health care, including an education program and peer support program for family members and caregivers of veterans with mental health disorders;
  • dental care eligibility and expansion, including a program of education to promote dental health in veterans;
  • health care related to sexual trauma, including appropriate counseling and treatment and a screening mechanism to detect incidents of domestic abuse;
  • reproductive treatment and services, including fertility counseling as well as adoption assistance for severely wounded veterans;
  • major medical facility leases;
  • veterans’ employment training and related services;
  • veterans’ employment, including within the federal government and as first responders;
  • career transition services;
  • employment and reemployment rights of members of the Armed Forces after active duty service;
  • small business matters, including contracting and subcontracting participation goals with federal departments and agencies;
  • administrative matters, including regional support centers for Veterans Integrated Service Networks;
  • the revision of claims based on military sexual trauma as well as claims for dependency and indemnity compensation;
  • jurisdictional matters, including with respect to the Board of Veterans’ Appeals and the Court of Appeals for Veterans Claims;
  • the revision of certain rights under the Servicemembers Civil Relief Act, including protections with respect to the expiration of professional licenses, a prohibition on the denial of credit or the termination of residential leases due to military service, and the temporary protection of surviving spouses under mortgage foreclosures; and
  • outreach and miscellaneous matters, including: (1) repeal of the provision of the Bipartisan Budget Act of 2013 that reduces the cost-of-living adjustment to the retirement pay of members of the Armed Forces under age 62, and (2) the accounting for discretionary accounts designated for overseas contingency operations/global war on terrorism.

When the bill came up for a vote, we witnessed pure unadulterated partisanship run amok as 41 reprehensible members of the REPUBLIBAN displayed their disdain, not support, for our troops and voted against passage of S1982:

Alexander (R-TN) . Ayotte (R-NH) . Barrasso (R-WY) . Blunt (R-MO) . Boozman (R-AR) . Burr (R-NC) . Chambliss (R-GA) . Coats (R-IN) . Coburn (R-OK) . Cochran (R-MS) . Collins (R-ME) . Corker (R-TN) . Cornyn (R-TX) . Crapo (R-ID) . Cruz (R-TX) . Enzi (R-WY) . Fischer (R-NE) . Flake (R-AZ) . Graham (R-SC) . Grassley (R-IA) . Hatch (R-UT) . Hoeven (R-ND) . Inhofe (R-OK) . Isakson (R-GA) . Johanns (R-NE) . Johnson (R-WI) . Kirk (R-IL) . Lee (R-UT) . McCain (R-AZ) . McConnell (R-KY) . Paul (R-KY) . Portman (R-OH) . Risch (R-ID) . Roberts (R-KS) . Rubio (R-FL) . Scott (R-SC) . Sessions (R-AL) . Shelby (R-AL) . Thune (R-SD) . Toomey (R-PA) . Vitter (R-LA)

It’s one thing to shut down our Government because they don’t want to pay the bills that they authorized and that they had already incurred.  It’s another thing entirely when they send our children to unwarranted wars and then refuse to provide necessary funding to support healthcare for the injuries of war incurred, PTSD, sexual trauma, traumatic brain injuries, et.al.  Our troops should never be thrown out with the trash like these GOP Tartufes did today.  This is an election year.  It’s time for voters across this nation to take out the Senatorial trash.

Are We Returning to a Path of Owing Our Souls to the Company Store?

The Center for American Progress recently completed two related reports that are read-worthy:

Cash for Homes: Policy Implications of an Investor-Led Housing Recovery

Across the country, investors have been taking advantage of the nation’s foreclosure crisis to purchase homes at bargain prices, often beating out potential homeowners who have been a bit hesitant to purchase, frequently choosing to sideline themselves. In July 2013, cash-on-hand investors bought about 55 percent of the homes sold in Las Vegas and numerous properties in other major metropolitan areas such as Miami, Phoenix, and Prince George’s County, Maryland, a suburb of Washington, D.C.

Investors can play a key role in a housing recovery. By absorbing excess inventory, they establish a floor for home prices and jump-start appreciation. Responsible investors can also offer quality, affordable rental opportunities to families who may be locked out of home ownership due to foreclosure or lost wealth from the recession.

But while they can support communities, irresponsible investors can also destroy them by allowing properties to sit empty, declining to bring rental properties up to code, and neglecting tenants’ needs in instances where the home is occupied. Additionally, investors that buy large quantities of properties in a single area can cause prices to overheat and increase market volatility. Conversely, if institutional investors following a set business plan sell numerous properties in the same time frame, prices in those neighborhoods could decline again.

Read this full PDF report here

When Wall Street Buys Main Street
The Implications of Single-Family Rental Bonds for Tenants and Housing Markets

In October 2013, an institutional investor created the first triple-A-rated, mortgage-backed security supported by revenue from single-family rental properties, a development that may offer even lower-cost financing to institutional buyers than has been available thus far through bank credit lines. A mortgage-backed security is created by pooling assets together and then selling interests in that pool to investors, who then receive regular payments from the asset pool. This process provides access to a much larger pool of investors than would otherwise be feasible, increasing liquidity and generally providing a less expensive source of funding than traditional borrowing from banks or private investors.

In this instance, a subsidiary of the private equity firm Blackstone took out a $479.1 million loan from Deutsche Bank that was secured by a pool of more than 3,000 single-family rental homes. The loan was then turned into a security that was purchased by investors, who now receive monthly rental cash payments from the homes. If the loan is not repaid, the trustee—the legal representative of the bondholders—has the right to seize the homes.

The emergence of a new form of mortgage-backed securities tied to single-family rentals is certain to have an impact on the housing market, communities, and tenants. Analysts predict that the funding of single-family rental acquisitions through securitization will likely become a dominant model quickly; American Homes 4 Rent and Colony American Homes, two new single-family rental firms, are reportedly preparing to launch single-family rental bonds in the coming months. The market for this new asset class is expected to top $70 billion per year by 2016, on par with the bond financing for apartment buildings, casinos, and commercial real estate for this year. While institutional investors only represent a fraction of those in the housing market—mid-sized companies and small mom-and-pop investors who own less than 10 properties are currently far more prevalent in most markets—securitization may begin to shift this balance.

Depending on the success of this new asset class, investor appetite for these types of bonds may boost the size and scope of this relatively new and untested industry to a level that may not be sustainable, either because the industry does not have the capacity to manage thousands of new homes or because a significant increase in purchases inflates home prices.

Read the full PDF Report here.


This material above was created by the Center for American Progress Action Fund. It was created for the Progress Report, the daily e-mail publication of the Center for American Progress Action Fund. Click here to subscribe.

Don’t Tax My Credit Union

Apparently, #MoveYourMoney is hurting the bottomline of the big banks and they’re starting to pull the strings on the Congressmen they bought in this last election.  This 30-second spot focuses on the credit union mission, how credit unions are rooted in their communities and why credit unions are tax-exempt — and must stay that way. Don’t Tax My Credit Union!