Congress to make oil companies hiding payments to foreign countries LEGAL
 

Yep! The day Exxons Tillerson is sworn in Republicans in congress are working to make it LEGAL for Exxon to hide payments to Russia! Imagine that :disgust

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Tillerson argued that forcing U.S. oil firms to reveal corporate secrets?such as paying foreign governments?would put them at a competitive disadvantage. He also explained that the provision would make it especially difficult for Exxon to do business in Russia, where, as he did not need to explain, the government takes a rather active interest in the oil industry. But Lugar believed greater transparency could help alleviate the ?resource curse? of corruption that plagues so many mineral-rich countries, so he told Tillerson they would have to agree to disagree. Section 1504 stayed in the bill, the bill became law, and the disclosure requirement became an international example: France, Canada and the United Kingdom all went on to use it as a model for similar rules.

Today, seven years later, Republicans confirmed Tillerson as President Trump?s Secretary of State, despite allegations that he?s too cozy with Russia. At the same time, the GOP is preparing to try to kill the disclosure rule created under Section 1504, despite warnings from international aid groups that the move would provide a wink-and-nod blessing to hidden corporate payments to petro-thugs. The House is expected to act this afternoon, and since the move relies on a special mechanism for reversing rules enacted late in a presidential term, Senate Republicans will need a mere majority rather than a filibuster-proof 60 votes to follow suit.

Rex Tillerson Tried to Get This Rule Killed. Now Congress Is About To Do It For Him - POLITICO Magazine

Amazing all the great things Republicans are doing for "the people". AMAZING!!!

I'm sure Robbie, Baddog, Vendillza are so proud!! They gonna lowa ma taxez any minute now... Right?!?

American business needs to be more competitive in foreign bribery. :upsidedow:upsidedow:error

Thanks Drumpf.

Congress officially works for Exxon now :1orglaugh

Imagine Trump & Tillerson funneling government money through Exxon to pay Russia , let's say through subsidies? :1orglaugh:1orglaugh

The trump train is at full speed. I'll tell you what though, truthers and whistle blower documentaries are about to get people rich again. Hasn't been this ripe since Bush JR's first term. If you happen to suck at this adult shit shit, you're welcome.

Congress has always been on the side of big business and billionaires. And the lambs keep voting for the people shafting them.

can you guys please refrain from posting about the real problems? we need to focus on the mexicans and muslims :mad::mad::mad::mad:

And the Aussies - you forgot the Aussies...definitely the real problem :mad::mad:

The Dodd-Frank Wall Street reforms were enacted by DEMOCRATS in the 111th congress 2010 where we had a minority in House & Senate and were created to stop corruption.

When Democrats are in office that's what we do. Republicans come in with majority and make corruption legal. Big difference there Paul.

yes, there are so many ....

http://i.dailymail.co.uk/i/pix/2016/...6937831139.jpg

http://is5.mzstatic.com/image/thumb/...1200x630bf.jpg

:upsidedow

No doubt this thread is fake news. Bladewire is attracted to liberal fake news like a moth to the light bulb.

:1orglaugh

:1orglaugh:1orglaugh:thumbsup

Hi dumb lib. Bill clinton signed nafta, & mass incarcerated blacks in the 90s. Black lives matter said so, dummy!

But im sure it was newts fault. Bladewire go to the nytimes, they will give you a lie to pass around why bill clinton is not to blame for racist crack sentences.

Dumb lib. :1orglaugh

^^ Redhat crackhead TRIGGERED!

The half trillion dollar deal between Exxon and Rosneft will be going through once those pesky sanctions are lifted. It's the reason Donald Trump is president.

Everyone needs to get their heads out of their asses and pay attention.