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-   -   President's assault on banks (https://www.askmehelpdesk.com/showthread.php?t=438097)

  • Jan 28, 2010, 04:52 PM
    speechlesstx
    Get this, Obama is going to have his SEC require companies disclose their climate change risks.

    Quote:

    A politically divided Securities and Exchange Commission voted on Wednesday to make clear when companies must provide information to investors about the business risks associated with climate change.

    The commission, in a 3 to 2 vote, decided to require that companies disclose in their public filings the impact of climate change on their businesses -- from new regulations or legislation they may face domestically or abroad to potential changes in economic trends or physical risks to a company.

    Chairman Mary L. Schapiro and the two Democrats on the commission supported the new requirements, while the two Republicans vehemently opposed them.

    "I can only conclude that the purpose of this release is to place the imprimatur of the commission on the agenda of the social and environmental policy lobby, an agenda that falls outside of our expertise and beyond our fundamental mission of investor protection," Republican commissioner Kathleen L. Casey said.
    Get ready for an even larger host of ads touting a corporation's "greenness"... and a bunch of new public disclosures highlighting the cost burden of the Dems' environmental agenda and ever expanding regulation. It is no wonder the American people are now seeing him as anti-business.
  • Jan 28, 2010, 05:51 PM
    tomder55
    Hmm let me think ;if it gets warmer I may have to run my A/C unit more. But.. I can offset that with the energy saved by not running my heating unit during the winter..

    There... full public disclosure...
  • Jan 28, 2010, 09:56 PM
    George_1950

    I have heard that, after Congress passes an internet sales tax, a tax will be levied on each step in the process of cutting, splitting, and sales of wood for wood furnaces. Ownership of wood stoves will have to be licensed, like cars and trucks, in each state. Evidence of licensure will be posted under the E-911 sign. Shezam!

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