Posted on 01/18/2013 10:15:53 AM PST by listenhillary
The Obama administration is attempting to bypass Congress and force publicly-traded companies to reveal their political donations through regulation.
The Securities and Exchange Commission’s Division of Corporate Finance has begun the steps necessary to create a regulation that would in many ways mirror the DISCLOSE Act — a bill Senate Democrats have failed to pass through Congress.
Created in reaction to the 2010 Citizens United Supreme Court ruling that said corporations and unions could not have limits placed on their political expenditures, the Senate bill would require political organizations to publicly name their donors and the amounts they give.
The SEC regulation would do the reverse — force companies to disclose the political groups they support — and have a similar effect.
(Excerpt) Read more at dailycaller.com ...
Isn’t that what Valerie Jarrett said would happen if BO won? Revenge on everyone that opposed them. Sounds like Chavez.
Valerie Jarrett link?
This gives him a two for one:
1) A list of those who give to him so they get rewards vs. those who don’t give to The Won so they get fines.
2) When companies realize what they’re up against, they’ll stop giving to his opponents.
Team Obama would destroy.most private businesses if they could. This crap had better be challenged in court.
I read it on The Ulsterman Report, I think before or really close to the election. Seems like Drudge had a link to it also, but I may be wrong about that one. Would have to research.
Conservatives need to remember that the Imperial Presidency cuts both ways. We really need to return the Executive Branch back to its Constitutional limits. It must stop legislating and that means reigning in all agency rule making. Let it all be approved by Congress.
I fear it’s too late.
Jarrett quote? It was second hand from a most reliable source reported by a blogger. Hillbuzz? I don’t remember, but it wasn’t recorded.
“It is pure revenge.”
“So, too, will be what’s coming to them in return.“
“It is pure revenge.”
“So, too, will be what’s coming to them in return.“
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