Senate votes to repeal transparency rule for oil companies - Polidicks

[IMG]http://thehill.com/sites/default/files/styles/article_full/public/blogs/mcconnellmitch_091316gn.jpg?itok=89p4wmdK[/IMG] [I]Pictured: Mitch "It's okay if the GOP does it" McConnell[/I] [Quote] The Senate voted strictly along party lines Friday morning to repeal a regulation requiring disclosures for the payments that energy companies make to foreign governments. The measure passed 52-47 in a pre-dawn vote. The Securities and Exchange Commission’s (SEC) foreign payments rule was mandated by a key provision of the 2010 Dodd-Frank financial reform bill and was meant to reduce corruption in resource-rich countries by detailing the royalties and other payments that oil, natural gas, coal and mineral companies make to governments. But the rule, made final last year, fell victim to a push by congressional Republicans to erase large portions of former President Obama’s legacy by repealing major regulations through the Congressional Review Act. The move followed a late Thursday vote against the Interior Department’s stream protection rule for coal mining. The House voted Wednesday to repeal the SEC transparency rule, so the Senate’s action sends the measure to President Trump’s desk. The White House said Wednesday that Trump would sign the resolution and other measures to overturn Obama-era rules. The SEC rule, the White House said, would “impose unreasonable compliance costs on American energy companies that are not justified by quantifiable benefits,” and could put United States companies at a disadvantage to their foreign competitors. The vote on the SEC rule is a major win for oil producers and other companies in extractive industries. [/Quote] [URL="http://thehill.com/policy/energy-environment/317700-senate-votes-to-repeal-transparency-rule-for-oil-companies"]The Hill[/URL]

Fuckheads.

Ok what the fuck is with the guy behind Mitch. Open your eyes man.

Investors should be concerned. They'll want to know what executives are doing with their money.

Fuck you.

:dig:

"why should we have redundant rules?" because they obviously needed to be told twice

As the Republicans continue to do shit like this and the lasting reprcicausions come out along with global warming effects, it will hit a boiling point for people. Nothing lasts forever

[QUOTE=The Rifleman;51771307]As the Republicans continue to do shit like this and the lasting reprcicausions come out along with global warming effects, it will hit a boiling point for people. Nothing lasts forever[/QUOTE] The average republican voter doesn't care though and once florida is flooded it will be too late anyway.

[QUOTE=mdeceiver79;51771323]The average republican voter doesn't care though and once florida is flooded it will be too late anyway.[/QUOTE] You reap what you sow. That's why I'm getting the fuck off this rock with Elon and SpaceX Co.

[QUOTE=The Rifleman;51771331]You reap what you sow. That's why I'm getting the fuck off this rock with Elon and SpaceX Co.[/QUOTE] No you are not sorry.

[QUOTE=The Rifleman;51771331]You reap what you sow. That's why I'm getting the fuck off this rock with Elon and SpaceX Co.[/QUOTE] Hope you've got a stellar resume then.

[QUOTE=_Axel;51771351]Hope you've got a stellar resume then.[/QUOTE] If he doesn't he can beat the captain to death and become humanities first space pirate. It's an opportunity you'd be foolish to pass up.

[QUOTE=_Axel;51771351]Hope you've got a stellar resume then.[/QUOTE] I have a theoretical degree in astrophysics ill be fine

Drain the swamp and leave a sinkhole behind! Soon there won't be a single regulation left to deal with big oil and coal, and then we're really going to face the music.

[QUOTE=The Rifleman;51771372]I have a theoretical degree in astrophysics ill be fine[/QUOTE] a theoretical degree in astrophysics or a degree in theoretical astrophysics? I have no degree so when the world gets real bad I'm go hijack Phillip Greens super yacht and travel the world building my harem and raiding super freighters.

[QUOTE=Zonesylvania;51771374]Drain the swamp and leave a sinkhole behind! Soon there won't be a single regulation left to deal with big oil and coal, and then we're really going to face the music.[/QUOTE] To think, the ones who got rid of the regulations won't be alive to have front-row seats for the concert.

[QUOTE=ChrisR;51771424]To think, the ones who got rid of the regulations won't be alive to have front-row seats for the concert.[/QUOTE] To be fair, if they're dead there's nothing stopping whoever inherited the mess to go super tough on big oil and coal once their GOP funded honeymoon is over.

[QUOTE=Zonesylvania;51771428]To be fair, if they're dead there's nothing stopping whoever inherited the mess to go super tough on big oil and coal once their GOP funded honeymoon is over.[/QUOTE] That movie is called Bribed Politicians 2 : electric boogloo If they can bribe 1 generation they can bribe the next.

[QUOTE=mdeceiver79;51771439]That movie is called Bribed Politicians 2 : electric boogloo If they can bribe 1 generation they can bribe the next.[/QUOTE] I suppose that will give the next generation people to hang. The French revolution occurred after a period of famine due to a temporarily cooler climate. The people responsible for this who will be alive when the direst consequences of global warming hit better hang on to their heads, cause their neck won't be there long enough to keep it in place.

[QUOTE=mdeceiver79;51771380]a theoretical degree in astrophysics or a degree in theoretical astrophysics? [/QUOTE] thatsthejoke.jpg

[QUOTE=The Rifleman;51771307]As the Republicans continue to do shit like this and the lasting reprcicausions come out along with global warming effects, it will hit a boiling point for people. Nothing lasts forever[/QUOTE] of course by the time global warming starts boiling people these guys will all have kicked the bucket

[QUOTE=Period;51771596]thatsthejoke.jpg[/QUOTE] Don't shame me for my social ineptitude friend

everyone should switch to solar power and battery power cars then there would be no need oil and coal power stations and the price of oil and coal would be worthless

Christ, it's like they just cannot suck corporate dick fast enough. It hasn't even been a month and we're already facing the prospect of losing the EPA and they've already started gutting regulations vital for both the continued safety of the environment and the economy I can't wait for the Republican party to fuck us all again for the hundredth time and then retreat into screaming about how it was actually the Democrat's fault all along