Corporate Accountability

ALEC Prepares Switch to 'Social Welfare' Group as IRS Investigation Shines Light in Dark Corners

ALEC Prepares Switch to 'Social Welfare' Group as IRS Investigation Shines Light in Dark Corners
Facing an Internal Revenue Service inquiry on tax fraud charges, the American Legislative Exchange Council (ALEC) is effectively acknowledging that its status as a charity may be a cover for its real work as a multi-million dollar lobby for some of the nation’s largest and richest corporations. Cue up the back-up plan: a "social welfare" organization able to engage in unlimited lobbying. The only reason this hasn't happened yet is because donors would not be able to deduct their contributions on federal tax forms.
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Insecure Commission: SEC Dumps Proposal Requiring Companies to Disclose Political Spending

Insecure Commission: SEC Dumps Proposal Requiring Companies to Disclose Political Spending
Since 2011, more than 640,000 Americans have written to the Securities and Exchange Commission, which regulates the stock market and publicly-owned corporations, to support a proposal that it require companies to report their political spending to stockholders and the public. The commission responded last week by unceremoniously dumping the proposed rule from its 2014 agenda.
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Over 50 Tar Sands Blockade Supporters March in Defiance of Police


The fight against the Keystone XL pipeline isn’t going anywhere.
This morning, in defiance of police and TransCanada’s lawsuits, over 50 people marched onto the easement to resupply the tree blockade with fresh food and water.
Follow tarsandsblockade.org for updates.
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An Open Letter in Support of the Keystone XL Pipeline Blockade

Dear Friends,
As we write, our friends with the Tar Sands Blockade are blocking construction of TransCanada’s Keystone XL pipeline in the woods of Texas. For the past six months they have built a movement of climate activists, rural landowners, Texans, Oklahomans and people from all over the country to fiercely resist it. For two weeks, they have captured the imagination of the world with a daring tree-sit and bold ground actions near Winnsboro, TX that have delayed TransCanada’s operations.
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Maybe Wall Street Will Listen to a Tiger

The President of Indonesia and top leaders of major Indonesian corporations were greeted by a colorful group of rainforest activists this week as they visited Wall Street to secure billions of dollars in US investment in some of the most environmentally and socially destructive industries in Indonesia.
Supporters of Rainforest Action Network joined with members of Rainforest Relief and Global Justice for Animals and Ecology to greet the CEOs and CFOs from Indonesia’s biggest banks—e.g. Mandiri Bank, Bank Republic of Indonesia, Bank Central Asia—as well as executives from palm oil (big ag), coal, oil and gas, steel, telecommunications and pulp and paper companies as they hobnobbed with US institutional investors trying to make deals.
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Senate Vote on DISCLOSE Act Could Cast Light on Donors Hidden Since Citizens United

Today, the Senate will hold a cloture vote on the DISCLOSE Act- 60 Senators must vote to proceed or the bill will die on the floor. The bill, requires that any organization spending $10,000 or more on elections disclose their donors who gave $10,000 or more. Sen. Sheldon Whitehouse (D-R.I.), the bill’s sponsor, warns that “the flood of secret money unleashed by the Supreme Court’s Citizens United decision threatens to drown out the voices of middle class families in our democracy.”
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