In this episode, we look at a bill that furthers the "new normal" in Africa, a bill that sanctions Venezuela, a banking bill, a charter school bill, some silly bills that won't become law, and a few Presidential declarations.
Presidential Declarations H. Doc. 113-107: Withdrew Russia as a beneficiary country under the Generalized System of Preferences program Russia loses duty-free treatment. On what?
H. Doc. 113-108: Continued National Emergency in Syria H. Doc 113-109: Proposed agreement for nuclear energy with Vietnam
Bills That Passed the House
HR 4386: State Supervision of Banks * Allows state examinations of banks if the state examines the banks for compliance with federal rules.
Became Law on August 8th without any recorded votes.
H.R. 3080: Water Project Funding This was the bill that privatized water projects that was the subject of episode CD050: Privatize Water Projects.
[caption id="attachment_1556" align="aligncenter" width="300"] Escape from privatized flood control projects in style![/caption]
HR 2548: Economic Hitmen to Africa Act of 2014 Passed 297-117 on May 8, 2014
The President needs to establish the policy and funding strategy which includes efforts "to attract private sector investment and public sector resources".
Introduced by Rep. Ed Royce, who represents the hot and dusty parts of Orange County, California. S. 2508, an almost identical bill, was introduced in the Senate in June by a Democrat. The White House has not issued a veto threat.
H.R. 4578: Sanction Venezuela Act No Recorded Vote - Passed Unanimously After the former President of Venezuela, Hugo Chavez, died in 2013, his hand-picked Vice President, Nicholas Maduro, became President. President Maduro continued the policies of Hugo Chavez which are not liked by the multi-national corporations. For example, he recently cracked down on electronics and car dealers for price gauging, making good on an announcement from late last year during which he said he wants limits on business' profit margins. President Nicholas Maduro is not a free-market kind of leader. Since February, there have been protests in the wealthier areas of Venezuela. This is where things get murky. The protests were started by students who were apparently protesting the high crime rate, inflation, and inability to get certain products. People against President Maduro quickly joined. President Maduro has accused the United States of stirring up the protests to attempt what he called a "slow-motion" coup, like the recent successful coup in Ukraine. It's worth remembering that the U.S. was proven to have attempted a coup in Venezuela as recently as 2002. Either way, President Maduro's government has responded with arrests of protestors and expelled three U.S. diplomats from Venezuela whom President Maduro said were responsible recruiting students to lead the protests. H.R. 4578 says that in response to the government's response to the protests - including the intimidation of journalists by the government - the U.S. government will take the following actions:
There is currently a hold on the Venezuelan sanctions in the Senate because Senator Mary Landrieu - who has taken at least $1.4 million from the oil & gas industry - put a hold on the bill after Citgo - the wholly owned U.S. subsidiary of Venezuela's national oil company - raised concerns that the sanctions would make it harder for the company to import their Venezuelan oil.
H.R. 10: Another Charter School Bill Charter School Defined A public school that is exempt from State and local rules about the management of public schools. The schools can not be religious or charge tuition.
The vast majority of both Democrats and Republicans voted for it. This bill was authored by Rep. John Kline of Minnesota. He's Chairman of the Education Committee and his #1 campaign contributor for this upcoming election is Apollo Education Group, a multi-billion dollar corporation that makes its money in for-profit education.
H.R. 3584: Privately Insured Credit Unions Can Become Members of Federal Home Loan Banks Federal Home Loan Banks * Are privately owned cooperatives; they're owned by the member banks * They provide money to local banks * There are twelve of them around the country * Most locals banks are members of at least one Federal Home Loan Bank * They get their money from the global credit market.
What Would H.R. 3584 Do? * Allows privately insured credit unions to become members of Federal Home Loan Banks if they are FDIC eligible or are certified by the State. * If the State doesn't get to it in under 6 months, the application is deemed approved.
This bill was sponsored by Rep. Steve Stivers of Ohio. His top two contributing industries are Insurance and Commercial Banks.
H.R. 4225: Jail for Advertisers Bill * Makes advertising the services of prostitutes who are under 18 or are forced into prostitution punishable by ten years in prison.
Only nineteen representatives voted against this bill and it now moves into the Senate. Authored by Rep. Ann Wagner of Missouri. [caption id="" align="aligncenter" width="300"] Will I get ten years in prison for posting this image?[/caption]
H.R. 2527: Therapy for Veteran Sexual Assaults * Allows veterans who were sexually assaulted during training to get therapy to deal with the assault included as part of their veterans' health benefit package.
Passed without a recorded vote.
H.R. 4438: Permanent Business Tax Credits * Expands and permanently extends the tax credits businesses receive for research and development expenses. * Exempts these tax cuts from being counted by the PAYGO budget scorecard.
The bill was written by Rep. Kevin Brady of Texas. The President said he would veto the bill because the tax credits are not paid for.
Music Presented in This Episode Intro and Exit Music: Tired of Being Lied To by David Ippolito (found on Music Alley by mevio) Let Their Heads Roll by Jack Erdie (found on Music Alley by mevio)