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Tag Archive: oversight

Jun 18 2013

A rotten bacon behemoth: If a Chinese company’s bid to acquire Smithfield goes through, consumers and farmers will suffer.

American consumers may not even notice the change if a newly proposed takeover by China’s largest meat processor of our nation’s leading pork company goes through. But the $4.7 billion transaction would certainly show up on our plates: in the form of farmer exploitation, more factory farms, and a more complicated supply chain that increases …

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Jun 18 2012

Making the world safer for the next Bernie Madoff

Lawmakers are pushing a bill that would hand the oversight of investment advisers to an organization with an inherent conflict of interest. By Joe Newman Sometimes, members of Congress follow harebrained logic. If the consequences weren’t so serious, it would be hilarious. Consider a House bill co-sponsored by Reps. Spencer Bachus (R-AL) and Carolyn McCarthy …

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