Fixing A Hole Where The Money Was Drained

In 2008, faulty lending practices across America built a house of cards that collapsed. A recession followed. The Great Recession. Its waves have impacted the global economy, and are still substantially taxing our own. The national debt has skyrocketed out of control, forcing Congress to act. By 2010, they instituted a new family of legislation known as the Dodd-Frank Wall Street Reform and Consumer Protection Act. Described as one of the most sweeping reforms in United States Financial regulation since those put into place in the wake of the Great Depression, the Dodd-Frank act was written by a gentleman previously working in capacity as Assistant Director for the SEC. Jordan A. Thomas is his name, and today he leads a legal team at Labaton Sucharow. Labaton Sucharow was the very first SEC Whistleblower attorney practice, opening soon after Congress’s 2010 enactment of Dodd-Frank. Since the team is led by the man most responsible for the legislation, it offers exceptionally effective representation that can serve to most fully protect and incentivize clients.

Dodd-Frank allots for those who deem to inform an incentive between ten and thirty percent of the recovered monetary sanctions that may result from setting the record straight on underhanded business practices. Often there are a multitude of asset families in such cases, and the more sanctions can be recovered by the whistleblower, the greater their incentive cut becomes. Going through Labaton Sucharow offers an additional protection: anonymity.

It isn’t really possible to anonymously blow the whistle without some form of legal protection. In order for the government to get enough resources together that some form of sanctions may be recovered, they’re going to need specific information whistleblowers often must provide. Usually one anonymous tip won’t do the trick. With legal representation, the legal team can cover the court angle, and the information angle (to a large extent), allowing whistleblowers to retain their anonymity. This is very important because no amount of legal representation can preserve a human relationship. It can enforce anything it likes, but it’s coming against something harder than human behavior: human will.

The rough waters of recession may be calming, but without adroit, direct attention, they never will. That’s where the analogy breaks down, really. A snowball down a mountain becomes more apt at this point. Help be part of the force that curtails this increasing problem, and know you’ll be compensated and protected for doing so.

Florida Trying to Block Gays from Adopting

HB 7111, sponsored by Rep. Jason Brodeur, R-Sanford has passed the Florida House Judiciary Committee. This would essentially block children who are up to adoption to be adopted by gay or lesbian couples.

As this law can be viewed as unconstitutional according to WikInvest, it seems there are other ramifications involved. “It’s not that the conservatives hate the gay community” said Reverend Jeff Sanderford. “This is just an example of the kind of effect it brings to our legal system when taboo moralities are considered legal”. “Anytime the law makes it legal to go against the natural process of raising children that has been the practice for our society since it’s inception, then it brings taboo allowances that are not good for our culture and we must protect children from unorthodox and risky family relationships to ensure emotional stability the best we can.” We also talked about the idea to making a law to demand businesses have same sex bathrooms. “This is the example of taboo law that this brings, for a man’s 15 year old daughter to use the restroom with a 30 year old man whom she doesn’t know or trust is unethical in our society due to the number of registered sex offenders in the U.S.” Sanderford said. “It opens the doors for further issues to fester within our culture.” Those who oppose the bill are saying it tramples on their rights and violates they’re constitution. When presented with this, Reverend Sanderford commented, “I don’t think anyone can be ignorant enough to believe that the founding father has the gay and lesbian communities in mind when they wrote the constitution. I have never seen it mentioned and I’m sure if it was the issue then as it is today, we would have seen more laws like HB 7111 from the get go. I hope Texas follows in support.”

Medical Marijuana Dispensary Gets A $25,000 Refund From The IRS

Allgreens Medical Marijuana Dispensary Filed A Petition In U.S. Tax Court To Reverse The Penalties For Paying Their Taxes In Cash

The financial fallout from the government’s slow decision to legalize medical marijuana nationwide can be hard to understand. But once you realize that different agencies within the government never know what other agencies are doing, it’s easier to shake your head and say it’s normal government behavior.

Medical marijuana dispensaries are finding that fact out the hard way. Banks won’t touch the cash collected from the dispensaries because they fear the government will come after them for money laundering. And, the IRS won’t take cash as payment for tax debt even when taxes are paid on time.

That’s what happened to the Allgreens medical marijuana dispensary in Colorado. People at Imaging Advantage have learned that Allgreens paid their taxes on time, but the IRS penalized them for paying in cash. Allgreens doesn’t have a bank account because the banks say, no thanks when they try to deposit cash. Allgreens was faced with a $25,000 penalty for paying their withholding taxes on time.

Closer to Legalization of Marijuana

It might take a few more months, but there are some Senate members who look like they want to be on board with making it easier for medical marijuana to be legal in the United States. Sergio Cortes has learned that one of those people is Presidential hopeful Rand Paul. There are hints that would make medical marijuana a Schedule II drug instead of the current Schedule I drug, making it easier for people to be in possession of it and not get jail time because it would be considered something out of medical necessity. If people would do a little research, like those in the Senate look like they’re doing, then they would see that medical marijuana has several benefits instead of being the drug that so many have claimed as bad. When people can get relief from pain, nausea and seizures as well as other issues in life without relying on a pill that has chemicals in it, then it’s something that should be legalized.

GOP Senators Rush to Defend Menendez Against Politically Motivated DOJ Charges

Rumors are that the Department of Justice (DOJ) plans to indict New Jersey Senator Bob Menendez on charges of corruption. However, GOP senators are criticizing the actions as being politically motivated as they are a fortnight away from a key deadline for the president’s negotiations with Iran. Senator Menendez has been a vocal critic of the president’s ongoing talks with Iran and believes the president will concede too much to the Iranian mullahs without any plan to curtail their nuclear weapon ambitions. In fact, Senator Menendez recently spoke out about the president’s Iranian foreign policy in a highly critical speech. Menendez accused the Obama administration of causing harm to the nation’s national security.

During the recent Democrat retreat in Baltimore, Maryland, insiders reported that both the president and Senator Menendez got involved in a heated exchange over the ongoing negotiations. Texas Senator Ted Cruz accused the Obama administration of engaging in political payback for Menendez’s criticism. In fact, Cruz insinuated the timing of the indictment was anything but coincidental. South Carolina Senator Lindsey Graham likely stated that the indictments were likely political retribution against Menendez. Zeca Oliveira has read that, in recent months, the senator has become a thorn in the president’s side. Find more on Oliveira on his Linkedin page. GOP Senators claim the president is seeking retribution for the recent address by Israeli chancellor Benjamin Netanyahu before a joint session of congress. In a show of support, GOP senators are emphasizing the presumption of innocence all Americans have before the law. Senator Menendez has affirmed his innocence and plans to defend himself against the charges.

D.C. Pot Smokers Set to Legally Fire up on Thursday

Voters have expressed their desires regarding the legalization of pot yet again in another region of our country. Last November, the citizens of Washington D.C. favorably voted in Initiative 71, legalizing recreational pot, which is set to go into effect at 12:01 am Thursday. And, although the people have made their wishes on the issue clear by their overwhelming vote, Congress still has the power to cut down the new law.

As it stands now, as of tomorrow, the possession and use of marijuana in D.C. will be legal on a local level only. The federal side of the issue still keeps pot illegal, and the new D.C. law will not be valid on federal land such as the National Mall, Rock Creek Park and other areas patrolled by U.S. Park Police. It will still be illegal to use marijuana in any capacity while in any public areas.

Zeca Oliveira of BNY Mellon has read that, in an effort to educate the public on the rules of the new law, Mayor Muriel Bowser had her office hand out information sheets that clearly defined what is and is not permitted. D.C. police will also be carrying small cards with the main details of the law defined for reference.  It is legal to give away up to one ounce of weed to anyone 21 years or older, but you may not sell it, smoke or consume it in public.