The organic standard went into effect in October after 12 years of debate, public comment, regulation and legislation.
Representatives from large food corporations as well as organic farming cooperatives questioned how Congress had allowed Representative Nathan Deal, a Republican from Georgia, to undermine the organic standard put into effect last October after 12 years of debate, public comment, regulation and legislation.
The Twitter commentator sysprog3 put it this way: Inviting Hayden to comment on regulation of surveillance is like having Bernie Madoff comment on regulation of Wall Street".
"To be clear," it continued in a highly unusual comment, "this regulation will not be pursued for the duration of the Obama administration".
After a period of public comment, final regulations are to come out in June when the moratorium has ended.
Twitter declined to comment, citing regulations limiting what a company selling stock to investors could say beyond its official filings.
As Mr Prates comments, "No regulation will ever be able to change this reality, unless a law is passed, for instance, setting the reserve requirements at 100% and prohibiting leverage".Regulators try to limit the problem with requirements for capital and curbs on leverage, but their rules are constantly overtaken by financial innovation.
The debt burden stimulated by highly accommodative monetary policy might not generate much additional current demand and might also restrain future consumption and investment, providing a lower future growth path and a deflationary outcome.It is all good thought-provoking stuff, as are the comments on regulation, to which I will return in a later post.
This means that private and public foundations can comment on regulations, advocate against an executive order, conduct public education campaigns, and participate in litigation, among other things, without reservation or risk.
A spokesman for U.S. Citizenship and Immigration Services, the DHS agency responsible for implementing the regulations, declined to comment on a regulation still under consideration.
"E.P.A.'s Region 2 office is providing technical comments on regulations being developed by the state of New York," an agency statement said.
