Ralph Nader: Open Letter To President Obama On Jobs Acts – OpEd – Ralph Nader (Eurasia Review)

April 2, 2012

“The so-called JOBS (Jumpstart Our Business Startups) Act is not a true job creation bill – it is a ravenous beast in sheep’s clothing. The mis-named “JOBS” Act is riddled with cuts in investor-protection regulation, glaring giveaways, and monster-truck sized loopholes…The list of individuals and organizations that are opposed or have voiced their concern about this legislation is long. It includes former SEC Commissioner Arthur Levitt and former SEC Chief Accountant Lynn Turner; Academics like Columbia Law School Professor John Coffee, Harvard Professor of Business and Law, John Coates, and University of Florida Finance Professor, Jay Ritter; Consumer and investor advocates that include the AARP, the Americans for Financial Reform, the Consumer Federation of America, the Council of Institutional Investors, and Public Citizen, among others.” Click here for more.