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Close Expensive Offshore Tax Loopholes October 18th, 2013

Offshore-Tax-Havens-Deprive-State-Governments_issuebannerTax Justice Network is collecting organizational signatures for a letter in support of proposed legislation by Senator Carl Levin; the Stop Tax Haven Abuse Act (S. 1533). This critical piece of legislation closes the most egregious offshore tax loopholes used by big multinationals and wealthy individuals. It would raise $220 billion in revenue – enough to cover the costs of two years of the sequester.

Their goal is to sign on 500 organizations. Now that a short-term deal has been struck to reopen the government and extend the debt limit, Congress will move to set up a conference committee on the budget. Closing tax loopholes needs to be on the table in these budget negotiations.

The deadline for the letter is COB Friday, October 25th. To sign on, please visit this link.

Read the sign-on letter here…

 

 


San Fernando JPIC Group Active in Social Justice Ministry October 9th, 2013

CA447278-DCA2-4ED7-B302-217FEC316C13The Social Justice Group from Mary Immaculate, Santa Rosa, and San Ferdinand Church participated in a large march for comprehensive immigration reform that was held in Los Angeles over the weekend. Three buses went from San Fernando Valley to Downtown LA.

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The group walked together with more that 10,000 people. The march covered about two miles and finished in front of the Los Angeles City Hall.

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The Social Justice group has also been offering citizenship classes every Thursday from 6:pm to 9:00pm. More than 40 students ranging from in their 40’s to 70 years old participate. The classes are free.

Thanks to Br Lucio Cruz OMI for this information!

 


Marching for Immigration Reform in San Antonio October 9th, 2013

WP_20131005_009The immigration march last weekend in San Antonio went well despite a lot of competition from other good causes!! About 300 people turned out to call on Congress to pass a Comprehensive Immigration Reform bill. An interesting march is planned for San Antonio on October 16 and 17. People will walk 30 miles through Rep. Lamar Smith’s district, taking in some of the small rural areas, to try to influence his position on immigration. Other advocacy actions are also being planned.

Thanks to OMI JPIC Committee Member, Patti Radle, for this information!

 


US Supreme Court Refuses to Hear Vulture Funds Case October 8th, 2013

vulturemanThe U.S. Supreme Court decided not to take the landmark debt case between Argentina and bondholders led by NML Capital, a hedge fund that buys the debt of countries in financial crisis. Argentina is expected to file a second petition in the coming months that the Supreme Court will review and decide again if it will hear the case. In June, Argentina filed a writ of certiorari to the U.S. Supreme Court asking the court to overturn a ruling by the 2nd U.S. Circuit Court of Appeals made last October. The ruling ordered Argentina to pay bondholders $1.33 billion based on the court’s interpretation of a pari passu, or parity clause.

“The faith community is saddened by the high court’s decision,” noted Eric LeCompte, Executive Director of Jubilee USA, a religious antipoverty organization. “Given the likelihood of Argentina filing again to the U.S. Supreme Court on this global poverty case, we’re praying upon another review the U.S. Supreme Court will take it.”

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October: Celebrate “Respect Life” Month October 4th, 2013

RespectLife2013The annual Respect Life Sunday Mass is October 6. This is an opportunity for Catholics throughout the United States to come together to worship, reflect and witness to the dignity of the human person. The 2013 Respect Life Sunday theme is Open Your Hearts to Life. Catholics are being invited to check with local parish and diocese for Respect Life Sunday and the month’s events and schedules. Program information materials are available in English and Spanish at http://www.usccb.org/about/pro-life-activities/respect-life-program/

 

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