Article Archives

Ecosystem Accounting Challenged by Financial Fairness Alliance

Ecosystem Accounting Challenged by Financial Fairness Alliance

Justin Bis, director of the Financial Fairness Alliance (FFA), stated that the “elites” have not conceded defeat, despite the withdrawal of the Natural Asset Company (NAC) proposal. In a recent opinion piece penned for the Washington Examiner, Bis claimed that the new concept of “Ecosystem Accounting” is their next move, an approach he criticizes as being based on misleading statistics rather than factual data.

“Justin Bis said, “In this Orwellian world, fueled by fuzzy numbers and misleading statistics, accounting is no longer a recording and analysis of facts, it is an appendage of the state ready to justify anything”, said Justin Bis.

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New Comment Deadline for NAC Proposal!

New Comment Deadline for NAC Proposal!

This is the second time the SEC has delayed approving NACs. Importantly, with their latest notice, they are instituting proceedings requiring the applicants (New York Stock Exchange and Intrinsic Exchange Group) to show that NACs do not violate Securities law. This is a major victory for the property rights movement.

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Important NAC Update!

Important NAC Update!

U.S. House Financial Services Committee Abdicates Article I Oversight of SEC Rule to create Natural Asset Companies (NACs).
Thirty-one U.S. House Members signed the letter demanding they rescind the NAC proposed rule and reopen the comment period. Given the short window to sign on, this is a great response!

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