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AMA Action Alert: National Transportation Bill

Wednesday, March 28, 2012
American Motorcyclist Association
Currently, Congress is working on the next version of a national transportation bill. This program covers everything from highway safety, to congestion mitigation, and tolling projects. The House of Representatives is considering its options, but the American Motorcyclist Association (AMA) is seeking passage of H.R. 7, the “American Energy and Infrastructure Jobs Act of 2012.”
The AMA supports H.R. 7, because it contains many critical measures to address motorcycle safety programs, motorcyclist rights, and motorized recreational access. Additionally, H.R. 7 begins the tough process of modernizing the national transportation program by eliminating some wasteful spending programs and streamlining the project delivery process.
Of the many important programs for motorcyclists in H.R. 7, the continuation of the Recreational Trails Program (RTP) is a notable distinction. The RTP is funded by the fuel used for off-highway vehicle recreation -- by snowmobiles, all-terrain vehicles, off-highway motorcycles and off-highway light trucks. In some states, a motorized trail program would not exist without the RTP. It is very important this program continue.
Additionally, H.R. 7 would require state highway safety programs to include initiatives that prevent motorcycle crashes while limiting the establishment of mandatory universal helmet laws. Moreover, the bill would prohibit the U.S. Department of Transportation Secretary from providing federal grants to states and local governments for discriminatory motorcycle-only checkpoints.

Furthermore, under H.R. 7, motorcycles and motorcyclists would be included in research and development of new technologies, called intelligent transportation systems, which riders have typically been excluded from in the past.
H.R. 7 also begins to eliminate the delay on transportation project delivery by streamlining review and approval processes. Therefore, the country can begin adding new capacity, improving safety, and reducing congestion at a much faster rate. Additionally, states would no longer be burdened with the mandate to spend tax revenue on “enhancements” that drain resources from the highway trust fund.
The AMA strongly encourages you to write your Representative today and urge them to pass H.R. 7, the “American Energy and Infrastructure Jobs Act of 2012.” A pre-written letter is provided for your convenience. You can access it by simply clicking the “Take Action” option.

This bill contains many programs of significant importance to motorcyclists, and we believe is the best path forward for transportation in this country at this time. Please write your Representative today.

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ironboltbruce   March 28, 2012 02:55 PM
Former SEC Chief Accountant warns that the JOBS Act - sponsored by one of the most corrupt Congressmen in Washington - won't increase employment but will simplify swindling. JOBS ACT OF 2012: WILL H.R. 3606 JUMPSTART OUR BUSINESS STARTUPS OR OPEN THE CROWDFUNDING FRAUD FLOODGATES? U.S. Representative Stephen Fincher (R-TN-8) is a Big Ag businessman whose company has received over $8.9 million in government subsidies (corporate welfare) over the past ten years, a politician flagged but never penalized for federal election law violations by the Federal Election Commission last July, and a legislator the political watchdog group Citizens for Responsibility and Ethics in Washington (CREW) cites as one of the Most Corrupt Members of Congress: http://www.crewsmostcorrupt.org/mostcorrupt/entry/stephen-fincher His latest contribution to the corporate greed pervading our government is sponsorship of the Jumpstart Our Business Startups Act, HR 3606, which has been passed with massive bipartisan support by both the House and Senate, but was sent back to the House to approve some Senate changes on Thursday (22 March 2012): http://www.govtrack.us/congress/bills/112/hr3606 http://en.wikipedia.org/wiki/Jumpstart_Our_Business_Startups_Act As is so often the case in Washington DC, the label on this Pandora's box says nothing about its true contents. Euphemistically referred to as the "Jobs Act of 2012", former Chief Accountant of the Securities and Exchange Commission Lynn E. Turner warns this bill would destroy small investor protections dating back as far as the creation of the SEC itself. "It WON'T create jobs, but it WILL simplify fraud," Turner said in an interview last week. "This would be better known as the Bucket-Shop and Penny-Stock Fraud Reauthorization Act of 2012." http://www.bloomberg.com/news/2012-03-13/job-creation-legislation-seen-eviscerating-shareholder-protections-in-u-s-.html Mr. Turner is not alone in his assessment of HR3606. Crooked Congressman Fincher's summary claims the goal is to "increase American job creation and economic growth by improving access to the public capital markets for emerging growth companies [e.g. crowdfunding]", but President of the North American Securities Adminstrators Association (NASAA) Jack Herstein warns otherwise: "Expanded access to capital markets for startups and small businesses can be beneficial, but only insofar as investors can be confident that they are protected, that transparency in the marketplace is preserved, and that investment opportunities are legitimate... Small businesses are important to job growth, and to improving the economy. However, by weakening investor protections and placing unnecessary restrictions on the ability of state securities regulators to protect retail investors from the risks associated with smaller, speculative investments, Congress is on the verge of enacting policies that, although intended to strengthen the economy, will in fact only make it more difficult for small businesses to access investment capital." http://www.nasaa.org/wp-content/uploads/2011/07/NASAA-Letter-to-Senate-Leadership-on-H.R.-3606-FINAL-3-12-2012.pdf Personally, I'd wager that the only jobs created by the JOBS Act of 2012 will be for Wall Street brokers who didn't meet quota and other con artists pitching worthless penny stocks from telemarketing boiler rooms and Internet scam sites.