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(251 mobil mineral hydraulic oil, 1 gal jug, iso viscosity grade mineral hydraulic oil, 1 gal jug, iso viscosity grade : 68 mobil dte 20 series hydraulic oil is a highperformance, antiwear hydraulic oil. marine, mobile 36.63conflict minerals from the congo: is your cellphone made with if you are reading this on a smartphone, then you are probably hing in your palm the conflict minerals that have sent the biggest manufacturing trade group in the u.s. into a court battle with the securities and exchange commission. at stake in this battle between the national association of manufacturers and the government is whether consumers will know the potentially bloodsoaked origins of the products they use every day and who gets to craft rules for multinational corporationscongress or the business itself. see full list on slate the rule requiring disclosure of conflict minerals will go into effect in 2014. congress included it in doddfrank out of concern for what is known as the resource cursethe phenomenon wherein poor counties with the greatest natural resources end up with the most corrupt and repressive governments. the money earned from selling the natural resources props up these harsh regimes and funds violence against their citizens and neighbors. according to the new york times, rep. jim mcdermott, who supported the requirement to disclose conflict minerals, visited a group of rape victims in congo and traced much of the suffering in the country to rebel siers who s tantalum and other minerals to finance their war. as the doddfrank legislation puts it, the exploitation and trade of conflict minerals originating in the democratic republic of the congo is helping to finance conflict characterized by extreme levels of violence in the eastern democratic republic of the congo, particularly sexual and genderbased violence, and contributing to an emergency humanitarian situation therein. see full list on slate in august 2012, the sec, which implements parts of doddfrank, issued a rule requiring that companies disclose whether their products contain conflict minerals that are necessary to the functionality or production of their products. companies are also expected to detail which mine or location the conflict minerals came from, the efforts the companies made to figure this out, lists of the smelters or refineries used to process the minerals, and a description of any products that are not conflict free. they must post information on conflict minerals on their website. see full list on slate two months after the sec acted, the nam, along with the u.s. chamber of commerce and the business roundtable, sued to try to stop the rule from taking effect. the trade groups argued that complying with the rule would be costly, that it is unclear whether congolese people would benefit, and that the rule violates companies first amendment rights by compelling them to speak. (some big companies, including microsoft, general electric, and motorola solutions, have publicly opposed the business groups stance on the conflict minerals rule.) see full list on slate in july, judge robert l. wilkins upheld the secs rule. he said that congress could pass the disclosure rule as a reasonable step to shed some light on this literally lifeanddeath issue, and to encourage companies using these minerals to source them responsibly. wilkins obliterated nams argument about cost and uncertain benefit, finding that the sec had no obligation to evaluate the humanitarian impact and social benefits of the conflict minerals rule. finally, the court rejected the claim that the disclosure rule compels speech. see full list on slate as the battle advances to the u.s. court of appeals for the district of columbia circuit, the manufacturers group has submitted a brief repeating many of the arguments that they offered to the lower court. theyre still weak. the first amendment argument that the rule compels speech is particularly silly. all sec disclosure regulations make a company speak, whether it is about environmental liabilities or its own financial health. see full list on slate
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