Margaret Cole and EAC: A Bad Guess!

Have a look. In January of 2012, EAC heard “rumors” that the Russian-US bilateral adoption agreement would be taken up in February.

This did not happen.

But take note of the comment about independent adoption. It is in the best interests of EAC and other members of the Russian adoption agency “cartel” for this to end. Why? It means more business for them, and, as the power of their cartel increases, so too does their ability to raise prices.

The truth of the matter is that the Russian Duma has deferred consideration of the agreement indefinitely. The agreement, now nearly a year old, will undoubtedly require modification. Secretary of State Clinton, featured prominently in EAC’s advertising, will not be Secretary of State even if  Barack Obama is re-elected. Changes to the agreement would have to be negotiated with either a second Obama administration or an incoming Romney administration.

The earliest, then, that changes could be considered would be early 2013.

Recently, “licensed” Russian adoption agencies have had some serious problems. It appears that a number of them, such as About a Child (AAC), Christian World Adoption (CWA), Hand in Hand, Homestudy and Placement Services (HAPS), and The Small World Foundation of Missouri (SWAF) have come under some level of scrutiny. The motivation for this scrutiny appears to be the illegal use of photographs and medical records of children in Russian orphanages in conjunction with the Reece’s Rainbow organization.

It seems unrealistic to assume that Russia would “accept” agencies who have been involved in illegal activities there.

In any case, Margaret Cole’s prediction about the ratification date of the agreement is worth nothing more than a laugh now. One hopes that she did not rush to buy Facebook stock at $37.00 a share, thinking she had made the proverbial “killing” in the stock market.

 

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