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Bernanke Senate Support Roll Call
Update: Senator Sessions is a now
A recent Senate poll of Bernanke support indicates the following (partial) results: of 34 senators polled, 5 (all democrats) are still undecided, 17 support Bernanke (13 Democrats, 4 Republicans), while 1213 support the Pink Slip (78 Republicans, 5 Democrats/Indeps). 41 are needed for Bernanke to take a hike.
A full breakdown is provided on the following table:
Call the undecideds, and those who still think that having a relevant currency is a good thing.
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How many days Ben got left? LOL.
LOL...HAHAHAHA.....WHO CARES......WHY AREN'T YOU TALKING ABOUT THE RIDICULOUS AND DEVASTATING (TO DEMOCRACY AT LEAST) SUPREME COURT DECISION......THOSE JUSTICES JUST FUCKED US ALL
That pesky 1st Amendment. Limiting free speech is not the answer, my friend.
That pesky 1st Amendment. Limiting free speech is not the answer, my friend.
How would that limit free speech, corporations are not people and therefore have no right to free speech in the form of monetary political donations from the company's earnings (likely at the cost of shareholders for public companies), - though of course the owners or individuals inside the company may do what they want once their compensation/earnings are distributed to them personally.
HEY! Take it easy. The justices just got tired of watching the executive and legislative branches have all the fun fucking us.
They (the justices) may think they are impervious to the people's wrath but they are mistaken.
haha +11
You mean where the dems can't ban books anymore?
That corporations like CBS, the owners of CNN,
the owners of ABC, the owners of NBC have the
right of free speech? That decision?
Nice piece of work.
I emailed Leahy today. AGAIN. He runs for re-election in November. Bernie Sanders, his fellow VT senator, has one of the HOLDS on the confirmation.
Tyler, how recent is this poll? I think Sherrod Brown and Robert Bennett are having second thoughts.
Bye bye Ben. Hello Fed Chairman Summers. Ugh.
I have a bet on this and this is keeping my wager alive, that Summers would be the next Fed Chairman. Granted I don't want Summers which is why I bet on him, but he does have a lot of political baggage on him which would make it harder for him to take up the printing press, but I think still possible if the banking oligarchs really wanted him.
Actually, i think Bennie survives by the skin of his teeth. No way the cartel lets someone honest in. So Volcker out. Summers has baggage from f****king up Harvard plus the comment about men v. women. Maybe they take Vice Chair Kohn who is a dove and sure to keep the print a thon going. Pre Scott Brown, Ben had a job. Now it is going to be close.
corrected
my bet is Clinton for Sec Treasury which is the fed chiefs boss in the current heirarchy? honestly i think Gross from Pimco, just because he understands interest rates from the savers point of view. let's get someone who won't be stealing the assets we have left.
or Jon Stewart. i trust him.
on the plus side...i love green confetti. don't you?
Bye Bye Bernmonkey, Summers, Geithner and Shapiro...btw Mary, Harvey Pitt is looking for a receptionist..
How could any Senate member be undecided at this point one way or the other, unless they were trying to barter their vote for something in return or are they scared to commit and let people see where they stand. These people lack integrity among many other things.
Do ya think Ricky??????
Been reading your comments. Really enlightning.
I just sent Senator Mikulski hate mail.
John Kerry (MA) - "very likely to vote yes"
Kerry has not made a formal statement on the subject but his staffer said he is very likely to vote yes.
I thought Corker and Gregg were smarter than voting for Bernanke.
Gregg = Dodd in Republican clothing. Both are looking for jobs in the financial sector come November.
I'm glad someone else sees Gregg for what he is. Shill!
For all of his fiscal rhetoric you'd think he'd can the guy with the printing press given the opportunity.
Chuck Schumer is chewing his fingernails to the bone.
Don't think for a second, Chuck, that all NYers are wall streeters. New Yorkers are pretty good at knowing when they are getting phucked.
Looks like Weiner is chewing his cojones also..Gawker did a number of him today!
Letter to my undecided Senator:
Let's fire this hack! Preferably out of a canon.
Start posting this in local papers so that all constituents can see these results...
Changing out Bernanke no makes no difference. The dollar is toast in the long run. May as well let him take full credit. One day the peasants will storm the Fed....
Kyl rarely votes in opposition to McCain, but I will say Arizona is heavily republican/"fiscal conservatives", they'd be upset if the market tanked. Funny thing, McCain's wife did a promo for Gay Marriage... damn she is hot in it, lol. Quick defensive pandering ensued from his press staff, hilarity all around.
Thanks for posting this. I'm putting together a more comprehensive sheet on the "other investor" class back to 85... really interesting despite the amount of data entry I'm doing.
And damn I am so sick of the Banker megaphone calling this drop due to Obama ridiculous, it was already selling off beforehand.
AZ ain't as conservative as it used to be. Influx of Cali expats, I reckon.
One liner for your senators.
Fire Ben or you will be fired this Nov.
Now that banks are allowed to fail---as it should be---who is the first formerly-TBTF to go?
+10
Mailed that as a one liner to a friend of mine ... with Cornyn's number of course <wink><wink> ... hope it gets forwarded! :-)
Changing the drive will do little good, when there is a brick on the accelerator
Sen. Harlot? "Nay". Sen. Whore? "Yea". Sen. Prostitute? "Nay". Sen Trollop? "Yea". Sen. Strumpet? "Yea". Sen. Slut? "Nay".
The real driving force for Bernanke's replacement could be whether or not the new chairman will let the GAO audit the FED.
Anybody ever go to a professional who uses jargon in diagnosing your problem (medical, legal, automotive) and their jaw drops when you can actually "talk shop" with them?
Right now I bet senators are floored that constituents are calling up using the term "Federal Reserve" and actually know what it is and who is in charge of it.
And here's part of their problem: setting the target rate is a BIG deal politically. Raising rates is nearly always politically unpopular. When Americans try to get mortgages at 18% they're going to go apeshit. Normally the Fed is under the political radar. And even then it's a political will issue to raise rates. Throw tough times and a contested reappointment in the mix. I honestly don't think the senate leadership has a game plan for this, any more than JPM had a game plan for housing prices going down.
Dump Bernanke - How You Can Help!
http://globaleconomicanalysis.blogspot.com/2010/01/dump-bernanke-how-you...
I've emailed my senators about Bernanke many times. Boxer is voting no; I've emailed to thank her. Feinstein will vote for whatever's best for her husband, Dick Blum (commercial RE, construction, defense contractor, leveraged buyouts, etc.) so there is no point in emailing her again, although I will.
How funny.... a financial crisis right before Bernanke comes up for re-election *yawn*
I don't know if you guys watch the NBR
but this was from last night's ending 30sec commentary
"Commentary-China's Undervalued Currency"
Thursday, January 21, 2010
SUSIE GHARIB: Tonight's commentator says it's time for China to step up to the plate and stop playing with its currency. He's Bernard Baumohl, chief global economist of the Economic Outlook Group.
BERNARD BAUMOHL, CHIEF GLOBAL ECONOMIST, ECONOMIC OUTLOOK GROUP: Now that a new year and decade has begun, it's time to resolve the thorniest issue in global trade: China's chronic manipulation of its currency. Since 1978, China has gone from being a poor developing country to an economic juggernaut. Its economy has already catapulted in size past the United Kingdom, France, Germany, and this year amazingly, it will overtake Japan to become the second largest in the world. No country exports more than China. No country is as rich in foreign exchange reserves. And yet no country has so rigged the game of world trade. For years, China has grossly undervalued its currency and benefited greatly from this practice. But that policy has also damaged the world economy by distorting capital flows. Indeed, China's actions many argue, were the root cause of the latest global credit crises and they still prevent the international economy from fully recovering. Countries ranging from Japan to Brazil find their competitiveness eroding more each day because China continues to pursue with impunity a mercantilist policy through its currency. The time has now come to end that practice. China must recognize that with its status as the world's second largest economy also comes special responsibilities and that includes ending its illegal practice, allowing their currency to float. What's at stake is nothing less than the stability of the global economy in this new decade. I'm Bernard Baumohl.
// I'd love to see thoughts from ZH on this subj. matter/line of thought.
"Call the undecideds, and those who still think that having a relevant currency is a good thing."
Powerfully and accurately stated!
Just called Cornyn's office (R-TX) and told the lady who answered "I just saw in the news that Cornyn was undecided on Bernanke and ..." she immediately cut me off (very nicely I might add) and stated "Cornyn is not undecided, he just hasn't made a statement yet."
I finished the conversation by asking her politely to oppose his renomination and stated I would get off the phone so the next person could call in.
For what thats worth ...
For those non-Texas folks who aren't keeping up, Hutchinson (R-TX) is running for governor too, so she was pretty immediately in the "No" camp. However she is in the finance committee and supported him last month. Just sayin' ...
Go Medina! (we got a R primary comin' up in Texas)...
Sen. Voinovich from Ohio has had his staff relay the message to me and some local reporters that he WILL support Bernanke.
Its not official yet, but you can put GA's two Senators as solid NOs.
New Yorkers! Call Gillibrand and let her know we don't take kindly to monetization!
Instead of wasting time here, we need to Google our Senators name, procure their e-mail addy, and tell them that if Bernanke is allowed to economically destroy us and the USD, that we shall repay them upon election day. Took about ten minutes.
The idiots who voted for Bush pretty much insured the kind of Supreme Court that handed down the unconstitutional ruling yesterday. The vote was 5-4 though, and Obama gets the next two appointments. At least he can make a change there.
We are going to have to live with the Bush/Cheney legacy of destruction for the rest of our lives. And our children will bear the brunt of the pain.
If the Wall Street/Washington extortionists tank the market to get their boy Bernanke in,
the Republicans may play ball to destroy everything, sink the market and roll to victory...
it's all unraveling????
perhaps the panic is really just a ploy from the banks to scare the public into thinking there will be an even huger potential for crash again if bernanke is re-appointed.
shame on obama for putting him in the first, shame on everyone else for re=appointing him. the american public has no say in this one. and the banks will have their way. plus, what is the guarantee that a meaningful replacement will be put in and not just some new stooge of the banks. if you ask me theyre already handpicking potential replacements perhaps for p.r. damage control , and to allow obama to get his way on at least something nominal and superficial. it will be a hollow victory should it occur, unless a maverick is appointed. that seems quite unlikely. who wants to undo a bailout? d
As to the SCOTUS ruling and free speech...
Organized labor was never restricted. So, with that said, how is a labor union different from a corporation? The unions throw their money around pushing candidates/incumbents into office...
So, the playing field was leveled yesterday.
If you want to ban corporations then you must ban union involvement also and make the law state, "Only an individual can donate money and the money must be donated by choice... not recommended by company or union".
Note how all of the people complaining never mention the union's power in elections.