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Senator Schumer Says He Does Not Expect Vote On Bernanke To Occur This Week
Developing story. Too much other fallout to deal with than to promote the bubble blower for another term? Only 11 days left... Better hurry
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Let Brown speak.
Someone RFID BS now before he gets the fuck outta dodge!
Interesting if they sacrifice Bernanke to show they're "listening" to the voters.
Of course, they'll just put someone else in who will follow exactly the same policies, but once of them falls, the bands of loyalty weaken and they all start looking out for themselves to make sure they're not the next one thrown from the boat.
Barney Frankenstien comes to mind
"...they all start looking out for themselves to make sure they're not the next one thrown from the boat."
Yep, I think our good friend Shmucky Schumer ("My Wall Steet bribes go in the left pocket fellas...") is doing some PR for fear of electoral:
<SPANK>Scmucky in the ass...
i do hope that everyone is writing their lame-ass senators and letting them know that we know .... they are bought and paid for.....
and voting for Ben will only put that fact in high relief and glowing neon.
No point, next election time, voting for someone who represents Wall Street rather than the peasantry in their jobs. Nope.
Already wrote to both of them!
Two Senators and one Representative on notice as of this morning.
Hit Vitter up again today. I'll keep it up, so you keep it up.
LOL!
Time to placate the masses. Who do they throw to the lions?
Oh to be a fly on the wall.
Does he expect to ever look into the pilfering of his favorite constituent?
Goldman Sachs Sued Over Executive Compensation Plan
The Goldman Sachs board of directors wasn’t acting in shareholders’ best interests when it approved executive pay and bonuses amounting to almost half the New York-based bank’s net revenue, the Southeastern Pennsylvania Transportation Authority said in a lawsuit filed yesterday in Delaware.
“No reasonable director would approve, year in and year out, of awarding management almost 50 percent of net revenues as compensation,” SEPTA officials said in the Delaware Chancery Court suit. Philadelphia-based SEPTA is the nation’s fifth- largest public transportation system, according to its Web site.
http://www.bloomberg.com/apps/news?pid=20601087&sid=af5Kf3v7KbOk&pos=6
Why not? Isn't that how hedge funds are run?
Oh, that's right. GS is a shareholder owned public corporation isn't it.
Silly me.
Here's mine to my Senate critters...also called them...
If you support the re-nomination of Ben Bernanke for Chairman of the Federal Reserve, I will not vote for you again. Less than 20% of the populace approve of Ben Bernanke and the approval ratings are even lower for Tim Geithner and Larry Summers. By surrounding himself with the same individuals who caused the current economic crisis (Ben Bernanke, Tim Geithner, Larry Summers) President Obama has shown that he places the interests of Wall Street ahead of Main Street. The war on the middle class by the Obama administration and the Democrats has not gone unnoticed. If you want proof, see yesterday’s Senate election in Massachusetts. I sincerely hope that you and the Democrat party finally start supporting the people that elected you, rather than the moneyed interests on Wall Street.
I write menendez often!!
oh, for godsakes....the Democrats' war? please. the Republicans were so caring about the peasants during their reign of terror.
at some point, at some point, even the reddest of red republicans is going to realize that these "parties" don't have a dime of difference between them.
both are facilitating the massive theft of the middle class' wealth to the banking elite. only the methodology differs.
In my email to my Senators, I used "Democrats" war on the middle class only because both my senators are democrats. Had they been republicans, I would have used "Republicans" war on the middle class. I agree with you that the only function that the political parties serve is to distract the masses while the powers that be (in both parties) steal from us.
I used to get answers when I wrote to my Senators and Congressman. They don't even reply any longer so I call them and leave a message letting them know politely how I feel.
The call will be answered by some intern that will be polite then disregard everything you said. Unless you are a powerdful lobbyist, leader of a local union or the head of a major firm the members of congress just laugh at whatever we might have to say. For 3/4 of the house of representatives these members enjoy districts that have a 65/35 or better voter registration advantage essentially a guarantee of reelection. Calling or writing a member of the house or senate carries as much weight as writing to GS, JPM, WFC, BAC or C and asking for a 0% interest rate.
Too bad "our" central banker wasn't as concerned and professional as the Chinese central banker, who announced his intent to tighten and reign in the bubbles. Can we switch?
"Gentlemen, I have had men watching you for a long time and I am convinced that you have
used the funds of the bank to speculate in the breadstuffs of the country. When you won, you
divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that
if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That
may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand
families, and that would be my sin! You are a den of vipers and thieves."
Source: in 1836, Jackson forced the closing of the Second Bank of the U.S. by revoking its charter
+1
Issue of currency should be lodged with the government and be
protected from domination by Wall Street. We are opposed
to...provisions [which] would place our currency and credit system in
private hands.
Theodore Roosevelt
Years later, reflecting on the major banks' control in Washington, President
Franklin Roosevelt paid this indirect praise to his distant predecessor
President Andrew Jackson, who had "killed" the 2nd Bank of the US (an
earlier type of the Federal Reserve System). After Jackson's administration
the bankers' influence was gradually restored and increased, culminating in
the passage of the Federal Reserve Act of 1913. Roosevelt knew this
history.
The real truth of the matter is, as you and I know, that a financial
element in the large centers has owned the government ever since
the days of Andrew Jackson... –
Franklin D. Roosevelt
(in a letter to Colonel House, dated November 21, 1933)
The public wants Bernanke to go! He is a puppet of the Wall St. bankers he protects and bails out with taxpayer money!
Main St. demands that Bernanke not be reappointed. No more government bailouts by The Federal Reserve! The Brown election is a clear signal, no more Bernanke and no more Federal Reserve
We are assuming that Obama made a mistake of surrounding himself with the wrong crowd. The reality is that the campaign he ran was a smoke screen. He was put there by Wall Street, the squids and their friends could not possibly have gotten him elected had he been associated with Wall Street from the start. Obama was a candidate of convenience and Wall Street read the social mood correctly in backing him with the fictitious "internet" contributions everyone believed. The moment he was elected, Volcker was gone, Rubin and his team moved in. Was this an honest mistake of in-experience as Taibbi claimed? Unlikely. Would Obama be asked by the squids and friends to sacrifice Bernanke, or Geithner or/and Summers? Maybe. But make no mistake, whovere comes after them, and after Obama, and the President after Obama, would still be working for Wall Street and Big Business. America has been captured.
Obama was enlisted by Paulson; he sold his soul before the election. Then he rewarded Goldman for their brown bags, by employing their crew in all key positions.
Whether it is the Remocrats or the Depublicans, 90% of the pols in Washington don't give a rats ass about their constituents.
Bernanke isn't of the Chicago School or the Keynesian School, his is from the arsonists school- THE FIRST THING TO DO (when the country is burning down), IS SAVE THE ARSONISTS.
I say we insist they take a vote on Bernanke.
(the video will be good campaign ads)
I've written about Bernanke several times to Schumer and Gillibrand (clueless Patterson appointee).
It is as close to impossible as can be to think for even a moment that Schumer would not vote for Bernanke.....Chuck is the biggest wall street suckup imaginable and is soooooo in bed with that group.
schumer gave us mukasey....
A little South Park humor is needed here -
Stan: Dude, dolphins are intelligent and friendly.
Cartman: Intelligent and friendly on rye bread with some mayonnaise.