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The Tide Is Turning: Call Your Senator NOW!
The tide is now turning towards real financial reform:
- In a
major development, Senator Harry Reid is now supporting
breaking up the giant banks and auditing the Fed
- Number two Senate majority leader, Sen. Dick Durbin (D-Ill.), came out Tuesday in favor of a far-reaching
amendment that would break up big banks and cap their size (the
Brown-Kaufman amendment)
- Senator
Feingold has announced
that he will filibuster and financial regulation which does not
include serious banking reform
I asked a friend on the hill
- a top aide to a very important Congress member - whether people would
be wasting their time by calling their Senator. I explained that many
people called and demanded that the U.S. not invade Iraq, but that
Congress just ignored us. I said that many people feel that traditional
political activism, like phonecalls, can't work, as the level of
political corruption is too high.
He responded that given the bipartisan support of many congress
people and the American people for financial reform, this is very
different from Iraq.
He urged everyone to call their Senators and demand the giant
banks be broken up and the Fed be audited.
Senator Sanders' bill
to audit the Fed will probably be voted on today. Please call
your Senator now.
- advertisements -
Yeah, and I think it just turned into a riptide and washed us out to sea!
Frailty, thy name is Bernie Sanders!
US Capitol Switchboard Toll-free Numbers
1-866-220-0044
1-877-851-6437
1-800-833-6354
1-888-355-3588
1-866-808-0065
1-877-762-8762
1-800-862-5530
Okay...I'll take the other side of the trade. Calls to cap the size of US banks and other limits on their growth are insane.
The view is based on the foolishness of Too big too fail, which I see as code for too complicated for us to regulate. The fact that the feds don't think they can come up with a structure to properly regulate financial service companies does not mean banks have to be broken up. I'm all for proper regulation and wonder why Kaufman et al can't find experts who can come in and propose a way to create the sunshine needed so that idiots at the SEC, CFTC, FDIC, etc. can actually understand what's going on.
Sorry guys, but I don't think this is a good idea. But what do I know, I think the fact that the feds have allowed illegal aliens to flood the country, which is also a failure in federal policy, should mean we force these people to register as aliens, allow them to stay and get them to pay taxes!
What disturbs me most about these debates is that they are based on massive federal legis/regulatory errors. Rather than admitting that the Feds were wrong, they punish the private sector.
We need these banks to create real capital otherwise the same idiots that want to cap their size will create some ridiculous federal scheme, based on deficit spending which is code for more Treasury debt, and we are all going to wake up one day and realize we are Greece!
Sanders just went from HERO to GOAT in a matter of hours. Welcome to the Dark Side Bernie ! You now are viewed as another Mel Watt . A Turncoat ! Caved to the pressure to hide the truth . Now just another Creature from Jeckyl Island. The Shame !
No matter who you call... the fact remains that they (on average) collect 10 times more monies from the lobby's, special interest's and pac's that we the people pay them...
Click this link and see who owns your legislator(s)... http://www.opensecrets.org/
The really good news is, that your tax dollars are used for bailouts, which in turn the bailout funds are used to lobby against your better interests... I offer...
Really? The Banks are using profits to pay for their Lobby? not the 0% Fed Window?
http://www.wired.com/threatlevel/2009/08/bank-lobbyists/
**** "In the first three months of 2009, the financial sector spent $104.7 million to lobby Congress and the administration, down 8% from the same period last year" ****
http://online.wsj.com/article/SB124640640747376775.html
So that I am clear... 2008 was a vintage year for Banks? they made soooooooooooooooooooooo much money on 2008 that in the first 3 months of 2009... they could drop $104.7 MILLION DOLLARS?
http://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008
THE TIDE IS NOT!!!! TURNING!!!!
THE SPIN MACHINE IS ON FULL BLAST!!!!!
THE LEGISLATIVE BRANCHES ARE ALL BOUGHT AND PAID FOR WHORES!!!!!!!
T.V. air time to keep the masses happy the air time monies are more important than the very fews Votes who know the truth. Sorry but its true.
God Bless us all! and Good Luck to you and yours!
May 6, 2010
Dear C4L Member,
Any time you find out Senator Chris Dodd is in support of something – watch out.
According to our sources on the Hill, Senator Bernie Sanders caved to pressure from the White House and Chris Dodd and stripped out the Paul-Grayson language from his Fed transparency amendment.
What Sanders is now proposing is essentially the Watt amendment we all opposed last year in the House. In addition, it supports just a one-time audit.
Talking Points Memo reports that, “In order to allay some of the White House's and the Fed's concerns, Sanders has agreed to limit the scope of what the Government Accountability Office would be allowed to audit--but his plan will still require thorough review of all the Fed's emergency lending, beginning December 1, 2007.”
Call Senator Sanders’ office at (202) 224-5141 and tell him how you feel about this last-minute sell out.
Click here for contact information for your senators and urge them to oppose the Sanders Sellout. Tell them to put back in the original Paul/Grayson language.
A vote could come even late tonight or early tomorrow. Let your senators know where you stand right away.
The American people deserve a real audit.
In Liberty,
John Tate
President
GOOD! I hope the Audit does on the operating table!
I do not want to die! An audit will totally collapse the world economy and possibly start world war III!
You want Mushroom clouds over your nearest city!
Keep the FED secret= Keep your fellow humans alive!
No, I do not want to see any mushroom clouds over my nearest city.
I merely want one mushroom cloud --- over YOUR city!
You spineless, servile, pathetic excuse for a human!
You forgot to add : Stay a slave
Shall i make the calls then grab the pitchfork?
Just Do It !
call senators lol talk to a machine
this is as effective as trying to pull teeth from a grasshopper ,
the only way to get their attention is vote the pigs out,
but with 50% of the population on the pig slop daily gruel . next to impossible .
the senators show their money master's who they are each day in drivel and posturing and inmass voting against the will of all polls .
exactly. Call? He's the one robbing us blind. Needless to say we all know what needs to be done, no?
No No No George. The sell off was because of a B and not an M.
Not banks threatening the country. We should just seize all their assets now and return them to the Treasury.
Rioting? Maybe if Dancing with the Stars is cancelled. Nothing is going to change, until there are shortages, whether it's food, gasoline, health care (all coming eventually by the way.). But this audit the fed is funny. If they do pass a law, it will be written by the lapdogs of the elite in arcane bullshit language that lawyers can't even interpret, that in the end will give them more power not less. And if somehow they do pass a law with teeth, the Fed will rollout some magic green ledger they've been preparing all along, that will make Alice and Wonder Land look like a non-fiction book. See everythings fine, go back to watching American Idol and Mixed Martial Arts.
Looks like Saunders has GUTTED HIS OWN AMENDMENT.
UFB.
http://thehill.com/blogs/on-the-money/banking-financial-institutions/965...
Not worth the effort to dial, what I laughingly call "My" Senators. Won't write either,
Lets' see,
Dear Senator Lieberman, and Dear Senator Dodo, er, Dudd, whatever............ You can take your eloquent statements and.................
Listen to Sanders speech in the Senate today....Fantastic !
http://www.squarestate.net/diary/349/breaking-bernie-sanders-reads-the-r...
Personally, I think that if a watered down version of the bill passes there will be major rioting in the streets of America much the same way as there is rebellion in Greece right now. A No vote against the Sanders or Grayson / Paul bill will be the final straw for all Americans. I am sure there are many Senators that realize that a NO vote against this amendment will be a NO vote against their re-election.
Rioting by the US sheeple? Most of them don't even know the Federal Reserve exists, never mind what it is supposed to do, or what it actually does, or who runs it. Most of them consider Ron Paul and Bernie Sanders nutjobs (that is, if they've ever heard of them as well).
I use my Mom as well as most of the people in my office as the informal sheeple poll. My Mom is a lifelong registered Republican, who occasionally voted for the Dummies in her youth. You'd think she'd be a perfect Ron Paul convert. Wrong--she thinks he's the Devil's Spawn. Most of the people in my office have no clue about either Bernie Sanders or Ron Paul, and I work inside the Beltway for a major .Gov agency. (Full disclosure: in a previous life, I ran a medium-sized industrial company in New Jersey and Chigago)
My problem with financial reform? It's the same corrupt cast of "elected elites" that are behind it that largely caused the problems to begin with. Chris "countrywide" Dodd? He should be in jail.
Another reason, anything "reform" is a 4 letter word now. The idiots in DC will only screw it up with unintended consequences like health care deform. They'll pull the old, just wait til we pass it so you can see all the goodies in it. the devil is on the details.
Interference already from Obama on Sanders amendment. If his popularity rating ins;t at zero yet it soon will be.......
White House Explains Opposition To Fed Audit Amendment, No Veto Threat
Sam Stein
Sam Stein
stein@huffingtonpost.com | HuffPost Reporting
The Obama administration offered to date its most direct opposition to an amendment to Wall Street reform legislation that would allow for an audit of the Federal Reserve, though administration officials declined to say whether the president would veto a bill that included the proposal.
In a briefing on Thursday, Deputy Secretary of the U.S. Department of the Treasury, Neal Wolin expressed concern that the amendment, authored by Sen. Bernie Sanders (I-VT), would damage the independence of the Fed -- either in perception or practice. The administration has pushed a side amendment that Wolin said would accomplish the goals of Sander's proposal but would not bring politics into monetary policy.
"We oppose the Sanders amendment in its current form," Wolin said. "Transparency of Fed is critically important... But we also think it is important that the Federal Reserve board have independence. We think that countries that have had... the perception of political influence in their central banks have had real problems."
Would the president veto a bill that included the amendment? "We are continuing to work with Senator Sanders, Senator [Chris] Dodd (D-CT) and others to make sure we can accomplish these twin objectives," Wolin replied. "We will move forward in those discussions before we get to discussions about vetoes."
Over the past few weeks and months, Sanders has done yeoman work lining up support behind his proposal. He had been in regular contact with White House Chief of Staff Rahm Emanuel about the issue before learning on Thursday (via the New York Times) that the White House has pushed an alternate amendment as a means of killing his one.
On Thursday, nevertheless, the senator received a major endorsement in the form of explicit backing from Majority Leader Harry Reid. As for the White House's concerns, the senator has stressed repeatedly that he is not interested in politicizing central banking, merely getting a clear sense about where the $2 trillion in low-interest loans paid by the Fed actually went since the recession began.
Asked about this pushback, Wolin again insisted that the White House supports the spirit of the provision but not the legislative language. He said the administration also wants to know who received bailout funds. But, he added, "we think that is an incredibly important principle... what we want to make sure at the same time is that the provision doesn't in an unintended way get into the area of monetary policy that encroaches on the central bank's independence.
Good news, but it'll be interesting to see how the MSM spins the Feingold filibuster threat.
I wonder if there is any correlation to the sudden takedon on the DOW and the possible vote for Audit of the FED today. Spreading fear, just like Paulson did to get his way with TARP , is not out of the question. Was the FED tampering with the markets today ???
When does the FED not tamper with the markets???
Done.
Wow,sure are a LOT of STRANGE BEDFELLOWS on this................this makes me very Leery..................
We have groups that would kill each other if they could get away with it, signed onto this.
The gingham dog and the calico cat come to mind. Or, matter v. antimatter. Whatever.
Yes. Call them. It might change their minds about what they have been told they will be doing anyway.
Also no FDIC, Fed, or other insurance or support for institutions that prop trade.
The Sheeple may yet awaken.
Reid blows with the wind. If his constituency does not vote his corrupt ass out. they get everything they deserve.
Done and done.
Wyden is sponsoring? This is a little ominous....and the name is the Sunshine provision???? Ominous...but...I do not care. Let us start this party!
http://www.senate.gov/general/contact_information/senators_cfm.cfm
-cheers
LOL! You have bigger balls than me.
Just called Cornyn. He's on board. I told the girl on the phone that that was awesome, because I didn't want to have to take up arms in revolution.
Spineless Harry "We Don't Have Enough Votes" Reid
Up for reelection... and morbidly behind in the polls...
The only time ANY Senator stops lining his grubby little pockets long enough to support a bill that benefits his constituents instead of his bribe masters...
All you need to know about Reid.
Dodd Opted Not to Run
Hence, Dodd continues to line his grubby little pockets and his wife's grubby little purse.
It is pretty hard to be the biggest douche bag Senator in a state that contains Joe "Super Douche" Lieberman...
The Entire Congress Could Be Only Reid and Pelosi
And those two worthless bought off corporate fucks STILL would say they didn't have the votes...
I will believe it when I see a signed, loop hole-less bill that does what's advertised...
right on, go get'em
(202) 224-3121
US Capitol main switchboard
Im in, Linking as we speak and getting on the phone now....
ZH should have a Facebook page to make postings like this easier to share. This would get forwarded to a million people in about 5 minutes.
+1000
I completely agree it's a great way to share when the majority of your friends are glued to Facebook like kids in the old days with TVs and Videogames.
Facebook is the devil.
EDIT: Facebook is the mark of the beast. The devil is some sorry assed bankster that lives in a tower in Belgium with a name no one outside of said tower knows.
"The devil is some sorry assed bankster that lives in a tower in Belgium..."
Correction Mr. Lennon Hendrix
"Around these parts I go by Scratch. Mr. Jack Scratch..."
"Clever man like yourself, he can find money anywhere."
"All he needs is a friend to point it out to him."
"Like this!"
Bang. Gold coins appear on the floor.
The Devil and Daniel Webster (1941)
Of course the seductress is played by the delectable Simone Simon as Belle...
The Marla Singer of Her Day...
With flash paper for smoke instead of a chain of cigarettes of course... but Simone is more the dominatrix rather than the later day oral fetish girl..
Anyone have a an easy link for people to find their senators phone number? I want to share this with my network, but we are Americans and we need the hand holding and guided like the lemmings we are.
Telephone Book.
Behold
Miracles!
Thats so pre Intertewbs. They still waste trees making those?
202.224.3121 and ask for senator or tell them state and they will direct the call
It is embedded in Washington's article.
Holy cow!!!!
+1000000
Income tax was never fully ratified by the states. But we cant talk about that can we.