http://www.huffingtonpost.com/2010/12/17/house-republicans-block-child-marriage-prevention-act_n_798382.html
When did the United States start making the rules for countries?
On Thursday, Durbin's office put out a statement sharply criticizing the House's failure to pass the bill: "The action on the House floor stopping the Child Marriage bill tonight will endanger the lives of millions of women and girls around the world. These young girls, enslaved in marriage, will be brutalized and many will die when their young bodies are torn apart while giving birth. Those who voted to continue this barbaric practice brought shame to Capitol Hill.
Showing posts with label Senate. Show all posts
Showing posts with label Senate. Show all posts
Friday, December 17, 2010
Sunday, October 24, 2010
Let's Face Facts: America Doesn't Want Tea
http://market-ticker.org/akcs-www?post=170167
Ben actually came out and said, The loans needed to be made in the right way?
OMG....Busted.
Was that his idea of regulation? A little reminder to do right?
Now think Ben and Hank lying to congress about what they were going to do with the money.
Hank made it real clear and made sure of the fact that he couldn't be held personally responsible for actions that needed to be taken.
Coz he knew he was covering up a crime, and odds are the Senate knew to.
Else why would they give the money to him when the people had already made it clear that the consideration was off the table and the House voted it as such and the motion was killed.
All these "Fancy Schmancy Financial Products" - remember this quote?
Ben Bernanke, 5/18/2006:
"Our assessment at this point ... is that this looks to be a very orderly and moderate kind of cooling," Bernanke said.
"We're not saying you shouldn't make these loans. What we're saying is that they be done the right way," Bernanke told the banking conference.
What was Citibank's Chief Underwriter saying at the same time?
“In mid-2006, I discovered that over 60 percent of these mortgages purchased and sold were defective,” Bowen testified on April 7 before the Financial Crisis Inquiry Commission created by Congress. “Defective mortgages increased during 2007 to over 80 percent of production.”
He also reported this up the chain to senior Management.
The Federal Reserve, and The Federal Reserve Bank of New York, are the primary regulators for these large banking institutions.
They - including Ben Bernanke personally - knew full well what was going on with "these loans" AND THEY LIED TO CONGRESS AND THE AMERICAN PEOPLE. WORSE, THEY'RE STILL LYING!
Let me be plain about this:
This entire mess - all of it - the entire housing bubble and subsequent collapse, along with the unemployment, poverty, privation and loss - occurred due to the intentional blindness and refusal to regulate by the people entrusted by YOU to keep your money, your credit, and our economy safe and sound.
Instead of doing their jobs they literally gave these financial institutions a license to rob you blind and then assault you from the rear for good measure.
These executives and the regulators knew full well what was going on. They were fully aware of the defective nature of these loans. They did nothing - on purpose - to stop it.
And now, more than three years into this mess, not only have they done nothing but neither political party has addressed the problem nor has there been
Ben actually came out and said, The loans needed to be made in the right way?
OMG....Busted.
Was that his idea of regulation? A little reminder to do right?
Now think Ben and Hank lying to congress about what they were going to do with the money.
Hank made it real clear and made sure of the fact that he couldn't be held personally responsible for actions that needed to be taken.
Coz he knew he was covering up a crime, and odds are the Senate knew to.
Else why would they give the money to him when the people had already made it clear that the consideration was off the table and the House voted it as such and the motion was killed.
All these "Fancy Schmancy Financial Products" - remember this quote?
Ben Bernanke, 5/18/2006:
"Our assessment at this point ... is that this looks to be a very orderly and moderate kind of cooling," Bernanke said.
"We're not saying you shouldn't make these loans. What we're saying is that they be done the right way," Bernanke told the banking conference.
What was Citibank's Chief Underwriter saying at the same time?
“In mid-2006, I discovered that over 60 percent of these mortgages purchased and sold were defective,” Bowen testified on April 7 before the Financial Crisis Inquiry Commission created by Congress. “Defective mortgages increased during 2007 to over 80 percent of production.”
He also reported this up the chain to senior Management.
The Federal Reserve, and The Federal Reserve Bank of New York, are the primary regulators for these large banking institutions.
They - including Ben Bernanke personally - knew full well what was going on with "these loans" AND THEY LIED TO CONGRESS AND THE AMERICAN PEOPLE. WORSE, THEY'RE STILL LYING!
Let me be plain about this:
This entire mess - all of it - the entire housing bubble and subsequent collapse, along with the unemployment, poverty, privation and loss - occurred due to the intentional blindness and refusal to regulate by the people entrusted by YOU to keep your money, your credit, and our economy safe and sound.
Instead of doing their jobs they literally gave these financial institutions a license to rob you blind and then assault you from the rear for good measure.
These executives and the regulators knew full well what was going on. They were fully aware of the defective nature of these loans. They did nothing - on purpose - to stop it.
And now, more than three years into this mess, not only have they done nothing but neither political party has addressed the problem nor has there been
Tuesday, April 13, 2010
It took the Senate three years
http://market-ticker.denninger.net/archives/2189-Gee,-It-Took-The-Senate-THREE-YEARS-WaMu.html
Yeah it took them three years Karl, they were hoping that people would forget about it. Why you ask? Because the WHOLE god damned financial system and every bank that plays in it, books look just like Washington Mutual's.
Now that's a lot of WHITE COLLAR crime Karl, and we probably don't have enough federal penal institutions to house them all.
So Congress with all of their brilliance prefers to sweep it under the rug, because god forbid that they should look to deeply and actually have to prosecute their own meal tickets. It's just not the political way. Lobbyists of the banks are forking over BIG BUCKS to make sure that there is NO finacial reform to speak of, so that business goes on as usual.
In a pair of articles that outline exactly how outrageously corrupt our government's so-called "regulators" really are, The WSJ points to the Senate investigation on Washington Mutual:
WASHINGTON–Officials at the failed banking operations of Washington Mutual Inc. securitized substantial volumes of risky, fraudulent loans in the run-up to the financial meltdown despite repeated internal warning signs, according to a Senate probe.
Got that? Not just dangerous loans, fraudulent loans.
The subcommittee has obtained documents showing that "at a critical point Washington Mutual included loans in its securities because they were likely to suffer a high rate of default, and they failed to disclose that to the buyers," Sen. Levin said. "They also allowed loans that had been identified as fraudulent to be sold to buyers, again without alerting buyers when the fraud was discovered."
Got that again? The bank intentionally included defective loans in securities it sold to investors.
Yeah it took them three years Karl, they were hoping that people would forget about it. Why you ask? Because the WHOLE god damned financial system and every bank that plays in it, books look just like Washington Mutual's.
Now that's a lot of WHITE COLLAR crime Karl, and we probably don't have enough federal penal institutions to house them all.
So Congress with all of their brilliance prefers to sweep it under the rug, because god forbid that they should look to deeply and actually have to prosecute their own meal tickets. It's just not the political way. Lobbyists of the banks are forking over BIG BUCKS to make sure that there is NO finacial reform to speak of, so that business goes on as usual.
In a pair of articles that outline exactly how outrageously corrupt our government's so-called "regulators" really are, The WSJ points to the Senate investigation on Washington Mutual:
WASHINGTON–Officials at the failed banking operations of Washington Mutual Inc. securitized substantial volumes of risky, fraudulent loans in the run-up to the financial meltdown despite repeated internal warning signs, according to a Senate probe.
Got that? Not just dangerous loans, fraudulent loans.
The subcommittee has obtained documents showing that "at a critical point Washington Mutual included loans in its securities because they were likely to suffer a high rate of default, and they failed to disclose that to the buyers," Sen. Levin said. "They also allowed loans that had been identified as fraudulent to be sold to buyers, again without alerting buyers when the fraud was discovered."
Got that again? The bank intentionally included defective loans in securities it sold to investors.
Tuesday, February 9, 2010
Senate's Gridlock Fuels Frustration
http://online.wsj.com/article/SB10001424052748704182004575055721489671474.html?mod=WSJ_WSJ_US_News_5
You pay lavish expenses for them to do nothing, and they actually believe that they deserve it to.
The Senate's plodding pace has always distressed those in Washington eager to get things done quickly. Now, with Democrats and Republicans stalemated on everything from major legislation to agency appointments, some are asking whether the institution is broken
You pay lavish expenses for them to do nothing, and they actually believe that they deserve it to.
The Senate's plodding pace has always distressed those in Washington eager to get things done quickly. Now, with Democrats and Republicans stalemated on everything from major legislation to agency appointments, some are asking whether the institution is broken
Thursday, January 21, 2010
Obama blasts Court decision on campaign finance
http://finance.yahoo.com/news/Obama-blasts-Court-decision-apf-2655950138.html?x=0&sec=topStories&pos=6&asset=&ccode=
Are you surprised?
Do you think Obama and friends will really deny their "Party"
their due riches in ALL of their entirety that comes with this decision?
President Barack Obama is condemning a decision by the Supreme Court to roll back restrictions on campaign donations by corporations and unions.
In a written statement, Obama says the campaign finance ruling will lead to a "stampede of special interest money in our politics." Obama declared that his administration will work with Democratic and Republican leaders in Congress to come up with a "forceful response" to the high court's action.
Are you surprised?
Do you think Obama and friends will really deny their "Party"
their due riches in ALL of their entirety that comes with this decision?
President Barack Obama is condemning a decision by the Supreme Court to roll back restrictions on campaign donations by corporations and unions.
In a written statement, Obama says the campaign finance ruling will lead to a "stampede of special interest money in our politics." Obama declared that his administration will work with Democratic and Republican leaders in Congress to come up with a "forceful response" to the high court's action.
Sunday, December 20, 2009
Senate sends big Pentagon budget bill to Obama
http://apnews.myway.com/article/20091219/D9CME1M80.html
Senators worked through a December blizzard Saturday to pass legislation ensuring that U.S. troops are armed and the jobless don't lose their benefits - and take one more step toward a Christmas week showdown over health care.
The 88-10 early morning vote on the $626 billion defense spending bill and other must-pass items cleared Congress' plate of a major item of unfinished business and meant lawmakers immediately could resume their acrimonious debate on health care.
Senators worked through a December blizzard Saturday to pass legislation ensuring that U.S. troops are armed and the jobless don't lose their benefits - and take one more step toward a Christmas week showdown over health care.
The 88-10 early morning vote on the $626 billion defense spending bill and other must-pass items cleared Congress' plate of a major item of unfinished business and meant lawmakers immediately could resume their acrimonious debate on health care.
Wednesday, December 16, 2009
Senate rejects low-cost drug imports
http://www.google.com/hostednews/ap/article/ALeqM5i7pIgy2ugWrNRwWJXRsdLjuMiwwgD9CK294G6
Their Safety concerns are a laugh and a half considering they fast tracked the H1N1 flu vaccine and then gave immunity to the creators and producers for any damage that might incur from it's ingestion.
The Senate has narrowly rejected a plan to allow Americans to import low-cost prescription drugs from Canada and other countries.
The amendment by North Dakota Democrat Byron Dorgan failed on a 51-48 vote. Sixty votes were needed to prevail.
Importing prescription drugs for personal use is a violation of federal law. Dorgan's amendment would have lifted the ban, allowing access to low-cost medicines from developed countries where the government limits drug prices.
As a senator, President Barack Obama supported drug imports, but his administration now echoes the objections of the pharmaceutical industry that it would cause safety problems.
Their Safety concerns are a laugh and a half considering they fast tracked the H1N1 flu vaccine and then gave immunity to the creators and producers for any damage that might incur from it's ingestion.
The Senate has narrowly rejected a plan to allow Americans to import low-cost prescription drugs from Canada and other countries.
The amendment by North Dakota Democrat Byron Dorgan failed on a 51-48 vote. Sixty votes were needed to prevail.
Importing prescription drugs for personal use is a violation of federal law. Dorgan's amendment would have lifted the ban, allowing access to low-cost medicines from developed countries where the government limits drug prices.
As a senator, President Barack Obama supported drug imports, but his administration now echoes the objections of the pharmaceutical industry that it would cause safety problems.
Subscribe to:
Posts (Atom)