Showing posts with label lobbyist. Show all posts
Showing posts with label lobbyist. Show all posts

Sunday, March 22, 2009

Wall Street,Banks, AIG, Illegal Aliens...Time For Main Street Retribution?

Is Your Main Street America Dream Worth Standing Up For, Protesting For, Dying For? Wake Up Main Street, It Is US OR THEM...Stand Up, Be Heard, Or Be Enslaved.






For those in the crowd who are news junkies today has been filled with a certain amusement as we watch the pundits make the Sunday Morning circuit of news shows, attempting to diffuse the anger on Main Street. The basic spiel goes something like, "We have to put the bonus money in its proper perspective, time for Americans to move on to more important issues...after all, these bonuses represent less than...blah, blah...blah, blah and blah. I can agree with the putting it all in perspective part.

So far, Main Street America has been put on the hook for two trillion dollars (and growing).

We have been forced to bail out both Wall Street and Main Street.

Of the $180 Billion promised to AIG, over $80 Billion (and growing went right in the front door and out the back door to banks in foreign countries!

We are going to be told on Monday that we have to take on the financial responsibility (as taxpayers) another $2 Trillion dollars to buy up the Toxic Assets that are floating around...what they do not want you too know, is we are going to be the BACKSTOP that will allow the banks we BAILED OUT to buy those assets from themselves with our money AT BARGAIN BASEMENT PRICES.

While 12.5 Million LEGAL AMERICANS are out of work, the Department of Homeland Security, ICE, Border Patrol and President Obama refuse to take any actions against the seven million illegal aliens that STILL HAVE JOBS...in fact, the TWO CUNTS PELOSI and NAPOLITANO (YES, I SAID CUNTS!!!) have said enforcement of OUR LAWS, conducting ENFORCEMENT RAIDS is CRUEL!

President Obama demanded that E Verify be kept out of the Stimulus Bill...as a result of this reality, 300,000 Stimulus Jobs PAID FOR WITH OUR TAXES will go to ILLEGAL ALIENS.

Senator Dodd, Treasury Secretary Geithner and President OBama lied to us about what they knew regarding AIG bonus money, and when they knew about it.

The list could go on, but Main Street Americans should be able to look at this list and realize it is time to nip Obama's AGENDA in the bud. It is time that Main Street Americans begin MAKING DEMANDS IN WASHINGTON, DC, and if necessary be prepared to take to the streets in seeing our demands MET...enough LIP SERVICE. In short, I am stating for the record, THE TIME HAS COME FOR RETRIBUTION.

1. We want Everify, and we want it mandatory FOR ALL BUSINESSES effective immediately, and we want it fully funded.

2. FUCK YOUR AMNESTY. (This goes for Reid, Pelosi, Obama and every other SCUM BAG wanting to REWARD ILLEGAL ALIENS.) Instead, we want ENFORCEMENT, WE WANT BORDER SECURITY, and if Janet Napolitano and Eric Holder are not willing to FULLY AND ACTIVELY ENFORCE OUR IMMIGRATION LAWS TO THE FULLEST EXTENT OF THE LAW, WE DEMAND THEIR RESIGNATIONS EFFECTIVE IMMEDIATELY. 12.5 Million Americans ARE OUT OF WORK, and we want the SEVEN MILLION CRIMINAL ILLEGAL ALIENS STEALING OUR JOBS GONE, and that MEANS DEPORTATION.

3. We want Treasury Secretary Geithner GONE. We are talking RESIGNATION, EFFECTIVE IMMEDIATELY.

4. YOUR PLAN FOR buying up TOXIC ASSETS does not work for Main Street...we are not willing to have our money PUT ON THE LINE so that the rich can use it to buy up TOXIC ASSETS to cash in later at HUGE PROFIT. LET AIG and other Wall Street groups including banks FAIL! How much more can we get hurt anyway...you are already trying to force BOOMERS to accept a reality that they have to work till they are 68-72 so that you can reel in Social Security.

5. YOUR BUDGET Mr. PRESIDENT...FUCK IT TOO....we do not want THAT DEBT. Take your Health care and MOST OF YOUR Energy plan and PARK THEM! THIS INCLUDES ALL FUNDING AND LOAN GUARANTEES TO NUCLEAR. Simply stated...we in the middle class have suffered enough, and ARE NOT WILLING TO TAKE IT UP THE ASS so you can give what we have left to the poor and illegal aliens. You can come back and discuss these two issues with us once we have seen at least TEN MILLION ILLEGALS SHIPPED OUT OF AMERICA by any means possible, including by the point of a gun held by a member of our military.

To Main Street Americans...how long are you going to sit on your hands AND TAKE IT FROM A GOVERNMENT THAT HAS NOT PROTECTED YOUR INTERESTS FOR THREE DECADES. Please, WAKE UP...we are at a defining moment in America's history, and our destiny, the destiny of our LEGAL AMERICAN CHILDREN is at risk. Put aside political correctness, and DEMAND RETRIBUTION, MARCH IN THE STREETS, PICKET EVERY AIG BUSINESS LOCATION, put one million people on the street in Front of the White House, organize a sit in at the Washington Office of your elected officials.

Congress has for too long heard from Wall Street, From Banks, From the Insurance Industries, From Lobbyist, and FROM ILLEGAL ALIENS...now the time has come for Congress to HEAR MAIN STREET AMERICA LOAD AND CLEAR.

Saturday, February 28, 2009

Obama Ready To Take On Lobbyist...Does That Include Pro Illegal Alien Lobby Mr. President?

In his weekly radio show Obama says:

"The system we have now might work for the powerful and well-connected interests that have run Washington for far too long," Mr. Obama said in his weekly radio and video address. "But I don't. I work for the American people."

Does that include the Pro Illegal Alien Lobby Mr. President? Are you prepared now to make E Verify the law of the land? After all, illegal aliens ARE NOT THE AMERICAN PEOPLE. Are you prepared Mr. President to ignore MALDEF, La Raza, National Chamber of Commerce and other organizations that routinely lobby FOR ILLEGAL ALIEN CRIMINALS, and instead to whatever is necessary to remove seven million illegal alien criminals from the jobs they have stolen from Americans?

Mr. President, here is a partial list of those who wrongfully Lobby Congress with a Pro Illegal Alien Agenda. Are you ready to STOP LISTENING TO THEM Mr. President? After all, you WORK FOR THE AMERICAN PEOPLE...12-25 Million Illegal Aliens are criminals, not American People, and those that hire illegal aliens are also criminals. Which is it Mr. President? Do you work for us, the American People, or do you consort with criminals?


Accenture LLP http://www.accenture.com/home/ default.htm OUT SOURCING! Curious here, why does it appear that this firm that supports Illegal Aliens, supports AMNESTY, supports OUT SOURCING OF AMERICAN JOBS seem to have a CONTRACT with Department of Homeland Security?

AFL-CIO http://www.aflcio.org/aboutus/unions/ If you are a Union Member who is out of work because Illegal Aliens are on your JOB SITE, you might want to be asking the AFL-CIO why it is they are lobbying for COMPREHENSIVE IMMIGRATION REFORM (AMNESTY)

Altri Corporate Services Inc http://en.altri.pt/

American Assn of Community Colleges http://www.educause.edu/

American Assn of Intensive English Programs http://www.aaiep.org/

American Council of Education http://www.acenet.edu//AM/Template.cfm?Section=Home

American Electronics Assn. http://www.aeanet.org/

American Horse Counsil http://www.horsecouncil.org/

American Hotel & Lodging Assn.
American Hotel & Lodging Assn $1,400,000


American Immigration Lawyers Assn. http://www.aila.org/

American Jewish Committee http://www.ajc.org/

American Legion http://www.legion.org/homepage.php

American Nursery and Landscape Assn. http://www.anla.org/

American Nurses Assn. http://www.nursingworld.org/

American Rental Assn. http://www.ararental.org/

American Society of Travel Agents http://www.asta.org/

American Symphony Orchestra League http://www.americanorchestras.org/

Americans for Tax Reform http://www.atr.org/

Americans for the Arts http://www.artsusa.org/

America's Voice (Coalition for Comprehensive Immigration Reform CCIR) http://www.cirnow.org/

Anheuser-Busch (Think Cindy McCain) http://www.anheuser-busch.com/BeerVerified.html

Anti-Defamation League http://www.adl.org/

Applied Materials Inc http://www.appliedmaterials.com/

Arkansas Farm Bureau http://www.arfb.com/

Friday, February 13, 2009

As Senate Votes On Stimulus, I Wish The Bill Would Die

Obama has LIED to a nation, more importantly, he has lied and betrayed the Middle Class in pushing forward his so called Stimulus Package. Remember the 48 hours that we as citizens were supposed to have to read the FINAL BILL before it was voted on...GONE. In fact, Obama and the Democrats are so desperate to pass this bill before we on Main Street revolt that he is having a government plane fly to Ohio to bring Senator Sherrod Brown back to vote on the Stimulus Bill after he attends his mother's wake...HOW SICK IS THAT.

The Bill protects Illegal Aliens by stripping out of the bill the language that made E Verify mandatory for any one getting money from the stimulus.

The Bill reinstates the HIGH LIFE for Wall Street and Bank executives by stripping out the language that would have curtailed and limited their salaries and bonus money.

The Bill has gutted the Buy American language that would have guaranteed Americans were put back to work in this failing economy.

In short, this Bill is no longer a Stimulus Package for those on Main Street that so desperately need it, but has become a pork laden piece of shit that Obama should be ashamed to sign, but will. No offense to Senator Sherrod Brown, but being as he is the 60th vote, the vote needed to breath this travesty into law, I have to hope and pray that the plane picking him up, returning him to cast the final evil vote crashes somewhere along its route, thus keeping him from being in Washington to cast a vote that surely his mother would not want him making, keep him from casting a vote that once again rapes America's voters on Main Street in the name of those who wish to oppress us.

Thursday, October 9, 2008

Britain Follows George Bush Lead...Bails Out Banks At Taxpayer Expense

Tony Blair may be gone, but like a well trained poodle, Britain's government has announced its own $87 BILLION DOLLAR bailout of its banking industry, foisting the burden off on the oppressed citizens of the nation! Apparently this Bailout Bug that infects Main Street America is catching, and like the Bird Flu is racing around the globe.


Friday, October 3, 2008

One Vote For One Pork Barrel Project, House Members Are Converted, Ready To Vote For Bailout

In what can only be described as an orgy of ass sucking, brown nosing, self serving Pork Barrel for Votes debachery, many members of the House are now scurrying onto the Bailout Wall Street bill to be voted on later today.
Oct 2, 11:41 PM EDT

Wave of House converts jump aboard bailout bill


WASHINGTON (AP) -- A wave of House converts jumped aboard the $700 billion financial industry bailout Thursday on the eve of a make-or-break second vote, as lawmakers responded to an awakening among voters to the pain ahead of them if stability isn't restored to the tottering economy.

Black lawmakers said personal calls from Democratic presidential nominee Barack Obama helped switch them from "no" to "yes." Republicans and Democrats alike said appeals from credit-starved small businessmen and the Senate's addition of $110 billion in tax breaks had persuaded them to drop their opposition.

"I hate it," but "inaction to me is a greater danger to our country than this bill," said GOP Rep. Zach Wamp of Tennessee, one of the 133 House Republicans who joined 95 Democrats in rejecting the measure Monday, sending the stock market plummeting.

ociated Press Writer

Thursday, October 2, 2008

National Chamber of Commerce THREATENS LAW MAKERS...WHERE IS FBI?

The National Chamber of Commerce, lovers of Amnesty, Liberal Guest Worker Programs, CHEAP WAGES, a Wall Street Bailout, and against LIVING WAGES is threatening our law makers in Washington, DC. Vote for the Bailout Bill, or we will see to it that you have NO CAMPAIGN FINANCING to speak of! Wonder if the moderator will bring up THIS BREAKING STORY.


Do us a favor sports fans...pick up the phone and all the National Chamber of Commerce and tell them to keep their fat assed lobbyist OUT OF THIS, and let the voice of America's MAJORITY be heard. While you have them on the phone, tell them to STOP TRYING TO KILL E VERIFY.

U.S. Chamber of Commerce
1615 H Street, NW
Washington, DC 20062-2000
Main Number: 202-659-6000
Customer Service: 1-800-638-6582

A Good Reason To Vote Against BAILOUT

Again, just in from Politico...well, it has been in for awhile, but i just read the article myself. It seems that George Bush (REPUBLICAN) has given LOBBYIST a CONGRESSIONAL HIT LIST and encouraged them to head to capital hill and start ARM TWISTING! Folks, if this bill is GOOD FOR LOBBYIST and THOSE THEY REPRESENT, it is bad for America, and bad for the Middle Class. Call your elected officials in the House of Representatives and demand that they VOTE NO on the Wall Street Bailout. You can change its name, put lipstick on it but a pig is still a pig, and a BAILOUT IS A BAILOUT.

In the wake of the stunning House defeat of the $700 billion economic rescue plan, the business community has launched an unprecedented lobbying blitz to polish the plan's public image and change some votes.

Since Monday, calls have gone out to local bankers, car dealers, CEOs, small businessmen and virtually every other type of lender and vendor, urging them to corner their local congressmen and tell them how the credit crunch is hurting them — not just some fat cats from Wall Street.

Lists of House members who opposed the package were scoured, traded and passed on. About 80 were identified as primary targets after being deemed potential vote switchers, one insider said.

Wednesday, October 1, 2008

Wealthy and Elite Pork Belly Christmas Tree Wall Street Bailout Bill

I've just finished going through the Wall Street Bailout bill that is adorned with Christmas balls for the upward mobile, that provides NOTHING for the average American, with but one notable exception.

If you are an average American struggling to make your mortgage payments, I highly recommend you consider no longer making your mortgage payments, letting the bank start foreclusure on your home. At least then you have a SMALL CHANCE at the following benefits:

(A) reduction in interest rates;
(B) reduction of loan principal; and
(C) other similar modifications.

For the rest of us...NOTHING. Our interest rates will stay the same, we will recieve no reduction in our principle owed, even though the misdeeds of others have cost us our equity. The only thing we will get, is our portion of the debt from this BAILOUT FIASCO.

Most troubling...this bill will make Secretary of the Treasury Paulson the most powerful man on earth. The bill gives this man never before dreamed of powers, writes into the law his absolute authority.

My advice to every American earning less than $100K a year...stop making payments on your house, your credit cards, and any other loans, including your car. Go buy a safe, and start banking your CASH.

The Senate's Wall Street Bailout Bill

I have just now managed to download the Senate's proposed Wall Street BAILOUT BILL and am starting to was through it. My first question...how can Main Street America have a REAL CHANCE to evaluate this bill of over 400 pages BEFORE THE SENATE VOTES ON IT? Trust me folks, they are about to blow something up OUR COLLECTIVE ASSES.

My first bone of contention is the huge BAILOUT LOOP HOLE that would let Wall Street get rid of almost every BAD INVESTMENT they ever bought. It reads:

(B) any other financial instrument that the Secretary, after consultation with the Chairman of the Board of Governors of the Federal Reserve System, determines the purchase of which is necessary to promote financial market stability, but only upon transmittal of such determination, in writing, to the appropriate committees of Congress.


Read it carefully folks...ANY OTHER FINANCIAL INSTRUMENT! This is FAR WORSE THAN A BLANK CHECK.

More as I wade through this Screw Main Street Legislation.

Tuesday, September 30, 2008

Wall Street's Towering Inferno...The Morning Headlines


Koji Sasahara/The Associated Press
By VIKAS BAJAJ AND MICHAEL M. GRYNBAUM
The drop reinforced fears on Wall Street as investors wondered whether the bailout plan would eventually pass the U.S. Congress. On Tuesday, Asian stocks plunged in early trading.

Issei Kato/Reuters
Stocks plummeted across Asia in panic selling following the U.S. House's rejection of a $700 billion Wall Street bailout.
The House is expected to vote Monday on a $700 billion economic bailout. Here, the U.S. Capitol is seen on Monday morning.
By Mark Wilson, Getty Images

Wall St carnage after banking bailout rejected

The Dow Jones index fell 777 points, a fall of 7 per cent and the biggest drop in a day ever recorded. Watch video

Bailout Turmoil

William Greider: Bowing to public outrage, the House rejects the bailout and Wall Street swoons. It's another deep shock to the system--but an invigorating moment for democracy.

US bailout plan rejected; 1.2 trillion lost in six hours

30 Sep 2008, 0530 hrs IST , REUTERS

In a vote that shook the government, Wall Street and markets around the world, the House of Representatives defeated a $700bn bailout plan for the US financial system.

An electronic board of a Japanese securities firm shows the Dow Jones av...
During today’s record Dow Jones nosedive, American investors lost close to a $1 trillion dollars. So what does it all mean to you? We turned to ABC News financial contributor Mellody Hobson for... [continue]
The World Newser
9:00 PM
The Treasury Secretary said today without the rescue package there will be a credit crunch -- businesses won't meet payrolls -- or purchase inventories. People won't be able to get car loans, college... [continue]
Political Radar
7:05 PM
ABC News' George Stephanopoulos reports: There are meetings going on right now on Capitol Hill to try to figure out what to do about the $700 billion Wall Street bailout bill that failed to pass the... [continue]
The bailout implodes
By Jared Allen Posted: 09/29/08 08:11 PM [ET]
The historic $700 billion bill aimed at rescuing the ailing financial sector went down in a stinging defeat in the House on Monday, leaving Democrats and Republicans pointing fingers as worldwide markets plunged.

Blunt’s count was 10 short
By Jackie Kucinich Posted: 09/29/08 08:09 PM [ET]
When Minority Whip Roy Blunt (R-Mo.) went to the floor on Monday, he anticipated that 75 House Republicans would vote for the revamped financial rescue package.

Pelosi: We promised half, delivered more than half
By Mike Soraghan Posted: 09/29/08 08:07 PM [ET]
Even before the final vote was tallied, Democratic House leaders blamed their Republican counterparts for the bailout package’s failure.
Crushing failure for lobbyists
Posted: 09/29/08 08:04 PM [ET]

The House’s rejection of the Treasury’s Wall Street rescue plan was a defeat not only for the congressional leaders who backed it but also for the business groups that had urged Congress to act.

The U.S. Chamber of Commerce and National Association of Manufacturers warned lawmakers over the weekend that it would “score” the vote, meaning a “no” vote would affect the ratings these groups give to lawmakers at the end of each legislative session. Groups like the American Trucking Associations and the International Franchise Association said the bailout was necessary to avoid a severe economic downturn.


Monday, September 29, 2008

Time For George Bush To Tender Resignation

Say NO To Four More Years OF THE BUSH DOCTRINE!
Today's NO BAILOUT vote is the clearest signal yet that George W. Bush has no power, is far worse than just a LAME DUCK. This vote was/is a no confidence vote on the entire Bush/McCain administration and their FAILED POLICIES. Every member of George Bush's cabinet, his Vice President, all his political appointees, his Supreme Court choices and he himself should immediately TENURE THEIR RESIGNATIONS and go into exile in any foreign country that would have them, as they are NO LONGER WELCOME or WANTED in the United States of America.

Sunday, September 28, 2008

Insurance...GIVE US A BREAK! Just Say No To Bailout

Daddy WarBucks Is Laughing All The Way To Bank With This Bill
The more reading I do on the bailout, the angrier I get...for starters, it is easy to see what the Republicans wanted...another AVENUE TO CREATE RICHES for the already UBER RICH. Read the fine print that makes MORTGAGE INSURANCE MANDATORY as a part of the statute. Simply stated, this means everyone of us that goes out to get a mortgage will now be FORCED TO PAY A FEE to cover an insurance policy that protects the UBER RICH from themselves should greed take hold again in the future (which it will). AIG went bankrupt, needed a $80 Billion dollar bailout because they had offered this EXACT SAME INSURANCE! Now, to stop a similiar crisis in the future, some shrewd Insurance Company Lobbyist have convinced Washington that this crisis would not be here if only they'd been able to make every homeowner purchase a mortgage failure policy...ask yourselves who benefits? NOT THE HOMEOWNER!

Further, why is the United States of American bailing out foreign countries and their banks (LIKE CHINA)? Let other countries bail out their own financial institutions...if HSBC or other lending institutes is on the ropes, let their home country step up to the plate.

As American Citizens, we have ONE SHOT at changing this bill! The Lobbyist had a field day last week, are sitting back licking their chops as they laugh at our stupidity. We need to take this CORPORATION PORK BARREL BILL and ram it back up the ASS of Congress and tell them THANKS BUT NO THANKS, go back to the drawing board.

No BULL...The Real LINE on BAILOUT Bill

As the news media banters about the bailout deal, yesterdays notes and negotiated lobbyist tainted agreements have been put into the hands of Capital Hill lawyers to be put into proper Bill format. In laymans terms...a bad bill is about to get worse, and we are going to get screwed even harder than we think. Let us look at some of what we know about this rancid bailout bill that panders to the rich and elite at the expense of us in the lower and middle class.

• The initial funding would be $250 billion. Another $100 billion would be subject to the president’s request.

Ask yourselves...why even bother putting in that little caveat about $100 Billion being subject to the president's reguest? Is there anyone out there that believes said request won't be forthcoming before the ink on the man's signature is dry? If you do, I have a Bridge to Nowhere I would like to sell you.

• The final $350 billion could be available upon another presidential request but would be subject to a congressional disapproval resolution, which would then be subject to presidential veto.

Pay attention here FOLKS...first, this is a SECOND $350 Billion dollars. Next, the Congress could disapprove of disbursing this funding, but the PRESIDENT COULD VETO IT. Is this what the negotiators call protecting taxpayers? Mark my words, if just for spite, George W. Bush will make sure every penny of this EARMARK for the rich and elite is in the pipeline before he leaves office.

• There would be no time restrictions on the release of the funds, so the total potentially could be paid out over a very short time.

As predicted ABOVE, there is no TIME RESTRICTIONS on this bailout...ask yourselves folks, do you really trust George Bush and Mr. Paulson to spend $770 Billion dollars of our taxes between now and the end of the year?

• There will be a limit on golden parachutes for departing executives of troubled financial firms, but the plan is quite complicated and, “I think that should be left until you have the legal draft,” he said.

Quite complicated? Why? Lets make it STRAIGHT FORWARD, a $400,000 salary cap, end of story! This little caveat is a LOBBYIST DREAM, and one that they will be RICHLY REWARDED FOR. Americans should be burning up the phone lines into Capital Hill.

• There is no bankruptcy modification provision but foreclosure forbearance is part of the deal.

So, Wall Stree FAT CATS get $770 BILLION DOLLARS, and all we as tax payers get is NOTHING...lets explain foreclosure forbearance...you get an extra 30, 60 or 90 days before the GRIME REEPER arrives to throw you out into the street.

Here is the biggest INSULT OF ALL...remember our OWNERSHIP? You know, we bail you out, we get ownership SHARES...not exactly, and we should SCREAM BLOODY MURDER ON THIS ONE.

You see, we don't get SHARES, but instead will be issued WARRANTS! Do you know what a WARRANT IS?

In finance, a warrant is a security that entitles the holder to buy stock of the company that issued it at a specified price, which is usually higher than the stock price at time of issue.

Warrants are frequently attached to bonds or preferred stock as a sweetener, allowing the issuer to pay lower interest rates or dividends. They can be used to enhance the yield of the bond, and make them more attractive to potential buyers. Warrants can also be used in private equity deals. For instance, it was a common practice during the height of the dot-com bubble for a landlord of sought-after commercial real-estate to demand warrants from high-tech startups as part of the lease agreement. Frequently, these warrants are detachable, and can be sold independently of the bond or stock.

Corporations issue warrants to enhance the future value of their stock to the people holding it.

A) Why not STRAIGHT OUT STOCK OWNERSHIP?

B) Who holds these WARRANTS, and how are they going to be exercised, and when? If we are already giving them $770 Billion dollars, why do we have to turn around and spend MORE TAX PAYER MONEY TO BUY STOCK?

THUMBS DOWN ON THIS ONE FOLKS




Tuesday, September 23, 2008

How To Waste John McCain's Campaign Resources


Today in the mail I got not one, but two fund raising letters from Senator John McCain wherein he (or his staff)warn me of the dire circumstances of choosing the wrong man for the job. He trots out his same old George Bush policies of cutting taxes for the UBER RICH, and waiting for everything to trickle down to normal people like you and I. The letter goes on to ask me to make a GENEROUS CONTRIBUTION of up to $1,000, and telling me it is vital that I respond today.

Now, both of these fund raising letters came with a SELF ADDRESSED STAMPED ENVELOP! So, I sat down and wrote John McCain not one, but TWO scathing letters. I then inserted each into one of the SASE he'd been so kind to give me. Now, a member of his staff is going to have to recieve that envelope, open that envelope, and throw its contents away. Can you imagine 100,000 people following SUIT in this close election cycle? So people...if you support Senator Obama and recieve these mail fund raising letters, take advantage of the situation to waste Senator John McCain's limited resources.



*News note...Senator McCain today says it is wrong for average Americans to fill up the gas tanks of corporation tycoon heliocopters...does he feel it is wrong for Average Americans to fill up his wife's corporate Lear Jet?

Monday, September 22, 2008

Just In From "The Hill"...Lobbyist Trying To FUCK HURTING MIDDLE CLASS

Just in from "The Hill" a disturbing news item. We all knew that the lobbyists would be combing the halls of Congress on behalf of their clients, trying to shape the Bailout, control who got what, and who gets tossed to the cutting room floor...well, lobbyist are trying to once again cut out the middleclass, punish those who have been hurt most in this mess...anyone holding a mortgage! Call your elected officials in Washington, DC now and tell them no help for the middleclass, no BAILOUT!
Lobbyists seek change to language
Posted: 09/22/08 08:03 PM [ET]

Lobbying on the rescue plan for Wall Street intensified Monday as the package moved to Congress, giving advocates another avenue to alter the language in ways favorable to their clients.

Up to now, the actions to stem the financial calamity on Wall Street have been carried out by the Treasury Department and the Federal Reserve, with little involvement from Capitol Hill.

But the $700 billion plan to purchase bad debt from financial institutions and unclog credit markets requires Congress to act. The Bush administration urged lawmakers to pass a clean bill, but now there are more viewpoints that have to be considered.

Some Democrats already indicated the package may not pass until next week — news that sent stock prices tumbling and stressed some business lobbyists.

“If we don’t move quickly, we could be in the soup,” said Bruce Josten, the chief lobbyist of the U.S. Chamber of Commerce.

Complicating lobbyists’ efforts was the difficulty of keeping track of all the various counterproposals to the administration’s bill.

One financial services lobbyist said his group was keeping a flow chart to try to keep track of who on Capitol Hill was pushing what.

“It ebbs and flows,” the lobbyist said. “It literally changes by the hour.”

Added Josten: “I think every 10 minutes, something changes here. I think they are wrapped up in it. It’s hard to tell what’s in, what’s out.”

One congressional reaction that emerged — Senate Banking Committee Chairman Chris Dodd’s (D-Conn.) response to the rescue package — wasn’t favorable to many of K Street’s banking clients, who oppose one provision in particular: giving bankruptcy judges the power to lower mortgages for distressed homeowners.

“We are vigorously opposing that,” said Steve Verdier, a lobbyist for the Independent Community Bankers Association (ICBA). “If that happens, then the mortgage rates for other consumers are going to go up.”

What Does Australia Know About Washington Bailout of Wall Street That We Don't?

OK, all day long the $770 billion dollar bailout of Wall Street has been all over the news as our stock market floundered...so, what does Australia know that we don't? Their papers are saying it's a $830 Billion dollar bailout...where do they get the extra $60 Billion, and what is it going to be used for?

On a side note...is it time for all of us who have lost our equity through no fault of our own to WALK AWAY FROM OUR HOUSES, STOP PAYING OUR MORTGAGES?
Shares fall as doubts grow over US rescue plan

Stocks are falling on the Australian share market as fears increase over the $830 billion plan to save the US financial sector.

Australian stocks have fallen 2 per cent, reversing some of the 9 per cent rally of the past two sessions.