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wacky Wednesday &some News


Among the good things going on today include the President’s signing of the  Wall Street reform bill, Congress with the additional vote of Carte Goodwin and a couple of Republicans have advanced the UI benefits bill  through cloture. Though Republicans used the 30hr cloture process to delay the vote …Unemployment Bill HR4213 and possibly the Jobs Bill HR5297 will both pass though watered down significantly. The President has done plenty that will improve the lives of Americans. We the People need to be reminded of the accomplishments and so, going back 18 months and remember that the President signed the lily Ledbetter bill, the treaty with Russia to reduce nuclear weapons, same sex couples working for the government have more rights than before and working laws that cover everyone not just a select few, he is working on DADT and the GM bailout helped millions of people keep their jobs and President Obama should be commended for it.

My rant for today is the wacky behavior and comments though not limited to folks on the right is definitely more disingenuous, and seems much more dangerous typical hater rhetoric. I may not agree with how people on the left of center act or independents who seem willing to throw our President under the bus but people on the right and or Republicans have been the least compassionate in this time of need.  As for folks on the left acting wacky in my opinion. I am very upset that the Stupak amendment is still alive and women, sisters and daughters need to rise up against any legislation that refuses to recognize us as responsible people of the United States who should have the right to choose. It is the 21st Century and this whole abortion thing should not even be on anyones table of well we cannot let women have the right to make their own decisions even if they agree to pay for that right with their own money.  They call people names when they don’t get their way, they race-bait, provoke fear whenever they can and not only is it wacky don’t they get it, the things they refuse to give Americans also effects their constituents. Yes,  i did vote for Obama and will again because Republicans/Conservatives proved themselves useless. Republicans have no one in charge, no solutions only complaints and the solutions they do have are only for the top 2% and that 2% has been getting breaks for too long it’s obvious that Bush, Cheney and Paulson all f’d us and because of that i personally am subscribing to what works and that is the government right now. If you watch the movie, “House of Cards.” you would understand why Wall Street types, capitalists like Bernie madoff and others like him engaged in creative accounting. The big Wall Street folks such as AIG created a monster and the pay out by aig to various Banks was great, it worked its way overseas to become something too big to fail … Is that the kind of Capitalism you want? Then you are foolish… Capitalism does not mean firms should engage in cooking the books, secret transactions and or becoming bigger than their sum value or investing in schemes … that — is what happened …

We the People need capitalism with a small c and a lot more regulation … with a huge R


Other News …

**US declares new sanctions against N.Korea


C-SPAN ..

President Obama to Sign Wall Street Bill into Law

President Obama will sign into law today the financial regulation bill (H.R. 4173), the Restoring American Financial Stability Act of 2010, which has been one of the White House’s top domestic priorities after the passage of health care legislation. The Senate passed the bill last week by a vote of 60-39, with the support of three Republicans: Sen. Brown (R-MA), Sen. Collins (R-ME) and Sen. Snowe (R-ME). The House voted and approved the bill by 237–192 last month, also with support of three Republicans. The measure became a priority of Democratic leadership in congress after the 2008 financial collapse. The legislation creates a Consumer Financial Protection Bureau, as well as other provisions to protect consumers from predatory lending.

Lawmakers Review Progress of TARP

Special Inspector General for the Treasury Department, Neil Barofsky, along with Elizabeth Warren, the chairwoman of the Congressional Oversight Panel, are testifying before the Senate Finance Committee to investigate the progress of the $700 billion Troubled Asset Relief Program (TARP). Committee Chairman, Max Baucus (D-MT) is asking the witnesses about government efforts to pay back TARP losses, as well as the effects of the recently passed Wall Street Reform legislation.

Bernanke to Provide Semiannual Economic Report

Federal Reserve Board Chairman Ben Bernanke will present his biannual testimony on monetary policy this afternoon to the Senate Banking Committee and Thursday before the House Financial Services Committee.
Lawmakers are likely to press Bernanke on the status of the economic recovery, with a focus on whether he believes another round of fiscal stimulus is required. His testimony comes at a time when there is concern that economic growth may be slowing due to the high unemployment rate.
The Fed meets regularly to consider its policy, which influences the availability and cost of money and credit.