Bankster Blog
Some will rob you with a six-gun;
And some with a fountain pen.
Senator Dodd Doubles Down on a Losing Bet
Submitted by Mary Bottari on March 8, 2010 - 09:06Watching the devolution of the bank reform bill in the U.S. Senate has been painful. Banking Chairman Chris Dodd’s original proposal unveiled last year had numerous strengths, most significantly the removal of bank supervisory authority from the Federal Reserve. Dodd had decided that the Fed had done such a lousy job ignoring the housing bubble and failing to crack down on predatory lending in the mortgage market that it shouldn’t be given a second chance.
How Goldman Wins No Matter What
Submitted by Mary Bottari on March 2, 2010 - 20:53The steady stream of revelations regarding the role Goldman Sachs has played in the fleecing of Europe should reinvigorate efforts in Congress to rein in the reckless trading that could send the global economy into another tailspin.
Urgent Action Needed on Unemployment
Submitted by Mary Bottari on March 2, 2010 - 19:09One Man's Temper Tantrum Cuts Unemployment Benefits for 200,000 People!
One Senator, Jim Bunning (R-KY), was able to stall Senate action so that the federal extended Unemployment Insurance program expired on February 28. Watch the video, of Bunning running from reporters asking him why he is objecting to renewing this lifeline for American workers and the communities where they live. More than 200,000 long-term unemployed people this week alone are losing benefits they should be getting. If Congress delays further, up to 1.2 million will lose desperately needed benefits by the end of March. Take action today by going to BanksterUSA and sending a message to your member of Congress to save Unemployment Insurance!
| Protect American Families |
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| Say No to Boom and Bail! |
It's crunch time for financial reform. The House passed a bill in December. In March, the Senate takes up the issue. The final bill that emerges will set the shape of the American economy for the next 50 years. Now is the time to tell the Senate we need strong rules to crack down on the reckless behavior of the big banks that caused the financial crisis. American families need a strong Consumer Financial Protection Agency and cannot afford a "boom and bail" economy.| Save Unemployment Insurance! |
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| Save Unemployment! |
In March, the first one million Americans will lose their Unemployment Insurance unless Congress acts. Millions more will follow. The impact will be devastating on American families and communities as foreclosures driven by unemployment accelerate and as small businesses lose billions in revenue from paying customers. Tell Congress to save Unemployment Insurance now!Headlines
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