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December 15, 2014 06:31 AM UTC

Monday Open Thread

  • 14 Comments
  • by: Colorado Pols

"The entire world would perish, if pity were not to limit anger."

–Seneca

Comments

14 thoughts on “Monday Open Thread

  1. Why did Ed Perlmutter, someone representing Lakewood and Thornton, vote to give Citibank an early Christmas present? Is Citi big in Thornton? Did they finance something on Arapahoe I need to know about? I like the guy, but this "New Dem" bullshit has got to stop.

    Democrats were central players in the spending bill negotiations and signed off on the inclusion of the derivatives language. In exchange, the Securities and Exchange Commission and Commodity Futures Trading Commission, the two derivatives regulators, were given modest funding increases. People involved in the process said other Republican-backed policy changes to the law were blocked. The White House was aware of the trade off and while Obama opposes the Dodd-Frank changes, he supports the bill's passage, according to White House Press Secretary Josh Earnest.

    You can always expect these congressmen, along with the younger brother of corrupt NJ boss George Norcross (Donald), who I also expect to see join the New Dems, to trample the interests of ordinary working families in favor of the interests of their Wall Street and Big Business financiers.

    Clueless players like the naive and badly run League of Conservative will rue the day they ever wasted their contributors' money on Graham. We haven't run a membership list of the New Dems before, although we often write about how they tend to vote as a group against progressive initiatives. On Thursday, for example, of the 57 Democrats who crossed the aisle to vote with the GOP to deregulate the banksters, 30 were New Dems: Ron Barber (AZ), John Barrow (GA), Ami Bera (CA), John Carney (DE), Gerry Connolly (VA), Susan Davis (CA), John Delaney (MD), Bill Foster (IL), Pete Gallego (TX), Jim Himes (CT), Ron Kind (WI), Ann Kuster (NH), Dan Maffei (NY), Sean Patrick Maloney (NY), Carolyn McCarthy (NY), Gregory Meeks (NY), Jim Moran (VA), Patrick Murphy (FL), Bill Owens (NY), Ed Perlmutter (CO), …..

    The People are sick of it, Ed. It might be smart polititics inside the DC bubble, but the bubble has burst and voters are onto what goes on there. Citibank doesn't need Ed Permutter's help. The Middle Class does.

  2. Bernie wants to break up the Too Big to Fail banks…….I'm guessing smart guys like Michael Bennet and Ed Perlmutter will see that these banks should not be allowed to harm our economy once again:

    "Enough is enough. Almost all of the too-big-to-fail banks are bigger and even more powerful than they were before we bailed them out. The six largest financial institutions have over $9.8 trillion in assets — the equivalent of more than 60 percent of GDP.  They issue over half of the mortgages and more than two-thirds of the credit cards in America

    “If Congress cannot regulate Wall Street, there is just one alternative.  It is time to break these too-big-to-fail banks up so that they can never again destroy the jobs, homes, and life savings of the American people.

    “At the beginning of the new Congress, I will be introducing legislation that will break these behemoth banks up once and for all. If a financial institution is too big to fail, it is too big to exist.  I look forward to working with both progressive and conservative Senators who have the courage to stand up to Wall Street and protect the working families of this country,” Sanders said.

    It'll be bipartisan. Just the thing Bennet loves most….

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