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Derivatives Traders Lobby Sells Out America!

serfserf Member Posts: 8,954 ✭✭✭✭
edited December 2014 in Politics
Let's hope that this provision in the bill of omnibus budget reconciliation act 2014 will fail! The Big banks with The Republicans are trying to gamble our future away but to be fair it's has already happen in 1999 with both so called bipartisan parties supported Bill Clinton repealing the Glass-Steagall act!!

Shutting down the government however will just kill the dollar faster! Damn if you do and damn if don't! What a fine mess our Republic is in!


Sen. Elizabeth Warren (D-Mass.) called on Democrats in the House to use their leverage and reject a bipartisan spending bill to keep the government open until a measure tucked inside rolling back a piece of the Dodd-Frank financial reform law is removed.

"Who does Congress work for?" Warren said in a speech on the Senate floor Wednesday afternoon. "Does it work for the millionaires, the billionaires, the giant companies with their armies of lobbyists and lawyers, or does it work for all the people?"Warren's call went further than House Minority Leader Nancy Pelosi, who said Wednesday that she is "deeply troubled" by the banking measure. The Democratic discontent with the measure could make passing the bill more difficult, as House Speaker John Boehner is not expected to have enough votes on his own.


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