Can we stop this guy?
Mike Carpenter Energy Recovery Group, LLC 800-979-6453 503-508-8452 Skype - USBiodiesel1 mikecgr...@comcast.net On 3/6/13 3:09 PM, "Darryl McMahon" <dar...@econogics.com> wrote: >http://truth-out.org/news/item/14977-on-the-news-with-thom-hartmann-congre >ss-passes-the-dodd-frank-wall-street-reform-act-and-more > >On the News With Thom Hartmann: Congress Passes the Dodd-Frank Wall >Street Reform Act, and More > >Wednesday, 06 March 2013 14:47 > >By Thom Hartmann, The Thom Hartmann Show | Video > >(link includes a video) > >In today's On the News segment: Congress passed the Dodd-Frank Wall >Street Reform Act to regulate the Wall Street banksters; the Obama >Administration says it has the right to kill you, and in response, >Senator Rand Paul is mounting a real-live talking filibuster; >minimum-wage workers in New York state could be getting a raise, and more. > >You need to know this. In 2010, Congress passed the Dodd-Frank Wall >Street Reform Act to regulate the Wall Street banksters, who crashed our >economy in 2008. Despite the fact that many people believe the law >doesn't go far enough, Republican lawmakers have spent the past two >years working to undercut and water-down the legislation. And Senator >Richard Shelby of Alabama thinks the banksters shouldn't be burdened >with any regulations at all. Instead of working to prevent Wall Street's >high-stakes betting from causing another economic disaster, Sen. Shelby >plans to introduce legislation that would require a cost-benefit >analysis on any new financial regulations before they can be enacted. >This is more than just the typical watering-down of legislation we see >from Republicans...this is an attempt to block Wall Street regulation >altogether, and an effort to put bankster greed ahead of the needs of >our nation. According to Shelby, "if a regulation's cost outweighs its >benefits, it should be thrown out." Wouldn't it have been great if Wall >Street had done a societal cost-benefit analysis before gambling with >our economy? Or if they had to prove that their greed couldn't take down >our entire financial system again? Seems to me that Wall Street, which >hit a record high yesterday, is doing just fine under the current >regulations. The Dodd-Frank Act doesn't go far enough. It's time to >strengthen regulations, and implement a financial transaction tax to >make Wall Street banksters pay for the risky bets they make with our >economy. > >In screwed news... The Obama Administration says it has the right to >kill you, and in response, Senator Rand Paul is mounting a real-live >talking filibuster on the floor of the Senate. Sen. Paul's outrage is in >response to a letter he received from Attorney General Eric Holder, >which claims it's possible "to imagine an extraordinary circumstance" in >which the President could use drones against citizens right here at >home. Holder wrote the letter to Rand Paul to avert holding up the >nomination of Obama's pick for CIA director - John Brennan - over the >legality and limits of the drone program. So, in the past two months, >we've gotten the so-called legal reasoning for drone strikes in foreign >countries, and the Administration's justification for taking out >American citizens overseas. Now Eric Holder says it's "appropriate under >the Constitution" for Obama to use drones within our borders. I guess >the only question left is what "extraordinary circumstance" could the >President use to justify the first in-country drone strike when and if >it happens. > >In the best of the rest of the news... > >Minimum-wage workers in New York state could be getting a raise. >Yesterday, that state's Assembly voted to increase the minimum wage from >$7.25 to $9 per hour, and include automatic increases tied to inflation. >The bill passed 101-44 in the Assembly, but is now stalled in the State >Senate. Assembly Speaker Sheldon Silver called for the increase in >response to President Obama's State of the Union speech last month. The >proposal is not far off from a Governor Cuomo's recommendation, which >calls for raising the minimum wage to $8.75 as part of a budget proposal >later this month. State Senate Republican Leader, Dean Skelos, has >spoken out against the increase, saying, "It just seems to be 'how high >can you go?' with them." But some New York Republicans may be in the >mood to bargain trading an increase in the wage for some middle class >tax cuts. It's about time for all workers get paid a living wage in our >nation, and $9 isn't there yet, but it's nice to see New York moving in >the right direction for low-wage workers. > >Venezuelan President Hugo Chavez passed away yesterday, at the age of >58. Calls for peace and unity came from Venezuelan officials as the news >broke in the deeply divided nation. Chavez supporters swept in to >Caracus Square soon after the news that the leader had succumb to his >long battle with cancer. Vice President Nicolas Maduro called on the >nation to remain peaceful, saying, "we must unite now more than ever." >Chavez was both praised and criticized by many during his time as >President, which began in 1999. Despite a coup attempt, various alleged >assassination attempts, and open criticism from some of our own leaders, >Hugo Chavez was repeatedly reelected by the vast majority of voters in >Venezuela. The government of Venezuela has declared a seven day national >mourning period, and the voters will select a new president in 30 days. >We'll have to wait and see who Venezuelans pick to lead their nation next. > >A state judge in Pennsylvania is standing up for the poor. Governor Tom >Corbett diverted funds from low-income health insurance programs to >finance other items in his state's budget, but Commonwealth Judge Dan >Pellegrini has ordered Corbett to reinstate funding to the vital health >programs. William R. Caroselli, the attorney representing more than 100 >program recipients, said, "What the administration did was reprehensible >and we're pleased the Commonwealth Court ordered them to reinstate this >important program." An attorney for House Speaker Sam Smith, one of the >lawmakers responsible for diverting funds, said his client will try to >get the ruling overturned. It's shameful that Republicans in >Pennsylvania want to balance the budget on the backs of the poor, but >thanks to Judge Pellegrini, they're not getting away with it for now. > >-- >Darryl McMahon >Author, The Emperor's New Hydrogen Economy >_______________________________________________ >Sustainablelorgbiofuel mailing list >Sustainablelorgbiofuel@lists.sustainablelists.org >http://lists.eruditium.org/cgi-bin/mailman/listinfo/sustainablelorgbiofuel _______________________________________________ Sustainablelorgbiofuel mailing list Sustainablelorgbiofuel@lists.sustainablelists.org http://lists.eruditium.org/cgi-bin/mailman/listinfo/sustainablelorgbiofuel
