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Economy Republicans

Republicans on Unemployment

Even the Republicans that are out of work are complaining about the Republicans in Washington that have denied the current unemployment benefit extension.  It must be nice to have a job in Washington DC with a salary and benefits paid for by taxpayers.

Read all about it here from the Wall Street Journal and DailyKos

UPDATE:

The Tea Party candidates don’t care about these lazy Republicans.  Put a Tea Party member in Congress and it will only get worse because they also want to dismantle Social Security.

Don’t let them fool you because the Tea Party and Republicans are the “death panel” parties.

Don’t let the Tea Party and Republicans make you feel demoralized.  Get out and vote in November and vote Democratic because your life depends upon it.

Categories
Banking Economy Financial Markets Politics Videos

Financial Modernization Act of 1999

Senator Byron Dorgan (D-ND) was prescient when he gave this speech in the Senate on November 4, 1999 regarding the Gramm Leach Bliley Act.

Yes, Virginia, Senator Dorgan saw a light at the end of the tunnel and he knew a train was coming. He knew it wasn’t sunshine and that the passage of the Gramm Leach Bliley Act would eventually bring down our economy.

Part 1

(http://www.youtube.com/watch?v=OvnO_SH-4WU)

Part 2

(http://www.youtube.com/watch?v=veAOoQEy0PI)

Did you hear Senator Dorgan say “Too big to fail“? These words are so familiar to us. Unfortunately, Congress didn’t heed Senator Dorgan’s words. He predicted that we would be visiting the failures in 10 to 15 years as a result of passing the Gramm Leach Bliley Act and Congress didn’t listen.

(h/t to skymutt at Daily Kos)