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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIn an honest system there would be a scandal, an investigation and those responsible prosecuted
http://www.smirkingchimp.com/thread/dave-johnson/60069/what-does-wall-streets-budget-bill-victory-say-about-our-democracyThe budget bill called the Cromnibus (for Continuing Resolution and OMNIBUS budget bill) passed over the weekend. It included a provision undoing part of the Dodd-Frank Wall Street regulation bill, allowing banks to gamble on derivatives using money from taxpayer-protected accounts. Citibank literally wrote the provision and paid someone to put it in the bill.
This Citibank provision undid months of hard work getting the Dodd-Frank bill in place. No one in the House or Senate would admit to putting it in the bill. No one would say they supported the provision. But House/Senate leadership would not take it out of the bill because it was part of a deal. And, of course, it was put in at the last minute, making the choice vote for it or shut down the government....
How could something like this be in a bill if no one put it in the bill and no one indicated support for it? How is it that We the People not get it taken out if no one would say they put it in and no one would say they support it?
How FAR can we go from the principles of democracy, transparency, accountability and everything the country, the Constitution and the Congress are supposed to stand for? This is one more example of how the economy is rigged against We the People. It is an example of how the government now works for a wealthy few against the interests of the rest of us.
This Citibank provision undid months of hard work getting the Dodd-Frank bill in place. No one in the House or Senate would admit to putting it in the bill. No one would say they supported the provision. But House/Senate leadership would not take it out of the bill because it was part of a deal. And, of course, it was put in at the last minute, making the choice vote for it or shut down the government....
How could something like this be in a bill if no one put it in the bill and no one indicated support for it? How is it that We the People not get it taken out if no one would say they put it in and no one would say they support it?
How FAR can we go from the principles of democracy, transparency, accountability and everything the country, the Constitution and the Congress are supposed to stand for? This is one more example of how the economy is rigged against We the People. It is an example of how the government now works for a wealthy few against the interests of the rest of us.
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In an honest system there would be a scandal, an investigation and those responsible prosecuted (Original Post)
HomerRamone
Dec 2014
OP
spanone
(135,834 posts)1. in an honest system bush, cheney, rumsfeld, yoo and all would be indicted for torture.....
it's not an honest system at all.
PoliticAverse
(26,366 posts)2. Kevin Yoder put it in...
See: http://www.cnn.com/2014/12/16/politics/kevin-yoder-citigroup-elizabeth-warren-wall-street/index.html
And by definition everyone who voted for the bill 'supported it'.
GeorgeGist
(25,321 posts)3. The Criminalbus has left the station.
Oilwellian
(12,647 posts)5. Right next to the Crony Bus
I wish I could remember who the DU'er was that came up with that clever name and give credit where credit is due.
woo me with science
(32,139 posts)4. Huge K&R
Scuba
(53,475 posts)6. Sickening. Another betrayal.
99Forever
(14,524 posts)7. The USA stopped being anything like honest a long time ago.
It has just become more blatant about it.