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Tag | Senate

Bush’s Regulation Blizzard Clock Stopped

Posted on 12 November 2008 by Denis Campbell | Comments (0) | Tags: 111th Congress on 6 January, 15 January 2009, 60-days to review and reverse with a simple party-line, Barbara Boxer, Bush's Regulation Blizzard Clock Stops, Congressional Review Act of 1996, could reverse the Bush Administration's midnight regula, Denis Campbell, Ed Markey, even ones already in effect, George Bush, growing support in Congress, House, instructed federal agency heads to make sure any new re, obscure piece of legislation, Senate, sneak it through, W's team wants to finalize energy and environmental reg, White House chief of staff Joshua Bolten, White House made a timing mistake

 

by Denis Campbell
Just when George Bush thought he could sneak it through, there is growing support in Congress for an obscure piece of legislation that could reverse the Bush Administration’s midnight regulation rush — even ones already in effect. W’s team wants to finalize energy and environmental regulations by November so Barack Obama can’t undo [...]

Senate Dems Race to 60 Seats

Posted on 15 October 2008 by Denis Campbell | Comments (0) | Tags: 1/3 of the 100 member, 51 Senator majority coalition, 6-year termed Senate seats. up for re-election, 60, 7th 6-year term at age 85, Al Franken, Alaska, Alaska’s current Governor and Republican Vice President, Anchorage Mayor, Bill Clinton, Bruce Lundsford, caucus with the Democrats, colorado, constitutional tie-breaking vote for the Republicans, Democrat Jeff Merkley, Denis Campbell, equally critical to whoever becomes the new President, former KS Senate majority leader, George Bush, Georgia, Governor Barbour, Governor Bill Richardson, Governor Jeanne Shaheen, governor Ronnie Musgrove, huge repudiation defeat for Sarah Palin, important number, Jim Gilmore, Jim Jeffords of VT, Joe Lieberman of CT, John Sununu, Kentucky, long-time Republican Senator John Warner, Maine, Mark Begich, Mark Udall, Mark Warner, McCain, Mike Gravel in 1974, Minnesota, Mississippi, Mitch McConnell, Mo Udall, New Hampshire, New Mexico, Norm Coleman, North Carolina, obama, Oregon, Pete Domenici, race for control of both houses of the US Congress, required to halt/prevent crippling filibusters, Roger Wicker, Senate, Senate Dems Race to 60 Seats, Senator Elizabeth Dole, Senator Gordon Smith, son of the former Bush Sr. Chief of staff, state governorships, state Senator Kay Hagan, strained by Lieberman’s very public support of John McC, Susan Collins, Ted Stevens, Tom Udall, tough fight from Tom Allan, Trent Lott resigned suddenly, two Independent Senators, very angry, Vice President, Virginia, VP candidate Bob Dole, Wayne Allard

 
by Denis Campbell
While the Presidential contest gets the most press, the race for control of both houses of the US Congress and state governorships is equally critical to whoever becomes the new President. 60 in the Senate is such an important number because that is the number of votes required to halt/prevent crippling filibusters which [...]

Senate Plop-plop, Fizz-fizz

Posted on 02 October 2008 by Denis Campbell | Comments (1) | Tags: 000 cut in his bank business credit line, 1991, 80-years as Florida’s corporate bank, Bank of America, Bank of Boston, bi-partisan decision to save global credit markets, Blue collar Brockton, California, captain of the Exxon Valdez, cardboard boxes, cavalier attitude, Charley James, Comptroller of the Currency, credit crack addicts, decimated, do without the hassle, First Union Bank acquired fire sale assets, Fleet Financial, Florida, founded in 1784, gobbled up by Wachovia, hard to feel sorry, hatred for bankers, London City HQ, mailing free credit cards to students and infants, Miami’s Southeast Banking Corporation, new-found religion of ‘prudent restraint’, real estate broker, rescued by Citigroup for the fire sale price of $1 a sh, school bully, Senate, shut off the lending spigot, Southeastern Massachusetts, strangling markets, Terri Tobin-Young, trying to sleep it off, typically over-reacted, unilateral $10, USA’s oldest chartered bank, Wall Street, who kicks your butt seven ways to Sunday to get ‘them’, years of irresponsible lending

 

by Denis Campbell
$700,000,000,000… oh what a relief, it is! With apologies to Alka-Seltzer, one chamber crawled out of the sandbox and reached an unpopular but bi-partisan decision to save global credit markets last night as banks held a Russian Roulette pistol with six chambers full to our heads and yelled, “stop me before I shoot.” 
Crisis [...]

The Bailout: The Really Fine Print Is Really, Really Scary

Posted on 25 September 2008 by Charley James | Comments (0) | Tags: 000 outstanding at any one time, 000+, ad nauseum, banks, Bush-Paulson Wall St. bailout, deep thanks for noticing Treasury, Hank can buy up another $700-billion worth of junk to g, Hank Paulson Sweater, HAPASWEAT, he wants to give us a warm and cozy feeling as he pulls, House, If whatever the taxpayers buy turns out to be worth zer, insurance companies, Mother Jones, never-ending bailout, Nomi Prins, other bailed out lenders profit from the crème de la cr, public is left holding an expensive empty sack, Really Fine Print, scary, Sec. 6 of the newly-named Troubled Asset Relief Program, Senate, TARP, The Bailout, the Secretary's authority to purchase mortgage-related, What “at any one time” means when it’s not raining is t

 
by Charley James
Assuming that the Bush-Paulson Wall St. bailout gets changed drastically by the time it’s passed, we can all tip our hat to Mother Jones. With everyone on the Hill screaming about the power grab Treasury Secretary Henry Paulson is trying to engineer, the magazine’s Nomi Prins deserves a deep thanks for noticing the [...]

“The Fierce Urgency of Now,” 45 Years Later

Posted on 05 June 2008 by Denis Campbell | Comments (0) | Tags: Bobby Kennedy, Chicago, clinton, I Have a Dream, John McCain, Kenya, Martin Luther King, Minneapolis, obama, President, Senate, Xcel Energy Center

The last 36-hours have been overwhelming in historical significance. A young black man, born of mixed-race parents, raised by a single white mother in Indonesia and later white grandparents in Hawaii, obtained a top Ivy League education, worked as a lawyer in Chicago helping to organise union members, ran unsuccessfully for Congress, then became a [...]

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