Bachmann: Stop Barney Frank’s power grab in the financial sector
posted at 11:36 am on December 11, 2009 by Ed Morrissey
Is Rep. Michele Bachmann a “lovable little fuzzball”? Those of us who know her on a more personal basis know that’s a pretty good description of Michele personally, but politically, she’s about as tough as they get. Breitbart TV’s B-cast interviews Bachmann, who brings listeners up to date on Barney Frank’s financial-reform legislation, which dropped on the House last week. It’s 1300 pages long, and the vote will be taken — today. It reorders the entire financial-services industry and vastly increases government control over it. Oh, and ACORN, too.
Frank bypassed the committee process, according to Bachmann, and she doesn’t see much hope for stopping it in the House. She wants to encourage people to put pressure on the Senate, where she thinks the bill can be stopped (via Powip):
Does calling Congress actually work? Bachmann says it absolutely does. She also encourages people to call their Representatives today to at least try to stop this bill, but like Bachmann, I think the chances of stopping it there are negligible, especially since Nancy Pelosi and Barney Frank have a 75-seat majority and the bill has flown under the radar during the health-care debate in the Senate. It will be tough to stop in the upper chamber, but not impossible. We just need to get this on our radar screen quickly and start perusing its 1300 pages more than members of Congress did before having it crammed down their throats.










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Sheesh one more try this is the 2nd the 3rd above now works
http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.4173:
stacy on December 11, 2009 at 3:25 PM
Sorry about the double post on page 1 of the comments….I think I need to go lay down, maybe get drunk then lay down.
stacy on December 11, 2009 at 3:28 PM
Dream ticket: Palin/Bachmann or Bachmann/Palin.
petefrt on December 11, 2009 at 3:39 PM
Some days that’s the best thing to do.
petefrt on December 11, 2009 at 3:41 PM
Everytime I think that it can’t get worse it does. I WANT these COMMUNISTS OUT!!!!!! What’s the next step? When are we going to uphold our end of the Constitution, we are NOW responsible to preserve the Union. Maybe some citizen arrests on our “representatives” may in order. Just saying.
margretto on December 11, 2009 at 3:53 PM
My Congressional Rep. is Liberal-Statist Diana Degette (CO) – I can’t think of a bigger waste of my anytime minutes. She is a mini Pelosi in training. All I can do is donate to her next opponent and campaign for that person. DD is a lost cause – she could care less what I think.
Jussi on December 11, 2009 at 4:19 PM
Do you by chance mean this HR 4173?
And if so have you lost your mind?
The first link below is the Congressional record of the first few hours of the debate for this bill on 12/10 They will vote on it today, 12/11
The second link is to the bill itself. Just scroll down the page, you…uh…may want to double or triple your dose of pain meds first tho
The third link is to a page that you can skim through to give you a general idea the duties and powers of the comptroller that turbo-tax timmy gets to appoint The Comptroller of Currency and the Coropration. They will replace the Office of Thrift Supervision. Basically they will take over all financial institutions, ALL, right down to the school lunch lady giving a kid credit for the day. They have the power to judge them insolvent, and then seize them, break them up and sell them. If the institution has branches(even healthy ones) they get them too. They can change the rules and regulations as they see fit. Oh, and there is no congressional or senatorial oversight. They do have to inform them, even at times consult with them, but still they get to decide. I’m sure they would play fair tho. Oh one other thing, they can keep the employees from the Office of Thrift, and have to, unless they don’t agree with their way of thinking and character, umm then they can get rid of them. They will have complete control of every kind imaginable, financial transaction, and any and all aspects of the companies and institutions that provide them. All loans, deposits, disbursements, investments, services, insurance, advisors,the SEC. investment protection, funds, securities, brokers, dealers, fees, fines, security investments protection act, appropriations, regulationa and enforcements, every financial act ever passed and on and on and on.
’scuse me I think I’m gonna hurl….
http://frwebgate.access.gpo.gov/cgi-bin/getpage.cgi?position=all&page=h14408&dbname=2009_record
http://thomas.loc.gov/cgi-bin/query/F?c111:1:./temp/~c111Y3Bhj9:e171244:
stacy on December 11, 2009 at 6:35 PM
Dang….seriously I;m gonna go get drunk!
stacy on December 11, 2009 at 6:40 PM
OK…last post on this thread I promise, I just thought by way of apology I would leave you with these two little funnies..
stacy on December 11, 2009 at 8:18 PM
Thank God for Mrs. Bachmann…but, no, calling Congress doesn’t do Jack.
We have to accept the fact these people are going to do whatever they want, as there is no legal way to stop them.
Dr. ZhivBlago on December 11, 2009 at 9:00 PM
Dr. ZhivBlago When I read your post I simply put a strong emphasis on the word “legal” changes the whole feeling of your quote. (Not technically illegal tho)
stacy on December 11, 2009 at 9:07 PM
Of course Obama & Co. don’t care if they lose their seats–if they achieve a health care bill and a finance bill and an energy bill, they will control the economy and our personal lives through the hundreds of commissions and boards and their commisars that will be created. They will be kings.
PattyJ on December 11, 2009 at 10:56 PM
Ummm… the financial sector needs and likes rules. It will go down the shitter without them. I want rules that make sense… I work in the industry… but it needs rules. that is obvious. The notion that the market corrects itself or should be left alone is pure bunk. In fact it is dangerous poison… sort of like letting Michael Jackson into the medicine cabinet.
lexhamfox on December 13, 2009 at 2:19 AM
Rep. Beckman is right on target and we must return control of our representative process to the public, who is being misrepresented by a small group of people abusing our power to self govern.
MSGTAS on December 13, 2009 at 9:46 AM
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