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

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

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..

TRIP TO TARGET SUPERSTORE

I retired, my wife insisted that I accompany her on her trips to Target. Unfortunately, like most men, I found shopping boring and preferred to get in and get out. Equally unfortunate, my wife is like most women – she loves to browse.

Yesterday my dear wife received the following letter from the local Target Superstore.

Over the past six months, your husband has caused quite a commotion in our store. We cannot tolerate this behavior and have been forced to ban both of you from the store. Our complaints against your husband, Mr. Samsel, are listed below and are documented for verification by our video surveillance cameras.

1. June 15: Took 24 boxes of condoms and randomly put them in other people’s carts when they weren’t looking.

2. July 2: Set all the alarm clocks in House wares to go off at 5-minute intervals.

3. July 19: Walked up to an employee and told her in an official voice, ‘Code 3 in House wares. Get on it right away! This caused the employee to leave her assigned station. She received a reprimand from her Supervisor that, in turn, resulted in a Union grievance, causing management to lose time and costing the company money.

4. August 4: Went to the Service Desk and tried to put a bag of M&Ms on layaway.

5. August 14: Moved a ‘CAUTION – WET FLOOR’ sign to a carpeted area.

6. August 15: Set up a tent in the camping department and told the children shoppers he’d invite them in if they would bring pillows and blankets from the bedding department to which twenty children obliged.

7. August 23: When a clerk asked if they could help him he began crying and screamed, ‘Why can’t you people just leave me alone?’ … EMTs were called.

8. September 4: Looked right into the security camera and used it as a mirror while he picked his nose.

9. September 10: While handling guns in the hunting department, he asked the clerk where the antidepressants were.

10. October 3: Darted around the store suspiciously while loudly humming the ‘Mission Impossible’ theme.

11. October 6: In the auto department, he practiced his ‘Madonna look’ by using different sizes of 20 funnels.

12. October 18: Hid in a clothing rack and when people browsed through, yelled ‘PICK ME! PICK ME!’

13. October 21: When an announcement came over the loud speaker, he assumed a fetal position and screamed ‘OH NO! IT’S THOSE VOICES AGAIN!’ And last, but not least:

14. October 23: Went into a fitting room, shut the door, waited awhile, then yelled very loudly, ‘Hey! There’s no toilet paper in here.’ One of the clerks passed out.

A man walked into a very high-tech bar. As he sat down on a stool he noticed that the bartender was a robot. The robot clicked to attention and asked, “Sir, what will you have?”

The man thought a moment then replied, “A martini please.” The robot clicked a couple of times and mixed the best martini the man had ever had.

The robot then asked, “Sir, what is your IQ?” The man answered “oh, about 164.”

The robot then proceeded to discuss the ‘theory of relativity’, ‘inter-steller space travel’, ‘the latest medical break throughs”, etc…….

The man was most impressed. He left the bar but thought he would try a different tact. He returned and took a seat. Again the robot clicked and asked what he would have? “A Martini please.” Again it was superb. The robot again asked “what is your IQ sir?”

This time the man answered, “Oh about 100″. So the robot started discussing Nascar racing, the latest basketball scores, and what to expect the Dodgers to do this weekend.
The guy had to try it one more time. So he left, returned and took a stool…. Again a martini, and the question, “What is your IQ?”??

This time the man drawled out “Uh….. bout 50″. The robot clicked then leaned close and very slowly asked, “A-r-e y-o-u-r p-e-o-p-l-e h-a-p-p-y w-i-t-h O-B-A-M-A ?????

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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