Showing posts with label senator. Show all posts
Showing posts with label senator. Show all posts

Wednesday, March 13, 2013

Warren. . .

. . . not THAT one. . .
(from http://tpmdc.talkingpointsmemo.com/2013/03/elizabeth-warren-comes-out-swinging-banks-regulators.php by Sahil Kapur)
". . . Just two months into her new job as Massachusetts senator, the former consumer advocate has used her perch to publicize and rail against shady practices by financial institutions and what she views as leniency from the regulators tasked with overseeing them.

The latest example came last Thursday during a Banking Committee hearing, when Warren demanded answers from a panel of federal regulators as to why the multinational bank HSBC got off with a fine for money laundering for Mexican drug cartels — along with violating international sanctions against several countries, including Iran and Libya — when people caught with drugs go to jail for life.

“No one individual went to trial, no individual was banned from banking and there was no hearing to consider shutting down HSBC’s activities here in the United States,” Warren said. “So … what does it take? How many billions of dollars do you have to launder for drug lords and how many economic sanctions do you have to violate before someone will consider shutting down a financial institution like this?”. . . "




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Friday, November 2, 2012

Reel. . .

. . . I mean REAL. . . the real deal!

(from http://www.raybly.com/)
"Ray Bly
U.S. Congress, District 2
My run for 2010 Congress
Why I am disillusioned about America is because of the money involved in getting elected to office. It takes millions of dollars to become a U.S.

Congressman and millions more to become a Senator and hundreds of millions to become President. The average campaign for a candidate for office costs them $1 to as much as $10 a vote and I've heard it's gone as high as $30 a vote. The only way you can get this money is from special interests and the corporate world and of course, if you get elected with corporate and special interest money, you have to vote on behalf of these groups. This is why our government for close to a century is now wholly owned and controlled by our special interests and our corporate world. No candidate wants to stand up against them because they will not get elected, or get the money they need to run."





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