Our Advertisers Represent Some Of The Most Unique Products & Services On Earth!


Banks Run The Country
In Crisis, Banks Dig In for Fight Against Rules

(NY Times)
6-3-9
 
"...Murmurs were already emanating from Washington about the need for a wide-ranging regulatory overhaul, and Wall Street executives girded for a fight."
 
http://www.nytimes.com/2009/06/01/business/01
lobby.html?pagewanted=1&_r=2&partner=rss&emc=rss
 
Page 3...
 
"...Because the banks' lobbyists persuaded some of his Republican colleagues to resist more sweeping changes, Mr. Peterson said, he has had to modify a bill he introduced that is similar to Mr. Harkin's in calling for wide-ranging limits on derivatives.
 
(Referring to Congress)..."The banks run the place," Mr. Peterson said. "I will tell you what the problem is - they give three times more money than the next biggest group. It's huge the amount of money they put into politics."
 
(Representative Collin C. Peterson, a Minnesota Democrat and the chairman of the House Agriculture Committee)
 
Disclaimer
 
Donate to Rense.com
Support Free And Honest
Journalism At Rense.com
Subscribe To RenseRadio!
Enormous Online Archives,
MP3s, Streaming Audio Files, 
Highest Quality Live Programs


MainPage
http://www.rense.com


This Site Served by TheHostPros