Banks Own the Place - Open Thread

by: wegerje

Wed Jul 01, 2009 at 07:52:33 AM CDT


Senator Dick Durbin last April:

"And the banks -- hard to believe in a time when we're facing a banking crisis that many of the banks created -- are still the most powerful lobby on Capitol Hill. And they frankly own the place," he said on WJJG 1530 AM's "Mornings with Ray Hanania." Progress Illinois picked up the quote. 

wegerje :: Banks Own the Place - Open Thread
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But we have 60 Democratic Senators . . . (0.00 / 0)
he says snarkily.  Until the progressive movement is willing to flex its muscle, the status quo will stay in place.  It is time to outlaw special interest money, a.k.a. campaign contributions, which is warping the legislative process.  Progressives have to take on the Blue Dems and the GOP, these two are the true legislative majority.  These groups have for far too long rammed through their agenda over the wishes of the majority of Americans.  It's time to plant our feet and take a stand and start making demands.

In the last two federal elections, the electorate has overwhelmingly rejected the GOP vision which has predominated American politics since the 1980's.  President Obama campaigned on the "change" platform.  It's time to deliver it.


Special interest (0.00 / 0)
The most troubling special interest is the legal lobby.  Why is it the only group not asked to sacrifice for our health care reform are the lawyers?  It's because lawyers from both parties, and from within the executive branch are, and have been, writing the rules.  Lawyers should help facilitate the people who work for a living and know the work of business to do their jobs, they (the lawyers) should not be driving the ideas to tell all of us how to live.  At least the bankers provide the financing that drives American and world-wide growth - as imperfect as they are.  Lawyers produce NOTHING and, worse, they as a group devise the rules that keep them always in business.

That's why banks own lawyers. n/t (0.00 / 0)


Jeff Wegerson

[ Parent ]
Nice to know... (0.00 / 0)
Well, it's nice to know that they are not troubled by the economic crisis that many banks and companies are experiencing now. With the fact that almost all nations are facing this kind of turmoil, it is good to hear that there are still some companies who are surviving. By the way, since the biggest of Federal Holidays is approaching, people wonder - are banks open today?  Or is the Post Office open today?  Well, the answer gets complex.  As to "are the banks open today" is concerned, they might be - it depends on the bank.  Check with your bank to see if they are closing early, or just closed on July 3rd.  It depends on the branch.  The Post Offices will be closing at noon.  Neither banks nor Post Offices will be open on Saturday, July 4th - and a lot of stores will be closed as well.  You have to check your area, so get your fast payday loans in order.  Are the banks open today- well it depends on where you are.

Banks may have been closed on the fourth... (0.00 / 0)
...but apparently spammers were open for business.

"In order for somebody to win an important, major fight 100 years hence, a lot of other people have got to be willing -- for the sheer fun and joy of it -- to go right ahead and fight, knowing you're going to lose." -- I.F. Stone

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