From the “You gotta be kidding me” file: House just voted on 2 bills that would undercut new financial regulations

This one somehow snuck past me.

I happen to read on Populist Jim Hightower’s website about this one here and I went and looked it up and sure enough; there it was in black and white:

The story:

WASHINGTON –– To Wall Street, this town might seem like enemy territory. But even as federal regulators and prosecutors extract multibillion-dollar penalties from the nation’s biggest banks, Wall Street can rely on at least one ally here: the House of Representatives.

The House is scheduled to vote on two bills this week that would undercut new financial regulations and hand Wall Street a victory. The legislation has garnered broad bipartisan support in the House, even after lawmakers learned that Citigroup lobbyists helped write one of the bills, which would exempt a wide array of derivatives trading from new regulation.

The bills are part of a broader campaign in the House, among Republicans and business-friendly Democrats, to roll back elements of the 2010 Dodd-Frank Act, the most comprehensive regulatory overhaul since the Depression. Of 10 recent bills that alter Dodd-Frank or other financial regulation, six have passed the House this year. This week, if the House approves Citigroup’s legislation and another bill that would delay heightened standards for firms that offer investment advice to retirees, the tally would rise to eight.

Both the Treasury Department and consumer groups have urged lawmakers to reject the bills, warning that they could leave the nation vulnerable again to excessive financial risk taking. The House proposals stand little chance of becoming law, having received a much chillier reception in the Senate and at the White Ho

via House, Set to Vote on 2 Bills, Is Seen as an Ally of Wall St. – NYTimes.com.

You believe those greedy bastards? Jim Hightower is not amused and rightly so:

Audio:

[podcast]

Partial Quote:

On the day before Halloween, the ethically-challenged members of our lobbyist-haunted House of Representatives did a perverse imitation of “Profiles in Courage,” turning that body into “Profiles in Spinelessness.”

In particular, they cravenly caved in to an outrageous and dangerous demand by Wall Street whiners. Such financial powerhouses as Citigroup just hate having their profiteering recklessness restrained by the regulatory reforms passed after their 2008 financial meltdown. Even though the shockwaves from that Wall Street collapse continue to devastate America’s middle class, the banking elite have completely recovered – including recovering their swaggering arrogance and ability to sway money-hungry congress critters with rich campaign donations. — Read the rest at Jim Hightower’s site

I am shocked that more Conservatives are not swinging from the trees on this one here! To their credit, there are some Democrat Party house members that are opposed to this bill and rightly so. This is the same idiotic crap that brought down the stock market and killed our economy; thank goodness there is some semblance of sanity up on the hill.

Sure enough the Bill passed the house, But it is not expected to make it through the Senate and the White House has said that they would veto the thing, if it made it to the President’s desk. Which in this instance is a very good thing. However, this is not the point. What is the point is this: Those same bastards who caused the great meltdown of 2008, are now lobbying our Government to put things back as they were, so that this sort of thing could happy again. That my friends is enough to make an economic populist, like myself, to want to bite a nail in two! 😡

The people that caused the Wall Street meltdown and downturn in our economy ought to be brought up on treason charges, and lined up against a wall and shot! 😡 But, instead, they are trying to buy their way back to lawlessness. This my friends, is an outrage.

Veterans Day 2013

This posting is dedicated to those who have served and are now serving.

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For me, it’s personal.

My Great Uncle. John Franklin Hayes
This is the grave of my great uncle. John Franklin Hayes – Served in Germany. Bronze Star and Purple Heart

People often ask me, why it is that I run this blog. I do it to protect what this man fought to preserve during World War II. My uncle Frank had his finger blown off, due to a grenade that exploded prematurely; they did reattach his finger, but it was never the same. He did go on to work in the textile industry in Dalton, Georgia. The fact that I never was able to see him again, before he passed; and that I was never able to tell him, that I had left Pentecostalism, and return to the Baptist faith —- are one of my life’s biggest regrets.

My God bless and keep our Veterans.

Now you all know why I switched sides politically. It is the left’s contempt for the Military that caused me to reconsider everything politically.

(H/T and thanks to Hotair.com for the reminder.)

 

 

The Sunday Night Music Express Presents: Gordon Lightfoot

This posting is dedicated to the the 29 men who lost their lives on the Edmund Fitzgerald lake freighter 38 years ago. May they rest in peace.

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As the winds of November whipped through a park beside the Detroit River, 29 lanterns flickered at the water’s edge and bagpipes wailed as about 60 people gathered Sunday evening to remember the 29 men who lost their lives on the Edmund Fitzgerald lake freighter 38 years ago.

“It’s appropriate to have this here because the ship was built 1,000 yards south, and it unloaded all the time 1,000 yards north,” said Tom Abair, 62, codirector of the River Rouge Historical Museum.

In a heated tent set up beside the park’s lighthouse, Abair and other museum volunteers displayed mural-size photos and a model of the famed ore carrier that sank in Lake Superior on Nov. 10, 1975, in a gale. Source: The Detroit Free Press

Lyrics:

The legend lives on from the Chippewa on down
of the big lake they called “Gitche Gumee”
The lake, it is said, never gives up her dead
when the skies of November turn gloomy
With a load of iron ore twenty-six thousand tons more
than the Edmund Fitzgerald weighed empty,
that big ship and true was a bone to be chewed
when the Gales of November came early

The ship was the pride of the American side
coming back from some mill in Wisconsin
As the big freighters go, it was bigger than most
with a crew and good captain well seasoned,
concluding some terms with a couple of steel firms
when they left fully loaded for Cleveland
And later that night when the ship’s bell rang,
could it be the north wind they’d been feelin’?

The wind in the wires made a tattle-tale sound
and a wave broke over the railing
And ev’ry man knew, as the captain did too
’twas the witch of November come stealin’
The dawn came late and the breakfast had to wait
when the Gales of November came slashin’
When afternoon came it was freezin’ rain
in the face of a hurricane west wind

When suppertime came the old cook came on deck sayin’
“Fellas, it’s too rough t’feed ya”
At seven P.M. a main hatchway caved in; he said,
“Fellas, it’s bin good t’know ya!”
The captain wired in he had water comin’ in
and the good ship and crew was in peril
And later that night when ‘is lights went outta sight
came the wreck of the Edmund Fitzgerald

Does any one know where the love of God goes
when the waves turn the minutes to hours?
The searchers all say they’d have made Whitefish Bay
if they’d put fifteen more miles behind ‘er
They might have split up or they might have capsized;
they may have broke deep and took water
And all that remains is the faces and the names
of the wives and the sons and the daughters

Lake Huron rolls, Superior sings
in the rooms of her ice-water mansion
Old Michigan steams like a young man’s dreams;
the islands and bays are for sportsmen
And farther below Lake Ontario
takes in what Lake Erie can send her,
And the iron boats go as the mariners all know
with the Gales of November remembered

In a musty old hall in Detroit they prayed,
in the Maritime Sailors’ Cathedral
The church bell chimed ’til it rang twenty-nine times
for each man on the Edmund Fitzgerald
The legend lives on from the Chippewa on down
of the big lake they call “Gitche Gumee”
“Superior,” they said, “never gives up her dead
when the gales of November come early”

Just a FYI @MaxBlumenthal and I are not one in the same

I feel the need to write this, because I fear that I might be lumped in the same group as this man; and quite frankly, I simply do not belong there at all.

To get a clearer picture of what I am referring to; I need you to go to the following places and read up. These links will open in a new window, so go ahead and read — I’ll be here.

Go Here, Here, Here, Here, Here, Here, Here, Here, and Here.

Okay, now that we got that all out the way; and you now know what I am referring to; allow me to clarify my position.

My issues with Zionism and Israel; and all related matter is confined to the following:

  • Religious: I simply happen to believe that Zionism is a form of Jewish supremacy. As it says on this page here on my blog; I detest any and all forms of supremacy. Furthermore, as a Christian, I happen to believe that Christian Zionism is an unholy alliance between Christians and Jews. (See 2 Corinthians 6:14-18 KJV) I also happen to know that a very well know Jewish rabbi has made inflammatory remarks about what the Jews call, “The Goyim.”
  • Political: I have readily identified myself here as a Paleoconservative. (See Patrick J. Buchanan) Because of this, I do have issues with Wilsonian foreign policy. However, I also realize that Palestine is simply not to be trusted.

Now there are some who would say that my positions Religiously and Politically are hateful; which is, quite frankly, a load of bunk. Having said that; I simply will comment this here. I understand that Mr. Blumenthal’s book equates Jews in Israel to Nazi’s. Sorry, but that is just a bit over the top; even for this critic of Israel. I fully support the idea of an Israeli state, as much as I support the idea of a Palestinian state. I believe a two state solution is entirely possible, provided both sides are honest brokers. Which is the entire problem; BOTH SIDES have dirty hands in that entire conflict.

I also realize that some paleoconservatives and yes, many on the uber-liberal left; have an ingrained hatred of the Jews, for whatever reasons. I simply say this about that little situation; they simply do not speak for this writer. I am not a hater of the Jew at all; I simply would like them all to come to a saving knowledge of Christ. I realize that this will not happen to all of them. (See 2 Corinthians 4:3-6 KJV)

I might have many motivations; but a hatred of Israel and of the Jews is not one of them. I distance myself from those people. Because I know what is at their core and that is hate. Something I want nothing to do with. Some might have a problem with this statement; but, it is the truth.

 

 

Shootings in New York and Texas

Contrary to what some might want to tell the people; this is NOT a gun problem, this is a society problem.

The Stories are below….

Via CNN:

(CNN) — Gunfire erupted at a skating rink in New York City on Saturday night, leaving two injured, authorities said.

The shooting occurred at Bryant Park.

One victim was shot in the back and the second one in the leg, according to the New York Police Department. The victims’ injuries are not life threatening.

Megan Cutcher, a San Francisco resident visiting New York City, was having a drink with relatives at a nearby restaurant when the gunfire started.

“We sat down at one of the outdoor couches with a heater and ordered a drink,” Cutcher said. “Right after we ordered, we heard three shots. Initially, it just sounded like a pop gun, but then people started screaming, and we realized it was more serious.”

She grabbed her mother and pushed her under the table.

“We were at most 10-15 feet from the ice.,” she said. “Luckily, the couches we’d been sitting on blocked us from the view of the shooter.”

A few minutes later, the gunfire stopped and the restaurant staff ushered them into the kitchen for safety.

“I was able to calm down a bit, though my heart was racing,” she said.

Police ordered them to stay put while they searched the area. About an hour later, they got an all-clear to use a particular exit.

The shooter is still on the loose.

….and in Texas….

Via CNN:

(CNN) — A shooting at a house party near Houston left two people dead and 22 others injured, authorities said early Sunday.

The shooting occurred late Saturday night in the Cypress area, the Harris County Sheriff’s Office said in a statement.

It started at a birthday party in a two-story home, where about 100 people were gathered, police said.

Injuries range from critical to minor. It’s unclear whether all the victims were wounded in the shooting or the scramble to escape from the home.

Police are searching for two shooters.

I realize that it would be easy to blame the guns on these sort of incidents; but it is simply too much of the scape goat mentality to do so. The guns did not get up and decide to shoot these people; someone used that gun to do so! Therefore, one can deduct that this simply a societal problem. A Nation that forgets God, views Christians and Christianity with contempt, runs its political and financial systems like Rome once did — should expect this sort of a thing.

Simply put, our system is nearing collapse and these sort of things should not be a huge surprise to we that actually read the Word of God. There are some, even within the Fundamentalist Christian circles who are actually silly enough to believe that some sort of a so-called “revival” in this Country will stop the madness which is enveloping this fallen world. This is foolishness; judgment is coming swiftly to this Country, get your house in order and above all, be ready to meet the Lord.

Two White Gonzaga Students Face Possible Expulsion After Pulling Gun On Black Home Intruder

This is sick and sad; but because of the world in which we live; I might how this is going to turn out.

The Story:

The Victims – Erik Fagan and Dan McIntosh

On Friday a university discipline board decided to move forward with sanctions, including possible expulsion, for using the weapons. The students will learn in the near future about their future with the school. It all happened late in the night on October 24th when roommates Erik Fagan and Dan McIntosh were hanging out in their university owned apartment. 

The criminal – John Taylor

Taylor then attempted to force entry into the apartment. At that point McIntosh brandished his pistol. McIntosh has a concealed weapons permit for the gun and did not know it was in violation of policy at the time. Once Taylor saw the gun he left the property. McIntosh said Spokane Police took Taylor into custody after their report because he was wanted on a Department of Corrections warrant. 

via Gonzaga Students Face Possible Expulsion After Pulling Gun On Home Intruder | FOX First at Ten News. – (H/T to Fox News Channel)

As much as I hate to say it; because the racial makeup of this incident, these two white victims are going to be the victims of a political correct society and will be charged and/or thrown out of school and their academic lives ruined. Because they dared to stand up to a black man and show him what happens, when you try to rob a white man in his own house.

Of course, I believe the University’s policy is also moronic as well. Banning guns in a university apartment is not the solution to the problem; it only creates an easy target for criminals; obviously as shown here.  However, because we live in a society that believes that gun control is the answer, due to Marxist indoctrination, these two chaps will end up have to go another university with this incident in their records. This my friends, is the great American tragedy of the ages.