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I watched Congresswoman Kaptur say the same thing on Bill Moyer's Journal., We are still paying off the S&L bill until 2013. No restrictions have been put in place to deal with these issues. Mrs. Kaptur says we need to change how our politicians are funded before we can get any real change in Washington.
I say we need to make our selves heard. I am asking everyone to call their congressman today and demand health care change in the form of HR676. It swould let themknow we are paying attention. Then we can start working on financial changes.

Not only have no restrictions been put in place, Bush43 removed more that nullified the Glass-Stagall Act.

Until you start firing your congressmen and women and Senators, nothing is going to change. Re-elect no one.

Um, no. I happen to love my state legislators. I'd be proud to have Marcy Kaptur represent me. It's campaign finance reform that absolutely must happen.

Obama has been trusting the wrong people .... or we can only hope that's the case. If these financial institutions aren't properly regulated, the recession we're seeing now is going to be nothing compared to what's coming.

I love how Marcy Kaptur tells people not to leave their homes that are being foreclosed upon in this cold weather ... that possession is 90% of the law .... and she calls the bail outs socialism for banks.

Here's the brilliant Moyers interview with Marcy Kaptur and Simon Johnson. The transcript is printed on the page if you don't care to watch the interview.

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Two is right on the money here. The Gramm-Leach-Bliley Act of 1999 ... veto proof mess cooked up by douches led by Phil Gramm to repeal Glass Steagall has proven to be the one piece of deregulation that has caused more damage to our financial system since the Depression.

45 Repugnant ones voted Yea
39 Democrats voted Nay
Ernest Hollings, [D] South Carolina was the only Democrat that voted to repeal Glass Steagall (what a douche).

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If we don't stop this corporate communism .... we're toast .... with no jam and butter.

Let's not forget Fannie Mae and Freddie Mac, run by democrats.

I absolutely agree, bhubbell1: re-elect no one. Every one of them goes.

Campaign finance reform doesn't move me at all, and for a very simple reason: not one of those "special interests" or lobbyists can compel anybody to do anything. They have no legal authority. They have no ability to co-erce a congressman or senator to do anything. All they can do is offer the bribe to the politician, there is absolutely nothing that requires the politician to accept it.

The fact that they all do take it just means that they have to go, and we have to try for a better class of human being. John McCain, famous idiot, says you "have to get the money out of politics." No, John - you don't. What you have to do is get the weasels out. If we had people of probity - if we had people most of you would be willing to allow into your homes - then the money would be irrelevant. When McCain says money is screwing the whole thing up, what he's really saying is that the venal, third-rate people we currently have are no more capable of controlling themselves then a second-grade class presented with an open candy-jar. Being not very bright, he doesn't seem to see that what he's saying tells us a lot more about our current politicians than it does about the process.

I'm with you, bhubbell1: Re-elect no one! Not one of them!

"Let's not forget Fannie Mae and Freddie Mac, run by democrats. " ..... what does that mean, bhubbel? Democrats aren't saints? Oh my, news flash. Just spurting a sentence th means nothing. It's lazy and lame and I'll just file it under stupid.

"Campaign finance reform doesn't move me at all, and for a very simple reason: not one of those "special interests" or lobbyists can compel anybody to do anything. They have no legal authority. They have no ability to co-erce a congressman or senator to do anything. All they can do is offer the bribe to the politician, there is absolutely nothing that requires the politician to accept it."

That one sentence, Dagon .... let's me know that what you write will most likely be dismissed by me .... you write in angry bumper stickers that aren't supported by facts, experience or knowledge of politics. Dare I ask, but do you get your info from Faux Noise? Probably, lol.

Did someone say that lobbyists & special interest groups have no power what do you think the NRA is? Orthis one regarding the intense lobby effort to curb the “power of grass roots organizations. The
LC and its allies won an initial victory in the U.S. Senate on January 18, when the Senate voted 55-43 to strip provisions to regulate "grassroots lobbying" from an omnibus "ethics reform" bill.. Of course now with the democrats in power there is a new effort to renew this and to empower grass roots organization, Move on to the healthcare debate there is approximately 3,300 registered lobbyists just for health care that comes out to be 6 lobbyist for each member of congress.” This one effort is still my favorite from the banking special interest group. since 1978, judges could modify mortgages on vacation homes, farms, and even luxury yachts, but not primary residences. Remember pres. Obama getting on television saying with pride that the Helping Families Save Their Homes Act, had a "cram-down provision" in it, a provision that gave judges the power To lower mortgages on primary residences . To keep people in their homes Well no way. The banking Industry pressured this ruling and guess what was taken out?
I won’t bother with the farm special interest groups except for this quick one Milk prices in New England are 45% higher because there is no importing of milk.. The local farm lobbyist successfully closed down competition.