American al Kaida continues on its destructive course for America, dragging feet on Flnancial Reform

GOP, Ben Nelson Block Debate On Financial Reform Bill


Calling all Democrats. Financial reform is NOT NEGOTIABLE. Credit Default Swaps MUST BE REGULATED, TRANSPARENT AND TRADED ON EXCHANGES. Those entities which want to be Investment Banks SHALL NOT HAVE FDIC INSURED DEPOSIT ACCOUNTS. ALL FINANCIAL INSTITUTIONS SHALL PAY INTO THEIR OWN FUNERAL FUND FOR DISSOLUTION OF FAILING BANKS, NON-BANKS, INSURERS. SAID BANKS ET AL SHALL PAY A RATE PREDICATED ON THE AMOUNT OF RISK THEY ARE ASSUMING: MORE LEVERAGE, MORE CDSs - The higher the premiums to support the Funeral Fund.

REAL Consumer Protection IS A MUST. HAD WE HAD THIS BEFORE THERE WOULD HAVE BEEN NO SUB-PRIME LOAN - HOUSING BUBBLE.

Democrats, THERE WILL BE NO COMPROMISE ON FINANCIAL REFORM WITH THE AMERICAN AL KAIDA, REGARDLESS OF THEIR USE OF FILIBUSTER BOMBS. IT'S EITHER REAL FINANCIAL REFORM OR NOTHING. DO NOT PASS A LAW WHICH PURPORTS TO BE FINANCIAL REFORM THAT IS A FRAUD. IF YOU PASS FAKE FINANCIAL REFORM, YOU WILL ONLY HAVE TO SHARE THE BLAME WITH THE CORPORATE LOBBYISTS LATER WHEN THE DISASTER INEVITABLY OCCURS AGAIN.

THE REPUBLICAN DEREGULATION EXPERIMENT PRODUCED A DISASTER WHICH WOULD HAVE BEEN WORSE THAN THE FIRST GREAT DEPRESSION HAD THE NATION NOT STEPPED IN TO THE KEEP THE BANKS OPERATING. WE CANNOT AFFORD TO MAKE THIS MISTAKE AGAIN. DEREGULATION IS DELUSION. WHEN LARGE SUMS OF MONEY ARE INVOLVED GOING WITHOUT REGULATION (AND ENFORCEMENT) IS LIKE DRIVING YOUR CAR WITH YOUR EYES CLOSED, WITHOUT A STEERING WHEEL OR BREAKS. THERE IS NO QUESTION OF WHETHER A CRASH WILL HAPPEN. IT'S JUST A MATTER OF WHEN.

To Democrat constituents: email, call your congressmen and Senators - tell them "DEREGULATION WAS A FAILURE. NO COMPROMISE, WITH THE GOP LOBBYISTS ON FINANCIAL REFORM."