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by Maryscott OConnor Sun Sep 21st, 2008 at 09:31:43 AM EST

Crossposted from MY LEFT WING

The Bush Administration has presented Congress with a hurriedly created "LEGISLATIVE PROPOSAL FOR TREASURY AUTHORITY TO PURCHASE MORTGAGE-RELATED ASSETS" and now expects it to be voted on and passed with all the expedience and passivity it received when it presented its last two disastrously precipitous cartes blanche: the Iraq War Resolution and the Patriot Act.

Congress must refuse. This is another Patriot Act, another Iraq War Resolution moment. Stand FIRM, Democrats.

This is a classic Fork in the Road moment for Congressional Democrats and Republicans of conscience. It is time, long past time, actually, to stand up and say "ENOUGH" to Unchecked Powers demanded by this Executive Branch. ENOUGH, for the love of all that is sacred in this nation, all that is sacred in the Constitution of this nation.


No. We REFUSE to give another INCH of unchecked power to this so-called "unitary executive". It is beyond absurd, it is an insult to this nation and its Constitution. NO MORE -- ENOUGH.

Barack Obama must refuse, but he CANNOT be expected to stand alone. He MUST have the entire Democratic party behind him as he holds firm and repeats with finality and strength the one word that gave us all such a feeling of, yes, hope as we listened to him at his convention in Denver: "ENOUGH."

~ ~ ~ ~ ~ ~ ~ The Anonymous Democratic Congressperson's Email That Signals We Will Win This One

Paulsen and congressional Republicans, or the few that will actually vote for this (most will be unwilling to take responsibility for the consequences of their policies), have said that there can't be any "add ons," or addition provisions. Fuck that. I don't really want to trigger a world wide depression (that's not hyperbole, that's a distinct possibility), but I'm not voting for a blank check for $700 billion for those mother fuckers.

Nancy said she wanted to include the second "stimulus" package that the Bush Administration and congressional Republicans have blocked. I don't want to trade a $700 billion dollar giveaway to the most unsympathetic human beings on the planet for a few fucking bridges. I want reforms of the industry, and I want it to be as punitive as possible.

Henry Waxman has suggested corporate government reforms, including CEO compensation, as the price for this. Some members have publicly suggested allowing modification of mortgages in bankruptcy, and the House Judiciary Committee staff is also very interested in that. That's a real possibility.

We may strip out all the gives to industry in the predatory mortgage lending bill that the House passed last November, which hasn't budged in the Senate, and include that in the bill. There are other ideas on the table but they are going to be tough to work out before next week.

I also find myself drawn to provisions that would serve no useful purpose except to insult the industry, like requiring the CEOs, CFOs and the chair of the board of any entity that sells mortgage related securities to the Treasury Department to certify that they have completed an approved course in credit counseling. That is now required of consumers filing bankruptcy to make sure they feel properly humiliated for being head over heels in debt, although most lost control of their finances because of a serious illness in the family. That would just be petty and childish, and completely in character for me.

I'm open to other ideas, and I am looking for volunteers who want to hold the sons of bitches so I can beat the crap out of them.

by Maryscott OConnor (myleftwing@gmail.com) on Sun Sep 21st, 2008 at 09:31:58 AM EST
What's with the Obama picture? Are you not putting words in his mouth?

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Sun Sep 21st, 2008 at 01:27:01 PM EST
by Maryscott OConnor (myleftwing@gmail.com) on Sun Sep 21st, 2008 at 01:30:45 PM EST
[ Parent ]

Using a link provided by seigstate I was able to send faxes to both California Senators, to Henry Waxman and Brad Sherman and I also sent faxes to my Arkansas delegation.  In the faxes to the California delegation I noted my long residence in California and informed them that I considered that they still represented me.  It might be even more annoying to tie up their phones.  As I pay $40/mo for unlimited US dialing I may do that tomorrow.  E-mails may also be useful, but I thought that the faxes will force them to buy paper and that might get their attention.  It also gives them a piece of paper to deal with.

Post the link on your blog and perhaps post a sample letter.  I don't think it was because of my letter, but Brad Sherman was on TV demanding most of what I had written.  If nothing else, a bunch of faxes give them something to hold in their hands and waive on the floor when they are talking about how upset their constituents are.  If you wish I could post some of my LTCs here as samples.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Sep 22nd, 2008 at 08:07:11 PM EST
[ Parent ]
And here is the link.  That is always helpful. :-)

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Sep 22nd, 2008 at 08:13:27 PM EST
[ Parent ]

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