House Spending Bill - goodbye contribution limits

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Knowing

Golden Member
Mar 18, 2014
1,522
13
46
IIRC, federal elections are set by the Constitution and it has no provisions for a recall vote, only impeachment.

Fern

Per Ballotpedia,
450px-Recall_who_2013.png


However, opinions vary from "you can't even though it's in the state constitution" to "we can't stop you from filing the paperwork."

wow thats over 4 times the gdp of the planet.

D:

Leverage. Remember that the money doesn't actually have to exist in a fractional reserve world.

bank%20derivatives_1.jpg
 

Jeff7

Lifer
Jan 4, 2001
41,596
20
81
Less bank regulation/oversight and bigger campaign donations what could possible go wrong with that?
I love the donations excuse "because tax payer matching was eliminated" how about these clowns do what they suggest everyone who is poor do, get a second job, cut expectations and live within a budget. So you have less money to finance your conventions well reduce the cost of each one and work harder to get more smaller donors involved. Practice what you preach!
Or spend their time doing the damn job, rather than mostly focusing on campaigning so that you can keep the pension, the healthcare plan, the insider trading, and the extraordinary income from bribes and public speaking.




You are cleverly mixing your arguments. Here's a better example.

A) I'm going to serve you scrapple. After eating it you read the list of ingredients and bitch about the various pig parts, even though you liked it.

B) I'm going to serve you a layer cake. After eating it you find out in between the layers of cake scrapple was added. You hate scrapple.

The ACA is A
This spending bill is B
And the scrapple in the cake was mostly made of week-old roadkill.
 
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Fern

Elite Member
Sep 30, 2003
26,907
174
106

Those links seem to deal with recalling state officials:

Currently, nineteen states permit the recall of state officials: Alaska, Arizona, California, Colorado, Georgia, Idaho, Illinois, Kansas, Louisiana, Michigan, Minnesota, Montana, Nevada, New Jersey, North Dakota, Oregon, Rhode Island, Washington, and Wisconsin.[1]


Uh, that's not what I gathered from that link.

All states have ruled they can't recall recall Congress emembers.

One state is listed as determining:

The Attorney General of Wisconsin in 1979 give an opinion that state administration could not reject a petition for recall of a member of congress.

That looks to be a ruling about what the state could do upon receiving a petition. E.g., state law itself may not have a provision allowing for rejection. But that's different than ruling whether a state law can trump the Constitution.

I've never heard anyone claim that state law can override the Constitution.

Fern
 

Knowing

Golden Member
Mar 18, 2014
1,522
13
46
Those links seem to deal with recalling state officials.

All states have ruled they can't recall recall Congress members.

That looks to be a ruling about what the state could do upon receiving a petition. E.g., state law itself may not have a provision allowing for rejection. But that's different than ruling whether a state law can trump the Constitution.

I've never heard anyone claim that state law can override the Constitution.

Fern

The links pertain to recall. All states that have ruled, save Wisconsin. SCOTUS never ruled. Before the SCOTUS ruled on Wickard v. Fillburn the interstate commerce clause didn't apply to grain used on one farm because somewhere some time an interstate transaction may or may not have taken place.

I'm not arguing that state law can trump the Constitution. I'm saying that state constitutions include provisions for recall of federal officials even though it has never been done.
 

sportage

Lifer
Feb 1, 2008
11,492
3,163
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People should be listening to Elizabeth Warren and listening very closely.
She is absolutely on the mark.
Citybank has and actually did write law into this bill for their sole benefit, that absolutely greatly raises the risk for future bank catastrophe and tax payer bailouts to the tune of trillions of tax dollars.
And Warren is absolutely correct in saying that this alone proves banks like Citybank have such great power in American politics where they can actually cause the entire US government to shut down if the banks and wall street do not get their way.

What Warren is warning us about and the real threat to Americans with the banks having such power, is that if and should another tax payer bailout happen, that would have grave consequences for all Americans.
Much worse than the tax payer bailout in 2008. Much!
Any such bailout would result in far more greater damage than the 2008 tax payer funded bailout.
Next time with also wiping out millions of private as well as government retirement pensions, social security benefits, and eliminate most all of our social safety nets.

If this warning from Warren sounds bad, the reality would be much worse.
This is not a right wing vs left wing issue. It would involve the actual survival of a huge chunk of the American middle class, lower class, upper 1% class.
Throwing millions of senior citizens into poverty, creating millions of homeless, and causing unemployment to sky rocked beyond the 1929 crash, and massive business failure thus hitting that upper 1% just as hard as everyone else.

For anyone to simply write off this warning from Elizabeth Warren, or chalk it up to some far left liberal rant, is foolish, and as they say the "famous last words".
Such a crashing of the banking system from allowing Wall Street and banks like Citybank to again gamble with the American economy, would create a high likelihood for total US economic meltdown.
Forget about the anger from the American people over still another tax payer funded bank bailout. That anger would be nothing compared to the economy itself unable to withstand such a bailout.

The American society is very strong and resourceful. Able to bounce back from near devastation time after time. But how many hits like another trillion dollar tax payer bailout could the American economy take?
It's hard to imagine America falling into a third world classed society.
It's hard to imagine America not able to fund their military, their schools, their government. No longer to protect its people from outside threat.
But that could easily become reality.

This allowing of banks to once again take high risk, where the tax payer is on the hook if their gamble fails, this could bring down the entire American system of government.
Our economy, our protections, our very way of life itself.

No, this is not some liberal vs Conservative thing. This concerns all Americans.
And allowing another major hit to the American economy could bring down our entire system.
Hard to imagine the end of our America, but entirely possible if greed is allowed to prevail.
 
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DrDoug

Diamond Member
Jan 16, 2014
3,580
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  • $479 MILLION FOR WARPLANES THAT THE PENTAGON DIDN’T ASK FOR (aka: Bringing Home The Bacon For State Businesses Provision)
  • 93 MILLION CUT FROM THE WOMEN, INFANTS AND CHILDREN (WIC) NUTRITION PROGRAM (aka: Who Gives A Fuck About Them Provision)
  • THE BILL THAT CITIGROUP WROTE (aka: They Give Us Lots Of Money Provision)
The first provision is to ensure their jobs by keeping the money from wealthy benefactors coming in. It also ensures the state does better economically and that there are good paying jobs for the people of the state. The more good paying jobs there are means more economic activity and that translates into more votes they can get at election time. This isn't going to change because many of their constituents will be pissed if the bacon isn't coming home.

The second provision exists because of the need to put more money into the provision above. The wealthy and a good number of voters doing well are what brings out the money and votes for the politicians, not the poor and needy. Politicians are even able to take advantage of this provision among their voters to improve their electoral future by saying that the Democrats fought for it and the Republicans fought against it (or the reverse).

The third provision exists because the financial giants own most of our politicians. Most of us have not realized this is happening because we keep sending enough of the same people to Washington that this will never change. They don't even need to buy all of the politicians! All the banks (or any other moneyed entity) needs to do is buy enough politicians to get what they want. The wealthy can protect these politicians by paying for advertising and/or driving the news cycle to attack the ones they haven't bought out. Nothing drives out the voters like having an enemy. The nastier the enemy is perceived, the more the 'troops' rally for their leaders!

The real news here is that a large number of politicians have decided that they want more $$$$ from their wealthy benefactors. Talk about stating it loud and clear to their patrons...lol! I keep saying that this is going to keep happening as long as our politicians keep us at each others throats.

As long as we are doing that then we can't wrap them around theirs. Mission Accomplished!
 

theeedude

Lifer
Feb 5, 2006
35,787
6,198
126
Impeachment? LOL, the American people just reelected these guys and expanded their mandate to legalize corruption. To send Obama a message :D
 

trenchfoot

Lifer
Aug 5, 2000
16,096
8,687
136
Impeachment? LOL, the American people just reelected these guys and expanded their mandate to legalize corruption. To send Obama a message :D

Apparently, the folks that voted Repub are more than willing to take a financial hit in the wallet for the team, and more than happy that they can take everybody else down with them.

I don't see it any other way.

I really wish for the day when the middle class and the poor, who represent the vast majority of the nation, unify and take back what that small group of ultra wealthy elites took away from them: The United States of America.
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
Relentless propaganda works? Color me surprised.

Ask people how they feel about specific aspects of the ACA & you'll get an entirely different set of answers. That's because Repubs have successfully painted the ACA to be something it's not.

Truck? What truck? The vast majority of employer sponsored plans are already ACA compliant, and that's how the vast majority of Americans receive health insurance. You're just preaching the same sort of doom fantasy that Repubs have raved about all along, predictions that, unsurprisingly, haven't come true at all.

The sellers of the ACA did a pretty good job painting it to be something it was not as well. And the vast majority of employer sponsored plans are not ACA compliant which is why the employer mandate was pushed back yet again. It's one thing to lie to 10 million people getting kicked off their insurance, it's quite another to lie to 100 million.
 

ivwshane

Lifer
May 15, 2000
33,730
17,378
136
The sellers of the ACA did a pretty good job painting it to be something it was not as well. And the vast majority of employer sponsored plans are not ACA compliant which is why the employer mandate was pushed back yet again. It's one thing to lie to 10 million people getting kicked off their insurance, it's quite another to lie to 100 million.

No, the mandate was pushed back because of administrative reasons including guidelines, tracking, and enforcement.

Your continued ignorance and or lying is quite annoying.

http://m.benefitspro.com/2014/08/29/irs-releases-employer-mandate-guidance
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
And I'm not shocked you don't believe it. Your bubble doesn't allow for it.

Well I do have that whole common sense working for me, but you just keep on thinking people who question the word of a pathological lair live in a bubble.
 

ivwshane

Lifer
May 15, 2000
33,730
17,378
136
Well I do have that whole common sense working for me, but you just keep on thinking people who question the word of a pathological lair live in a bubble.

No, you don't even have common sense. You have gut feelings, that's why your accusations are never backed up by unbiased sources or real world facts. You don't question anything, you accuse. If you actually questioned things you wouldn't come off as just another righty conspiracy nut.

So what facts do you have that back up your claim? Opinion pieces?
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
No, you don't even have common sense. You have gut feelings, that's why your accusations are never backed up by unbiased sources or real world facts. You don't question anything, you accuse. If you actually questioned things you wouldn't come off as just another righty conspiracy nut.

So what facts do you have that back up your claim? Opinion pieces?

I didn't figure you would understand common sense. The backlash towards Obama and the dems when millions got kicked off their insurance due to a lie would pale in comparison to the backlash when 100 million or so would get kicked off due to the business mandate. They saw the political damage it caused, and had the same thing x 10 looming on the horizon. Now we have "administrative reasons" 4 years after it was signed into law. At some point you are really going to have to be able to tell the difference between rain and someone pissing on your boot.
 

fskimospy

Elite Member
Mar 10, 2006
88,238
55,791
136
I didn't figure you would understand common sense. The backlash towards Obama and the dems when millions got kicked off their insurance due to a lie would pale in comparison to the backlash when 100 million or so would get kicked off due to the business mandate. They saw the political damage it caused, and had the same thing x 10 looming on the horizon. Now we have "administrative reasons" 4 years after it was signed into law. At some point you are really going to have to be able to tell the difference between rain and someone pissing on your boot.

Care to show any actual analysis that backs that up?
 

fskimospy

Elite Member
Mar 10, 2006
88,238
55,791
136
I suppose this is what you are referring to. Even you can't be so naïve to think the millions kicked off of their plans didn't cause some political backlash.

Mid-range estimate: 51% of employer-sponsored plans will get canceled.

http://www.forbes.com/sites/theapot...e-to-keep-their-health-plans-under-obamacare/

Sigh. As usual a right wing opinion piece relying on fanciful combinations of four year old numbers. Are you really so naive that you continue to be duped by the same people over and over again?

If plans are losing their grandfathered status it is because they are being changed. It is impossible to know from that number back in 2010 what percentage of plans would be 'canceled', not to mention the fact that your definition of being "kicked off your insurance" is insane. By your logic an employer that kept costs, coverage entity, and the entire plan the same but added coverage for say, birth control, would equate to every employee being "kicked off" their insurance. That's ridiculous.

I oppose the employer mandate because I think it's a dumb idea. I hope it is never implemented. I base my opinion on the economics of it though, not on some absurd opinion piece. Use your head.
 

fskimospy

Elite Member
Mar 10, 2006
88,238
55,791
136
FYI a right wing editorial piece is not analysis. Please use a credible research and policy analysis source.
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
Sigh. As usual a right wing opinion piece relying on fanciful combinations of four year old numbers. Are you really so naive that you continue to be duped by the same people over and over again?

If plans are losing their grandfathered status it is because they are being changed. It is impossible to know from that number back in 2010 what percentage of plans would be 'canceled', not to mention the fact that your definition of being "kicked off your insurance" is insane. By your logic an employer that kept costs, coverage entity, and the entire plan the same but added coverage for say, birth control, would equate to every employee being "kicked off" their insurance. That's ridiculous.

I oppose the employer mandate because I think it's a dumb idea. I hope it is never implemented. I base my opinion on the economics of it though, not on some absurd opinion piece. Use your head.

That's Obama post implementation. "Now, if you have or had one of these plans before the Affordable Care Act came into law and you really liked that plan, what we said was you can keep it if it hasn’t changed since the law passed,"

Pants on fire.

http://www.politifact.com/truth-o-m...-obama-says-what-hed-said-was-you-could-keep/
 

Darwin333

Lifer
Dec 11, 2006
19,946
2,330
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Which should tell you that it's a misleading figure. There's a huge amount of that where money is counted multiple times.

I personally think these derivatives are really dangerous financial instruments and should be regulated more closely, but numbers like that don't help anyone.

They likely include all the leverage. If you invest $100 and leverage it 5:1 it only takes a 20% downward move to lose the entire $100 and technically you could end up -$500 (including the initial $100 invested). Usually that doesn't happen because they won't let you get that far, either you put up more cash to cover it or they force you to sell your position.

The big banks (and .gov) like to play accounting tricks and flat out break the law to hide their losses when those bad movements take place praying to get (or make) a move in the right direction.
 

ivwshane

Lifer
May 15, 2000
33,730
17,378
136
Guys guys, it's ok, they both love corruption! So why all the fighting?

:':)'(

Honestly progressive dems and tea parties could easily come together on a few issues, especially when it comes to money and politics and government waste.