TV News LIES

Saturday, Jan 21st

Last update05:20:13 AM GMT

You are here News Congress Did Your Representative Cause the Financial Crisis?

Did Your Representative Cause the Financial Crisis?

E-mail Print PDF

In 2000, Congress passed a law barring states from regulating credit default swaps under their gambling and “bucket shop” laws. This set the stage for the market in “financial derivatives” that are a big part of what is causing the economic meltdown today.


One hundred fifty-five of the Members of Congress who voted for this law are still serving—and they’re up for reelection next week. You might want to take their votes on credit default swaps into account when you go to your polling place.

The Senate passed the bill on “unanimous consent.” Everyone just agreed to let it go through, including 22 Senators who are up for reelection.

More...


Most Recent Related Stories...


HHS nominee's stock buys raise ethical questions: report

Tom PricePresident-elect Donald Trump’s nominee for secretary of Health and Human Services purchased shares in a medical...

Trump unleashes Twitter attack against Congressman John Lewis

John LewisDonald Trump tore into civil rights legend John Lewis for questioning the legitimacy of the Republican...

Breaking: Total Abortion Ban Debuts in Congress

Steve KingRep. Steve King (R-IA) on Thursday introduced the first federal “heartbeat bill” modeled on a failed...

Dems 'outraged' with Comey after House briefing

ComeyA number of House Democrats left Friday's confidential briefing on Russian hacking fuming over the actions...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!