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  • Dodd circulates bill to strip Fed of regulatory powers

    Brady Dennis and Binyamin Appelbaum
    Washington Post
    Tuesday, Nov 10th, 2009

    Sen. Christopher J. Dodd (D-Conn.) is circulating copies of a bill that would strip the Federal Reserve and other federal agencies of their powers to regulate the banking industry, instead creating a new agency to do that job.

    The much-anticipated draft, scheduled for a formal release this afternoon, is Dodd’s response to the sweeping proposal for financial reform introduced by the Obama administration this summer.

    His bill adopts some of the administration’s key proposals, including the creation of an agency devoted to protecting consumers of financial products.

    But on other key points Dodd’s draft breaks with the administration and with the emerging House version of the legislation. In particular, where the administration proposed expanding the Fed’s duties to include a new job policing financial risks to the broader economy, Dodd’s bill would strip the Fed of all responsibilities except for setting monetary policy.

    Full article here

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    17 Responses to “Dodd circulates bill to strip Fed of regulatory powers”

    1. guy fox Says:

      a film about nwo veri-chip and the coming forced chip implantand cop media you got to watch this and pass it on – resist the mark of the beast http://www.youtube.com/watch?v=CmvCFd866R8

      Colonel X Reply:

      This is GREAT but does it have a chance of passing? What with the bankster control of their bough-and-paid for Congress I doubt it will pass.

      THX1138 Reply:

      NO

      Jim Shores Reply:

      I can not remember Dodd contributing anything good.

      FreeThinker Reply:

      Why does he not team up with Ron Paul

    2. 3rd Says:

      3rd!!!

    3. Matzo Man Says:

      Note that it does not Audit The Fed! Dodd, pandering desperately for votes… It’s way too late now!

    4. Paul battis Says:

      This guy is still alive? I thought he had nut-sack disease.

    5. moose Says:

      Fox.Henhouse. Get a real job, Dodd. I’d like to see you with a big, heavy shovel and thick, cotton gloves.

    6. Melvin Says:

      Dodd needs to be in prison for crimes against the nation right alongside Charles Rangel for income tax evasion.

    7. JJ Says:

      ############### SPREAD THIS INFORMATION ###############

      Wall Street criminals exposed By Marcy K.:

      kaptur.house.gov/index.php?option=com_content&task=view&id=289&Itemid=1

      youtube.com/watch?v=tMCZ8JeEpUw
      or
      fednet.net/asx/2008/kaptur092208.asx

      Tim Geithner refusus to answser Brad Shermans question:

      youtube.com/watch?v=rEpmRv2kAng
      or
      youtube.com/watch?v=_nWFfJQtoT8
      HQ version: youtube.com/watch?v=Gvt1uzLv15o

      Rep. Alan Grayson asks the FEDERAL RESERVE Inspector General where the money is gone..:

      youtube.com/watch?v=PXlxBeAvsB8
      HQ version: youtube.com/watch?v=cJqM2tFOxLQ

      **********TAKE ACTION – END THE CRIMINAL RESERVE**********

      Bills to be supported: S 604 and HR 1207
      http://www.ronpaul.com/on-the-.....ve-hr-1207
      or
      http://www.campaignforliberty......d-home.php
      or
      http://www.auditthefed.com

      Unmask the criminals
      http://www.unmaskthefed.com

      ############### SPREAD THIS INFORMATION ###############

    8. JJ Says:

      Earth and it’s inhabitants need more, not less, CO2.
      More CO2 means:

      * More Plant Growth
      * Plants need less water
      * More food per acre
      * More robust habitats and ecosystems

      CO2 is Earth’s greatest airborne fertilizer. Without it – No Life On Earth!

      www(dot)co2isgreen.org
      http://www.plantsneedco2.org

      scienceandpublicpolicy.org
      - – - -

      [Al Whore the dickhead and Co] The criminal Banking cartel EXPOSED
      youtube.com/watch?v=JrRusZOx3l4
      - – - -

      “Debunking David De Rothschild And The Global Warming Hoax”
      youtube.com/watch?v=zN7ioCiSmtc
      - – - -

      Global warming or global governance?
      - -Interviews of climate scientists and biologists from numerous sources who explain, step by step, why Al Gore and the global warming alarmists are incorrect. In some cases, blatantly so. It also provides evidence that the global warming agenda is being funded with tens of billions of dollars as a mechanism to create global governance. Hear from congressmen, experts and even well-known news broadcasters how global governance puts global institutions that are not accountable to the American people in control of every aspect of our economy. The U.S. government is very close to making this a reality.- -
      video.google.com/videoplay?docid=3069943905833454241
      or
      video.google.com/videoplay?docid=4860344067427439443
      www(dot)globalwarmingglobalgovernance.com
      - – - -

      Lord Christopher Monckton, former science adviser to British Prime Minister Margaret Thatcher says UN-climate Treaty when ratified will create A WORLD GOVERNMENT
      (Full presentation of Lord Christopher Monckton, which was sponsored by Minnesota Free Market Institute mnfreemarketinstitute.org at the Bethel University in St. Paul, 14 oktober 2009)
      youtube.com/watch?v=stij8sUybx0
      Short part of the presentation:
      youtube.com/watch?v=PMe5dOgbu40
      A short transcription is found here:
      infowars.com/obama-poised-to-cede-us-sovereignty-claims-british-lord
      Lord Monckton’s PowerPoint presentation is available in pdf, download on this link:
      (17,5 MB) [some page's of the pdf are clickable]
      www(dot)friendsofscience.org/assets/documents/monckton_2009.pdf

      Monckton on Fox TV
      foxbusiness.com/search-results/m/27020954/british-lord-against-obama.htm
      download (39,6MB)
      media2.foxnews.com/102209/102209_HH_Monckton_B1200.flv
      - – - -

      Take a cold bath in reality by reading “A Cooling Trend Toward Global Warming.” thenewamerican.com/index.php/tech-mainmenu-30/environment/942
      - – - -

      [For US] TAKE ACTION

      Contact your Senators and tell them to oppose Cap-and-Trade!
      www(dot)campaignforliberty.com/campaigns/hr2454action.php
      http://www.campaignforliberty......tition.php
      Direct-email addresses, tel, fax:
      ourcountrydeservesbetter.com/campaigns/stopcapandtrade
      Sign:
      ipetitions.com/petition/stopcaptradetax

      Let them know that you don’t want a world government, a tax based on junk science, etc !
      Current status: 131,860 Letters and Emails Sent So Far!!
      http://www.rallycongress.com/m.....ority/2485
      or (both same as above)
      globalclimatescam.com/?page_id=560
      nocapandtrade.com/petition

      Reject the UN-Climate Treaty
      (current status: 39614 signatures)
      http://www.webcommentary.com/php/SignRepudForm.php
      Read Instrument of Repudiation:
      webcommentary.com/images/climate/repudiation72.jpg
      More information: webcommentary.com/signrep.php

      BOYCOTT THESE COMPANIES/SERVICES
      nocapandtrade.com/boycott
      (104 websites around the world of huge brainwashing activities)
      globalclimatecampaign.org

    9. MakesSense Says:

      This is probably a cover-up to do some half-arsed job to make it look like the Federal Reserve is under control and doesn’t need an audit. It’s no different than two weeks ago someone started circulating a bill to do a fake-audit of the Fed that wouldn’t be complete – just so a real one would be derailed.

      A new study shows that 40% of the Congress are seats held by millionaires. Some have in excess of $200,000,000 and higher – nearly all earn in excess of $600,000 yearly.

      Obama is a poor man. He only has $4,000,000,000 to his name.

      Pelosi’s not listed but for a fact her estate in Marin County is worth well in excess of $2,000,000, so certain she’s in on the game of pretending to fake-audit the Fed and fake-control it – in front of the TV cameras when they like to parade around and do show-and-tell.

    10. MakesSense Says:

      Obama is a poor man. He only has $4,000,000 to his name.

      $4Million, 3 too many zeroes!

      They’re mostly all Democrats too, the ones with the hundreds of millions but a few Republicans too – not that they’re not all the same one-single-party anymore.

    11. whitewash Says:

      what a crock of sh@t!!……….Dodd is as bad as they CUM>>>>……….

    12. WANT ME WORRY AMERICA : Says:

      SEN. DUDD WANT THE DEMO-RATS TO HAVE MORE CONTROL ON YOUR TAX DOLLARS ?
      LOOK AT THE GREAT JOB THEY HAVE BEEN DOING, SPENDING EVERY DOLLAR THEY CAN GET THERE HANDS ON ?
      WOULD YOU TRUST THE DEMO-RATS WITH THE TREASURY AMERICA ????????
      PIG ASS I WOULD’NT LET THEM WITHIN A HUNDERD FEET OF THE TREASURY AMERICA !!!!!!!
      WAKE UP AMERICA, THEY ARE TAKING YOUR RIGHT AWAY. SOON YOU WILL BE CALLING OBAMIE A DICTATOR AND IT DOES LOOK LIKE HIS GROUP OF THUGS WANT TO TAKE THE COUNTRY OVER ?
      IT’S TIME TO DERAIL THE COMMY EXPRESS AND RESTORE THEFOUNDING FATHERS FORM OF GOVERNMENT AMERICA !
      HOW MUCH SAND DO YOU NEED KICKED IN YOUR FACE AMERICA ?????
      IT’S TRULY TIME TO ACY AMERICA, GET THE VOTE OUT AND GET THE COMUNIST OUT OF WASHINGTON, D.C. NOW !

    13. The Truth Says:

      Over many years we have all been lied to by our Governments, but not just our Governments but many religous leaders. Many things we have been taught are not even in Scripture and millions have swallowed so many lies by these false prophets. If you are a truth seeker please visit the following web site and take the time to read some of the articles, you will be shocked.

      http://www.2besaved.com

      Blessings
      Ben


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