Thursday, June 25, 2009

Cap & Trade *** Health Care

Urgent!!

Tomorrow, Friday, June 26th will be the beginning of the end of our country as we know it should the Congress pass the Cap & Trade Bill which is huge Tax Legislation that will drive American jobs overseas, cause a tremendous surge in fuel costs, and make YOU pay a lot more tax. The Health Care Bill is also going to be voted on tomorrow. Our government has admitted they have no way to fund the Health Care Bill in its current form which is in the Trillions of Dollars. Do you have any idea of how big a Trillion is? We can show you.

Did you know most of the legislators who signed both stimulus bills never read them? Do you think they will read these and all the add ons when they reach the floor for a vote? Hold them accountable. Demand they listen to your voice!

Write your legislator today! Call your legislator today! Fax your legislator today!

Political preferences have no home when it comes to legislation that will ruin our lives.
Please contact your senators and congressmen.

Forward this link to everyone in your address book. We wouldn't ask you to do this if it wasn't so important. It's time for all of us to step up to the plate.

Pennsylvania email forms for our legislators in District 12 can be found at the bottom of the web/blog page. Scroll down.

Thank you, Please Bless America God, as we surely need yours.

Patriots for Freedom
The 912 Project

Meeting Thursday June 25th

Reminder of meeting tonight in California PA at 630p at the Young Men's Club.
Planning for our Independence Day Parade event and other events will be done. Also, discussion and survey formation will begin.
Please come. Bring friends and family.

Patriots for Freedom
The 912 Project

Follow the Constitution!

Thursday, June 11, 2009

Cap and Trade

Here is a link to an article by the Heritage Foundation on the Cap and Trade Issue. It is very good. It gives a clear explanation of the issue and how it is being presented by those in favor of this Clean Energy Act. This is H.R. 2454.

http://www.heritage.org/Research/EnergyandEnvironment/wm2476.cfm

Monday, June 8, 2009

Congressmen on the Constitution

Congressman Ron Paul addresses Congress in April about the Budget deficit and the overreaching of the Federal Government.
Congresswoman Michelle Bachman questions Bernake and Geitner on where in the Constitution do they get their authority to do what they are doing. A must watch video!!
They are some of the few who get it.

Copy and paste these links:

http://www.google.com/url?q=http://www.youtube.com/watch%3Fv%3DpoyHtxCGGsE&source=video&vgc=rss&usg=AFQjCNHpH58aWDaLR8sBkIwB8sMA-j0nXQ

http://www.youtube.com/watch?v=vYdLim0Ct1A

Wednesday, June 3, 2009

H.R. 1207: Fed Reserve Transparency Act of 2009

Note the proposed legislation. Please write your legislator to support HR 1207.

To amend title 31, United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States and the manner in which such audits are reported, and for other purposes.

Overview

Sponsor:
Text:
Summary | Full Text
Status:
Occurred: IntroducedFeb 26, 2009
Occurred: Referred to CommitteeView Committee Assignments
Not Yet Occurred: Reported by Committee...
Not Yet Occurred: Voted on in House...
Not Yet Occurred: Voted on in Senate...
Not Yet Occurred: Signed by President...
This bill is in the first step in the legislative process. Introduced bills and resolutions first go to committees that deliberate, investigate, and revise them before they go to general debate. The majority of bills and resolutions never make it out of committee. [Last Updated: Jun 3, 2009 8:31AM]
Last Action:
Feb 26, 2009: Referred to the House Committee on Financial Services.


Related:

Fed Finance Regulatory System Changes Proposed

House Members Finalizing Proposal to Overhaul Financial Regulatory System

Rich Edson, Washington Correspondent FOXBusiness

House Republicans are finalizing their plan to overhaul the financial regulatory system, which would direct failing companies into bankruptcy instead of bailouts and would strip the Federal Reserve of its oversight authority on the financial industry, according to people close to the discussions.

These people described the plan as one that “stops rewarding failure,” ensures “taxpayers are never again asked to pick up the tab for bad bets on Wall Street” and restores “market discipline.”

Republican members of the House Financial Services Committee are aiming to complete their proposal with House Republican leadership by Tuesday. House Democrats and the Obama Administration are writing the details of their proposals, perhaps announcing their reform bill in the next couple of weeks, according to Administration officials.

The Republican plan offers direct opposition to the creation of a systemic risk regulator and granting the government resolution authority -- two integral components of regulatory reform backed by the White House, Treasury Secretary Timothy Geithner, House and Senate leadership, and Federal Reserve Chairman Ben Bernanke.

The Republican plan calls for the creation of a Consumer Protection and Market Stability Board instead of a systemic risk regulator, according to people close to the negotiations. The board would monitor the economy for regulatory gaps and report that information to Congress and existing regulatory agencies. It would have no enforcement authority.

The House Republican proposal would also subject the Federal Reserve to audits by the Government Accountability Office, and strips it of many of its oversight and consumer protection powers and transfers them to other agencies. The plan would also combine the Office of the Comptroller of the Currency and the Office of Thrift Supervision, according to people close to the negotiations.

The House Republican proposal also challenges the idea of a systemic risk regulator. This plan calls for failing, systemically important companies to go through the existing bankruptcy process. The proposal would create a new chapter in the bankruptcy code to allow judges to halt claims by creditors to avoid runs on the company, according to people close to the negotiations.

The proposal would end the conservatorships of Fannie Mae (FNM: 0.69, -0.01, -1.43%) and Freddie Mac (FRE: 0.7464, -0.0247, -3.2%) -- longstanding Republican targets -- in the next two years, and mandate they transform into fully private institutions.

The proposal also calls for stricter oversight of credit-rating firms and stronger authority for government agencies to enforce consumer protections.