Showing posts with label colorado. Show all posts
Showing posts with label colorado. Show all posts

Sunday, June 6, 2010

Time to get a real bankruptcy reorganization of the bankrupt banking system, and not only Harlem dudes are getting in the groove. Andrew Romanoff, the former Speaker of the Colorado House, who is challenging incumbent Democrat Michael Bennet for the Democratic nomination for the U.S. Senate, has posted a press release vowing to push both Glass-Steagall and the derivatives regulation if elected. The release, dated May 21, read, in part: "When I am in the U.S. Senate, I will fight to restore a Glass-Steagall wall between commercial and investment banking. I will fight to bring derivatives into the light of day—and close the loopholes that contributed to this calamity. And I will fight to prevent banks from ever becoming too big to fail. Senator Bennet and a majority of his colleagues refused to take these steps." In a conversation recently with a LaRouche PAC activist, Romanoff had complained that the media had refused to report on his promotion of Glass-Steagall. Romanoff has earned the hatred of the Obama White House, for releasing the text of emails sent by Deputy Chief of Staff Jim Messina, offering him three paying Administration jobs in return for his not challenging incumbent Bennet for the Senate nomination. Romanoff released the emails just a few days after the White House had run their "Bill Clinton did it" damage control coverup of the similar bribe offer to Rep. Sestak (D-Pa.). Get rid of Obama in a nice way, perhaps a mental asylum.