Today the Funny or Die crew took the fight for financial reform to a knew level, tapping the talents of reality TV star Heidi Montag who delivers the message that "with hidden fees and standard interest rate increases, that $11,000 jaw line can end up costing $50,000 dollars!" Montag is famous for her multiple plastic surgeries featured recently on the cover of People magazine.
Watching the devolution of the bank reform bill in the U.S. Senate has been painful. Banking Chairman Chris Dodd’s original proposal unveiled last year had numerous strengths, most significantly the removal of bank supervisory authority from the Federal Reserve. Dodd had decided that the Fed had done such a lousy job ignoring the housing bubble and failing to crack down on predatory lending in the mortgage market that it shouldn’t be given a second chance.
The steady stream of revelations regarding the role Goldman Sachs has played in the fleecing of Europe should reinvigorate efforts in Congress to rein in the reckless trading that could send the global economy into another tailspin.
One Man's Temper Tantrum Cuts Unemployment Benefits for 200,000 People!
One Senator, Jim Bunning (R-KY), was able to stall Senate action so that the federal extended Unemployment Insurance program expired on February 28. Watch the video, of Bunning running from reporters asking him why he is objecting to renewing this lifeline for American workers and the communities where they live. More than 200,000 long-term unemployed people this week alone are losing benefits they should be getting. If Congress delays further, up to 1.2 million will lose desperately needed benefits by the end of March. Take action today by going to BanksterUSA and sending a message to your member of Congress to save Unemployment Insurance!
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