Steve G.

Posts Tagged ‘Wall Street’

Trillion dollar ripoff is dead…for now

In Congress, Economics, Libertarian, Personal Responsibility, Politics, Republican, Taxation, Terrorism, Torture, US Government on September 29, 2008 at 7:26 pm

The House version of the Congressional wall street bankers bailout ripoff is dead. Conservative Republicans united with liberal Democrats in a narrow victory against the muddled middle, but the fight is not over.

Terra Eclipse has united a diverse group of interests, including MoveOn, Downsize DC, True Majority, Campaign for Liberty, United Liberty, FreedomWorks and the National Taxpayers Union to oppose and track no votes in the Senate and possible future votes in the House.

pdsa reports at IPR:

Republicans blamed Pelosi’s scathing speech near the close of the debate — which attacked Bush’s economic policies and a “right-wing ideology of anything goes, no supervision, no discipline, no regulation” of financial markets — for the vote’s failure.

“We could have gotten there today had it not been for the partisan speech that the speaker gave on the floor of the House,” Minority Leader John Boehner said. Pelosi’s words, the Ohio Republican said, “poisoned our conference, caused a number of members that we thought we could get, to go south.”

Rep. Roy Blunt, R-Mo., the whip, estimated that Pelosi’s speech changed the minds of a dozen Republicans who might otherwise have supported the plan.

Julie Hirschfeld Davis, “Stunning defeat for economy bailout; stocks plunge“, Associated Press, September 29, 2008

LP Presidential Candidate, Senator Mike Gravel, Interviewed By Newsweek

In Barack Obama, Censorship, Democracy, Democrats, Iraq War, Libertarian, Libertarian Convention, Libertarian Party-US, Media, People in the news, Politics, Presidential Candidates, Republican, US Government, War on April 1, 2008 at 12:11 am

Senator Mike GravelSenator Mike GravelLP Presidential candidates normally don’t get this level of media exposure, ever. Senator Mike Gravel’s switch to the Libertarian Party is causing a great deal of positive mainstream media attention. Below is an excerpt from the Newsweek interview, posted today. I will note that Last Free voice beat Newsweek to the punch, interviewing Senator Gravel within 48 hours of his decision to run as an LP candidate.

After the crowded presidential primary shrunk from eight Democrats and 11 Republicans to only three viable candidates between the two parties, what’s a spurned presidential hopeful to do? Well, if you’re Ron Paul, you ignore John McCain‘s inevitability and keep running anyway. If you’re former U.S. senator Mike Gravel, you switch parties.

Last Monday, the former Democrat swung by the Libertarian Party‘s national headquarters and defected. “We handed him a [membership] card on the spot,” says Shane Cory, the party’s executive director. Two days later, Gravel formally announced he would run to be the Libertarian candidate for president, joining a field of 15 others. Cory wouldn’t comment on Gravel’s chances at the convention, which will take start in Denver on May 22, but he did say that Gravel’s party swap has garnered some much-appreciated exposure for the Libertarians.

Gravel spoke to NEWSWEEK’s Sarah Elkins about the 2008 race and why he’s still running. Excerpts:

NEWSWEEK: You’ve been a Democrat for your entire political career. Was it a tough decision to switch parties?
Mike Gravel:
It had been eating at me–believe me–ever since I was a senator [he served from 1969 to 1981]. When I was in the Senate, I was a maverick and, at the end of my term, I was not particularly happy with my progress in terms of partisanship with the Democrats and Republicans. So when I left office, I stayed away from partisan politics altogether. But when I decided to get back in the game and to get my message out to the American people about the National Initiative [a political movement that would allow ballot initiatives at the federal level], I had to pick a party that would allow me to get into the debates … But of all the parties I was probably closest to the Libertarians.

It sounds like you’ve been interested in leaving the Democratic Party for some time. Why didn’t you make the move sooner?
It wouldn’t have made any sense for me to enter the race as a Libertarian. [As a Democratic candidate], I got into the debates and got a fair amount of visibility up until General Electric [which owns NBC] along with the Democratic Party leadership, said they would get me out of the debates. And they did. GE said I did not meet their criteria for participating in the debates. I think it’s very interesting that a defense contractor said I had to meet their criteria in order to participate in the MSNBC debates. We’ve really come down in democracy when a defense contractor can decide what the American people hear from a candidate. It was a [Democratic National Committee] sanctioned debate, so we complained to the DNC and found out that Howard Dean had agreed to it and that not a single one of the other Democratic nominees raised a finger in protest, meaning that they were totally tone deaf to the censorship of the military-industrial complex.

So you didn’t consider running as a Libertarian from the get-go?
I would have preferred to run as an independent or Libertarian or Green Party, but I knew that none of those candidates would have gotten any traction. So I used my position as a legitimate Democratic candidate to get my name out there.

You still have to win the Libertarian primary in order to run as the party’s candidate.
I am probably the most well known and certainly the most experienced in terms of running for president and as a government official. I have 16 years of experience in elected office and have been a senator, and I have a great deal of foreign-policy experience.

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You can read the very interesting three-page interview excerpt with Newsweek here.