Friday, February 5, 2010

Obama Says "JUMP" and Alan Grayson says "HOW HIGH!"

From "Big Journalism" Why Obama Hates the Recent SCOTUS Decision, James Hundall has a great post on why the President is so upset with the Supreme Court's ruling. He quotes Pres. Obama:

"With its ruling today, the Supreme Court has given a green light to a new stampede of special interest money in our politics. It is a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans. This ruling gives the special interests and their lobbyists even more power in Washington–while undermining the influence of average Americans who make small contributions to support their preferred candidates. That’s why I am instructing my Administration to get to work immediately with Congress on this issue. We are going to talk with bipartisan Congressional leaders to develop a forceful response to this decision. The public interest requires nothing less."

And it looks like my Congressman, Rep. Alan Grayson (D) took his orders well. He's now come up with 8 new, free-speech-hating bills that he thinks will go over well at home. For the statests, maybe, but for the folks like me, people that look at the "Tea Party" movement as a good thing, and think our government is way out of control, it goes over like a cement truck off a cliff. Here's what I said back to Rep. Grayson, I get his news letter so you don't have to:

1) The Business Should Mind Its Own Business Act (H.R. 4431): Implements a 500% excise tax on corporate contributions to political committees, and on corporate expenditures on political advocacy campaigns.

HR4431: So you would have congress pass a law that abridges the right of free speech by taxing the hell out of it? Have you read the Constitution?

2) The Public Company Responsibility Act (H.R. 4435): Prevents companies making political contributions and expenditures from trading their stock on national exchanges.

HR4435: See above? Punishing a company for doing what the SCOTUS says is constitutional?

3) The End Political Kickbacks Act (H.R. 4434): Prevents for-profit corporations that receive money from the government from making political contributions, and limits the amount that employees of those companies can contribute.

HR4434: I see you leave out Unions, which are corporations that make millions for their leaders. And you want to limit free political speech of individuals, just because the work for a company that is doing something you don't like?

4) The Corporate Propaganda Sunshine Act (H.R. 4432): Requires publicly-traded companies to disclose in SEC filings money used for the purpose of influencing public opinion, rather than promoting their products and services.

HR4432: If all contributions to politicians, political parties or advocacy groups had to be disclosed then we wouldn't need this, but your party and many Rep. don't want this......Why? Let the people see who is paying for what and let them make up their own minds.

5) The Ending Corporate Collusion Act (H.R. 4433): Applies antitrust law to industry political action committees.

HR4433: As long as this applies to unions as well, I have no problem with it.

6) The End the Hijacking of Shareholder Funds Act (H.R. 4487): This bill requires the approval of a majority of a public company’s shareholders for any expenditure by that company to influence public opinion on matters not related to the company’s products or services.

HR4487: What the hell business is it of yours what a company does with the money and power they have been entrusted with by its shareholders. If the shareholders don't like what the company is doing they are free to sell their stock, just as the free market says they can. Or they may vote to change the BOD and the path the company takes. The company bylaws should dictate how the leadership makes up its mind on how to spend money.

7) The America is for Americans Act (H.R. 4510): Bans all political contributions from foreign companies, or domestic companies with any foreign owners.

HR4510: See my last email, the law already prohibits this.

8) The Pick Your Poison Act (H.R. 4511): Requires corporations to choose between using lobbyists to influence the political process, or spending money on campaign propaganda.

HR4511: Again, stay out of how companies spend their own money, they may pay for the vampires on K-street and pay into PACs if they so choose, or to candidates or to parties. They earned the money, they get to spend it.

Man, who comes up with the names to these things? The progressive libs like Alan truly think that we are that stupid, they think "well that sound good, let's support it" and we won't dive any deeper. Well, thanks to Al Gore for inventing the Internet, so we can now look up all sorts of things, see videos of what people said, so we can get the real truth, and make up our own minds. Thanks Al.


BAHL said...

Thanks for throwing Grayson under the bus. Well done! Count the investor class as a victim of HR4435. As an active investor, lmiting the potential investment opportunities on the corner of Wall and Broad through the passage of some idiotic congressional bill goes against free market capitalism, which I am afraid, is the whole idea behind these progressive foot soldiers. We have a role to play in defeating this movement, and it starts right here in Conway by working to send Grayson back to wherever he came from.

Cap'm said...

Amen brother!