The Thing In The Budget Bill That No One Supports But Won’t Be Taken Out

The budget bill called the “Cromnibus” (for Continuing Resolution and OMNIBUS budget bill) contains a provision that undoes an important part of the Dodd-Frank Wall Street regulation bill. It would allow banks to gamble on derivatives using money from taxpayer-protected accounts. Citibank literally wrote the provision and paid someone to put it in the bill.

No one in the House or Senate will say who was paid to put it in the bill. No one will admit to putting it in the bill. No one will say that support this provision. But it will not be taken out of the bill.

OK this is not a rhetorical question, it is a question to broadcast. This was written word-for-word by Citibank, to benefit Citibank, putting the taxpayers at great risk. How can something like this be in a bill if no one put it in the bill and no one indicates support for it? How can we not get it taken out if no one will say they put it in and no one will say they support it?

Someone was obviously paid to put it in the bill. People are obviously being paid to keep it in the bill.

How FAR from the principles of democracy, transparency, accountability and everything the country, the Constitution and the Congress are supposed to stand for can we go here?

Please click here now to call your senators and tell them to stand up against this dangerous attempt to rig the rules for Wall Street – and against us.