By William K. Black
Quito: June 3, 2015
We have known from the beginning that Lanny Breuer, who the Obama administration chose as its head of the Criminal Division in order to ensure that there would be no prosecutions of the banksters that led, and were enriched by the fraud epidemics that drove the crisis, would be a national embarrassment. Readers may recall that Breuer publicly admitted that what caused him to lose sleep was not the world’s most destructive fraud epidemics that ruined our economy or his grant of effective immunity to the banksters who led and became wealthy through those frauds. He lost sleep solely over his fear that if he held them accountable for the frauds that had bankrupted their corrupt banks those banks might be placed in receivership and honest managers appointed. (Of course, that isn’t how he phrased it, but that is what he was actually saying.)
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The Republicans and the Administration still can’t count on the 217 votes needed to pass Fast-Track, according to Politico. There are 245 Republicans and 188 Democrats in the House. Republicans are now “feeling new found optimism that at least 190 of their lawmakers” will support fast-track. So, that leaves 55 Republican opponents. Very near the maximum of 57 that TPP opponents have estimated could vote against it.
A few days ago, supporters of the bill reportedly could not count on more than 17 Democrats to vote for it, and no more than 20 after all the maneuvering and politicking has occurred. Today, the number of committed TPP Democrats seems to be 18. So, it appears not much progress has been made toward the 217 votes required to carry the measure, and the pro-TPP forces still have 9 votes to get, provided they don’t lose any of the 18 Democrats, called out publicly by Alan Grayson on June 1st, much to the regret and/or consternation of Steny Hoyer, perhaps the rest of the House leadership, and, at least some of the 18 Democrats called out. Continue reading →
Posted in Joe Firestone
Tagged Clyburn, congress, consent of the governed, democracy, Democratic Leadership, Fast-track, Grayson, Hoyer, investor state dispute settlement, ISDS, Pelosi, sovereignty, the House, TPP, Trans-Pacific Partnership