Sunday, October 5, 2008

Anna Eshoo: Repeal of Glass-Steagall Act

How did our little Miss Anna vote on the repeal of the Glass-Steagall Act?

AYE

Vote on Conference Report: S. 900: Results
(aka Gramm-Leach-Bliley Act)

Anna Eshoo: "Wall Street has been allowed to run free with little oversight or regulation to protect the American taxpayer."

You're right, bi***. Thanks for doing your part to foster it.

Saturday, October 4, 2008

Eshoo Explains Vote for Bailout Bill

What did the DOW do AFTER the bill was passed?


She is absolutely clueless.
Who is the bill really for?



2008-09-30: Eshoo explains vote for bailout bill
Calling it "as tough a vote I have ever taken in Congress," Rep. Anna Eshoo, D-Palo Alto, said she voted for the financial recovery bill Monday in Washington "because of the many critical issues plaguing the U.S. financial system."

The vote for the Emergency Economic Stabilization Act failed on a 205-228 vote. Most of the Bay Area Democratic Congressional delegation, with Eshoo and House Speaker Nancy Pelosi, D-San Francisco, voted for the bill, which came up 12 votes short of passage. Local representatives voting against the bill were Barbara Lee (Berkeley/Oakland), Pete Stark (East Bay) and Lynn Woolsey (Marin County).

Failure of the House to approve the emergency legislation, after intense negotiations and lobbying over the last week, helped cause the stock market to plunge, with the Dow Jones average plummeting almost 778 points, the greatest one-day point loss in its history (although not the greatest drop percentage-wise).

"This financial crisis is proof-positive of the failed economic policies of the Bush administration which has engaged in 'cowboy capitalism' for too long," Eshoo said. "Wall Street has been allowed to run free with little oversight or regulation to protect the American taxpayer.
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Anna Eshoo Voted for Wallstreet Bailout


Vote #1:
H R 3997 RECORDED VOTE 29-Sep-2008 2:07 PM
Voting Results

Vote #2: H RES 1525 YEA-AND-NAY 3-Oct-2008 10:34 AM
Voting Results

What Did Anna Eshoo Say about the Bailout?

2008-09-28:
Update on the Financial Rescue Package


As I continue my work representing you, I’m mindful of the profound responsibility I have to you and my solemn obligation to do my utmost to protect the taxpayer and help bring our country through the largest financial crisis in the history of the world. I believe if we do nothing, our ability to obtain a home mortgage, a car loan, a loan for small businesses, or even a credit card will become highly difficult or impossible. Even more financial institutions could fail and millions could lose their savings, thousands of jobs could be lost, and large parts of our economy could cease to function. The repercussions would be far greater than the cost of a financial rescue program. Let me know what you think . I value what my constituents say to me because I always benefit from your ideas.

How to Contact Your Congressman

Who is Anna Eshoo

Anna Eshoo
Eshoo Homepage

Democrat Representative for California's 14th District
First sworn in as a Member of the United States House of Representatives in 1993