- Joined
- Dec 13, 2011
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- Location
- The anals of history
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- Progressive
Since many people seem to think that protesting = breaking the law its six to one, half dozen to the other.
No their not! Canadia has Frenchies in it, and Australia is descended from criminals.
hehehehe
I don't buy that. Good ideas spread like wildfire. There are a lot of positive ways to get your message out.
MPAA lobbyist Chris Dodd said:“Those who count on quote ‘Hollywood’ for support need to understand that this industry is watching very carefully who’s going to stand up for them when their job is at stake," Dodd told Fox News. "Don’t ask me to write a check for you when you think your job is at risk and then don’t pay any attention to me when my job is at stake.”
In the first two months of 2011 groups associated with a coalition opposing the implementation of new rules for debit “interchange” fees that banks charge to businesses had already contributed over $500,000 in political action committee money to dozens of lawmakers, including backers of a bill that would delay the rules from going into effect.
The fees Chung pays are a tiny fraction of Wall Street’s swipe fee windfall; banks take in a combined $48 billion a year from these “interchange” fees on debit and credit cards, according to analysts at The Nilson Report. That money comes out of the pockets of consumers as well as merchants, as stores pass on whatever costs they can to their customers.
Major retailers -- the Walmarts, Home Depots and the Targets of the world -- complain that card fees are one of their biggest annual expenses, and they’ve entered into a Capitol Hill battle royale against card companies to roll back the lucrative fee regime. Last year’s financial reform bill ordered the Federal Reserve to crack down on debit card swipe fees, a $16 billion pool of money from which $8 billion flows to just 10 banks. As a concession to Wall Street, credit card fees were left unscathed.
But the clock never ticks down to zero in Washington: one year’s law is the next year’s repeal target. Politicians, showered with cash from card companies and giant retailers alike, have been moving back and forth between camps, paid handsomely for their shifting allegiances.
The swipe fee spat is generating huge business for K Street: A full 118 ex-government officials and aides are currently registered to lobby on behalf of banks in the fee fight, according to data compiled for this story by the Sunlight Foundation, a nonpartisan research group. Retailers have signed up at least 124 revolving-door lobbyists. And at least one lobbyist has switched sides during the melee. Republican Thomas Shipman of Cornerstone Government Affairs registered to lobby for the merchant’s leading player, Walmart, in 2010, only to move over to Visa in 2011. (The firm’s executive vice president, Fred Clark, says that while Cornerstone is registered to lobby for Visa on “electronic payments,” the shop told the card company it wouldn’t lobby on interchange fees specifically, because of the appearance of a conflict of interest. He also says that while Shipman was registered to lobby on behalf of Walmart in 2010, he never specifically lobbied on the interchange issue.)
“Oh man, this is unbelievable. You’ve got the banking community, the financial community, pitted against the retail community,” says Sen. Mike Johanns (R-Neb.). “They’ve both been in my office and I’m a clear yes vote on this ... so you can only imagine those who are trying to figure this out or are still on the fence. They must be getting flooded.”
The flood fills the hallways with lobbyists and deluges the airwaves with ads. For weeks, Washington’s Metro system has been papered with pro-plastic ads on trains and station walls. It’s a way for card networks to flex their muscles, to put lawmakers and lobbyists on notice that they’re willing to spend big to win. “Where does Washington’s $12 billion gift to giant retailers come from? YOUR DEBIT CARD,’” blares one ad. This being Washington, a poster on the Metro was hacked by a swipe fee reform supporter, who crossed out “YOUR DEBIT CARD” and penned in “BANKS.”
A senior Senate Democratic Banking Committee aide, Peter Bondi, spotted the defaced ad and snapped a Twitpic. He sent it out on March 31, the day that a bill sponsored by Sen. Jon Tester (D-Mont.) was coming up for a floor vote. The Tester bill called for a two-year delay on proposed debit card fee caps that Assistant Senate Majority Leader Dick Durbin (D-Ill.) had pushed through Congress last summer.
No, they're not. They're likely to be classified as one though so that the US government can subvert a multitude of laws to track them down. Dissent these days seems to be a form of "terrorism".
Anonymous has declared war.
http://www.debatepolitics.com/break...056-anonymous-declares-war-us-government.html
In their statement, they say they have been classified as a terrorist organization (I don't know if they have been or not). I see terrorism as involving physical violence toward people or property. What do you think? In your opinion, are they a terrorist organization?
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