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Open Letter: Congresswoman Barbara Lee Double-Cross Over $700 Billion Bailout Package

by Lynda Carson (tenantsrule [at] yahoo.com)
Congresswoman Barbara Lee votes to reward those predatory and subprime lenders who are creating such havoc in the lives of millions of Americans!

ATTN: Rep. Lee Double-Cross Over $700 Billion Bailout Package

Friday, October 3, 2008 2:57 PM

From:

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"Lynda Carson"
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For Immediate Release

Contact: Lynda Carson 510/763-1085

October 3, 2008

ATTN: Rep. Lee Double-Cross Over $700 Billion Bailout Package

Oakland -- In a colossal political blunder, Congresswoman Barbara Lee double-crossed her constituency and voted for H.R. 3997, the $700 billion bailout scheme to enrich the billionaires on Wall Street.

On September 29, 2008 Congresswoman Barbara Lee sent out an e-mail in opposition to the $700 billion Wall Street bailout scheme, which encouraged tens of thousands more to speak out and voice their opposition to the scam of the century.

After ignoring hundreds of thousands of phone calls by constituents opposed to the $700 billion Wall Street bailout scheme, the democratic leadership including Rep. Barbara Lee decided to stick it to their constituents in a double-cross that will never be forgotten.

There were over 83,000 phone calls alone made to Senator Dianne Feinstein before sticking it to her constituents, by siding with the War Criminals of the Bush Administration in the bailout scheme known as cash for trash.

Meanwhile in Oakland, Congresswoman Barbara Lee has ignored the plight of 3,885 poor public housing tenants facing the loss of their public housing while the Oakland Housing Authority recently voted to dispose of 1,615 public housing units.

(Oakland plans to abandon the poor in public housing)
http://postnewsgroup.net/2008/09/15/oakland-plans-to-abandon-the-poor-in-public-housing/

Along with thousands of Oakland's poor public housing tenants being forced out of Oakland's public housing due to a lack of funding, over 500 low-income renters of Oakland also face eviction after being abandoned by Oakland Community Housing, Inc., Oakland city officials, and Congresswoman Barbara Lee.
http://www.indybay.org/newsitems/2008/07/17/18516962.php

Oakland residents and the democratic constituents of the Bay Area are outraged that there seems to be plenty of money ($700 billion & more) for the bailout scheme for wealthy billionaires on Wall Street who have ripped off the American public, while Congresswoman Barbara Lee and the democratic leadership ignore the plight of Oakland's poor being dumped out of their public housing.

See below for September 29, 2008 e-mail from Congresswoman Barbara Lee, to Lynda Carson.

Lynda Carson may be reached at; tenantsrule [at] yahoo.com


--- On Mon, 9/29/08, Congresswoman Barbara Lee wrote:
From: Congresswoman Barbara Lee
Subject: Congresswoman Lee Opposes Bailout Package, Leads Peacemakers Legislation to House Passage
To: "Lynda Carson"
Date: Monday, September 29, 2008, 6:06 AM

Congresswoman Lee Opposes Bailout Package, Leads Peacemakers Legislation to House Passage

In Opposition to the Massive Financial Bailout 09/29/08
Congresswoman Lee opposed the financial bailout bill that was considered by the House today. She voted against H.R. 3997, the Emergency Economic Stabilization Act, which failed on a vote of 205-228. 

(See September 29, 2008 full Congresswoman Barbara Lee statement below...)


Congresswoman Lee Opposes Massive Bailout
09/29/08

Legislation Would Have Rewarded Predatory and Subprime Lenders

Washington D.C.- Today Congresswoman Barbara Lee delivered the following statement on the House floor in opposition to the financial bailout bill considered today. The Congresswoman voted against the bill, which failed by a vote of 205-228.   

“Thank you Madame Speaker and thank you Mr. Frank, the Chairman of the Financial Services Committee, for his efforts to improve the administration’s $700 billion blank check proposal.   

“As a former member of the House Financial Services Committee for eight years, I can tell you that the situation we find ourselves in is the direct result of the deregulation happy, turn a blind- eye approach of this administration and its allies in Congress.
 
“Now we see the horrific price of these reckless deregulation policies.  More than 600,000 Americans have lost their jobs since January.  People need jobs to obtain credit and to pay their rent.   They need jobs to pay their mortgages or to put money in their 401k or retirement account.  Millions of people are living paycheck to paycheck, if they have a paycheck.

“Home foreclosures are skyrocketing, and home values are plunging, banks are failing and we are still spending more than $10 billion every month on a war in Iraq that should never have been waged.

“So there is no question that we are confronting an economic and financial crisis.

“But I’m convinced that this bailout plan is not the solution to this mess.  

“First, it does little to address the underlying problem – the foreclosure crisis. We need a moratorium on foreclosures and bankruptcy reform to help people stay in their homes.

“Second, this bill should be paid for by the high-flying industry that created this problem.   $700 billion should not be given to Wall Street and the Bush Administration unless those who cause this mess pay for it. We should also prohibit the tax deductibility -and my bill the Income Equity Act  (HR 3876) would do this across the board -  of executive compensation in any company where the highest paid corporate officer is paid more than 25 the times the pay of a bailed-out company’s lowest-paid worker.  

“And third, we need an economic stimulus package to deal with the crushing reality of the recession that is hitting people hard and growing every day.

“I cannot vote to reward those predatory and subprime lenders who are creating such havoc in the lives of millions of Americans. 

“There is a better way.”

# # #
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Vote switchers on financial bailout

4 hours ago

WASHINGTON (AP) — Sixty lawmakers Friday switched from their previous position on the huge Wall Street bailout measure. Fifty-eight switched from "no" to "yes," one switched to oppose the measure and a lawmaker who was absent on Monday voted "yes." Here's the breakdown by party and state:

Republicans, No to Yes (25)

Arizona — John Shadegg.

Florida — Vern Buchanan, Ileana Ros-Lehtinen.

Illinois — Judy Biggert

Louisiana — Rodney Alexander, Charles Boustany.

Michigan — Joe Knollenberg, Peter Hoekstra.

Minnesota — Jim Ramstad.

North Carolina — Howard Coble, Sue Myrick.

Nebraska — Lee Terry.

New Jersey — Rodney Frelinghuysen.

New York — Randy Kuhl.

Ohio — Jean Schmidt, Pat Tiberi.

Oklahoma — Mary Fallin, John Sullivan.

Pennsylvania — Charles Dent, Jim Gerlach, Bill Shuster.

South Carolina — Gresham Barrett.

Tennessee — Zach Wamp.

Texas — Mike Conaway, Mac Thornberry.

___

Republican Jerry Weller of Illinois was absent Monday. He voted yes on Friday.

___

Democrats No to Yes (33)

Hawaii — Neil Abercrombie, Mazie Hirono.

California — Joe Baca, Barbara Lee, Adam Schiff, Hilda Solis, Mike Thompson, Diane Watson, Lynn Woolsey.

Nevada — Shelley Berkely.

Iowa — Bruce Braley.

Indiana — Andre Carson.

Missouri — Emanuel Cleaver.

Texas — Henry Cueller, Al Green, Sheila Jackson Lee, Solomon Ortiz.

Maryland — Elijah Cummings, Donna Edwards.

Arizona — Gabrielle Giffords, Harry Mitchell, Ed Pastor.

Illinois — Jesse Jackson Jr., Bobby Rush.

Michigan — Carolyn Kilpatrick.

Georgia — John Lewis, David Scott.

New Jersey — Bill Pascrell.

Ohio — Betty Sutton.

Massachusetts — John Tierney.

Vermont — Peter Welch.

Oregon — David Wu.

Kentucky — John Yarmuth.

___

Democrats Yes to No (1)

Washington — Jim McDermott.
by roustabout
Pete Stark from Fremont stood up, Monday and Friday, and voted against.

Barbara Lee once again caved.

I've never thought of her as terribly principled, but I am surprised, given that when I called the office Monday to congratulate her on the vote and encourage her to stay strong, her office seemed to think at the time that it was a vote of principle and that she would continue to vote against this grotesque economic Patriot Act.

Thanks for nothing, Barbara.

Don't expect my vote in November. Though I'm sure the result here will again resemble a North Korean election. The greens aren't even running a candidate, and neither of the others "in" the race have any reported fundraising on opensecrets.

Why is it necessary or possible for Lee to raise nearly a million bucks in a race where she's essentially unopposed? Law firms and relal estate outfits currying favor. Oh, and a defense contractor. Nice.

Here's the defense contractor:

BRIGGS, FERNAL
SILVER SPRINGS,MD 20910 DTM CORP./VICE PRESIDENT 6/7/07 $2,300 Lee, Barbara (D)

Oh, interesting. Isn't there a 2300 limit on contributions from indidviduals? Because Ms. Lee
got two checks on the same day from these people. Perhaps one to her PAC? (an aside: Barbara Lee needs a PAC? Huh?)

BRIGGS, FERNAL
SILVER SPRINGS,MD 20910 DTM CORP./VICE PRESIDENT 6/7/07 $2,300 Lee, Barbara (D)
BRIGGS, FERNAL
SILVER SPRINGS,MD 20910 DTM CORP./VICE PRESIDENT 6/7/07 $1,700 Lee, Barbara (D)


http://findarticles.com/p/articles/mi_qn4183/is_20071123/ai_n21126169

Here's a URL for a complete list of individuals donating. Might be time for a letter writing campaign to these people, at least those who aren't obviously career pols, asking them if they're still happy about their donations. This may not work as a link - there's a captcha at opensecrets.

But it's definitely worth doing the search.

http://www.opensecrets.org/indivs/search.php?capcode=bccfb&name=&employ=&cand=Lee,%20Barbara&state=&zip=&all=N&old=N&c2008=Y&c2006=N&c2004=N&sort=A&page=1
No worker, those of us who sell our labor for less than $76,000 a year, has any business voting for the twin parties of capitalism, the Democrat-Republicans, paid for by the same corporations to perpetrate the same criminal agenda of war and fascism to maximize the profits of the capitalist class. The only reason the Democrats exist is to make sure we never vote Red (socialist-Peace & Freedom) or Green by espousing popular rhetoric when running for office and then when taking office, doing the bidding of the ruling class.

Barbara Lee not only committed a crime against the workingclass by voting for this grand larceny, she voted for the resolution praising the Butcher of Palestine, Ariel Sharon, and she unashamedly voted to support the illegal Pledge of Allegiance when the 9th Circuit correctly voted against it as it violates the Church-State separation mandate of the First Amendment which Barbara Lee swore to uphold when she took her oath of office, and repeats that oath every 2 years upon being re-elected, thus committing perjury. BARBARA LEE ALWAYS ENDORSES THE ENTIRE ROTTEN DEMOCRATIC PARTY TICKET, FROM PRESIDENT, TO US SENATE TO ALL THE REST OF THE PRO-WAR, PRO-DEATH PENALTY, PRO-ISRAEL, PRO-LANDLORD GANG OF ANTI-WORKINGCLASS THIEVES.

YOU MUST VOTE YOUR CONSCIENCE IF YOU WANT ANYTHING TO GET BETTER. Only Peace & Freedom Party and Green Party candidates all oppose this grand theft of our tax dollars of $700 billion. If there is no candidate from these parties for a given position, skip that position. Only P&F and Green Party candidates are ALL ALWAYS anti-war, pro-tenant, against gifts to the capitalist corporation, anti-death penalty, for rehabilitation instead of prisons, for universal healthcare paid for with our tax dollars from cradle to grave, for abortion, for gay marriage, for more and better public housing for all, for more and better free public school education for all from age 3 through university, for more and better free public transportation, for an end to US aid to the US military base in the Middle East to protect US oil profits known as Israel, for closing all US military bases, about 700 plus, around the world, for abolishing torture and all US prisons around the world, including Guantanamo, Abu Ghraib, on US warships, and on land, for abolishing the CIA, and much more.

Cynthia McKinney of the Green Party and Ralph Nader on the Peace & Freedom Party ticket are running for president on the California ballot. Cindy Sheehan is running for Congress in San Francisco. For Peace & Freedom Party candidates, see:
http://peaceandfreedom.org/home/

For California Green Party candidates, see:
http://www.cagreens.org/elections/index.shtml#_candidates
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