CONGRESSIONAL BLACK CAUCUS (CBC) = SOLD OUT LIKE THE REST OF CONGRESS = JUST HAPPEN TO BE BLACK = EASY MULTINATIONAL LOBBYIST MONEY

CBC = SOLD OUT LIKE THE REST OF CONGRESS = EASY MULTINATIONAL LOBBYIST MONEY TO GET REELECTED TO DO MORE INSIDER TRADING TO GET RICH = CIRCULAR OLIGARCHIC SCAM! = CONGRESS IS A CHARADE!

BRIBERY REINS DEMOCRACY!  LOBBYISTS PLAY A GAME OF INCHES WITH CBC!

Sources = SATCHELS FULL OF CBC LETTERS to Congress and government agencies = sent to various regulators to INTIMIDATE. = GAME OF INCHES by WALL STREET TO BLOCK REGULATIONS!  = SMALL HIDDEN LITTLE MISSILES ALLOWING LOOPHOLES FOR WALL STREET FRAUD!

DEMS SOLD OUT TO WALL STREET UNDER BILL “TEFLON” CLINTON = REMOVED GLASS-STEAGALL AND DEREGULATED DERIVATIVES! = GOP COLLUSION!

PORTION OF Black Caucus (CBC) = PRO-Wall Street = MUST END

Maxine Waters = HERO against a pro-Wall Street Congressional Black Caucus.

Gwen Moore = EVIL Associated with Noxious Wall Street effort to unravel key sections of Dodd-Frank to CUT WALL STREET FRAUD SCAMS that devastated WORLD economy. = Moore’s constituents LOSE their jobs and their homes.

WALL STREET Assault on Dodd-Frank = GOP + Pro-MULTINATIONAL Democrats + a lesser-known faction of the Black Caucus = Moore + ….

EVIL Black Caucus = Moore + NY’s Gregory Meeks + Georgia’s David Scott + Missouri’s Lacy Clay + Alabama’s Terri Sewell = HELP WALL STREET DO MORE FRAUD SCAMS! = Undermine Dodd-Frank’s rules on financial derivatives FRAUD!

MOORE = EVIL co-sponsor of multiple WALL STREET measures = PRO-FRAUD = CBC tawdriness of its pro-Wall Street votes = Blatant in 5 members of CBC

Maxine Waters = Veteran LA CBC legislator serves as TOP Democrat on the financial services panel = FIGHTS THIS SELLOUT OF DEM VALUES! = CBC’s heart and soul is at Stake = “People are sick about what they’re doing.” = ANTI-PEOPLE

ROGUE CBC MEMBERS = STAND WITH GOLDMAN + JPM = NOT PEOPLE = what the hell is that?”

CBC’s = Founded in 1971 = The Civil Rights movement ushered in more African-Americans into Congress = Black staffers wound up on K Street = Second Wednesday Group = Lobbyists FUNDED BY WALL STREET = NOW the Washington Government Relations Group lobbyists interact with CBC lawmakers and staffers.

CBC LOBBYISTS = SAME CRAP AS ALL LOBBYISTS = BRIBE VOTES OF CBC! = MULTINATIONAL CORPORATE GOAL = OWN THE VOTES!

CBC = 10% OF HOUSE = 20% OF DEM MINORITY = NICE BLOCK TO OWN!

CBC = SELLS its NOW DIRTIED aura of moral credibility + SELLS its NOW DIRTIED progressive cover on controversial measures. = DISGUSTING LIKE THE FRAUDS THEY SUPPORT WITH THEIR VOTES!

CBC HEROS = Keep progressive policy priorities

CBC EVIL = SELL OUTS of progressive values.

CBC HEROS = KNOW “The poor — poor blacks, poor whites, Native Americans, Latinos — get little help, little assistance.”  — John Lewis of Georgia

Waters = Thought she extracted a promise from Obama for a major foreclosure-relief program = Broken TRAGEDY of LOST HOMES = WALL STREET CROOKS SAVED!

Bank lobbyist = “Sophisticated (BANKS) have sophisticated lobbying operations.  Almost every big bank has a lobbyist who has experience and can work with the CBC.” = CBC specialists target the 10 CBC members who sit on the financial services panel = “We defer to them for advice.” — Marcia Fudge, CBC’s chairwoman – We have CBC “people on the committee that we trust.” = Open-minded + Often vote as a bloc = Support deregulation bills

Lobbyists WIN = NOT BY passing BILLS BUT BY SIMPLY WINNING the tug of war between Congress and the agencies that write rules and implement laws.

Lobbyists WIN = By exerting pressure on regulators by pushing for a bill that doesn’t even pass = GOP 5O+ TIMES AGAINST OBAMACARE

Lobbyists WIN = By simply assembling the right mix of co-sponsors to send a strong message. = Informal threat = Craft a weak rule or ELSE WE FORCE YOU

Lobbyists WIN = When they MAKE A BILL LOOK and FEEL BIPARTISAN = TOUGHER  for an agency RULE-MAKERS TO BLOCK CORPORATE CONTROL

Lobbyists WIN = A mere letter on a regulatory policy can have a formidable effect if the right CBC names are on it. = Ideal mix of backers = Even split of Dems + GOP + Healthy group of CBC members to HIDE WALL STREET ideology.

Lobbyists WIN = An issue with full GOP support for any bank-reform repeal WINS with a letter showing Democrats support it.  CBC EVIL IS THERE WHEN NEEDED! = Moore + OTHER CBC MEMBERS

2013 Moore + Fudge (SCAMMER) joined three GOPers to introduce HR 677 = Allow corporate conglomerates to trade derivatives among their myriad subsidiaries without following Dodd-Frank’s trading rules. = LOOPHOLE FOR FRAUD!

Lobbyists WIN = Moore’s bill WILL NEVER WIN (it does NOT need to) = Makes it much harder for regulators to see risks accumulating in the system and could facilitate international tax-dodging. = Commodity Futures Trading Commission switched course last year and finalized a regulation that adheres closely to Moore’s language. = OUT-FING-RAGEOUS!

Sources = SATCHELS FULL OF CBC LETTERS to Congress and government agencies = sent to various regulators to INTIMIDATE. = GAME OF INCHES by WALL STREET TO BOCK REGULATIONS!  = SMALL HIDDEN LITTLE MISSILES ALLOWING LOOPHOLES FOR WALL STREET FRAUD!

POLITICIANS = MOST don’t want public credit for championing the rights of Wall Street bankers.

CBC members sent a letter to drop financial advisors “fiduciary duty” to Dept of Labor = EMBARRASSINGLY Written by Robert Lewis, a lobbyist at the Financial Services Institute = CBC member CAUGHT IN A BIG LIE = that it was so minorities could access financial advice (AND BE CHEATED).

2012 CBC members Meeks, Scott and Sewell letter said (CORRUPTLY) that regulatory agency funding could be cut if regulators didn’t delay implementation of the IMPORTANT Volcker Rule = STOPS BAILOUTS OF BANKS THAT DO HIGH RISK SPECULATIVE TRADES.

2012 CBC members Moore, Meeks and Clay, asked for Volcker Rule exemptions for bank investments in venture-capital and private-equity funds.

2012 CBC Moore letter to Federal Reserve Chairman Ben Bernanke also asked for Volcker Rule exemptions for bank investments in venture-capital and private-equity funds = Saying she wanted to ensure the provision would not be applied to foreign banks doing business with affiliates of U.S. banks.

2012 CBC Moore letter she joined sought to make sure regulators didn’t rope venture-capital funds in with hedge funds and private equity when implementing the rule. = COMMON THEME = Go easy on Wall Street + loosen the rules around this risky activity.

Moore = Reliable ally of the banking industry = Chief of staff, Minh Ta = Inspired by “House of Cards” fictional glorifications of backroom dealers AND PLAYERS! = “She has an ambitious staff, and they want her to move up in leadership, and they think the way to do that is to raise money.” = Moore raised $930,000+ from the financial sector. 50% MORE THAN FROM LABOR!

After Dodd-Frank passed in 2010, Moore joined the rollback efforts in 2011; for the 2012 cycle, her biggest donor was Bank of America.

2012 Allianz, a German financial services firm, interested in a 2011 Moore bill that would exempt it from having to put up collateral on its swaps.

Moore = “I’ve only worked around the fringes. I have done nothing to undermine Dodd-Frank.” = A critical contradiction if her bills make the legislation better then why only the edges.

“I certainly don’t want Democrats to be seen as deregulating and opposing and undermining Dodd-Frank.”

— Waters (D-CA) Before long, she and Moore were on a collision course.

MOORE-WATERS tension = HR 677 carved a loophole for companies that want to trade derivatives with themselves. Waters objected in a private meeting with Moore = Pair cut a deal = Waters would vote for it if Moore would significantly narrow the scope of her bill. = But Moore caved = “Ms. Moore is very much aware of my concerns about the legislation. Now I am even more concerned that you have decided to drop the amendment.” She also reminded her colleague that Treasury Secretary Jack Lew had just sent Congress a letter urging lawmakers to leave Dodd-Frank’s derivatives rules alone. Moore backed down and introduced the amendment, blaming a procedural misfire.

WALL STREET Loves the CBC because it bestows the impression that something is fair. But CBC’s ties to big banks HURTS that credibility.

Thanks to Waters and a handful of her allies there is a struggle = CBC member Steven Horsford of Nevada, a labor-backed skeptic of Wall Street, was appointed to replace him.

CBC notched up another win for WALL STREET when the House voted for the Himes bill that would have provided taxpayer backing for derivatives trades. Nearly all the panel’s Democrats voted with Republicans, with the notable exception of Waters and two CBC members.

CBC EVIL Moore, Meeks, Scott and Sewell sent around a letter urging support, but in the end, the CBC remained neutral on the legislation, according to an official caucus “whip line” we obtained.
Waters battled the CBC to a draw. And when the whole House voted, the bill was rejected by a majority of the Democratic Caucus.

Himes said, “In Dodd-Frank today, we have a morality play.” = CBC EVIL LOSES!