Sentences with phrase «bank lobbyists»
The phrase "bank lobbyists" refers to people who are hired by banks to influence or persuade government officials and lawmakers to make decisions or laws that are favorable to the banks. Full definition
This is what bank lobbyists have been pressing for.
michael-hudson.com
The first ploy to serve bankers and bondholders is to place technocrats (a scientific sounding euphemism for bank lobbyists) in place of elected governments in Greece and Italy.
Sen. Elizabeth Warren, a Massachusetts Democrat who led the progressive opposition to the bill, which she nicknamed the «Bank Lobbyist Act,» argued it will increase risk in the financial system and make another devastating economic crisis more likely.
Hoping to turn the crisis into an opportunity for further financial incursions into the industrial economy, bank lobbyists propose that governments help indebted homeowners and real estate investors avoid default by cutting property taxes yet further — shifting the fiscal burden yet more onto labor and non-financial business.
This is the inside - out picture drawn by bank lobbyists and purveyed by Mr. Obama's economic team.
When people see banks browbeating the bond rating agencies and accounting firms to whitewash the quality of what they're pawning off on their customers, when they see bank lobbyists getting Washington to block state prosecutions of financial fraud so as to clear the way for more predatory lending and false packaging of the junk securities they're selling and to win the right not to reveal their true financial position, there's a good reason not to buy what's in these black boxes.
As I mentioned earlier, the Treasury gave bank lobbyists the right not to disclose the accurate market value of their reserves, so nobody really knows their net worth or degree of negative equity.
Bank lobbyists back the campaigns of politicians committed to deregulating banking and its major clients (real estate, natural resources and monopolies).
McMahon is taking up the Volcker rule issue as many bank lobbyists have expressed frustration that Sen. Chuck Schumer, perhaps Wall Street's most powerful advocate in Washington, has been publicly silent on many aspects of the fin reg bill legislation currently in Congress.
On the return to dischargeability I think we have to consider the number of years it took for expensive bank lobbyists is change it in 2005.
The reason auto insurance is compulsory in the US is most like due to insurance lobbyists who helped sponsor bills to make it that way, Along with bank lobbyists who were looking for ways to secure their investments.
And the Europeans are very angry that a few weeks ago Tim Geithner, the bank lobbyist, came over and insisted that Europe not forgive Greece's bank loans, not let Greece write down the loans, and indeed that it not even claim that Greece should do what Argentina is and write down the loans as a premise.
Yet it is to defend this system that U.S. diplomats and bank lobbyists are threatening to derail the international financial system and plunge world trade into anarchy if other countries do not agree to a replay of the 1985 Plaza Accord «as a possible framework for engineering an orderly decline in the dollar and avoiding potentially destabilizing trade fights.»
As a bank lobbyist in control of the banking system, he «freed» the bank from government control — and promoted the greatest debt bubble in U.S. history.
So in effect, Mr. Bernanke is as much a bank lobbyist as Mr. Greenspan.
And it may well be that some of the donors who attended the concert were banking lobbyists — but Saujani has no evidence of that.
As both a Congressman and then as a bank lobbyist, Rick «Wall Street Lobbio» Lazio regularly said «how high?»
Hochul also says she is not a bank lobbyist in her position at M and T Bank, but says she's quitting the job at the end of the month, «confident» of her chances of winning the election.
Hochul, who is now a bank lobbyist, is largely unknown outside Western New York.
Some people suggested Hochul might be too independently minded to get along in Cuomo - land, though, and her current work (bank lobbyist!)
She also says she is not a bank lobbyist in her position at M&T Bank, but says she's quitting the job at the end of the month, confident of her chances of winning the election.
If the Governor thinks the best qualification for Lt Governor is being a bank lobbyist, well that says something about his core values.