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BANK LOBBY DEFEATS OBAMA REFORM PLAN

Hill resisting financial plan by Sean Lengell

Congress appears set to ignore President Obama’s proposal that banks be required to offer “plain vanilla” financial products such as 30-year fixed-rate mortgages, giving the banking industry an early victory in its fight with the administration over how to reform the financial-services sector.

Barney Frank Vanilla

Barney Frank Vanilla

Barney Frank (D-MA) chairman of the House Financial Services Committee waits for President Barack Obama to speak about the global financial crisis at Federal Hall in New York, September 14, 2009. (REUTERS/Jeff Zelevansky)

Instead, House Financial Services Committee Chairman Barney Frank will forge ahead with plans for a watered-down Consumer Financial Protection Agency (CFPA) — a blow to the administration’s push for tighter regulations and more control over the banking and financial-service industries.

http://www.commondreams.org/headline/2009/09/23-3

Assassin

WHOOPS: Anti-ACORN Bill Ropes In Defense Contractors, Others Charged With Fraud by Ryan Grim.

Going after ACORN may be like shooting fish in a barrel lately — but jumpy lawmakers used a bazooka to do it last week and may have blown up some of their longtime allies in the process.

The congressional legislation intended to defund ACORN, passed with broad bipartisan support, is written so broadly that it applies to “any organization” that has been charged with breaking federal or state election laws, lobbying disclosure laws, campaign finance laws or filing fraudulent paperwork with any federal or state agency. It also applies to any of the employees, contractors or other folks affiliated with a group charged with any of those things.

In other words, the bill could plausibly defund the entire military-industrial complex. Whoops.

http://www.commondreams.org/headline/2009/09/23-0

Right/Wrong

5 THINGS THE CORPORATE MEDIA DON’T WANT YOU TO KNOW About Cannabis By Paul Armentano, AlterNet. Posted September 23, 2009.

Recent scientific reports suggest that pot doesn’t destroy your brain, that it doesn’t cause lung damage like tobacco — but you won’t hear it in the corporate media.

1.     Marijuana Use Is Not Associated With a Rise in Incidences of Schizophrenia

2.     Marijuana Smoke Doesn’t Damage the Lungs Like Tobacco 

3.     Cannabis Use Potentially Protects, Rather Than Harms, the Brain 

4.     Marijuana Is a Terminus, Not a ‘Gateway,’ to Hard Drug Use 

5.     Government’s Anti-Pot Ads Encourage, Rather Than Discourage, Marijuana Use

http://www.alternet.org/media/142815/5_things_the_corporate_media_don%27t_want_you_to_know_about_cannabis

Editor’s note: Come see Paul Armentano and many other top marijuana experts and advocates in discussion at NORML’s 38th national conference taking place this week from September 24-26 in San Francisco. Click here to learn more.

Learn even more at: https://johnlegry.wordpress.com/marijuana-papers/ MARIJUANA PAPERS.

Transformation

WAKE UP CALL:

Dear all,

Wow. Monday’s Wake Up call was unbelievable – 2632 events in 134 countries, tens of thousands of phone calls crashing government lines, unbelievable creativity and diversity of events, directly reaching heads of state and cabinet ministers from Australia to Europe. Words can’t describe it — this video gets close:

http://www.avaaz.org/en/

The Wake Up call was covered by hundreds of major news outlets and made the evening news everywhere from Germany to New Zealand. Europe’s environment chief praised “the mobilisation of so many people by Avaaz.org”, the UK Prime Minister became the first major world leader to agree to our demand to go to Copenhagen and said that with “the pressure that can brought by organizations like yours…what people think is impossible can become possible”. The Spanish environment minister called the action “extraordinary”.

World leaders have heard us. But as Tuesday’s UN summit showed, one day of action won’t be enough to get real progress on climate. We need to come back again and again, louder and louder, until we get a fair, ambitious and binding climate treaty.

We’ll keep the pressure high through the TCKTCKTCK campaign until Copenhagen, with another global day of action on October 24th, and start planning right now for the LARGEST CLIMATE MOBILIZATION IN HISTORY ON DECEMBER 12th, in the final days of the Copenhagen negotiations.

Avaaz is now 3.6 million members strong in 14 languages, in every country of the world. On Monday, our movement took a huge step forward — we showed that we can not only send millions of messages to leaders or donate millions to worthy causes, but that in just a few days we can flood the streets and crash phone lines from Mexico City to Mumbai.

If we stick together, anything is possible.

With hope and excitement for the future,

Ricken, Ben, Paul, Milena, Alice, Luis, Brett, Taren, Margaret, Iain, Pascal, Graziela, Paula, Benjamin, Rajeev, Veronique, Raluca, Julius, Yuri, Saravanan, Vladimir, Tihomir, Sam, Emma and the whole Avaaz team

PS – the video above was made from over 10,000 wake up call pictures and 600 videos uploaded to Avaaz in just 24 hours! There were many tears among people making the video as we saw the amazing dedication of everyone, from the Avaaz community to our TCKTCKTCK campaign partners to people joining the first climate action of their lives. Click here to see the video of this amazing movement in action: http://www.avaaz.org/en/

Want to support Avaaz? We’re entirely funded by donations and receive no money from governments or corporations. Our dedicated online team ensures even the smallest contributions go a long way — http://www.avaaz.org/en/.

ABOUT AVAAZ Avaaz.org is an independent, not-for-profit global campaigning organization that works to ensure that the views and values of the world’s people inform global decision-making. (Avaaz means “voice” in many languages.) Avaaz receives no money from governments or corporations, and is staffed by a global team based in Ottawa, London, Rio de Janeiro, New York, Buenos Aires, and Geneva. Click http://www.avaaz.org/en/ to learn more about our largest campaigns.

Wamm2

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