Posted on 10/16/2009 8:23:13 AM PDT by 2nd amendment mama
The House of Representatives yesterday set into motion the nuclear option for H.R. 3200 that would make it possible for the Senate to pass government-run health care with only 51 votes.
House Ways & Means Committee Chairman Charlie Rangel (D-N.Y.) held the mandatory hearing yesterday to pass the formal notification in the form of a letter to the Budget Committee saying H.R. 3200 -- the main House Obamacare bill which was the subject of all the town hall rage in August -- has met all requirements to pass as a “budget reconciliation” measure.
Rep. Dave Camp (R-Mich.), the top Republican on the House Ways & Means Committee, spoke with HUMAN EVENTS yesterday about events at the hearing and maneuvers by House Democrats to give their Senate comrades the opportunity to shut down debate on the bill in the Senate with 51 votes instead of the required 60.
“Under the rules, they had to have a hearing in committee in order to be able to position themselves to move through a process called reconciliation,” Camp said. “They had to send the bill to the Budget Committee to do that.”
The notification is in the form of a letter certifying that the Ways & Means Committee has met the requirements set forth in the budget bill.
“Attached to the letter would be the bill,” Camp said. “So this sends the bill to the Budget Committee to vote it out. They’re setting up the nuclear option, not having any Republican votes for this bill. They’re setting up that process.”
“That is an amendable document,” Camp continued. “It’s an amendable process. There’s an opportunity to have amendments and have debate. They shut that completely down.”
The notification letter passed out of the Ways & Means Committee on a straight party line vote. No debate was allowed, and no amendments. Rangel told Camp that he would not have preferred to do it this way, but leadership -- i.e., Speaker Pelosi -- forced his hand.
“We had let them know we were offering amendments and we had heard no problem with that until we got there today,” Camp said. “Chairman Rangel said leadership made him do it, but he did it, not the leadership.”
This was the final opportunity for debate and amendments to the bill on a committee level. The Budget Committee will simply vote to pass the bill out with an up or down vote that would certify that the bill has met the reconciliation requirements.
“It’s supposed to only be bills that impact the deficit,” Camp added. “And what they’ve done is said this bill will save a billion dollars. That’s what we were ordered under the budget resolution to do. They’ll fulfill that marker, but they’ll use that obviously to spend a lot more.”
The bill being certified for “reconciliation” is the Ways & Means version of H.R. 3200 that was passed out of committee before the August break, and before it was read aloud at town hall meetings across the country and blasted by voters across the country.
It contains all of the horrors previously exposed: federal funding of abortion, coverage for illegal aliens, comparative effectiveness, healthcare rationing, deep cuts to Medicare. Everything the American people overwhelmingly reject.
“Since the time we voted on this bill until today, we’ve had new issues develop, we’ve had new scores from the Congressional Budget Office which is the non-partisan expert agency that reviews our legislation,” Camp said. “We felt it was important to talk about the issues. We’ve had some new developments, new information.”
“Let’s have 72 hours to read the bill and have the bill available,” Camp continued. “That didn’t get any certain discussion today. Let’s make sure members of Congress are part of any health care bill that passes. That didn’t get any debate today. Let’s make sure that we do not have non-citizens here illegally getting government funded healthcare. Let’s make sure we don’t use tax dollars to fund and pay for abortion. We didn’t get to vote on that today.”
Reconciliation is a parliamentary process that was created for use solely on the reduction of spending bills in order to reduce the deficit. Spending bills must originate in the House, and when passing the budget, the full House can include language in the budget bill to a specific committee instructing them to reduce spending by a specific amount in order to reduce the deficit.
Having learned from the 1993 Hillarycare debacle when the American people utterly rejected the notion of the government takeover of health care, House Democrats placed reconciliation language into the 2010 budget to facilitate passage of the government takeover of health care with Obamacare through budget reconciliation. In the case of H.R. 3200, the reconciliation instruction was to reduce the cost of the health care bill by $1 billion -- a bill that by some estimates will cost taxpayers a minimum of $1.6 trillion.
“This is after August when the American people clearly weighed in and said, ‘Hey, hold up. We want to be part of this. We want to have some more openness,’” Camp said. “I think they feel the less people know the better; that they, the majority, are better off because they don’t have to explain. People don’t know what it is they’re really doing. We won’t find out until it’s actually done.”
Since it has now cleared the Ways and Means Committee (fulfilling the $1 billion reconciliation requirement), H.R. 3200 will go to the Budget Committee where they will do the same thing that was done today in Ways & Means. They will agree on a straight party line vote that the bill has met the reconciliation requirements.
The bill then goes to Pelosi and the Rules Committee where Pelosi will do the same thing Sen. Harry Reid is doing with the two Senate bills right now: Pelosi will merge the three House versions of H.R. 3200 together into whatever she wants it to be, then she will schedule it for a floor vote.
H.R. 3200 could see a floor vote in the next two weeks, likely no later than the first week of November if Democrats believe they have the votes for passage. If the bill does pass a full House vote, and that’s a big “if” given the deep divides over the issues among Democrats, the bill would then be sent over to the Senate.
There are still bumps in the road for passage in the Senate with 51 votes, placing the undue burden for passage of H.R. 3200 through the Senate by reconciliation on rulings from the Senate parliamentarian.
Stay tuned.
This may come as a surprise to you. I have a lot of American friends and relatives and this how THEY are feeling!! CO
Liz, any way to find out if any of Soro’s companies has been betting against the dollar the past 8 months?
You ain’t the only one out here...
The Depository Trust Company (DTC) is the world’s largest securities depository, holding nearly $19 trillion in assets for its Participants and their customers.... Last year, DTC processed over 164 million book-entry deliveries valued at more than $77 trillion. The Federal Reserve Corporation, a/k/a The Federal Reserve System, is also a private company and is not an agency or department of our federal government. The Federal Reserve Board of Governors is listed, but they are not the owners. The Federal Reserve Board is nothing more than a liaison advisory panel between the owners and the Federal Government.
The Federal Reserve mandates that the Depository Trust Company process every securities transaction in the US. It’s no wonder that the Depository Trust Company (including the Participants Trust Company, now the Mortgage-Backed Securities Division of the Depository Trust Company) is owned by the same stockholders as the Federal Reserve System. In other words, the Depository Trust Company is really just a ‘front’ or a division of the Federal Reserve System.
“Depository Trust Company is 35.1% owned by the New York Stock Exchange on behalf of the Exchange’s members. It is operated by a separate management and has an independent board of directors. It is a limited purpose trust company and is a unit of the Federal Reserve.” - New York Stock Exchange, Inc.
If you’re not aware how the system works, you should visit or call a stock broker or bank and instruct them you want to purchase some shares of common stock or a small municipal bond, for example.
They will set up a brokerage account for you and act as your agent with full durable power of attorney (which you must legally sign over to them) to conduct business on your behalf, upon your buy or sell instructions. The broker will place your stock or bond purchase into their safekeeping under a “street name”.
The Depository Trust Company’s private holding company or street name, as shown on certificates is shown as either “CEDE and Company”, “Cede Company” or “Cede & Co”.
The banks and brokers are merely custodians for their clients. By federal law (SEC), they cannot hold any assets in the customer’s name. The assets must be held in the name of Depository Trust Company’s holding company, CEDE & Co.
That’s how Depository Trust Company has more than $19 trillion dollars of assets in trust... or is it really in “trust” if the private Federal Reserve System is technically holding it in their “unknown” entity’s name?
Obviously, if stock and bond certificates you’ve purchased aren’t in your name, then the “holder” (the Federal Reserve System) could theoretically refuse to surrender them back to you. The Depository Trust Company owns that bond or stock, not you. Rather than in your name, it’s registered (as the legal Registered Owner or agent) in their “street name”.....Cede & Company.
Cede & Co.
c/o The Depository Trust Company
7 Hanover Square
New York, New York 10004
George Soros and Quantum Partners. Cede & Co. is under:
- SOROS FUND MANAGEMENT LLC. in Delaware
- Quantum Industrial Partners LDC in Cayman Islands
- QIH Management Investor, L.P. in Delaware
- QIH Management, Inc. in Delaware
- Stanley F. Druckenmiller
- Duquesne Capital Management, L.L.C. in Pennsylvania
Well ole Maher said he wished we had a Dictator like China.
Hey! Speak for yourself, don’t include me and others that won’t like down like some damn coward. I have said it and I will say it again, I will not pay a cent of taxes, fines, NOTHING in regards to any Health care they ram through. Same goes for cap and trade. END OF DAMN STORY! If people like you and others choose to accept it, fine. I will move out of here if I have to. I will NOT comply! NO WAY IN HELL!
Thanks much.
If the Republican members of the House had any “testicular fortitude” they would walk out, en masse,and not return, until the proper procedures were followed. I am sickened by their cowardice!
So just how many layers buried is Soros in all this Tom foolery? Is he merely a *client* as his front ops would imply, or, much much more. That's the $64 question, I'll say more just because the SOB is so bold, such an ingrate.
Thanks for the ping, Liz. Several of "the" onion's layers have been peeled away, anyway. Left the a little exposed to the light of day.
Now please don't laugh. I'm a relative newcomer to the shenanigans, the present & imminent threat(s) the Fed Reserve poses.
A DVD you're undoubtedly well familiar with, The Money Masters really helped me to connect the dots, make sense of the deliberately tangled web so skillfully woven for over the past 100+ years.
I hoped the DVD would open other eyes; so, take every opportunity to send copies of TMMs to friend(s) I know who start asking questions after they finally realize the "system" is not only stacked as stacked can be. But being used against their own interest(s) in spite of what we all believe.
Are you aware of any other *resources* a curious individual could acquire you'd feel comfortable recommending?
Thanks Liz, you're indeed quite special.
And stephen, thank you for steering me right. ;^)
I should know all this stuff but I don’t. My major investment banking experience was mortgage backed securities(80’S), and private equity financing of fast food franchises of American companies in Asia. With Liz, it’s like going back to school all over again, and frankly, I’m enjoying the hell out of it ;-)
“This may come as a surprise to you. I have a lot of American friends and relatives and this how THEY are feeling!! CO”
El Bump o
You O
My brother has lived in Toronto for 26 years ;-)
My ancestors had some “experience” with a corrupt central government after the Civil War during Reconstruction. And they found ways of dealing with Carpet Baggers then.
That experience is how they came to live in Texas. The same thing was “tried” here then, but was not very successful for the oppressors.
Some things do not change.
>>> If your state opts out..what happens? You cant have ANY insurance? You are forced to buy the govts.
If your state opts out, then the employers NOR you have to pay any fines or buy any insurance.
It’s basically the states saying to the federal government... “Get Stuffed!”
Thats why I said that the issue would force the matter to the supreme court, because no doubt individuals and employers would cite the state law in their refusal to comply with federal law on the basis of states rights in the 10th ammendment. The Supreme Court would have to side with the states, or they might as well put a match to the constitution right in full view of the public.
If you want leave, leave now. I don’t really care. You won’t be missed. Go! Airplanes are leaving at every major airport in the U.Ss. on a hourly, if not sooner, schedule. As far as you doing or not doing,what have you done that I missed? As for as cowards go,you need to look in a mirror. You are the one who always says that they are leaving. Well, go, go, go. When push comes to shove, the ones that stay will do what they have to do. And, if necessary, we will do it with you. And probably do a better job.
Hey piss off! Here is what you said:
“It will pass and we will do nothing. Maybe a little bitching but that is all. But then again, the politicians know this and it doesn’t worry them a bit. Once it is implemented, they they will get their revenge on the naysayers”.
_________________
Not talk about a coward. Sounds like you are willing to accept whatever they tell you to do. I’m not! and WON’T. If people won’t stand up to them, I’m not living here with a jackboot on my throat and shitty medical care. It isn’t going to happen, not when we have a vacation home that we can move to.
I’m sorry you have no options and have to stay and live under a repressive regime or too afraid to make a move to get out if we can’t stop them, but that’s your choice, not mine. I spend every day working to defeat this takeover of health care, Cap and Trade, you name it, I spend at least 3-4 hours of every single day. Do you?????????!!!!?????
I donate constantly to conservative candidates regardless of what state they are in. What else is there to do?
You are of the opinion that these will all pass in the Senate and you will just accept it and keep feeding them half the money you make. To me, that makes you an enabler and a coward, not me.
I’m from the otherside of the country FRiend. In British Columbia. Toronto is a very very Liberal city. CO
bookmarking your excellent post!
And what good would that do? Given this news, they are already irrelevant, they would become even more so, and be belittled by the media for fleeing!
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