Tag Archive for Judy Lubow

SEC – The Watchdog De-fanged

Judy Lubow for Planet Warning

The United States and the world are still struggling with the economic wreckage from the 2008 financial meltdown. That meltdown was largely precipitated by the reckless financial practices perpetrated by the big Wall Street firms.

Given this history, it seems very strange that the very government agency supposed to control Wall Street abuses is, itself, under attack. The Securities and Exchange Commission has had its 2012 budget request slashed by over 220 million by the Republican-controlled House Appropriations Committee. This, just when the SEC needs as much funding as it can get to try to implement the financial reforms passed by the Dodd-Frank Financial Reform act. Hmmm, this sure looks like another example of the GOP talking the talk of tough reform while walking the walk of continued coziness with Wall Street.

You can learn more about under funding of the SEC by going to the website thisisnotadrillradio.org.

Be it resolved!

Stop Corporate Takeover

“Resolved, the People of the City of Boulder, Colorado, call for reclaiming democracy from the corrupting effects of undue corporate and monetary influence by amending the United States Constitution to:

1. abolish corporate personhood and prohibit the granting of Constitutional rights to any entity other than a human being; and to

2. clarify that the expenditure of money is not Constitutionally protected free speech so that money spent to influence elections can be subject to reasonable regulation to promote equal protection under the law for all human citizens.”

Tuesday night (July 19th) the Boulder City Council will discuss whether to put the above referendum to the vote of the citizens of Boulder. The referendum is sponsored by the Boulder County Democrats.

According to the Daily Camera, the city has received many calls in support of the referendum, but none opposed.

The effort, spearheaded by the national organization Move to Amend, is seeking to begin the long and difficult process to convince the U.S. House and Senate to pass (by two thirds majority) an amendment to the U.S. Constitution that removes “corporate personhood” and “money as speech” as has been authenticated by activist justices of the U.S. Supreme Court, most recently in the Citizens United decision. Once passed by Congress, a constitutional amendment must be ratified by three-fourths of the states.

The cities of Berkeley, California, and Madison, Wisconsin, as well as Dane County in Wisconsin have been the initial communities to express their support of a constitutional amendment.

Longmont’s Judy Lubow is a member of Move to Amend as well as co-chair of the Boulder County Democrats grassroots action team.

The Boulder County Dems are sponsoring a rally at the Boulder Municipal Building to support the adoption of the ballot referendum. The rally starts at 4:30 PM at Canyon and Broadway on Tuesday. The Council meeting begins at 6:00 PM.