Dylan Ratigan Coins the Phrase "Bankster Party"

Dylan Ratigan (MSNBC) is the host of the only honest business show on cable. He doesn't spend his day talking only about the ups and the downs of the stock market and encouraging people to "buy, buy, buy!" Instead, Ratigan covers real issues, like how the financial crisis is affecting average Americans, and what the chances are for real reform in Congress.

This week Ratigan went ballistic after the Brown-Kaufman amendment to cap the size of the biggest banks was voted down in the Senate. He created a new term for those who voted against it: the "Bankster Party." In the process, he gave us a target list of Senators who need to be convinced of the need for meaningful structural reform of the banking system. Ratigan's site currently links to BanksterUSA and also CMD's Total Wall Street Bailout Cost table.

Below are excerpts from his great article on Huffington Post. You can also check out the video by clicking here.

Is Your Senator a Bankster?

by Dylan Ratigan

What we have now is a group of politicians with shifting alliances on a case-by-case basis to the special interests who fund them. And currently, the most damaging one to our nation is the rise of the Bankster Party. Thankfully, we can now better identify its members.

What If BP Were a Human Being?

(Publisher's Note: The Center for Media and Democracy is strongly supporting efforts to redress the Supreme Court's terrible decision in the Citizens United case through laying the foundation to amend the U.S. Constitution. We will be sending out an update of CMD's work in coalition efforts on this critical issue later this month. In the meantime, we have obtained permission to re-print this provocative editorial commentary on Corporate rights and British Petroleum's role in the devastating oil disaster in the Gulf of Mexico, by fellow amendment proponent Bruce Dixon. -- Lisa Graves, Executive Director of the Center for Media and Democracy)

What If BP Was A Human Being?

By BAR managing editor Bruce A. Dixon

The third largest oil company in the world, BP was born in 1909 as the Anglo-Persian Oil Company, and was partly owned by the British government. Its headquarters offices are in the UK.. So if it were a flesh and blood person, it would be far and away the wealthiest person on earth, and a nominal British subject. Assuming that our imaginary human BP got into the oil business at the youthful age of say, 20, and stayed at it for just over a century, BP the human being would be closing in on his 121st birthday. Damned few of us will see triple digits, and none of us that reach even our 60s and 70s retain the level of energy, or often of interest that we possessed only a couple decades before. A normal 120 year-old human will have more than a few ailments and bodily systems on the brink of failure. But not our human BP. If BP were a person, it would be immensely, almost inconceivably wealthy AND perhaps immortal.

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