Completion of this Project is a Guaranteed National Winner!!!
President Obama and Maria
The Washington State Democratic Party
Could be
The People's Party of Roosevelt;
"Great New Ideas" & "ACTION"!
I am a Supporter of Maria Cantwell's
Maria in my opinion is an intelligent open minded person with the ability to think "outside of the Box" on many issues!
Maria is a creative thinker!
Maria, Washington State needs your Creative mind and Professional Political touch to put this project in, "while the Democratic Party has a Super Majority"!
It will create thousands of jobs, and will help balance "OUR STATE'S" budget for decades to come!
Maria Please help...........Glen R. Stockwell
Cartoon Drawn by Shaun Reimers
Ritzville High Graduate 1994
It is my opinion after meeting Maria and watching her for this last year, "she will most likely be one of the Washington State leading Political leaders", that will assist the President, the National DNC, and Washington State in bringing the 2nd largest Construction Project to Washington State in 50 years!
"The Columbia Basin Completion"
In my opinion, Senator Cantwell should join with Senator Murray, and all the other Washington State Congressmen and Congresswomen, and make a
"Team Washington project come alive"!
I traveled to Washington DC and delivered my proposal and video of the "Columbia Basin Project" to Senator
Maria Cantwell.
Please watch my project video during my run for the
9th Legislative given at Charter Channel 3 Kennewick, Wa. Thank you for your extra help Lloyd Swain (Jimmy Newland would be proud of his protege) & Nick Wagoner!
http://www.youtube.com/watch? v=PdRRTRgodWc&feature=digest
On the road to Washington DC to get
support for Washington's 2nd Largest
Construction Project in 50 years!
Watch the videos at You Tube (You tube only has 10 min. videos and we had to split it up into 3 segments)
Part One: http://www.youtube.com/watch?v=tLVedF98S1A
Part Two: http://www.youtube.com/watch?v=DlWSXU0ru9Y
Part Three: http://www.youtube.com/watch?v=kyLjzCyped8
History proves President Franklin D. Roosevelt lead
with authority and for the last 50+ years Washington State and the Nation has repeat the benefit of his leadership!
It is my belief "Real leaders should lead the herd", they
shouldn't be "quiet followers warming a seat of leadership
just collecting a pay check"!
"Columbia Basin Project"
THOUSANDS OF NEW JOBS!
GLEN'S PROJECT WILL BRING THE LOWEST PROJECT COST
PER ACRETO THE NEW PROJECT, AND IT WILL CUT FINAL
CONSTRUCTION TIME SCHEDULE'S BY YEARS!
MARCH 2009
OUR PRESIDENT, SENATORS, CONGRESSMEN &
CONGRESSWOMEN ARE, ALL IN FAVOR OF HELPING
CREATE NEW WASHINGTON JOBS!
"Change"
United State's Needs
First!
I am a Proud member of Renew America & Organizing for America!
President Obama
& Maria the Pumps are
already in! Just flip the Dam switchs! I will be glad to help YOU Both call me!
Our Nation needs
"REAL LEADERS" like
"Franklin Roosevelt" again!
MARIA
The "Irrigation Pumps are already in Place for the entire
1,100,000 acre Project" and "we have a legal right to the
water"!
President Obama & Maria
President Obama this project will work for your
Administration and will demonstrate your Leadership
Abilitiesto work on National Public Works Projects
co-endorsed by both parties!
Here's a television interview that Stockwell gave during
his run for the 9th Legislative District's House seat (2009)
in Kennewick discussing completion of the Columbia
Basin Project, and how it will renew the USA and
Washington State Economies without any new taxes!
While I was at coffee with Maria she was speaking about the need for new investment dollars for Research and Development of new medicines.
I suggested "she consider requiring repayment of R&D funds" from the large Drug and Pharmaceutical companies on medicines they are making Billions of dollars on "into renewable R & D trust accounts"!
For many years the current system "we the people" have given Billions of dollars to these "wealthy multi-national companies" funding new R & D projects!
After these companies develope new drugs, then they
fix drug cost to the American population (loot us), and
take these drugs to other countries and "sell them for pennies elsewhere"!
Maria seemed to like the idea and thought she might insert it into her new legislation.
Maria and other Democratic leaders are working hard
to bring us universal health coverage, and I support her
in this efforts!
I am a Supporter of Maria Cantwell's
Thomas Jefferson said in 1802:
'I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered..'
Return to Glass Steagall Act!
Senator Cantwell is leading America in "Joint Legislation" along with Senator McCain to bring back "Glass Steagall Act"! It has proven to be the Disaster Senator Byron Dorgan D-North Dakota predicted
when he voted against it in 1999!
Senator Cantwell, what we really need to do is get
control of our banking system, "as it was designed by
Hamilton"!
Fighting back against foreign banking interest and the Olagarthy!
ON Dec. 16, 2009 : Sen. Maria Cantwell, D-Wash., joins
Morning Meeting to discuss the bipartisan financial reform legislation she plans to introduce with Sen. John McCain, R-Ariz., Wednesday morning.
Please view at;
Repeal of the Glass Steagall 1999
Repeal of the Act
The bill that ultimately repealed the Act was introduced in the Senate by Phil Gramm
(Republican of Texas) and in the House of Representatives by Jim Leach (R-Iowa) in
1999. The bills were passed by a Republican majority, basically following party lines by
a 54–44 vote in the Senate and by a bi-partisan 343–86 vote in the House of
Representatives. After passing both the Senate and House the bill was moved to a
conference committee to work out the differences between the Senate and House
versions. The final bill resolving the differences was passed in the Senate 90–8 (one not
voting) and in the House: 362–57 (15 not voting). The legislation was signed into law
by LOOSER President Bill Clinton on November 12, 1999.
The banking industry had been seeking the repeal of Glass–Steagall since at least the
1980s. In 1987 the Congressional Research Service prepared a report which explored
the case for preserving Glass–Steagall and the case against preserving the act.
The argument for preserving Glass–Steagall (as written in 1987):
1. Conflicts of interest characterize the granting of credit — lending — and the use of
credit — investing — by the same entity, which led to abuses that originally produced
the Act.
2. Depository institutions possess enormous financial power, by virtue of their control
of other people’s money; its extent must be limited to ensure soundness and competition
in the market for funds, whether loans or investments.
3. Securities activities can be risky, leading to enormous losses. Such losses could
threaten the integrity of deposits. In turn, the Government insures deposits and could
be required to pay large sums if depository institutions were to collapse as the result of
securities losses.
4. Depository institutions are supposed to be managed to limit risk. Their managers thus
may not be conditioned to operate prudently in more speculative securities businesses.
An example is the crash of real estate investment trusts sponsored by bank holding
companies (in the 1970s and 1980s).
The argument against preserving the Act (as written in 1987):
1. Depository institutions will now operate in “deregulated” financial markets in which
distinctions between loans, securities, and deposits are not well drawn. They are losing
market shares to securities firms that are not so strictly regulated, and to foreign
financial institutions operating without much restriction from the Act.
2. Conflicts of interest can be prevented by enforcing legislation against them, and by
separating the lending and credit functions through forming distinctly separate
subsidiaries of financial firms.
3. The securities activities that depository institutions are seeking are both low-risk by
their very nature, and would reduce the total risk of organizations offering them – by
diversification.
4. In much of the rest of the world, depository institutions operate simultaneously and
successfully in both banking and securities markets. Lessons learned from their
experience can be applied to our national financial structure and regulation.
[edit] Events following repeal
The repeal enabled commercial lenders such as Citigroup, which was in 1999 the largest
U.S. bank by assets, to underwrite and trade instruments such as mortgage-backed
securities and collateralized debt obligations and establish so-called structured in
vestment vehicles, or SIVs, that bought those securities. Elizabeth Warren,
co-author of All Your Worth: The Ultimate Lifetime Money Plan (Free Press, 2005)
(ISBN 0-7432-6987-X) and one of the five outside experts who constitute the
Congressional Oversight Panel of the Troubled Asset Relief Program, has said that the
repeal of this act contributed to the Global financial crisis of 2008–2009, although
some believe that the increased flexibility allowed by the repeal of Glass–Steagall
mitigated or prevented the
failure of some American banks.
An idea for you about the trade imbalances, and negociating language
to help with the trade imbalances
Date:3/20/2009 9:30:25 A.M. Pacific Standard TimeFrom:[email protected]Reply To:To:
Senators Dorgan, Murray, Cantwell, and Joel Merkel
I was at the Committee hearing reviewing Gov. Gary Locke for Sec. of Commerace,
and I heard your discussion with him and the Committee about trade imbalances with
other countries. And I agree with you entirely! Several years ago I was speaking with
Senator Slade Gorton, as you know he was also a advocate of fair trade policies, and
explained how actions during his time in the Senate were going to leed to tremendous
trade imbalances (I think he was right)!
Anyway I suggested to him a trade policy based on a "Swinging Door Trade
Policy", whatever the other country placed on US goods they would receive the same
policy on "OUR SHORES"! That would be a fair position for the United States and
advocates like yourself wouldn't be able to falsely accuse the US of unfair trade
policies! I will give you an example of the real problem if you could pass such a trade
policy though, in about 1989 Japan was in a trade policy problem with the US, and a
trade policy act was passed on beef sales to Japan (sorry I forget the fine details). A
new agreement was aranged with Japany, and to comply Japan said they would
buy more US beef. Tenechcally they complied with the letter of the law. They bought
Washington Beef located in Ellensburg Wa. and moved the machinery to Glen, MT.
where they bought a very large ranch. They owned the ranch, beef, and the processing
plant. The majority of the beef increase purchases after that timeframe from the US
came from this facility (to be honest about it though I haven't keep up with this
issue for many years, and I don't know if the Glen, Mt. facility is still
operating).
I would really enjoy reading your book, I believe you understand the problem.
I hope this might help you and the cause, and I'm happy you are supporting Gov.
Locke!
Respectfully Submitted,
Glen R. Stockwell
CANTWELL ANNOUNCES $88 MILLION FOR LANDMARK PACIFIC
NORTHWEST SMART GRID PROJECT
Cantwell Championed Funding to Make the Nation’s
Electricity Grid Smarter, Stronger, More Efficient and
Reliable
SEATTLE, WA – Today, U.S. Senator Maria Cantwell (D-WA) announced
that Battelle Memorial Institute will receive a federal investment of $88,821,251 to develop smart grid technologies that will create jobs and lead to lower electricity bills for consumers. The funding for the Pacific Northwest Smart Grid Demonstration Project will be used to install a
smart grid framework, including a digital telecommunications network, substation automation and a robust distribution system infrastructure. This will enable the implementation of future smart grid technologies, including smart meters that will provide real-time energy use information to customers and help lower rates. Smart grid technology includes hardware and software, which when linked together can communicate to optimize how electricity is generated, transmitted, distributed, and used.
Cantwell has led efforts to invest in technologies that will upgrade the nation’s electricity grid. She pushed to include $4.5 billion in the
American Recovery and Reinvestment Act for smart grid investments, funding which is authorized by legislation authored by Senator Cantwell
in the 2007 Energy Bill. Cantwell also called on regional stakeholders to jointly develop a regional smart grid demonstration project at her Smart Grid Conference held in Spokane in February 2009. Battelle Memorial Institute will match this funding to help create jobs and provide Washington state consumers with a stronger, more reliable grid that will reduce their overall energy costs.
“The nation’s electricity grid is starting to show its age and is straining to meet an ever-increasing demand, but by infusing intelligence into the grid we can make it more reliable, efficient, and save consumers money,” said Cantwell. “This funding validates our region's leadership in this promising growth area of clean energy and Washington state will be at the forefront
of empowering homeowners and businesses to reduce electricity costs
and create high-paying, long-term jobs.”
“The Pacific Northwest Smart Grid Demonstration Project is going to
create good jobs in the region and will help us understand what pieces
we need to put in place to help our state’s families and businesses reduce their energy usage and costs,” said Senator Patty Murray. “These funds
will help Washington state remain at the forefront of the clean-energy economy and will help keep our power grid reliable, modern, and
secure.”
The Smart Grid title of the 2007 Energy Bill established a smart grid development program at the Department of Energy; required the development of an interoperability framework; established a federal matching grant program; created a Smart Grid Advisory Committee to advise the federal government on the deployment of smart grid technologies; initiated a Smart Grid Task Force to coordinate the
federal government’s smart grid policies; and encouraged state utility regulatory commissions to allow for rate recovery for smart grid investments.
Without Cantwell’s smart grid title, funding for the grants announced
today would not have been possible.
Join with Me and please
Glen R. Stockwell
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