Dorgan Signals That He'll Add To The Hold On Bernanke

Firedoglake:

Last night, Byron Dorgan gave his first interview since announcing his retirement, and in that appearance with Ed Schultz, he made two policy vows. First, he said that he would pursue his bill to allow for the safe reimportation of prescription drugs from abroad, and that he would get it passed in 2010:

DORGAN: Well, try as you might, I'm not going to tell you I've got a bad taste in my mouth. You know what I'm going to do? I'm going to get that amendment passed. That's $100 billion in savings to the American people. We're going to get that passed this year. And I tell you, it didn't get passed in health care for a lot of reasons and a lot of strange bedfellows but I'm going to get it passed this year in the United States Senate and save the American people $100 billion on their pharmaceutical bill because we shouldn't be paying the highest prices in the world for brand name prescription drugs. That's outrageous, in my judgment.

Read the whole story: Firedoglake

Comments

[Chopin]

01:07 PM on 01/13/2010

Block Bernanke, by a minority of 2 in Senate --- Sanders and Dorgan.
Sanders because he is well reasoned and principled.
Dorgan because he has nothing to lose for doing what's good for the people, right and proper for the financial stability and security of the country.
Few senators would follow in Sanders' path. But many retiring senators could follow Dorgan's example, and do the right thing on the way out.

Replace Bernanke with Paul Volcke. Volcke put the Fed Reserve and the money supply and economy through a laundry wringer in the late 1970's, a high stakes unpopular move. But he wrung out the excess liquidity and credit from the banking system and economy, and succeeded in restoring the financial stability of the financial and economic system. It's an arcane subject, but Volcke is the stern serious man and financier for these times. Bernanke is in the mould of "easy credit" Greenspan.

[SirenForSanity]

01:23 PM on 01/13/2010

From what I have read about him, I agree. But he's 83 now. Has he given any indication that he would accept if offered? Are there any Volcker proteges out there?

[Chopin]

03:23 PM on 01/13/2010

Bless Paul Volcker! It would be better, if his health can take it, for the country to nominate him and adopt his philosophy and approach. Don't know if he has good proteges, but I imagine he must have --- he's been around his profession for a very long time. If no younger protege is available, the country would be still better off with a sane and sober octogenarian than a drunken (with Ayn Rand koolaid) insane 50-60 yearold economist who doesn't think much about consequences of printing US$, trillion at a clip, to hyperinflate the bedrock foundation of the nation's finances and economy.

[ntmessage]

06:52 AM on 01/12/2010

Keep Bernanke and pass the Drug amendment.

[Trapster]

03:05 PM on 01/11/2010

Dorgan for President! He saw this coming. Who better to trust with our money?

[yourmomscalling]

02:38 PM on 01/11/2010

I SURE HOPE SO !!!!!! ..

Dorgan Signals That He'll Add To The Hold On Bernanke

[BannedNBoston]

01:56 PM on 01/09/2010

Bernanke, Emanuel and Geitner all must resign

[Chopin]

03:29 PM on 01/13/2010

triple second to that. All 3 of them have very dirty footprints and feet made of clay --- they'll never wash themselves clean. Ain't that right, mama?

[Siebenstein]

06:20 PM on 01/08/2010

Another good guy that is needed does not want it.

Maybe he is disappointed with this administration?

If you can get nothing done, would you stay?

[cliffstep]

04:17 PM on 01/08/2010

My two cents:
Excuse the entire FED from further service, hold new hearings for replacements , ask them all one question at the end: what do you think of Ayn Rand?
If they answer , who's she? , hire them.

[Jesster]

10:01 PM on 01/08/2010

Now that's a plan!

[WakingLife]

03:22 AM on 01/10/2010

Lol. I like your test.

[OT]

03:21 PM on 01/08/2010

"The Obama effect"

[Oakland]

06:21 AM on 01/08/2010

We need Dorgan to stay and Obama to go. Maybe he can take Nelson and Lieberman with him.

[Cambridge9]

11:08 AM on 01/09/2010

And just who do you suggest that we replace President Obama with - in the fist year of his first term??

[SPQR1775]

04:45 AM on 01/08/2010

Bernacke, Paulson, Cheney, Geithner, Rove, Bush.....the "SHAWDOW ELITE!",...it is time these people get called out and it is time they get rolled, time to get put in front a JUDGE AND JURY! 2010 is going to be a year of Major Changes, many cycle will be see...the RothChilds, DeRothChilds and all their incarnations will get rolled and their apartheid state of Israel with them. Time to open up the FEDS, NO JUSTICE,...NO PEACE! Yes, the change we seek will not be denied!

[arlandbaee]

02:25 AM on 01/08/2010

We need to start putting people in prison. If you can cheat, lie and steal and get away with it, what is to stop you?

[flabingo]

11:46 PM on 01/07/2010

I have a dream, that we the people force the congress persons have to answer to the voters. Dorgan is a special exception. To lose him and have John Murtha or Daniel Uneye still around is horrible.. How do we get people like Ed Schultz to take his place. Why would a person cut his salary and independence to be a back bencher, in a corrupt system? One bonus is getting rid of Dodd. Lieberman is next

[Kassandra]

11:30 PM on 01/07/2010

Make it a real hold. Put him in a holding cell

[RonInCharlotte]

09:33 PM on 01/07/2010

Sounds capitalistic mr dorgan

[PhilipTaylor]

09:07 PM on 01/07/2010

Bernanke must be held UNTIL a FULL GAO and OTHERS AUDITS ARE COMPLETED AND EVALUATED COMPLETELY!

It is the logical think to do! It is the RIGHT thing to do!

[ChelseaC]

11:15 PM on 01/07/2010

Bernanke must go!

[Chopin]

03:40 PM on 01/13/2010

How 'bout a compromise, Philip and Chelsea, --- put Bernanke on administrative leave of absence until the stinking mess is cleaned up? Let a new Fed Chairman be nominated during the interim.
Bernanke is unquestionably part of the credit meltdown problem.