Posted on 04/22/2010 7:20:19 PM PDT by Nachum
WASHINGTON — Senate Republicans on Thursday blocked an effort by Democrats to start debate on legislation to tighten regulation of the nation’s financial system, and the two sides traded bitter accusations about who was standing in the way of a bipartisan agreement.
The majority leader, Harry Reid of Nevada, asked Republicans to agree to begin debating the measure, which would impose a sweeping regulatory framework on Wall Street and big financial institutions. But the Republican leader, Senator Mitch McConnell of Kentucky, objected, saying Democrats were pre-empting negotiations to reach a deal.
(Excerpt) Read more at nytimes.com ...
Excellent.
Hang on, boys!!! You can do it!
I want the GOp to shut everything down any way they can, by any means until Nov election and then after the election.
Boy, I sure hope that Senate Republican will put a really good fight against out of control Democrat thug!
NOVEMBER ELECTIONS!!!
Hairy is pulling the same thing as with the HC Bill.
Just vote to START debate.
Then they used that vote as the one to pass the Bill.
Think the Repubs are stupid enough to fall for it a 2nd time.
I hope this means Reid will not run for re-election.
Notice how the NYT gives very little information about the content of the bill in its current form, but spends most of its article trying to picture the Rebulicans are obstructionists.
Wow! I didn't know that. Guess that settles that. Oh wait....the next paragraph quotes a leading Republican:
“This bill not only allows for taxpayer-funded bailouts of Wall Street banks, it institutionalizes them,” Mr. McConnell says on the video in a speech on the Senate floor. In another clip, Mr. McConnell says, “It provides for an endless taxpayer bailout of Wall Street banks.”
Typical NYT treating the readers as idiots.
They mean it ends the need for future bail-out votes, since it will be automatic from this point on.
I give the Repubolicans about a week before the collapse.
Why did bank stocks go up after this all comes out?
Investigate the timing of the SEC Goldman Sachs complaint first, when the 2nd in command Dick Durbin says the timing is perfect you know there is something to this
On top of that the Democrats run Goldman Sachs.
Don’t you smell a rat that these CEO’s give large donations to the Dems, never defend themselves or their companies in front of Congress or on TV, screw up things on purpose, then help Obama and the Dems pass their Socialist schemes. They are socialists parading as capitalists in drag, enrich themselves, and destroy the companies that try to practice capitalism.
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