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Is Financial Reform Hurting The GOP?
IBD's Capital Hill ^ | 4/26/2010 | David Hogberg

Posted on 04/26/2010 3:55:55 PM PDT by Slyscribe

Senate Majority Leader Harry Reid, D-Nev., couldn’t come up with the votes to break a filibuster on the financial regulatory bill today. Indeed, Nebraska Democrat Ben Nelson joined a united GOP in opposition. So it’s worth asking whether this issue really is harming Republicans much at all.

Last week IBD reported that Democrats seemed to be enjoying some success with the issue of financial regulatory reform lately, especially after the SEC charged Goldman Sachs (GS) with fraud.

Of course, Republicans may be holding out with the expectation of getting to vote for a compromise bill sometime in the near future.

(Excerpt) Read more at blogs.investors.com ...


TOPICS:
KEYWORDS: financialreform; gop; nelson; wallstreet
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To: stephenjohnbanker

“It appears you are getting dumber. The RNC can’t even get rid of Steele. You watch....in October he will resign claiming “racism”...just in time for the November voting.”

Cannot argue that - I’ve called him a trojan...and he seems to be just that. I just have a problem also blaming the 90% or so of the party that votes reliably conservative - ESPECIALLY COMPARED TO THE OTHER PARTY.


21 posted on 04/26/2010 4:53:00 PM PDT by BobL
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To: BobL; slapshot

Are you going to tell me the entire batch of overpaid Republican cowards could not stop one old bat (Snowe) from voting to release commie care out of committee?

I rest my case.

Caspar Milquetoasts ad nauseum!


22 posted on 04/26/2010 5:01:25 PM PDT by stephenjohnbanker (Support our troops....and vote out the RINOS!)
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To: Slyscribe
michael steele certainly is.

LLS

23 posted on 04/26/2010 5:03:08 PM PDT by LibLieSlayer ( WOLVERINES!)
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To: Slyscribe

Kill the reform, stupid people shouldn’t be protected against their decisions.

Personally, I don’t think any form of consumer protection is constitutional.

It’s up to every individual to examine every issue and protect themsaelves.


24 posted on 04/26/2010 5:06:02 PM PDT by dalereed
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To: dalereed

There isn’t an ounce of reform anyway ;-)


25 posted on 04/26/2010 5:13:50 PM PDT by stephenjohnbanker (Support our troops....and vote out the RINOS!)
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To: stephenjohnbanker

“Are you going to tell me the entire batch of overpaid Republican cowards could not stop one old bat (Snowe) from voting to release commie care out of committee?”

So you think Obamacare could have been stopped in a committee with something like a 14-9 Democrat majority.

Spare me.


26 posted on 04/26/2010 5:21:34 PM PDT by BobL
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To: stephenjohnbanker

I can’t seem to find anything on who voted with the Dems

The Hill said.......Also Reid later changed his vote
Democrat Ben Nelson breaks with party,
votes against forwarding financial reform

By Michael O’Brien - 04/26/10 05:27 PM ET
Sen. Ben Nelson (D-Neb.) voted Monday evening against beginning debate on his party’s Wall Street reform bill.

Nelson, a centrist Democrat who also broke with his party on healthcare legislation and several jobs bills, joined Republicans in opposing the legislation.


27 posted on 04/26/2010 6:21:16 PM PDT by itsahoot (Each generation takes to excess, what the previous generation accepted in moderation.)
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To: Maelstorm

This law is not “reform.”

1. Reinstitute Glass Stegall Act particularly from how sh**ty Citicorp screwed up with Rubin as Vice Chairman. Banks should be in the banking business only.

2. Regulate hedge funds which were made illegal after the 1929 crash when they were called Investment Pools. No 10 to 1 or more leverage. Hedge funds are a bigger problem than Wall Street but they own most of the Dems in the Senate.

3. Mortgages require at least 10% down and a decent credit score. No more loop holes that everyone gets a mortgage.


28 posted on 04/26/2010 6:24:24 PM PDT by Frantzie (McCain=Obama's friend. McCain & Graham = La Raza's favorite Senators)
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To: PhilDragoo

John McCain is a co-worker with Obama at Soros Inc.


29 posted on 04/26/2010 6:25:47 PM PDT by Frantzie (McCain=Obama's friend. McCain & Graham = La Raza's favorite Senators)
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To: itsahoot

Nelson probably voted no because Warren Buffett did not get all the giveaways he wanted. Buffett’s old man was a Repub Senator from NE. He knows how to scam American taxpayers.

Berkishire Hathaway owns Kirby vaccuum cleaners and they are great at scamming the elderly.


30 posted on 04/26/2010 6:31:27 PM PDT by Frantzie (McCain=Obama's friend. McCain & Graham = La Raza's favorite Senators)
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To: BobL

I believe one minority vote was required to advance obamacare. snowe gave the vote

nuff said- a collection of brainless spinelss wussies


31 posted on 04/26/2010 8:26:06 PM PDT by slapshot (""USAF- when you absolutely, positively need it delivered on target, on time, right away)
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To: slapshot

That’s more of a urban legend. They could have changed that rule by majority vote, or Reid could have simply brought it to the floor without their concurrence.

As to why she voted that way...who knows and it has DEFINITELY given credibility to people trying to demoralize the party, by saying that there’s no difference.


32 posted on 04/26/2010 8:32:15 PM PDT by BobL
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To: truth_seeker

Very good. Sadly your excellent comment is being overlooked by sniping and/or trolls (who deserve to be sniped BTW).


33 posted on 04/26/2010 8:56:38 PM PDT by 1010RD (First Do No Harm)
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To: PhilDragoo

- and the dems think that votes like this will hurt the pubs in November. Each to his own thinking!


34 posted on 04/27/2010 9:50:52 AM PDT by potlatch (~~"Where secrecy or mystery begins, vice or roguery is not far off. "~~)
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