Free Republic

All 41 Republican senators have signed a letter to Senate Majority Leader Harry Reid saying they are opposed to the financial regulation bill put forward by Democratic Sen. Chris Dodd .... The letter calls for further negotiations, but it does not go as far as to say all 41 senators would support a filibuster of the legislation. *snip* The GOP's contention that the reforms amount to a "bailout bill" seem to follow the advice of a GOP pollster and focused on a provision in the legislation to create a $50 billion bank liquidation fund. The charge was sharply rebuked by...

The Obamacare disaster exposed the arrogance of the Democrat leadership in both houses and the "full speed ahead no matter what the people say" attitude of the president. The Scott Brown win in Massachusetts is proof that the people have had enough. So, what is a desperate democrat to do when American voters are in an obvious revolt, and if the midterm elections were held today, the results would easily resemble the St. Valentine's Day massacre? Apparently, Democrats decided it was time to go on the offense against the president's budget: "A Democratic Senate candidate in Missouri denounced the budget's...

.S. Treasury Secretary Henry Paulson has launched a review of disaster planning for the financial markets, the Financial Times reported on Saturday. The move was prompted by concerns about Wall Street's ability to withstand a terrorist attack, natural disaster or flu pandemic, the newspaper said. In one of his first acts in the post, the FT said Paulson had asked the president's working group on financial markets to assess the improvements made since the September 11 attacks on the United States five years ago. The FT said there was continued Wall Street concern about the resilience of power and telecommunications...