Senate moving forward with Wall Street reform (Harry Reid, Representatives, Reid)
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"This is really something. [Republicans] will not let us vote on amendments [they] have offered, amendments that we've agreed to—they won't let us vote on them,"
Whine, whine, whine. Poor Harry Reid, and damn those dastardly Republicans.
The GOP is the opposition party. They are supposed to oppose what they consider bad or lopsided laws, just like the Democrats did GWB's entire term. If the Dems get their way with this bill they will shut down the derivatives market in this country. The big investment banks don't care, they will just open offices overseas, and the money will keep flowing, but now out of the purview of the SEC.
Why is liberal poster boy Warren Buffet instructing his puppet in the Senate, Ben Nelson (D), to oppose this bill?
The Bill moves on. The Repubs were able to get the $50 Bil industry provided wind down fund removed prior to allowing discussion on the Bill. Their objection was, that Industry funded money, would put the tax payers on the hook?? Now that they don't have that fund, the Bill will, put the tax payers on the hook for the cost of winding down a failed institution??? Another good job Repubs, certainly wouldn't want the Industry to be hampered by that, when you have such a vast supply of cash from the public.
The GOP is the opposition party. They are supposed to oppose what they consider bad or lopsided laws,
"This is really something. [Republicans] will not let us vote on amendments [they] have offered, amendments that we've agreed to—they won't let us vote on them,"
They consider their own ideas bad and lopsided? Then why did they present such proposals?
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