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Until you have read the 2300 page bill that the progressives-communist have written(Frank & Dobb) will you know for sure it's real story. Past history with them or big bills shows, it will not be good. It will be about power and control over the people, that will be a given.
Feingold didn't back the 2300 page bill because he said it wasn't strong enough!! Or he knew 3 reps were voting yes so he could let Wi residents THINK he's really on our side. Like his commercials say "Washington isn't happy with him because he's doing it to help Wi residents" POPPYCOCK!!
So in short, no, no one can deny that this is yet another example of Republican Obstructionism? I'm guessing that in a second, what comes next is the argument that by voting against EVERYTHING that Obama supports, they are actually acting on behalf of the people. Because after Wall Street's Meltdown... the one thing the people DON'T want is reform on Wall Street.
If you support that bill I assume you've read it and know quite a bit about the whole reform.
Then tell me please why Fannie Mae and Freddie Mac are off the hook?
Didn't they play a substantial role in the housing bubble disaster?
Maybe that could be the reason why Republicans don't want to support it?
If you support that bill I assume you've read it and know quite a bit about the whole reform.
Then tell me please why Fannie Mae and Freddie Mac are off the hook?
Didn't they play a substantial role in the housing bubble disaster?
Maybe that could be the reason why Republicans don't want to support it?
Actually, since I didn't get a vote, I'd like to see how many Republicans who DID have a vote read the entire bill (they have to have read it to vote it down right? Like they all read the entire Health Care Bill right?)
Since YOU have read the bill though, feel free to list everything you oppose about Wall Street Reform and what pages they're on - and we'll discuss them.
LOL. Usually this is the part where someone comes in and says that Republicans had a different proposal but the MSM just wouldn't cover the story - but it might be more fun to do this.
Actually, since I didn't get a vote, I'd like to see how many Republicans who DID have a vote read the entire bill (they have to have read it to vote it down right? Like they all read the entire Health Care Bill right?)
Since YOU have read the bill though, feel free to list everything you oppose about Wall Street Reform and what pages they're on - and we'll discuss them.
LOL. Usually this is the part where someone comes in and says that Republicans had a different proposal but the MSM just wouldn't cover the story - but it might be more fun to do this.
IMO if Fannie Mae and Freddie Mac were addressed in the bill it would get broad support from Republicans.
If you support that bill I assume you've read it and know quite a bit about the whole reform. Then tell me please why Fannie Mae and Freddie Mac are off the hook? Didn't they play a substantial role in the housing bubble disaster?
Yes, they did.
Quote:
Maybe that could be the reason why Republicans don't want to support it?
Quite possible. By not addressing the root of the problem, Obama and the Dems are setting us up for a repeat.
LOL - the Republicans probably don't know what they voted no to - nor was it important to know. What was important was to keep that track record going of opposing EVERYTHING Obama does under the guise that the people don't want it. Like they did with Stimulus, like they did with Healthcare, like they did with the potential 2016 Olympics, like they did with [insert name of thing that benefits Americans here]
If Obama is for it, they're against it.
I sort of feel that way about those who voted for Obama, they too did not know what they voted for, now look at the mess we are in. You don't vote out of popularity, or because the hollywood elite tell you to, or because Oprah endoreses a person, or because the guy is charming, or cute or whatever, you must vote for the right reasons. With Obama too many people are now waking up to his nonesense.
I sort of feel that way about those who voted for Obama, they too did not know what they voted for, now look at the mess we are in. You don't vote out of popularity, or because the hollywood elite tell you to, or because Oprah endoreses a person, or because the guy is charming, or cute or whatever, you must vote for the right reasons. With Obama too many people are now waking up to his nonesense.
Do you actually have an opinion of the regulation of the banking sector or do you just use every opportunity to bash Obama?
Actually, since I didn't get a vote, I'd like to see how many Republicans who DID have a vote read the entire bill (they have to have read it to vote it down right? Like they all read the entire Health Care Bill right?)
Um.. you have that backwards.. before voting YES you would have to have read the bill.. I would EXPECT anyone to vote no until they have time to read the bill in full.. You dont vote yes by default until you read the bill.. you vote NO..
How does regulation on the banking sector, NOT the goods market, limit competition? How does that lead to less employment for american citizens?
I think banks should only work as commercial banks with no speculation and risky behaviour. How does that hinder competition?
I am really curious to hear an answer from you.
I'm not surprised that many on the left dont understand how this works.. Here, lets give you an example...
You own Goldman Sachs, you support the Wall Street reform bill because doing so, limits anyone else from competing against you because YOU SET THE STANDARDS.. For example, you can claim that you need $10B in assets in order to do x, y, or z.. You can make $10B the limit because YOU HAVE $10B and you want to STOP others from entering into your line of work to compete against you. If you have less competition, than you can charge more for your services, and thereby increase your profits.
Thats why lobbiest exist.. thats why wall street reform was SUPPORTED by Wall Street bankers, thats why healthcare reform was supported by Healthcare insurance companies.. You buy influence to get laws written so you are the ONLY ONE providing services and no one else. If there is less competition, than other businesses cant grow to compete in your field, and they cant hire new employees with your expertise.. If there are more unemployed individuals with your knowledge, the cost of your labor just went down because you are willing to take a job earning less, which again, increases the businesses profits..
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