Posted on 04/16/2010 3:28:59 PM PDT by lowbridge
Instead of telling Americans who lost their shirts in the financial crisis why Wall Street shouldn’t be regulated, why not allow the Democrats to pass the bill and own the victory—and its consequences?
Whoever it was who defined history as “One damned thing after another” got that right. No sooner are we finished “reforming” health care than we’re about to spend the next six months debating whether to “reform” Wall Street. As another saying goes, “Send me a postcard when you get there.”
Senator Christopher Dodd of Connecticut and Senator Mitch McConnell of Wherever are going at it hammer and tong. Senator Dodd is sponsoring a bill that would—the wording is from The New York Times headline—“Curb [the] Financial Industry.” Having lost most of my shirt in the 2008 bubble, I am among the many who would rather “hang” or “shoot” Wall Street than “curb” it. But never mind.
Dodd, who these days is at pains to depict his retirement as an act of heroism and self-sacrifice, is no spotless lamb in the matter of financial irregularity. (To put it less politely: He’s corrupt.)
Senator McConnell, whose facial opacity amounts to a kind of poker-face magnificence, sallied forth to the microphones outside the White House to denounce the bill as a means of perpetuating federal bailouts of too-big financial institutions. The bill’s defenders rushed to the same microphones to proclaim that in fact, it does the exact opposite. There’s rather a lot of... swing between those two positions. The two top headlines Wednesday on Realclearpolitics.com were a study in Washington yin and yang:
“Financial Reform Bill Ends Bailouts.” Sen. Dodd
“Dodd Bill Institutionalizes Wall Street Bailouts.” Sen. McConnell
Perhaps between now and the November elections, one of these interpretations will emerge as the true one.
(Excerpt) Read more at thedailybeast.com ...
In this case, the apple falls far from the tree.
SnakeDoc
Hey, Chris. Didn’t you endorse the Kenyan Communist/Muslim?
His father must be whirling in his grave...
Thats probably the last title the idgit should be using these days.
Buckley writes this because he is intellectually incapable of simply reading the bill and drawing a proper conclusion.
The man is definitely a member of the Whatever Generation. Which is to say, useless.
Has Christopher ever made the right decision in his life? Abandoned Christianity, betrayed his father, betrayed his wife and children, endorsed Obama.
Yeah, Chris voted for Obama. Now he has, I suppose, “Buyer’s Remorse”.
No No No. Don’t pass anything. Stall Baby Stall!
Pretty please,...
If you still hang around here...
Instead of being tarred as tools of those “evil” bankers for fighting against it.
It has some logic to the argument... But it strikes me as sacrificing the nation for political gain. Or as Rahm Emmanuel stated, “Never let a crisis go to waste.”
Why stop there, Chris? Why not tell conservatives to just stay home on election day, so that Democrats will win big and then be able to pass all the fascist legislation they want? Because then, they’d be fully responsible for all of the consequences thereof.
That’ll learn ‘em.
Chris, dumb-ass: NO
His father must be so proud. /sarc
What a disappointment compared to his father.
WFB WROTE THIS FOOL SON OFF A LONG TIME AGO.
Not necessarily a bad sentiment, but it doesn't match the situation. They're taking the COUNTRY "there" and ALL OF US WITH IT.
Furthermore, not only are they taking me for a ride, they expect me to pay for it.
With my money and my freedom.
No Way.
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