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Sen. Collins pledges to block Democratic Wall Street bill
The Hill ^

Posted on 04/19/2010 3:38:24 PM PDT by Sub-Driver

Sen. Collins pledges to block Democratic Wall Street bill By Alexander Bolton - 04/19/10 04:19 PM ET

Sen. Susan Collins (R-Maine) announced after meeting with Treasury Secretary Timothy Geithner on Monday that she will vote to filibuster a Democratic Wall Street reform bill.

Her announcement hurts Democratic chances of moving financial reform legislation through the Senate this week.

Senate Majority Leader Harry Reid (D-Nev.) said last week that he planned to bring the legislation to the floor this week, but Collins’s stance means that Democrats will likely not have the 60 votes needed to begin floor debate.

Collins said she and Geithner found common ground on many areas of financial regulatory reform and urged Democrats to spend several more weeks negotiating the measure. RELATED ARTICLES

* WH predicts 'strong bipartisan vote' on finance reform

Collins said it was unlikely that her concerns could be addressed within the next few days so that Reid could stick to his schedule.

“I see no reason why a bipartisan bill could not be put together over the next few weeks,” Collins said.

Collins said she told Geithner of her belief “that we can work out a truly bipartisan bill that will strengthen our financial system.”

(Excerpt) Read more at thehill.com ...


TOPICS: Front Page News; Government; News/Current Events; US: Maine
KEYWORDS: 111th; gop; susancollins; wallstreet

1 posted on 04/19/2010 3:38:24 PM PDT by Sub-Driver
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To: Sub-Driver

What about that other *witch from ME?


2 posted on 04/19/2010 3:39:54 PM PDT by jessduntno (I've never been a member of the Democrat Party. I stepped in it once, but scraped it off.)
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To: Sub-Driver

Yeah, but I’m sure they’ll pull another RINO along with them.

Brown seems like a good possibility.


3 posted on 04/19/2010 3:41:34 PM PDT by Retired Greyhound
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To: Sub-Driver

Too little, Too late.


4 posted on 04/19/2010 3:42:16 PM PDT by marstegreg
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To: Sub-Driver

All right, how much does she want?


5 posted on 04/19/2010 3:42:31 PM PDT by JoSixChip (It's time to embrace the madness! The sooner we default the sooner we can reorganize.)
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To: Sub-Driver

I’m sure there is going to be one RINO that will give the Dims a “reach-around” at the worst possible moment...


6 posted on 04/19/2010 3:42:32 PM PDT by saluki_in_ohio (I support statehood for Central and Southern Illinois. Let Cook County play with itself...)
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To: Sub-Driver; All

We can only hope.

196 days to November 2.

And about 60 days after that, the new Congress convenes.

I worry more about those 60 days.


7 posted on 04/19/2010 3:42:59 PM PDT by Recovering_Democrat
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To: Retired Greyhound
Brown seems like a good possibility.

Brown said on Face the Nation yesterday he is 100% against this bill and would not support even a cloture vote to bring it to the floor. Last reports I heard are that ALL Senate Republicans are opposing. Let's not get so down on Brown just because being from Massachusetts he's not been able to vote 1000% with the party.

8 posted on 04/19/2010 3:43:32 PM PDT by MissesBush (Stay angry--right through November)
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To: Sub-Driver

Nope stick em with a fork. They are done. The Crats have had it. They are reduced to whining about the Tea Party. Never have so few done so much for so many.


9 posted on 04/19/2010 3:43:46 PM PDT by screaminsunshine (i)
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To: Sub-Driver

Temperatures in Hell are falling.

Me and Collins actually agree on something? Wow.


10 posted on 04/19/2010 3:45:43 PM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: Sub-Driver
Collins and Brown both announced that they would support a filibuster, today. I think Obama’s “dare” to republicans to oppose the bill may have backfired on him. Even RINO’s like Collins and Brown get turned of by his arrogance.
11 posted on 04/19/2010 3:47:02 PM PDT by apillar
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To: apillar

What is so bad about this bill?

Granted its coming from obama and the dem commies so I assume its a disaster, but what specifically is wrong with it? I have not paid too much attention to this thing and would like some bullet points for when my facebook “friends” attack.

Thanks freepers.


12 posted on 04/19/2010 3:51:01 PM PDT by GlockThe Vote
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To: Sub-Driver
but Collins’s stance means that Democrats will likely not have the 60 votes needed to begin floor debate.

That is like such yesterdays rules, get with the new dictator's program already.

13 posted on 04/19/2010 3:51:24 PM PDT by Las Vegas Ron ("Because without America, there is no free world" - Canada Free Press - MSM, where are you?)
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To: Sub-Driver
Susan Collins wakes up every morning fantasizing about voting with the Dems. If you're Obama and you can't get her to vote with you, you're to the left of Bernie Sanders.

Of course it's early, and Collins seldom misses an opportunity to stab the GOP in the back, but this is a good sign.

14 posted on 04/19/2010 3:52:29 PM PDT by OldDeckHand
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To: apillar

As long as the bill contains unlimited bailouts the GOP is in a strong position to filibuster. This issue will be a negative for the Dems, not the GOP.

No more bailouts for banks, businesses or Fannie & Freddie.

Separate issues, but while we are at it...no pension bailouts for businesses or states that go bankrupt. Require companies to be fully funded in pensions each year. The taxpayers do not want to be on the hook for union pension.


15 posted on 04/19/2010 3:53:08 PM PDT by coaltrain
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To: Sub-Driver

Did Collins also tell Timmy to fix his neck angle?


16 posted on 04/19/2010 3:53:57 PM PDT by JPG (Mr. Gore, we have a warrant for your arrest...put your hands behind your back.)
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To: Retired Greyhound

If you can believe McConnell, the Reps will stand together and block the bill.


17 posted on 04/19/2010 3:55:52 PM PDT by kabar
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To: JPG

For Collins to threaten a fillibuster it must really be a stinky diaper.


18 posted on 04/19/2010 3:57:10 PM PDT by GlockThe Vote
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To: GlockThe Vote

The bill gives obumber unlimited authority to do to any company what he did to GM if he feels they are a threat to the economy.


19 posted on 04/19/2010 3:57:24 PM PDT by JoSixChip (It's time to embrace the madness! The sooner we default the sooner we can reorganize.)
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To: Sub-Driver

Good to see. Brown has said he will vote against it too.


20 posted on 04/19/2010 4:05:03 PM PDT by Maelstorm (Some want to enslave your body others your soul.)
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To: Sub-Driver

Hope they block everything from now until O’s out of office.


21 posted on 04/19/2010 4:06:15 PM PDT by b4its2late (Bawney Fwank's mother should have thrown him away and kept the stork.)
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To: jessduntno

Snowe will cave IF THE PRICE IS RIGHT! She always AND ONLY does what is best for SNOWE!


22 posted on 04/19/2010 4:18:50 PM PDT by WellyP
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To: Sub-Driver
I can't understand why a RINO is the only thing standing in the way of the Democrat's plan to dismantle this country. Has every Democrat surrendered November? Why aren't Democrats screaming, "Enough!"

If they have surrendered November, are there no (none, NADA) patriots left in the Democratic Party?

23 posted on 04/19/2010 4:19:39 PM PDT by stevem
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To: Sub-Driver

Perhaps our favorite RINOs are feeling a little vulnerable.


24 posted on 04/19/2010 5:03:00 PM PDT by skeeter
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To: Sub-Driver

“Sen. Collins pledges to block Democratic Wall Street bill”

Damn RINOs at it again, supporting Obama, supporting anything conservative Republicans oppose...they just can’t help themselves.

...Hmmm, wait a minute, I just read the headline again. Never mind.


25 posted on 04/19/2010 5:16:49 PM PDT by BobL
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To: kabar
Will McConnell get ANY praise for holding the Repubs together against this? Sure hope so.

IMO he and Boehner have been doing an amazing job at keeping the dogs from straying.

26 posted on 04/19/2010 5:17:57 PM PDT by what's up
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To: Sub-Driver

The RINO’s are largely falling in line. Obama’s agenda is too toxic even for their notoriously strong stomaches.


27 posted on 04/19/2010 5:19:33 PM PDT by Clintonfatigued (Obama's more worried about Israelis building houses than he is about Islamists building atomic bombs)
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To: Sub-Driver
“I see no reason why a bipartisan bill could not be put together over the next few weeks,” Collins said.

Scary!

28 posted on 04/19/2010 5:26:56 PM PDT by Kenny
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To: GlockThe Vote

You can tell them it’s another Harry Reid / Nancy Pelosi crap sandwich of a bill.


29 posted on 04/19/2010 5:37:10 PM PDT by pingman (Price is what you pay, value is what you get.)
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To: Sub-Driver

Both the ME whores will cave. Ben Nelson showed them the way.


30 posted on 04/19/2010 5:38:44 PM PDT by VRWC For Truth (Throw the bums out who vote yes on the bail out)
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To: GlockThe Vote
The bill gives obumber unlimited authority to do to any company what he did to GM if he feels they are a threat to the economy.

Moreover, while this is a bad idea on the surface, consider the power this places in Obama's hands. Which is the bill's real purpose, of course.

Under the circumstances, a company and its employees would not be advised to contribute to the Republican party or any of its candidates...

The "Financial Reform" bill is an insidious piece of totalitarian trash.

31 posted on 04/19/2010 5:44:13 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance on Parade)
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To: JoSixChip

Oh geez. Why do we even have bankruptcy laws?


32 posted on 04/19/2010 6:08:11 PM PDT by GlockThe Vote
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To: OldDeckHand

Let’s hope she took note of what happened to Stupak when he tried holding out for more.


33 posted on 04/19/2010 6:52:07 PM PDT by bog trotter
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