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Sweeping Wall Street Reform Bill Advances
MSNBC ^ | May 20, 2010

Posted on 05/20/2010 12:21:17 PM PDT by Steelfish

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To: VanDeKoik

Time for Texas to split into 5 states as was guaranteed.

In fact, maybe we should split Az into two states too.


51 posted on 05/20/2010 1:10:42 PM PDT by Mouton
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To: maddog55

This bill is a big deal and will allow the IRS to have even more power over financial transactions. In fact, it might be a good time to take money out of your savings account, buy a safe and put gold in it.
Brown is a phony rino and will not be re-elected even in liberal MA. He will just not have the base of support from the Tea Party activists.


52 posted on 05/20/2010 1:13:02 PM PDT by grumpygresh (Democrats delenda est)
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To: Windy City Conservative

I live in Maine, and I sure as hell don’t want to be part of gun-grabbing, liberal Canada, thank-you very much.


53 posted on 05/20/2010 1:19:28 PM PDT by july4thfreedomfoundation (I'm voting for Sarah Palin because she pisses off the right people.)
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To: VanDeKoik
The accession was signed by Christian Remmick. My ancestor.
54 posted on 05/20/2010 1:20:26 PM PDT by massgopguy (I owe everything to George Bailey)
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To: b4its2late

None of them are.


55 posted on 05/20/2010 1:22:47 PM PDT by Norman Bates
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To: PMAS
He did vote “yea” to put the bill to a vote. If he votes against it, he'll be in John Kerryville. “I voted for the bill before I voted against it.”

What a disaster this guy is turning out to be. How long before he flips and caucuses with the Dems?

56 posted on 05/20/2010 1:24:36 PM PDT by Carling (Remember November)
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To: Steelfish
I remember reading the original Dodd bill will let Soros and Hedge funds off the hook (MFA)
57 posted on 05/20/2010 1:27:14 PM PDT by opentalk
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To: Steelfish

Well, it ended the uncertainty all right - we ARE going down the sh!tter.


58 posted on 05/20/2010 1:29:08 PM PDT by nina0113
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To: Steelfish

RINO’s.

We need hunters.


59 posted on 05/20/2010 1:29:17 PM PDT by GeronL (Political Correctness Kills)
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To: Steelfish

Brown, I knew it. Collins, Snowe and Brown are the bane of our existence.


60 posted on 05/20/2010 1:33:04 PM PDT by mojitojoe (banking institutions are more dangerous to our liberties than standing armies. Thomas Jefferson)
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To: teg_76

Add Crist, Grahma-nesty, Rubio et al.


61 posted on 05/20/2010 1:36:43 PM PDT by Frantzie (McCain=Obama's friend. McCain/Graham = La Raza's Senators)
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To: b4its2late

Snowe and Brown are up in 2012. Collins in 2014.

Snowe and Collins will be re-elected, sad to say. I live in Maine and no other Republican, moderate or conservative, has the name recognition of these two stimulus sisters.

Their democrat opponents are always ultra-liberals.

Southern Maine is basically North Massachusetts.
Northern Maine has alot of conservative gun-owners, and retired veterans, but alot of poverty and a high percentage of elderly folk.

Poor people and elderly may not necessary be liberal, but they tend to favor big government programs. Maine is a tough-nut to crack for conservatives to win statewide or federal office.

The state is basically very pro-military....lots of flag wavers and patriots. For instance, a 21 year old soldier was killed in Afghanistan recently. His funeral was held here in Maine last Sunday. The local media reported the story in length....respectfully....the democrat governor called the family, ordered flags statewide lowered on the day of the funeral, and I believe he attended the funeral. Snowe and Collins usually attend these funerals, too.
Maine has one of the largest numbers of National Guard in Iraq and Afghanistan, per capita, of any state.

We’re not all moonbats here in Maine, in spite of the frustrations caused by Susan Collins and Olympia Snowe.


62 posted on 05/20/2010 1:37:24 PM PDT by july4thfreedomfoundation (I'm voting for Sarah Palin because she pisses off the right people.)
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To: grumpygresh

Most people are too dumbed down, they won’t take their money out of the bank. Why? I have no idea. I guess it’s easier to just b*tch on FR and other forums than to actually do something about it. I cleaned mine out long ago and they will never get their hands on it. It’s not even in this country.


63 posted on 05/20/2010 1:38:20 PM PDT by mojitojoe (banking institutions are more dangerous to our liberties than standing armies. Thomas Jefferson)
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To: listenhillary

Laws and regulations are only effective when enforced, wouldn’t you agree?

It is now obvious that BP’s large donations to Obama and the Democrats resulted is inspections being skipped.

As for non-enforcement of laws, look at immigration.


64 posted on 05/20/2010 1:38:35 PM PDT by SatinDoll (NO Foreign Nationals as our President!!)
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To: Steelfish
wonder twins Pictures, Images and Photos

SDCC 09 Exclusive Wonder Twins Gleek Pictures, Images and Photos

Rino twins from Maine and their monkey strike again!

65 posted on 05/20/2010 1:41:33 PM PDT by Snickering Hound
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To: All
Obama lying again - saying economy is doing great & creating jobs. Meanwhile, what he's not telling anyone is that he'll be signing another $437B "emergency" spending bill in about 10 days.

Smoke & mirrors, coupled with the strong delusion of the people, and he marches on with his agenda of destruction.

66 posted on 05/20/2010 1:44:32 PM PDT by anniegetyourgun
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To: Steelfish

Congress’ Financial Mess (Walter Williams)

http://econfaculty.gmu.edu/wew/articles/09/CongressFinancialMess.htm

Professor David Henderson, research fellow at Stanford’s Hoover Institution, writes about regulation in “Are We Ailing From Too Much Deregulation?” in Cato Policy Report (November/December 2008). The Federal Register, which lists new regulations, annually averaged 72,844 pages between 1977 and 1980. During the Reagan years, the average fell to 54,335. During the Bush I years, they rose to 59,527, to 71,590 during the Clinton years and rose to a record of 75,526 during the Bush II years. Employees in government regulatory agencies grew from 146,139 in 1980 to 238,351 in 2007, a 63 percent increase. In the banking and finance industries, regulatory spending between 1980 and 2007 almost tripled, rising from $725 million to $2.07 billion. So here’s my question: What are we to make of congressmen, talking heads and news media people who tell us the financial meltdown is a result of deregulation and free markets? Are they ignorant, stupid or venal?


67 posted on 05/20/2010 1:45:27 PM PDT by WOBBLY BOB ("The welfare of humanity is always the alibi of tyrants"-Albert Camus)
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To: Steelfish

Fascism is here.

2012 is going to be the NASTIEST election in history with Obama using this law to go after political rivals.

THANK YOU MODERATES (you know who you are and there are a bunch of you running around on this board.)


68 posted on 05/20/2010 1:45:53 PM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: Steelfish

Hurry now, rebuild the barn after the horse is gone. New set of regs needed which will hastily be ignored. See??? I’ve seen this sh-t before.


69 posted on 05/20/2010 1:51:09 PM PDT by Waco (Kalifonia don't need no stenkin oil and no stenkin revenues)
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To: Steelfish
More big government under the name of reform, It will hurt community banks because of the increase in regulation. Freddie and Fannie are not in the bill or addressed.
70 posted on 05/20/2010 1:51:58 PM PDT by opentalk
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To: Tzimisce

Scott’s on with Howie Carr right now. He voted against the bill.


71 posted on 05/20/2010 1:52:25 PM PDT by massgopguy (I owe everything to George Bailey)
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To: july4thfreedomfoundation

I know you aren’t all moonbats there for sure just as all New Yorkers aren’t either, but we are over powered by the moonbats which gives us normals a bad rap.


72 posted on 05/20/2010 1:54:22 PM PDT by b4its2late (Why does a slight tax increase cost you $200 and a substantial tax cut save you 30 cents?)
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To: massgopguy

The bill has not been voted on. He voted yea to end the discussion/filibuster (cloture).


73 posted on 05/20/2010 2:01:42 PM PDT by Snoopers-868th
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To: Alberta's Child

“what is the basis of the Republican Party’s objections to the bill as it is constituted?”

Simply put, it’s an executive branch power grab. It will give the government the authority to oversee banks and the credit industry. All records (including our individual records) will be open and under the supervision of the government.

It permits the government to do hostile takeovers of any banks it wants, fire management, replace the board of directors, liquidate assets, and select which creditors get paid.

If passed, congress will have no say in what is being done unless they write new legislation. So financial institutions will have to play by Obama’s rules or else. It has been described as turning our financial institutions into public utilities.


74 posted on 05/20/2010 2:12:56 PM PDT by sijay
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To: Steelfish

Punish, punish, punish: that is the Comrade O-Kenya Agenda. America must be punished for being the most successful, free-est nation on the face of the earth. Punish and then control the sheepish masses.


75 posted on 05/20/2010 2:22:36 PM PDT by La Enchiladita
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To: mojitojoe

“Brown, I knew it. Collins, Snowe and Brown are the bane of our existence.”

Especially Collins and Snowe. I’d be so happy if these two would just evaporate!


76 posted on 05/20/2010 2:23:07 PM PDT by sijay
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To: Frantzie

I have to say, if you don’t “trust” Marco Rubio, you’re not going to like more than a handful of U.S. Senators. Marco Rubio is a solid conservative, and will help move the Senate in the right direction. Sure, he was an idiot to comment on the AZ law before having read it, but it doesn’t make him a liberal. It should be noted, though, that not only did Rubio support the law after he read it (and, particularly, after amendments clarifying the things that liberals were demagoguing about were signed into law), but that even in his initial comments he said that he understood the need for action by border states and merely said that he was “troubled” about certain aspects of the law that he had heard from the media. There’s a big difference between what Rubio said (and later retracted when he got more information) and what amnesty pushers believe.


77 posted on 05/20/2010 2:23:30 PM PDT by AuH2ORepublican (If a politician won't protect innocent babies, what makes you think that he'll protect your rights?)
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To: Alberta's Child

Do a search under keyword ‘chrisdodd’ for previous articles about this legislation. It’s been around for several months.


78 posted on 05/20/2010 2:24:54 PM PDT by La Enchiladita
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To: AuH2ORepublican

Rubio is an open-borders RINO like Mel Martinez.

Rubio flip flopped and said AZ’s law is good for AZ but not Florida. McCollumn said the same idiocy.

Illegal aliens are bankrupting America.


79 posted on 05/20/2010 2:28:25 PM PDT by Frantzie (McCain=Obama's friend. McCain/Graham = La Raza's Senators)
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To: Alberta's Child

It’s supposed to be about too big to fail but its about everything else but. Among problems with it is big brother-like visibility into personal financial matters. Perhaps worst of all is putting an ACORN-like fifth column inside the FRB. They call it the CFPA but it really is the financial luddite Christmas tree. Amongst its lunacy is they want to “approve” products before financial businesses release them to consumers. There will be more innovation in the ant hill business now. Egad.


80 posted on 05/20/2010 2:30:39 PM PDT by major-pelham
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To: La Enchiladita

Obama and his Congress are like doting mothers and oppressive fathers. Whenever the kid makes a mistake, big daddy will make sure he puts strict rules in place so junior doesn’t mess up again, and tells junior how disappointed he is in him and how bad he’s been. Junior then grows up scared of his own shadow until one day he commits suicide. We’re junior, folks.


81 posted on 05/20/2010 2:57:37 PM PDT by Windy City Conservative (Kyle Smith)
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To: Frantzie

If you’re going to defame Marco Rubio, you’d better come up with some evidence and not assume that he’s pro-open borders just because he’s Hispanic. Marco Rubio has a long record in the legislature and has been consistently opposed to open borders and amnesty for illegal aliens. So put up or shut up: where’s your evidence?


82 posted on 05/20/2010 2:58:38 PM PDT by AuH2ORepublican (If a politician won't protect innocent babies, what makes you think that he'll protect your rights?)
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To: Windy City Conservative

Yeah, I’ve noticed the pretend POTUS’s authoritarian streak. When he isn’t issuing a deadline, he’s giving an ultimatum. I thought our constitution and government were constructed to be the opposite of authoritarian. Can we call him a pre-constitutional ruler?


83 posted on 05/20/2010 3:03:30 PM PDT by La Enchiladita
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To: rintense

They will never take the blame.

And, I think we have only a tad more than 8 weeks to go before “it” gets ushered in...


84 posted on 05/20/2010 3:08:05 PM PDT by jacquej
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To: AuH2ORepublican

BS. Rubio blocked AZ-like laws when he was the leader of the FL House. He is spewing the same crap McCollum is saying AZ’s law is good for AZ but not for FL. This is after Rubio flip-flopped on AZ’s law. He was against it before he was for it. He sounds like JohnKerry or pathetic Crist.

It is the same crap Jeb Bush, Crist and Rubio are saying. They are RINOs too and not hispanic.

Mel Martinez 2.


85 posted on 05/20/2010 3:09:11 PM PDT by Frantzie (McCain=Obama's friend. McCain/Graham = La Raza's Senators)
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To: Frantzie

So, assuming that you are correct and Rubio blocked “AZ-type bills” in the FL state house, if Rubio thought that it was a bad idea politically for FL Republicans to adopt a law mandating cops to check the immigration status of everyone they stop, it means that he’s in favor of open borders and amnesty for illegal aliens? While I think that every state—and the federal government—should adopt a law similar to the one recently adopted in AZ, that does not mean that everyone who would rather not do so is a RINO. Remember, too, that Rubio’s family, as well as most of his constituents in his old house district, escaped from a communist regime in which one had to carry one’s “papers” at all times or face getting hauled away by the secret police, so a law like the one adopted in AZ would certainly be controversial even among Republicans in South Florida.

You picked out one, tangential issue—the AZ law—and deemed anyone who would not adopt the law in his home state a RINO. I bet you I can do the same to 99% of Republican politicians nationwide by picking another non-central issue, since X voted to ban discrimination against homosexuals in the workplace, and Y voted against defunding Planned Parenthood, and Z voted for tariffs on steel imports, but that does not mean that 99% of Republican politicians nationwide are RINOs. Marco Rubio is a solid conservative, and will be our ally in the Senate on every issue—including immigration. Falsely claiming that Rubio is in favor of open borders and amnesty for illegal aliens will only result in someone who will vote against us on just about every issue, such as Charlie Crist and (especially) Kendrick Meek, being elected to the Senate in Florida.


86 posted on 05/20/2010 3:40:22 PM PDT by AuH2ORepublican (If a politician won't protect innocent babies, what makes you think that he'll protect your rights?)
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To: AuH2ORepublican

Snipped nonsense!

One tangential issue?! You mean illegal immigration which is bankrupting America and FL? The problem is the FL GOP is all RINOs. Open-border Bush pals. Disgusting. I though McCollum was better but he is just as bad.

Crist is liberal Democrat but Rubio is an open-borders RINO.


87 posted on 05/20/2010 4:02:04 PM PDT by Frantzie (McCain=Obama's friend. McCain/Graham = La Raza's Senators)
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To: Steelfish

Brown, Snowe and Collins. The usual RINOs sell us out once again. We need to pass NOTHING until the Republicans retake all of the US legislature. Any corrections to any deficiences we have as a nation can wait until then. Anything passed by Pelosi and Read will advance communism in sheep’s clothing.


88 posted on 05/20/2010 4:13:51 PM PDT by Freedom_Is_Not_Free (Liberal are like termites eating away our cultural foundations.)
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To: PMAS

Brown is good. He is a liberal Republican that is one seat closer to a Senate majority. There is no Masshole alternative better than we have in Brown. He is the best we are going to get out of “Kenedy’s seat”, so don’t complain about him. At least he helps the Republicans retake the Senate and get rid of Read or whoever would become majority leader after Read gets unelected.

We need to retake the House and Senate. Any RINOs who take a Socialists seat helps us get there. Brown is a good thing. We aren’t’ going to get better from the Commonwealth of Taxassueschits.


89 posted on 05/20/2010 4:17:32 PM PDT by Freedom_Is_Not_Free (Liberal are like termites eating away our cultural foundations.)
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To: unkus
I predict 0bamaCare will never be implimented.

We’ll be in such bad shape by this time next year that they will just toss it aside.

I agree with you on the implementation of the so called "health aspects" of the bill. That was never the intent of the socialist RAT bastards, as they only wanted to advance their socialist-marxist-fascist agenda.

However what will be implemented without delay will be the 111 additional federal bureaucracies and thousands of new federal employees, called for by 0bozo Healthcare debacle. Even in the unlikely event that this Healthcare debacle is ever repealed, the chances are nil to none, that the new federal agencies will be removed or defunded. We will still get screwed in the end.

90 posted on 05/20/2010 5:23:55 PM PDT by rcrngroup (q)
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To: rcrngroup

I agree with you on the implementation of the so called “health aspects” of the bill. That was never the intent of the socialist RAT bastards, as they only wanted to advance their socialist-marxist-fascist agenda.

However what will be implemented without delay will be the 111 additional federal bureaucracies and thousands of new federal employees, called for by 0bozo Healthcare debacle. Even in the unlikely event that this Healthcare debacle is ever repealed, the chances are nil to none, that the new federal agencies will be removed or defunded. We will still get screwed in the end.


I think you’ve got it exactly right.


91 posted on 05/20/2010 5:28:49 PM PDT by unkus
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To: Frantzie

No, stopping illegal immigration is indeed a central issue (and a darn important one); a state law mandating that cops verify the immigration status of everyone they stop is a tangential issue. Re-read my examples of tangential issues in my prior post and you’ll see what I mean.

You are throwing a hissy fit because someone who agrees with you on the central issue (and it is clear that Marco Rubio opposes open borders and amnesty for illegal aliens) does not agree with you 100% on how to achieve it. You’re like pro-lifers who will pledge to defeat a legislator with a 99% pro-life voting record because they did not vote to defund Planned Parenthood. When someone does that, one should be disappointed, and explain why it’s bad strategy for a pro-lifer to vote against defunding Planned Parenthood; one shouldn’t lie about the legislator, calling him pro-abortion, and thus aid someone who truly is pro-abortion get elected to replace him. And that’s what you’re doing with Marco Rubio by calling him an “open-borders RINO” without a shred of evidence. You know who truly is pro-open borders? Kendrick Meek. You know who would probably support amnesty for illegal aliens? Charlie Crist. They’re the ones who will benefit from your attacks upon Marco Rubio’s honor.

I asked you several posts ago to show me where Marco Rubio has favored open borders or amnesty for illegal aliens, and you’ve got NOTHING. Your repetition of “he doesn’t think the AZ law is right for FL” as “proof” of your claim is a non-sequitur.


92 posted on 05/20/2010 6:13:34 PM PDT by AuH2ORepublican (If a politician won't protect innocent babies, what makes you think that he'll protect your rights?)
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To: Steelfish

Meanwhile... the Dow loses 379 points today and unemployment claims are UNEXPECTEDLY up this week. Baci il mio asino, mia Presidente!


93 posted on 05/20/2010 9:04:18 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: Alberta's Child

Understood. But, here’s my concern....the added BS they’ll throw in on top of this bill. Like this tidbit that just came to light: http://www.freerepublic.com/focus/f-news/2518425/posts


94 posted on 05/21/2010 12:35:08 PM PDT by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to say it)
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To: ilovesarah2012

WE don’t need more laws.
THEY need the laws to exercise greater control over us - now including total monitoring of your bank account activity.

Great. Now they can look at everything you do with your money and claim you owe even more in taxes.


95 posted on 05/21/2010 12:40:15 PM PDT by ctdonath2 (+)
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