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Senate passes financial regulation bill
Washington comPost ^ | 5/21/2010 | Brady Dennis

Posted on 05/20/2010 6:41:26 PM PDT by markomalley

The Senate approved new far-reaching financial rules on Thursday aimed at preventing the risky behavior and regulatory failures that brought the economy to the brink of collapse two years ago and cost millions of Americans their jobs and savings.

The bill passed by a vote of 59 to 39, with four Republicans joining a majority of Democrats in supporting it.

The 1,500-page measure, shepherded through the Senate by Christopher J. Dodd (D-Conn.), chairman of the banking committee, seeks to reshape both Washington and Wall Street.

(snip)

They successfully courted Republican Sens. Olympia J. Snowe and Susan Collins, both of Maine, in part by including in the final bill provisions that each wanted. Sen. Charles E. Grassley (R-Iowa) also backed the bill. Equally critical was the last-minute push to win over Scott Brown (R), the Senate's newest member.

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


TOPICS: Breaking News; Business/Economy; Government
KEYWORDS: 111th; agenda; banking; charlesgrassley; chrisdodd; feingold; olympiasnowe; scottbrown; susancollins; wallstreet
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To: tobyhill
"Stop donating to the GOP until they finally purge these RINOs."

Everytime the RNC asks me for a donation I send it back with no money and with COLLINS, SNOWE, GRAHAM and VOINOVICH(and I used to write SPECTER) written in big bold magic marker.

61 posted on 05/20/2010 8:25:26 PM PDT by libs_kma (If you RAM it down our throats in 2009, we're going to SHOVE it up your "donkey" in 2010!!!!!)
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To: Irisshlass

Another sixth of our economy will be ruled by Washington. Why no filibuster?

http://online.wsj.com/article/SB10001424052748703691804575254401645329716.html?mod=WSJ_Opinion_LEFTTopOpinion


62 posted on 05/20/2010 8:26:16 PM PDT by W-Girl
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To: rogertarp
I agree but do not see a peaceful resolution. These people believe they have been appointed to lifetime positions and act accordingly. (Look at Bennett's stunning reaction...actually crying...No a firing squad is the only remedy and I may be banned from FR for saying so, but it is time for blood of tyrants and patriots to be spilled for the cause of liberty. I've lost everything as it is...there is nothing left to lose and I'm relatively sure that I am not alone.

"I would rather die on my feet, than live on my knees"

63 posted on 05/20/2010 8:45:46 PM PDT by Outlaw Woman (Control the American people? Herding cats would be easier.)
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To: EGPWS
I'm about ready to take the red pill and endure what I may encounter.

Anywhere where personal freedom has a chance.






64 posted on 05/20/2010 8:48:17 PM PDT by Oceander (The Price of Freedom is Eternal Vigilance -- Thos. Jefferson)
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To: Siena Dreaming

Dodd and Frank created the entire mess on the first place.
But this is typical M. O. for the left: create a problem, then create a “solution”, which gives them more power and control.


65 posted on 05/20/2010 9:08:16 PM PDT by Rennes Templar (Illegal immigration is destroying America, look what it's done to the White House)
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To: markomalley
Photobucket

Way to go Scotty B. You just added to the sickening fascist destruction of this country. Teddy would be so proud.

66 posted on 05/20/2010 9:19:34 PM PDT by kara2008
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To: markomalley
I need to see the final text on this. There was mention that the bill included empowerment of the FTC over vitamin and supplements. FTC has wanted to shutdown this industry for a long time. Sneeking the authorization under the radar with this bill appears to achieve their objectives. Bye bye to GNC, Vitamin Shoppe and the vitamin/supplement shelves at Walmart/Target/Kroger and other stores.
67 posted on 05/20/2010 9:21:14 PM PDT by Myrddin
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To: Outlaw Woman
Obama bumper stickers are the equivalent of wearing a "kick me, I'm stupid" sign. I'm sure they will be helpful when deciding who gets the layoff notices first.
68 posted on 05/20/2010 9:29:53 PM PDT by Myrddin
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To: july4thfreedomfoundation

I wonder what it’s like in Panama?
*****

Try the Philippines. Serious..


69 posted on 05/20/2010 10:16:04 PM PDT by max americana
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To: tobyhill

Stop donating to the GOP until they finally purge these RINOs.


I donate to individual conservatives....all over the country. It might be only $5.00 per, but it all adds up.


70 posted on 05/20/2010 10:26:54 PM PDT by unkus
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To: Shady

I predict DeathCare will NOT be implemented.

We could be in a Depression by this time next year....if it’s not already a Depression.


71 posted on 05/20/2010 10:30:27 PM PDT by unkus
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To: Carling

RUSH IS RIGHT!


72 posted on 05/20/2010 10:35:40 PM PDT by unkus
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To: Myrddin

Obama bumper stickers are the equivalent of wearing a “kick me, I’m stupid” sign. I’m sure they will be helpful when deciding who gets the layoff notices first.


Anyone with an 0bama sticker on their car is stupid. They’ll be asking for an ass kicking pretty soon.


73 posted on 05/20/2010 10:40:54 PM PDT by unkus
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To: Carling
As somebody who has had some issues with Rush Limbaugh over the years, he is the lone voice of reason in the country right now for conservatives.

It's a sad state of affairs when only one voice will stand strong. God bless Rush!!!!

74 posted on 05/21/2010 4:38:09 AM PDT by Road Warrior 04 (I miss President Bush greatly! Palin in 2012! 2012 - The End Of An Error! (Oathkeeper))
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To: Myrddin

That’s what I’m looking for too - the govt. websites dont have a straight thru senate version anywhere....the CFPB seems the ultimate nanny state legislation combining big brother, price controls and prior restraint on innovation. Gasp.


75 posted on 05/21/2010 5:19:47 AM PDT by major-pelham
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To: markomalley

Why are Fannie and Freddie not mentioned in the bill, they caused the whole freekin mess. How is it those two get a pass?


76 posted on 05/21/2010 5:42:48 AM PDT by Candor7 (Obama .......yes.......is a fascist... ...He meets every diagnostic of history)
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To: DaxtonBrown
I’m already taking steps to avoid te coming confiscation of assets.>>>>>>>>>>>>>

Me too.

77 posted on 05/21/2010 5:44:51 AM PDT by Candor7 (Obama .......yes.......is a fascist... ...He meets every diagnostic of history)
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To: markomalley

Forget the mattress, just get a new tube of KY jelly.


78 posted on 05/21/2010 8:31:29 AM PDT by prairiebreeze (You never lose when you're playing with somebody else's money.)
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To: mrsixpack36
I am convinced elected office corrupts just about anyone once they get into office and start liking the power they have.

I suspect most are pre-screened for susceptibility to corruption before being allowed on the Democratic or Republican tickets.
79 posted on 05/21/2010 8:34:14 AM PDT by algernonpj (He who pays the piper . . .)
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To: EagleUSA
Remember this Maine voters. Sink the RINOs.

YES BUT, how does one get a conservative elected in LIBERAL MAINE? Kinda like California - have to settle for RINOs in order to gain control of the Congress. They won't come through for us every time, but they can be useful on issues like Obamacare.
80 posted on 05/21/2010 8:36:21 AM PDT by Cheerio (Barack Hussein 0bama=The Complete Destruction of American Capitalism)
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