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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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Time to get a new mattress
1 posted on 05/20/2010 6:41:26 PM PDT by markomalley
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To: markomalley
Time to get a new mattress

Me thinks it won't help with this one.

2 posted on 05/20/2010 6:42:31 PM PDT by EGPWS (Trust in God, question everyone else)
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To: markomalley

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.

::::::::

Remember this Maine voters. Sink the RINOs.


3 posted on 05/20/2010 6:43:20 PM PDT by EagleUSA
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To: markomalley
They successfully courted Republican Sens. Olympia J. Snowe and Susan Collins, both of Maine,...

Yeah, the cabinet members, the speaker and the Senate leader all must be exhausted after that courting. /s

4 posted on 05/20/2010 6:44:47 PM PDT by EGPWS (Trust in God, question everyone else)
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To: markomalley
GOP members railed about the fact that Dodd's bill would not address the problems at government-backed mortgage giants Fannie Mae and Freddie Mac
5 posted on 05/20/2010 6:46:13 PM PDT by plain talk
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To: EGPWS

A drunk slut during spring break is harder to get than those two.


6 posted on 05/20/2010 6:46:32 PM PDT by VanDeKoik (Iran doesnt have a 2nd admendment. Ya s ee how that turned out?)
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To: VanDeKoik
A drunk slut during spring break is harder to get than those two.

And a greater catch.

7 posted on 05/20/2010 6:47:53 PM PDT by EGPWS (Trust in God, question everyone else)
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To: markomalley

Looks like employment will be up over at the IRS again.


8 posted on 05/20/2010 6:49:49 PM PDT by P.O.E. ("Danger is My Beer" - Rev. Dr. Fred Lane)
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To: markomalley

Credit, for those who work, will be very hard to get now.


9 posted on 05/20/2010 6:50:27 PM PDT by DBrow
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To: markomalley

Gold and silver, and a shotgun to protect it.


10 posted on 05/20/2010 6:50:27 PM PDT by vox_freedom (America is being tested as never before in its history. May God help us.)
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To: EGPWS

A drunk slut during spring break is harder to get than those two.

And a greater catch.

And more faithful.

11 posted on 05/20/2010 6:51:02 PM PDT by Erik Latranyi (Too many conservatives urge retreat when the war of politics doesn't go their way.)
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To: markomalley
There is NOTHING more sickening than the fact that Dodd and Frank spear-headed this bill.

Isn't there ANYONE in the country who can take down these snakes?

12 posted on 05/20/2010 6:52:49 PM PDT by Siena Dreaming
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To: markomalley
Only 1500 pages? Are you sure they missed anything? What else is hidden in this bill?


13 posted on 05/20/2010 6:53:01 PM PDT by magooey (then - NO JUSTICE! NO PEACE!, now - NO DATA! NO WARMING!)
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To: markomalley

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


14 posted on 05/20/2010 6:55:34 PM PDT by tobyhill
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To: markomalley
Sen. Blanche Lincoln (D-Ark.), chairman of the Senate agriculture committee, proposed dramatic restrictions on trading in derivatives, including a provision that could force big banks to spin off the lucrative business altogether. Her language was added to Dodd's bill and endured, despite efforts by the administration, regulators, lobbyists and Dodd himself to temper it.

I'm about ready to take the red pill and endure what I may encounter.

Anywhere where personal freedom has a chance.

15 posted on 05/20/2010 6:55:55 PM PDT by EGPWS (Trust in God, question everyone else)
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To: markomalley

Just another notch in the retake of America. We didn’t expect less. They’re dealing with Americans, they’re not dealing with Europeans. We won’t be ruled. So all this stuff is their doing, is going to be useless. First, it’s unconstitutional, second, it’s unprecedented. But third, we thrive on liberty. You government types, yeah, pass a law, and we’ll abide by it if it’s constitutional Sorry, we won the English.

None of this matters. LOL I’d like to see you manage me. And thousands of me’s. Come get me. Come on, send the storm troopers. Get a life, I’m not abiding by your rules, my kids won’t and their kid’s wont. Get a CLUE! We’re done with you. I fart in your direction.


16 posted on 05/20/2010 6:56:25 PM PDT by Indy Pendance (You can not socialize an American)
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To: magooey

That Obama can shut down ANY BUSINESS he deems necessary. With NO OVERSIGHT by the SCOTUS.

Checks and balances??? Zero don’t need no stinkin’ checks and balances!

The RINOs who signed onto this should be ashamed!


17 posted on 05/20/2010 6:56:55 PM PDT by originalbuckeye
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To: All

Paging Scott Brown....Paging Scott Brown.

Hmmmmm, who endorsed this guy? Hmmmmmmm.


18 posted on 05/20/2010 6:57:36 PM PDT by ak267
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To: Siena Dreaming
Isn't there ANYONE in the country who can take down these snakes?

We are to the point it appears that only the venom of another snake can take them down.

19 posted on 05/20/2010 6:58:09 PM PDT by EGPWS (Trust in God, question everyone else)
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Image Hosted by ImageShack.us
20 posted on 05/20/2010 6:59:21 PM PDT by vox_freedom (America is being tested as never before in its history. May God help us.)
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To: tobyhill
Stop donating to the GOP until they finally purge these RINOs.

I will pay for a program that will guarantee to auto delete the GOP "give me" emails.

21 posted on 05/20/2010 7:00:46 PM PDT by EGPWS (Trust in God, question everyone else)
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To: tobyhill
A "Scott Brown Republican" turns out basically to be a Democrat. The way things have turned out with this clown Brown, I'd rather have had Coakley being an idiot for 6 years in a Senate that isn't filibuster proof.
22 posted on 05/20/2010 7:01:35 PM PDT by Carling (Remember November)
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To: markomalley

FLUSH THE BROWN.

It sure didn’t take that clown long to show is real colors.


23 posted on 05/20/2010 7:03:55 PM PDT by Gator113 (I do not want Obama just IMPEACHED... I want him IMPRISONED. Are we there yet? 2010-2012)
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To: Carling

He is a deal maker..just had to listen to him.


24 posted on 05/20/2010 7:04:37 PM PDT by Irisshlass
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To: Siena Dreaming

Yes, Americans will prevail. Don’t get into the mode your congressman or senator is the end all. WE THE PEOPLE GIVE POWER TO THE GOVERNMENT. We are just taking it back our country. It’s beyond time we take back our government, our education and our country. We have to fight! WE HAVE TO FIGHT!!!!!!!!!!!!!!!!!

This is our country, We’re not the world’s country dumping ground for the deviants.


25 posted on 05/20/2010 7:05:42 PM PDT by Indy Pendance (You can not socialize an American)
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To: markomalley

We have no one to represent us.


26 posted on 05/20/2010 7:05:59 PM PDT by TribalPrincess2U (demonicRATS... taxes, pain and slow death. Is this what you want?)
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To: Irisshlass
I was on this guy from the night he elected. I was criticized at length by delusional FReepers who thought this Democrat was “presidential material”.

I stand proud knowing I didn't compromise my conservative morals by be fooled by, or even misrepresenting this classic RINO.

27 posted on 05/20/2010 7:06:28 PM PDT by Carling (Remember November)
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To: Indy Pendance

[I’d like to see you manage me. And thousands of me’s. ]

I’m already taking steps to avoid te coming confiscation of assets.


28 posted on 05/20/2010 7:07:09 PM PDT by DaxtonBrown (HARRY: Money Mob & Influence (Expose on Reid on amazon.com written by me!))
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To: TribalPrincess2U

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.


29 posted on 05/20/2010 7:07:28 PM PDT by Carling (Remember November)
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To: markomalley

The DOW dropped 376 points and change (3%) on this news today. Of course they WANT you to think it dropped due to the Euro-debt. *SMIRK*

Alcoa and BANK OF AMERICA dropped sharply.

Another 500K jobs lost this past WEEK, NO manufacturing orders (Alcoa) and people are defaulting on mortgages left and right (BOA).

Things are just PEACHY!


30 posted on 05/20/2010 7:07:47 PM PDT by Diana in Wisconsin (Save the Earth. It's the only planet with Chocolate.)
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To: Gator113

Money hungry, power hungry elitist plus.
They’re all alike.


31 posted on 05/20/2010 7:08:25 PM PDT by TribalPrincess2U (demonicRATS... taxes, pain and slow death. Is this what you want?)
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To: DaxtonBrown

Do we need to talk to lawyers?

I’m in the dark as what to do.

I hate to lose any assets we’ve worked and saved for.


32 posted on 05/20/2010 7:10:35 PM PDT by TribalPrincess2U (demonicRATS... taxes, pain and slow death. Is this what you want?)
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To: TribalPrincess2U

Indeed, and it’s such a shame.


33 posted on 05/20/2010 7:12:23 PM PDT by Gator113 (I do not want Obama just IMPEACHED... I want him IMPRISONED. Are we there yet? 2010-2012)
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To: Gator113

It’s more then a shame.

We’re getting shafted and not by accident.
That’s what really pizzes me off.


34 posted on 05/20/2010 7:16:45 PM PDT by TribalPrincess2U (demonicRATS... taxes, pain and slow death. Is this what you want?)
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To: markomalley

OK Let’s all watch our savings go up in smoke tomorrow. Yippee! Then we will all be on the dole...but there isn’t any dole left.


35 posted on 05/20/2010 7:17:47 PM PDT by Shady (The Fairness Doctrine is ANYTHING but fair!!!!)
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To: DaxtonBrown

I was so worried, I was so stressed. Now, I’m just preparing. F all of the Dems. I will survive. I don’t need gov at any level. These bureaucrats need to come to terms with the fact that their job is dispensable. WE DON’T NEED YOU. And AMERICA WILL WIN!!!!

I’m prepping, so are most of my fellow patriots. Gov, take a hike. We don’t need you, and you’re out of here.


36 posted on 05/20/2010 7:18:59 PM PDT by Indy Pendance (gone Galt)
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To: TribalPrincess2U

It is just going to be a pretty bad situation for a minimum of five years and likely ten or more. The country is bankrupt, the only thing supporting the dollar is the collapse of the Euro. There’s plenty of things you can do though. Get rid of debt. Downsize expenditures. Buy a little gold. Start a Victory garden if you have a little land (I just did and the numbers aren’t all that bad). I have some classic cars that are indefinitely reparable and keep their value. Cut viciously now and you will be okay.


37 posted on 05/20/2010 7:19:18 PM PDT by DaxtonBrown (HARRY: Money Mob & Influence (Expose on Reid on amazon.com written by me!))
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To: fanfan
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.

Please help us, friendly northern neighbor. Annex Maine!!!
38 posted on 05/20/2010 7:20:10 PM PDT by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
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To: Diana in Wisconsin

I know first hand that things are going to hades faster than you think. Tomorrow is going to be interesting to say the least. Get ready.


39 posted on 05/20/2010 7:21:17 PM PDT by Shady (The Fairness Doctrine is ANYTHING but fair!!!!)
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To: DaxtonBrown

That will come. We’ll just go underground. People will use whatever means.


40 posted on 05/20/2010 7:21:59 PM PDT by Indy Pendance (gone Galt)
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To: Diana in Wisconsin

The dow dropped because of the management of the US dollar. THey can lay all the excuses on all the countries, but we know the real reason. Democrats, liberals, socialism.

Have you noticed, freedom is never mentioned by obama. We all knew it. He’s pushing commie. It’s a FACT!


41 posted on 05/20/2010 7:25:47 PM PDT by Indy Pendance (gone Galt)
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To: Siena Dreaming

Isn’t there ANYONE in the country who can take down these snakes?
______________
I doubt it. Have alternative plans just in case.


42 posted on 05/20/2010 7:27:33 PM PDT by mojitojoe (banking institutions are more dangerous to our liberties than standing armies. Thomas Jefferson)
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To: markomalley
Thought this thread could use a laugh...over on Drudge now:




OBAMA DOESN'T TAKE QUESTIONS FROM THE RAT, EITHER


43 posted on 05/20/2010 7:30:04 PM PDT by Miss Didi ("After all...tomorrow is another day." Scarlett O'Hara, Gone with the Wind)
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To: Indy Pendance

Great post! We need more Americans like you. A++++


44 posted on 05/20/2010 7:36:50 PM PDT by july4thfreedomfoundation (I'm voting for Sarah Palin because she pisses off the right people.)
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To: markomalley
far-reaching financial rules

Is far-reaching the new term for "unconstitutional", "illegal", "socialist" and/or "power grabbing"?

45 posted on 05/20/2010 7:37:21 PM PDT by workerbee (Yes, I hate Obama because of his color: RED!)
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To: markomalley

46 posted on 05/20/2010 7:37:49 PM PDT by GalaxieFiveHundred
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To: DaxtonBrown
I’m already taking steps to avoid te coming confiscation of assets.

And what would those steps be? I'm curious since I might want to do the same.

47 posted on 05/20/2010 7:37:52 PM PDT by OldPossum
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To: bamahead

I live in Maine, and I don’t want to be part of frickin’ Canada!

I hate curling! For what it’s worth, I hate Snowe and Collins, too.


48 posted on 05/20/2010 7:44:05 PM PDT by july4thfreedomfoundation (I'm voting for Sarah Palin because she pisses off the right people.)
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To: july4thfreedomfoundation

>I live in Maine, and I don’t want to be part of frickin’ Canada!
***
Think you’ve got it bad?? I’m from canada! I escaped socialism and ended up in Marxism that makes my old country look like Reaganland.


49 posted on 05/20/2010 7:50:58 PM PDT by max americana
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To: markomalley

And yesterday it was reported that it didn’t pass. These people........REPUBLICANS and communists alike need to be put in front of a firing squad. I’m sorry..but justice MUST be done and lifetime prison sentences IS NOT justice. These people have screwed us and do not have to live by what they relegate to us ‘common folk’ (although we pay the bill). Our beloved Nation is sinking quickly and diplomacy is DEAD.

On a side note, this evening, while going to the store I was behind a ‘hybrid’ prius (sp) with an Obama/Biden sticker in the rear window and I became unglued, honking my horn and well making gestures and mouthing words that I shouldn’t even know...God help me because honestly, even being female, if the SOB would have gotten out of his vehicle, I would have knocked him in the head (I carry a black jack for self defense). WHAT IS THE MATTER WITH PEOPLE? I don’t get it...Honest to God...I don’t understand.


50 posted on 05/20/2010 7:51:54 PM PDT by Outlaw Woman (Control the American people? Herding cats would be easier.)
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