Posted on 07/01/2010 11:38:33 AM PDT by EBH
Wed Jun 30, 7:28 pm ET WASHINGTON, June 30 – WASHINGTON, June 30 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi spoke on the House floor in support of the conference report of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which passed the House this evening by a vote of 237 to 192. The legislation now goes to the Senate, which is expected to approve it soon and send it to President Obama for his signature into law. Below are the Speaker's remarks. "As I listen to the debate here, I can't help but remember, and I have vivid memory of it, a couple of years ago, almost two years ago, September 18th, a Thursday afternoon. We were gathered in our office and had just seen the week and a half preceding, a week and a half to two weeks preceding that day, some unusual events that related to Lehman Brothers, Merrill Lynch and then AIG and the Fed bailout of AIG. I called the Secretary of the Treasury and said:
(Excerpt) Read more at news.yahoo.com ...
Any reforms on Fannie Mae?
Pray for America
Let’s see... the Soviet Union collapsed in 1989, 21 years ago; that’s just about “a generation.”
and dodd says you need to pass it to see if it will work....
If that was true they would have just repealed all of Phil Grams bought and paid for financial laws.
We The People this November are going to pass the toughest financial reform and boot you jackasses out of Congress!
This is no record of financial reform legislation that ever solved the next crisis. More laws; more regs; more govvie employees makes this all into a bigger and better dog's meal.
After all, the SEC let Bernie Madoff get away with murder for years(and they had complaints but didn't do anything); and top paid SEC employees spent much of their time surfing the internet for porn instead of enforcing the laws and regs of the US with regard to securities fraud.
Only a myopic meathead like Mrs. Pelosi would think that this new financial “reform” will have any effect on riding herd on crooks.
It is Washington DC bull durham that we will pay for, and it won't work.
God save us from such simps.
Dodd a crooked old thief that got sweetheart loans, and is so bad he decided not to even run next year and Barney Fag, an old queer that ran a male prostitution ring out of his basement , and screwed up Fannie and Freddie to a fair thee well. This is what Pelosi thinks can come up with a good finance bill to control Wall street.
We have one screwed up Government running us folks,. It has to change or we are done for.
I am nearly dumbstruck by the idiocy of this legislation.
This is like instructing a drunk that, if he wants to sober up, he should drink more.
OMG.
Hey, Fan Fran Nan,
The most corrupt, irresponsible, derelict, incorrigible, and inept group of people work in the Capitol every day. Yes, I do mean Congress. How can such an inept group think they can pass such great laws to reign in others? As you are wont to preach from the Bible, Jesus said you should first take the log out of your own eye. And what a log it is.
http://richter2010.com - getting common sense back into government
Hey Nancy.... you and the rats are deliberately killing Wall Street and capitalism and we the people know it.
I’m confused, I thought this bill had to go back to conference 2 days ago cause Sen Scott Brown objected to something in the bill. Are you saying this bill has already been back through the conference and is already passed the House?
Also, without Sen Byrd, Dems need 2 Repub votes to break a filibuster. Who do they have besides Scott Brown?
Fascism is here. :)
I dumped a buttload of stocks earlier this week when I heard this was going to probably be passed by early next week. I’ll wait and buy them back in a few days after the sell off following Obummers signature on the law.
Oh, that's rich. What's next, the Al Capone Memorial Banking Security Act
I have fallen down the rabbit hole and this is a wickedly clever joke, right? These guys should be in prison and they are naming bills after them. Give up folks, we have went round the bend.
Who is going to protect us from Franks the Queer and Dodd the crook?
I do believe that is the case. It passed the house late yesterday...
I did some research before posting this and the media is pretty darn quiet about it.
Financial reform bill passes House, 237-192
Vote is split along partisan lines, with just three Republicans voting in favor and 19 Democrats against. The Senate is expected to take up the bill in mid-July.
The changes were made to address concerns by three Senate Republicans whose votes are needed for passage — Scott Brown of Massachusetts and Susan Collins and Olympia J. Snowe of Maine.
http://www.latimes.com/business/la-fi-financial-reform-20100701,0,1844246.story
RINOs are not harmless republican seat warmers. Remember that come November.
There. Fixed it.
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