Posted on 07/15/2010 11:36:12 AM PDT by Recovering_Democrat
So Republicans Scott Brown, Olympia Snowe and Susan Collins now say they'll provide the last crucial votes to get the Dodd-Frank financial reform through the Senate. Hmmm. Could this be Minority Leader Mitch McConnell's secret plan to take back the Senate, guaranteeing another year or two of regulatory and lending uncertainty and thus slower economic growth?
Probably not, but that still may be the practical effect. This week White House aides leaked to the press that President Obama may seek a review of regulations that are restraining business confidence and bank lending. Yet Dodd-Frank, with its 2,300 pages, will unleash the biggest wave of new federal financial rule-making in three generations. Whatever else this will do, it will not make lending cheaper or credit more readily available.
(Excerpt) Read more at online.wsj.com ...
I am literally sick to my stomach, folks. I have a sinking pit in my soul that saddens me to think that some of our "leaders" are Esaus--selling a pathetic bowl of pottage for an entire nation's birthright.
Hell is sure to follow: don't they SEE that a bureaucracy so empowered is going to target political ENEMIES???
“2,300 bill” = 2,300 page bill
2,300 pages? It will pass. Looks like only 100 pages short of the health care bill (2400), and haven’t even gotten to the additional 1000 pages of amendments tacked on at 3am Saturday morning before the vote while people aren’t paying attention.
The chances of a bill passing in this Congress is directly proportional to the amount of pages in the bill.
So the larger the bill, the more chances of passing.
You are so right. And everyone knew Scott Brown was a fox in sheep’s clothing. He isn’t a rabid wolf, but he IS a fox just the same. Coy and untrustworthy.
Scott Brown = Brown-noser RINO loser.
Did anyone really except a conservative to come from MA?
He got bought. Feingold got to vote no in exchange.
I guess the “government” can take over any person or business. They have already eliminated politically incorrect Chrysler dealers as of a couple of years ago.
The Consumer Financial Protection places ALL US citizens under the Fed Reserves discretion of total control by placing the Bureau of COnsumer Financial Protection completely WITHIN the Federal Reserve. We are all globalized now down to every minor credit card transaction.
An old American business model in our history was the corporate industry, with its own town and supply story and housing...everyones’ cost of living exceeded their wages, and no one ever got out of debt...TN Ernie Ford used to sing about it with the tune Sixteen Tons (and what do you get?). THe bagging up of 308 million people and their complete personal and small business financial lives and placing it entirely, including monitoring, enforcing, and manipulation and adjustment of financial behavior completely within the province of the Fed Reserve via its “Bureau” with 10 selected policy consultants, smacks of a globalized company store model. WE have just been handed over, lock, stock and barrel by this Congressional abdication of representation to the mercies of the Federal Reserve and its international goals.
Let’s face it. Scott Brown is a crypto progressive and he put one over on the voters.
America is finished! Those that dream that November would change things are a little loose in the brain. We could have the Senate and House and nothing can stop our newly formed communists government.
Nice work, Mitchie the Kid! Three republican party phonies sold out on an extremely important bit of legislation. Did you try to keep them in line? Did you even speak to any of them? Did you threaten them in any way? Loss of committee assignments, loss of campaign funds? Or were you too busy hiding under your desk as usual??!!!
One of the big goals of communism is to put all the means of production (businesses) under the control of the collectivity (government). Today’s democrats are just carrying out the steps necessary to move this country into communism, while using fancy words to conceal their true motives.
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