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Senate Passes Sweeping Finance Overhaul
WSJ Online ^ | 7/15/2010 | VICTORIA MCGRANE And MICHAEL R. CRITTENDEN

Posted on 07/15/2010 1:05:59 PM PDT by Pontiac

WASHINGTON—The Senate approved a wide-ranging overhaul of the nation's financial regulations Thursday, handing President Barack Obama his second major domestic-policy victory of the year.

The legislation passed, 60-39, largely along party lines. Republicans Sens. Scott Brown of Massachusetts, Olympia Snowe and Susan Collins, both of Maine, joined Democrats in supporting the bill. Sen. Russ Feingold (D., Wisc.) was the only Democrat to vote against the measure.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; US: Maine; US: Massachusetts; US: Wisconsin
KEYWORDS: banking; brown; brown4obama; collins; collins4obama; finance; harryreid; maine; massachusetts; romney; romney4obama; snowe; snowe4obama; traitorbrown; traitorcollins; traitorsnowe; usualsuspects; wisconsin
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To: Pontiac

another damned union effort to kill America on the fast track

unions are mafia pure and simple


21 posted on 07/15/2010 1:57:32 PM PDT by advertising guy (FUDD FAN called me a prince, not you !)
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To: Pontiac

Obama, Brown, Collins, and Snow.

Four MORONS.

Someone tell me: does this go to conference????

God, I cannot believe these “Republicans” voted to give the government the right to INVADE AND TAKE OVER ANY BUSINESS IT DEEMS TO BE IN DANGER. THIS IS FASCISM.


22 posted on 07/15/2010 2:09:22 PM PDT by Recovering_Democrat
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To: Recovering_Democrat

They may be morons but they’re getting everything they want. My anger is at the GOP of the last 16 years.


23 posted on 07/15/2010 2:19:08 PM PDT by Terry Mross ( Democrat-Republican, whatever)
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To: Recovering_Democrat
THIS IS FASCISM.

He said the “F” word!!!!

But these days they call it social Democracy or European social Democracy

But the Europeans have figured out it doesn’t work.

Unfortunately a really bad idea dies hard especially when a lot of powerful people have built their careers and power base on that idea.

24 posted on 07/15/2010 2:27:26 PM PDT by Pontiac
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To: Pontiac
Doesn't this new piece of crap bill impose a tax on everyone that uses any banking or financial institution (supposed to raise $20 BILLION)? What - taxes on those making less than $200K? Who'd a thunk it.....

A new lie revealed every time the hussien pie hole opens.
25 posted on 07/15/2010 2:35:39 PM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Cheerio
What - taxes on those making less than $200K?

Oh it can’t be a tax. It must be a user fee.

26 posted on 07/15/2010 2:39:31 PM PDT by Pontiac
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To: TruthShallSetYouFree
Hey, Scott! I want my fifty buck donation back.

Ditto. I'm going to ask him - seriously!

27 posted on 07/15/2010 4:02:40 PM PDT by fwdude
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To: TruthShallSetYouFree

I sent an email to his Senate Office stating the same thing and to take me off his mailing and donation request lists.

My guess is he’s hied all of Ted Kennedy’s previous staff.


28 posted on 07/15/2010 4:13:18 PM PDT by maddog55 (OBAMA, Why stupid people shouldn't vote.)
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To: Pontiac

I bet the Wall Street execs are beginning to file for overseas work visas. And foreign passports.


29 posted on 07/15/2010 4:41:02 PM PDT by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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To: Pontiac

The East coast 3 stooges strike again.

Better do a lot of winning in 2010.


30 posted on 07/15/2010 4:42:54 PM PDT by dforest
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To: synbad600
We all knew Brown was a RINO. I believe Rubio is a true conservative and he needs our support in the razor thin race in FL. Rubio does NOT support amnesty in any way!.

This quote is from Rubio's issues page on his website:

“Legal immigration has been a great source of strength and prosperity for America, but I believe illegal immigration threatens the foundation of this system. If I had been in the Senate at the time, I would have opposed the McCain-Kennedy bill. I believe we must fix our immigration system by first securing the border, fixing the visa and entry process and opposing amnesty in any reform."

In Rubio's AZ statement he explicitly said he does NOT support amnesty.

I hope Congress and the Obama Administration will use the Arizona legislation not as an excuse to try and jam through amnesty legislation, but to finally act on border states’ requests for help with security and fix the things about our immigration system that can be fixed right now – securing the border, reforming the visa and entry process, and cracking down on employers who exploit illegal immigrants.

For more info see this interview: Rubio blasts federal failures as cause of AZ action on immigration where Rubio strongly states he is against amnesty.

“Now here’s my fear: my fear is that the Obama administration is going to use this as an excuse to go forward with some sort of an amnesty bill. I’ve never supported amnesty. I think amnesty would be terrible for America’s future. Quite frankly, I think amnesty is terrible for legal immigration. If you were to grant amnesty, you will never be able to have a legal immigration system that works in America.

Rubio 2010!!!

31 posted on 07/15/2010 4:45:29 PM PDT by kara2008
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To: Pontiac
pass all the bills they want it wont help.

without manufacturing there is no income source.

Buying and selling debt is not an income source.

the wall Street casino is not an income source.

A taxmaxed slave class doing service jobs is not an income source

32 posted on 07/15/2010 5:37:03 PM PDT by KTM rider ( ..........tell me this really isn't happening ! !)
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To: Pontiac

Aw stop crying, you weren’t using those freedoms anyway!

/sarc


33 posted on 07/15/2010 5:39:35 PM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: kara2008
I'll vote for him, no doubt. But just the fact that you had to defend him so proves that point that what he, and Jeb Bush, initially said about the AZ law was bone-headed and hurtful to him.

I believe that is what some, hopefully not many, will remember more than his clarifications after the fact.

34 posted on 07/15/2010 7:20:17 PM PDT by synbad600
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