All 41 Senate Republicans Oppose Financial Reform Bill, Say Will Lead To 'Endless Taxpayer Bailouts'

Ok, now the dems publish a letter pointing out the fact that this letter is blatantly false and another repuke lie, among many lies. Point out in detail how the repukes want to protect too big to fail banks and that the bank bailout was done by the king and his goldman sachs cronies to save goldman sachs from going under.

Detailed factual letter showing how this letter is a lie and have every dem senator sign off on it. No cooperation, then will continue with massive enforcement effort. Double the budget for the sec and the anti-trust division of the justice department and shut these criminals down. Lock em up.

All Republicans are signed on to the debunked Luntz rhetoric.

Thankfully, the Dems aren't buying their bullshit this time.

He encourages a bipartisan approach? Correct me if I'm wrong, but isn't this the bill that the Republicans didn't offer a single amendment on in committee?

From what I've ascertained, Dodd's bill is more of an outline of what to do when the proverbial shit hits the fan and seemed to focus less on preventing it. Am I wrong?

I can see why the Tea Partiers don't want any part of the GOP. These guys are just following the Big Banks' orders. No bill, but they're already saying they oppose it. Good work GOPers!

Yesterday, Corker said that the taxpayers weren't on the hook, that the big banks "self-insured" against failure...now today we get a letter signed by him repeating the line he denied yesterday

typical GOP lying....

Is good ol' Mitch ever going to come out of the closet?

it does not contain an explicit threat to use the Senate rules to block debate on the bill

Then it's not really much of a threat, is it?

In fact it's probably useful. Raise money off of this. Shame the Republicans. Decry how sad it is that the Republicans have decided they're against the bill before the debate even begins.

It's clear this is all about the politics:

"Wall Street-backed senator can’t explain why he opposes financial reform, asks reporter what’s wrong with it"

http://rawstory.com/rs/2010/0416/gop-senator-explain-opposes-financial-reform/

C'mon D's...break up the "too big to fail financial institutions" it is what the R's are saying they want. I keep on hearing from Obama about the importance of bipartisanship. Here is your chance...break up the too big to fail corporations, the R's are for it and it is the only way to ensure they never have to be bailed out again.

McConnell is such a snake...

Now, let's all hope the MSM does its job on this. I've had MSNBC on for a few hours now and this is the first I've heard of it. So there ya' go.

Maybe Ed. Maybe Keith. Maybe Rachel.

Odd, isn't it, that it's not a foregone conclusion?

There has been no better time than now for progressives to finally cut through the BS and expose the Republican/conservative machine for what it really is; A bunch of Harold Hills conning conservative dupes for the corporate elite.

Thank-you McConnell, as you just made the November Elections a lot easier for the Democratic Party!!!

This is going to be a no brainer to present to the American Public as to who you have in your back pocket!

Memo to Tea Party: Have you noticed how the Republicans are protecting the Wall Street fat cats?

Now, let's all hope the MSM does its job on this. I've had MSNBC on for a few hours now and this is the first I've heard of it. So there ya' go.

Mr. McConnell surely isn’t sincere; while pretending to oppose bank bailouts, he’s actually doing the bankers’ bidding.

http://www.nytimes.com/2010/04/16/opinion/16krugman.html?ref=opinion

GOP hearts Wall St.

There is your Democratic campaign ad theme for the rest of the year, if the Dems have the brains and brawn to follow through with this kind of thing.

Perfect. The Party Of Wall Street in unison.

The Republicans are very deeply discredited now. I don't quite see how this is a winning strategy for them, unless it's only about shaking down Wall St donors for as much money as they can individually before their ship sinks out of sight...

What a surprise. When push comes to shove, as it always does with the Republicans, the Lobster twins of Snowe and Collins always cave to their party leaders and vote as their pressured to.

This is just what the Republicans are very good at - negative messaging. They get behind something outrageous and repeat it ad nauseum, go on Fox News or other networks, the former of which just parrots their lines, and the latter who never bother to question them. The Dems as usual are busy trotting out arcane legal provisions and rebuttal points in the hope that our ADD-addled populace is paying attention.

The Democrats have to frame this simply as "The Republicans are protecting the Wall Street Fat Cats" and repeat it 1000 times a day on every media outlet across the nation. Short, Simple and Repeatitive!

Heaven forbid government force crooks like Goldman Sachs to behave. Teabaggers are incredibly stupid and gullible and their Republican overlords are straight out of a Dickens' novel.

There is a simple solution to this issue. But it's so simple, the Dems can't figure out how to apply it.

The solution? Make the GOP Senators point out precisely where in this proposed legislation it says 'endless bailouts' or any words that come close to it.

MAKE THEM SHOW US.

Waiting for the "grassroots" Tea Party to start echoing these latest Republican talking points.

Waiting for the "grassroots" Tea Party to start echoing these latest Republican talking points.

Translated in "Teabonics" of course.

in a rare moment of actual journalism, CNN actually made a very important distinction about the FinReg plan while they had McConnell bitching about it from a TV screen

they noted that the bailouts that McConnell says will be institutionalized won't actually be funded by taxpayers, but will instead come from a fund which the banks will have to donate to...

so lets get this straight: McConnell is against taxpayer bailouts which aren't part of the bill...check; but ALSO against allowing banks to bail themselves out...which is part of the bill...check; and AT THE SAME TIME he provides no plan to counter the FinReg bill crafted by the dems with help from repubs in congress...check

giant douche