TPMDC
Boehner: Wall Street Reform Should Be Repealed
House Republican Conference Chairman Mike Pence (R-IN), Minority Leader John Boehner (R-OH), and Minority Whip Eric Cantor (R-VA)
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They're not campaigning on it in earnest -- at least not yet -- but Republican leaders say that, given the power, they would like to do away with Wall Street reform much like they have already discussed repealing health care reform.
"I think it ought to be repealed," said House Minority Leader John Boehner, in response to a question from TPMDC, at his weekly press conference this morning.
One of his top lieutenants, Republican Conference Chair Mike Pence agrees. "We hope [the Senate vote] falters so we can start over," Pence told TPMDC yesterday. "I think the reason you're not hearing talk about efforts to repeal the permanent bailout authority is because the bill hasn't passed yet."
The Senate is expected to pass the final bill and send it off to the President this afternoon. But, despite Republican posturing, the President's signature isn't likely to touch off another broad GOP push for repeal. Unlike health care reform, Wall Street reform is broadly popular -- even with some in the GOP base. The problem for Republicans is that they've dug in deeply, railing against what they call a "permanent bailout bill." It stands to reason that, if the bill truly does institutionalize bailouts, Republicans would want to repeal it. But some aren't willing to say that too loudly.
After a vote this morning, TPMDC asked Lamar Alexander (R-TN), the third ranking Republican in the Senate, whether Republicans would make a concerted push to repeal the financial reform bill.
"Well, that's a good -- that's a good, that's a good question," Alexander said. "We're very disappointed with this...If we have a Congress with a majority of Republicans, and there are ways to improve it or fix it, I imagine there'll be an effort to do that."
Pence suggested much the same.
"I think that should this legislation become law, and I continue to hope earnestly that it does not, House Republicans will be determined to end this era of bailouts and dismantle the principles of too big to fail from the law," Pence said.
What elements of the law would need to be dismantled?
"There's several aspects of that, but I can break that down for you. Let's jump off that bridge when we come to it," Pence said.
"There are common sense things that we should do to plug the holes in the regulatory system that were there, and to bring more transparency to financial transactions," Boehner said. "Because transparency is like sunlight, and sunlight is the best disinfectant."
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John M
July 15, 2010 12:49 PM
What else would the current and future Minority Leader of the Republican Corporate Party in the House say after his Wall Street buddies who line his pockets get their knuckles rapped.
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DownriverDem
July 15, 2010 3:42 PM in reply to John M
Why is it white people who are not rich support repubs?
I just don't get it. Could someone please explain it to me.
They vote over and over again against their own best interests.
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skitzo
July 15, 2010 3:49 PM in reply to DownriverDem
Working people who vote republican are class traitors blinded by phony morality/religion issues and/or subconscious racism.
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worthy9
July 15, 2010 5:17 PM in reply to skitzo
That or they truly believe the big trickle-down hoax. I know a few conservatives like that. The problem with them is that they believe they're voting for their economic interests.
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toddincabo
July 15, 2010 3:52 PM in reply to DownriverDem
birth defect
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Afan
July 15, 2010 4:20 PM in reply to DownriverDem
Sadly some working class whites are afraid of diversity.
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Garrigus Carraig
July 15, 2010 5:01 PM in reply to DownriverDem
The answers, it is said, are found in Thomas Frank's "What's the Matter with Kansas?" http://bit.ly/dtFGtv
I'd read it myself, but it's probably too depressing.
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donquijoterocket
July 15, 2010 5:15 PM in reply to DownriverDem
Because they've bought the myth that if they're good little girlz and boyz, work hard and put all their teeth under the pillow they can be tax evadingly wealthy too.An acquaintance of mine used to posit that people voted Democratic because they had a heart and social conscience, and people voted Republican because they had a sense of humor at how inept Republicans are at governance. They'd be pretty good at ruling if we had a monarchy or a dictatorship of some sort ,but actually governing they're lousy. Too convinced of their own infallible rectitude,too self-centered, self-righteous, and sanctimonious.
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barrelhse
July 15, 2010 5:44 PM in reply to DownriverDem
I hear there's one born every minute.
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slb
July 15, 2010 5:53 PM in reply to DownriverDem
Probably for lots of the same reasons that so many poor white farmers supported the Confederacy.
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Captain Dan
July 15, 2010 7:46 PM in reply to DownriverDem
Correct. Anyone who is not rich and votes Republican is just stupid! They are voting against their best self interest. But under educated and under employed nuts are not intelligent enough to realize that the crazy talk show hosts, who lie for the money and not conviction, are making fools of them. Because they do not understand the bible, they let the right wing evangelists fill their heads with half truths and out right lies.
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MsMolly
July 15, 2010 4:08 PM in reply to John M
Exactly; the GOP response is boringly predictable.
Let's hope they do decide to run on repeal... it'll be a gift to Democrats.
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il128
July 16, 2010 11:38 AM in reply to John M
I wish the reform went so far as to slap wrists... It doesn't even go that far. So, who has gone to jail over the housing bubble to day? any one?
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Viva!America!
July 15, 2010 12:49 PM
Hey, I just learned that a TIME poll found 61% of Americans STILL blame bush for the economy - so yeah. LOL!!!
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Commie Dearest
July 15, 2010 2:48 PM in reply to Viva!America!
It's that 39% that bother me.
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toddincabo
July 15, 2010 3:45 PM in reply to Commie Dearest
Ain't that the truth !
My friend had some of her friends down visiting and while having a few cold ones by the campfire one of them stated that Bush was a really good Pres.
I mean, how obvious is it that these people's brains are totally dead.
Facts mean nothing to these idiots. It's not that they are misinformed or ignorant of the facts....their peas are just boiled too long.
There is absolutely no hope for these people to see what is right.
SCARY !
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Forrest
July 15, 2010 4:07 PM in reply to toddincabo
You don't know the half of it. I sat next to a guy on a plane one day that was incredibly delusional.
He was going on and on about how GWB was the greatest President ever, and that despite how much of an utter buffoon he appeared to be in public, was really very intelligent. And that GWB had such charisma that you couldn't help but be floored by it upon entering a room he was in.
Then the real crazy juice started spilling from his pie hole. Apparently 'they really did find WMDs in Iraq', but it was several years after the war had started, and GWB just said 'nah, that's ok...we don't need to make it public.'
They're brainwashed, and it's really scary that people can be so blind. It makes me afraid for the future of our species.
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toddincabo
July 15, 2010 4:12 PM in reply to Forrest
Yep ! Totally washed
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Joe
July 15, 2010 4:19 PM in reply to Forrest
My family is just as brainwashed. They worship the ground Palin walks on.
And it hurts to hear the garbage that comes out of their moths when it comes to President Obama.
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toddincabo
July 15, 2010 5:42 PM in reply to Joe
Uh Huh, my parents are the same way. I haven't brought up Politics at all in the past year for fear of the Palin factor.
It would be just too depressing.
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kevbo
July 15, 2010 4:09 PM in reply to Commie Dearest
Eh, it was like 25-30% WHILE he was driving the economy into the ditch. Another 10% or so have forgotten.
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Roma Victors
July 15, 2010 12:52 PM
These guys play with fire like it's no big deal. Reforming Wall Street was a big win for Congress in general, but they already dream of repealing it? It's becoming clearer every day who the Republican caucus really works for.
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DownriverDem
July 15, 2010 3:44 PM in reply to Roma Victors
Do you think Americans get what they are all about? I question the sanity of any working person who votes for repubs.
I just don't get it.
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toddincabo
July 15, 2010 5:45 PM in reply to DownriverDem
And unless you get a head transplant from one of these nuts...you wont.
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il128
July 16, 2010 12:05 PM in reply to toddincabo
It isn't rocket science.
1. God
2. Guns
3. Racism
4. misogynist
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agio
July 15, 2010 12:55 PM
Apparently tanning lamps work pretty well, too.
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AirBender
July 15, 2010 2:37 PM in reply to agio
I was just scrolling the comments wondering how far I could get before someone jumped on that line. Comment #4, well done!
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July 15, 2010 3:32 PM in reply to agio
Thank you. I need my daily dose of Boehner tanning salon jokes to brighten my day.
Of course the funniest Boehner moment was him crying on the floor of the House the night they passed HCR, screaming "DID YOU READ THIS BILL?!!!" He did, wrenching at the thought of a 10% tax on his next visit. Oh me.
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toddincabo
July 15, 2010 3:51 PM in reply to Fe
Right ON ! I still have that part saved on my PC and when I need a good full throttled laugh, I put that baby on a loop.....
Hell No You Haven't .......
I think I'll have a good one right now, thanks.
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July 15, 2010 3:55 PM in reply to toddincabo
It's called sunscreen, John...
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Matt Jones
July 15, 2010 12:57 PM
Wow. The Party of NO has announced what its legislative agenda will be, should it win this November: repeal EVERYTHING that was passed since Obama took office. When exactly did rabid anarchists take over the Republican party?
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EnnuiDivine
July 15, 2010 1:04 PM in reply to Matt Jones
Not to mention starting impeachment proceedings for Obama, Biden, Sotomayor, and Kagan. As long as the Repubs are living in an alternative reality, why not push the vindicitiveness to the extreme?
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Fried Chicken Lover
July 15, 2010 2:18 PM in reply to Matt Jones
They're definitely rabid. But "anarchists"?
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Forrest
July 15, 2010 4:10 PM in reply to Fried Chicken Lover
Is there a term for a group of people who refuse to recognize any method of governance that they don't agree with? I don't think 'dissident' is strong enough a term here.
They see the whole thing as completely illegitimate, despite a majority of the voting public saying otherwise over the course of 2+ years.
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Fried Chicken Lover
July 15, 2010 4:42 PM in reply to Forrest
Republicans don't recognize Democratic control of congress & the White House because they want that control for themselves. Anarchists, by definition, don't want the mechanisms of control to exist at all, seeing them as inherently corrupt & unjust.
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Matt Jones
July 15, 2010 6:00 PM in reply to Fried Chicken Lover
That's what concerns me the most about the teabaggers - they've taken the old Republican "big government is bad" line and generalized it to "ALL government is bad". Many of them truly seem to believe that the world would be great if we just switched off government entirely overnight - in other words, anarchists.
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Fried Chicken Lover
July 15, 2010 8:05 PM in reply to Matt Jones
Yet when the average right-winger is asked for detail about their "anti-government" ranting, an asterik appears: "does not include opposition to war. Or concern about civil liberties violations that fall on liberals or minorities. Or remote questioning of spending that PERSONALLY benefits ME..."
They're shallow, willfully ignorant, & largely bigoted. They don't give a fuck about the system except to the extent they foot the bill, which is much less than they bark about.
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cassady
July 15, 2010 2:41 PM in reply to Matt Jones
No, seriously, I would love it if the Republicans ran on an "Let's wipe out the last two years" platform. TThey'd effectively be saying we should go back to the end of the Bush years, and that would make it so much easier for the Democrats to campaign against them.
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traitorjoe
July 15, 2010 2:53 PM in reply to cassady
The sad thing is how many dummies in the South would fall for it. I have an unemployed realtor friend named Monica in Tennessee. Monica hates Obama because her Muslim friends told her Obama is a secret Muslim. And she hates HCR because "no one is going to force ME to buy health insurance." The Monicas of the world really believe the Republicans are protecting her.
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randomname
July 15, 2010 3:40 PM in reply to traitorjoe
I'm sure you know that it isn't *only* Southerners who feel this way. The whack jobs are (scarily) everywhere
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cassady
July 15, 2010 8:58 PM in reply to traitorjoe
Yeah, sure, but those guys were never going to vote Democrat anyway. I'm thinking about the people who might vote Republican but are not at all interested in going back to Fall 2008. The ones who might have voted for McCain in 2008 but were so disappointed in the Bush administration that they voted Democrat. Tell those people that you want to make it just like it was when they voted Democrat, and they might do it again.
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cleavet
July 15, 2010 1:01 PM
"Let's jump off that bridge when we come to it."
After you, sir!
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ericf
July 15, 2010 1:29 PM in reply to cleavet
I think Pence just explained conservative policies.
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indybend
July 15, 2010 1:46 PM in reply to cleavet
One can only hope.
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eclecticbrotha
July 15, 2010 1:58 PM in reply to cleavet
Yeah, that was awfully generous of Pence wasn't it?
The guy is not known for his intelligence.
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condew
July 15, 2010 2:11 PM in reply to cleavet
"There's several aspects of that, but I can break that down for you ..."
In other words, he hasn't read it.
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AirBender
July 15, 2010 2:40 PM in reply to cleavet
More like, "let's line up the people with whom we disagree and push them off the bridge when we come to it." You can bet that on your way down Pence will still be standing on the bridge.
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Lucieann
July 15, 2010 1:04 PM
What would expect from the Party of NO? They have no ideas of their own~
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mamesyr
July 15, 2010 1:09 PM
Did he lose his script? I didn't notice the phrase "jobs killing" in there anywhere.
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It's Pat
July 15, 2010 1:14 PM
It must be wonderful to be Boehner and the GOP. To go to work everyday and not have to do shit but complain and memorize Luntz provided talking points must be a breeze.
If the Republicans take back the House, I almost hope the Democrats do the exact same thing that the GOP is doing now. It won't solve shit for us, but it might be nice to see the tables turned.
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FawkesFOX
July 15, 2010 2:15 PM in reply to It's Pat
I just saw this in CQToday: "Speaker Nancy Pelosi insisted Thursday that simmering political discord between some House Democrats and the White House won't derail the party's agenda for the rest of this year. But Republican Leader John A. Boehner scoffed, saying that Congress has been largely paralyzed for months."
So, Boehner's complaining about Congress being paralyzed and at the same time bragging about how his party has been successful at paralyzing it. With material like this, the DNC/DCCC/DSCC should have about a hundred ads in the can already to release between now and November.
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karenc13
July 15, 2010 2:18 PM in reply to It's Pat
Boehner is still mad about the tanning tax.
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tdispatch07
July 15, 2010 3:28 PM in reply to karenc13
Boehner's mantra: "I am for repealing shade from the sun."
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Commie Dearest
July 15, 2010 2:51 PM in reply to It's Pat
The Democrats didn't do the same thing when the tables were turned before and won't if they are again. There are too damn many principled politicians in the party. I'm not saying they all are, but there are too many for them to stick 100% to any given strategy the way the Republicans do.
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It's Pat
July 15, 2010 6:06 PM in reply to Commie Dearest
I agree with your assessment. I think Democrats want to work and the only interest the GOP has is to obstruct.
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rbeats
July 15, 2010 1:14 PM
You repealed like the orange coat of skin on your face should be feakoid?
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Sniffit
July 15, 2010 1:16 PM
God I love that stock photo...Cantor beaming at Boehner in the background like a manwife who would felch a mouthfull of santorum if it meant his hubby's happiness...
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mamesyr
July 15, 2010 1:19 PM in reply to Sniffit
If it were an eighties movie, Cantor would be played by James Spader.
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matyra
July 15, 2010 1:36 PM in reply to Sniffit
Are those two ever apart? I'm curious.
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pastol
July 15, 2010 1:47 PM in reply to matyra
Cantor is gum on Boehner's shoe. Really dirty gum. I love the answer Pence spits when asked a question that requires a small amount of intellect to answer: "There's several aspects of that, but I can break that down for you. Let's jump off that bridge when we come to it." Well MC Pence, BREAK IT DOWN! Go ahead, knock my socks off, say something slick.
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Riesz Fischer
July 15, 2010 3:25 PM in reply to pastol
"Let's jump off that bridge when we come to it."
I think it's supposed to be "let's cross that bridge when we come to it" but if Mike Pence wants to jump off a bridge, far be it from me to discourage him. In fact I would probably cheer him on.
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Powkat
July 15, 2010 4:42 PM in reply to matyra
Cantor and DeMint are ambitious little worms - they stick to Boner because they want his job.
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slb
July 15, 2010 6:16 PM in reply to Powkat
DeMint is in the Senate. I don't think there are too many Senators who take leadership positions in the House.
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Sniffit
July 15, 2010 1:44 PM in reply to Sniffit
Not sure...altho I've always had my suspicions that Boenher's arm isn't buried elbow deep in Cantor's ass just because Cantor is his puppet.
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thomas1
July 15, 2010 2:31 PM in reply to Sniffit
what's with the pink ties? are these guys so-shall-ists?
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GeneralRipper
July 15, 2010 3:19 PM in reply to thomas1
I think they're some kind of deviated preverts.
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biff diggerence
July 15, 2010 1:16 PM
Hey, Sunkist Face:
You are the Minority Party.
STFU and deal with it.
Aren't you due on a tee somewhere?
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skitzo
July 15, 2010 3:54 PM in reply to biff diggerence
More accurately due in a cocktail lounge.
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jonez
July 15, 2010 1:37 PM
It doesn't really matter what Obama is for, you can just rest assured the Repukes will be against it. But all of this negativism will come back to bite them, big time, cause that's how the universe works.
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ejg3
July 15, 2010 1:43 PM
Boehner is a man with a tan and either no plan or a plan of no.
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tomasyn
July 15, 2010 1:44 PM
My god, it's like trying to save the world with a couple of whiny toddlers clinging to your leg.
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Sniffit
July 15, 2010 1:47 PM in reply to tomasyn
whiny flesh-eating demogogue toddlers...
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clemenceau
July 15, 2010 2:27 PM in reply to tomasyn
And in one case, a quite gin soaked tosspot of a toddler at that.
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MyMy
July 15, 2010 1:46 PM
The death agony of this party is not a pretty sight.
The instant denial of reality, however, also typified it at the height of its power.
Either way, reality eventually bites.
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LiberalRedneck
July 15, 2010 1:46 PM
Why does Cantor always look like he is undressing Boehner with his eyes?
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davcbr
July 15, 2010 2:28 PM in reply to LiberalRedneck
When I was growing up Boehner rhymed with Hoehner as in you never pull a Boener with you Hoehner! Cantor has a thing for Boehners
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thomas1
July 15, 2010 2:33 PM in reply to davcbr
not that there's anything wrong with that.
it would be foolish not to speculate.
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Keith Frohreich
July 15, 2010 1:47 PM
Here is what Republicans are campaigning on:
Leave the economy alone.
Leave BP alone.
Leave Wall Street alone.
Leave healthcare alone (the way it was before reform)
Leave mega-corporations alone.
Leave the rich alone.
Leave the global warming deniers alone.
Leave Sarah Palin alone.
Leave the Tea Party.
And in so doing we can return to those halcyon days of 2001-2008. Or is it the 1950s?
If the Democrats can't run and win against that they deserve to lose.
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Matt Jones
July 15, 2010 2:45 PM in reply to Keith Frohreich
More like 1850s, you mean.
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Commie Dearest
July 15, 2010 2:54 PM in reply to Matt Jones
They actually want a return to the Middle Ages and rule by an aristocracy, the locked-in rich who can collect all the wealth and pass it down to their heirs in perpetuity.
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hologram5
July 15, 2010 2:58 PM in reply to Matt Jones
At least in the 1850's we still had a corp charter law in place where if a corp violated ANYTHING, they lost the charter and had to move...
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Redshift
July 15, 2010 4:14 PM in reply to hologram5
The McKinley Administration of 1890s is the era they idolize (Rove particularly.) Incredibly corrupt, openly acting for the benefit of their corporate patrons, provoking wars to grab territory and gain political advantage, you name it. That's what they consider the golden age of politics.
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slb
July 15, 2010 6:20 PM in reply to Matt Jones
Nah. The Republicans were a principled party in the 1850s.
The 1870s, maybe, by which time they had become thoroughly corrupt.
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Commie Dearest
July 15, 2010 2:55 PM in reply to Keith Frohreich
I'd like to see a YouTube video like that "Leave Britney Alone!" guy, but instead "Leave BP Alone!"
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Silence
July 15, 2010 3:05 PM in reply to Keith Frohreich
How about:
Leave our internet alone....our medical decisions..our property...our businesses...our jobs....our energy....our kids....our religion...our lives and liberty?
Leave it all alone, you commie freaks.
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ADad
July 15, 2010 3:23 PM in reply to Silence
And the New Black Panther Party. Leave them alone, too.
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Silence
July 15, 2010 3:51 PM in reply to ADad
As long as the Black Panthers don't threaten or harm anyone, leave them alone to their racist hatred.
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July 15, 2010 3:58 PM in reply to Silence
Silence:
LEAVE US ALONE!!!
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ADad
July 15, 2010 5:12 PM in reply to Silence
No, I disagree. I don't think racism should be left alone. It is a social evil that should be confronted and corrected with reason.
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Silence
July 15, 2010 6:52 PM in reply to ADad
Opinions, thoughts.
The thoughts of others, no matter how distasteful to you, are not yours to control.
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ADad
July 15, 2010 7:29 PM in reply to Silence
There's a massive difference between control and influence. There are legitimate ways to influence the thoughts of others that may be distasteful to me, and which can result in a change in their thinking made of their own free will.
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sangsue
July 15, 2010 7:31 PM in reply to Silence
You want the government out of your life?
No Social Security for you.
No FEMA for you.
No streets for you, go back to the dirt road.
No plumbing for you, enjoy outhouses.
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Silence
July 15, 2010 9:57 PM in reply to sangsue
You want the government out of your life?
No Social Security for you. *** Don't need it ***
No FEMA for you.*** Thank God ***
No streets for you, go back to the dirt road. *** I prefer dirt roads ***
No plumbing for you, enjoy outhouses. *** I have a septic system and well. ***
Anything else?
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ADad
July 16, 2010 10:14 AM in reply to Silence
In my experience, folks like you are always the first to holler for help when glibness isn't enough to deal with an emergency. I hope you're at least grateful to the government for when Al Gore invented the internet.
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sangsue
July 23, 2010 3:08 AM in reply to ADad
For your information ADad, you know nothing about me. I've got a degenerative illness that would easily qualify me for Disability.
I still work. I work remotely now because I can't walk a lot anymore but I still work an 8 hour day and then some. I know there are always people worse off than I am and that is why I plan to work as long as I can.
I'd rather die than depend on anyone but I recognize that not everyone feels that way. I was raised to never accept charity.
Finally I'm very resourceful. I'm lucky enough to work near NIH so there are always clincial tests going on. I've been a guinea pig when I can't afford my drugs that easily run $1,500 a pop but without them, I would be crippled. I know, I know, I should be shot as a freeloader for not wanting myself to be crippled but as long as I can be a productive citizen, I will be.
You, on the other hand, find nothing better to do than assume what "people like me" do. Well people like you would rather let people die than take the chance that someone too dark for you gets any healthcare. In fact, you'd probably be the one running over the illegal immigrant in the road.
Any other assumptions?
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il128
July 16, 2010 12:32 PM in reply to Silence
I'll loan you a million dollars and you only have to pay me back $10,000 a month until it's all paid back at 0.1% interest. (Five miles of small print.)
Deal?
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slove
July 15, 2010 9:34 PM in reply to Silence
3 people -REALLY-get a grip and stop watchinf fox noise
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ADad
July 15, 2010 1:48 PM
Pence, a practicing moron, in response to the question: What elements of the law would need to be dismantled?
"There's several aspects of that, but I can break that down for you. Let's jump off that bridge when we come to it".
Yes! By all means! Will you and your fellow Republican nitwits please do the human race a favor and jump off that bridge when you come to it!
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go2goal
July 15, 2010 1:48 PM
Judging from his ludicrous words (pure sour grapes) and his alcohol induced tan, I think John Boehner needs a designated driver today....does the congress have a drop a dime program for Boehner? Never mind: Cantor and his smurk are there to help Boehner find the door.....because he too is useless at anything except saying "NO".
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conniptionfit
July 15, 2010 1:49 PM
No Change, No Hope, No Jobs, No Votes.
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Dave
July 15, 2010 1:49 PM
They never stop giving the Dems quotes for November. The Dems need to play montage after montage of their most famous hits over the last 2 years come October and they'll be finished.
See: http://www.economyinperspective.com
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Dave
July 15, 2010 4:53 PM in reply to Dave
I mean the Republicans will be finished by their quotes of course.
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johnnydoughey
July 15, 2010 1:54 PM
" Let's jump off that bridge when we come to it," Pence said."
Yes.. perhaps the one you funded for Stevens...
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slb
July 15, 2010 6:23 PM in reply to johnnydoughey
+1
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July 15, 2010 2:00 PM
Boy oh boy they sure show their true colors....Green for Greed!
Doesn't it bother anyone that they can be this blatent about what side they are on....doesn't it worry everyone that Citizens United is Corporate America and what they are going to do to our elections?
The GOP must be pretty confident that even if they show they still are on the side of WALL STREET they don't care about us and we can't do anything about it? WOW....people need to vote these A-holes out and big business!
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davewtf
July 15, 2010 2:05 PM
My question is this, is this financial reform bill any good in the first place? Does Boehner have a point? My understanding is that the bill is extremely weak, and won't do much. Hell, Tea Party favorite (and now, sadly, my senator) Scott Brown made them take out the provision that would have made the financial institutions more responsible and more liable for bad actions/advice.
IS THIS BILL ANY GOOD?
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chameleon
July 15, 2010 2:08 PM in reply to davewtf
You are buying in to the hype. Is it perfect? No. Is it as good as we would have liked it? No. I'd say it's a good start. That how politics is done. No one ever gets a perfect bill.
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zonk
July 15, 2010 2:56 PM in reply to davewtf
Yes, it is.
Not only is it rather good, it actually got stronger as the process went (beyond a small hiccup at the end).
Is it a grand slam?
No - but I have yet to see the first piece of legislation, as it existed when originally passed, that is/was.
It's definitely a bases clearing double.
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Captain Crunch
July 15, 2010 5:26 PM in reply to davewtf
It's better than what we had the last 3 months of 2008 and up til now!
Could it better, stronger...sure. But it's a HUGE improvement over the absence of Glass-Steagal!
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AK Dude
July 15, 2010 2:05 PM
This worries me, actually. If they can pretend they are standing against "perpetual bailouts", Americans are in trouble. Democrats are the ones against "too big to fail." "Small Government" means "Big Business." "Deregulation" means "too big to fail."
If the coward Democrats allow Republicans to pretend to occupy the anti-Wall Street position, the facts themselves won't matter.
The media does not call out lies anymore. So who will?
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Homer
July 15, 2010 2:07 PM
What amazes me is what some of the Repubots post on other sites. IT is truly as if they live in a different reality. Kind of like those Star Trek episodes where there was an alternate universe and the crew were evil and Kirk and Spock had Van Dyke beards and looked menacing.
I'm from Ohio and I'm embarassed that Boehner (BONER) is also.
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Riyaz Guerra
July 15, 2010 2:11 PM
John Boehner, the best shill Corporate money can buy.
Really, will there ever be a shameless guy as this?
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Dorn76
July 15, 2010 2:13 PM
Shame on the Democratic Party if they can't make hay out of this.
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CityGuy
July 15, 2010 2:21 PM in reply to Dorn76
Agree emphatically! I want to see those liberal/progressive attack ads ASAP! (Note to Robin Carnahan in MO: Blunt is running feel-good ads about himself and his salt-of-the-earth upbringing. Don't do a John Kerry and take all summer off!!)
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Riyaz Guerra
July 15, 2010 2:25 PM in reply to Dorn76
lol
I think what ultimately will deafen the general population's ability to even consider the long term benefit of financial reform are the unemployment numbers and general state of the economy come November.
I'm not disagreeing with you about its significance. I'm just a cynical bastard who recognizes the power of a corporate-funded bullhorn relentlessly telling them its not in 'everyman's' best interest.
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thomas1
July 15, 2010 2:15 PM
"There's several aspects of that, but I can break that down for you. Let's jump off that bridge when we come to it," Pence said.
As usual, he's talking out of his a$$. The nob polishers of the DC press needs to push for specifics.
Holy FSM, I'm becoming delusional.
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cwnidog
July 15, 2010 2:20 PM
So, Mikey, you'd be OK with breaking up anything too big to fail then? No? Didn't think so.
I do believe that they want to start with a clean sheet of paper. Unfortunately they also plan on leaving it that way.
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clemenceau
July 15, 2010 2:22 PM
You can say one thing, the Republicans have their story and are sticking to it. I guess when you know that after 8 years of peace and prosperity 50 million Americans still voted for Shrub, you can roll that way.
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il128
July 16, 2010 12:46 PM in reply to clemenceau
Democrats learned nothing from the elections of 1998 and 2000, nothing.
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Matt Jones
July 15, 2010 2:28 PM
Does this mean Boner and his buddies will finally release who was on Cheney's "energy task force"? Of course not...
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sagesource
July 15, 2010 2:51 PM
It must be a better law than I thought if they're willing to go out on a limb and openly call for its repeal.
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Munguza
July 15, 2010 3:11 PM
Hey, Lamar, why not jump off that bridge now?
Pretty please???
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Informed Citizen
July 15, 2010 3:14 PM
Wow - and I thought the Republican'ts could be more out of touch. No instead of just being obstructionists i.e., the party of NO - they're trying to become the party of Reverse.
They must REALLY hate Obama - 'cause they're willing to do anything to deny him credit for fixing some of the problems he inherited . NO they want to wreck the country again just to make a point?!?!?!
These guys must be on some serious psychotropics - cause they have lost their freakin minds.
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booch221
July 15, 2010 3:22 PM
If this is what "obstruction" looks like, I want more of it!
Against Republican obstruction, the White House and Democrats in Congress have passed the largest recovery act in history, the largest increase in student aid since the GI Bill, the most significant health care reform since Medicare, the greatest expansion of community service since Civilian Conservation Corps in the 1930s, the biggest investment in renewable energy ever. This week the Congress will pass, again, over virtually unified Republican opposition, the largest reform of finance since the 1930s.
Robert L. Borosage
http://www.huffingtonpost.com
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dustbunny44
July 15, 2010 3:55 PM
They promise to:
repeal health care
repeal financial reform
repeal what little stimulus we gave
return to the GWB days of 750,000 jobs lost per month
Give another $800 billion bailout to wall street
Lower taxes for those making > $500,000 per year
End Social Security and give Wall St. the balance remaining
My god, that's an agenda any opportunistic con artist can enthusiastically get behind.
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spamonwry
July 15, 2010 4:47 PM
The conservative and ultra-right-wing scream machine has convinced millions of mainstream (mainly white middle and working-class wage workers) moderates to vote against their own interests. For twelve years (1995-2007) the Republicans passed mountains of legislation which helped the richest 1% of Americans, eased restrictions and regulations on corporations, and did nothing for the lower 60% of the populace. But the Scream Machine uses every means, including Fundie Christian rhetoric to convince middle America of their righteous cause, while all the while destroying the middle class, and sending decent-paying jobs overseas. The American worker is gradually being reduced to jobs at McDonalds and Wal-Mart.
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slove
July 15, 2010 9:28 PM
if the republicans get their way , we will have a deficit of 4.5 trillion $. they are willing to deny the out of work people their unemployment benefits(which they paid for)and are willing to give a tax break to .01 percent of the american people who have A BILLION ESTATE to care for-what the f**k- thank g*d chaney has government run healthcare-how disconnected are they!
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