Monday, April 26th. Republicans joined hand in hand and said NO to a simple request, start debate on the Financial Reform bill on the Senate floor.
Tuesday, April 27th, Republicans joined hand in hand and said NO to a simple request, start debate on the Financial Reform bill on the Senate floor.
Wednesday, April 28th, Republicans joined hand in hand and said NO to a simple request, start debate on the Financial Reform bill on the Senate floor.
But wait! Correction!
Wednesday April 28th, Republicans changed their minds. They have decided to say “YES” to start debating the Financial Reform bill on the Senate floor. But why?
The called themselves the party of “NO.” They’ve actually bragged on the fact that they have been against all of the policies of the Obama Administration thus far, and have taken their label a step further, calling themselves the party of “Hell NO.”
So seeing their performance on Monday, Tuesday and early Wednesday, it was understandable that this group of nimwits were sticking to their record, saying NO to every bill the democrats draft. Then something happened.
Politics. The republicans realized that although causing this president to fight for every piece of policy he intended to bring into law, this particular legislation was more detrimental to republicans if they continued fighting and saying NO. Financial Reform, a bill originally penned by Sen Chris Dodd, has too many positive measures for consumer protection from Wall Street. The bill also calls for ending too big to fail and among other things, provide stricter regulations on derivatives.
Was this something the republicans really wanted to fight? They realized that everyday they said no to protecting consumers, was a day they were saying yes to the way Wall Street helped to bring our economy down. They realized that America was watching and listening to them say no to main street, and yes to Wall Street and these republicans saw the November elections. Stopping debate on this bill was not going to play good for them in the November elections, so politics won and republicans decided to allow democrats to bring the bill to the Senate floor.
Now that the debate can start, watch for another republican game to be played, trying to water down the bill with all sorts of unnecessary amendments.
- Republicans block, reject, derail … (dailykos.com)
- GOP to Dems: No vote for you (washingtonmonthly.com)
- Big Ben Nelson tolls for Wall Street | Richard Adams (guardian.co.uk)