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Subscribe to RSS“Lawmakers finalizing Wall Street overhaul legislation are set this week to take up the hardest issues remaining in the 2,000-page bill,” The Hill writes. “The 43-member House-Senate conference committee last week worked through some differences between the two chambers’ bills, but lawmakers put off several of the toughest issues. They will focus closely on new consumer protection regulations and new powers over the $600-trillion market for financial derivatives.”
Per the AP, “Democrats say they have enough votes to end the Senate’s longstanding and much-criticized practice of allowing the use of anonymous holds to block nominations.”
Roll Call reports on Sen. John Kerry’s efforts to get energy legislation passed: “Kerry was only half-joking about being a broken record when it comes to climate change legislation. His office estimates that over the past year he has had 292 meetings and phone calls with more than 50 Senators, including hourlong talks with 44 Democrats and eight Republicans. The problem for Kerry is all that work may be for naught if he can’t persuade a handful of Republicans and as many as 10 to 15 fellow Democrats to take a leap of faith on the issue.”
Kagan filibuster on the table? “Senate Minority Leader Mitch McConnell said Sunday that it was ‘premature’ to predict whether Republicans would filibuster the confirmation of Supreme Court nominee Elena Kagan,” Roll Call writes.
That’s the sound of conservative heads exploding: “A new government report may help restore ACORN’s tarnished reputation but its release comes as the group is preparing to shutter its doors,” The Hill reports. “The preliminary findings of a Government Accountability Office (GAO) investigation indicate the controversial grass-roots organization did not misuse the more than $40 million in taxpayer funds it received between 2005-2009.”
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As always the repugnant ones try to protect the Wall Street Criminal Big Bankers instead of we the people. As always the dopes of nope will try to throw a monkey wrench into getting financial reform passed as they have to earn their keep from their lobbyist masters. I hope that we get the meaningful financial reform we need, not some watered down conservative garbage like we got with health care reform.
It wouldn't be a surprise if the repugnant ones filibuster Elena Kagan's nomination as all they ever do is whine about everything nonsensical and block meaningful legislation that would help fix and prevent the problems they caused when they were in power giving away the store to all their crooked business pals.
I certainly hope that the Democrats learned a lesson in not allowing Fox and Freaks and the repugnant ones to force them to premature judgment of entities like ACORN ever again. As we found out the fake pimp made a fake video which he spliced together and Fox and Freaks ran with that Great Right Lie without ever caring to fact check the dubious source. Let's hope that ACORN can make like the Phoenix and rise again to give dopes of nope heartburn about elections.
Eric,
Good points. The repugs will block, no doubt about it. I saw an article over the weekend that McChuckles said the filibuster option is in play.
When will we hear from our republicans about "too big to fail" Wall-Street?
Come on!...It's just like Obama getting a foreign oil company that destroyed our environment to pay $20 billion dollars? We didn't even get a say in the matter before it was shoved down our throats!
Let me be the 2nd republican to apologize to BP. When the British CEO gets back from his Yacht racing with the AIG Chairman Harvey Gulab, there's going to be hell to pay!
The Republicans will fight consumer protections tooth and nail. Fillabuster the Kagen nomination if you wish but remember people are watching. We see the will of the people being held up by the Republicans. We see the just say no attitude of the Republicans. We see the obstructionism being employed by the far right. There will be consequences.
If Wall Street companies are allowd to run Amok that is okay with the GOP. If banks or oil companies take advantage of the average American just to get an enormous profit that is okay with the GOP. If we have a small very wealthy class and an enormous poor class with very few in between that is okay with the GOP. If America is like a 3rd world country that would be okay with the GOP too so long as they and those they support are in that filthy rich minority.