Re: Democrats Kill RePIG Attempt To Leave Consumers Unprotected

On 5/6/2010 7:18 PM, duckstandard wrote:
>
>
> First Post wrote:
>> On Thu, 6 May 2010 17:50:22 -0400, “Tat” wrote:
>>
>>>
>>> “Beam Me Up Scotty”
>>> wrote in message news:4BE32A00.2070001 @&*$?%blackhole.Talk-n-Dog.com…
>>>> On 5/6/2010 4:35 PM, H&*$?%e wrote:
>>>>>
>>>>> http://dyn.politico.com/printstory.cfm?uuid=6EE76F84-18FE-70B2-A819F3192B4DD96F
>>>>>
>>>>> May 6, 2010
>>>>>
>>>>> GOP Wall St. proposal voted down
>>>>>
>>>>> By: Carrie Budoff Brown
>>>>>
>>>>>
>>>>> A Republican plan to substitute its own version of a new consumer
>>>>> protection agency into the Wall Street reform bill was voted down
>>>>> Thursday, with two Republicans joining all 59 Democrats to stop the
>>>>> GOP effort.
>>>>>
>>>>> The bill was voted down 38-61, with Republicans Chuck Grassley of Iowa
>>>>> and Olympia Snowe of Maine siding with the Democrats.
>>>>>
>>>>> A day after the Senate embraced several amendments with broad
>>>>> bipartisanship, the chamber shifted into a combative posture Thursday
>>>>> as Republicans and Democrats traded charges over which party is
>>>>> looking out for consumers? interests.
>>>>>
>>>>> Democrats have proposed an independent consumer bureau within the
>>>>> Federal Reserve to write and enforce regulations on consumer financial
>>>>> products. It would be funded by taxpayers.
>>>>>
>>>>> The Republican plan would have created an agency within the Federal
>>>>> Deposit Insurance Corp. to write and supervise consumer laws for
>>>>> banks, mortgage providers and other nonbank firms ?only if they have a
>>>>> pattern and practice of violating consumer laws,? said Sen. Richard
>>>>> Shelby (R-Ala.), an author of the plan.
>>>>>
>>>>> Under the plan, the FDIC would need to sign off on the consumer rules,
>>>>> and funding for the division would come from fees assessed on
>>>>> nonbanks.
>>>>>
>>>>> Unlike the Democratic plan, Republicans would maintain federal
>>>>> pre-emption of state consumer protection laws, which would prevent the
>>>>> financial industry from having to beat back proposals in 50 different
>>>>> states.
>>>>>
>>>>> President Barack Obama took the rare step Thursday of weighing in on
>>>>> the Republican amendment to the Wall Street reform bill, issuing a
>>>>> statement slamming the GOP proposal on consumer protections as ?worse
>>>>> than the status quo.?
>>>>>
>>>>> Obama stopped short of pledging to veto a bill with weakened consumer
>>>>> protection provisions, but he tiptoed up to the line:
>>>>>
>>>>> ?I will not allow amendments like this one written by Wall Street?s
>>>>> lobbyists to pass for reform.?
>>>>>
>>>>> ___________________________________________
>>>>>
>>>>> Thanks, Mr. President
>>>>>
>>>>> Harry
>>>>
>>>>
>>>> Slowly but surely huh Harry? Only 1000 point slide in that stock market
>>>> of that great economy.
>>>>
>>>>
>>>> You didn’t post on how great thing are going….. under Obama.
>>>
>>> Still 3000 higher than when shrub handed over the economy. Or, are you
>>> bragging shrub lost 7,000 to Obama’s 1000. In that case, I guess you win by
>>> shrub loses more.
>>
>> The economy is virtually stagnant.
>> Unemployment is still in the double digits.
>> Obama has had the reins for almost a year and a half.
>> The stock market closed today at a a drop of over 300 points.
>> You trying to support your cause by yelling “yeah but Bush” does
>> nothing to discount the direction the nation continues to go.
>> It only shows that you only have bad to bad to compare.
>> No amount of your spin will help the situation. It only helps to show
>> what a politically partisaned sheep you are.
>> And that you need to change your nym again in order to try to keep
>> from being kill filed.
>
> The Democrats are working in good failth to fix the problems, left by
> ‘REPUBLICANS’
>
> As Obama has said, pick up a broom and help or get out of the way.
> What was that MCCAIN said, we wont work with the Democrats for the
> rest of the year
>
> you people are totally worthless to the country

You are the ones that want to create a Socialist America, I like the
Capitalist America we have had for over 200 years and I lived in for
over 50….

You are the worthless people that want to runaway from our working
Nation to have us all become experimental, intellectual elitist,
Socialist Utopian, environmentally safe, carbon neutral, Unicorn ranchers.

Democrats create more problems than they fix.