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Date Posted: 09:53:23 06/04/10 Fri
Author: Paul Davis
Subject: Re: Depressing but doubtless true.
In reply to: Jeffman 's message, "Re: Depressing but doubtless true." on 12:27:15 06/03/10 Thu


Unfortunate but true. There are a few who are getting major surprises in the primaries though, and they aren't going to succeed at indy runs either. The gravy train is coming to a halt.

>Im not surprised. They are all politicians and they
>play by the rules of back room deals. Thats both
>parties!
>
>Jeff
>
>> >>href="http://www.rollingstone.com/politics/news/;kw=%5
>B
>>36899,157778%5D?RS_show_page=0">http://www.rollingston
>e
>>.com/politics/news/;kw=%5B36899,157778%5D?RS_show_page
>=
>>0
>>
>>On May 18th, as the clock ran out on the deadline to
>>file amendments, reform-minded Democrats staged a
>>concerted push to close the loopholes. But when Sen.
>>Maria Cantwell of Washington offered a proposal to
>>eliminate the "Trojan Horse" sham, Reid tried to slam
>>the door on her and everyone else working to
>>strengthen reform. The majority leader called for a
>>vote to end debate – a move that would squelch any
>>remaining amendments. This extraordinary decision to
>>cut off discussion of our one, best shot at revamping
>>the rules of modern American finance was made, at
>>least in part, to enable senators to get home for
>>Memorial Day weekend.
>>
>>But then something truly unexpected took place.
>>Cantwell revolted, joined by Sen. Russ Feingold of
>>Wisconsin. That left Reid in the perverse position of
>>having to convince three Republicans to come over to
>>his side to silence a member of his own party. On May
>>20th, Reid got the votes he needed to kill the debate.
>>A few hours later, the Senate passed the bill,
>>loopholes and all, by a vote of 59-39.
>>
>>In a heartwarming demonstration of the Senate's truly
>>bipartisan support for Wall Street, Sen. Sam Brownback
>>– a Republican from Kansas – stepped in to help
>>Democrats kill one of the bill's most vital reforms.
>>At the last minute, Brownback mysteriously withdrew
>>his amendment to exempt auto dealers from regulation
>>by the CFPB – a maneuver that prevented the
>>Merkley-Levin ban on speculative trading, which was
>>attached to Brownback's amendment, from even being
>>voted on. That was good news for car buyers, but bad
>>news for the global economy. Senators may enjoy
>>scolding Goldman Sachs in public hearings, but when it
>>comes time to vote, they'll pick Wall Street over
>>Detroit every time.

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