Tuesday, April 27, 2010

The Message is Clear

No...and that's about it. The GOP blocks Financial reform cloture vote again.


The motion to reconsider beginning debate on financial reform failed in a vote of 57 to 41.

It hasn't even passed go and they are blocking like Dikembe. This does send a clear message the Republicans loves them some Wall St. Wall St. is toats awesome to Republicans. They practically share beds.

Meanwhile, the new disingenuous argument from the Minority Leader John Boehner is that there is "credibility gap in Washington." Sounds about right, but Boehner goes on, "Democrats are saying one thing and doing something else."

Steve Benen with the takedown:

For one thing, for Republicans to talk about a credibility gap is to lead with their chin. We're talking about a party claims to care about fiscal responsibility, but added $5 trillion to the debt. They claim to be experts on national security, but they bungled two wars and saw 9/11 and other attacks happen on their watch. They claim to know how to use tax policy to grow the economy, but their economic policies produced ruin. They claim to have credible proposals on everything from health care to energy, but their plans quickly fall apart after minimal scrutiny. They claim to hate last year's recovery package, but keep taking credit for stimulus projects they don't believe should even exist. They claim to support reforms of how Wall Street operates, but they won't even allow for a debate on the Senate floor, and seem to be trading obstructionism for campaign cash.

If Republicans really want Americans to consider which party is lacking in credibility, no serious analysis would work in the GOP's favor.

For another, while Democrats are hardly above reproach, questioning their trustworthiness seems like an odd area for criticism. For better or worse, Dems have governed as they said they'd govern. They've fought for the ideas and proposals they said they'd fight for.

Benen goes on to explain the Dems have been pretty much on their word despite not being nearly as progressive as one would like starting with stimulus package, to health care reform, to climate change and now financial reform with immigration reform to follow. The Dems are doing what they said they would, but don't tell that to Boehner it might you know hurt his credibility "argument." And if I were Boehner I wouldn't be so quick to question anyone's credibility.

The obviously bias Wall St. Journal:

Republicans are stepping up their campaign to win donations from Wall Street, trying to capitalize on an increasing sense of regret among executives at big financial institutions for backing Democrats in 2008.

In discussions with Wall Street executives, Republicans are striving to make the case that they are banks' best hope of preventing President Barack Obama and congressional Democrats from cracking down on Wall Street.

Like I said the Republicans love them some Wall St.

I am Frank Chow and I approved this message.

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