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On second attempt, Senate breaks GOP-led filibuster of Wall Street reform bill. Yesterday, Senate Majority Leader Harry Reid (D-NV) attempted to invoke cloture on Sen. Chris Dodd’s (D-CT) financial regulatory reform bill. However, the attempt failed 57-42, due to a number of factors: the absence of Sen. Arlen Specter (D-PA), Sen. Scott Brown (R-MA) changing his vote, and Sens. Maria Cantwell (D-WA) and Russ Feingold (D-WI) refusing to end debate without consideration of provisions that would strengthen the bill. Today, Reid moved to invoke cloture again, and due to Specter’s arrival and Brown switching to yea, the vote succeeded, 60-40. In addition to Brown, Sens. Susan Collins (R-ME) and Olympia Snowe (R-ME) voted in favor of cloture. Cantwell and Feingold voted no, again. There will now be 30 hours of post-cloture debate, including votes on an amendment proposed by Sen. Sam Brownback (R-KS) that would exempt auto dealers from new consumer protections and an amendment proposed by Sens. Carl Levin (D-MI) and Jeff Merkley (D-OR) that would ban banks from proprietary trading.
-------------------- Wise men learn more from fools than fools from the wise. Posts: 3827 | From: beautiful California | Registered: Sep 2008
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What is it about this bill that would do REAL good and not inflated dreams?
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so. Posts: 6949 | Registered: Apr 2004
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quote:Originally posted by glassman: i dunno man, it's 1300 pages or so, i don't have time to read it
WTF!!! 1300? Another bill stuffed with pork brought to you by the Obama admin. Health care, stimulus, they dont read them...they just pass them and hope it works.
CHANGE YOU CAN BELIEVE IN! LMAO
Posts: 6949 | Registered: Apr 2004
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quote:Originally posted by glassman: i dunno man, it's 1300 pages or so, i don't have time to read it
WTF!!! 1300? Another bill stuffed with pork brought to you by the Obama admin. Health care, stimulus, they dont read them...they just pass them and hope it works.
CHANGE YOU CAN BELIEVE IN! LMAO
Moocow...what happened to Scott Brown? Didn't you rave about him previously? "Change you can believe in"! LMAO!
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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By a vote of 59-39, the Senate passed its financial regulatory reform bill yesterday. Four Republicans — Sens. Brown (MA), Grassley (IA), Collins (ME), and Snowe (ME) — voted for its passage. Two Democrats, Sens. Feingold (WI) and Cantwell (WA), voted against, saying the bill wasn’t tough enough on Wall Street.
-------------------- Wise men learn more from fools than fools from the wise. Posts: 3827 | From: beautiful California | Registered: Sep 2008
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New analysis by the Center for Public Integrity finds that “850 businesses, trade groups and other corporate interests have hired more than 3,000 lobbyists” to shape Congress’s financial regulatory reform bill. These companies and groups spent $1.3 billion through 2009 and the first quarter of 2010 to influence Congress
-------------------- Wise men learn more from fools than fools from the wise. Posts: 3827 | From: beautiful California | Registered: Sep 2008
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well cowpie you repubs got another one shoved down your throat.
Who in there right mind would try to obstruct financial reform on wall street. Unless you like going through what we just didand still are.
-------------------- Wise men learn more from fools than fools from the wise. Posts: 3827 | From: beautiful California | Registered: Sep 2008
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