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Am I the only one here who thinks the Repubs will cave on financial reform?

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nevergiveup Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 09:14 AM
Original message
Am I the only one here who thinks the Repubs will cave on financial reform?
I believe the two Maine senators, Brown from Mass and possibly even what's his face from Iowa who is going to have a tough re-election bid and possibly others will in the end be voting for the bill. I also predict a couple of them will be standing behind Obama when he signs the bill. I don't think Obama is going to give much on this bill and the Republicans are going to have to swallow their pride but swallow they will, this time. Am I being too optimistic?
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Captain Hilts Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 09:14 AM
Response to Original message
1. No. I agree. nt
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 09:16 AM
Response to Original message
2. Collins is meeting with Geithner this afternoon.....
... so I dont know about "cave" and I doubt she'll be standing behind the President .... but yeah ... I expect Susan Collins (at least) to vote for the bill.
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WonderGrunion Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 09:52 AM
Response to Original message
3. The Republics are starting to get used to nice large slices
of FAIL pie being served up to them by Pres. Obama and the Democratic party. By this time next year, they will be rolling over to us on a regular basis.
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HughMoran Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 10:03 AM
Response to Original message
4. How can they not cave?
I'm not even sure what hand they're dealing here, besides the "we're against everything that n_____ proposes". I'm not sure how the obstructionist approach is going to work for them in this case - especially listening to the animosity of the right-wing trolls to the bank bailouts that they weren't against when Bush implemented them - lol.
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Proud Liberal Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 10:37 AM
Response to Reply #4
5. They're trying to pretend that its the Dems whom are in Wall Street's pockets
Edited on Mon Apr-19-10 10:38 AM by Proud Liberal Dem
not them. How that is going to work over the long term remains to be seen. They were at a loss to explain their recent meetings with Wall Street and campaign contributions from them. They are fixated on this idea that the reform bill allows for perpetual bank bailouts like TARP (although, as I understand it, it is actually a fund that BANKS would pay into to be used if they would need to be propped up in the future) and so they are using that as a club to beat the Democrats over the head with and try to tie them to Wall Street. Obama was apparently willing to concede that portion of the bill but the Republicans still said "no" and are now insisting, as they did during the HCR debate, that everybody start all over again with another "clean sheet of paper". :eyes:
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HughMoran Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 10:44 AM
Response to Reply #5
6. "a fund that BANKS would pay into to be used if they would need to be propped up in the future"
AKA - an INSURANCE POLICY

Republicans are so fucking stupid that they are going to mess up a really good provision in the proposal to score political points. Motherfucking morons!
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Proud Liberal Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 11:21 AM
Response to Reply #6
8. Yes
Hugh Morans!!!! :hi:
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 11:12 AM
Response to Reply #5
7. I hope President Obama calls them out on that meeting
when he speaks on reforms on Thursday.

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Proud Liberal Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 11:25 AM
Response to Reply #7
9. Me too
although I'm sure he will. I don't get why some people think he's weak because so far he's been pretty damned aggressive towards the Repubs from what I've been seeing of him.
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applegrove Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 10:34 PM
Response to Reply #4
11. Depends if the teabaggers and the base accept the line that Obama's financial
reform will give more bailouts to the financial industry...which is a bald face lie. If they accept it like they accepted "death panels" most of the GOP may stay obstructionist.
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HughMoran Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 08:14 AM
Response to Reply #11
13. Except this lie has the Democrats hopping mad and saying so
Besides, Obama and Geithner have already stated that the $50B self-funded insurance policy is not a deal breaker for them, though I get the feeling that the Dems in the Senate want to shove it down the Republican's throats for bald-faced LYING about it.
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ProgressOnTheMove Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 11:29 AM
Response to Original message
10. They likely will when they get exposed for playing games, again. "I love banks" isn't their best ...
Edited on Mon Apr-19-10 11:30 AM by ProgressOnTheMove
campaign slogan.
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backscatter712 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 11:46 PM
Response to Original message
12. All Obama has to do is keep telling the truth, keep the heat on the GOP.
Mitch McConnell is really looking like an asshole right now because of his flagrant lying about financial reform and his connections to Wall Street. There's only so much of that they can take before they cave.

And if all else fails, the financial reform bill can be turned into an amendment and attached to some other must-pass bill.
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high density Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 08:34 AM
Response to Original message
14. Collins has pledged to filibuster the bill as it is
Snowe has said the bill needs to be more bipartisan, whatever that means. Basically these two are repeating the same thing they did with healthcare reform.
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GoCubsGo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 02:29 PM
Response to Reply #14
27. It boggles the mind that they're getting away with this shit again.
One would think that opposing financial reform would be political suicide. Yet, here we are. Again. When you have the mainstream media carrying your water for you, and a population that generally lacks critical thinking skills, you can get away with just about anything, apparently.
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JNelson6563 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 09:46 AM
Response to Original message
15. Maybe.
I think it will be very hard to explain not doing so. Especially those from bluer states.

Julie
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HCE1947 Donating Member (23 posts) Send PM | Profile | Ignore Tue Apr-20-10 11:30 AM
Response to Original message
16. Play hardball
The only way that the Dems are going to win this is by tying the Repubs to the dastardly Wall Street bankers. They have to run ads against the Repubs and hope that the public will join them.

As for the senators from Maine and even Brown, they will stay with their buddies since that is the only strategy that they have. They have nothing else in their playbook.
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Arkana Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 12:07 PM
Response to Original message
17. Scott Brown campaigned AGAINST financial reform.
He has spent the last few days talking about how he will not support any bill concerning financial reform because as far as he's concerned things are JUST fine the way they are.

Why everyone thinks Scott Brown is some sort of moderate who will actually take principled stands as opposed to a Jim DeMint in sheep's clothing is beyond me. He's two-faced scum and if you let him fool you he will--over and over.
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karynnj Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 12:32 PM
Response to Reply #17
20. Not to mention he was completely an idiot on this bill on Face the Nation
Edited on Tue Apr-20-10 12:32 PM by karynnj
where he spoke of tens of thousands of jobs that it would cost in MA. Even Scheiffer, who was willing to give him a platform that few Senators get in their first year, pushed back on. http://www.google.com/search?q=Scott%20Brown&oe=utf-8&rls=org.mozilla:en-US:official&client=firefox-a&um=1&ie=UTF-8&tbo=u&tbs=nws:1&sa=N&hl=en&tab=wn#

The Boston Globe really covered that very thoroughly - which was good because they had been giving him better coverage than he deserved. http://www.boston.com/news/nation/washington/articles/2010/04/20/democrats_hit_brown_over_job_loss_estimates/

But, there was another slip he made that appears to have gone unnoticed. He speaks of chairing an Armed Services sub-committee hearing the day before the Palin rally in Boston. Here it is 8 and 1/2 minutes in. The Chair was actually Lieberman. No Republican chairs anything on Armed Services - and if they controlled the Senate - he might be too junior to chair a sub-committee. (This also fits a pattern where he sometimes seems to thing he is more than a Senator. )
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 01:29 PM
Response to Reply #20
23. Not the brightest bulb on the block is he?
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karynnj Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 01:43 PM
Response to Reply #23
24. I don't think so
After all he went to good colleges, Tufts and Boston College (for Law school), so you would think that he would be able to speak in reasonably clear sentences and seem to have some coherent view of the topic, but in everything I've seen he has gone off tangent - speaking of jobs in Afghanistan(??) and left me with no idea of what he thought on the main issue.

I also don't think many Senators confuse sitting on a committee and chairing it.
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 01:59 PM
Response to Reply #24
25. He does not have knowledge of the Senate...I think he just wanted the attention and fame.
His daughter is another attention-seeker. Lovely family.
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AlinPA Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 12:11 PM
Response to Original message
18. I think they will act the same as they did on health care reform. All of them will say No. nt
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karynnj Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 12:20 PM
Response to Original message
19. I think that some might
In addition to the ones that you mentioned, Corker has said that the differences he has could be resolved quickly. I don't know about Brown. He is trying to play to two audiences - ignoring that they are incompatible. He has stood behind the idiotic comments on the tens of thousands job losses this bill will create, even when his supposed source said that was a bad (somehow doubled) estimate of jobs lost by the company since the market crashed.

My guess is that they will push some change - and no matter how insignificant, say they fixed it.
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DrToast Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 12:40 PM
Response to Original message
21. Sure doesn't look like they're caving. Looks like we're getting our asses kicked again
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mkultra Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 01:12 PM
Response to Original message
22. I hope they dont. It will be their waterloo
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southernyankeebelle Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 02:13 PM
Response to Original message
26. They will cave.
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