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Senate Democrats say they'll keep calling, over and over, for a vote to debate financial reform until Republicans give up their filibuster.
On Tuesday night, Rachel Maddow asked Sen. Sherrod Brown (D-OH) when this standoff will end. Sen. Brown:
Well, it ends when some number of Republicans just get too embarrassed. There's an old saying, "Don't tell me what you believe, tell me what you do. And I think that there is a number of Republicans that just can't keep doing this when they're on the ballot in 2010 or maybe when they're in the ballot in 2012. And they know that they can do all the showiness they want in committee and they can talk tough at home, but, in the end, they protect their Wall Street friends, they protect their big bank Wall Street buddies.
And eventually, we're going to do this day after day. We're probably, tomorrow night, going to stay all night and just continue to do this until we break some of them free.
The first GOP senator to leave the fold might be Brown's colleague, Sen. George Voinovich (R-OH). Yesterday, he was waiting for talks between Sen. Richard Shelby (R-AL) and Sen. Chris Dodd (D-CT) to play out. Voinovich tells Talking Points Memo he won't wait forever.
We'll just get it out there and move on with it....I think you'll see a whole bunch of other people come to the table and say "let's get on with it."





no ethical diff bet degenerate gamblers in vegas or wall st.
Now I understand what GOP stands for -- Goldman Owned Party.
I find this very ironic & funny given that Goldman Sachs gave millions more to Democrats' campaigns than to Republicans' campaigns.
Please check out this email I got from a conservative friend that is always trying to sway me to the right. This one has me concerned.... thanks, Rachel. I appreciate you so much!
Not true.
http://www.snopes.com/politics/business/captrade.asp
Keep up the obstructionism on this one, repubs. Every second you do, you prove that Wall Street is far more important to you than Main Street. Do you think your new BFFs, the Tea Party, will be happy about this? Do you think that voters will support you on this? Polls show that two-thirds of Americans want financial reform, and yet you have the gall to say that you want to even prevent debate on this bill. The rhetoric you use about wanting to "improve the bill" is a transparent lie, especially when you dash off for campaign fundraisers on Wall Street, mere hours before you head back to DC to continue your filibuster.
My question to you is: even though businesses and financial institutions prove over and over again that without sufficient regulation (and penalties for those who do not comply with the regulation), they will run amok and do things like fix prices, lie on balance sheets, insider trade, and (more recently) create investment instruments that are designed to fail, then sell them to the public who buys them under the impression that they will increase in value, but they inevitably fail, and the issuing institutions rake in huge profits because the whole time they had hedged their risks by betting that the investment instruments would fail, when failing is EXACTLY what they were designed to do in the first place, the ultimate result of this whole circle jerk is the collapse of the global economy,
and even though businesses like the west virginia mining company that was responsible for the 30 lives that were lost in the recent mine explosion will just look at regulation and laugh in its face because the benefits for ignoring regulations GREATLY outweigh the penalties,
The question is why won't conservatives acknowledge that it's DETRIMENTAL to the economy to pursue a lasseiz-faire style of capitalism, where businesses are allowed to do whatever they see fit, and the ultimate loser is the american taxpayer, because we ultimately pay for the unemployed victims of this "capitalistic system" while those who benefit from it are paying less than income tax rates on their billion-dollar profits (capital gains taxes), even though their way of thinking has proven over and over again that it will just lead to future collapses of the economy?
Also, why is it a BAD thing for businesses to actually benefit the people of a country? Why do conservatives place this huge line between doing business and caring about the american people? Does it really have to be one way or the other, like they say?
Miss Kathy: I got that same e-mail. The links given were to other echo-chamber websites. Snopes eventually debunked it but too many people have been taken in...one of those lies that, repeated enough, begins to sound true.
The videoclip above, of the blank-eyed GS exec getting worked over by the Senatorial committee made me wonder if ANY of that privileged ilk learned ANYTHING from the debacle. They're still hitting the wrong notes and sounding as though they come from a different species than we do. If Stephen Hawking is correct and the et's arrive any time soon to eat us up, I vote we give them Goldman-Sachs.
Sorry, didn't scroll down far enough to see you had already responded to Kathy.
Go Sherrod go!! I dig my upright Sen so very much, and am so psyched he keeps coming on your show, Rachel, saying the straight up word. he rocks. and so do you, btw -- my *most* favorite non-comedic voice out on the airwaves today (i do gotta save a little love for Jon Stewart and Colbert, of course -- not to mention Keith!).
I'm looking forward to the Repubs fully caving on this soon, and us seeing *much* quicker movement than we ever did on healthcare, because I believe the Pres and Congress started *off* wrong on that, playing too soft, not realizing you *have* to play hardball with these folks to push them into a corner and relent. it's not just that politics is hardknuckle when it comes down to it -- it's that:
“Power concedes nothing without a demand. It never did and it never will. Find out just what any people will quietly submit to and you have found out the exact measure of injustice and wrong which will be imposed upon them, and these will continue till they are resisted with either words or blows, or both. The limits of tyrants are prescribed by the endurance of those whom they oppress.”
--Frederick Douglass