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Ladywriter

Financial reform vote fails 3rd time in Senate

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GOP remains unified in opposition to beginning debate on Democrat bill

WASHINGTON - U.S. Senate Republicans blocked progress on Democrats' sweeping financial reform for a third day on Wednesday, although the distance between the two sides was not huge and a bill is eventually expected to pass. Republicans pressed for a compromise measure, seeking concessions such as protecting car dealers from the reach of a proposed new consumer protection watchdog. They say the reform is needed but simply overreaches.

With congressional elections set for November, lawmakers from both parties are keen to pass a bill, the most ambitious rewrite of Wall Street rules since the 1930s.

vote them out of office


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What eactly does this mean? What is this bill trying to do?


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"Well, Toutousai...don't you think it's a pity for Tessaiga? All Inuyasha can do is wave about a sword with all his strength...it's the same whether it's a famous sword or a log."

-Sesshoumaru

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Its trying to keep the financial meltdown crap that caused this bullshit of an economy from happening again. also works at preventing companies from becoming too big to fail so as to no longer need any type of a bailout from the gov't.


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[ame=http://www.msnbc.msn.com/id/21134540/vp/36844878#36844878]msnbc.com Video Player[/ame]


                                               gallery_3_22_21209.jpg

                                               Look at the flowers

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