Archive for March 23rd, 2010

by jhwygirl

These guys and gals are really digging themselves a hole, aren’t they?

Finance reform is a another big important honey-do for Obama…but frankly, it shouldn’t matter who is president and what party you are a member.  The need for finance reform should not be lost on anyone.

Apparently it is lost on Republicans. Over the weekend, Republicans withdrew over 300 amendments to proposed reform. Finance reform has been kicking around for as long as health reform. Republicans have used every tactic to delay moving it forward.

Sound familiar?

Just about 10 days ago, as a whole bunch of us were getting sick and tired of inaction, Dodd set the stage to move reform forward with or without Republican support.

Today, in a party-line vote of 13-10 in Senate Banking Committee, Sen. Dodd moved his finance reform bill forward.

I find it unbelievable that Republicans won’t participate in the forward movement of anything with regards to domestic policy. Withdraw proposed amendments? How are they going to spin that one? Bill Clinton made ’em do it?

What possible justification do they have in objecting to finance reform that prohibits future bank bailouts?

Our own Senator Jon Tester seems to have had his own gut-fill of the situation, speaking out in a guest opinion in today’s Missoulian of the tactics employed by Wall Street to halt reform.

I’m glad Senator Tester is continuing his strong support of finance reform.

If this nation can regulate pork and wheat futures, we can darn well regulate banking futures. Frankly, the whole idea that banks can bank on futures and consider that solid investment seems obscene to me. It makes banking little more than a crap shoot.

Which is damned near what it was starting 2 years ago, remember?

Take time to contact Sen. Tester and thank him for standing strong in support of meaningful finance reform.

While you’re at it, contact Sen. Baucus and ask him to support finance reform.

Another one who should be getting a call is Rep. Dennis Rehberg.  It’s an election year…maybe he should be asked to commit to reform.

Does he support the current bill? If not, what does he support?

Rehberg should not get a free pass on this one. I do not want to hear him criticize that which he offered nothing meaningful or constructive.  Which is all he did on health insurance reform.

Let’s hope Montana’s media hold Rehberg to some sort of constructive position on finance reform. He should not be allowed to get away with just criticizing something without offering real solutions.

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