Reid: GOP is 'making love to Wall Street'

[kpete]

Source: The Hill


Reid: GOP is 'making love to Wall Street'
By Alexander Bolton - 05/05/10 01:19 PM ET

Senate Majority Leader Harry Reid (D-Nev.) accused Republicans Wednesday of “making love to Wall Street.”

Reid charged that Republicans are stalling action on a Wall Street reform bill because “they are having difficulty determining how they’re going to continue making love to Wall Street” by resisting banking regulation.

The sweeping Wall Street reform bill had stalled on the Senate floor because of a partisan disagreement over how to handle amendments, though shortly after Reid’s comments, Senate Banking Committee Chairman Chris Dodd (D-Conn.) announced a breakthrough in negotiations.

The deal Dodd struck with Sen. Richard Shelby (R-Ala.), the ranking member on his panel, is focused on how to deal with “too big to fail” institutions. It’s not clear whether the deal to provide for the orderly liquidation of troubled banks would be enough to solve the partisan dispute over other amendments.

Read more: http://thehill.com/homenews/senate/96203-reid-gop-making-love-to-wall-street

[harry_pothead]

1. A disgusting mental picture, but an accurate one.

[UrbScotty]

5. LOL - that's what I was thinking!

:rofl:

[CBHagman]

26. LOL!

Harry's really in good form these days...

[davidpdx]

20. Me too

it is very disgusting, but funny

[FiveGoodMen]

2. ...and fucking the rest of us.

[no_hypocrisy]

3. Beat me to it!

[Supersedeas]

23. a match made by the Gangs of NY

[salguine]

4. Like there isn't any money on the Democrats' nightstand. Gimme a fucking break. If there's

anything I hate more that a Republican, it's when people pretend the same thing doesn't go on in our own camp. I think I hate hypocrites even more than I hate Republicans.

[Canuckistanian]

6. Eww. And the GOP NEVER use "protection"

Wall St. should consult a doctor, immediately.

[Arkana]

7. A really gross mental image, but Reid is right nevertheless.

[bergie321]

8. It's not "making love"

When you are getting paid for it...

[Crowman1979]

9. Wall Street has been balls deep inside the GOP for quite some time now.

[izzybeans]

10. I thought they called it teabagging the bull.

[sasquuatch55]

11. Maybe we should keep our money at home, not give it to banks and investment firms to gamble with!

nt

[izzybeans]

13. I'd rather not risk the house burning down.

I just don't want my investment banker selling me junk and then be allowed to bet against my investment. Republicans think this type of shakedown is just dandy. I think they lay under the bull like hungry baby birds, quivering for another mouthful. They love the authoritarian aspects of the market, that's why they claim it is "free" when it steals from honest people and claim it isn't when the government sets rules to ensure fair play.

No one should be free to create an unequal exchange on the market. Free markets are based on the notion that all exchanges are mutually beneficial. There is nothing wrong with a government that regulates to ensure that is the case. That's what these financial forms are about.

[salguine]

15. I've wondered for some time now what would happen if everyone in the country

stopped paying their health insurance premiums all at once. Can you imagine the scene in the HMO boardrooms?

[mikelgb]

12. A Bull and an Elelphant goin at it

only problem is the Dems just watch and masturbate

[Jefferson23]

14. Simon Johnson, William Black, Joseph Stiglitz, these guys should

be writing the reform. Many on Wall Street would drop dead from the shock, but at least we'd know this couldn't happen again.

[KamaAina]

16. Well, somebody's getting screwed

:eyes:

[Zorra]

17. Who's on top, the elephant or the pig? n/t

[applegrove]

18. both the GOP and big bankers in the US exist only for short term gain. They have that in common.

[bullwinkle428]

19. Thanks for making me picture Mitch McConnell as a "top"...

:puke:

[Barackbaby]

21. I really don't like this bill either

not sure the bailing out of wall street on a permanent basis is what we need.

[Arkana]

24. Great--cause that's exactly the opposite of what the bill does.

But I can see you've already swallowed the Luntz talking point that the bill "institutionalizes bailouts".

[sakabatou]

22. And each one is acquiring a VD.

[Rex]

25. Let them keep doing this up till November! Idiots.

Then they won't have the seats to stop us.