Make Our Day! Democrats Giddy Over GOP Opposition To Financial Reform

[NJmaverick]

About a week or two. That's how long Republicans have to decide how they ultimately want to play their hand on financial regulatory reform. According to numerous Democratic aides and key senators, the GOP will either have to join forces with Democrats on a bill that hews very much to the White House's demands, or they'll have to do their best to block a bill that enjoys wide popularity. But as much as Democrats want to change the rules that govern Wall Street quickly and smoothly, they also love the politics of moving the bill forward without GOP support and letting Republicans publicly justify their decision to protect hated financial institutions from the regulations they oppose.

"We are ready to go forward. The bill's ready...if I have to go it alone, I'll go it alone.... I'm ready to go to the floor tomorrow if they want." said Senate Banking Committee Chairman Chris Dodd last night, after a brief meeting with his counterpart, Sen. Richard Shelby (R-AL).

Aides go further, admitting that they'd relish the prospect of putting Republicans on the side of big banks in opposition to reg reform.

In stark contrast to their approach to the year-long fight over health care reform, Democrats now say broad bipartisan agreement isn't worth it if it sucks up too much time, and needlessly weakens the bill.

http://tpmdc.talkingpointsmemo.com/2010/04/pretty-please-democrats-giddy-at-notion-of-gop-opposition-to-financial-reform.php?ref=fpa

[WeDidIt]

1. Well played, Mr. President. n/t

[salguine]

2. If the Democrats do financial reform like they do health care reform, God help us all.

[NJmaverick]

4. Well the Republicans came out the door with their lies

not it's up to the Dems to show message discipline and nail their sleazy butts.

[Donnachaidh]

12. no kidding -- we'd better just go buy the KY ourselves

and learn to stay bent over when the banksters pass. :puke:

[bullwinkle428]

3. Repukes did an effective job getting a good chunk of the U.S. populace

to side with the health insurance companies...just saying.

[Donnachaidh]

13. aided and abetted by the Chamber of Commerce and the MSM

Pukes don't get ALL the credit on that -- there was concerted corporate shenanigans on that fiasco. And the Dems (Obama) didn't do enough to push back - hardly did anything, until it seemed like the bill might die.

That's not leadership -- that's grabbing for the ledge when you're going over it. :shrug:

[NNN0LHI]

5. Wait until they see the 4 inch headlines SENATE GRIDLOCKED OVER FINANCIAL REFORM

With no mention in the articles that it is the Republicans holding everything up.

Lets see if they are giddy then.

Don

[NJmaverick]

6. It's time for the Dems to force a filibuster

that will be hard to spin

[NNN0LHI]

10. Then the same headline will be six inches tall

The media is not our friend.

Don

[NJmaverick]

11. No doubt the media is right wing owned and dominated

but that doesn't mean it is all powerful. The American public is still pissed at Wall Street and the Banks. A GOP filibuster defending them will be hard to spin.

[KharmaTrain]

7. The Party Of No Triangulates Itself Into A Big Corner...

The GOOP leadership was "too smart by half"...trying to astroturf "populist outrage" while carrying the water for those who work to pervert that outrage for their own profit. It kinda worked during the healthcare debate as the bill was easy to demonize and distort (even before there was a bill) and the Democrats (and most people with a foot in the real world) didn't expect the lies and bullshit that flowed. In the end...after all the hooting and hollaring, the GOOP failed to stop a bill from passing, but they still haven't gotten the message how badly they lost.

Now McChinless and Boner have cast their lots with the greediest of the greedy...showing their true colors...not only to us (surprise, surprise), but to the great unhinged in their own party...and will have to walk a tightwire. The good move by the administration is to quickly move on this bill...get it for a vote before any astroturfing and lies can take hold. The "endless bailout" meme is only working with the great unhinged...and then with considerable blowback cause the people getting those bailouts are the ones who the GOOP leadership is attempting to protect.

How the worm has turned...a couple weeks ago, the HIR vote appeared to be President Obama's "Waterloo"...the Bank Reregulation bill could be the rushpublicans worst nightmare.

[smoogatz]

8. Maybe they've actually learned something here.

Pissing and moaning aside, it will be very difficult for the Republicans to both oppose their own TARP program AND oppose regulating the industry that benefited from the TARP program they oppose. At some point, except for the most cognitively challenged (and rabidly anti-Obama) 25-per-centers, people will have to begin to feel the disconnect. You'd think. Much depends on how well the Democrats are able to get their message into the media, though. We suck at message discipline, and we still lack a Fox News equivalent, which puts us at a big disadvantage.

[NJmaverick]

9. Excellent points about message discipline and our lack of a FOX news channel