Monday, April 26, 2010
Banking Bill Dies
Sen. McConnell could not understand why we vote on a bill that would not address the problems with the banking industry. Gee Mitch how long have you been a Senator? The vote was for whether there could be debate. Can't have discussion and the chance to amend the bill. You could of had discussion and then killed the final version before there was a real vote. Could it be that he feared that he would not be able to hold together the 41 votes? Could it be amendments that would reinstate the regulations of the FDR administration might be popular? Could it be that the people want the financial markets regulated and realize that what is proposed doesn't go far enough. I'm glad that they didn't pass this bill but they need to pass something and it should be soon before the banks collapse again.