Commentary By Ron Beasley
I had a video of Mark Halperin refusing to stand up for the Republican position on financial reform below. Well he made a second appearance on Hardball this afternoon.
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Halperin was even more blunt than he was on Morning Joe. He said something interesting:
you can't sustain something if you don't believe it and it isn't true.
You can have one or the other, but not both
The Republican's are lying and they know it but the reason they will get behind it because they know it would be politically damaging not to be as much as they would like to deny Obama and the Democrats a victory. As I said below the Democrats have the high ground here and I hope the realize - don't give up anything, the bill is already too weak. The voters - all of them hate Wall Street. The Republican base may not like big government but the one place they want it is control of Wall Street. This is a win-win for the Democrats and a lose-lose for the Republicans.
Halperin also predicted we won't see a bill soon but it will be the Democrats that try to drag it out - the closer to the election the bill is passed the better for the Democrats. The Democratic lawmakers even have the opportunity to force Obama to do more than he really wants to do.
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