Commentary By Ron Beasley
I don't know if it was because Mitch McConnell wanted to go to the Kentucky Derby or because he knew he'd lost the game of chicken but he and the Republicans surrendered today.
With political pressure mounting, Senate Republicans relented on Wednesday and agreed to let Democrats open debate on legislation that would impose the most far-reaching overhaul of the nation�s financial regulatory system since the aftermath of the Depression.
The decision by Republicans to allow floor deliberations came after
they voted three days in a row to block the bill, and it suggested that
they saw political peril in being depicted as impeding tougher rules
for Wall Street.
But Republicans still oppose many aspects of the bill, and a rough floor
fight lies ahead.
Senate Republicans still control enough votes to filibuster and prevent the bill from being
adopted.
This was a horse race the Republicans knew they would lose. Timing is everything and the greedy sociopaths from Goldman Sachs being unapologeticaly sociopathic sealed the deal. It's true that the Republicans can still filibuster the final bill but will they? Do they dare?
No comments:
Post a Comment