Senate Vote May Send Banking Bill To ...

Senate Vote May Send Banking Bill To Obama

There are 108 comments on the Click2Houston story from Jul 15, 2010, titled Senate Vote May Send Banking Bill To Obama. In it, Click2Houston reports that:

A sweeping overhaul of the nation's financial regulations stands on the verge of reaching President Barack Obama's desk after a year of partisan struggles and delicate cross-party courtships that promised more and delivered less.

Join the discussion below, or Read more at Click2Houston.

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“Truth to Power!”

Since: Apr 07

Canton, OH

#1 Jul 15, 2010
Why didn't these Scumbag-ocrats end "Too Big To Fail."

“Truth to Power!”

Since: Apr 07

Canton, OH

#2 Jul 15, 2010
How much Lobbying money did Obama and Scumbag-o-crats receive from the "To Big to Fail banks" to make legislation go their way?

“Truth to Power!”

Since: Apr 07

Canton, OH

#3 Jul 15, 2010
Small Banks are failing at record numbers still yet Obama's banking partners at Goldman Sachs are laughing.

What ranking is Obama on cash/contributions from Goldman Sachs?

Hmmmmmmm.

“Truth to Power!”

Since: Apr 07

Canton, OH

#4 Jul 15, 2010
Why didn't Obama & the Scumbag-0-crat$ protect the Taxpayer from more Freddie Mac Bail Outs?

How many more 10's to 100's of Billion$ will we have to pay for Scumbag-0-crat Incompetence?

“Truth to Power!”

Since: Apr 07

Canton, OH

#5 Jul 15, 2010
Why didn't Obama and the Scumbag-0-cratrs protect the US Taxpayer from more Fannie Mae Bail Outs?

Is (D) Bawney Fwank still sleeping with the Executive Lobbyist from Fannie Mae?

He's screwing everyone.

“Truth to Power!”

Since: Apr 07

Canton, OH

#6 Jul 15, 2010
Senate VIP Loans Mount

Countrywide Dealt With More Lawmakers and Staffers Than Previously Known

By JOHN R. EMSHWILLER

U.S. senators or Senate employees received 30 loans—far more than had previously been known—under a controversial lending program at Countrywide Financial Corp. that provided cut-rate terms to favored borrowers.

The information is contained in a letter sent to the Senate Select Committee on Ethics by Rep. Darrell Issa (R., Calif.), who has been spearheading the House Oversight and Government Reform Committee's investigation into Countrywide's so-called VIP mortgage program.

No specific loan recipients were named in the letter. But Mr. Issa's letter said borrowers on a dozen loans listed their place of employment as the office of "Senator Robert Bennett." Available public records don't indicate that Sen. Bennett, a Utah Republican and member of the Senate Banking Committee, received a Countrywide home loan.

Sens. Christopher Dodd (D., Conn.) and Kent Conrad (D., N.D.), have previously been identified among the high-profile individuals who received such loans. Both senators have denied wrongdoing. Until the Issa letter, no other senators or their staff members had been linked to the VIP loan program.

A spokeswoman for Sen. Bennett didn't respond to questions. Sen. Bennett recently lost his primary election battle and will be leaving the Senate in January after 18 years.

http://online.wsj.com/article/SB1000142405274...

Thank You Tea Party for ousting Bennett. I see (D) Conrad is still there and (D) Dodd was bought off by the DNC to retire.

“Truth to Power!”

Since: Apr 07

Canton, OH

#7 Jul 15, 2010
Fed paints weaker picture of growth and employment

By MARTIN CRUTSINGER, AP Economics Writer
Wed Jul 14, 2010

WASHINGTON – Federal Reserve officials have a slightly dimmer view of the economy than they did in April, reflecting worries about how the European debt crisis could affect U.S. growth and job prospects.

Fed officials said Wednesday in an updated economic forecast that they think the economy, as measured by the gross domestic product, will grow between 3 percent and 3.5 percent this year. That's a downward revision from a growth range in their April forecast of 3.2 percent to 3.7 percent.

The Fed's latest forecast sees the unemployment rate, now at 9.5 percent, possibly staying at that figure or in the best case falling to 9.2 percent. In the April forecast, the Fed had a slightly lower bottom number of 9.1 percent.

The Fed said in the minutes of its June 22-23 meeting that its lower economic projections reflected "economic developments abroad" — a reference to the debt crisis that began in Greece and threatened to spread to other European countries.

The Fed's new forecast made only minor changes to its outlook for growth, unemployment and inflation. But those changes underscored a view that economic prospects were slightly weaker.

The factors the Fed cited were household and business uncertainty, weak real estate markets, a tough job market, waning fiscal stimulus and still-tight lending by banks.

http://news.yahoo.com/s/ap/20100714/ap_on_bi_...

maddog2008

Since: Sep 08

Albion, NY

#8 Jul 15, 2010
We have to vote all of these crooks out of office no matter what party they belong to.

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#9 Jul 15, 2010
Maybe if the GOPasaur Party of No hadn't fought the Dems every step of the way (AGAIN), it would have been a stronger bill.

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#10 Jul 15, 2010
The Dems had to water down the bill to get Brown, Collins, & Snowe to make the bill fillibuster proof.
Seeking truth

Dearborn, MI

#12 Jul 15, 2010
"How horrible! Why won't anyone stand for the Wall Street Robber Barons?

Signed, Republicans, Teabaggers

PS We mean anyone but the Laughing Stock Teabagger."
Drew

Whitehall, PA

#13 Jul 15, 2010
WeTheSheeple wrote:
Maybe if the GOPasaur Party of No hadn't fought the Dems every step of the way (AGAIN), it would have been a stronger bill.
This bill does nothing to address one of the major culprits in this financial disaster and that is Fannie & Freddie. It does nothing to regulate or restrict the Federal Reserve but instead affords them more power. This bill is a failure and would have done nothing to prevent the financial collapse.

maddog2008

Since: Sep 08

Albion, NY

#14 Jul 15, 2010
WeTheSheeple wrote:
The Dems had to water down the bill to get Brown, Collins, & Snowe to make the bill fillibuster proof.
And Brown,Collins & Snowe should be thrown out of office,seems like they are drinking too much Kool Aid,sell outs.

“Make America Great Again”

Since: Jun 07

Bring Obama Back!

#15 Jul 15, 2010
This is great news for the country and a major victory for President Obama if this gets to his desk for him to sign soon.
sue

United States

#16 Jul 15, 2010
I just know this is going to cost me more money.
u r a socialist

Nazareth, PA

#17 Jul 15, 2010
Marine Corp Pat wrote:
This is great news for the country and a major victory for President Obama if this gets to his desk for him to sign soon.
keep drinking the koolaid, Pat

maddog2008

Since: Sep 08

Albion, NY

#19 Jul 15, 2010
u r a socialist wrote:
<quoted text>
keep drinking the koolaid, Pat
He is a troll and a bad one at that,can't back up 90% of what he says with facts.Now I have to wait for the name calling.(liberal play book)

“Truth to Power!”

Since: Apr 07

Canton, OH

#20 Jul 15, 2010
Seeking truth wrote:
"How horrible! Why won't anyone stand for the Wall Street Robber Barons?
Signed, Republicans, Teabaggers
PS We mean anyone but the Laughing Stock Teabagger."
"I'd like to personally thank you at Goldman Sachs for your Generous support. I won't forget you."

- Broke Obama

“Truth to Power!”

Since: Apr 07

Canton, OH

#21 Jul 15, 2010
WeTheSheeple wrote:
Maybe if the GOPasaur Party of No hadn't fought the Dems every step of the way (AGAIN), it would have been a stronger bill.
ROFL! Maybe not. The Scumbag-0-crats will do more harm than good as usual.
Seeking truth

Dearborn, MI

#22 Jul 15, 2010
Marine Corp Pat wrote:
This is great news for the country and a major victory for President Obama if this gets to his desk for him to sign soon.
No kidding. Even some reasonable REPUBLICANS see the light. The extremists that want a plutocracy are failing.

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