Robert Reich changes partys

Well not actually, but.........


"Who needs Republicans when Wall Street has the Democrats? With the help of congressional Democrats, the Street is rolling back financial reforms enacted after its near meltdown.

According to the New York Times, a bill that’s already moved through the House Financial Services Committee, allowing more of the very kind of derivatives trading (bets on bets) that got the Street into trouble, was drafted by Citigroup — whose recommended language was copied nearly word for word in 70 lines of the 85-line bill.

Where were House Democrats? Right behind it. Rep. Sean Patrick Maloney, Democrat of New York, a major recipient of the Street’s political largesse, co-sponsored it. Most of the Democrats on the Committee, also receiving generous donations"......................


http://robertreich.org/post/51226404952

If this was a house committee, where were the Republicans? Don't they chair every committee?

archer wrote: If this was a house committee, where were the Republicans? Don't they chair every committee?

I imagine they were sloping at the same trough as the dems. Does that make it OK?

Blazer Bob wrote:

archer wrote: If this was a house committee, where were the Republicans? Don't they chair every committee?

I imagine they were sloping at the same trough as the dems. Does that make it OK?

I didn't say it made it OK. This wouldn't make it out of committee without the Republicans.

Plus how many evil bank executives were prosecuted by Holder and the SEC? Zero! Eric must be more concerned with bugging reporters and their families.

FredHayek wrote: Plus how many evil bank executives were prosecuted by Holder and the SEC? Zero! Eric must be more concerned with hugging reporters and their families.

Fred the info in your first sentence is contained in the Robert Reich piece the OP links to:

"All these men are honorable. None has broken any law. But they and their ilk in congress – the Democrats who are now rolling back Dodd-Frank – don’t seem to appreciate the extent to which Wall Street has harmed, and continues to harm, America.

It’s not entirely coincidental that the Obama Administration never put tough conditions on banks receiving bailout money, never prosecuted a single top Wall Street executive for the excesses that led to the near meltdown, and still refuses to support a tiny tax on financial transactions that would bring in tens of billions of dollars as well as discourage program trading."

I do not know what your second sentence means.

Bugging reporters. Sorry autospell.