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View Diary: Morning Feature: 'Free' Markets, Part III - A Different Narrative (Non-Cynical Saturday) (207 comments)

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  •  what are you expecting with Dodd's bill? (15+ / 0-)

    I've read both that he is completely beholden to the banking industry, so he won't do anything useful AND that he's going to make his mark since he is retiring. I don't know what to expect from this, but whatever it is, it's going to be significantly better than anything with Corker's input.

    The reality is even if Dodd put in every single one of Corker's ideas, like healthcare, the Republicans will still vote against it.

    There is nothing more frightening than ignorance in action ~ Goethe

    by theKgirls on Sat Mar 13, 2010 at 05:47:22 AM PST

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    •  That is the reality. What I am reading is that (15+ / 0-)

      Dodd is taking all the crap out because he knows the reality. If he is getting no republican votes, back up and do it right. Apparently Collins and Snowe are on board.

      I am actually thinking about a diary on this because this is a really important topic.

      You can't "partially" re-regulate.

      Much of life is knowing what to Google

      by JanF on Sat Mar 13, 2010 at 05:49:54 AM PST

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    •  I suppose we have to factor in where he plans (5+ / 0-)
      Recommended by:
      JanF, NCrissieB, addisnana, theKgirls, kktlaw

      to work after his 'retirement' as a major influence on his motivations. ::sigh:: I liked Dodd and much of what he stood and fought for over the years. I really hope he goes out with a bang and does something really great and beneficial with this.

      Information is abundant, wisdom is scarce. The Druid

      by FarWestGirl on Sat Mar 13, 2010 at 02:11:35 PM PST

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      •  Glass-Steagall Act (5+ / 0-)

        The Glass-Steagall Act was named after the legislative sponsors, Carter Glass (Senator) and Henry B. Steagall (Representative from Alabama).

        If Chris Dodd wants to leave the Senate and make a pot of money, he will sell us down the river.

        If Chris Dodd wants the Financial Re-Regulation bill to be his legacy (the Dodd Act), he will do the right thing and give us something with teeth. He can do this without the obstructionist republicans. He just needs some courage.

        Harry Reid said this to the republican Senate leadership last week about the HCR reconciliation bill:

        If Republicans want to vote against a bill that reduces health care costs, fills the prescription drug "donut hole" for seniors and reduces the deficit, you will have every right to do so.

        Dodd needs to do the same thing to the republicans. Nothing will expose their false populism more than voting against re-regulating the banksters.

        /end rant

        (well, not really. kind of getting warmed up)

        Much of life is knowing what to Google

        by JanF on Sat Mar 13, 2010 at 02:21:16 PM PST

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        •  I heard about someone making noises about (5+ / 0-)
          Recommended by:
          JanF, NCrissieB, addisnana, theKgirls, kktlaw

          reinstituting Glass-Steagall, really hope it happens.

          And someone last night, maybe Rep Weiner, said that the public option is only still even vaguely alive because of the public outcry and push in support, so maybe we are being nuudged back into active democracy, one drip at a time. It's going to take a ton of rabble rousing and push to get the banking and financial lobbies under control, TR and FDR were the last to manage it, we're going to need that sort of cheerleading again to start the momentum and keep it going.

          Information is abundant, wisdom is scarce. The Druid

          by FarWestGirl on Sat Mar 13, 2010 at 02:42:10 PM PST

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          •  Democrats will only lose in the Fall if they lack (5+ / 0-)


            There are 290 bills passed by the House that are sitting in the Senate's Inbox.

            There is a ton of good legislation being is just not being passed on to Obama to sign.

            After Bunning's grandstanding, we are finally getting some critical mass in the Senate rallying around filibuster reform. I am really looking forward to next January when they can change the rules that govern the Senate. These rules only need 50 + 1 if done when the new Congress convenes.

            Galvanized Dems

            Sen. Tom Udall (D-N.M.) told the Huffington Post in a short phone interview that he and his colleagues have become increasingly convinced that for legislative action to get done, the rules binding them have to be loosened. In particular, the New Mexico Democrat pointed to the role Sen. Jim Bunning (R-Ky.) played in unilaterally holding up extensions to unemployment benefits as a particularly galvanizing moment within the Democratic caucus.

            We have seen Senators lose their backbone but maybe this time they will have the guts to do it.

            Good afternoon and huggs to you, FWG.

            Much of life is knowing what to Google

            by JanF on Sat Mar 13, 2010 at 02:55:02 PM PST

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