Republicans smelling their own blood in the water? GOP poised to abandon stall of banking bill

[BurtWorm]

http://news.yahoo.com/s/ap/20100428/ap_on_bi_ge/us_financial_overhaul/print

By JIM KUHNHENN, Associated Press Writer Jim Kuhnhenn, Associated Press Writer
3 mins ago

.WASHINGTON – Republicans set the stage Wednesday for removing their blockade against legislation to tighten regulations on Wall Street, saying they still hope to change the bill on the Senate floor after reaching an impasse on consumer protection.

The end in talks comes after Sen. Richard Shelby, the top Republican on the Senate Banking Committee, received assurances that Democrats will adjust the bill to address GOP concerns that it would perpetuate bailouts of banks. <Sure, Shelby, we'll can the perpetual baliouts... which weren't in the law anyway, you ass! >

But Shelby said he and Banking committee chairman Christopher Dodd could no longer find common ground on other provisions of the bill, including Dodd's consumer protection language that Republicans say goes too far.

"Now that those bipartisan negotiations have ended, it is my hope that the majority's avowed interest in improving this legislation on the Senate floor is genuine and the partisan gamesmanship is over," Senate Republican Leader Mitch McConnell said.

Shelby said that in blocking the bill Republicans had given him time to address the bailout questions. He said he would now "defer to their individual judgments on whether the Senate begins a floor debate on this bill."

Dodd said he and Shelby had been engaged in productive talks. "But I cannot agree to his desire to weaken consumer protections given the enormous abuses we have seen."


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[chelsea0011]

1. All 41 can be led around by their noses. There are no moderates

in the Republican Party. Only the Dems have the moderates and conservative wings.

[BurtWorm]

5. Which is why their claim that this gave them time to look over the bill is such CRAP.

They're all going to vote the same on it anyway, unless a few individuals with elections nearing (like Scott Brown) feel some heat to buck the party on this one.

[Cant trust em]

2. "Smelling their own blood in the water."

Awesome. nt

[Tippy]

3. Looks like we are going to walk down the same road to HCR

When will our side admit there will be NO bi-pratisanship on Rethug side? Currently listening to our President....it sounds a lot better than I thought it was

[Rex]

4. 'Partisan gamesmanship' is going to lose the Repukes many many seats.

So sayeth I. Repukes are so stupid that they will continue to embaress themselves in front of the nation long after the jig is up! They also keep in touch with their best business interests and have been told that GFS is going down and taking Greece (and hopefully not the rest of the world) with them. Even a stupid shark eventually quits eating his own tail.