The predicted GOP cave-in starts
As I predicted just two days ago, the GOP is so scared of being portrayed as defenders of Goldman Sachs that they’re starting to cave in on the financial regulation bill which will do great damage to American consumers and add frightening new power to government.
While some Republicans may posture that letting it come to the floor does not mean a bad bill will pass, I’m extremely skeptical. Most likely, a small handful of Republicans will look for any fig leaf of “compromise” by the Democrats as an excuse to vote for this terrible legislation.
When will Republicans learn that the public likes them standing up against government power-grabs? When will they learn how to explain that they’re not defending Goldman by opposing this bill. If there ever was a briar patch that Goldman wanted to be thrown into, it’s this bill. It’s the rest of us who should be worried.
|Print article||This entry was posted by Rossputin on 04/28/10 at 02:34:48 pm . Follow any responses to this post through RSS 2.0.|