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Budget Follies


B-Man

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As I posted in an earlier thread, CNN has its (laughable) Government Shutdown Countdown Clock again,

 

Except now it's President Obama and the GOP (so-called) leadership are trying hard to find the votes to pass a continuing budget for the coming fiscal year and the Leftists are the ones trying to stop it.

 

This (of course) makes no difference to the media's cemented narrative, that the "right" is again shutting down the government........................lol

 

 

Will “CROMNIBUS” pass or not? White House Preps Feds For Shutdown.

 

I wonder if they’ll engage in Obama’s patented pain-maximizing park-and-monument closures this time, when Elizabeth Warren is leading the charge?

 

 

Related: Ed Driscoll: Shutdowns Then and Now: Thanks for the Memories, TNR!

 

“As always, for the left, the motto is, ‘It’s Different When We Do It.’”

 

 

 

and lets not forget that the liberal's sweetheart, Sen. Elizabeth "High Cheekbones" Warren is the one leading the charge.

 

Of course, here she is in October, 2013, arguing for the exact opposite of now................hilarious

 

SHUTDOWN FLASHBACK: Elizabeth Warren slams House GOP’s “anarchy gang” — The Massachusetts senator delivers a rousing defense of government against “anarchists.”

 

 

 

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Edited by B-Man
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What does changing the laws to allow individuals to make political contributions ten times the current limit and weakening bank regulations have to do with a budget? Those are the major issues some Democrats have with the proposal. Take them out and the Democrsts will vote for it.

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What does changing the laws to allow individuals to make political contributions ten times the current limit and weakening bank regulations have to do with a budget? Those are the major issues some Democrats have with the proposal. Take them out and the Democrsts will vote for it.

Bwahhhhhaaaaaa!!!

Elections have consequences.

Go sit in the back of the bus.

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The bank bailout was necessitated because lax regulations allowed the banks to gamble with our money to the point that they endangered the world financial markets. Republicans complained about bailing out the banks, so new regulations were put in place to prevent a repeat of the banks actions. Now the majority of Republicans want to reduce the regulations so the banks can gamble once again.

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What does changing the laws to allow individuals to make political contributions ten times the current limit and weakening bank regulations have to do with a budget?

 

Thank you for making this point. Both parties do this and neither is apparently "big enough" to keep bills simple and to the point. Instead we often get this kind of garbage buried into something completely unrelated. Damn we need some adults in Washington.

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The bank bailout was necessitated because lax regulations allowed the banks to gamble with our money to the point that they endangered the world financial markets. Republicans complained about bailing out the banks, so new regulations were put in place to prevent a repeat of the banks actions. Now the majority of Republicans want to reduce the regulations so the banks can gamble once again.

Do you know which parts of Frank Dodd the R's want changed?

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The two major issues with Dodd-Frank are the intertwining of government and our major financial institutions, with banks, insurance companies, and soon to be investment houses, officially designated as Too Big to Fail; and the over-empowerment of federal regulators, who now have ad hoc power to act as they see fit, rather than designated authority to do very specific things.

Edited by TakeYouToTasker
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I don't know anything about it at all, what parts do you, and the Republicans want changed?

What the republicans wanted (and got) were campaign reforms. Nothing about regulation of the financial services industry that PastaJoe was talking about. What I don't like about Dodd-Frank is the government getting involved with capital markets trying to reduce the risk in them. They don't understand the markets and that risk is necessary for them to function. Also they whole AIG thing. Because AIG is an insurance company they felt they needed in have more regulations in the insurance industry. Well the division of AIG that !@#$ed up was not the insurance arm.

 

Lol, Chef is out there googling away

No actually working today.

Edited by Chef Jim
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