[HCCN] GOP (Snowe and Collins) block financial reforms
Dexter Bellows
dexter at downeast.net
Wed Apr 28 08:59:06 EDT 2010
http://www.dailykos.com/storyonly/2010/4/27/861289/-CNNs-Cafferty-Gets-It-Right:-2-3-of-Americans-support-financial-reform,-but-Senate-GOP-blocks-it
As the Senate is about to vote (again) to begin debate on financial
reform this comes from CNN's Jack Cafferty:
2/3 of Americans support financial reform, but Senate GOP blocks it
Despite the fact that two-thirds of Americans support tougher
regulation of banks and Wall Street... Republicans have already voted
unanimously to block financial reform from reaching the senate floor -
and they might do it again minutes from now when another test vote
happens.
A new ABC News/Washington Post poll shows 65 percent of those surveyed
want stricter financial reform. 31 percent are opposed.
The poll also shows majorities back two key parts of the senate
bill... including greater government oversight of consumer loans...
and a fund - paid for by the banks - that would help dismantle failing
institutions. According to this poll, the public is split on letting
the government regulate complex financial instruments knows as
derivatives.
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