GOP Not Worried About Financial Reform Backlash

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The stance of the GOP on reform is an indicator they should never be in power again.I have not considered myself to be a Tea Party member, but I will follow their goal of voting against any incumbent in my voting area.

JM in Georgia of GA 2:29PM April 30, 2010

The Democrats may have been in power in 2007, but that has nothing to do with trying to get something done now.The Republicans were there for at least siix years and they were very happy with conditions at that point as they had plenty to do with deregulating. They are a bunch of power hungry pols and want to do nothing but get Obama out of office. They are absolutely nothing but hypocrits. Where is the AMERICA FIRST slogan now.?

Wally of WI 3:51PM April 28, 2010

Did you forget that the Democrats had control of both the House and Senate starting in January of 2007? Did they try to do anything to stop the economic crash in 2008? (The answer is no). Do you remember Barney Frank saying what great shape Fannie Mae and Freddie Mac were in during 2007? (He did).
It is overly simplistic to just blame the Rebublicans for our current economic woes. Mistakes were made by both parties, Fannie Mae, Freddie Mac, the Federal Reserve, Wall Street, Bankers and those who took out loans they couldn't pay back.

Bob of TX 3:00PM April 28, 2010

Cynical. They have done nothing tp help since the recession began under bush but try to ignore it and try to make political points.

Mik of OK 1:02PM April 28, 2010

These clowns weren't paying attention when they crashed the economy in '08 and they still aren't paying attention. Except for paying attention to the fat cats on Wall Street offering to bankroll their campaigns, Republicans don't really care that the country is still in the ditch they drive the economy into. Repeal and replace Republicans.

Louis of CO 10:48PM April 27, 2010

The Republican summary is a farce.
Triggering the Republicans' process would require recommendations from regulators and a court order. Which means the government will have to be run by people who care about regulating. Republicans don't want regulation and they will tell that to your face. So why would I vote for a Republican? So they can put people in regulatory bodies that could care less about regulating in the name of protecting average Americans?
No thank you.
According to the 20-page summary of the counter-proposals, Republicans also want to create a financial consumer protection council, rather than the Democrats' proposal for a financial consumer watchdog bureau that would be part of the Federal Reserve.
“consumer protection council”, “consumer watchdog bureau”? Sounds like the GOP agrees with the Democrats on something.
The President promised that he would go after Wall St. regardless of the cost....and he is doing it. He promised to pass Health Care Reform and followed through and accomplished what every previous president attempted but failed to do. The President negotiated a nuke reduction deal with Russia, re-enginnered the Afghanistan war, began withdrawing our Troops from Iraq. Have you ever seen a POTUS accomplish as much as President Obama in such a short time?
I don't like everything Obama is doing but I do believe that he and the Democrats are actually delivering to their voters exactly what they said they would. Hate‘em or not, the Democrats delivered.
What has the Republicans Party done for its constituency? Did they deliver? I don’t think so.
I think it is about time that our leaders give some protections to the people; protections from banks, health insurance companies and other "blue sky" corporations. We can't simply ask these corporations to act more ethically towards Americans; we must make laws to protect us.
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered." - Thomas Jefferson 1802

ApostasyUSA of CA 8:29PM April 27, 2010

I see what the Republican pollsters say: All those millions of families that got splattered in the economic crisis will soon wake up and remember that it's a "job killer" if fat cats aren't free to cheat in the stock market. Oh, yeah? So let the killing begin.

jack saunders of CA 6:26PM April 27, 2010

The biggest financial crisis of our lifetime, which nearly ruined the country, and the republicans dont see any problem to letting it happen again?
Nice.
Oh wait. All the rich people got tax payer bailouts from bush/obama & company, so I guess it wasnt really a crisis to them.
This country sucks.

Anon of AL 6:15PM April 27, 2010

Someday people will realize the GOP only exists for the rich, they don't give a dam for anyone else. They have no ideas of their own and can only say no.

Michael of CA 5:59PM April 27, 2010