McConnell says that he was reacting strongly to concerns from Kentucky bankers, as well as to a Democratic effort to shut Republicans out of the process."Why Is GOP Senate Leader Mitch McConnell Against Regulating Wall Street?"
That is a good one Alan (of Alan.com)
And the answers is.
- Republicans are more in tune to the corporate world.
- Corporate world executives can maintain their golden parachute.
- The Republicans do not mind if the working man and his family has to file for bankruptcy.
- The Democrats always looking out for the working, man and his family.
Sen. Mitch McConnel will say he is looking out for the American people, as long as he is making in the high six figures. And not the guy who drives a truck, swings that Hammer or maintain’s your vehicles. As far as he is concerned they are just the working class and can be replaced.
" Here is Thom's blog.
Thom Hartmann.
Scott Brown vows to oppose financial reform and retain the status quo for the billionaire banksters.
The U.S. Chamber of Commerce lavished Brown with $1 million on TV ads and ThinkProgress reported that business and Wall Street executives added to Brown’s coffers with over $200,000 in 11th hour contributions — nearly half of his total haul just in time for his election last year.
Now, Brown seems to be returning the favor to Wall Street and telling American workers on Main Street that they can just take a leap.
It’s ironic that a majority of his voters said they were motivated by a belief that Democratic Party policies were doing more to help Wall Street than Main Street, and now that the Democrats are proposing legislation to end "to big to fail banks" forever, the Republicans like Scott Brown and Mitch McConnell and John Boehner are lining up with their donors from Wall Street against the American people.
Thom Hartmann.
"Senate Hearing on 2008 Collapse of Washington Mutual Bank
Friday April 16, 2010
A Senate Homeland Security Subcmte. is examining the regulatory actions by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC) regarding their handling of Washington Mutual (WAMU) and its affiliate, Long Beach Mortgage. OTS seized the bank in 2008 and sold it to JPMorgan Chase, contributing to the largest bank failure in U.S. history."
Panels 1 & 2 Panels 3 & 4
C-SPANIt is just this bloggers opinion that Mitch McConnel along with the conservative party is looking out for himself and for his rich buddies, by misdirecting the general public from the truth, as in we have
victory in Iraq.
The senator believes that the general public is ignorant of the facts and that they/you will believe him when he says anything.
He should be removed from office in the next election.
P.S.
Has anybody ever heard of
Don Blankenship of Massey Mining and the Upper
Big Branch mine in West Virginia, they were not very heavily regulated, and then what happened.
Can it be related to my blog above, maybe yes.
I want dating questioning, then answers. Inquiring minds wants to know?