Friday, July 25, 2014

If only we could get Republican voters to see and understand this stuff, they wouldn't be Republican voters

GOP Won't Vote To Protect Our Borders But They Do Vote To Protect Wall Street (Click here to read more)

David Garber · Thursday, July 17, 2014, 7:57 pm
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While the GOP is playing games of distraction with the lives of innocent children at our border, with phony IRS scandals perpetrated by Darrell Issa, and bogus Benghazi fantasies trashing human lives, the Republicans quietly used that to very quietly pass a bill which will impact all of us. If you don't know what I'm talking about, then the GOP has done its job of 'follow the shiny object' while they attack us and our financial and consumer protections.
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While the GOP won't vote for money to protect our borders, it quietly found time to vote on a bill to protect Wall Street.
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Raw Story:
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    WASHINGTON (Reuters) - The Republican-led U.S. House of Representatives on Wednesday passed a bill to slash funding for Wall Street oversight and revamp new agencies dedicated to cracking down on fraud against consumers and policing risks after the financial crisis.
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    The $21.3 billion funding bill, which covers appropriations for the 2015 fiscal year beginning Oct 1 for financial services and other areas of government, passed the House in a 228 to 195 vote along largely partisan lines.
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Ask yourself this: why are Republicans protecting Wall Street over the US citizenry? They claim border security is a major concern. What about our financial security and our customer fraud protections?
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    It [the bill] would temporarily bar a group of regulators responsible for policing market risks from designating large non-bank companies as "systemically important" - so big that their failure would destabilize markets.
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