SEC: Republicans vote FOR Wall Street and against Americans

[Bfgrn]

The SEC's commissioners voted 3-2 along party lines to prosecute Goldman over its Abacus deals -- the three Dems voted to charge and the two Republicans voted not to charge.

SEC Vote 3-2 to Sue Goldman Sachs - Bloomberg.com

 

[uscitizen]

No suprise there.

 

[boedicca]

From an unidentified source who declined to go on the record because the vote wasn't public.

We have no idea if this is true - or if it is, what the rationale was.

 

[Bfgrn]

From an unidentified source who declined to go on the record because the vote wasn't public.

We have no idea if this is true - or if it is, what the rationale was.

The rationale? Big business over We the People.

If Senate OKs bank bill, expect a year of debate: Boehner

March 17, 2010
Speaking before the American Bankers Association about the proposed Senate bill, House Minority Leader John Boehner told the crowd of bankers that even if the Senate were to pass a bill, he was confident that reconciling it with the House version would delay reform for at least another year. And after assuring the bankers of delay in the House of the much needed reform bill, Boehner encouraged the bankers to stand up for themselves against Congressional efforts at regulating Wall Street, adding:

"Don't let those punk little staffers take advantage of you... the more regulations you have to comply with the more cost you have there and less amount you are going to have available to loan to customers."

A year more of bank-reform debate likely: Boehner - MarketWatch




FEBRUARY 4, 2010

GOP Chases Wall Street Donors

Republicans are stepping up their campaign to win donations from Wall Street, trying to capitalize on an increasing sense of regret among executives at big financial institutions for backing Democrats in 2008.

In discussions with Wall Street executives, Republicans are striving to make the case that they are banks' best hope of preventing President Barack Obama and congressional Democrats from cracking down on Wall Street.

GOP strategists hope to benefit from the reaction to the White House's populist rhetoric and proposals, which range from sharp critiques of bonuses to a tax on big Wall Street banks, caps on executive pay and curbs on business practices deemed too risky.

Republicans Chase Wall Street Donors - WSJ.com

 

[ihopehefails]

I can't figure out why you say that this action was against Americans when the people being charged are Americans themselves. Is it more of the middle-class nationalist identity garbage where the only Americans are the proletariate.

 

[manu1959]

divest your retirement accounts of all big business investments now......

 

[rightwinger]

The SEC's commissioners voted 3-2 along party lines to prosecute Goldman over its Abacus deals -- the three Dems voted to charge and the two Republicans voted not to charge.

SEC Vote 3-2 to Sue Goldman Sachs - Bloomberg.com

GOP is the party of anything goes when it comes to business

 

[Avatar4321]

Anyone who has a 401K is wall street. So who exactly is voting against Americans?

 

[The Rabbi]

Rumor, innuendo and hearsay.
Actually Wall St is firmly in the Democratic corner, giving most of its contributions to the Dems.
And prosecuting Goldman Sachs is a gigantic waste of money in the service of political head hunting. Nothing new for the Dums either.
Thread fail.