Tag: senate banking committee

Wednesday Morning News Roundup

Wednesday Morning News Roundup Deadly typhoon in the Philippines. Remember, all of these weather-related events just sort of happened. These cannot possibly be related to atmospheric changes secondary to man’s burning tons and tons of fossil fuels. I’m intrigued by Ashley Judd. No, not for that reason. There have been rumors that actress Ashley Judd could run for Senate in Kentucky. She would be running against perpetual curmudgeon and GOP champion Mitch McConnell. Imagine knocking off Mitch McConnell. In Kentucky. That would be a huge progressive victory. In study after study, Republicans have proven to be misinformed. The latest study shows

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Learning from the meltdown

What are the lessons that we can take from the financial meltdown? Too big to fail is too big to exist. That is one of the biggest lessons, but the Senate hasn’t learned squat. From HuffPo: A move to break up major Wall Street banks failed Thursday night by a vote of 61 to 33. Three Republicans, Richard Shelby of Alabama, Tom Coburn of Oklahoma and John Ensign of Nevada, voted with 30 Democrats, including Senate Majority Leader Harry Reid of Nevada, in support of the provision. The author of the pending overall financial reform bill in the Senate, Banking Committee

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Republicans back down

For the first time in recent history, it appears that the Democrats have won a battle with the Republicans. Wow! (More later. I’m off to the OR.) From TPM: Senate Republicans announced this afternoon that they will allow financial reform legislation onto the chamber floor for a debate after bipartisan talks hit an impasse. Sen. Richard Shelby (R-AL), ranking member of the Senate Banking Committee who has been in bipartisan negotiations with chairman Chris Dodd, released a statement announcing talks could go no further. “We have been unable, however, to make any meaningful progress on other important components of the legislation. It

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ABOUT AUTHOR
Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.

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A Letter to America

The Thirteeneth Juror

Where is The Outrage Topics
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