It’s as simple as that. Obama, Pelosi, Reid et al have crafted legislation to protect the American people from having to deal with another financial catastrophe – like the one orchestrated under Bush’s watch – by imposing a few commonsense regulations. Everyone who has a 401k, everyone that has a union or company retirement program, anyone who pays taxes, anyone who was negatively affected by what happened under Bush should support this legislation. Especially members of the Tea Klux Klan, since Bush’s bailout gave rise to their anti-government angst in the first place.
Three things happened yesterday which reveal our present situation in crystal clarity:
1. The fraud investigation of Goldman Sachs.
2. GOP leaders meeting with financial executives.
3. Democrats fighting for reform.
The rethuglicans are in league with the banksters, while the democrats fight an uphill battle for We the People. In the words of Jerry Lundegaard:
“That’s the deal here.”