{"id":1170,"date":"2010-04-15T02:51:26","date_gmt":"2010-04-15T09:51:26","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/?p=1170"},"modified":"2010-04-15T02:51:26","modified_gmt":"2010-04-15T09:51:26","slug":"gop-lies-on-financial-reform","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2010\/04\/15\/gop-lies-on-financial-reform\/","title":{"rendered":"GOP Lies on Financial Reform"},"content":{"rendered":"

It\u2019s health care reform all over again.<\/font><\/p>\n

\n

\"republican-lies\"<\/a> In February, the Wall Street Journal reported <\/a>that Republicans were "stepping up their campaign to win donations from Wall Street. 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<\/strong>."<\/p>\n

Two months later, it seems the GOP is relying on the same strategy. In return for obstructing Democratic legislation to hold Wall Street CEOs accountable, Republican lawmakers are pressing bankers for financial help heading into the November elections.<\/p>\n

FoxBusiness.com reported [Faux Noise delinked<\/em>] that Senate Minority Leader Mitch McConnell (R-KY) and National Republican Senatorial Committee chairman John Cornyn (R-TX) had a "private meeting" with "25 Wall Street executives, many of them hedge fund managers."<\/strong> After listening to "numerous complaints the executives have with the bill," the GOP lawmakers reportedly assured the bankers that Republicans would be their ally in the fight<\/strong>. After discussing likely Republican electoral gains this November, "McConnell and Cornyn made it clear they need Wall Street’s help."<\/p>\n

A day after the story broke about McConnell’s "private meeting" with Wall Street bigwigs, he stormed onto the Senate floor to spout <\/strong>false attacks<\/strong><\/a> on Democratic efforts to hold those bankers accountable<\/strong>. The timing was no coincidence.<\/p>\n

Republicans are brazenly playing politics by putting the needs of big banks and credit card companies above struggling American families<\/strong>. Now is the time to hold Wall Street accountable for causing the worst recession in a generation\u2026 [emphasis added<\/em>]<\/p>\n<\/blockquote>\n

Inserted from <Huffington Post<\/a>><\/p>\n

Rachel Maddow and Howard Fineman debunk the GOP lies and expose the source of the script for their talking points.<\/font><\/p>\n

<\/embed><\/object><\/font><\/p>\n

Visit msnbc.com for breaking news<\/a>, world news<\/a>, and news about the economy<\/a><\/p>\n<\/p>\n

Let the GOP lie.  But we must keep pointing out their lies and making people aware that they are accusing Democrats of doing exactly what the GOP is doing.  The problem with the legislation under discussion is that it does not go far enough.<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s health care reform all over again. In February, the Wall Street Journal reported that Republicans were "stepping up their campaign to win donations from Wall Street. 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 […]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1170","post","type-post","status-publish","format-standard","hentry","category-politics","category-5-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/1170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/comments?post=1170"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/1170\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/media?parent=1170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/categories?post=1170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/tags?post=1170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}