Suppose there was a magic button. The button only responded to Republicans in the House and the Senate. If they pushed the button, unemployment would go down, the economy would improve at a steady rate, and the U.S. would begin its climb out of the current recession.
Do you think Republicans would push that button?
This week they rejected President Obama’s nominee to head up the Consumer Financial Protection Bureau. This was one of the centerpieces of the Obama administration’s policies; it was designed to bring the financial institutions that helped to cause the current crisis under control. Because of Republican opposition, Elizabeth Warren was not even nominated for the post, and now Republicans have blocked the new nominee, Richard Cordray. It’s nothing personal. What they demand is changes in the Consumer Financial Protection Bureau to render it toothless.
Two conclusions can be drawn. First, Republicans represent financial institutions, not their customers. Second, the last thing Republicans want is for the economy to improve. They will do what they can to prolong the recession in order to win the 2012 presidential and congressional elections. They put electoral victory ahead of everything else. They are putting party ahead of country. You know that as well as I do, even if you are a Republican.
The republicans have a button that they push an awful lot. It's the button for campaign donations and who knows what else.
ReplyDeleteAt least in the case of Elizabeth Warren, she may very well have the last laugh. As she is now leading in Massachusetts for her election to the senate.
Here in Illinois we now have Joe Walsh running in our district. Yes, I will be involved in seeing his defeat. Him and his 86 buddies need to be thrown out now!