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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRomney: GOP has 'misspoken' on regulation (looks like Mitt needs a diversion)
Romney: GOP has 'misspoken' on regulation
Posted by
CNN's Ashley Killough
(CNN) Speaking on foreign turf, Mitt Romney offered some criticism of his own party on Thursday, saying the GOP sometimes uses the wrong phrasing when it comes to regulation reform.
"We have in our party, I think, on occasion misspoken by just saying we're for deregulationto some that means we want to get rid of all regulation. That's not true," Romney said at a fundraiser in London, according to pool reports.
<...>
He then reiterated his opposition to the so-called Dodd-Frank bill, also known as the financial reform bill signed into law by President Barack Obama in 2010. The bill was designed to reign in risky practices and prevent another Wall Street meltdown similar to the one that occurred in 2008.
<...>
He emphasized a need for "greater transparency in the trading of derivatives" and "capital requirements for banking institutions so that people don't go out and leverage themselves to the point where any small hiccup could cause the entire institution to fail."
- more -
http://politicalticker.blogs.cnn.com/2012/07/26/romney-gop-has-misspoken-on-regulation/
Posted by
CNN's Ashley Killough
(CNN) Speaking on foreign turf, Mitt Romney offered some criticism of his own party on Thursday, saying the GOP sometimes uses the wrong phrasing when it comes to regulation reform.
"We have in our party, I think, on occasion misspoken by just saying we're for deregulationto some that means we want to get rid of all regulation. That's not true," Romney said at a fundraiser in London, according to pool reports.
<...>
He then reiterated his opposition to the so-called Dodd-Frank bill, also known as the financial reform bill signed into law by President Barack Obama in 2010. The bill was designed to reign in risky practices and prevent another Wall Street meltdown similar to the one that occurred in 2008.
<...>
He emphasized a need for "greater transparency in the trading of derivatives" and "capital requirements for banking institutions so that people don't go out and leverage themselves to the point where any small hiccup could cause the entire institution to fail."
- more -
http://politicalticker.blogs.cnn.com/2012/07/26/romney-gop-has-misspoken-on-regulation/
Speaking of "greater transparency," where are your tax returns, Mitt?
London Fund-Raisers Put Romney in a Scandals Glare
http://www.democraticunderground.com/1002982711
"Did you know that Romney had a serious stake in the CDO-Derivatives game?"
http://www.democraticunderground.com/1002999369
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Romney: GOP has 'misspoken' on regulation (looks like Mitt needs a diversion) (Original Post)
ProSense
Jul 2012
OP
ProSense
(116,464 posts)1. Kick for
the Etch-A-Sketch diversion.
nc4bo
(17,651 posts)2. Flip. Flop.
Off message. Not towing the line. Loose cannon alert
rustydog
(9,186 posts)3. I believe Mittens. he and the GOP want to get rid of regulations selectively
workers protections. God forbid that BP was only able to kill 11 in the gulf. If Mitt and company can be allowed to completely de regulate safety laws, they can kill thousands more.
They want to regulate their competition.
They want to regulate the little people, you know: "You People"