General Discussion

Purveyor

(29,876 posts) Wed Dec 10, 2014, 01:54 PM Dec 2014

Sen. Elizabeth Warren Tells House Dems Not To Support Omnibus

Sen. Elizabeth Warren (D-Mass.) told House Democrats to block a government spending bill until an add-on that weakens financial reforms is removed.

“I urge my Democratic colleagues in the House to withhold support for it until this risky give away is removed,” Warren said on the Senate floor Wednesday.

The House is voting this week on a $1.1 trillion “cromnibus” that aims to keep most of the government funded through September 2015. If Congress doesn't act by Dec. 11, the government will shutdown.

Warren said Republicans are threatening a government shutdown unless the bill includes repeals to the Dodd-Frank financial reform law. She said the provision “goes too far” and would allow big banks to be bailed out by the government after making risky trades.

“Republicans are threatening to shutdown the government if they don’t get a chance to repeal it,” Warren said. “Why? It’s about money and it’s about power.”

more...

http://thehill.com/blogs/floor-action/senate/226633-warren-tells-house-dems-not-to-support-omnibus

14 replies

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Highlight:

Sen. Elizabeth Warren Tells House Dems Not To Support Omnibus (Original Post) Purveyor Dec 2014 OP

K&R woo me with science Dec 2014 #1

K&R! TeamPooka Dec 2014 #2

K&R Mass Dec 2014 #3

Citi WROTE the original legislation and handed it to Democrat Jim Himes last year. pa28 Dec 2014 #4

They are so lazy and arrogant. They don't even try to hide the fact that we live in a plutocracy. Rex Dec 2014 #11

k&r HappyMe Dec 2014 #5

K & R !!! WillyT Dec 2014 #6

I'll bet the Republicans are doing this hoping the Dems will allow the gov't to shut down so we can okaawhatever Dec 2014 #7

both parties' reputation was hurt with the American people during the last liberal_at_heart Dec 2014 #8

The Dems should fight it, HappyMe Dec 2014 #13

THANK YOU! Rex Dec 2014 #9

hey, the republicans shut down the gov't last fall and won the senate... spanone Dec 2014 #10

Yes! That's what leadership looks like. AtomicKitten Dec 2014 #12

kick woo me with science Dec 2014 #14

woo me with science

(32,139 posts)

1. K&R

Reply to Purveyor (Original post)

Wed Dec 10, 2014, 02:24 PM

Dec 2014

TeamPooka

(24,230 posts)

2. K&R!

Reply to Purveyor (Original post)

Wed Dec 10, 2014, 02:34 PM

Dec 2014

Mass

(27,315 posts)

3. K&R

Reply to Purveyor (Original post)

Wed Dec 10, 2014, 02:41 PM

Dec 2014

It is shameful to accept the GOP blackmail. Let Boehner own his bill.

pa28

(6,145 posts)

4. Citi WROTE the original legislation and handed it to Democrat Jim Himes last year.

Reply to Purveyor (Original post)

Wed Dec 10, 2014, 04:42 PM

Dec 2014

Disgusting.

http://dealbook.nytimes.com/2013/05/23/banks-lobbyists-help-in-drafting-financial-bills/?ref=politics&_r=0

Rex

(65,616 posts)

11. They are so lazy and arrogant. They don't even try to hide the fact that we live in a plutocracy.

Reply to pa28 (Reply #4)

Wed Dec 10, 2014, 05:16 PM

Dec 2014

Just do whatever their corporate masters tell them to do.

HappyMe

(20,277 posts)

5. k&r

Reply to Purveyor (Original post)

Wed Dec 10, 2014, 04:47 PM

Dec 2014

I certainly hope they listen to her.

WillyT

(72,631 posts)

6. K & R !!!

Reply to Purveyor (Original post)

Wed Dec 10, 2014, 05:01 PM

Dec 2014

okaawhatever

(9,462 posts)

7. I'll bet the Republicans are doing this hoping the Dems will allow the gov't to shut down so we can

Reply to Purveyor (Original post)

Wed Dec 10, 2014, 05:02 PM

Dec 2014

get the bad press they got last time. I know if the Republicans had shut down the gov't closer to election time it would have affected the outcome. This is a no-win for Dems. They either fight the Repubs and allow the gov't to shut down hurting us in 2016 or they go along with it and the banks win. At least some Dems got the language changed to where it only includes SOME derivatives and not ALL like the Repubs original amendment.

You know, if we had a free and fair press this wouldn't be an issue. They would let the American people know what was going on and the American people would never approve of being on the hooks for more banks.

liberal_at_heart

(12,081 posts)

8. both parties' reputation was hurt with the American people during the last

Reply to okaawhatever (Reply #7)

Wed Dec 10, 2014, 05:13 PM

Dec 2014

budget show down. I don't think either party wants a repeat of what happened. That's why it is going so smoothly this time. I would still rather the Democrats fight though. A showdown might hurt the Democrats temporarily but if they were to show that they really cared about the American people eventually the people would start coming around. But it will take more than not letting banks write legislation to get the American people to support the Democratic Party again. The Democratic Party has to start fighting for unions, pensions, a real living wage, making a real increase to the cost of living increases to SS checks(how long has it been stuck at 1.7% now? As if the cost of living only increased by 1.7%), increase to K-12 and university education spending at the federal and state level. The American people will not trust either party again until we start seeing legislation that truly represents the people, not the richest of the rich. That starts with standing up to the banks and I would also add that they must fight for peoples' pensions in this budget. If they don't the trust between the government and the American people will continue to erode.

HappyMe

(20,277 posts)

13. The Dems should fight it,

Reply to okaawhatever (Reply #7)

Wed Dec 10, 2014, 05:30 PM

Dec 2014

if it shuts down . I really think they need to step up here and fight for something.

Rex

(65,616 posts)

9. THANK YOU!

Reply to Purveyor (Original post)

Wed Dec 10, 2014, 05:15 PM

Dec 2014

It's always about money and power and these dumbfucks would rather get us all killed off, than spend a single day on the job doing their job!

We so few reps that actually give a shit about us. It's depressing.