“President Barack Obama accused Republicans on Saturday of spreading misinformation about a Democratic bill that aims to tighten oversight of Wall Street banks and their practices.”
One thing is for sure, the Republicans are going to still oppose ANYTHING Obama proposes. Anything. This following quote really spells out their tactics from the moment Obama became President.
“All 41 Republicans in the 100-seat Senate expressed their opposition to the bill in a letter on Friday but said they were willing to work with Democrats on the issue.”
Notice the lock-step attitude even when they claim they’re “willing to work with Democrats.” Does that sound like they’re really going to look at the issues, or continue to do what they have been doing? That is, being the Party of “NO,” because they got kicked out of power by a majority of Americans and resent it. They long for the “good old days” when Bush plunged the country into economic chaos and took Americans rights away with things like the so-called “Patriot Act.”
"What is clear is that this crisis could have been avoided if Wall Street firms were more accountable, if financial dealings were more transparent, and if consumers and shareholders were given more information and authority to make decisions," Obama said in his weekly address.”
Obama’s above quote is based upon facts, things discovered after the Wall Street traders schemes were exposed. This what what he’s trying to prevent from happening again, but the Republicans, in full partisan fever, don’t care. They just want to see Obama fail at anything. A pathetic goal to be sure, but it’s what they’ve embraced.
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