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View Full Version : Obama oppossed to only one amendment to the financial regulation bill



low preference guy
05-01-2010, 06:36 PM
Guess which one is it?


Obama administration officials have declined to weigh in on any specific amendments, with one exception: a move by Sen. Bernie Sanders (I., Vt.) to give the government more power to audit certain operations at the Federal Reserve. Fed and administration officials have signaled they would fight to stop it at all costs. Mr. Sanders has more than a dozen co-sponsors.

"I can't predict, but I think we've got a good chance to pass it," Mr. Sanders said.


Sponsored by Sen. Bernie Sanders (I-Vt.), the language is modeled after an amendment that passed the House, sponsored by Reps. Alan Grayson (D-Fla.) and Ron Paul (R-Texas).

Sanders is joined by four Republicans of varying politics: John McCain (Ariz.), Jim DeMint (S.C.), David Vitter (La.) and Sam Brownback (Kan.). If Democrats in the Senate back the measure, it would have at least 63 votes, but Banking Committee Chairman Chris Dodd (D-Conn.) is opposed and has argued against a broad audit.



http://www.dailykos.com/storyonly/2010/4/30/862289/-Three-Key-Amendments-to-Wall-Street-Reform-(Actually,-Four)
Wolverine302
05-01-2010, 07:08 PM
http://www.chrkcheung.com/images/misc/facepalm.gif
QueenB4Liberty
05-01-2010, 07:16 PM
Ugh.
ChaosControl
05-01-2010, 08:11 PM
Of course, he is so bought off he'd never support any kind of actual transparency.
Chester Copperpot
05-01-2010, 08:14 PM
Those yellow rat bastards..
RM918
05-01-2010, 08:15 PM
Is this even the actual audit or the horseshit audit they swapped Paul's out with?

This is a thing I hate about the committee system. When one man can stomp a ton of others, even a good number of his fellow lawmakers, in the dirt just because he's on a committee and nothing can be done about it.
Fozz
05-01-2010, 08:31 PM
Is this even the actual audit or the horseshit audit they swapped Paul's out with?

This is a thing I hate about the committee system. When one man can stomp a ton of others, even a good number of his fellow lawmakers, in the dirt just because he's on a committee and nothing can be done about it.

Mel Watt's move was defeated and the regulation bill with RP's audit was already passed in the House.
RM918
05-01-2010, 08:33 PM
Mel Watt's move was defeated and the regulation bill with RP's audit was already passed in the House.

No, they did it AGAIN in the senate. I forget who did it.
low preference guy
05-01-2010, 08:37 PM
this amendment is to put Ron Paul's language.
Fozz
05-01-2010, 08:43 PM
No, they did it AGAIN in the senate. I forget who did it.

Bernie Sanders inserted the audit bill into the Senate version. He was the first Senator to support RP's audit bill, and was the original sponsor of the Senate version.
low preference guy
05-01-2010, 08:50 PM
Bernie Sanders inserted the audit bill into the Senate version. He was the first Senator to support RP's audit bill, and was the original sponsor of the Senate version.

But Sanders' language is not in the senate version right now, Sanders proposed this amendment to fix that. We'll see if it passes.