Tag: Financial Reform
Tornoe’s Toon: Kaufman’s Baton
If you’d like to contact me, feel free to drop me a line at robtornoe@delawareliberal.net. You can also follow me on twitter @RobTornoe. And make sure you pick up The Community News, The Dover Post, The Middletown Transcript or any of the Dover Post papers throughout the state to check out my cartoons every week.
The Myth of the $50 Billion Bailout Fund
In a stunning display of either a lack of short-term memory or full-blown dementia, Congressional Republicans are taking the exact same losing playbook they used during the health care reform fight and are now applying it to the financial reform battle. Just as they did before, they have all latched on to a memo written […]
Republicans’ False Populism
Republicans have been pretty shameless in their attempts to exploit the financial crisis for electoral gain. Even though the bailouts were done under Bush, they’ve managed to pretend it was all Obama’s fault. Now Republicans have been pretty shamelessly pushing talking points that the new financial regulation bill will create more taxpayer bailouts despite the […]
The Senate Releases Its Financial Reform Plan
The Senate’s financial reform plan was released yesterday by Sen. Chris Dodd: The plan would create a nine-member council, led by the Treasury secretary, to watch for systemic risks, and direct the Federal Reserve to supervise the nation’s largest and most interconnected financial institutions, not just banks. But the bill, which would amount to the […]
Does Mike Castle Oppose The FDIC Too?
Last week the U.S. House passed an ambitious financial overhaul package. The vote count was 223-202, with some Blue Dogs voting with all Republicans (including Mike Castle) against the bill. Mike Castle released this statement about his vote: “Since the financial crisis began, I have worked with my Republican and Democrat colleagues in the House […]
Looking Ahead: What Are The Next Big Congressional Fights?
Health care reform is now entering the final phases of becoming a law – negotiation. Right now the big fight is what kind of public option we’ll get – triggered, opt out, robust (Medicare + 5) or level playing field. It’s certainly no reason to relax but let’s look ahead to what’s next on the […]
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