Friday, April 23, 2010

Financial Reform - Blocked in US Senate

The New York Times: Reports that US Republican Senators have blocked President Obama's financial reform bill in the US Senate, the Republicans argue that its bailout charter for Wall Street. This is a good move by the Republicans, if they can paint Obama as an ally of Wall Street vs Main Street they can use this in the 2010 Mid Term Elections. The US voter is sick to death of Government spending, if the Republicans can make it stick that Obama is funding Wall Street abuse of the tax payer then they could take the House and the Senate. Its an election year folks, everything is fair game, politics never ends, that is the Chicago Way.

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