Wall Street vs Main Street - Economic Reform

The New York Times: Reports on the successful effort last night by Republicans to block Obama's Reform of Wall Street. The Republicans have argued that the Reform allows for more Government bailout of Wall Street, the issue on the face of it should be a net plus for Obama, but the Republicans have been successful in creating the impression that the Reform Bill is pro Wall Street. The Republicans want to remove a 50 Billion safety net for Wall Street, if the Republicans can create the impression that Obama is all spin and is more pro Wall Street than Main Street this will help in the 2010 Mid Term Elections. The White House has stated that it wants to get rid of the safety net but it is still there, thus one has to ask who is placing pressure on Democrats to keep the safety net, one suspect is Wall Street.