Sen. Harry Reid: GOP Making Sweet Love to Wall Street
May 5, 2010
(ChattahBox)—The slow pace of reforming the runaway greed on Wall Street is starting to get to Senate Majority Leader Harry Reid (D-NV). Already exhausted from breaking a Republican filibuster to a bill bringing the reform bill to the floor, just for debate, Reid clearly frustrated, spoke out against GOP obstructionism today, using quote-worthy remarks.
With Marvin Gaye’s “Let’s Get it on” playing in the background, (not really I made that part up), Harry Reid blasted Republicans for playing games with the country’s financial future, by continuing to block amendments to the bill. He echoed previous attacks against Republicans for working for Wall Street’s interests, instead of main street’s:
“Republicans are having difficulty determining how they can continue making love to Wall Street,” Reid said at a press conference this morning. “It’s obvious that they do not want to put any decent restrictions on what Wall Street has done or [is] doing.”
Reid’s remarks may have worked to pressure Republicans to agree to a bipartisan deal. Sen. Chris Dodd (D-CT) chairman of the banking panel announced changes to the bill supposedly agreed to by top Republicans, including Sen. Richard Shelby (R-Al) that drops the bank-funded winding down fund when a bank fails. Instead, banks would be taxed to pay for a collapse.