2014-12-12 US: Get ready for the big robbing of the people by the banks...
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"Pelosi marshaled her caucus against the bill even after the White House urged support. The administration said the bill "provides certainty," even though it did not like the Wall Street gift.
But Pelosi savaged it is a scathing floor speech. "This is ransom, this is blackmail," Pelosi said. "We don't get a bill unless Wall Street gets its taxpayer-funded coverage."
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"Pelosi marshaled her caucus against the bill even after the White House urged support. The administration said the bill "provides certainty," even though it did not like the Wall Street gift.
But Pelosi savaged it is a scathing floor speech. "This is ransom, this is blackmail," Pelosi said. "We don't get a bill unless Wall Street gets its taxpayer-funded coverage."
The
controversial provision lets taxpayer-insured banks conduct the sort of
derivatives trading that Dodd-Frank barred them from engaging in after
the 2008 financial meltdown. Compliance has repeatedly been delayed,
however, and was not set to kick in until next summer. "
http://www.huffingtonpost.com/…/government-shutdown-avoid_n…
http://www.huffingtonpost.com/…/government-shutdown-avoid_n…
WASHINGTON
-- At least Democrats will have eggnog to wash down the poison pills
they swallowed on Thursday as the House narrowly passed a government
funding...
huffingtonpost.com
