It appears likely that the Democratic-sponsored package of financial reforms (a.k.a. the Dodd Bill) will come to a vote in the Senate this week. Will the R's play nice, or will we endure a pointless fillibuster? Their initial knee-jerk reaction was pathetically predictable -- Boehner and McConnell immediately told us the bill was "not what the American people want". (These two always seem to know what the people want. They must be very smart!) They also told us the bill will significantly increase the possibility of future bank bailouts. (It does no such thing, of course. It does the opposite. But why skip an opportunity to sow doubt and confusion?)
Then, after a moment's reflection, it dawned on the Glimmer Twins that it was indeed the bad actors at Big Banks and on Wall Street that brought us the stock market collapse, the worst recession since the Great Depression of 1929, the loss of 8 million jobs, big drops in home values, mushrooming foreclosures, taxpayer bailouts of banks, insurance companies and automakers, and happily waltzed us all to the brink of the economic abyss and that maybe the American people want something done about it after all. Well, duh! I mean, Jesus, even right-wing apologist Ben Stein is in favor of passing the Dodd Bill. An amendment or two could strengthen it, but even if that doesn't happen it's still a move in the right direction. The thing will pass.
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