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Chris Dodd and Richard Shelby (R-AL) "working closely," "broadly agree" on some things

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mcablue Donating Member (625 posts) Send PM | Profile | Ignore Thu Dec-24-09 01:37 PM
Original message
Chris Dodd and Richard Shelby (R-AL) "working closely," "broadly agree" on some things
Edited on Thu Dec-24-09 01:41 PM by mcablue
Meet the new Jane Hamsher. Senator Chris Dodd (Just kidding. His agreements with an ultra-rightwinger aren't bad because he hasn't been criticizing Obama lately. Hamsher's agreements with an ultra-rightwinger are bad though, because I don't like her):

12-24-09: "The top Democrat and Republican working on the Senate bill to overhaul regulation of U.S. financial markets outlined the goals they share, and said they hoped to resolve differences on the measure before lawmakers return in January.

Sens. Christopher Dodd (D., Conn.) and Richard Shelby (R., Ala.) issued a joint statement Wednesday saying that discussions in recent weeks between Democrats and Republicans had been "extremely productive."

Mr. Dodd circulated draft legislation several weeks ago, but it immediately ran into opposition from lawmakers on the banking panel, including Mr. Shelby. Mr. Dodd agreed to make changes and to work closely with the Alabama Republican in an effort to reach a deal on the bill, which would be difficult to pass in the Senate without any Republican support. The House passed legislation to overhaul financial regulation Dec. 11, but no Republicans voted for it and more than two dozen Democrats voted against it.

The two lawmakers said they broadly agreed on no longer treating firms as "too big to fail," and on strengthening consumer protections. The latter issue is expected to be an area of contention between Republicans and Democrats, particularly the Obama administration's proposal to create a new Consumer Financial Protection Agency."
http://online.wsj.com/article/SB126161432775403565.html

They are now referred to as the "Bipartisan duo."

The following graph shows Shelby's position in the liberal/conservative spectrum:


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Zynx Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-24-09 01:40 PM
Response to Original message
1. Richard "Let 'em FAIL!!!" Shelby? Good God. If he had gotten his way we would
have seen 30% unemployment by now. I would really love to see what would have happened when all of those business credit lines, deposits, credit cards, and home equity lines suddenly all slammed shut. People who think we would have come through that okay are smoking dope and Dick Shelby is one of them.
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BzaDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-24-09 08:45 PM
Response to Reply #1
4. The sad part is that many on DU agreed with Shelby
with regards to the bailouts.
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Schema Thing Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-24-09 01:46 PM
Response to Original message
2. what specifically do you disagree with in their proposed legislation?
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mcablue Donating Member (625 posts) Send PM | Profile | Ignore Thu Dec-24-09 08:41 PM
Response to Reply #2
3. Nothing at all. Neither do I disagree with investigating Rahm
Some Hamsher haters have said that the mere fact that she joined Norquist in seeking a goal makes her a traitor.
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FLAprogressive Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-24-09 09:10 PM
Response to Original message
5. You hate Jane Hamsher but love Corporate Chris Dodd???
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-24-09 09:12 PM
Response to Reply #5
7. I has problems with the OP's comment about her, too....
Sheesh...
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depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-24-09 09:11 PM
Response to Original message
6. Jane sort of jumped the shark with Bernie
not the brightest hissy fit to have thrown....
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