First Test Vote on Wall Street Reform Bill Failed

Washington, D.C. (Apr 26) – Just moments ago the Senate voted to block moving forward on the Wall Street Finance Reform Bill, 3.3217. Senate Republicans were successful, and will now proceed with their filibuster once again stalling much needed legislation necessary to ensure the nation’s economy never again fails at the hands of a few wealthy financiers.

After months of debate, it would appear that any chances of preventing the taxpayers being forced to shell out the nation’s most wealthy businesspersons, and paying those bonuses out of our pockets have in fact failed.

All forty-one of the Senate republicans stood hand-in-hand, along with one Senate Democrat Nelson (D-NE) successfully blocked placing this much-needed legislation on to the Senate floor for debate.

If the one and only accomplishment that has, come out of this gathering of the Senate this year is truly nothing. Only one major bill managed to make it back to the House and pass this year so far, the Health Care Reform Bill.

There is so much work to be done in jobs creation, help for the unemployed, environmental issues, all to which will simply be stalled or blocked by the republican party giving this country only one hope, the November 2010 elections. If the elections swing favorably for the American, people and the Democrats regain the majority then, this nation stands the chance of moving forward. Otherwise, this nation is going to be looking at a sinking economy well into the 2012 national elections for the main purpose of making the Republican party look favorable during the campaigns.

Posted by rgrone on April 26, 2010. Filed under economy,National News,News,Politics,Press Release,Right Wing,US Politics,WorldNewsVine. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.