Democrat Chicanery: When Is a Banking Bill not a Banking Bill?

Democrat Chicanery: When Is a Banking Bill Not a Banking Bill?

Deceptive practices have become as commonplace in this Congress and White House as President Obama’s best friend, his trusty teleprompter without which he can’t string 3 sentences together without fouling them up.

The latest congressional outrage came today with Senate passage of the “banking bill” which is as much about payback to special interests as it is about banking. The latest White House outrage came last week with the recess appointment of Dr. Donald Berwick as Obama’s Obamacare Czar.

Question: When Is a Banking Bill Not a Banking Bill? Answer: When it becomes a Social Welfare Reform Bill.

Cobbled together over a year under the direction of Democrat Sen. Chris Dodd and Democrat Rep. Barney Frank, the 2300 or 2400 page–no one seems to have counted the pages or read the thing–”monstrosity” was largely crafted by those two principals who also happen to be two of the prime unindicted criminals in the near-collapse of the banking system.

With no new regulation or oversight of Fannie Mae and Freddie Mac, the 2 quasi-governmental bodies most responsible for that near-collapse, the bill squeaked through on a 60-39 vote thanks to the abdication of three Senate RINOs, Brown, Collins, and Snowe.

Obama is sure to sign the bill in short order . . .
(Read more at http://www.genelalor.com/blog1/?p=1787)