Comment

Michele Bachmann (R-Mars): Glazed

817
Gus8/09/2011 8:19:09 am PDT

re: #816 Targetpractice, Worst of Both Worlds

Thing is, the GOP isn’t the only one with their fingerprints on this. The Democrats could have, in the past 2 years, taken on the banks and the ratings agencies. They certainly would have had plenty of public support in doing so. But they waved off that responsibility, making excuses about how doing so would “hurt” chances of a recovery and would “spook” Wall Street. So now, we’re left with banks that got saved with our tax dollars, but continue to bear absolutely no responsibility for their actions.

Whether it was willful collusion or weak-willed cowardice, I don’t know, but the Democrats had a duty to make the banks accountable and they shirked it.

True. And that has been proven difficult in getting the Democrats “on our side” with politicians like Schumer and Dodd. Regardless of Dodd’s financial reform rhetoric and legislation. Wall Street made record contribution to the Democrats in the 2008 cycle. This is America. Big money comes first. About the only ones that make any waves are Democrats like Bernie Sanders. The rest? Well, politics as usual and the while the Republicans won’t give you shit, the Democrats will only give you a bandaid.