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President Obama presses GOP on consumer watchdog delay

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cal04 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-10-11 07:40 AM
Original message
President Obama presses GOP on consumer watchdog delay
Edited on Sat Dec-10-11 07:44 AM by cal04
Source: Associated Press

President Barack Obama is pressing congressional Republicans to approve his pick to head a new consumer watchdog office, promising he won't back down on his effort to protect middle-class Americans from deceptive business practices and prevent another financial meltdown.

Every day America has to wait for a new consumer protection watchdog is another day that dishonest businesses can target and take advantage of students, seniors and service members," Obama said Saturday in his weekly radio and Internet address. "So I refuse to take `no' for an answer. Financial institutions have plenty of high-powered lawyers and lobbyists looking out for them. It's time consumers had someone on their side."

(snip)
Obama also reiterated his push for congressional Republicans to extend the Social Security payroll tax cut, which is set to expire at the end of the year.

(snip)
"No one should go home for the holidays until we get this done," Obama said. "So tell your members of Congress, `Don't be a Grinch.' Tell them to do the right thing for you and for our economy."

Read more: http://www.boston.com/news/nation/washington/articles/2011/12/10/obama_presses_gop_on_consumer_watchdog_delay/



http://www.reuters.com/article/2011/12/10/us-obama-cordray-idUSTRE7B71NZ20111210?feedType=RSS&feedName=politicsNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Reuters%2FPoliticsNews+%28News+%2F+US+%2F+Politics+News%29


President Obama says won't take "no" on consumer watchdog
President Barack Obama on Saturday said he will not take "no" for an answer on his nominee to head a new consumer watchdog agency, despite Republicans vowing to block him.
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DCKit Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-10-11 07:55 AM
Response to Original message
1. THAT's the guy we elected. Where's he been? nt
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yodermon Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-10-11 12:17 PM
Response to Reply #1
3. ..bcz now he can say "I tried to play nice for the 1st 2 years and you blocked me
so now it's game-on"
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SemperEadem Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-10-11 11:50 AM
Response to Original message
2. force them to spend the holidays on the hill away from their families
Edited on Sat Dec-10-11 11:51 AM by SemperEadem
in order to prevent the pres from doing a recess appointment... make that shit hurt for the obstructionists.

they're there to do a god damn job and it's high time they did it.
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timefortherevolution Donating Member (321 posts) Send PM | Profile | Ignore Sat Dec-10-11 03:16 PM
Response to Reply #2
4. Obama doesn't have the guts to do a recess appt..too afraid
of offending the repubs
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ElMuertoMonkey Donating Member (9 posts) Send PM | Profile | Ignore Mon Dec-12-11 06:32 PM
Response to Original message
5. It's hard to compromise when the other guy won't budge
It's hard to compromise when the other guy won't budge an inch.

I'm not sure what conservatives define a compromise as, but in the dictionary, a compromise is both sides giving up something to get some (not all) of what they want.

The GOP has thus far refused to give up anything... which is not surprising given their avowed strategy of obstructionism in an effort to make Obama and the government in general look ineffective, unresponsive, and wasteful.

And it looks like some folks have fallen for that little trick...

I'm not surprised.
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