Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Think Progress - "Romney: Id Like To Repeal Wall Street Reform" - Romney A Moderate? Really?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
TomCADem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 02:46 AM
Original message
Only on DU can Democrats be accused of being secret Republicans while the same folks argue that Mitt Romney is a moderate who would be no different, if not better than President Obama, despite Romney openly courting Tea Partiers, and denying the science behind climate change. However, as if we need more evidence, here is a reminder that Mitt Romney, former head of Bain Capital, is promising to repeal Financial Reform.

http://thinkprogress.org/economy/2011/08/25/303967/romn... /


With the constant stream of Wall Street donations flowing into his campaign coffers, it was only a matter of time before GOP presidential candidate Mitt Romney called to repeal Wall Streets number one enemy the 2010 Dodd-Frank financial reform law. Though Congress enacted the law to provide vital consumer protections and to prevent Wall Street from spurring another financial crisis, Republicans have continually attempted to cripple the law piecemeal, either by attacking the Consumer Financial Protection Bureau or weakening derivatives regulation. But Romney decided yesterday that a repeal of the law was necessary because, in part, the laws length is too overwhelming:

The extent of regulation in the banking industry has become extraordinarily burdensome following Dodd-Frank, Romney told a roundtable of 18 businessmen at The Common Man Restaurant.

Id like to repeal Dodd Frank, recognizing that some revisions make sense, Romney said. <...>

He said, the 2,000 pages of the bill are overwhelming for community banks and the fact that pages of rules must still be written creates too much uncertainty.


Printer Friendly | Permalink |  | Top
WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 03:46 AM
Response to Original message
1. You know what is overwhelming Mr. Romney....
listening to you fawning over the guys with the money...
Printer Friendly | Permalink |  | Top
 
Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 03:54 AM
Response to Original message
2. Show all these posts that say Romney would be better than obama
You bitch a lot about DU for being a freeloader.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue Jul 23rd 2019, 02:03 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC