Tag Archives: senate

Nay On Brown-Kaufmann – A Vote For Wall Street Or Sound Policy?

I strongly disagree with Mike’s contention that Democrats who voted for Wall Street sold out by voting down the Brown–Kauffman amendment.  I understand the frustration with a political system that seems beholden to special interest groups, especially those from Wall Street.   However, I believe that voting down this amendment was a sound policy decision, not an act of fealty to the financial sector

We need financial reform, but we need reform that is substantive and on point, not amendments… Read More

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It’s Kagan

Rumor has it that when President Obama announced Solicitor General Elena Kagan to the Supreme Court this morning, Vice President Biden, standing next to him, pulled him over and whispered in his ear, “This is a good fucking choice.”

But seriously. The suspense is over: what we all suspected to happen has, indeed, happened. Late last night the news broke that Elena Kagan has been tapped by President Obama to replace Justice John Paul Stevens on our… Read More

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Democrats Vote For Wall Street, Show True Colors

Last night the Democrats voted down the Brown-Kaufman amendment to break up and cap the size of the TBTF banks. While Wall Street, their PR firms, and their economist allies have all cleverly thought of ways to get around the TBTF problem without having to do the unthinkable and break up the giant, behemoth banks (telling the public, for instance, that it’s not that they’re too big, it’s that they’re too interconnected) no one buys it. The reason we needed to… Read More

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It’s Official: Leg Session In Albany Next Week

It’s official. The Legislature will be returning to Albany for a special session at noon next Tuesday. Gov. David Paterson issued a proclamation this afternoon calling lawmakers back to the Capitol.

On the agenda – or rather, on HIS agenda, since the legislators are not legally required to address anything they don’t want to – are: Paterson’s $5.2 billion two-year deficit reduction plan, gay marriage and the spending cap/circuit breaker proposal.

You know what that means, folks: get your butts… Read More

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