« BACK  |  PRINT

RS

MEMBER DIARY

Democrats Speak Against Corporate Welfare, Vote to Continue TARP Bailouts

By: Brian Faughnan (Diary)  |  January 22nd, 2010 at 05:04 PM  | 

RESIZE: AAA

Gee, in the week that Democrats suddenly decided that they needed to rebrand themselves as populist crusaders, you’d think that a massive vote in favor of more corporate bailouts would attract some attention:

The Senate Thursday killed a Republican attempt to shut down the Wall Street bailout program.

The defeated proposal would have barred the Treasury Department from releasing any funds remaining from the $700 billion bailout passed last fall. It would not have affected repayment rules for banks and other recipients of bailout money.

GOP Sen. John Thune of South Dakota, who sponsored the amendment, said repealing Treasury’s bailout authority would block Democrats from using the money to finance spending legislation such as a promised “jobs” bill. Thune said about $320 billion is still available.

Here is the list of Democrats who voted to continue to allow Barack Obama to use the TARP program as a slush fund for grants to big corporations and banks:

Akaka (D-HI)
Baucus (D-MT)
Bingaman (D-NM)
Boxer (D-CA)
Brown (D-OH)
Burris (D-IL)
Cantwell (D-WA)
Cardin (D-MD)
Carper (D-DE)
Casey (D-PA)
Conrad (D-ND)
Dodd (D-CT)
Dorgan (D-ND)
Durbin (D-IL)
Franken (D-MN)
Gillibrand (D-NY)
Harkin (D-IA)
Inouye (D-HI)
Johnson (D-SD)
Kaufman (D-DE)
Kerry (D-MA)
Kirk (D-MA)
Klobuchar (D-MN)
Kohl (D-WI)
Landrieu (D-LA)
Lautenberg (D-NJ)
Leahy (D-VT)
Levin (D-MI)
Lieberman (ID-CT)
McCaskill (D-MO)
Menendez (D-NJ)
Merkley (D-OR)
Mikulski (D-MD)
Murray (D-WA)
Reed (D-RI)
Reid (D-NV)
Rockefeller (D-WV)
Sanders (I-VT)
Schumer (D-NY)
Shaheen (D-NH)
Specter (D-PA)
Stabenow (D-MI)
Udall (D-NM)
Warner (D-VA)
Whitehouse (D-RI)

Don’t these Senators read their own party’s talking points? However much money Barack Obama may have showered on big business last year, favors for Wall Street are out now. President Obama won’t need an additional $320 billion to pass out to his friends, because those days are over. Obama has gotten religion – in the form of a 2×4 to the head, courtesy of the voters of Massachusetts. Obama and his friends in Congress say the days of the corporate handout are over.

Except for this last $320 billion, apparently.

Tags: ,

COMMENTS

POSTING RULES  |  LOGIN TO COMMENT  |  REGISTER TODAY
  • http://www.nighttwister.com NightTwister

    When he wakes up in the morning the first thing he does is go find out how Schumer wants him to vote that day.

    When you’re six points behind someone (Tom Weins) who the locals can’t even tell if he’s actively campaigning, you better be worried.

    • http://fairfaxgardener.blogspot.com ddstrain

      Called his DC and Richmond offices today with a couple requests/comments.

      1. Please explain where all this new found desire to work in a bi-partisan manner came from. We sure have not seen any evidence of a bi-partican approach for 1 year and 2 days.

      2. Please explain why the EPA now deems the byproduct of natural human respiration as a pollutant….and what do you intend to do about it.

      3. Be advised that the sudden shift of the President and the Dems in Congress to being populists full of disdain for bankers and the financial industry is mis-placed. We are not pissed off at the bankers….we are pissed off at Congress for the bailouts.

      • AKSteveB

        He was actually my last hope for a Senatorial Democrat to be worth a crap. If you have ever read any of his books or know his background, this is a guy who actually knows what the right things are, just too power hungry to actually do them. I can respect an outright Communist like Schumer more than that.

        • Scope

          where he has a dad having sex with his son? That was big time in the news when he was campaigning, alas, the immoral Democrats didn’t see anything wrong with it. They did have a much bigger problem with “maccaca” though. It was racist.

          • AKSteveB

            I’ve read his first novel, “Fields of Fire”, which was one of the best “real deal” books about serving in Vietnam during the war and “Born Fighting” …a history of the Scots-Irish in the South which explained a LOT of things to me”.

  • bobojake
  • Leopard1996

    TARP was the biggest thing that helped the “Evil” banks and “Evil” big businesses, but of course we will hear crickets from the media showing the abject hypocrisy.

  • izoneguy

    Obama went to Mass and spoke about NOT helping Wall Street.
    Coakley’s main talking point was slamming Wall Street. And here the dems are CONTINUING the very programs they campaign against.
    Take those names down. So will Wall Street continue to support these dems? The relationship between DC & Wall Street is very, very strange.

  • bigredone

    I just counted the Democrats who voted.

    There were 45. Did the Democrats just filibuster to death Thune’s bill to stop TARP?

    I thought Harkin wanted to change the rules? I thought the Dems hated the filibuster?

    Who is lying?

    • jackbenimble

      It was an amendment to a bill and it failed because it did not get enough votes to pass.

      • Richard Mullins

        An amendment does. If it only had a few more it would pass but then again, our Democratic senators are real Rubber stamps.

  • Scope

    he said that today. He’s keeping the rest of TARP for his re-election campaign.

    • jayburd
    • jayburd

      Excerpt from prepared Town Hall meeting in Ohio today:

      ?But this isn?t about me. It?s about you. I didn?t take up this issue to boost my poll numbers or score political points – believe me, if I were, I would have picked something a lot easier than this. No, I?m trying to solve the problems that folks here in Elyria and across this country face every day. And I am not going to walk away just because it?s hard. We?re going to keep on working to get this done with Democrats, Republicans – anyone who is willing to step up. Because I am not going to watch more people get crushed by costs, or denied the care they need by insurance company bureaucrats, or partisan politics, or special interest power in Washington.?

      Now the closing statement after Q&A:

      ?I want to march forward with you. I want to work with you. I want to fight for you. I hope you?re willing to stand by me, even during these tough times, because I believe in a brighter future for America.?

  • Alberta

    Its odd to watch political suicide.

  • Trelaina

    Wow, when did she pull her spine out of Reid’s lockbox?

    • Richard Mullins

      So she doesn’t have a spine at all. She’s still a Donk and does what boss Reid wants.

  • jayburd

    Excerpt from prepared Town Hall meeting in Ohio today:

    “But this isn’t about me. It’s about you. I didn’t take up this issue to boost my poll numbers or score political points – believe me, if I were, I would have picked something a lot easier than this. No, I’m trying to solve the problems that folks here in Elyria and across this country face every day. And I am not going to walk away just because it’s hard. We’re going to keep on working to get this done with Democrats, Republicans – anyone who is willing to step up. Because I am not going to watch more people get crushed by costs, or denied the care they need by insurance company bureaucrats, or partisan politics, or special interest power in Washington.”

    Now the closing statement after Q&A:

    “I want to march forward with you. I want to work with you. I want to fight for you. I hope you’re willing to stand by me, even during these tough times, because I believe in a brighter future for America.”

  • http://guyaverage.blogspot.com guyaverage

    …into a vehicle for control of the banking system.

    It started out with the guidelines to detremine if a bank is “solvent” according to the Government definition of solvency (yeah, I know it is ironic) in which many small banks were literally forced out of business and their assets either absorbed by larger banks or paid out through the FDIC.

    Now The Obama Regime is using the Alinksy-inspired technique of marginalizing the larger financial institutions in the eyes of the public while at the same time working to leverage control of them.

    Whether the government takes over the health system or not would be moot if they had control over the financial system.

    This would have been an extreme-sounding comment only one year ago at this time, but it doesn’t sound so extreme now, does it?