Feingold stands up for what is right

11 years ago only 8 Senators had the guts to vote against Gramm Leach Bliley. Today, one of those Senators took a bold step yet again, and denied the Democrats the 60 votes they needed to pass this joke of a financial reform package - Russ Feingold.

Senator Russell Feingold said on Monday that he will not vote to advance the financial-reform bill, denying his fellow Democrats the 60th vote they need to clear a final hurdle in Congress.
"My test for the financial regulatory reform bill is whether it will prevent another crisis," Feingold said in a prepared statement. The bill "fails that test and for that reason I will not vote to advance it."

Once again Feingold proves to be the honorable exception to the rule.

Subject Meta: 

Forum Categories: 

good for him

It's now coming out from experts to pundits this bill is simply not going to stop the next crisis. I haven't read the bill details yet but another way to stop a potential crisis is leverage and I don't think those got into the bill either.