Devil Sen. Harry Reid is trying to rush the process through in order to nullify the Cantwell-McCain amendment to Dodd's financial 'reform' bill. Without that amendment, the bill doesn't affect banksters AT ALL...it would call derivatives speculation illegal but provides ZERO consequences for the activity.
I am not surprised that evil seems to have the upper hand again.....
(Within the last hour):
<<< With time running out for Democrats and Republicans to reach agreement on the final details of a Wall Street reform bill, Senate Majority Leader Harry Reid (D-Nev.) announced on the floor Wednesday morning that he will call for a vote to end debate on the legislation at 2 p.m.
There is still a significant amount of work to be done — and arguments to be had on the Senate floor — before Reid's 2 p.m. deadline, and it is still not entirely clear that the majority leader has enough votes to clear his 60-vote cloture hurdle.
Tuesday afternoon Reid had said that "a number" of Republican senators told him they would vote to cut off debate, and Republican aides said they felt Democrats would be able to swing enough votes to move to the next procedural phase of the bill. >>>
Read more: [
link to www.politico.com]
HERE'S THE KICKER:
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<<< • Harry Reid called for a cloture vote today at 2pm, and the Republicans are running out the clock until them. Reid suggesting that there could be post-cloture votes, but told Maria Cantwell, who has had an amendment for weeks to restore Glass-Steagall protections, a bipartisan amendment with John McCain, that her amendment WOULD NOT BE GERMANE POST-CLOTURE. >>>
[
link to news.firedoglake.com]
To summarize:
<<<<Reid suggesting that there could be post-cloture votes, but told Maria Cantwell, who has had an amendment for weeks to restore Glass-Steagall protections, a bipartisan amendment with John McCain, that her amendment WOULD NOT BE GERMANE POST-CLOTURE.>>>>