They all want the same!? by Barbora Misakova

Democrats still continue with keeping up the pressure on Republicans. Financial regulations are at stake. To get the legislation to a floor debate Democrats need to get at least 60 votes. In cases like these, no matter who you are, first of all you are Democrat and you must act like that. Unfortunately, one of Democrats, Sen. Ben Nelson of Nebraska decided to go against his fellows. By his Monday defection, when he voted with Republicans, he has made Democrats’ task more complicated, at least for now. Nelson, a conservative Nebraska Democrat, said in a statement his vote just reflected concerns about the bill raised by Nebraska businessmen. As he talked to Senate Bank! ing Committee Chairman Christopher Dodd, his interest is directed to particular businessman - billionaire investor Warren Buffett. As Nelson said: “No one should view my vote today as an indication that I won’t support the bill currently being negotiated by the Banking Committee.” But it was not only Nelson, who decided to change his mind. At the end, it was also Senate Majority Leader Harry Reid who switched his vote to “no” as well. This maneuver will enable him to call for a new tally as early as Tuesday. If this fails, he envisions another vote on Wednesday. The same mathematics is used by Democrats. They will try again Tuesday and yet again the day after if it is going to be necessary. They also count with public pressure and the scent of a Wall Street scandal. Of course, Republicans believe the bill will pass as well; the only difference between them and Democrats lies in quality. As expressed Senate Republican leader Mitch McConnell of K! entucky: “All of us want to deliver a reform that will t! ighten t he screws on Wall Street, but we are not going to rushed on another massive bill based on the assurances of our friends on the other side.” Republicans as usual wants the same what Democrats, but in more substantive form.

related story (sgx17101): http://news.yahoo.com/s/ap/us_financial_overhaul;_ylt=Amgzre...

by Barbora Misakova for Cantell TV (http://cantell.tv)

Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunicati! ons, allowing people to easily control, view, upload and share digital content through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.