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UCmeNdc

(9,600 posts)
Thu Oct 31, 2013, 09:42 PM Oct 2013

Republicans and conservative Democrats just voted to sell you out to Wall Street.

Republicans and conservative Democrats just voted to sell you out to Wall Street. In other words, it's Tuesday.

Today, the House passed the so-called Retail Investor Protection Act 254 to 166. 30 Democrats voted with 224 Republicans in favor. 165 Democrats--and one Republican--voted against it. Those following H.R. 2374 thought it would pass with wide bipartisan margins, so having 165 Democratic NAY's was better than expected. The 30 Democratic YEA's still need to be named and shamed, however.

First, let's begin with the important question: What is the Retail Investor Protection Act? The bill delays a new Department of Labor rule that would prevent financial advisers from stealing from your 401(K) plans or IRAs. Allowing financial advisers to rip you off is a great complement to that other plank in the Republican-Conservadem retirement insecurity platform, cutting Social Security.


http://www.dailykos.com/story/2013/10/29/1251635/-30-House-Democrats-Joined-the-GOP-to-Sell-You-Out-to-Wall-Street-Which-Ones

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Republicans and conservative Democrats just voted to sell you out to Wall Street. (Original Post) UCmeNdc Oct 2013 OP
As happens with a numbing regularity. Squinch Oct 2013 #1
Wall Street owns DC. blkmusclmachine Oct 2013 #2
Get the money out of politics. nt bemildred Nov 2013 #3
This is horrible. Enthusiast Nov 2013 #4
I'm curious as to why the author blames 30 Dems who's vote on JoePhilly Nov 2013 #5
K&R! TeamPooka Nov 2013 #6
nasty RainDog Nov 2013 #7

JoePhilly

(27,787 posts)
5. I'm curious as to why the author blames 30 Dems who's vote on
Fri Nov 1, 2013, 09:14 AM
Nov 2013

this is irrelevant, given the fact that the GOP had more than enough votes to pass this without them.

If this author wanted to be less misleading, they could have at least mentioned that fact.

If these 30 votes put the bill over the top, the article's title would make sense.


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