What is the rationale for so many Senate Dems rejecting Whitehouse's usury amendment?

[flpoljunkie]

I get why Republicans would be against this, but why so many Democrats? Is it not outrageous that credit card companies are allowed by law to charge such usurious rates on credit card debt? Am also surprised and disappointed John Kerry voted against this amendment.

Question: On the Amendment (Whitehouse Amdt. No. 3746 As Modified Further )
Vote Number: 159 Vote Date: May 19, 2010, 07:21 PM
Required For Majority: 3/5 Vote Result: Amendment Rejected
Amendment Number: S.Amdt. 3746 to S.Amdt. 3739 to S. 3217 (Restoring American Financial Stability Act of 2010)
Statement of Purpose: To restore to the States the right to protect consumers from usurious lenders.
Vote Counts: YEAs 35
NAYs 60
Not Voting 5

NAYs ---60
Alexander (R-TN)
Barrasso (R-WY)
Baucus (D-MT)
Bayh (D-IN)
Bennett (R-UT)
Bingaman (D-NM)
Bond (R-MO)
Brown (R-MA)
Brownback (R-KS)
Bunning (R-KY)
Burr (R-NC)
Cantwell (D-WA)
Carper (D-DE)
Chambliss (R-GA)
Coburn (R-OK)
Collins (R-ME)
Conrad (D-ND)
Corker (R-TN)
Cornyn (R-TX)
Crapo (R-ID)
DeMint (R-SC)
Dodd (D-CT)
Ensign (R-NV)
Enzi (R-WY)
Graham (R-SC)
Grassley (R-IA)
Gregg (R-NH)
Hagan (D-NC)
Hatch (R-UT)
Hutchison (R-TX)
Inhofe (R-OK)
Inouye (D-HI)
Isakson (R-GA)
Johanns (R-NE)
Johnson (D-SD)
Kaufman (D-DE)
Kerry (D-MA)
Klobuchar (D-MN)
Kohl (D-WI)
Kyl (R-AZ)
Landrieu (D-LA)
Lincoln (D-AR)
Lugar (R-IN)
McCain (R-AZ)
McConnell (R-KY)
Murkowski (R-AK)
Murray (D-WA)
Nelson (D-NE)
Pryor (D-AR)
Risch (R-ID)
Roberts (R-KS)
Sessions (R-AL)
Shaheen (D-NH)
Shelby (R-AL)
Snowe (R-ME)
Tester (D-MT)
Thune (R-SD)
Vitter (R-LA)
Voinovich (R-OH)
Wicker (R-MS)


http://senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=111&session=2&vote=00159