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Democrats, Scott Brown has commitment issues, it’s time to move on

from FDL Seminal by Jason Rosenbaum:

After giving Senator Scott Brown exactly what he wanted and paying for the Wall Street reform bill on the backs of taxpayers by using TARP money instead of the proposed tax on big banks – which in Brown’s twisted world constitutes eliminating a tax – Brown’s still not on board with the final bill. Here’s his statement:
“I appreciate the conference committee revisiting the Wall Street reform bill and removing the $19 billion bank tax. Over the July recess, I will continue to review this important bill. I remain committed to putting in place safeguards to prevent another financial meltdown, ensure that consumers are protected, and that this bill is paid for without new taxes."

So let’s see here…Scott Brown asked for banks not to be taxed so he could support the bill like he did the first time through the Senate. That tax was eliminated just for him. And now he’s still not sure?

Just to belabor the metaphor: Democrats, perhaps you need to wise up to the fact that maybe Scott Brown just isn’t that into you, or Wall Street reform for that matter. Perhaps your energies might be better spent getting Senators like Cantwell or Feingold on board by making the bill better, not playing footsie with teases like Scott Brown, who has little to gain by being the 60th vote for Wall Street reform and is edging ever closer to Chuck Grassley territory, slowing down negotiations via endless bad-faith stalling.

I’m just saying it might be time to re-evaluate your options.

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Comments

So Scott Brown convinces Democrats to put the cost of financial regulation on taxpayers not banks because putting it on banks would be bad for banks. Hard to argue he's a man of the people. Then having obtained the concession, he reneges on voting yes for the bill: I would describe that as bargaining in bad faith.

Screw the very popular Scott Brown, Dems can wait two weeks and pass financial regulatory reform with the newly appointed senator from West Virginia.

Scott Brown, a man of the people, banks and hedge funds.

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