SocraticGadfly: Why you should NOT trust Dems in ‘Immunity 2.0’ bailout

September 21, 2008

Why you should NOT trust Dems in ‘Immunity 2.0’ bailout

Think “tort reform” in 1995; think GLB in 1999

Not only did 2/3 of House Dems for FOR Gramm-Leach-Bliley in 1999 (many Democratic cover-ups will point ONLY to the party-line Senate vote, while ignoring the House vote and the fact that the House reported it out of committee before the Senate, but also …

A narrow majority of Dems voted FOR The Private Securities Litigation Reform Act of 1995 in the House, with a substantial minority of Senate Dems going along — 69-30 overall, with a 26-16 split against by Democrats. However, such “stalwarts” as Reid, Dodd, Kerry and even Harkin and Kennedy all voted yes; Leahy, Feingold and (surprisingly) Joe Biden were among top no votes.

Hell, Dodd was even a cosponsor!

(On GLB, other House yes votes include Rangel, Patrick Kennedy, Sheila Jackson-Lee, Ackerman, David Bonior, both Udalls, Sandy Levin, Murtha, Oberstar and others. House roll call here)

In the House, supposedly progressive minority Democrats such as Shelia Jackson-Lee and Eddie Bernice Johnson were among the yes voters, along with Big Bill Richardson and Chuck Schumer (shock me again) among others.

And, you know who — Passive Pelosi™ of course voted yes.

And, you can’t even blame the Slickster for this one. He vetoed it and got overridden.

This was a fulcrum piece of legislation from Newt Gingrich’s Contract with America and the start of the conservative “tort reform” battle at the federal level, and Democrats couldn’t muster enough numbers to uphold a Clinton veto — one of just two vetoes of his that were overridden.

So, on Uncle Henry’s Used Derivatives Bailout, Passive Pelosi™ and Land-Swap Harry Reid will bit a bit, then roll over and play dead.

Andy, you know what?

So will about 98 percent of registered Democratic voters who are politically active.

Even where they have Green (or Socialist/Social Democratic) alternatives on the ballot for president, or even local Congressional races, you'll listen to Democrats' fear-mongering.

“What’s the Matter with Kansas” has nothing on this.

Sidebar: It’s “interesting” that Uncle Harry made his immunity request the same day Attorney General Mike Mukasey officially played the immunity card in the FISA/telecom fight.

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