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Brown's Win In Mass. Could Actually Hurt Wall Street Most: Reuters

First Posted: 03/22/10 06:12 AM ET Updated: 05/25/11 04:15 PM ET

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Why Scott Brown's Win Could Spark An Obama-Led Populist War Against Wall Street

The result ends the Democratic supermajority in the Senate and leaves key parts of the Obama agenda in deep trouble. But the biggest loser just might be Wall Street. Desperate Democrats may see anti-bank populism as a way of holding power as the November midterm elections approach.

Read the whole story: Reuters

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The result ends the Democratic supermajority in the Senate and leaves key parts of the Obama agenda in deep trouble. But the biggest loser just might be Wall Street. Desperate Democrats may see anti-b...
The result ends the Democratic supermajority in the Senate and leaves key parts of the Obama agenda in deep trouble. But the biggest loser just might be Wall Street. Desperate Democrats may see anti-b...
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Filed by Grace Kiser  | 

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CarmanK
democrat, retired tax acct
338 Fans
11:38 PM on 01/20/2010
The voters in MA were and are very angry at the way Wall Street is thumbing their noses at the US goverment. The government is supposed to be the power of the people, and the people under Obama don't look very strong. Consumers are being ripped off by the the big banks every day. Credit card reform is so maddening considering that people have been rate increase notices since September in order to get ahead of the February implementation. Health care reform is urgent but there is a delay up to 2014 for implementation. How many people die during this period? It is time to pass the public option and get it done. It really is time for the president to take charge and lead this nation forward. Right now there are far too many cooks in the kitchen and the stew is overcooked.
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xilduq
105 Fans
08:41 PM on 01/20/2010
BS!

They won't bite the hand that feeds them!!

All talk and no action (unless of course it benefits the banksters or their corporate masters)
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StJames
In absentia luci tenebrae vincunt
1481 Fans
08:39 PM on 01/20/2010
Anti-banking populism? Sounds like a plan to me. First order of business: Back out of the Fed Charter and put control of the money supply where the constitution says it should be...the government. Get it out of the hands of private domestic and foreign banks.
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Kimpeach
Progressive Independent and proud of it!
841 Fans
08:28 PM on 01/20/2010
I read that Geithner critic/bailout overseer met with the White House today. This is VERY interesting timing. I hope Obama is about to clean house.
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DiogenesOfAlaska
Mitt Romney for president - of the Cayman islands!
338 Fans
06:05 PM on 01/20/2010
Of course, Mr. James Pethokoukis. You would much rather call those measures that are necessary to restore the possibility of a capitalist free market economy populist than challenge your black and white partisan mindset.

And why wouldn't you? Certainly pledging allegiance to the semantics of a word beats doing what's necessary to reinstate free markets any time.

Especially for you. Who loves free markets, now don't you?
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12many
805 Fans
05:15 PM on 01/20/2010
This is the greatest thing that ever happened since the beginning of mankind a republican actually got elected this will change the whole world.
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StJames
In absentia luci tenebrae vincunt
1481 Fans
08:37 PM on 01/20/2010
giggle
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nwfurn
446 Fans
08:43 PM on 01/20/2010
They always do! Stealing is big business!
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