A black bourgeoisie perspective on U.S. politics
From The Washington Post:
Senate passes financial overhaul bill
By Brady Dennis
Washington Post Staff Writer
Thursday, July 15, 2010; 3:04 PMThe Senate passed the financial overhaul package in a final vote on Thursday, ending more than a year of wrangling over the shape of the landmark legislation. The focus now shifts to the monumental task of implementing the new regulations over coming weeks and months.
The 60-39 vote came only few hours after Democrats cleared a final procedural hurdle by securing enough votes to break a GOP filibuster. The bill now goes to the White House for President Obama’s signature.
Three Republicans — Scott Brown of Massachusetts and Olympia Snowe and Susan Collins of Maine — joined Democrats and two Independents in supporting the bill. Sen. Russ Feingold of Wisconsin was the lone Democrat to oppose the measure, saying it failed to go far enough in reining in the financial recklessness and regulatory failures that led to the recent financial crisis.
This is another positive for the President, and one that was thought for dead many times.
Cheryl Contee aka "Jill Tubman", Baratunde Thurston aka "Jack Turner", rikyrah, Leutisha Stills aka "The Christian Progressive Liberal", B-Serious, Casey Gane-McCalla, Jonathan Pitts-Wiley aka "Marcus Toussaint," Fredric Mitchell
Special Contributors: James Rucker, Rinku Sen, Phaedra Ellis-Lamkins, Adam Luna, Kamala Harris
Technical Contributor: Brandon Sheats