Tuesday, January 26, 2010

Will Republicans heartily back bank reform? I doubt it, very much. Between the GOP being in the back pocket of the financial lobby and odds favoring their continued insistence to just be a hemorrhoid to Obama, they're likely hard had work right now to come up with ways to frame Obama's proposal as unpatriotic or an unjust curtailment of free market activity, which will ultimately lead to economic calamity.

Make no mistake, they will indeed come up with something to sink this. They effectively did it with HCR, throwing the kitchen sink at it (death panels, kill grandma, will balloon deficit, doctor rationing, government takeover and overreach, first step to socialized medicine). Just wait, the fear-mongering will start up again, and predictably too many will allow it to freak them out and adversely affect their ability to make rational decisions.

It's sad but it works, so the GOP will continue to got there.

A bit too cynical perhaps, hope I'm wrong. But precedent dictates otherwise....

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