Republicans: Big Banks and Big Fish Stories!

It was refreshing last weekend to see both President Obama and the main stream media publicly call out the Republican Party leadership and the banking industry for jointly trying to defeat the passage of a strict financial institution regulatory law which is aimed at preventing another financial meltdown followed by a taxpayer bailout. Both Obama and CNN‘s Candy Crowley exposed the ugly truth that G.O.P.ers Mitch McConnell and John Cornyn met with two dozen top Wall Street executives last week in an effort to craft a means to defeat any strong financial institution regulation proposed by Democrats.

In his weekly address on Saturday, President Obama said that the strict regulations sought by Democrats,

have not exactly been welcomed by the people who profit from the status quo – as well their allies in Washington. This is probably why the special interests have spent a lot of time and money lobbying to kill or weaken the bill. Just the other day, in fact, the leader of the Senate Republicans and the chair of the Republican Senate campaign committee met with two dozen top Wall Street executives to talk about how to block progress on this issue. Lo and behold, when he returned to Washington, the Senate Republican Leader came out against the common-sense reforms we’ve proposed.

Then on CNN‘s State Of The Union on Sunday, Candy Crowley grilled Mitch McConnell as to whether the meeting took place, what was said during the meeting and if, and why John Cornyn was present. McConnell was forced to admit that the meeting took place and that Cornyn was present. He appeared to contradict himself however, while trying to explain the content of the conversation.

First he said, “Well, we certainly didn’t talk about blocking the bill, I don’t know anybody who’s in favor of blocking this bill.” Then when Crowley followed up by asking what the Wall Street executives asked McConnell and Cornyn, he said, “Well, they have concerns about the bill,” adding that he thought the Senate ought to “go back to the drawing board” and fix the legislation. So, it appears that the G.O.P. gameplan for financial reform mirrors its failed opposition to health care reform: Scratch the whole thing and start over with some new regulation at a later date, preferably after the November 2010 elections. Once again, the Republicans are a “Party Without a Plan”.

Crowley was forced to ask McConnell three times why John Cornyn was present at the meeting before receiving this circuitous answer,

Well, look, we were talking about financial regulation, as everybody in the country is talking about it. Most of the people in New York supported the president, the vast majority of them are on his side. They supported him during the election, they still support him. Is he saying we shouldn’t sit down with his supporters and talk about a bill that he thinks we ought to pass and that I think we ought to pass? This is absurd, he…

Really Mr. McConnell, that is all well and good but why was John Cornyn with you? When Crowley asked the question again, McConnell responded,

Candy, [Obama] is the one who is trying to politicize this issue. We are the ones who are trying to get it right.

When asked a third time, McConnell finally said,

Sen. Cornyn is a United States senator from Texas. He is going to be voting on this issue like all the rest of us are. Simply because we are all involved in politics, as is the president, it doesn’t mean that we can’t discuss issues with people that we meet around the country who are deeply involved and concerned about what we are doing.

Boy Mitch, that really cleared things up. We still don’t understand why Cornyn was there and in the same interview you said that that the bill should be passed and that it should be scratched. What are you talking about? Why don’t you just admit the obvious truth. The Republican Party and the Wall Street bankers are in bed together in a manner that resembles so many other G.O.P. tawdry trysts.

Please remember to click on the song link below to familiarize yourselves with the tune and to have more fun singing along with today’s topical song parody. Have fun!

God Bless The U.S.A. song link:


(sung to the Lee Greenwood song “God Bless The U.S.A.”)

If tomorrow all my brains were gone
And I was just plant life
With a feeding tube shoved in
Against the wishes of my wife
I’d thank my lucky stars the G.O.P. had their way
And curtailed my family’s freedom
Made them watch me waste away

Boy, I’m proud to be a Republican
Like Huckabee and Romney
And I won’t forget Glenn Beck who cried
Right there on Fox TV
Cuz they’ll gladly stand up next to you
And berate your union pay
I just love those hate filled flames they fan
They hate the U.S.A.

Bachmann hates in Minnesota
Alaska has Sarah P.
Rick Perry down in Texas
They’re in the Tea Party
Not Detroit nor in Boston
Too liberal, black and gay
There’s no soul in any Republican heart
And they love it just that way

Yes, I’m proud to be a Republican
Just like Rush and Hannity
And I love the facts they do deny
Right there on Fox TV
And I’ll gladly stand up next to you
And castigate Tina Fey
Cuz I never doubt those Red State men
No matter what they say

Oh, I’m proud to be a Republican
As I sit here sipping tea
Palin’s “death panels” can’t be denied
They say on Fox TV
Sarah sends a Twitter –  text to you
Six or seven times a day
It’s Republicans that love this land
In our per-ver-ted way!

Posted on April 20, 2010, in Fox News, Glenn Beck, Michele Bachmann, Mike Huckabee, Mitt Romney, Republican, Rush Limbaugh, Sarah Palin, Sean Hannity, Songs, Talk Radio, Tea Party, Television, tina fey, TV and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink. 4 Comments.

  1. This whole post is terrific. Bravo!

    If you haven’t seen ABC’s This Week from this past Sunday, you should seek it out. The host had been on The Colbert Report during the week, so he had part of that as a clip and then a montage of McConnell repeating the GOP talking points, right before he started with the round table panel. The looks on the panel’s faces was priceless. Stephen Colbert’s gotcha satirical journalism strikes again.

    • Thanks for the tip on The Colbert Report. Yes, it was priceless.

      • Not sure if you only saw The Colbert Report clip on the ABC site.I haven’t been able to find the intro part to the Roundtable, but that was the priceless part on Sunday. All four of the guests had stunned looks on their faces after they saw McConnell saying the Frank Luntz talking points of the financial reform being a “bail out” about 100 times in about one minute in the montage.

  2. “As long as the music is playing, you’ve got to get up and dance”

    Absent any regulation, reckless investment bankers make huge profits, forcing their competitors to follow suit to keep their shareholders happy. To stay in business, it makes good financial sense to follow the lemmings on the road to easy money.

    Honest Republican Senators are facing the same quandary: do the right thing-vote against the status quo-and lose your cushy job!

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