Wednesday, April 14, 2010

Dodd: 'My Patience Is At An End' Due To GOP's Lies


Sen. Chris Dodd calls out Senate Minority Leader Mitch McConnell and the GOP snake oil salesman Frank Luntz for spreading falsehoods about the financial-regulation bill.

Just like the lies spread about health care reform, Luntz is coaching the GOP on how to kill a much needed bill. The strategy is to falsely attack the bill for perpetuating bailouts for giant banks.
"Nothing could be further from the truth. The bill as drafted ends bailouts," Dodd said, describing how regulators would get new powers to dissolve large financial institutions, even healthy ones if their size is deemed to threaten the broader financial system.

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