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Will the Kentucky Derby end the Republican filibuster of FinReg?

kderby.JPG

Word is that the Democrats might make the Republicans actually filibuster FinReg tonight. That is to say, stand on the floor and talk and talk and talk. And if the Democrats are serious about forcing the Republicans to really filibuster the bill, this is the right week for it: The Kentucky Derby starts Friday, and Kentucky's senior senator, Mitch McConnell, would surely prefer to attend. Given that his members are already talking about breaking ranks, McConnell may find himself eager to get this kabuki dance over with a little bit early.

Photo credit: By Charlie Riedel/Associated Press

By Ezra Klein  |  April 28, 2010; 12:37 PM ET
 
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Comments

KentDerb.

It's called KentDerb.

Posted by: pj_camp | April 28, 2010 12:44 PM | Report abuse

Keep in mind the GOP isn't filibustering the passage of a law; they are filibustering beggining debate on a new law.

Good luck with that GOP, and keep it up!

Posted by: nisleib | April 28, 2010 12:52 PM | Report abuse

Dude, the Derby isn't till 6 PM on Saturday. The Oaks is on Friday. That's only for fillies, so obviously it doesn't count. There's PLENTY of time!

(I'm going to assume you just left out "weekend" there. But really, the party in Louisville started LAST Friday, so Mitch is already missing out on numerous juleps.)

Posted by: ajw_93 | April 28, 2010 12:57 PM | Report abuse

One of these days the Gop is going to take a stand on something they actually belive in rather than simply being the party of "No", obstructing any progress. Oh wait, obstructing progress is the only principle they seem to have these days. Unless there's a party or football game or something else more important than solving the nation's problems. Geesh.

Posted by: SuznAZ | April 28, 2010 1:42 PM | Report abuse

"so Mitch is already missing out on numerous juleps"

MintJul. It's called MintJul.

And the MintJul is what the Derby is really about.

Seriously, I think the filibuster is about to collapse anyway. The release of an "alternative" that is actually almost a carbon copy of the bill that the Democrats want to debate is going to be the final straw in a long line of bungling by the opposition. The endless bailouts lie didn't stick, and they can't define any crucial change that they are fighting for, and now the Republican Emperor clearly has no clothes.

With the Democrats forcing an all-nighter, and Voinovich and Shelby already publicly saying that their support for the filibuster will be gone within a matter of days, expect McConnell to raise the white flag within the next 24-48 hours, possibly even sooner.

Posted by: Patrick_M | April 28, 2010 1:43 PM | Report abuse

I hope they do filibuster. It will point the big, glaring light of public attention on the situation, and will make Republicans very, very uncomfortable.

Having said that, I doubt they'll actually filibuster. Watch them fold today.

Posted by: JERiv | April 28, 2010 1:58 PM | Report abuse

You people could not be more wrong. The GOP is holding up debate until everyone had a chance to read and see what's in this bill. Problem is, there's a guy in suburban Denver who keeps taking Giles Goat-Boy into the bathroom with him, and won't get to this bill until next year.

Oh well.

Posted by: LittleJoe66 | April 28, 2010 2:00 PM | Report abuse

The most corrupt firms like Goldman-Sachs continue to remain firmly in bed with the in-power Democrats, trying to ram through a financial reform bill that secures their status in dominance over the majority of honest Wall Street firms.

Republicans don't stand a chance.

Does anyone wonder why none of the insurance companies in the corrupt Senator Chris Dodd's state are exposed to the new banking regulations? Wonder what kind of unethical sweetheart deal he is getting this time.

The Democrats make me sick!


President Obama = Goldman-Sachs Million Dollar Man!

Posted by: FastEddieO007 | April 28, 2010 2:01 PM | Report abuse

FastEddieO007,

Your comment is typically incoherent, but thanks for leaving off the Caps Lock key while screaming at the clouds.

You have seen Carl Levin's committee grilling Goldman Sachs, right? You are aware that the SEC has brought suit against Goldman Sachs, right? You are aware that the Treasury Secretary under George W. Bush, the guy who wanted Congress to allocate all the TARP money with zero accountability, Hank Paulson, came from Goldman Sachs, right?

If you will kindly give us specific examples of how the Democratic bill treats Goldman Sachs any more leniently than the Republican "alternative," please enlighten us.

Posted by: Patrick_M | April 28, 2010 2:17 PM | Report abuse

Democrats are beginning to feel the heat for backing the corrupt Senator Dodd's bill....it is common knowledge that Dodd doesn't author bills where he doesn't get $omething back....if you knw what I mean....and why shouldn't he---Democrats have shown no will to enforce ethics against anyone with a D next to their name?

But middle class parents all over this country are quickly learning that Obama was not what they bargained for when they voted for change last time around.

President Obama = Goldman-Sachs Million Dollar Man!

Posted by: FastEddieO007 | April 28, 2010 2:19 PM | Report abuse

I voted for McCain over Bush and McCain over Obama.

Obama=Bush=Goldman-Sachs reign of terror!

All those lame populist theatrics aside, everyone knows Obama is trying to help goldman-Sachs and his rhetorical excesses are part of the tactic they believe is necessary to be successful.

Do you wonder why investors have been buying Goldman-Sachs while knowing full-well that Democrats are pushing for votes to further a bill which is supposedly "punishing" them?

Obama's sheep are too dumb to see the forest for the trees.....almost every stock on Wall Street went down yesterday, but ONE went up, Goldman-Sachs.

Goldman-Sachs CEO openly endorses Dodd's legislation!

This is a pro-Wall Streeet bill, at the price of Main Street.

But don't take my word for it.....its in the NYTimes:
http://www.nytimes.com/2010/04/27/business/27lobby.html

Wake up sheep----you are being sold to Goldman-Sachs for a bag of silver pieces.

Posted by: FastEddieO007 | April 28, 2010 2:25 PM | Report abuse

@FastEddieO007: Whatever it is that you're smoking, let me know! I'd like to get that high and still be able to type!

...

Just kidding by the way! I do NOT want to get that high. ;-)

Posted by: JERiv | April 28, 2010 2:25 PM | Report abuse

I don't like the Republican alternative.

All incumbents need to be kicked out office!

I partner with Republicans because "nothing" is better than the accelerated destruction of USA's 250+ year exceptional legacy of allowing citizens to freely build their prosperity.

George Soros is the Sith Lord we were warned about in the prophecy. And Darth Vader is dismantling the system responsible for protecting American's freedom!

Posted by: FastEddieO007 | April 28, 2010 2:30 PM | Report abuse

Do you wonder why the SEC performed such a conspicuous attack on Goldman-Sachs? The status quo narrative up until that time was that Obama was in Goldman-Sachs pocket....the stunt changed all that.

David Axelrod and Rahm Emanuel may be dishonest Chicago mobsters, but they are certainly not stupid by any means.

Posted by: FastEddieO007 | April 28, 2010 2:36 PM | Report abuse

Is fasteddie really that fab fellow?

Seems about as mature.

But keep up the spam, fasteddie - I'm sure a lot of people are being convinced by your nonsensical rants.

Posted by: zonk1 | April 28, 2010 2:59 PM | Report abuse

I like how in the first rant FastEddie says "Republicans don't stand a chance."

Then he identifies himself as a McCain supporter, which is ironic given that the scandal that almost ended McCain's career was in the Savings & Loan crisis as a member of the Keating Five.

Then he tells us Bush=Obama and that "I don't like the Republican alternative."

He is a very special kind of person, our FastEddieO007.

Posted by: Patrick_M | April 28, 2010 3:11 PM | Report abuse

sloweddie using the Republican smear routine. Take whatever you are being accused of (with proof) and accuse the Dems of the same thing(without proof). Have Bill O'Reilly and Rush repeat it until Rush has to refill his mutltiple perscriptions and repeat some more. Flog your dog sloweddie flog it till it pukes.

Posted by: fitley | April 28, 2010 3:13 PM | Report abuse

McCain was completely innocent of the Savings and Loan---a perfect example of a Democratic con job.

But I understand. Your Kool-Aid probably tastes pretty good.


Goldman-Sachs stock holders appreciate your support. Does the water your carrying ever get heavy?

Posted by: FastEddieO007 | April 28, 2010 3:18 PM | Report abuse

A lame 30-year old frivolous allegation against McCain as compared to Chris Dodd's Sweetheart mortgage from Countrywide---the ink isn't even dry yet....

And its Republicans who are crooks?

I've got a bridge in Massachusetts to sell you.

Posted by: FastEddieO007 | April 28, 2010 3:20 PM | Report abuse

Goldman-Sachs gave Obama $1 million dollar---the largets private contribution in the whole Presidential campaign.

How much did Goldman-Sachs pay to McCain's campaign?

Posted by: FastEddieO007 | April 28, 2010 3:22 PM | Report abuse

FastEddieO007,

The investigation into McCain's conduct largely exonerated him, but not entirely, and it did leave an ethics stain. McCain discusses his role with Keating with regret, and it was part of what led him to work on campaign finance reform in the 1990's, which he now seems not to care about.

We are still waiting for you to explain what is the hidden Trojan Horse in the Democratic FinReg package that is designed to ensure the dominance of Goldman over all of those "honest" firms on Wall Street.

But we know that you already showed your hand when you said that: "nothing is better than the accelerated destruction of USA's 250+ year exceptional legacy of allowing citizens to freely build their prosperity."

So the reality here is that you want no regulation on Goldmans Sachs at all.

OBAMA=BUSH=FASTEDDIEO007 !!!!

Posted by: Patrick_M | April 28, 2010 3:34 PM | Report abuse

Executive branch now has unchecked power to authorize bailouts without any approval by congress.

That will guarantee that Goldman-Sachs can do whatever their President wants....given the way Goldman-Sachs' candidate has always trounced any non-Goldman-Sachs aligned candidates, its a safe bet that Goldman-Sachs can go on doing what it does best....

Posted by: FastEddieO007 | April 28, 2010 3:40 PM | Report abuse

I don't see how Mitch's desire to get back to Louisville in time for the K-Derb parties impairs the GOP filibuster in the least.

Remember that the GOP doesn't need 41 votes to sustain a filibuster. The Dems need either unanimous consent or 60 votes. So the GOP just needs to keep a few guys there to take turns being on the floor, keeping the GOP from obtaining unanimous consent. Mitch doesn't need to be one of those guys.

Posted by: rt42 | April 28, 2010 3:40 PM | Report abuse

I don't know why I'm bothering to comment in a thread that's been Eddie'd all over but Ezra really should brush up on, or try to recall more about, the rules that govern filibusters. The filibustering party needs to keep one person in the chamber at all times that the Senate remains in session, so they need to keep maybe a handful of Senators in DC. The filibuster only ends when no filibustering Senator is present, or when 60% of the Senate (not of those Senators voting, or of those Senators present, but of the whole Senate) vote for cloture. The other way the filibuster can end is by victory: the bill is withdrawn, or the filibustering Senator demands a quorum call and brings the entire session of the Senate to a close. To defeat a quorum call, the party being filibustered needs 49 Senators available at all times, to the filibustering party's single Senator.

Now, the optics may demand that McConnell stay in DC to oversee the filibuster he engineered. But the mechanics require no such sacrifice on his part.

Posted by: WarrenTerra | April 28, 2010 3:41 PM | Report abuse

Patrick_M - whut up with the ALL_CAPS!

Where are your manners?

Posted by: FastEddieO007 | April 28, 2010 3:41 PM | Report abuse

Patrick_M - Goldman-Sachs stock price would not be going up if congress weren't contemplating their so-called "reform" bill...in fact it would probably be continuing its slide downward, while giving the rest of the market a fighting chance.

This "reform" bill is precisely why Goldman-Sachs stock is rising while the rest of the stocks are going down.


But I'm sure to you its all just Bush's fault. Isn't that story going to get old soon?

Posted by: FastEddieO007 | April 28, 2010 3:46 PM | Report abuse

"Now, the optics may demand that McConnell stay in DC to oversee the filibuster he engineered. But the mechanics require no such sacrifice on his part."

Those would be some great optics indeed. Let's see the Republican troops taking turns speaking against reining in the fat cats on Wall Street, while their leader sips Mint Juleps at the Kentucky Derby. That would be priceless.


Eddie:

For the third time, we are still waiting for you to explain what is the hidden Trojan Horse contained in the Democratic FinReg package that is designed to ensure the dominance of Goldman over all of those "honest" firms on Wall Street.

Saying that their stock is rising is just evading the question. Tell us the big secret that those investors all know and we don't.


Posted by: Patrick_M | April 28, 2010 3:57 PM | Report abuse

Simple logic to anyone who isn't blinded by the the thrill in your leg from Obama's voice:

http://realclearpolitics.blogs.time.com/2010/04/28/a-simple-question-about-a-simplistic-narrative/

Posted by: FastEddieO007 | April 28, 2010 4:05 PM | Report abuse

JERiv had it right. The Republicans don't want to sleep on cots or deny Mitch maximal mint juleps. The filibuster will be ended today, according to breaking news.

Eddie, I hope that the "Sith Lord" and "Darth Vader" and whoever else is hiding under your bed don't ruin your day.

Posted by: Patrick_M | April 28, 2010 4:05 PM | Report abuse

Question for you, Patrick_M....

Why did Obama's state department freak out when the tiny fragile democracy in Honduras executed a constitutional protection against a Marxist takeover and kicked out Manuel Zelaya?

Why did Obama's state department do absolutely nothing when Nicauagua's Daniel Ortega ordered henchmen to hold opposition judges under house arrest while he stack the bench with his own judges and rewrite his constitution empowering him to be Marxist dictator for life?

Posted by: FastEddieO007 | April 28, 2010 4:15 PM | Report abuse

Why are the CEO's of two of the largest banks on Wall Street in favor of passing Dodd's bill while community bankers all across the country like Tippens are against it

Posted by: FastEddieO007 | April 28, 2010 4:16 PM | Report abuse

Granting the executive branch the power to authorize bailouts definitively helps the powerful destroy the powerless.

This bill will no dounbt win many more million in political contributions to the Obama 2012 campaign. And probably some other unpunished sweetheart deals for Mr. Dodd.

Can you remember when Democrats used to be honest? and care about the little guy?

Yeah. Neither can I.

Posted by: FastEddieO007 | April 28, 2010 4:20 PM | Report abuse

FastEddieO007?

Ummm...because that's what George Bush, Goldman Sachs, and the Dark Lord of Mordor required?

Please get back on your meds, go to your room, and read Matt Taibi on the subject of Goldman Sachs. You'll love the part about the vampire squid, but don't take it absolutely literally, ok? It is a metaphor, and I don't want to have any more nightmares than you already are having.

Posted by: Patrick_M | April 28, 2010 4:20 PM | Report abuse

The fasteddie machine is stuck again...

Posted by: Patrick_M | April 28, 2010 4:22 PM | Report abuse

FastEddie.. you live in a wonderful alternate reality.

Just a few things that stick out at me...


- Dodd was investigated 3 times and every time cleared. Didn't you mention witch hunt in one of your posts?

- McCain was rebuked for having exercised "poor judgement". The ethics committee chair was the Honorable Ted Stevens. Take that for what it's worth.
The only thing that was at question wa
s whether McCain broke the law by meeting with Regulators on Keating's behalf.
What wasn't addressed.. and McCain's real crime.. was the thousands of dollars of services that McCain took from Keating. McCain, his family, and even his baby sitter took 9 trips on Keating's dime. McCain never paid Keating any money for those trips until years after-the-fact.. after he found out Keating was under investigation.

Posted by: ffakr | April 28, 2010 4:40 PM | Report abuse

fasteddie:

Nice revisionist history. "Goldman Sachs" did NOT give Obama over a million dollars. If you look through the election records and sort individual personal donors by employer, you'll find that the people who work for Goldman Sachs collectively donated a lot of money to Obama and the DNC.

And no, this wasn't a matter of 10 executives giving 100K each (we do have campaign finance laws). This is a huge number of donations, lumped together, in order to smear Obama with the name of his supporter's employer.

Posted by: ffakr | April 28, 2010 4:43 PM | Report abuse

ffakr,

I had forgotten that Ted Stevens chaired the ethics panel that rebuked McCain for the Keating Five scandal. That's a great little factoid. I also forgot that even the baby sitter was traveling on Keating's money. Amazing...thanks for filling in the details about Keating and about the fiction of the million dollar Obama contribution.

However, giving concrete facts to FastEddieO007 is a bit like handing a calculator to a monkey and asking him to solve differential equations. Eddie seems now to have retreated to sip his own alternative reality julips at the annual running of the Tin Foil Hat Derby, so all we can do is wait for the next eruption of Mount Wingnut.

Posted by: Patrick_M | April 28, 2010 6:34 PM | Report abuse

maybe mitch mcconnel should listen to the latest RINO speak about the Arizona racial profiling law

Representative Connie Mack:

This is not the America I grew up in and believe in, and it’s not the America I want my children to grow up in,

now the goobers and rubes in the repuglotarded teabagger terrorist party have decided that Connie Mack is a RINO

mitch mcconnel better think of something quick, or the repuglotarded party will be reduced to about 25 congress members and a whole pack of hate filled racist teabagger terrorists

Posted by: nada85484 | April 29, 2010 3:56 PM | Report abuse

repuglotarded teabagger terrorist hero senator john ensign questioned a goldman sachs executive on the ethics of goldman sachs business preactices

couldn't the repuglotards find a more ethically compromised person to ask about ethics ???

they might as well put the pope in charge of the police efforts to catch pedophiles

Posted by: nada85484 | April 29, 2010 4:00 PM | Report abuse

here's a hint to everybody who wants to ruin fasteddie's day

VOTE DEMOCRATIC

piss in fasteddie's wheaties in November, and watch him cry like a little baby

friends don't let friends vote repuglotarded

Posted by: nada85484 | April 29, 2010 4:09 PM | Report abuse

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