Undaunted by a Senate setback, Democrats appeared increasingly confident Monday they will be able to take advantage of Americans' anger at Wall Street and push through the most sweeping new controls on financial institutions since the Great Depression.
The Senate, in a 57-41 vote, failed to get the 60 supporters needed to proceed on the regulatory overhaul. One Democrat, Sen. Ben Nelson of Nebraska, joined with the Republicans.
This certainly shouldn't come as a shock to anyone, as Republicans will do their level best to stop or slow down anything that the Obama administration wants to accomplish, even if it's against their better interests.
I'm honestly not surprised that Ben Nelson voted with the Republicans on this, considering the fire-storm of criticism that was leveled at him after the so-called "Cornhusker Kickback".
But what the average American is largely ignoring is this - Republicans would be willing to destroy you, your family, their future, and this country if it meant that the Obama administration wouldn't be able to stop corporations from doing it. Rather ironic, I think.
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