Eric Cantor Promises Oil Speculators That Republicans Will Block Financial Refrom

[boutons_deux]

Cantor (R-VA) visited the Chicago headquarters of the CME Group, “the world’s largest owner and operator” of private exchanges for derivatives products. CME Group specializes in a number of markets, including trading futures contracts for various blends of crude oil and food commodities

CANTOR: And you’ve managed to be able to serve that function in the CME Group for so much of this country and the world, and you’ve also managed to position as a true world leader. We want that in every arena. We want to help you continue to lead for America, that means we gotta do our part when you see the implementation of Dodd-Frank coming at you like a barreling train. We want to help control that so that we can get some sensible, sensible follow up to that legislation. [...] Whether it’s the EPA, the FDA, the FCC, the SEC, the CFTC, you name it, there is an acronym for a federal agency causing harm right now. We’re trying to pull that in.


http://thinkprogress.org/2011/05/18/eric-cantor-oil-speculators/

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Repugs are blatant, don't-even-try-to-be-subtle, whored enablers of VRWC predations.

[DarrinS]

thinkprogress

[boutons_deux]

Are you saying TP is lying about Cantor's direct quote?

Let us know when Drudge runs with this story.

[MannyIsGod]

thinkprogress

Are they controlling what cantor says?

[TeyshaBlue]

Are you saying TP is lying about Cantor's direct quote?

Let us know when Drudge runs with this story.

Drudge has unquestionably the worst webpage design on the internets. That thing is fucking ugly.

[fyatuk]

Repugs are blatant, don't-even-try-to-be-subtle, whored enablers of VRWC predations.

Meh. It's pretty off to use that quote as evidence that Republican's will try to block financial reform. Cantor's quote quite literally says that he wants to create sensible follow up legislation, implying he thinks Dodd-Frank is insensible in its prescribed implementation. Aka, his quote supports a sensible reform process.

The only "stop financial regulation" part of the quote refers to legislation that creates unnecessary harm, and creates too unweildy a federal beaurocracy.

I'm not saying that it isn't Cantor's objective to stop any and all financial reform that would have a negative effect on companies like CME, but that post is an obvious propaganda piece relying almost entirely on a tunnel-vision interpretation of a single man's comments. It's crap, like almost anything partisan websites like thinkprogress churn out (on both sides of the aisle).

The only reason to read those websites is to bask in the sameness of your thoughts with the people who write for it. Their crap for news, political commentary, etc, except for once in a blue moon.

[DMX7]

Are they controlling what cantor says?

Darrin is saying that he is an idiot and that he is desperate to discredit this.

[DarrinS]

Darrin is saying that he is an idiot and that he is desperate to discredit this.


A conservative wants to block legislation that will hurt business?

I'm so shocked!

[TeyshaBlue]

The only reason to read those websites is to bask in the sameness of your thoughts with the people who write for it. Their crap for news, political commentary, etc, except for once in a blue moon.

The breeding grounds of the ideologues.