Not because you’re gay; don’t be a frickin’ drama queen. No, Republicans don’t give a damn about you if you’re in the middle class, if you’re in the working class, or if you care about fiscally responsible Government.
John Boehner and the GOP leadership will not go to the wall to protect your jobs and income from illegal immigrant labor; they claim they don’t want to risk “shutting down the Government.” But they will totally go to the wall, and risk shutting down the Government, to protect corporate welfare for big bankers.
The provision would no longer require that big banks separate trades in financial derivatives from traditional bank accounts, which are backed by the government through the Federal Deposit Insurance Corporation (FDIC). The derivatives played a key role in the financial collapse.
The Provision is strongly opposed by extreme-left Democrats, led by Democrat Elizabeth Warren. But, just because Democrats hate it doesn’t mean it’s a bad idea for taxpayers to be backing up the risky investments of multibillion dollar megabanks.
(Also, I am open to Jeff slapping me upside the head and telling me I got this wrong.)
It’s just telling whom Republicans will fight for, and whom they won’t.