Scott Brown

FBN: Flaherty Assails Racial Mandates in Financial Regulatory Overhaul

I was interviewed by David Asman on the Fox Business Network on Wednesday, July 21. The topic is the racial mandates contained in the Dodd-Frank financial services regulatory overhaul. Here's a transcript:

Scott Brown Sells Out

Scott Brown photoOn the evening of Scott Brown’s election, I wrote that among the reasons for his victory was resentment of “a host of actions to prop up Wall Street firms at the expense of taxpayers.”

Who would have thought that less than six months later Brown would cast the decisive vote in favor of legislation that institutionalizes Wall Street bailouts, and whose sponsors — Christopher Dodd and Barney Frank — played key roles in bringing on the meltdown, not to mention representing everything that is sleazy and corrupt about Washington. If Brown wasn’t running against Barney Frank when he railed against the “machine,” then what was he talking about?

Scott Brown Victory Is Reaction to Obama's Corruption of Democracy

Scott Brown photoIn recent days, Barack Obama gathered with House and Senate Democrats in the Cabinet Room of the White House to “negotiate” health care. They no doubt grew alarmed as Scott Brown surged in the polls, but they seemed strangely unaware that their very actions  — meeting behind closed doors in a rump legislative conference from which Republicans were excluded — were fueling the outrage that would make possible a Brown victory.

Even worse, when asked the impact on health care by a Brown victory, they sketched out various scenarios, from not immediately seating Brown to passing the bill under reconciliation, requiring only 51 Senate votes. The unceasing message to Massachusetts voters was that their vote did not count.

Syndicate content