«House aides, when asked why Democrats would vote for this proposal [a bill cutting back on a derivatives regulation of the Dodd-Frank Act that was meant to avoid excessive risk taking by banks] even though the Obama administration opposes it, offered a political explanation. Republicans have enough votes to pass it themselves, so vulnerable House Democrats might as well join them, and collect industry money for their campaigns. “It is a free vote,” one aide explained Monday». This is a simple, clear-cut rule of the American political system: Follow and, if possible, grab the money. Then vote in favor of the donor.
Posted on: Wed, 30 Oct 2013 06:56:35 +0000
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