GOP should be using the opportunity to educate the public about the root cause role of Community Reinvestment Act, Fannie, Freddie, and related progressive policy disasters. The damage done by the legislation can be rolled back in future sessions – if the public is given a reason to vote the progressives out of office.

http://libertyatstake.blogspot.com/
[For a light hearted take on our present peril]

I refer to this;

“Why isn’t Wall Street saying anything? Because the regulations won’t hurt most of them.”

This is of course, news to me and most of the people I work with. Have you read the latest changes that are being proposed? I missed the big bailout/handout provisions. In fact, what is being proposed by Dodd, et al (including some in our party) will increase costs and hurt growth in an industry that employs over 2 million people in the banking segment alone.

As an aside, most of the industry organization I work with do not support the “too big to fail” provisions, to which you are chiefly referring.

You forget that many of the banks that were “bailed-out” did not want the money but were forced to take it. When they spoke out, people like Ken Lewis and Dick Kovacevich,were made enemies of the state and lost their jobs.

Wall Street and Main Street are linked at the hip. When one takes a hit, irrespective of where it hits the body, the shot hurts both.

People keep on being fed the “truth” according to the MSM –and swallowing it! Obama poll numbers will undoubtedly jump way up due to his “taking on the bad guys.” I just returned from Europe this week where the “news” as “she is goodly spoken” is from BBC, CNN and especially Al Jazzera. People over there buy into all the conspiracy theories and bad mouthing of the US because that is all they hear. If Republicans don’t start to work hard to get the word out here, then things are not going to be as rosy in November as we hope!!

With millions of small businesses across the fruited plain, I’m sure CNN and MSNBC can find a couple of fools to trot out in support of their Dear Leader. But in the real world of small business, we ain’t buying it.

We have seen Obama for what he is since early 2008, and have been saddened and amazed at the slavering support he receives from the brain-dead dinosaur media.

While the “reform” may hurt large Wall Street firms, it will entrench their dominate position by shutting out competition and depressing startup companies. Wards of the taxpayer fear falling out of government favor more than they fear competition.

Quote, Just last week, Obama told Wall Street he was the only thing standing between CEO’s and pitch forks. Unquote

Erick, minor correction. Unless this is the second time Obama has used this phrase I believe the first was at the time of the AIG (and related) insurance/investment debacle.
The threat was very specific following union goons showing up in tour buses where several AIG execs lived.
PC is Thought Control