TLP: Two Glasses, Half Full at Best
It's gotta suck, don't you think? Majority in the House. Majority in the Senate. Control of the White House.
The Huffington Post
As the Senate turns its attention to restructuring regulations for Wall Street, Democrats who demand strong and comprehensive reform are concerned that they may have already lost the messaging wars.
Last week, when Senate Banking Committee Chairman Chris Dodd (D-Conn.) announced that he was essentially giving up hope for Republican cooperation in crafting regulatory reform, citing a deep "impasse" with ranking member Richard Shelby (R-Ala.), the political barely registered surprise.
For weeks, if not months, it's grown increasingly clear that Republicans have been unwilling to jump on board a reform package that involves more regulatory oversight. ... But at a time when the situation is growing more dire, Democratic party officials are worried that there is not enough momentum to generate a compelling campaign to pass regulatory reform.
"Everyone has been so focused on health care that few have focused on financial reform," acknowledged Stan Greenberg, a prominent Democratic pollster.
And now, with the loss of the supermajority in the Senate and whatever that means, Democrats on Capitol Hill are feeling fucked over. And frightened of Scott Brown. Sorry, I didn't see that he had that big a pair.
So who does? Anyone on the Democratic side?
firedoglake may have found someone, unlikely though it may seem.
In an interview with Roll Call, House Speaker Nancy Pelosi made the case for reforming the Senate rules and using reconciliation.
“A constitutional majority is 51 votes,” Pelosi said in an interview Tuesday with Roll Call. “If in fact the Republicans are going to say nothing can be done except by 60 percent, then maybe we all should be elected with 60 percent. It isn’t legitimate in terms of passing legislation.”
On this point, Pelosi is completely right. A 3/5 threshold in the Senate appears nowhere in the Constitution, and super-majority requirements for every action in the Senate makes a mockery of the idea of democracy. If a popularly elected majority is unable perform even the most basic functions of governing, are you even a Democracy any more?
I guess we'll see what Nancy's got to swing.