As the piece quotes Barney Frank: "Why anyone would think that the large financial institutions should not pay the administrative costs, I don't know, but apparently you couldn't get 60 senators."
Sounds like common sense, doesn't it? Why should the taxpayers pay for this? The banks are getting away with paying their dues, again.
On the larger scale, though, this shows the kind of dysfunctional political system that the United States incorporates. The party in the majority, the democrats, cannot get anything passed without a tough time, even with 60 seats in the Senate. This is why the dems need to court the support of Senators Snowe, Collins, and Brown, which means that whether this bill passes or fails hinges whether these three Republican senators vote 'yes'.
Read the Article at HuffingtonPost
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