The GOP keeps digging on finreg

I love this headline:

GOP poised to abandon stall of banking bill

"Poised." Makes it sound so action-y.

The fact that the GOP has been so politically tone deaf and inept looking when it comes to opposing the financial reform bill shows just how deeply they really are in Wall St.'s pocket these days, not to mention how ideologically incapable they are of supporting any kind of regulation on moneyed interests.

Democrats tried three times to begin debate on the bill only to be thwarted by Republican opposition. Democrats branded the Republicans as Wall Street allies. But Republicans said they were merely trying to secure changes to make the bill more bipartisan.

Republicans had already begun to drop their complaints that the Democrats' legislation would perpetuate bailouts, and had shifted their criticism to a consumer protection provision that they say goes too far.

The Senate Democrats' bill would create a Consumer Financial Protection Bureau within the Federal Reserve that would have power to police transactions between institutions that provide financial services and their customers.

Republicans say the bill would have unintended circumstances that could ensnare small business people for merely extending credit to their customers.

Note to the GOP, consumers like being protected. And, yes, it could ensnare small business people if their business is predatory lending.

The GOP is acting like a college basketball team that is 15 points behind with 15 seconds to go, but keeps fouling anyway. It won't work. It's annoying. It only lengthens the Fail.