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Old 06-03-2011, 06:54 AM   #1
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Official White House Photo by Pete Souza
–The Senate’s financial reform legislation will obtain dissimilar cloture ballot this p.m.. Despite Wednesday’s 57-42 failure, it seems probable the bill will explicit today’s procedural hurdle. Arlen Specter,Louis Vuitton Cosmic Blossom, who wasn’t behind in Washington for yesterday’s vote, namely expected to be present. Republican Scott Brown, who told Harry Reid he was ashore board before reversing way at the last minute, says he may vote yeah. Democrat Maria Cantwell, who voted no for of a staying publish with derivatives (Mike Konczal has a helpful explanation here), tin likely be won over with a vote ashore her revision. And Reid, who voted no so he could instantly bring up the motion to end discussion another,p90x workouts, will switch to yes as soon as he secures 59.
–Establishing capital requirements (mandating that a fixed carry a characteristic percentage of assets to debt) might be the single maximum powerful arms in financial regulatory reform’s storage. The House bill has it,Louis Vuitton Monogram Denim, Susan Collins’ recent amendment joined it to the Senate legislation. The Fed, Treasury and financial sector absence it out bad.
–A very intelligent take on the state of Tea Parties from Marc Ambinder.
–The Washington Post has a long piece on the not-so-under-the-radar skirmish among Chuck Schumer and Dick Durbin to succeed Harry Reid as Majority Leader, and basically cry it for Schumer.
– Another Vietnam misstatement from Richard Blumenthal in the Stamford Advocate. He’s been rapid to correct journalists on additional, rather minor issues.
–Less than 48 hours behind Rand Paul’s Kentucky victory, his libertarian purism has rushed to the fore. Paul largely stuck to orthodox Republican issues during his primary campaign,Power 90, but yesterday’s focus on his opinions of the 1964 Civil Rights Act and Americans With Disabilities Act does him few favors with the broader electorate — he decries institutionalized racism in government, but assists private businesses’ rights to discriminate on any grounds. The issue was heaved in an NPR interview yesterday, sparked by an ed-board interview he gave earlier this annual. He went on MSNBC last night to discuss it and, whatever one might calculate of his opinions, it’s simply bad politics to stick up for segregation rights on citizen TV:

It’s worth seeing his remarks in their entirety, but his philosophical nuance ambition attempt tiny protection in one co-optation season. This type of entity has always been the peril of his candidacy.
–The White House condemns North Korea as torpedoing a South Korean Navy container.
–The Staten Island GOP has handed scandal-stained former congressman Vito Fossella the designation to challenge Rep. Mike McMahon.
–And Bill Clinton prepares to work on excursion for Blanche Lincoln.
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