April 19, 2010

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Remember Bizarro World, in Superman comics? Everything they did was the opposite of Earth. Now Mitch McConnell is the leader of Bizarros. In a related thought, the definition of insanity is doing the same thing over and over and expecting a different result. Now the Republicans are doing the same thing they did with health care. I wonder if it'll work this time?

WASHINGTON — With the Senate scheduled to begin debate on a financial overhaul bill this week, the fraud lawsuit against the Wall Street titan Goldman Sachs has emboldened Democrats to ratchet up pressure on Republicans who oppose the Obama administration’s proposal.

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In a sign of the Democrats’ increasing confidence that they have the better of the argument in an election year defined by voter anger at big banks and bailouts, White House officials said Sunday that President Obama would take his campaign for a regulatory overhaul on the road in coming weeks.

That campaign will resemble his push that helped the health care bill past its final legislative hurdles.

Mr. Obama in effect has made the measure’s fate a highly personal showdown with the Senate Republican leader, Senator Mitch McConnell of Kentucky. Over the last 15 months, Mr. McConnell has sought to defeat each of the Democratic president’s domestic priorities in turn.

In a televised appearance on Sunday, Mr. McConnell asserted that Mr. Obama was “trying to politicize this issue,” and stoutly defended his argument in recent days that the Democratic bill would institutionalize taxpayer bailouts of big banks. On Saturday, Mr. Obama used his weekly radio and Internet address to slam Mr. McConnell’s claim as “cynical and deceptive” because “he knows that it would do just the opposite.”

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