I reported yesterday that Sen. McConnell has come out against the Finance Reform bill after meeting with Wall Street heavies. Turns out it's Deja Vu all over again.
Just as with the Health Reform bill, a lot of the opposition is based on a willful misreading and misrepresentation of the bill. McConnell claims that the bill ensures future bailouts for all "too big to fail" financial institutions. This is a complete fabrication but look for this meme to become standard fodder for the Tea Party and others in the coming months as the fight for Finance Reform heats up.
Barney Frank sticks it to McConnell. Calls McConnell's statement, "Willful Ignorance Or Absolute Dishonesty". Video here.