With a financial reform bill on stake, the Republicans and the Democrats are jabbing each other with hot piercing words. In recent news, Senate Majority Leader – Harry Reid was pretty keen on knowing as to what Minority Leader Mitch McConnell discussed with the Wall Street Executives.

Reid addressed to the issue after finishing up with his speech in the Senate floor (that didn’t go as planned). But he did manage to lash Republicans for their connections with the Wall Street guys because of their personal interests.

Reid abruptly spoke up by saying that – “The Wall Street executives are literally responsible for bringing our economy to a collapsed state. We and all the average Americans deserve a fair explanation and an insight on the backhand dealings which the Republicans are carrying out with Wall Street Executives”.

However, Mitch McConnell reverted to a peaceful tactic and insisted that we all put our personal differences aside and work together as a team (yeah right Mitch, as if this is ever going to happen), towards making amendments in the bill, in accordance to our mutual needs. In addition, the National Republican Senatorial Committee accused Reid of attending the fundraiser program held by Goldman Sachs recently (GS is currently facing fraud charges pressed against by the Security and Exchange Commission).

Senate Banking Committee Chairman – Chris Dodd believes that if there are options which are worth consideration, we will notice them duly. But something ironic is that these suggestions are basically coming from the Republicans, the ones towards having a prepayment system for big financial institutions so we are going to consider them.

In times like these, we still have bright headed Republicans like Senior Bob Corker (Tennessee), who sounds a little optimistic and said that the Democrats and the Republicans can quickly strike a deal and put their differences at one place. The financial regulatory reform bill is far more important and we all should concentrate on it, instead of bickering over trivial matters.

Related posts:

1. Senators Are Trying to Reach a Mutual Agreement on the Financial Reform Bill
2. Financial Reform Bill to Be Blocked
3. Democrats in Senate Add Tax Increase for Millionaires to Obama’s Jobs Bill
4. Democrats and Republicans Continue with Quest to Prevent Default
5. 9-11 Health Bill Made its Way through the Congress
6. Democrats Looking Forward to Changes Regarding Senate Core Procedures