Geee Posted February 17, 2011 Share Posted February 17, 2011 American Spectator:In the battle against Obamacare, the first chinks in the law's armor were resolutions against the law by state legislatures. These resolutions led to court cases that have been victorious in two instances, and a new majority in the U.S. House Representatives that voted to repeal the law.On Tuesday, the first salvo was fired against another command-and control scheme of the last Congress -- from the newly purple state of Michigan. There, the state Senate, following the state House last Friday, passed the first resolution against a provision of the 2400-page Dodd-Frank financial "reform" of 2010.In an amazingly unanimous vote, the Republican and Democrat state senators condemned a specific amendment from U.S. Senate Majority Whip Dick Durbin (D-Ill.) and the corresponding proposed rule from the Federal Reserve implementing a debit price control scheme that benefits Walgreens, Home Depot, and some of the nation's biggest retailers and shifts costs to consumers in terms of loss of free checking, higher bank fees, and reduced card rewards. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now