Well, no surprise, the Senate just got in line and confirmed Ben Bernanke as Fed Chair, despite the fact we cannot find out who received $2 trillion dollars in loans, the complete miss of the housing bubble, the ignoring of derivatives as systemic risk and the general stonewalling on getting some real reforms and answers on the Financial meltdown.
With that, the game being played is Senators want to claim they voted against Bernanke....but not really. So, below are the vote tallies. If a Senator voted for cloture yet against the actual confirmation, that move is pure politics. In truth they completely endorsed Ben and his subversion of the Consumer Financial Protection Agency and lack of transparency.
23 Senators voted against the Cloture Vote.
On the confirmation vote, 70 Senators voted to confirm Bernanke.
Of those yes votes on the cloture vote yet voted no to confirm we have 7 Senators. These cats are weasels because by voting yes on cloture, they in essence voted to confirm Bernanke, so by switching their vote to no, they are trying to score political points by claiming they voted against Bernanke, when in fact they voted yes.
The weasels are:
- Boxer (D-CA)
- Dorgan (D-ND)
- Franken (D-MN)
- Harkin (D-IA)
- Kaufman (D-DE)
- LeMieux (R-FL)
- Whitehouse (D-RI)
This is in fact, God awful because some on this list are strong Populist representatives, so I sure hope they got something from Wall Street or the White House to justify this weasel behavior. Senator Dorgan, are you kidding me?