The Mudcat Café TM
Thread #128415   Message #2892840
Posted By: Sawzaw
23-Apr-10 - 12:28 PM
Thread Name: BS: Obama Admin and Financial Reform
Subject: RE: BS: Obama Admin and Financial Reform
CNN JOHN KING show Aired April 20, 2010

....They don't have to enforce certain things. Is that what we're talking about here in all these back door regulations? They're going through changing one word at a time through what is hundreds of pages of legislation?

YELLIN: Absolutely. And one staff member on the Hill told me that they refer -- there's something called the blob. The blob is the combination of lobbyists and staffers working on the bill constantly talking and conferring on what should be in it. And it's such a prevalent part, it is just such an accepted part at how business is done, they name it.

KING: It is striking to me because one senator told me this and I went up to another senator who said they're trying to change shall to may. And I went up to another and said so when the Goldman lobbyists come to you and he said shall/may --....