Republican Logic...goes South

The finance bill that Congressional sub-committees worked up has a number of elements including the consumer watchdog- elements that need to be paid for.

Republicans complain about the fiscal deficit (though their party has overseen increased deficits far more than the Democrats).

Republicans don't want to tax the banks and hedge funds to pay for the bill.

Republicans don't want to use the TARP money to pay for the bill.

Perhaps Republicans don't want any regulation of financial institutions.

How is the public going to be protected from the predatory financial institutions?

A Bank Fee Is Cut From Financial Overhaul Bill - NYTimes.com: "Congressional negotiators briefly reopened the conference proceedings on a sweeping financial regulatory bill on Tuesday after Senate Republicans who had supported an earlier version of the measure threatened to block final approval unless Democrats removed a proposed tax on big banks and hedge funds."