Watts’ amendment would have de-clawed HR 1207. What’s equally interesting is that Bank of America’s corporate headquarters are located in Watts’ congressional district and is a big-time donor to his campaign war chest. Let’s hear a collective “hmmmmmmmmm”.

Fortunately, the Grayson-Paul amendment past which restored HR 1207 to it’s former incarnation.

But there are certainly other threats out there, including Barney Frank, who was previously a supporter. Nancy Pelosi, Chris Dodd, and ultimately Barack Obama will surely line up to defend the Big Banks.

However.

I am bothered by two things. One, why are they allowing this now? These buggers have their hands in every pie, and it seems to me they are letting themselves be punched a little too easily. Perhaps I overestimate their influence, which brings me to number two: Watt is the best monkey they can come up with? I mean, did you see him whining about Grayson? If Watt is the best they can manage, then they’re days are most certainly numbered.

I just wonder what they have up their sleeves, besides my husband’s paychecks. Hm.