Mike Castle- Voted For Financial Reform measure that empowers Leftist Agenda- Delaware Senate Race

Mike Castle voted for Financial Reform Legislation

Mike Castle, Election 2010, Christine O’Donnell, Delaware Senate Race, Politics, Financial Reform

Mike Castle was one of the key votes in Congress that allowed the Obama Financial reform measure to pass this summer.  He attempted to make excuses for voting for a piece of legislation that was unconstitutional, that empowered leftists, and empowered Obama to ‘fundamentally transform America” but offered no real reason why he chose to continue to be a Leftist tool hiding behind GOP labels he has never lived up to.

Mike Castle is the presumed-to-be GOP nominee in the Delaware Senate Primary for this November’s Special Senate Election to fill the Joe Biden Seat.  This is a series on Mike Castle that details his unconstitutional, extreme left Liberal voting history.  If Mike Castle wins the GOP nomination in the Delaware Senate Primary race, Freedomists, Constitutionalists, will have no hope of stopping the Obama-Reid-Pelosi Lame Duck Congress from cramming Cap and Trade, Card Check, and many more extreme left programs through.

from http://www.freerepublic.com

Rep. Mike Castle isn’t gushing over the financial reform bill he helped pass this week, but he thinks it’s better than an earlier version he opposed in December.

Castle, of Delaware, was among only three Republicans to vote for the bill, a compromise measure crafted by a conference committee that merged different versions passed by the House and Senate. The Senate is expected to vote on the bill after the July 4 recess.

Castle issued a statement saying that the bill, though “far from perfect,” is “an honest attempt at finding common ground and compromise.”

Castle, a member of the House Financial Services Committee, said he worked to include proposals to mitigate systemic risk through a new monitoring council, impose new transparency requirements for hedge funds, track the relationship between employees of the U.S. Securities and Exchange Commission and Wall Street, and fulfill an audit of the Federal Reserve’s emergency spending authority.

He would have preferred that the bill contain no corporate governance language at all, but he said it was changed in ways that make it less threatening to corporate-friendly Delaware.

Castle said Republican claims the bill will be a “permanent bailout” are “a bit of an overstatement.” He said the financial oversight panel the bill would create could spot risky banking practices early and recommend that the Fed take steps to minimize risk to consumers.

“I feel there’s some safety measures put in place,” he said. “It’s not a bailout situation.”

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The Delaware Senate Race of 2010 is the most important Election this midterm cycle.  A true Constitutional Conservative could take a seat in the Senate immediately.  This one seat could derail the Obama-Reid-Pelosi plans to cram through Obama’s Leftist agenda with a Lame-Duck Congress.  The Freedomist recognizes only one candidate in the Delaware Senate Race who can fill this role, Christine O’Donnell.  To that end, we are producing this series of articles on her first opponent, Mike Castle, in the GOP primary.  We encourage fellow Freedomists to share information on the details of this fundamental race for Freedom, the Delaware Senate Race.

To support Christine O’Donnell and the fight for Freedom, go to: Sock It To Joe