Largely because he seems to realize that the GOP strategy of "pretending to negotiate in good faith in an attempt to stall things, get large concessions for things they want, and then not support the bill", last employed in the health care debate, was wasting time, making the bill worse, not adding GOP support, and in danger of losing him Democratic support. So Dodd will unveil his own bill... and he's promising that it'll have most of the concessions he made to the GOP in it for some reason.
Senate Banking Committee Chairman Christopher Dodd said he will release his version of legislation to overhaul financial rules, signaling that talks on a compromise with Republican Bob Corker have collapsed.The kind of consensus that involves little to no Republican support and will involve the very people you negotiated with calling whatever the bill is some sort of socialist giveaway to banks? So you can't continue on with the negotiations, you have to move forward, you don't think the GOP is on board or will help out in any way (trenchant insight), but yet you're going to keep all of their suggestions that weakened various ways of regulating and governing the industries that just set fire to everyone's money? Makes sense.
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“I have been fortunate to have a strong partner in Senator Corker and my new proposal will reflect his input and the good work done by many of our colleagues,” Dodd said. “Our talks will continue and it is still our hope to come to agreement on a strong bill all of the Senate can be proud to support.”
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“It has always been my goal to produce a consensus package,” Dodd said in the statement.
So you don't have a consensus, you don't have a compromise... but you'll stick to the comprise negotiated just for the hell of it anyway instead of moving for more stringent, smarter, and better protections and laws? Sounds like a Democrat to me. Now's when you unleash the crazy liberal communist shit in order to drive them back to the table. Someone should tell Dodd how to negotiate. But I guess he does have to think about reelection.... oh that's right, he's retiring. So this all makes complete sense. Good luck with all of that, Chris.
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