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Why Ben Nelson Voted No

April 26, 2010 - by Donny Shaw

Sen. Ben Nelson [D, NE] surprised just about everyone when he voted "no" Monday evening on beginning debate of the Democrats' financial reform bill. Immediately, speculation began circulating that he voted against the bill to curry favor with legendary investor Warren Buffet, a constituent, who had a regulatory exemption he supported for existing derivative contracts removed from the bill just one day prior.

The jury's still out on that. Nelson hasn't admitted to protecting Warren Buffet's interests. Instead, he issued a confounding statement on his vote that begins like this:

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