Thursday, April 22, 2010

Why is Sen. LeMieux standing with Wall Street?

Sen. LeMieux has a choice: he can stand with regular Americans who are struggling, or he can protect big Wall Street banks.

Republican Senate Leader Mitch McConnell already made his choice. He held a secret meeting with Wall Street executives, asking for more campaign contributions. Then he came back to Washington trying to kill financial reform—just like the bankers want.1

But some other Republicans are uncomfortable standing with Wall Street—especially if they know their constituents are watching. That's why Sen. LeMieux needs to hear from you today.

Can you call Sen. LeMieux and let him know that there will be a price to pay for blocking financial reform to make Wall Street happy? Tell him you want him to stand with the people of Florida who want to rein in the big banks.

Senator George LeMieux
Phone: 202-224-3041 begin_of_the_skype_highlighting 202-224-3041 end_of_the_skype_highlighting

Then, please report your call by clicking here:

http://pol.moveon.org/call?tg=FSFL_2&cp_id=1343&id=19966-3141455-kt7vUax&t=3

Opposing financial reform doesn't poll well, so Republicans' PR strategy is to convince voters that it's a "bailout"—even though the Senate's bill specifically does away with bailouts.2 It's such a brazen lie that even some Republicans have admitted that Senator McConnell isn't telling the truth.3

The Senate's financial reform bill is working to end the bailouts, protect consumers, and shut down trading on the highly risky, unregulated "shadow markets" that almost destroyed our economy.4 But too many Republicans would rather try to block any hope of common-sense reform to please their Wall Street buddies.

Will you call Sen. LeMieux now and tell him to stop obstructing the Wall Street reform that Americans want? He needs to hear that voters in Florida know that he is blocking reform on behalf of the big banks.

Senator George LeMieux
Phone: 202-224-3041 begin_of_the_skype_highlighting 202-224-3041 end_of_the_skype_highlighting

Then, please report your call by clicking here:

http://pol.moveon.org/call?tg=FSFL_2&cp_id=1343&id=19966-3141455-kt7vUax&t=4

Thanks for all you do.

–Daniel, Nita, Milan, Jodeen, and the rest of the team

Sources:

1. "The Fire Next Time," The New York Times, April 15, 2010
http://www.nytimes.com/2010/04/16/opinion/16krugman.html

2. "Bank bailouts not in bill, but liquidation is," Politifact.com, April 14, 2010
http://www.moveon.org/r?r=87888&id=19966-3141455-kt7vUax&t=5

3. "There is no 'bailout fund'," The Washington Post, April 20, 2010
http://www.moveon.org/r?r=87889&id=19966-3141455-kt7vUax&t=6

4. "Wall Street Reform Bill—Summary," United States Senate Committee on Banking, Housing, & Urban Affairs, April 19, 2010
http://www.moveon.org/r?r=87877&id=19966-3141455-kt7vUax&t=7

"Sen. Lincoln unveils broad derivatives regulatory bill," MarketWatch, April 16, 2010
http://www.moveon.org/r?r=87879&id=19966-3141455-kt7vUax&t=9

Reblog this post [with Zemanta]

No comments: