<table cellspacing="0" cellpadding="0" border="0" ><tr><td valign="top" style="font: inherit;">A worthy cause (even if it's promoted by MoveOn.<div> --Jenifer<br><br>--- On <b>Tue, 4/20/10, Nita Chaudhary, MoveOn.org Political Action <i><moveon-help@list.moveon.org></i></b> wrote:<br><blockquote style="border-left: 2px solid rgb(16, 16, 255); margin-left: 5px; padding-left: 5px;"><br><div id="yiv2127235716">
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Wall Street is spending $500 million to convince Congress to kill financial reform. And that's paying off—every Senate
Republican is against it now. We have to call them out right away, otherwise their bogus arguments against reform will stick.
We're working on an ad that lays out the Republicans dirty tricks. <b>Can you chip in $5?
</b>
<br>
<br>
<center><a rel="nofollow" target="_blank" href="https://pol.moveon.org/donate/wallstreet.html?bg_id=hpc5&id=19922-10635882-ZjDdtVx&t=1"><img height="36" border="0" width="150" style="display:block;" src="http://www.moveon.org/images/buttons/button_red_clickhere.gif"></a><a rel="nofollow" target="_blank" href="https://pol.moveon.org/donate/wallstreet.html?bg_id=hpc5&id=19922-10635882-ZjDdtVx&t=2">Contribute</a></center></font></td></tr></tbody></table></font></td></tr></tbody></table>
<p style="margin:1em 0px;">
Wall Street is spending $500 million to convince Congress to kill the reform bill that will finally curb their reckless behavior.<sup>1</sup></p>
<p style="margin:1em 0px;">
That's one investment that's paying off. Every single Republican is now on record opposing Wall Street reform.</p>
<p style="margin:1em 0px;">
That means every single Republican is on record protecting the big banks instead of the countless Americans who lost jobs,
money, houses, or their pensions because of Wall Street's behavior.</p>
<p style="margin:1em 0px;">
<b>
We have to call them out right away. If we don't, their bogus arguments against reform will stick—just like they did
on health care.</b></p>
<p style="margin:1em 0px;">
We're working on a hard-hitting ad that lays out for the American people exactly whose side Republicans are on. But we need
to get it up on the air fast—while this story is hot. That means we need
4 donations from people in Champaign.
<span class="Apple-style-span" style="font-weight:bold;">Can you chip in $5?</span></p>
<p style="overflow:hidden;margin:1em 0;">
<a rel="nofollow" target="_blank" href="https://pol.moveon.org/donate/wallstreet.html?bg_id=hpc5&id=19922-10635882-ZjDdtVx&t=3">https://pol.moveon.org/donate/wallstreet.html?bg_id=hpc5&id=19922-10635882-ZjDdtVx&t=3</a></p>
<p style="margin:1em 0px;">
It seems hard to believe that anyone would want to oppose Wall Street reform in the middle of a major financial crisis like
this. But the Republicans are willing to do it to protect their allies at the big banks.</p>
<p style="margin:1em 0px;">
They know this is a high risk strategy. Their pollsters say the only way they'll get away with it is if they lie about Obama's
plan and say it will cause more bailouts—even though they know that it will do the exact opposite.<sup>2</sup></p>
<p style="margin:1em 0px;">
But if we don't expose them—their lies will stick. Remember health care?</p>
<p style="margin:1em 0px;">
The truth is that Wall Street reform will:<sup>3</sup></p>
<blockquote>
<ul>
<li>
<strong>End the bailouts</strong> by forcing big financial companies to put aside money now, so if there's another AIG-like
disaster, taxpayers won't be on the hook. We'll use the big banks' own money to shut them down.
</li>
<li>
<strong>Protect consumers</strong> by creating an independent watchdog that would finally stop credit card companies, mortgage
brokers, and big banks from hiding information in the fine print.
</li>
<li>
<strong>Shut down the "shadow markets"</strong> by cracking down on the backroom trading that put our economy at
risk. Unlike the stock market, these "shadow markets"—where trillions of dollars of "derivatives"
are traded each year—are secret, highly risky, and virtually unregulated.<sup>4,5</sup>
</li>
</ul>
</blockquote>
<p style="margin:1em 0px;">
So we're fighting back. But we need help. Can you chip in $5?</p>
<p style="overflow:hidden;margin:1em 0;">
<a rel="nofollow" target="_blank" href="https://pol.moveon.org/donate/wallstreet.html?bg_id=hpc5&id=19922-10635882-ZjDdtVx&t=4">https://pol.moveon.org/donate/wallstreet.html?bg_id=hpc5&id=19922-10635882-ZjDdtVx&t=4</a></p>
<p style="margin:1em 0px;">
Thanks for all you do.</p><p>–Nita, Laura, Daniel, Ilyse and the rest of the team</p>
<p style="margin:1em 0px;">
Sources</p>
<p style="margin:1em 0px;">
1. "No more taxpayer bailouts," Americans for Financial Reform, April 15, 2010
<br>
<a rel="nofollow" target="_blank" href="http://www.moveon.org/r?r=87878&id=19922-10635882-ZjDdtVx&t=5">http://www.moveon.org/r?r=87878&id=19922-10635882-ZjDdtVx&t=5</a></p>
<p style="margin:1em 0px;">
2. "A GOP Financial Reform Bellwether," Time, April 13, 2010
<br>
<a rel="nofollow" target="_blank" href="http://www.moveon.org/r?r=87876&id=19922-10635882-ZjDdtVx&t=6">http://www.moveon.org/r?r=87876&id=19922-10635882-ZjDdtVx&t=6</a></p>
<p style="margin:1em 0px;">
3. Senate Banking Committee, April 16, 2010
<br>
<a rel="nofollow" target="_blank" href="http://www.moveon.org/r?r=87877&id=19922-10635882-ZjDdtVx&t=7">http://www.moveon.org/r?r=87877&id=19922-10635882-ZjDdtVx&t=7</a></p>
<p style="margin:1em 0px;">
4. "Sen. Lincoln unveils broad derivatives regulatory bill," MarketWatch, April 16, 2010
<br>
<a rel="nofollow" target="_blank" href="http://www.moveon.org/r?r=87879&id=19922-10635882-ZjDdtVx&t=8">http://www.moveon.org/r?r=87879&id=19922-10635882-ZjDdtVx&t=8</a></p>
<p style="margin:1em 0px;">
5. "Derivatives market," Wikipedia, April 13, 2010
<br>
<a rel="nofollow" target="_blank" href="http://www.moveon.org/r?r=87838&id=19922-10635882-ZjDdtVx&t=9">http://www.moveon.org/r?r=87838&id=19922-10635882-ZjDdtVx&t=9</a></p>
<p style="margin:1em 0px;">
<br></p>
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