[Peace-discuss] Fw: Outrageous lies

Wed Apr 21 10:33:25 CDT 2010

"Oh, Mr. Republican, please don't throw us Democrats into that no-regulation
brier patch!"

It's an outrageous lie that the administration wants to do anything that will 
harm the interests of its pay-masters on Wall Street.  The Democrats received 
far more money in the last election from Wall Street than the Republicans did. 
Therefore they will produce a regulation bill like their health-care bill: a few 
sops of reform covering a massive pay-off to financial interests.  --CGE

On 4/21/10 8:42 AM, Jenifer Cartwright wrote:
> A worthy cause (even if it's promoted by MoveOn. --Jenifer
>
> --- On *Tue, 4/20/10, Nita Chaudhary, MoveOn.org Political Action
> /<moveon-help at list.moveon.org>/* wrote:
>
>
> 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. *Can you chip in $5? *
>
> <https://pol.moveon.org/donate/wallstreet.html?bg_id=hpc5&id=19922-10635882-ZjDdtVx&t=1>Contribute
>
>
<https://pol.moveon.org/donate/wallstreet.html?bg_id=hpc5&id=19922-10635882-ZjDdtVx&t=2>
>
> Wall Street is spending $500 million to convince Congress to kill the reform
> bill that will finally curb their reckless behavior.^1
>
> That's one investment that's paying off. Every single Republican is now on
> record opposing Wall Street reform.
>
> 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.
>
> * 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.*
>
> 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. Can you chip in $5?
>
> 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>
>
> 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.
>
> 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.^2
>
> But if we don't expose them—their lies will stick. Remember health care?
>
> The truth is that Wall Street reform will:^3
>
> * *End the bailouts* 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. * *Protect consumers*
> by creating an independent watchdog that would finally stop credit card
> companies, mortgage brokers, and big banks from hiding information in the
> fine print. * *Shut down the "shadow markets"* 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.^4,5
>
> So we're fighting back. But we need help. Can you chip in $5?
>
> 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>
>
> Thanks for all you do.
>
> –Nita, Laura, Daniel, Ilyse and the rest of the team
>
> Sources
>
> 1. "No more taxpayer bailouts," Americans for Financial Reform, April 15,
> 2010 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>
>
> 2. "A GOP Financial Reform Bellwether," Time, April 13, 2010
> 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>
>
> 3. Senate Banking Committee, April 16, 2010
> 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>
>
> 4. "Sen. Lincoln unveils broad derivatives regulatory bill," MarketWatch,
> April 16, 2010 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>
>
> 5. "Derivatives market," Wikipedia, April 13, 2010
> 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>
>
>
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