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from Organizing for America
By ArnoldSchwertman
Garland : TX : USA | Apr 24, 2010
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wall steet reform
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Sat, April 24, 2010 11:26:50 AMNot backing down...From:"Mitch Stewart, BarackObama.com" ...View ContactTo:Arnold schwertman Organizing for America Arnold --
Last week, Republican Senate Minority Leader Mitch McConnellMitch McConnell got all 41 GOP senators to promise to oppose Wall Street reform. He thought President Obama would back down in the face of a unified show of force.
He was wrong.
Instead, the President stood in front of Wall Street bankers Thursday, going to bat for consumers and confronting the toughest of crowds with a strong message: Reform is good for Americans, good for the market, and it's time to get on board.
Bipartisan discussions have begun again -- but Wall Street lobbyists are still swarming Capitol Hill, trying to trip up negotiations and maintain the gridlock that has defined Washington for far too long.
So now, it's up to us. We need to show Senate Republicans that the American people are watching closely to see whose side they end up on.
Tell Sen. McConnell: Stop standing in the way of desperately needed change to win favor with your Wall Street allies.
The President laid out a bold plan to hold Wall Street accountable, to protect American taxpayers by ensuring they'll never again be asked to bail out a big firm "too big to fail," and to put in place the strongest consumer financial protections ever proposed.
But this fight isn't just about fixing Wall Street. It's also about fixing Washington.
For too long, it's been a place where special interests have set the rules and petty partisanship has stood in the way of progress. As the President said Thursday, "We can and must put this kind of cynical politics aside."
Thanks to strong leadership from the President and Democrats in Congress, the gridlock is starting to crack, and Republicans are slowly giving signs that they'll come on board. The Senate has even scheduled a preliminary vote for Monday at 5:15 p.m.
But Wall Street lobbyists are flooding in to firm up opposition -- trying to carve out loopholes and exemptions for big banks and lenders who have long exploited consumers.
The only sure-fire way to make sure that the special interests don't get their way is to show Mitch McConnell and Senate Republicans that Americans are standing firmly with the President. Tell them to join us to fight for American families who are counting on reform, not the big Wall Street banks. Send a letter today:
http://my.barackobama.com/WallStreetReformLetters
Thanks,
Mitch
Mitch Stewart
Director
Organizing for America
P.S. -- Want to learn more about what reform means for you? Check out our online Wall Street reform resource center.
Paid for by Organizing for America, a project of the Democratic National Committee -- 430 South Capitol Street SE, Washington, D.C. 20003. This communication is not authorized by any candidate or candidate's committee.
This email was sent to: Texas_long_horn2005@yahoo.com
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READ MORE: wall street reform, Politics of the United States, mcconnell, Southern United States, president obama, obama, Organizing for America, democrats, wall street, political-news, American, political-news, Washington, Garland, Senate, Mitch McConnell, republicans, Kentucky
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GOP: No bailouts for big companies
Delete News Source: United Press International | 16 minutes ago
Sen. Kay Bailey Hutchison , R-Texas, said Republicans would "stand firm" against financial reform legislation allowing government bailouts of failing companies. "We will stand firm against a partisan bill that exposes ordinary taxpayers to future...
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Financial lobby readies for battle
Delete News Source: Washington Post | about 2 hours ago
Morgan Chase and beleaguered Goldman Sachs, have also ramped up campaign contributions to GOP lawmakers who have united to oppose the bill. The campaign prompted sharp words this week from President Obama , who in a speech to Wall Street titans...
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Obama: Bank bill would end bailouts
Delete News Source: Politico | about 4 hours ago
He hates the car industry, the oil industry, the healthcare industry, the bank industry. Too bad liberals follow him like puppets. You are right; he hates the car industry but bailed them out of their Bush-created recession. He hates the oil...
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Obama renews push for Wall St reform
Delete News Source: The Economic Times | about 7 hours ago
US President Barack Obama renewed his push for Wall Street reform Saturday, saying the country needed to tackle the underlying problems that caused the economic crisis. "The economy is on a better footing. But people are still hurting," Obama said in...
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Obama links auto industry woes, financial overhaul (AP)
Delete News Source: Turks and Caicos Free Press | about 8 hours ago
Celebrating signs of a turnaround in the U.S. auto industry, President Barack Obama said Saturday the financial system must be overhauled to prevent a repeat of the economic crisis that pushed carmakers to the brink. Senate Democrats have set a test...
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Analysis: GOP, Dems compete for populist title
Delete News Source: AP Online | about 10 hours ago
Republicans and Democrats are furiously casting each other as the handmaidens of Wall Street, playing to election-year anger surging on Main Street. Neither party has clean hands when it comes to the financial industry.
Both...
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spencerrascoff Interesting. NYTimes: Don’t Cry for Wall Street http://nyti.ms/ctBZR3 15 minutes ago reply
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scottibro OPINION: Mr. Obama goes to Wall Street http://bit.ly/9ndaMQ 16 minutes ago reply
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Sat, April 24, 2010 11:26:50 AMNot backing down...From:"Mitch Stewart, BarackObama.com" ...View ContactTo:Arnold schwertman Organizing for America Arnold --
Last week, Republican Senate Minority Leader Mitch McConnell got all 41 GOP senators to promise to oppose Wall Street reform. He thought President Obama would back down in the face of a unified show of force.
He was wrong.
Instead, the President stood in front of Wall Street bankers Thursday, going to bat for consumers and confronting the toughest of crowds with a strong message: Reform is good for Americans, good for the market, and it's time to get on board.
Bipartisan discussions have begun again -- but Wall Street lobbyists are still swarming Capitol Hill, trying to trip up negotiations and maintain the gridlock that has defined Washington for far too long.
So now, it's up to us. We need to show Senate Republicans that the American people are watching closely to see whose side they end up on.
Tell Sen. McConnell: Stop standing in the way of desperately needed change to win favor with your Wall Street allies.
The President laid out a bold plan to hold Wall Street accountable, to protect American taxpayers by ensuring they'll never again be asked to bail out a big firm "too big to fail," and to put in place the strongest consumer financial protections ever proposed.
But this fight isn't just about fixing Wall Street. It's also about fixing Washington.
For too long, it's been a place where special interests have set the rules and petty partisanship has stood in the way of progress. As the President said Thursday, "We can and must put this kind of cynical politics aside."
Thanks to strong leadership from the President and Democrats in Congress, the gridlock is starting to crack, and Republicans are slowly giving signs that they'll come on board. The Senate has even scheduled a preliminary vote for Monday at 5:15 p.m.
But Wall Street lobbyists are flooding in to firm up opposition -- trying to carve out loopholes and exemptions for big banks and lenders who have long exploited consumers.
The only sure-fire way to make sure that the special interests don't get their way is to show Mitch McConnell and Senate Republicans that Americans are standing firmly with the President. Tell them to join us to fight for American families who are counting on reform, not the big Wall Street banks. Send a letter today:
http://my.barackobama.com/WallStreetReformLetters
Thanks,
Mitch
Mitch Stewart
Director
Organizing for America
P.S. -- Want to learn more about what reform means for you? Check out our online Wall Street reform resource center.
Paid for by Organizing for America, a project of the Democratic National Committee -- 430 South Capitol Street SE, Washington, D.C. 20003. This communication is not authorized by any candidate or candidate's committee.
This email was sent to: Texas_long_horn2005@yahoo.com
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