From: Center for Media and Democracy [mailto:[email protected]] Sent: Tuesday, January 19, 2010 4:02 PM Subject: Action Needed on Bank Reform; the insurance companies that gave Chamber of Commerce millions for health care attack ads while telling Congress they were supporting reform
<http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=3czcMYEd8%2BM7jZU1Qz JjNXd%2BY4Lj1eeU> Image removed by sender. The Center for Media and Democracy -- PR Watch.org Image removed by sender. January 19, 2010 Dear friends of the Center for Media and Democracy and BanksterUSA: Image removed by sender. Fill Senator Chris Dodd's Dance Card Over 3,000 of you signed our petition to investigate the insurance companies that secretly gave the Chamber of Commerce millions for health care attack ads at the same time they were telling Congress they supported reform. Thanks for taking action! But we need your help again today as major newspapers report that banking reform is in dire straights in the Senate due to pressure from Wall Street and its allies. Check out our new video <http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=NSvhynUT4pXoJ97sVRdg dnd%2BY4Lj1eeU> and sign our new petition <http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=tpLB5lHuhCiHcB08kOSo bHd%2BY4Lj1eeU> to Senate Banking Chairman Chris Dodd urging him not to cave in to efforts by the Big Banks and the right-wing to weaken his proposed bank reform bill. WHY ARE WE SO WORRIED? On January 6th, facing an impossibly tough re-election fight, Dodd announced that he was stepping down at the end of 2010. Politico reported that one financial service lobbyist crowed: "Now that Dodd is retiring, he can ignore the demands of the special interests on the left (consumer groups, trial bar, unions) and dance with the special interests that brought him to the dance in the first place. Us, his loyal donors in the banking community." On Friday, the Wall Street Journal reported that Dodd was considering dropping the idea of creating an independent, stand-alone Consumer Financial Protection Agency (CFPA), empowered to crack down on banking abuses, in order to get a regulatory revamp passed this year with Republican support. Dodd is apparently considering shrinking the CFPA into a division of an already existing federal agency (no doubt one with a track-record of failing consumers.) We urgently need your help to send Senator Dodd the message that his legacy should be standing up for Main Street, not dancing with Wall Street. Please help us "Fill Dodd's Dance Card" by signing our petition <http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=qpDc1kuTkwytFBS87z0n Ind%2BY4Lj1eeU> today! Sincerely, Mary Bottari, Center for Media and Democracy and BanksterUSA Image removed by sender. <http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=ArrCBZ0S5BSnslg8%2Fv nQSnd%2BY4Lj1eeU> Click here to unsubscribe Center for Media and Democracy 520 University Avenue, Suite 227 Madison, Wisconsin 53703-4929 Phone: 608-260-9713 | Fax: 608-260-9714 E-mail: <mailto:[email protected]> [email protected] Image removed by sender. DODD'S DILEMMA: WHO TO TAKE TO THE BALL? THE PEOPLE OR THE PLUTOCRATS? Senate Banking Chairman Chris Dodd has proposed a financial reform package that would rein in many Wall Street abuses and create a strong Consumer Financial Protection Agency to make sure fast-talking lenders can no longer rip off consumers and take risks with the economy that could trigger another crisis. But Dodd just announced he will retire at the end of 2010. What does this mean for reform? A financial industry lobbyist said that Dodd is now free to "dance with the special interests that brought him to the dance in the first place. Us, his loyal donors in the banking community." Fill Senator Dodd's dance card by sending him a message today! Tell him to make protecting Main Street his legacy -- not dancing with Wall Street. PETITION LANGUAGE Senator Dodd, Tell Wall Street You Have a New Dance Partner! I strongly support your proposal for an independent, stand-alone Consumer Financial Protection Agency. We urge you to stand up for those of us who have suffered during this Great Recession because of the greed and recklessness of the big banks. Don't let Wall Street water down your bill! Keep the Consumer Financial Protection Agency independent and strong, don't bury it in an already existing agency with a track record of failing consumers. Cap the size of the big banks so no institution can become too big to fail and restore Glass-Steagall protections against Wall Street gambling. Make your legacy protecting Main Street, not dancing with Wall Street. *** exposing the hidden truth for further educational research only *** CAVEAT LECTOR *** In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. NOTE: Some links may require cut and paste into your Internet Browser. Please check for daily real news posts and support the truth! 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