Chuck --
We knew it was coming.
House Republicans have started their reckless effort to undo Wall Street reform. Their agenda? Bring back the days of unrestrained excess, deception, and de-regulation of Wall Street.
One of their strategies is to choke funding to two of the agencies which are critical to the implementation and enforcement of the financial reform law, the Securities and Exchange Commission and the Commodity Futures Trading Commission.
Last week, Republican Senate Minority Leader Mitch McConnell stated that "anything we can do to slow down, deter or impede their ability to engage in this kind of oppressive over-regulation which is freezing up our economy would be good for the country… The less we fund those agencies, the better America will be."
This is both an expression of Republican extreme right-wing ideology and payback to their big contributors in the financial services industry, many of whom are already working to defeat President Obama next year.
By giving generously to support House Democrats you can send a powerful message to House Republicans to let them know that we will do all we can to stop them. We are just 3 days away from the DCCC’s critical mid-year FEC fundraising reporting deadline and are in a virtual dead heat with the Republicans in the fundraising race year to date.
Help us meet our $1 Million grassroots goal by June 30th to show your support for President Obama and help Democrats win back the House. Contribute $3 or more today and a group of Democrats will triple-match your gift.
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The GOP doesn’t just want to cripple these agencies and neuter the government’s ability to police too-big-to-fail institutions -- they want to repeal Wall Street reform altogether.
In short, they simply want to "re-deregulate" Wall St. Why? In part because the Republican attack on our financial reforms has paid off handsomely for them in the form of millions of dollars in campaign contributions.
With the world watching, help us meet this critical grassroots goal by June 30th to show your support for President Obama and help Democrats win back the House. Contribute $3 or more today and a group of Democrats will triple-match your gift.
Please make your voice heard today with a powerful statement to House Republicans by contributing before June 30th.
Thank you,
Rep. Barney Frank
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They don't say WHO the "group of Demonrats" are - but I'll bet a nickel that George Soros is one of 'em...
Thanks for a convenient address and phone number I can use when signing up for something that I know ill result in spam calls and junk mail!
ReplyDeleteI've never gotten a phone call, since if I ever gave them a number, it was misstated somehow. :)
ReplyDeleteActually, I have to rescue many of these missives from my spam folder. At least they aren't as prolific as the Nigerians and the Viagra vendors...