Republicans Are Listening To The Big Banks, Not You

Think Republican Senators are listening to you? Not a chance.

While you're protesting, Republican Senators like Mitch McConnell are cozying up to many of the same figures who were responsible for creating the economic meltdown. They're promising them that there will be no new transparency, no accountability, no end to the too big to fail system that resulted in taxypayer bailouts. They're looking out for their friends on Wall Street and not you on Main Street. They're promising Wall Street and the big banks that they'll kill financial reform for big campaign contributions. For those big campaign contributions from Wall Street and the big banks they're willing to turn a deaf ear to the outcry of Americans whether they're in the tea party, Republican Party or Democratic Party.

Send Mitch McConnell a message. Tell him to listen to the American people and not the Wall Street banks who were responsible for crashing the economy.

• Sources:

• Fox Business: Street Execs Give Pols Earful on Financial Reform - 04/12/10

About 25 Wall Street executives, many of them hedge fund managers, sat down for a private meeting Thursday afternoon with two of the most powerful Republican lawmakers in Congress: Senate minority leader Mitch McConnell of Kentucky, and John Cornyn, the senior senator from Texas who runs the National Republican Senatorial Committee, one of the primary fundraising arms of the Republican Party.

• Wall Street Journal: GOP Chases Wall Street Donors - 02/04/10

In discussions with Wall Street executives, Republicans are striving to make the case that they are banks' best hope of preventing President Barack Obama and congressional Democrats from cracking down on Wall Street... [House Minority Leader John Boehner of Ohio] told [James Dimon, the chairman and chief executive of J.P. Morgan] congressional Republicans had stood up to efforts to curb pay and impose new regulations.

• Roll Call: House Republicans Huddle With Lobbyists to Kill Financial Reform Bill - 12/08/09

In a call to arms, House Republican leaders met with more than 100 lobbyists at the Capitol Visitors Center on Tuesday afternoon to try to fight back against financial regulatory overhaul legislation...In addition to asking trade associations to get their members in Congressional districts to write letters opposing the legislation, Republicans asked for companies and trade associations to use their Democratic consultants to gather intelligence on where members of the Congressional Black Caucus and the Blue Dog Coalition are in supporting the legislation.