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Rob Kailey is a working schmuck with no ties or affiliations to any governmental or political organizations, save those of sympathy.

The Myth Machine Fires Up on Financial Reform

by: John_Firehammer

Sat Feb 06, 2010 at 08:46:05 AM MST


The champions of our miserable status quo have launched an offensive against financial reform with a whole new series of myths.

A new ad now airing in Montana tries to make a claim that proposed reforms of our nation's financial system amount to a "big bank bailout bill."

It's a deliriously cynical and misleading statement from the people who brought us the absurd cries of "death panels" and "socialized medicine."

The new myths from these old fear mongers are funded by a right-wing North Carolina organization -- the ironically named Committee for Truth in Politics -- and were scripted by Frank Luntz, an ultra-conservative stooge for Wall Street and the Big Banks.

Montanans and people throughout the nation are angry at Big Banks and Wall Street and the reckless business practices that have eviscerated our economy. But in the strange world of Luntz -- where everything is what it isn't and facts are meaningless -- the ads somehow wave the populist flag while railing against the very policies that will stabilize our financial system and rein in the Fat Cats.

The financial reforms before Congress would impose rules and consequences on the massive corporations that got us into our economic mess.

That's why big-bonus CEOs and the enemies of reform are launching such a hard and dirty fight against these changes.

It's time our laws protected Main Street, not Wall Street.  

John_Firehammer :: The Myth Machine Fires Up on Financial Reform
John Firehammer is communications director for Montana Change That Works, a permanent grassroots organization dedicated to holding Congress accountable to pass a progressive agenda.
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