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Join Us Today for the K Street Showdown
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Congress is poised to vote on Wall Street reform—the most important to our financial system in decades. We are taking our message “Good Jobs Now! Make Wall Street Pay” to K Street, the power corridor in Washington, D.C., where Big Bank lobbyists plot to kill real financial reform and peddle corporate influence on Capitol Hill.
AFL-CIO Secretary-Treasurer Liz Shuler will lead a large contingent of working families and union staff today, May 17, as we join with our partners from National People’s Action, Move On, SEIU and others to rally and call out the lobbyists for the Big Banks.
The rally kicks off at 11:45 a.m., in McPherson Square at the intersection of K Street and Vermont Ave., N.W.. If you can’t be there in person, join us as we live webstream the rally at www.aflcio.org. Also at www.aflcio.org, you can join in the discussion and leave your comments. Follow the action on Twitter via #bankshowdown and check back here, where we’ll be tweeting the event live. And there’s still time to invite your friends to join us online via Facebook.
We’re especially targeting the lobbyists for Wall Street’s Big Six Banks: Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo/Wachovia. Amazingly, the Big Banks are spending some $1.4 million a day in lobbying and political expenses to fight legislation that would reform the financial industry and help prevent another economic meltdown.
Just as we did last month when we marched to the doors of Wall Street, we will let the lobbyists on K Street know they can no longer do business as usual. It’s time for Wall Street and the Big Banks to pay to restore the millions of jobs their reckless practices destroyed and time to stop their multi-million dollar lobbying campaign to kill reform.
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2 Comments
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You keep ignoring FannieMae and Freddie Mac, the two largest mortgage offenders.
Taxpayers are still bailing out both!
Please hold them responsible!
Alex
I believe that the wrath of the unions are directed at the wrong culprits. Everyone understands the greed of the banking industry. That’s an established fact.
But what of the pass these banks have recieved by congresional members such as Barney Frank, Chris Dodd and Barack Obama? In fact union supported groups such as Acorn, backed by the mentioned senators, pressured the banks into loaning money to borrowers with bad credit histories. All in the socialist agenda of redistributing the wealth. The unions will not succeed if they ruin big business. We will go the way of Greece if we continue this destructive behavior. The United States is beginning to resemble a third world country, as the government and large union bosses are gaining more control. If we continue along the path of socialism and the teachings of Chairman Mao, we are destroying the American dream for our children.
We want more and more without any kind of effort or sacrifice. The ending can only be bad.