Nader to Dodd: Stand up to special banking interests

[wordpix]

http://www.registercitizen.com/articles/2010/03/02/news/doc4b8d6a46bd613196668069.txt

WEB FIRST: Nader to Dodd: Stand up to special banking interests

snip

"As I said in that letter,

Making this kind of deal with the Republicans and more conservative members of your own party will signal to consumers across the land that you, as chair of the Committee on Banking, Housing and Urban Affairs, have lost touch with Main-Street interests. It will show that the leaders of the Democratic Party care more about the high-rolling gamblers on Wall Street and the fat-cat bankers than the consumers, workers, taxpayers, and small investors who have been left with the costs of the financial meltdown caused by executives' greed, speculation and crimes.

When you announced that you were not seeking re-election, many in the consumer movement thought that you would be free to push for meaningful financial re-regulation because you wouldn't have to worry about re-election fundraising. Instead it looks like you are mistakenly thinking that a financial re-regulation bill, no matter how lacking, is better than no bill, and that you need to deliver such a bill for President Obama.

In fact, abandoning consumers on real financial re-regulation is likely to be more costly to President Obama and the Democratic Party than standing up to the banking and financial interests that have so damaged our economy.

The Consumer Financial Protection Agency should be independent with strong leadership, not part of some other existing bank-indentured financial regulatory agency. Consumers need an independent agency that will serve their interests without being captured by the financial wheelers and dealers who put gouging for short-term profit before the legitimate interests of consumers." more

:shrug: maybe Nader's going to do some good on this issue. I hope so. My Sen. Dodd has really sold out on this one.

[FreakinDJ]

1. Not "Trader Ralph" again

Geez - fade away already

[Tierra_y_Libertad]

2. k&r

[Ramulux]

3. Love Nader

The dude doesn't give a fuck about the political game that all our representatives play. He only cares about the truth, and isn't worried about burning bridges. You could disagree with how the guy does things but I dont think anyone can disagree on the substance of what this guy says. If our democratic senators had half the spine of Nader we might have an actual liberal party in this country.

[sabrina 1]

4. Me too, he is rarely wrong about issues and that is why

they work so hard to try to smear him.

Go Ralph!

Oh yes, before the Nader haters arrive, pre-empting the false claim that he is responsible for eight years of Bush.

The Supreme Court stole the election from Gore, who actually won, and installed Bush the loser. It was a treasonous act and never should be forgotten. Nader haters appear to want to cover up that crime by attempting to shift the blame to someone who had nothing to do with it.

Just wanted to get that out of the way before the protectors of the criminals on the USCC who gave us the Bush administration arrive.

[upi402]

6. The truth hurts, he was right - both parties are corporatist

All Republicans and most Democrats. I swallowed that bitter pill a while ago. If folks don't see that by now ...:shrug:
Is he infallible, everything he did perfect? No.

[wroberts189]

11. +1 ..they are in forever denial mode.

They will not be able to blame Nader this next election when most of us stay home.

[NeoGreen]

14. +10^google n/t

[spiritual_gunfighter]

17. Nader is absoulutely right to go after Dodd on this

and yes they work so hard to smear him. makes me wonder what their agenda really is.

[appal_jack]

5. agreed k&r n/t

[mmonk]

7. Maybe one day people will listen to the things he says.

Then maybe politicians will follow.

[Echo In Light]

9. And the Gore/Bush scapegoat mythos will at long last dissipate!

K&R for Nader (I've voted for him twice now)

[mmonk]

12. I doubt it.

People still cling to it. Hence the venom you see. Myself, I blamed the Supreme Court for appointing bush to his initial term (which was wrong on so many levels) instead of letting the vote count process work itself out.

[spiritual_gunfighter]

18. It is the Supreme Courts fault

Gore won Florida and SCOTUS appointed Bush. Nader had nothing to do with it. People dont like what Nader has to say. When he says that there is no difference between the Republican and Democratic Party, I think that is hard for most people to take. I hope Nader continues to shake things up.

[Echo In Light]

19. Precisely. Even Gore disavows the Nader's Fault mythology that some moderates nurture w/zeal

[WeDidIt]

8. If Nader is for it, I'm against it.

Fuck Nader.

[mmonk]

10. Then unless you are a banker, you're against yourself.

[lonestarnot]

16. Welp deet dee fucking dee!

[athenasatanjesus]

13. Vice presidents that ran against Nader in 2000.....

dick cheney
joe lieberman

Name 2 worse politicians in America.

[Vidar]

15. K&R.

[wordpix]

20. Nader was a spoiler in 2000 but he's right on this and his anti-corporate stance in general

[upi402]

21. Choicepoint, and Supreme Court, and Jeb+Kathlene Harris -all spoilers

Actually criminal, but Obama and the Dem majority wont investigate... because Nader was right I agree with you 100%. Corporatists are in both parties.

IMHO, I wish he would've backed out to undermine their criminal cheating. But he did not betray democracy like they did - or even like 'no opposition party' betrays democracy.

But maybe after enough pain from our decline, history will report the truth. Maybe not if the History Channel crap spreads to textbooks.

[Echo In Light]

22. +1