Still no cramdown — Yeah, DCCC still wants your money!

I get spam:

Jason –

This afternoon, the House passed a bill 223-to-202 tightening financial regulations and ensuring we put Main Street first.

For eight long years, President Bush and his Republican allies ignored growing risks in the financial markets. The Republicans failed to regulate financial markets leaving the big banks to take huge risks with our money and leaving taxpayers with the bill.

Today, Democrats took bold action and voted to protect Main Street’s families and small businesses — just days after Republicans were huddling with special interest groups in the Capitol over the strategy to kill financial reform.

But, unfortunately we know what that means - fat cat special interests will be gunning for Democrats who stood with us. The U.S. Chamber of Commerce has already pledged over $2 million in advertising.

That’s why this week we asked you to help us raise money for our Main Street Democratic Fund, and I am proud to announce you helped us to shatter our goal of raising $50,000 this week. We can’t thank you enough.
http://dccc.org/blog/archives/gop_masquerade/

We will keep you posted as we continue to fight for health care reform and help our candidates prepare for 2010. Thanks again for standing with us as we continue to stand up for you!

Best wishes,

Jon Vogel
DCCC Executive Director

P.S. For those of you who will celebrate tonight, the DCCC wishes you a very Happy Hanukkah!

Contribute Today:

But cramdown isn’t included.

The plight of homeowners has become a volatile political issue. On Friday, as the House passed a series of new financial regulations, it narrowly defeated a provision that would have allowed bankruptcy judges to modify the terms of mortgages. The measure was strongly opposed by the banking industry.

Maybe someone should ask Congresswoman Bean why that might be?

The Audit the Fed provision did make it into the house version of the bill. It’ll be interesting to see if such a provision survives both the Senate and the conference committee.

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