podesta_email_19211.txt

podesta-emails 2,804 words email

D6 P17 P19 V16 V11

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www.americansunitedforchange.org <http://www.americansunitedforchange.org/> FOR IMMEDIATE RELEASE CONTACT: Lauren Weiner, 202-470-5870 DATE: February 2, 2010 Jeremy Funk, 202-470-5878 Wall Street 'Pigs' TV Ad Gets Wide Notice, Puts Congress on Notice to Pass the President's Financial Regulatory Reform Plan Click Here to View 'Pigs at the Trough' <http://www.americansunitedforchange.org/press/releases/banks_went_hog_w ild_on_wall_st/> ***Broadcast Quality <https://rcpt.yousendit.com/811519514/5d197a4fde042bd17b1e02c4eeb74a0a> *** Pro-Obama Group Goes After Wall Street 'Pigs' <http://www.huffingtonpost.com/2010/02/01/pro-obama-group-goes-afte_n_44 3871.html> http://www.huffingtonpost.com/2010/02/01/pro-obama-group-goes-afte_n_443 871.html First Posted: 02- 1-10 07:34 AM | Updated: 02- 1-10 07:41 AM In a new push to sound a tougher tone with Wall Street, an outside group supportive of the White House is going up with a new television spot urging Congress to pass the president's plan for financial regulatory reform. Americans United for Change released the spot on Monday morning. In it, the group makes the same political pitch the White House has made in recent weeks, one that elevates cleaning up Wall Street over health care reform on the legislative agenda. "When big banks went hog wild on Wall Street they left behind one fine mess on Main Street," the ad goes. "Their greed and recklessness left the economy stuck in the mud and over seven million Americans without jobs. But the big banks were first in line at the trough for their taxpayer bailout and back to their old piggish ways in no time. Now the Wall Street lobbyists say they will clean up their act. But remember you can put lipstick on a pig. But it is still a pig. Tell Congress it is time to step up and pass President Obama's plan to hold Wall Street banks accountable." Notably, the group's choice of villain is the financial industry itself and not the Republican Party that seems poised to trip up regulatory reform. An aide with the group said that the overarching push is to get Congress on board comprehensive financial regulatory reform legislation and its various components: a strong, independent Consumer Financial Protection Agency, a tax to recoup TARP funds, and a proposed rule to cap the size of banks and separate their commercial and investment activities. The spot is airing on cable news stations in Washington D.C. and will have "five figures" behind it. "Lipstick on a pig" is the same idiom that Obama used to mock Republican presidential candidate John McCain's attempt to cast his campaign as an agent for change. Back then, it led to a fabricated controversy about whether he was being insulting to then-vice presidential nominee Sarah Palin. http://dealbook.blogs.nytimes.com/2010/02/01/a-porcine-critique-of-bank- profits/ Investment Banking <http://dealbook.blogs.nytimes.com/category/main-topics/investment-banki ng/> A Porcine Critique of Bank Profits February 1, 2010, 11:51 am Decrying bankers as "pigs at a trough" is a well-worn rhetorical trope. Not that the activist group Americans United for Change seems to mind. The political action committee, which is supports passing President Obama's financial regulation proposals, cut this YouTube <http://topics.nytimes.com/top/news/business/companies/youtube/index.htm l?inline=nyt-org> clip comparing the likes of Goldman Sachs <http://topics.nytimes.com/top/news/business/companies/goldman_sachs_gro up_inc/index.html?inline=nyt-org> and Citigroup <http://topics.nytimes.com/top/news/business/companies/citigroup_inc/ind ex.html?inline=nyt-org> rebounding from the crisis with government help to, yes, swine at feeding time. "Bankrupt of any shame, the big banks are already back to business as usual, raking in billions in profits and bonuses and spending hundreds of millions to pay lobbyists to fight against reforms that would protect working families and small businesses from their abuses in the future," Tom McMahon, the group's acting executive director, said in a statement accompanying the video. http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=20100201 1324dowjonesdjonline000337&title=left-leaning-group-focuses-ad-campaign- on-wall-street Left-Leaning Group Focuses Ad Campaign On Wall Street By Fawn Johnson, Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- Americans United for Change, the left-leaning group that aggressively responded to "death panel" rumors, campaigned for children's health insurance, and fought Social Security privatization, turned its attention Monday to Wall Street when it announced a new television ad campaign asking lawmakers to pass financial overhaul legislation this year. The ad, which will air on Washington D.C.-area cable channels, features "pigs at a trough" with bank names such as "Goldman Sachs" scrawled on their sides. A greater influx of cash for the nonprofit group could allow them to expand the campaign to more markets. The group in the past has drummed up support for its traditionally Democratic causes by raising money for ad buys in districts of lawmakers who could be considered swing votes or are in tough reelection fights. The ad launched Monday marks the first of a series of ads criticizing Wall Street, a spokeswoman said. Banks went "hog wild on Wall Street" and "left behind one fine mess on Main Street," the ad says. "Big banks were first in line at the trough for their taxpayer bailout." Many of the biggest banks that took money from the Troubled Asset Relief Program have repaid the U.S. Treasury. But the industry also is lobbying to stop some of U.S. President Barack Obama's financial overhaul plans such as a new tax on lenders. -By Fawn Johnson, Dow Jones Newswires; 202-862-9263; [email protected] http://blogs.wsj.com/deals/2010/02/01/100-million-bonus-report-goldman-l ashes-out/ $100 Million Bonus Report: Goldman Lashes Out February 1, 2010, 4:21 PM ET By Michael Corkery Not too long ago, Goldman Sachs might have let a story like this one go without comment, but that was before a banking crisis put a bulls-eye on Goldman's back.Goldman strongly denied and criticized an article in the Times of London, which stated that CEO Lloyd Blankfein could receive a bonus of $100 million. <http://blogs.wsj.com/deals/2010/02/01/a-100-million-bonus-for-goldmans- blankfein/> "Although our Board of Directors has yet to determine executive compensation, everything the firm has said and done on the subject calls into question The Times' story, '' said Goldman Lucas van Praag in a statement emailed to Deal Journal. With Goldman under attack for everything from its executive bonuses to its mortgage trades during the financial crisis, its PR department has been hitting back. "Giving credibility to tittle-tattle is pretty shoddy journalism,'' Van Praag added in his statement. Van Praag said in a statement on CNBC this afternoon, <http://www.cnbc.com/id/15840232?video=1401935809&play=1> "There is speculation and there is stupidity. This speculation transcends simply stupid and take s it to a new level." Earlier this month, Goldman put out a press release clarifying that Blankfein did not say at a hearing before the Financial Crisis Inquiry Commission that some of its CDO trades were improper, as had been reported in some press accounts about the hearing. Here is what they are up against. Americans United for Change, a pro-labor lobbying group, recently released an advertisement on YouTube <http://www.youtube.com/watch?v=S0zNf6asRhM> , showing pigs feeding from a muddy trough. The ad flashes an image of a pig with the Goldman Sachs logo projected on its side, while the narrator criticizes the financial industry bail out and urges viewers to tell their Congressional representative to support the White House financial reform proposal. "When big banks went hog wild on Wall Street - they left one fine mess on Main Street,'' the ad's narrator says. "Their greed and recklessness left the economy stuck in the mud." As of late, Goldman has shown that it isn't afraid to play hard ball. http://firstread.msnbc.msn.com/archive/2010/02/01/2191069.aspx Dem group hits Wall Street in ad Posted: Monday, February 01, 2010 11:33 AM by Mark Murray Filed Under: Democrats <http://firstread.msnbc.msn.com/archive/category/1020.aspx> , Ads <http://firstread.msnbc.msn.com/archive/category/1232.aspx> From NBC's Mark Murray In another sign that Democrats are trying to tap into the rising populism by aiming their political fire at Wall Street, the Democratic-leaning group Americans United for Change has a new TV ad taking on the financial industry. Oink, oink. http://www.politico.com/blogs/bensmith/0210/AUC_Pigs_at_the_Trough.html? showall February 01, 2010 AUC: 'Pigs at the Trough' <http://www.politico.com/blogs/bensmith/0210/AUC_Pigs_at_the_Trough.html ?showall##> Americans United for Change sends over this D.C. cable spot, intended, the group says, as the "opening shot" in the financial reform campaign. The health care debate did a pretty effective job of reminding us of the relative power of small cable television buys versus, say, multi-million dollar national TV campaigns from the Chamber of Commerce. But the ad is interesting because the labor-backed AUC has been one of the central carriers of White House message, usually pretty well in coordination with the legislative strategy of the moment. And this ad suggests that the talk of "fat cats" was just a start in the '30s-style anti-banker rhetoric, and that we've moved on to porcine metaphors. Posted by Ben Smith 08:48 AM http://www.politico.com/morningmoney/0210/morningmoney74.html NEW ANTI-WALL STREET AD from Americans United for Change going up on D.C. cable this week. From the script: 'When big banks went hog wild on Wall Street - they left behind one fine mess on Main Street. Their greed and recklessness left the economy stuck in the mud - and over 7 million Americans without jobs. But the big banks were first in line at the trough for their taxpayer bailout - and back to their old piggish ways in no time. Now the Wall Street lobbyists say they'll clean up their act. But remember, you can you put lipstick on a pig - but it's still a pig.' SEE THE AD: <http://bit.ly/b3oKvg%20> http://www.salon.com/news/politics/war_room/2010/02/01/auc_ad/index.html Monday, Feb 1, 2010 09:35 EST Big banks like pigs at the trough? <http://www.salon.com/news/politics/war_room/2010/02/01/auc_ad/index.htm l> Liberal group's ad backing financial reform employs a pointed metaphor Video By Alex Koppelman <http://www.salon.com/author/alex_koppelman/index.html> If a new ad from Americans United for Change is any indication -- and given the group's history of being on message with the White House and the Democratic Party, it is -- then the fight over President Obama's plans for financial reform is going to get pretty messy. The group released a new ad on the subject Monday; it's essentially an attack ad, with big banks as the targets. They're all depicted as pigs that were, the narrator says, "first in line at the trough for their taxpayer bailout - and back to their old piggish ways in no time." The spot will be running on cable in Washington, D.C., which means it's aimed specifically at opinion makers and legislators. THE WHITE HOUSE BULLETIN Bulletin News, LLC * 11190 Sunrise Valley Drive, Suite 130 * Reston, VA 20191 * Fax (703) 674-1048 * Tel (703) 483-6100 http://www.usnews.com/news/blogs/washington-whispers/2010/02/01/pro-obam a-group-hits-airwaves-to-push-financial-reform.html * Pro-Obama Group Hits Airwaves To Push Financial Reform. President Obama is getting some support for his financial reform legislation from Americans United for Change which is putting up an ad in Washington this week to attack big banks and promote his Consumer Financial Protection Agency. The ad for cable stations, provided in advance to the Bulletin, portrays big banks as pigs wallowing in mud. One pig is shown with lipstick as the announcer says: "Now the Wall Street lobbyists say they'll clean up their act. But remember, you can put lipstick on a pig, but it's still a pig." The ad will run on news cable stations. The legislation is part of the President's shift to a more populist agenda and the pro-Obama group, which has aired several ads in support of his programs, is moving aggressively to help the President push bank reform through Congress. "Bankrupt of any shame, the big banks are already back to business as usual, raking in billions in profits and bonuses and spending hundreds of millions to pay lobbyists to fight against reforms that would protect working families and small businesses from their abuses in the future. That's why there's no time for Congress to waste answering President Obama's call to pass financial regulatory reform, including a strong, independent Consumer Financial Protection Agency," said Tom McMahon, acting executive director of Americans United for Change. And suggesting that members could face stepped up opposition from groups like his for not backing the President, he added, "Members of Congress soon face a clear choice: stand with the Wall Street lobbyists by obstructing reform, or stand with hard hit working families and small businesses on Main Street by getting it passed." -- Bulletin exclusive from U.S. News http://thehill.com/blogs/blog-briefing-room/news/78979-video-liberal-gro up-goes-after-wall-street VIDEO: Liberal group goes after Wall Street By Eric Zimmermann - 02/01/10 08:52 AM ET Americans United for Change (AUC) has launched a tough new ad in the DC market targeting Wall Street firms for opposing financial regulatory reform. "[T]he big banks were first in line at the trough for their taxpayer bailout, and back to their old piggish ways in no time," the narrator says. http://www.dailykos.com/storyonly/2010/2/1/832707/-Who-loves-Scottie-Bro wn Who loves Scottie Brown? by SusanG <http://susang.dailykos.com> Mon Feb 01, 2010 at 07:56:03 AM PST The banksters love Scottie Brown <http://www.boston.com/business/articles/2010/02/01/late_in_senate_race_ financial_sector_donations_swelled_browns_coffers/> : In a six-day span just before the US Senate election, Republican Scott Brown collected nearly $450,000 from donors who work at financial companies, a sign the industry is prepared to spend heavily in the upcoming midterm elections to beat back new controls and taxes President Obama wants to impose. The donations, from hundreds of financial executives, far exceeded what Brown received from doctors and others in the health care industry in the final days of the campaign. While Brown saw donations from all quarters explode in mid-January, as polls showed him closing fast on opponent Martha Coakley, the donations from financial workers coincided with several key developments that would affect their companies. This wasn't a "kill health care" Senate seat purchase. This was a "preserve my $100 million bonus <http://wallstreetpit.com/15863-goldman-sachs-ceo-expecting-100-mln-bonu s> " Senate seat purchase. The news of just who was most invested in getting that seat flipped to the R-side of the aisle comes on a day when Americans United for Change launches a most appropriately themed ad in the DC market: http://www.thefoxnation.com/wall-street/2010/02/01/liberal-group-goes-af ter-wall-street Liberal Group Goes After Wall Street Americans United for Change (AUC) has launched a tough new ad in the DC market targeting Wall Street firms for opposing financial regulatory reform. "[T]he big banks were first in line at the trough for their taxpayer bailout, and back to their old piggish ways in no time," the narrator says. http://www.newsrealblog.com/2010/02/01/wall-street-free-market-or-the-ne xt-slaughter-house/ Wall Street: Free Market or the Next Slaughter House? 2010 February 1 tags: Left <http://www.newsrealblog.com/tag/left/> , News <http://www.newsrealblog.com/tag/news/> , Politics <http://www.newsrealblog.com/tag/politics/> , The Huffington Post <http://www.newsrealblog.com/tag/the-huffington-post/> by Rhonda Robinson Greed, according to the New Leftist <http://www.discoverthenetworks.org/viewSubCategory.asp?id=118> "morality" handbook, is the only sin deserving of the death penalty. Wall Street, they would have us believe, is unrepentant and has demonstrated its depravity repeatedly. According to Americans United for Change <http://www.discoverthenetworks.org/groupProfile.asp?grpid=7475> (AUC <http://www.discoverthenetworks.org/groupProfile.asp?grpid=7475> ), now it's time for the "pigs" on Wall Street <http://www.discoverthenetworks.org/individualProfile.asp?indid=2354> to be penned, branded and neutered by congress. The Huffington Post <http://www.discoverthenetworks.org/groupProfile.asp?grpid=7129> reports that a new effort is underway to help the White House <http://www.discoverthenetworks.org/individualProfile.asp?indid=2354> change its course from Obama Care <http://www.discoverthenetworks.org/groupProfile.asp?grpid=7488> , and try to redirect the country's anger elsewhere, preferably at the banks. The AUC <http://www.discoverthenetworks.org/groupProfile.asp?grpid=7475> , has launched a new commercial, which dangles a "five figure" price tag of its own, in an attempt to demonizes the big banks. It cites "greed" as their unforgivable sin and pins the economy failures and job losses squarely on Wall Street . "When big banks went hog wild on Wall Street they left behind one fine mess on Main Street." The AUC <http://www.discoverthenetworks.org/groupProfile.asp?grpid=7475> , a group with ambitions <http://www.discoverthenetworks.org/groupprofile.asp?grpid=7333> to "contribute to a grass roots groundswell for progressive policies" will air their new commercial on cable news stations in the D.C. area. It's their tried old strategy of " isolate, demonize and eliminate" that the public is starting to get weary of. "Their greed and recklessness left the economy stuck in the mud and over seven million Americans without jobs. But the big banks were first in line at the trough for their taxpayer bailout and back to their old piggish ways in no time." "But remember you can put lipstick on a pig. But it is still a pig. Tell Congress it is time to step up and pass President Obama's plan to hold Wall Street banks accountable." While Bush foolishly believed the way to "save capitalism" was violate its principals, the Left has no such goals. They will violate its principals, with the purpose of leading capitalism to the slaughter house. And they will do it, with the pious sounding ideals of eliminating greed from Wall Street. ________________________________________ Jeremy J. Funk Communications Director, Americans United for Change Office: 202.470.5878 Cell: 605.366.3654 [email protected] www.AmericansUnitedforChange.org <http://www.americansunitedforchange.org/> -- You received this message because you are subscribed to the "big campaign" group. To post to this group, send to [email protected] To unsubscribe, send email to [email protected] E-mail [email protected] with questions or concerns This is a list of individuals. It is not affiliated with any group or organization.