Dear Tea Party Leaders: Your refusal to support a financial reform bill with teeth that stops reckless fraud and abuse proves beyond a doubt that the Tea Party is bought and paid for by the national Republican Party and is nothing more than a 2012 campaign vehicle for Sarah Palin.
Last night, Republicans voted unanimously to block an effort by Senate Majority Leader Harry Reid to overhaul financial regulations from reaching the Senate floor. You have failed to condemn this obstructionism by the national Republicans.
Your silence on the issue of financial reform is a betrayal of those Americans who want to fix our economy, create jobs and put the American people’s interests ahead of the big banks. Now more than ever, the United States and the American people support holding Wall Street to higher standards of fairness, transparency and accountability, so that taxpayers will never again be asked to bail out a big bank.
To those of you who are sincere about the need to make our country stronger and better, we urge you to declare your independence from your Republican controllers and do what’s right for America – join Patriot Majority and the vast majority of Americans in supporting real financial reform.