Tuesday, November 22, 2011

BUSTED: LOBBYING FIRM SENT UNSOLICITED ANTI-OWS MEMO TO BANKERS

MSNBC's Chris Hayes broke the story on Saturday morning.
Should Americans really be surprised?
Washington, D.C.-- Now we have the smoking gun. On Saturday morning, November 19, Chris Hayes, broke the story on his weekend MSNBC show, Up With Chris Hayes, that the Washington D.C. lobbying firm of Clark, Lytle, Geduldig and Cranford (CLGC), sent an unsolicited memorandum to the American Banker's Association outlining a plan to neutralize any impact the Occupy Wall Street movement might have upon the upcoming 2012 elections. You can find that short video segment click here and can read the memorandum itself click here.

If you need further proof that Congressional Republicans are putting big Wall Street banks before middle class families, look no further than this explosive memo that was ironically prepared by former John Boehner staffers-turned-banking lobbyists.

This just-leaked memo details an $850,000 “message war” plan to attack and discredit grassroots citizen movements working to hold special interests accountable.

photo: Ove Overmyer
Republicans and big corporate backers may have Washington special interests, but we have an army of grassroots union activists made up of committed citizens like you standing with us. There is no doubt who the real obstacles are for moving our country forward-- what more proof do you need than this memo?

Why are Republican lobbyists panicking? One of the overriding concerns of the memo’s authors is how it will look for their executives to collect multi-million dollar year-end bonuses at a time middle class families are struggling to make ends meet. This is just another example of the misguided priorities of the Republican Party.

The memo goes on to describe a Democratic victory in November as detrimental to Republican special interests. They know a Democratic Majority in Congress will fight for middle class families, and make sure that millionaires pay their fair share and close corporate tax loopholes.

The message is quintessentially Republican; it seeks to instill fear in the Banker's Association that Democratic candidates will embrace "the growing and increasingly organized Occupy Wall Street (OWS) movement to prevent Republican gains in Congress and the White House next year."
 
The memo notes that such a tactic by Democrats is unsurprising because they historically adopt "extreme positions and movements to increase base voter turnout... ." Apparently, this tactic is not to be feared. Rather, it is the nexus of the Tea Party and the OWS movement, the overlapping interests of both movements in their "angered populism" which should terrify the banking industry since that nexus could result in Republicans failing in their role as minions for the banking elite. Republicans may no longer defend Wall Street, "and might start running against them too."

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