Progressive Democrats are apparently fed up with the big banks and are taking a strong stand on financial reform (this includes the previously "not-so-progressive" Blanche Lincoln, whose Progressive primary challenger apparently stiffened her backbone).
Please call your Senators and demand that they support the following two bills introduced by Democratic Senators -- it's time to end the era of the "Wall Street casino":
- Sen. Blanche Lincoln’s very tough derivatives bill
- Sens. Sherrod Brown (D-Ohio) and Ted Kaufman’s (D-Del.) bill to limit the size of banks
While I was writing this, ABC News reported that Chris Dodd caved in and will now replace his somewhat wimpy derivatives rules with the much tougher rules contained in Blanche Lincoln's bill. Thank God.
