This is the #DemPartyPlatform for 2020. This section is called: Curbing Wall Street Abuses..Only one party has a specific plan for leveling the playing field for #WorkingAmericans..the other has done nothing but pledge their loyalty to a corrupt billionaire 1/11
The scars of the financial crisis that triggered the Great Recession are still present in our economy and our society. Financial institutions should never be “too big to fail.” 2/11 #DemPartyPlatform#financialsectorcleanup
#Democrats will maintain and expand safeguards that separate retail banking institutions from more risky investment operations, and ensuring Wall Street investors pay their fair share in taxes.4/11 #DemPartyPlatform#financialsectorcleanup
#Democrats will strengthen and enforce the Obama-Biden Administration’s Dodd-Frank financial reform law, including the Volcker Rule, to protect American workers from the impacts of future financial crises, and will support an updated and modernized version of Glass-Steagall. 5/11
And when justified by the law, #Democrats will back criminal penalties for reckless executives who illegally gamble with the savings and economic security of their clients and American communities.6/11 #DemPartyPlatform#financialsectorcleanup
#Democrats will expand access to credit by creating a public credit reporting agency to provide a non-discriminatory credit reporting alternative to the private agencies, and will require its use by all federal lending programs, including home lending and student loans. 7/11
And #Democrats will strengthen banking regulations, including the Community Reinvestment Act, to ensure equitable access to credit and banking products for all Americans, 8/11 #DemPartyPlatform#financialsectorcleanup
#Democrats will reinvigorate the Consumer Financial Protection Bureau (CFPB) to ensure that banks, financial institutions, and lenders cannot prey on consumers.9/11 #DemPartyPlatform#financialsectorcleanup
Dems will also give bankruptcy judges authority to "cram down," or modify,mortgages for primary residences during bankruptcy proceedings, so working families can benefit from the same debt relief tools currently available to those who own assets like vacation homes & yachts.11/11
• • •
Missing some Tweet in this thread? You can try to
force a refresh
There are many of @HC_Richardson “Letters from An American” that should be highlighted. This one is of vital importance because it summarizes where we find ourselves today as we #resist those who mean to strip our rights, protections & freedom. open.substack.com/pub/heathercox…
1/23
According to the nonpartisan Economic Policy Institute, legislatures in at least ten states have set out to weaken federal child labor laws. 2/23 #PayAttentionAmerica#ChildLabor
In the first three months of 2023, legislators in IA,MN,MS,NE,OH & SD introduced bills to weaken the regulations that protect children in the workplace & in March, Arkansas governor Sarah Huckabee Sanders signed a law repealing restrictions for workers younger than 16. 3/23
STATEMENT from #WhiteHouse PLEASE read!>>Congressional Republicans have laid out their mega MAGA trickle-down economic plan clearly. Their economic plan will raise costs and make inflation worse. Their five part plan includes:
1/24 #BlueIn22#RepublicansAreHarmfulToAmericans
“GOP wants to push to extend Trump tax cuts… Republican lawmakers gear up to push 2017 tax law after midterm elections, despite potential impact on inflation.” Washington Post 10/17/22 #RepublicansAreTheProblem#VoteBlueIn2022
#Thread Below is a statement from Sarah Jaynes, a key advisor to the Winning Jobs Narrative project and the Executive Director of the Rural Democracy Initiative: 1/11 #RuralDemocracyInitiative
Voters in small cities and rural communities are working people, through and through. They believe in their communities and in this country, even when the country fails to prioritize them and rural economies struggle. 2/11 #RuralVoters#DemPriorities#WorkingAmerica
Some right wing leaders have tried to exploit the economic anxiety that many rural Americans justifiably feel.But the Biden Administration & current Congressional majority have taken action with the greatest investments in rural America in the last 50 years. 3/11 #DemPriorities
New York Times reported on how oil and gas lobbyists are plotting with Republicans in Congress to keep costs high by repealing billions of dollars in consumer energy electrification incentives that were part of the Inflation Reduction Act. 2/7
In 2019,Time Magazine ran this story by Olivia B. Waxman on the origins,meaning & implications of fascism. If millions of Americans support the 21st century version of this movement, they should definitely understand it. #Fascists#TrumpCult 1/38
When Benito Mussolini debuted the Fasci Italiani di Combattimento, the precursor to his fascist party, on Mar. 23, 1919, in Milan, he wasn’t inventing the idea of violent authoritarianism. But he put a name on a new and terrible breed of it. #Fascism#TrumpCult 2/38
Under his leadership, squads of militants attacked,beat &killed fellow Italians;later, once he had become the authoritarian ruler of Italy,he oversaw brutality in Ethiopia,an alliance with Hitler & the persecution of Italy’s Jewish population and others, among other crimes. 3/38
Oops they’re doing it again. Republican members of Congress want to be seen as voting in lockstep with their party but they also want credit when the legislation crafted & passed by #Democrats pay huge dividends for their constituents. #WeSeeYou👀 1/20 #DemocratsDeliver
This article, from Jan. 20, 2022 By Steve Benen tells the story of the double-dealing, mealy-mouthed, two-faced, weaselly, yellow-bellied, two-timing, lying Republican swine. The article doesn’t use those words but draw your own conclusions. 2/20 msnbc.com/msnbc/amp/ncna…
“Around this time 12 years ago, as investments from Barack Obama's Recovery Act started reaching communities nationwide, Republicans who opposed the economic package started showing up at ribbon-cutting ceremonies.”3/20 #RepublicanHypocrisy